Nippon India launched a new mutual fund, you will get the opportunity to invest in multinational companies
Nippon India Mutual Fund: Keeping in view the rapidly growing economy of India and the attraction of global brands, Nippon India Mutual Fund has launched ‘MNC Fund’.
Nippon India Mutual Fund: 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. Take the example of Apple, which has shifted its manufacturing to India. 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
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. Hindustan Unilever, Colgate-Palmolive, Abbott India, Siemens, Bosch and Nestle are some examples of multinational companies.
Why investing in MNC funds is special
Nippon India MNC Fund has the potential to generate alpha returns, as MNCs are global brands with good performance track records, have a strong international presence, invest in research and development. Are able to leverage operations as they operate globally and have strong balance sheets with low debt.
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 digitization 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 offers a dual benefit to investors, as this fund invests in global brands in India and Indian companies with global operations. The fund aims to leverage India’s growth story of becoming a factory to 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
The fund will focus its investments on high-growth multinationals capitalizing on opportunities in India and Indian multinationals focused on global and new-age businesses. It will also identify leaders with strong brand identities 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.
The post Nippon India launched a new mutual fund, you will get the opportunity to invest in multinational companies first appeared on informalnewz.
News