Indian Market Is Falling While the Global Market Is Stable. Is It Time for MNC Fund?

The global equity market has been performing quite well than the Indian market in the recent months. The last quarter of 2018 was a major blow for the Indian equity market. The fall in the equity market can still be witnessed until the 2nd month of 2019 due to which majority of the equities and equity mutual funds have been unable to perform well. The condition of the global stock exchanges was quite different. In such a situation, top performing MNC Funds like Aditya Birla Sun Life MNC Fund has performed well by limiting the drawdown as it can balance out the equity market volatility of different countries. 

Why Is ABSL MNC Fund a Good Choice?

The fund invests in multinational companies which have their businesses in more than one country. The performance of the fund largely depends upon the Indian market conditions but the trends of countries, in the which the companies chosen by the fund manager are present, can also affect the performance of Birla Sun Life MNC Fund. It has provided much better results than the majority of the other equity funds in India in the negative market conditions while in the positive market, it has done equally well. However, short term fluctuations must not be considered for an equity scheme because, in the long term, a scheme like ABSL MNC Fund is bound to deliver remarkable returns. The experts at MySIPonline consider this scheme as the best among the category and a must to have in the portfolio for long-term goals. The performance of an MNC mutual fund depends on Indian as well as international market conditions. 

Basic Details of ABSL MNC Fund

The fund was incorporated in 1994 to achieve long-term capital growth at moderate risk through equities of multinational companies. It has been a consistent performer which has performed well regardless of the market conditions. This MNC - thematic fund has always focused on the mid-caps with higher allocation. The large and small-cap MNC firms have also been included in the portfolio with decent allocation. It has a moderate risk factor due to the widely spread portfolio. The risk to reward ratio is also in a good shape. 

Is it the Right Time to Invest?

The fund aims for long term capital appreciation and a SIP can be started at any moment for the long term. Due to the recent downfall in the equity market, those who want to reduce the risk in the portfolio can switch towards ABSL MNC Fund because the global market is performing much better than the Indian equities. The fund is suitable for investors who seek long term capital gains from multinational companies. 

The thematic funds are generally recommended to the experienced investors due to their specific portfolio but Aditya Birla Sun Life can also be chosen by the new investors also due to its fundamentally sound investment strategy and superior track record. For assistance regarding mutual fund investments, reach out for the financial experts at MySIPonline.