HDFC MNC Fund
The scheme seeks to provide long-term capital appreciation by investing predominantly in equity and equity related instruments of multinational companies (MNCs).
Growthvine rating: 3/5 — ranked #84 of 186 in category.
Fund basics
| Category | Equity: Thematic |
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| NAV | ₹12.64 (as of 2026-10-23) |
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| AUM | ₹534 Cr |
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| Expense ratio | 2.09% |
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| Riskometer | Very High |
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| Fund manager | Nikhil Mathur |
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| Exit load | 1% for redemption within 1 year |
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Performance & risk
| Sharpe ratio | 0.08 |
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| Standard deviation | 16.54% |
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| Max drawdown | −24.89% |
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| Alpha | -4.89 |
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| Beta | 0.98 |
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Over 5 years, captured 42.9% of NIFTY CPSE's upside and 50.4% of its downside.
Market cap allocation
| Large cap | 53.5% |
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| Mid cap | 25.0% |
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| Small cap | 21.6% |
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Concentration
| Top 5 holdings | 28.5% |
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| Top 10 holdings | 47.2% |
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| Total holdings | 44 |
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Top holdings
- Maruti Suzuki India Ltd. — 8.1%
- Britannia Industries Ltd. — 5.8%
- Hindustan Unilever Ltd. — 5.5%
- Cummins India Ltd. — 4.6%
- Nestle India Ltd. — 4.4%
- United Spirits Limited — 4.4%
- TREPS - Tri-party Repo — 3.9%
- Bosch Ltd — 3.9%
- Torrent Pharmaceuticals Ltd. — 3.9%
- Timken India Ltd — 3.3%
Top sectors
- Pharma & Biotech — 20.2%
- Automobile — 19.2%
- Food Beverage & Tobacco — 14.6%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −6.7% | Q2 | #79 of 167 |
| 2025 | −0.6% | Q3 | #99 of 132 |
| 2024 | 8.5% | Q4 (Bottom) | #82 of 86 |