Nippon India launched a new mutual fund, opportunity to invest in MNC’s
India is now the fourth largest economy and the biggest global brands are turning to India. Not just for the sheer size of the market, but also to make India a manufacturing hub. India has made rapid progress in terms of ease of doing business, prompting global brands to expand operations here. Now you can be a part of this growth story and invest in some of the biggest global brands.
Nippon India MNC Fund NFO
Nippon India Mutual Fund has announced the launch of Nippon India MNC Fund, giving investors an opportunity to invest in some of the world’s largest companies through a single fund. The New Fund Offer (NFO) is open for subscription on July 2 and will close on July 16.
Nippon India MNC Fund will invest in multinational companies, which by definition includes companies that are registered in India but operate in more than one country.
Why investing in MNC funds is special
Nippon India MNC Fund has the potential to generate good returns, as MNCs are global brands with good performance track records, have a strong international presence, invest in research and development.
Additional benefits from India’s economic policies
This fund is also expected to benefit from favorable government policies and the growth of the Indian economy, which will help multinationals take advantage of favorable economic conditions. India is on its way to becoming a global manufacturing hub with the help of the Production Linked Incentive Scheme (PLI). In addition, strong moves towards digitalization and a large percentage of working class population with rising income levels are all drivers of growth for multinationals operating in India.
Investment in both Indian and global companies
Nippon India MNC Fund gives investors a dual benefit, as this fund invests in global brands and Indian companies with global operations in India. The fund aims to take advantage of India’s growth story of becoming a factory for the world, increasing discretionary spending and becoming the innovation hub of the world with a large cost-effective skilled manpower population.
In which sectors will the investment be made
This fund will focus its investments on high-growth multinationals taking advantage of opportunities in India and Indian multinationals focused on global and new-age businesses. It will also identify leaders with strong brand identity across multiple geographies and multinationals with healthy balance sheets with low debt.
The investment basket of Nippon India Mutual Fund will include multinationals in IT, pharma, automobile, consumer, cement, metal and industrial manufacturing sectors.
