Nippon India Mutual Fund
India’s economy is growing rapidly, that is why global brands are turning to India. Not only for the vast size of the market, but also to make India a manufacturing center. Take the example of Apple, which has transferred its production to India. India has made rapid progress in terms of ease of doing business, which has inspired the global brands to increase operations here. Now you can become part of this development story and invest in some biggest global brands.
Nippon India Mutual Fund has announced the launch of Nippon India MNC Fund, which will give investors a chance to invest in some of the largest companies in the world through the same fund. New Fund Offer (NFO) is open for subscription on 2 July and will be closed on 16 July.
Which company will invest in this MF?
Nippon India MNC Fund will invest in multinational companies, which include companies which are registered in India but work in more than one countries. Hindustan Unilever, Colgate-Palive, Abbott India, Siemens, Bosch and Nestle are some examples of multinational companies.
Nippon India MNC Fund has the ability to generate alpha returns, as MNCs are a global brand with good performance track records, their strong international appearance, they invest in research and development. They are able to take advantage of operations as they work globally and have a strong balance sheet with low loans.
This MF can grow rapidly with PLI scheme
This fund is also expected to benefit from favorable government policies and growth of Indian economy, which will help multinational companies take advantage of favorable economic conditions. India is on the way to become a global manufacturing center with the help of incentive scheme (PLI) related to production. In addition, strong steps towards digitization and a large percentage of working class population with rising income levels are all drivers of development for multinational companies working in India.
Nipple India MNC funds give double advantage to investors, as this fund invests in global brands and global operating Indian companies in India. The purpose of this fund is to take advantage of India’s development story of becoming a factory for the world, increase in discretionary expenditure and becoming the innovation center of the world with a large cost -effective skilled manpower population.
This fund will focus its investment on Indian multinational companies focusing on high -growing multinational companies and new era businesses taking advantage of opportunities in India. It will also identify leaders with strong brand identified leaders and healthy balance sheets with low debt in many geographical areas.
Nippon India Mutual Fund’s investment basket will include multinational companies from IT, Pharma, Automobile, Consumer, Cement, Metal and Industrial Manufacturing sector.