Go Global with Kotak MNC Fund NFO: Your Gateway to Multinational Growth

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Did you know 9 out of 10 Indian Households use HUL (Hindustan Unilever Limited) brands? But why should it matter to you? As India becomes a booming consumer market, HUL is among the leading MNCs in India, being 1st to offer 10% of its equity to the Indian public and multiplying its market cap to 7x from 2021 to 2024.

But how can you, as an investor take advantage of the rapid growth of multi-national companies?

Can you imagine a high-growth fund giving you the chance to make stable returns from leading global brands? Yes, leading MNCs like Nestle India Ltd., CRISIL Ltd., Maruti Suzuki India Ltd., etc. will share profits with you. Want to know how? Let's start.

Introducing to you, the new NFO Kotak MNC Fund launched by the 5th largest AMC, Kotak Mutual Fund. The subscription for this scheme starts on 7th October and ends on 21st October 2024.

In this post, you will get to decide whether this is the best NFO in the thematic category.

NFO Kotak MNC Fund Basic Details

Let’s start with an overview of this thematic Mutual Fund.

What is Kotak MNC Fund?

The Kotak MNC Fund is a type of equity thematic fund that invests in the leading Multi-National Companies (MNCs). These are the registered companies of India.

Let's see a list of types of companies that are considered under MNCs:

1. Subsidiaries of Foreign Company: It involves foreign promoters with more than 50% of the shareholding, voting rights and equity capital.
2. JV of Foreign Company: Any Indian company that is a joint venture (JV) with a foreign company. Here the foreign Co will have more than 26% of the shareholding, voting rights and equity capital.
3. Indian Multinational Companies: An Indian company has more than 50% of its turnover, revenue and assets from regions outside India.
4. Trans National Companies: Any company which works in multiple countries and makes more than 50% of revenue from regions other than the parent company.

Where will Kotak MNC Fund Invest?

The Kotak MNC Fund will invest in the following sectors, which are at the forefront of the growing economy:

• Automobile and Auto Components
• Capital Goods
• Construction Materials
• Diversified
• Fast Moving Consumer Goods (FMCG)
• Healthcare
• Information Technology (IT Sector)
• Media, Entertainment & Publication
• Telecommunications
• Textiles

Pro Tip: Try out a simple SIP Calculator tool and get your returns at your fingertips today.

What is the Investment Strategy Used by Kotak MNC Fund?

The Kotak MNC Fund uses suitable top ideas to target high-revenue generating multi-national companies with the help of Kotak Mutual Funds in-house research.

It strives to achieve steady returns by following three different styles of processes:

1. Flexi Market Cap: This means that the fund has the flexibility to buy across all market cap segments.
2. Bottom-Up Stock Selection: It is focused on generating high returns by identifying companies with a BMV approach from a selected sector. BMV means the ability of a company to give good returns over a long period.
3. GARP Method: It is the selection of companies showing growth at a reasonable price.

Who is the Fund Manager of Kotak MNC Fund?

Meet the Masterminds of Kotak MNC Fund, Mr Harsha Upadhaya and Mr Dhananjay Tikariha. Both managers have a solid track record with 25+ years and 17+ years of experience respectively.

On one hand, Mr Upadhaya is the CIO of Equity and debt. His investment philosophy is targeting strong competitive businesses with good value. Moreover, his expertise in working on economic trends will help him make Kotak MNC MF a high-growth fund.

Another managing partner is Mr Tihariha, whose expertise lies in active management. He is well-equipped to manage sector-based funds like telecom, capital goods, industrials, pharmaceuticals and hospitals.

Summary of Kotak MNC Fund Review

In short, for a smart investor like you, Kotak MNC Fund presents a solid chance to make high returns over time. Being a theme-based fund, it offers investment in the leading multi-national companies. They strengthen your portfolios with quality brands with global reach and various R&D capabilities. Just make sure to take the SIP route, as this will help you against the volatile nature of this new fund offer.