Name	Sector	Instruments	Assets
United Spirits Ltd.	Consumer Staples	Equity	8.19%
Escorts Kubota Ltd.	Automobile	Equity	7.21%
Nestle India Ltd.	Consumer Staples	Equity	6.98%
Ambuja Cements Ltd.	Construction	Equity	6.81%
Fortis Healthcare Ltd.	Healthcare	Equity	6.45%
Britannia Industries Ltd.	Consumer Staples	Equity	6.42%
Lupin Ltd.	Healthcare	Equity	6.37%
Maruti Suzuki India Ltd.	Automobile	Equity	5.24%
Hindustan Unilever Ltd.	Consumer Staples	Equity	4.54%
Bosch Ltd.	Automobile	Equity	3.77%
Timken India Ltd.	Capital Goods	Equity	3.42%
Anthem Biosciences Ltd.	Healthcare	Equity	3.32%
Ashok Leyland Ltd.	Automobile	Equity	2.46%
Cummins India Ltd.	Capital Goods	Equity	2.35%
Hyundai Motor India Ltd.	Automobile	Equity	2.34%
Pfizer Ltd.	Healthcare	Equity	2.25%
Piramal Pharma Ltd.	Healthcare	Equity	2.14%
Balkrishna Industries Ltd.	Automobile	Equity	2.00%
Vedanta Ltd.	Metals & Mining	Equity	1.70%
Grindwell Norton Ltd.	Metals & Mining	Equity	1.56%
RHI Magnesita India Ltd.	Construction	Equity	1.45%
SKF India (Industrial) Ltd.	Capital Goods	Equity	1.40%
SRF Ltd.	Chemicals	Equity	1.28%
Aadhar Housing Finance Ltd	Financial	Equity	1.16%
Tata Motors Ltd.	Automobile	Equity	1.11%
Abbott India Ltd.	Healthcare	Equity	1.05%
SKF India Ltd.	Capital Goods	Equity	0.99%
ABB India Ltd.	Capital Goods	Equity	0.81%
Goodyear India Ltd.	Automobile	Equity	0.77%
JNK India Ltd.	Capital Goods	Equity	0.69%
Laurus Labs Ltd.	Healthcare	Equity	0.62%
Westlife Foodworld Ltd.	Services	Equity	0.61%
Tata Motors Passenger Vehicles Ltd.	Automobile	Equity	0.51%
Schaeffler India Ltd.	Capital Goods	Equity	0.34%
Siemens Energy India Ltd.	Energy	Equity	0.29%
Whirlpool Of India Ltd.	Consumer Discretionary	Equity	0.23%

See All

Minimum investments

Min. for 1st investment

₹100

Min. for 2nd investment

₹100

Min. for SIP

₹100

Returns and rankings

Annualised returns

Absolute returns

Name	3M	6M	1Y	All
Fund returns	+0.8%	+4.1%	+0.2%	+41.5%
Category average (Equity Thematic)	--	--	+2.4%	--
Rank (Equity Thematic)	5	2	3	--

Exit load, stamp duty and tax

Exit load

Exit load of 1%, if redeemed within 1 year.

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.

Check past data

Fund management

RB
Rahul Baijal
Feb 2023 - Present
View details

Education

Mr. Baijal has done PGDM(MBA) from IIM Calcutta and is an engineering graduate of Delhi college of Engineering

Experience

Prior to joining HDFC Mutual Fund, he has worked with Sundaram Mutual Fund, Bharti AXA Life Insurance, TVF Capital, HSBC Securities, Credit Suisse Securities & Standard Chartered Bank.

Also manages these schemes

HDFC Business Cycle Fund Direct Growth

HDFC Large Cap Fund Direct Growth

HDFC MNC Fund Direct Growth

HDFC Defence Fund Direct Growth

DM
Dhruv Muchhal
Jun 2023 - Present
View details

Education

Mr. Dhruv has done B.Com, CA and CFA

Experience

Prior to joining HDFC MF,he has worked with Motilal Oswal Financial Services Ltd., Goldman Sachs, CRISIL Global Research & Analytics and Deloitte Haskins & Sells

Also manages these schemes

HDFC Non Cyclical Consumer Fund Direct Growth

HDFC Medium Term Debt Fund Direct Growth

HDFC Dynamic Debt Fund Direct Plan Growth

HDFC Ultra Short Term Fund Direct Growth

HDFC Income Fund Direct Growth

HDFC Hybrid Equity Fund Direct Plan Growth

HDFC ELSS Tax Saver Fund Direct Plan Growth

HDFC Children's Fund Direct Plan

HDFC Diversified Equity All Cap Active FoF Direct Growth

HDFC Innovation Fund Direct Growth

HDFC Business Cycle Fund Direct Growth

HDFC MNC Fund Direct Growth

HDFC Transportation and Logistics Fund Direct Growth

HDFC Liquid Direct Plan Growth

HDFC Retirement Savings Fund Equity Plan Direct Growth

HDFC Banking & Financial Services Fund Direct Growth

HDFC Money Market Fund Direct Growth

HDFC Equity Savings Direct Plan Growth

HDFC Focused Fund Direct Growth

HDFC Technology Fund Direct Growth

HDFC Banking and PSU Debt Fund Direct Growth

HDFC Value Fund Direct Plan Growth

HDFC Low Duration Fund Direct Growth

HDFC Hybrid Debt Fund Direct Growth

HDFC Overnight Fund Direct Growth

HDFC Pharma And Healthcare Fund Direct Growth

HDFC Credit Risk Debt Fund Direct Growth

HDFC Arbitrage Direct Plan Growth

HDFC Small Cap Fund Direct Growth

HDFC Multi Cap Fund Direct Growth

HDFC Long Duration Debt Fund Direct Growth

HDFC Mid Cap Fund Direct Growth

HDFC Corporate Bond Fund Direct Plan Growth

HDFC Retirement Savings Fund Hybrid Debt Plan Direct Growth

HDFC Retirement Savings Fund Hybrid Equity Plan Direct Growth

HDFC Housing Opportunities Fund Direct Growth

HDFC Infrastructure Fund Direct Growth

HDFC Large and Mid Cap Fund Direct Growth

HDFC Balanced Advantage Fund Direct Growth

HDFC Flexi Cap Direct Plan Growth

HDFC Arbitrage Fund Wholesale Direct Growth

HDFC Large Cap Fund Direct Growth

HDFC Floating Rate Debt Fund Direct Plan Growth

HDFC Short Term Debt Fund Direct Plan Growth

HDFC Manufacturing Fund Direct Growth

HDFC Defence Fund Direct Growth

HDFC Multi Asset Allocation Fund Direct Growth

About HDFC MNC Fund Direct Growth

HDFC MNC Fund Direct Growth is a Equity Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 10 Dec 1999. Rahul Baijal is the Current Fund Manager of HDFC MNC Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹9,39,182 Cr and the Latest NAV as of 08 Jan 2026 is ₹14.06. The HDFC MNC Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. Exit load of 1%, if redeemed within 1 year. ;

Investment Objective

The scheme seeks to provide long-term capital appreciation by investing predominantly in equity and equity related instruments of multinational companies (MNCs).

Fund benchmarkNIFTY MNC Total Return Index

Scheme Information Document(SID)