What are the top performing Thematic-MNC funds?

Based on 1-year returns, the top performing Thematic-MNC funds are Kotak MNC Fund Direct-Growth with 22.20% return, ICICI Prudential MNC Fund Direct-Growth with 8.10% return, and SBI MNC Direct Plan-Growth with 7.69% return. The category average 1-year return is 8.75%.

Which Thematic-MNC funds have given the best returns over 3 years?

Over a 3-year period, the best performing Thematic-MNC funds are Kotak MNC Fund Direct-Growth with a 13.20% CAGR, ICICI Prudential MNC Fund Direct-Growth with 10.48% CAGR, and SBI MNC Direct Plan-Growth with 9.17% CAGR. The category average 3-year return stands at 8.77% CAGR.

Which Thematic-MNC funds have given the best returns over 5 years?

Over a 5-year period, the top Thematic-MNC funds are Kotak MNC Fund Direct-Growth with a 13.49% CAGR, ICICI Prudential MNC Fund Direct-Growth with 10.24% CAGR, and SBI MNC Direct Plan-Growth with 9.32% CAGR. The category average 5-year return is 9.78% CAGR.

Which are the best Thematic-MNC funds for SIP investment?

Based on average 5-year rolling returns, the best Thematic-MNC funds for SIP are SBI MNC Direct Plan-Growth with 5-year average rolling return of 14.42%, UTI MNC Fund Direct-Growth with 13.39%, and Aditya Birla Sun Life MNC Fund Direct-Growth with 12.32%. You can start a SIP in Thematic-MNC funds with as little as ₹100 per month.

What are the largest Thematic-MNC mutual funds by assets?

The largest Thematic-MNC funds by Assets Under Management (AUM) are SBI MNC Direct Plan-Growth with ₹ 6,290.21 crore, Aditya Birla Sun Life MNC Fund Direct-Growth with ₹ 3,238.11 crore, and UTI MNC Fund Direct-Growth with ₹ 2,715.24 crore. Together, there are 7 Thematic-MNC funds available in India.

What is the minimum amount to invest in Thematic-MNC funds?

You can start investing in Thematic-MNC funds with a minimum SIP of ₹100 per month or a minimum lumpsum of ₹100. The minimum investment varies across fund houses — some funds allow even lower entry points.

How are Thematic-MNC fund returns taxed?

Gains from Thematic-MNC funds held for less than 12 months are taxed at 20% (Short-Term Capital Gains). Gains on units held for 12 months or more are taxed at 12.5% (Long-Term Capital Gains), with ₹1.25 lakh per year being exempt per financial year. Dividends (IDCW) are taxed at your applicable income tax slab rate.

Which Thematic-MNC funds have the lowest expense ratio?

Among Thematic-MNC funds, Kotak MNC Fund Direct-Growth has the lowest expense ratio at 0.88% (Direct Plan), followed by ICICI Prudential MNC Fund Direct-Growth at 1.20%. Lower expense ratios directly improve your net returns over the long term.

How many Thematic-MNC mutual funds are available in India?

There are currently 7 Thematic-MNC mutual funds available in India across different fund houses. You can compare all 7 funds on Sharpely based on returns, risk, AUM, and expense ratio to find the one that suits your investment goals.

mutual funds category

Thematic Mnc

Thematic-MNC Funds

Thematic equity funds invest in stocks linked to a theme. These funds have a broader scope than sectoral funds, as they invest in stocks from various sectors that are linked to a particular theme. MNC thematic funds invest in MNCs from different sectors. As per the SEBI guidelines, a minimum of 80% of the funds will be invested in MNC stocks.

Total Schemes

No. of schemes

Total AUM

₹ 0.17Lakh Cr

As on latest

Category Return (5Y)

9.78 %

CAGR

Benchmark

14.30%

NIFTY 500 TRI

Category Returns (%)

Period	1M	6M	1Y	3Y CAGR	5Y CAGR	10Y CAGR	YTD
Thematic-MNC	2.30 %	7.32 %	8.75 %	8.77 %	9.78 %	11.43 %	5.81 %
Benchmark	0.56 %	7.68 %	12.94 %	14.89 %	14.30 %	14.15 %	7.22 %

Top Thematic-MNC Funds (by AUM)

Fund Name	AUM (₹ Cr)	1Y Return	3Y CAGR	5Y CAGR	Expense Ratio
SBI MNC Direct Plan-GrowthNAV: ₹441.42	6,290.21 Cr	7.69%	7.98%	9.32%	1.38%
Aditya Birla Sun Life MNC Fund Direct-GrowthNAV: ₹1,466.59	3,238.11 Cr	-5.88%	9.17%	6.94%	1.45%
UTI MNC Fund Direct-GrowthNAV: ₹448.43	2,715.24 Cr	2.11%	10.48%	10.24%	1.35%
Kotak MNC Fund Direct-GrowthNAV: ₹12.68	2,180.06 Cr	22.20%	-	-	0.88%
ICICI Prudential MNC Fund Direct-GrowthNAV: ₹33.15	1,756.37 Cr	8.10%	13.20%	13.49%	1.20%
HDFC MNC Fund Direct-GrowthNAV: ₹14.19	540.21 Cr	2.98%	7.86%	-	2.00%
Nippon India MNC Fund Direct-GrowthNAV: ₹10.81	426.14 Cr	-	-	-	1.35%

About Thematic-MNC Funds

What is it?

Objective

The objective of these funds is to generate maximum returns by investing in the stocks of institutions operating in multiple countries.

Suitability and opinion

We believe that concentration risk is high in any thematic funds and the impact of the market cycle can be severe in this category. Though these funds may have higher diversification compared to sectoral funds, this category is suitable for informed investors who are comfortable with high risks as the fund will invest in companies associated with the same theme. These funds are suitable for investors who are bullish on companies operating in multiple countries. So, you should have a solid understanding of the theme before you invest in such funds. If there is a change in government policy affecting the theme, then it will impact the fund returns. Also, entry and exit timings matter in these funds, so we can not define the ideal time horizon for any particular thematic fund. Some themes may play out rapidly and others will take time. You should not allocate more than 10% of your portfolio to any thematic funds.