MNC Funds or mutual fund schemes that invest mostly in multinational companies are gaining currency these days. MNCs are always bankable, especially in the current bleak economic scenario due to the pandemic. These companies were also in the news as they were doling out handsome dividends last one month. Reflecting the positive sentiment, the MNC mutual funds have been offering good returns. In the last three months, the MNC fund category has posed 16.22% returns. These schemes have given 2.23% in the last one year, 3.25% in three years and 4.69% in five years.
Where do HNIs in India prefer to invest these days?
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