If you want to invest in any new and innovative themed scheme of mutual fund, then you have a good chance. Kotak Mahindra Asset Management Company Limited has launched its new fund offering (NFO) based on the Multinational Company (MNC) theme. The new scheme launched in the name of Kotak MNC Fund is an open-ended equity scheme.
Through this fund, investors will get exposure to multinational companies with global reach. The portfolio will consist of stocks of strong multinational companies from different sectors and different market caps, which will also provide diversification benefits. Kotak MNC Fund has opened for subscription from today. This can be invested till October 21.
Multinational companies, with their global presence, strong brands and research and development capabilities, often have some advantages over domestic companies.
Kotak MNC Fund focuses on investing in multinational companies known for their strong global brand presence, advanced operations, profits driven by advanced technology, strong management quality and financial strength.
These companies are present in various sectors and have significant international business exposure. Kotak MNC Fund's objective is to achieve high long-term returns by investing in equity and equity-related securities of multinational companies.
The fund has the facility to invest in various market cap companies i.e. largecap, midcap and smallcap companies.
The fund offers investors a diversified portfolio that takes advantage of the long-term growth potential of these well-established global companies. That is, investors benefit from the growth of multinational companies.
Investing in MNC funds provides portfolio diversification, which reduces risk and volatility. This can be especially beneficial during periods of market uncertainty.
Note: Do not invest in stock market without knowledge. Before investing in any shares you should talk to your financial advisor once. If you do not do so, you may suffer financial loss.
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