Nippon India MNC Fund
- NAV as on 25 Sep 2026
- ₹10.39+0.23%1 day
- Return since launch
- 5.2%
- 52-week range
- ₹9.45 — ₹11.19
- AUM
- ₹435 Cr
Nippon India MNC Fund is a Thematic-MNC equity fund from Nippon India Mutual Fund with ₹435 Cr under management, launched in 2025. The expense ratio is 2.54% and the SEBI riskometer reading is Very High.
Performance
Nippon India MNC Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -0.4% against +2.4% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -2.8% | −7.8 pts | 5.0% | 3.4% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -5.0% | −1.3 pts | -3.8% | -3.8% |
| 3M | -1.3% | −2.1 pts | 0.8% | 0.6% |
| 6M | 7.8% | −5.6 pts | 13.4% | 13.0% |
| 1Y | -0.4% | −5.4 pts | 5.0% | 2.4% |
Since launch (2 Jul 2025): 5.2%
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.53%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.10%
- Brokerage
- 0.04%
- Transaction charges
- 0.00%
- Statutory levies
- 0.39%
- Exit load
- Exit load of 1%, if redeemed within 1 year.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY MNC TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
Nippon India MNC Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity95.9%
- Debt0.0%
- Other4.0%
Market cap split
- Large56.4%
- Mid28.1%
- Small15.4%
- P/E
- 34.03
- P/B
- 6.03
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Nestle India Ltd. | Consumer Staples | 7.22% | ₹31.43 Cr | +6.98% | +8.51% | +8.48% |
| Cummins India Ltd. | Capital Goods | 7.05% | ₹30.67 Cr | +8.27% | +7.27% | +6.32% |
| Maruti Suzuki India Ltd. | Automobile | 6.78% | ₹29.50 Cr | +6.69% | +8.31% | +6.50% |
| Britannia Industries Ltd. | Consumer Staples | 6.57% | ₹28.61 Cr | +5.48% | +6.35% | +6.87% |
| Hyundai Motor India Ltd. | Automobile | 5.07% | ₹22.05 Cr | +3.83% | +4.33% | +5.48% |
| Hindustan Unilever Ltd. | Consumer Staples | 4.75% | ₹20.66 Cr | +5.29% | +5.77% | +7.32% |
| Sai Life Sciences Ltd. | Healthcare | 4.19% | ₹18.25 Cr | +3.39% | +2.93% | +2.70% |
| Others | Others | 4.06% | ₹17.74 Cr | +0.01% | +0.09% | +0.03% |
| Fortis Healthcare Ltd. | Healthcare | 4.06% | ₹17.68 Cr | +4.24% | +4.32% | +4.18% |
| Kansai Nerolac Paints Ltd. | Materials | 3.97% | ₹17.29 Cr | +6.02% | — | — |
| Infosys Ltd. | Technology | 3.91% | ₹17.01 Cr | +4.07% | +4.59% | +1.93% |
| Samvardhana Motherson International Ltd. | Automobile | 3.73% | ₹16.21 Cr | +6.65% | +6.59% | +4.37% |
| LTM Limited | Technology | 3.13% | ₹13.62 Cr | +2.85% | +3.15% | +4.04% |
| Escorts Kubota Ltd. | Automobile | 2.99% | ₹13.03 Cr | +2.51% | +3.10% | +1.32% |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 2.70% | ₹11.75 Cr | +2.42% | — | — |
| TBO Tek Ltd. | Services | 2.57% | ₹11.17 Cr | +1.84% | +1.85% | +2.19% |
| United Spirits Ltd. | Consumer Staples | 2.40% | ₹10.43 Cr | +2.08% | +2.27% | +2.40% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | 2.39% | ₹10.39 Cr | +2.75% | +2.72% | +2.97% |
| Schaeffler India Ltd. | Capital Goods | 2.35% | ₹10.24 Cr | +2.46% | +2.61% | +2.59% |
| Lupin Ltd. | Healthcare | 2.26% | ₹9.85 Cr | +3.18% | +2.71% | +2.48% |
| Siemens Energy India Ltd. | Energy | 2.15% | ₹9.38 Cr | +2.63% | — | +2.21% |
| Gujarat Fluorochemicals Ltd. | Chemicals | 2.00% | ₹8.70 Cr | +2.51% | +2.42% | +2.64% |
| 3M India Ltd. | Consumer Staples | 1.73% | ₹7.54 Cr | +0.95% | +1.09% | +1.00% |
| Vedanta Ltd. | Metals & Mining | 1.73% | ₹7.51 Cr | +2.23% | +4.98% | +4.68% |
| Divi's Laboratories Ltd. | Healthcare | 1.52% | ₹6.63 Cr | +1.09% | +1.06% | +1.12% |
| United Breweries Ltd. | Consumer Staples | 1.51% | ₹6.56 Cr | +1.55% | +1.89% | +2.43% |
| company:5530 | Technology | 1.04% | ₹4.54 Cr | — | — | — |
| Kaynes Technology India Ltd. | Capital Goods | 0.93% | ₹4.05 Cr | +0.81% | +1.00% | +1.76% |
| Coforge Ltd. | Technology | 0.91% | ₹3.97 Cr | +0.67% | +0.56% | — |
| eClerx Services Ltd. | Services | 0.91% | ₹3.95 Cr | +0.71% | +0.75% | +1.11% |
| Colgate-Palmolive (India) Ltd. | Consumer Staples | 0.83% | ₹3.61 Cr | +0.92% | +1.01% | +1.16% |
| Gokaldas Exports Ltd. | Textiles | 0.72% | ₹3.12 Cr | +0.65% | +0.60% | +0.71% |
| Bharat Forge Ltd. | Automobile | 0.62% | ₹2.70 Cr | +0.59% | +1.48% | +0.95% |
| Syngene International Ltd. | Healthcare | 0.46% | ₹2.00 Cr | +0.52% | +0.50% | +0.82% |
| LG Electronics India Ltd. | Consumer Discretionary | 0.43% | ₹1.86 Cr | +0.39% | +0.41% | — |
| Balkrishna Industries Ltd. | Automobile | 0.36% | ₹1.56 Cr | +0.35% | +0.38% | — |
| Sanofi Consumer Healthcare India Ltd. | Healthcare | 0.00% | ₹0.02 Cr | +0.01% | +0.01% | +0.01% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:5530 | 0.00% | 1.04% | +1.04% |
| Kansai Nerolac Paints Ltd. | 4.76% | 3.97% | -0.79% |
| Cummins India Ltd. | 7.56% | 7.05% | -0.51% |
| Samvardhana Motherson International Ltd. | 3.26% | 3.73% | +0.47% |
| Sai Life Sciences Ltd. | 3.75% | 4.19% | +0.44% |
| TBO Tek Ltd. | 2.23% | 2.57% | +0.34% |
| Maruti Suzuki India Ltd. | 7.07% | 6.78% | -0.29% |
| Hindustan Unilever Ltd. | 5.03% | 4.75% | -0.28% |
| Divi's Laboratories Ltd. | 1.29% | 1.52% | +0.23% |
| Lupin Ltd. | 2.48% | 2.26% | -0.22% |
| Britannia Industries Ltd. | 6.73% | 6.57% | -0.16% |
| LTM Limited | 2.98% | 3.13% | +0.15% |
| Fortis Healthcare Ltd. | 4.20% | 4.06% | -0.14% |
| Gujarat Fluorochemicals Ltd. | 2.14% | 2.00% | -0.14% |
| Coforge Ltd. | 0.78% | 0.91% | +0.13% |
| United Breweries Ltd. | 1.62% | 1.51% | -0.11% |
| Hyundai Motor India Ltd. | 4.97% | 5.07% | +0.10% |
| Vedanta Ltd. | 1.63% | 1.73% | +0.10% |
| Vedanta Aluminium Metal Ltd. | 2.80% | 2.70% | -0.10% |
| Colgate-Palmolive (India) Ltd. | 0.90% | 0.83% | -0.07% |
| eClerx Services Ltd. | 0.84% | 0.91% | +0.07% |
| Escorts Kubota Ltd. | 3.06% | 2.99% | -0.07% |
| 3M India Ltd. | 1.79% | 1.73% | -0.06% |
| LG Electronics India Ltd. | 0.37% | 0.43% | +0.06% |
| Infosys Ltd. | 3.86% | 3.91% | +0.05% |
| Dr. Reddy's Laboratories Ltd. | 2.36% | 2.39% | +0.03% |
| Balkrishna Industries Ltd. | 0.39% | 0.36% | -0.03% |
| Bharat Forge Ltd. | 0.64% | 0.62% | -0.02% |
| Gokaldas Exports Ltd. | 0.74% | 0.72% | -0.02% |
| Schaeffler India Ltd. | 2.37% | 2.35% | -0.02% |
| Syngene International Ltd. | 0.44% | 0.46% | +0.02% |
| United Spirits Ltd. | 2.42% | 2.40% | -0.02% |
| Kaynes Technology India Ltd. | 0.95% | 0.93% | -0.02% |
| Nestle India Ltd. | 7.23% | 7.22% | -0.01% |
| Siemens Energy India Ltd. | 2.14% | 2.15% | +0.01% |
| Sanofi Consumer Healthcare India Ltd. | 0.01% | 0.00% | -0.01% |
| Others | 0.02% | 0.02% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹3,035 Cr | 2.27% | 5.5% | 4.4% | 8.0% |
 SBI MNC Fund | ₹6,718 Cr | 2.03% | 22.3% | 9.1% | 9.4% |
 Aditya Birla Sun Life MNC Fund | ₹3,293 Cr | 2.10% | -5.0% | -0.1% | 5.1% |
 UTI MNC Fund | ₹2,790 Cr | 2.18% | 0.2% | 3.3% | 7.6% |
 ICICI Prudential MNC Fund | ₹1,808 Cr | 2.16% | 3.3% | 5.9% | 9.9% |
 HDFC MNC Fund | ₹566 Cr | 2.90% | 6.9% | 3.8% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks 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.
Fund managers
- Amber SinghaniaMMS Finance (Mumbai University)Prior to joining the Nippon India AMC, he was associated with Asian Markets Securities Pvt. Ltd.
- Dhrumil ShahMr. Shah is B.com and C.APrior to joining Nippon India Mutual Fund, he has worked with Birla Sun Life Insurance as AVP Investments, Equity Fund Management and Research and ASK investment Managers as Portfolio Manager, Equity Fund Management and Research.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months7.78% absolute | ₹60,000 | ₹64,668 | 7.78% | |
| 1 year−0.36% annualised | ₹1,20,000 | ₹1,19,766 | −0.19% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.