MNC mutual funds are thematic funds as they invest in listed multinational companies or stocks with high FII (Foreign Institutional Investor) holdings. The smooth cash flow, high corporate governance, transparency in management and well-managed balance sheets of the MNCs, make MNC fund more interesting. Moreover, they often generate a high dividend for the investors. This mutual fund doesn’t invest in any one sector, making the portfolio of the fund less risky.
ICICI Prudential Long Term Equity Fund: Your best companion for last minute tax saving
Save up to Rs.46,350 + Long Term Wealth Creation INVEST NOWTrusted by more than 25 lakh Indians.
