NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹9.87
0.38%
NAV as on 17 Mar 26, 12:00 AM
risk
thematic mnc
equity
NAV as on 17 Mar 26, 12:00 AM
risk
thematic mnc
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
-1.33%p.a.
Since Inception
About Nippon India MNC Fund - Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Nippon India MNC Fund - Growth scheme from Nippon Life India Asset Management Limited. It is a Thematic - MNC mutual fund scheme that predominantly invests in Thematic - MNC stocks of companies. Launched on Jul 2025, Nippon India MNC Fund - Growth is Thematic - MNC fund of its category with 425.17 Cr fund under management as on Mar 2026. The expense ratio of this fund is less than that of most other Fund category Thematic - MNC funds.
- Nippon India MNC Fund - Growth delivered 0.0% annual returns during the last year. It has delivered -1.3% average annual returns since the fund was launched.
- Nippon India MNC Fund - Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
The primary investment objective of the scheme is to achieve long-term capital appreciation for its investors. This objective will be pursued by strategically investing in a diversified portfolio of equity and equity-related instruments of multinational companies (MNCs). There is no assurance that the investment objective of the Scheme will be achieved.
Top 10 Holdings
Britannia Industries Ltd
6.35%
Cummins India Ltd
7.27%
Dr. Reddy's Laboratories Ltd
2.72%
eClerx Services Ltd
0.75%
Schaeffler India Ltd
2.61%
Fortis Healthcare Ltd
4.32%
Gokaldas Exports Ltd
0.60%
Hindustan Unilever Ltd
5.77%
Infosys Ltd
4.59%
Lupin Ltd
2.71%
Fund Managers
- Dhrumil Shah (Jul 2025 - Present)
- Kinjal Desai (Jul 2025 - Present)
- Divya Dutt Sharma (Sep 2025 - Present)
- Lokesh Maru (Sep 2025 - Present)
- Amber Singhania (Mar 2026 - Present)
Key Information
View Scheme Document
Nippon India MNC Fund - Growth SIP Calculator
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For a period of
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This Fund
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Fixed Deposit
NRI Mutual Fund Tax on Nippon India MNC Fund - Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Nippon India MNC Fund - Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Nippon India MNC Fund - Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Frequently Asked Questions
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