Best MNC Funds
Indian arms of multinationals — governance and brand strength.
Data updated · 7 direct-growth funds ranked by a transparent 0–100 Smart Score
| ⚖ VS | Fund | Score ↓ | Verdict | 1Y | 3Y | 5Y | Sharpe | Sortino | Std Dev | Alpha | Beta | VR★ | P/E | Expense | AUM | Age |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ICICI Pru MNC ICICI Pru | 79 | Strong Buy | 3.5% | 10.1% | 11.5% | 0.56 | 0.44 | 13.5 | -0.8 | 0.73 | — | — | 1.19% | ₹1.8k Cr | 7.3y | |
| Kotak MNC Kotak | 77 | Buy | 17.8% | — | — | 0.52 | 0.72 | 14.0 | 10.9 | 0.87 | — | 39.9 | 0.87% | ₹2.3k Cr | 1.9y | |
| UTI MNC Gr Dir UTI | 53 | Hold | -2.9% | 8.6% | 8.0% | 0.41 | 0.24 | 14.5 | -2.9 | 0.78 | 4★ | 34.3 | 1.39% | ₹2.8k Cr | 13.7y | |
| SBI MNC SBI | 51 | Hold | 13.3% | 7.3% | 8.3% | 0.31 | 0.09 | 13.6 | -3.3 | 0.66 | 2★ | 43.5 | 1.43% | ₹6.7k Cr | 13.7y | |
| Nippon India MNC Nippon India | 44 | Avoid | -1.1% | — | — | 0.04 | 0.06 | 12.5 | 5.0 | 0.84 | — | 34.0 | 1.32% | ₹435 Cr | 1.2y | |
| HDFC MNC HDFC | 30 | Avoid | 0.5% | 7.3% | — | 0.27 | 0.09 | 16.2 | -5.9 | 0.90 | — | 39.3 | 1.92% | ₹566 Cr | 3.5y | |
| ABSL MNC Gr Dir Aditya Birla Sun Life | 21 | Avoid | -9.0% | 6.2% | 5.5% | 0.26 | -0.03 | 16.0 | -5.4 | 0.84 | — | — | 1.43% | ₹3.3k Cr | 13.7y |
MNC funds — quick answers
›Which is the best MNC mutual fund right now?
ICICI Pru MNC currently ranks #1 of 7 MNC funds with a FundLens Smart Score of 79/100 (Strong Buy). It returned 10.1% over 3 years and 11.5% over 5 years at a 1.19% expense ratio (direct plan). Rankings are recomputed from data updated 20 Sept 2026.
›Which MNC fund has the best risk-adjusted returns?
Kotak MNC leads the category on the Sortino ratio at 0.72 (Sharpe 0.52) — meaning it has delivered the most return per unit of downside risk among MNC funds.
›Which MNC fund has the lowest expense ratio?
Kotak MNC charges 0.87% a year (direct plan) — the lowest in the category. Lower fees compound in your favour over long holding periods.
›Which is the smallest MNC fund by AUM?
Nippon India MNC manages ₹435 Cr, the smallest in the category. Smaller funds can be nimbler, but check track record and costs before treating size alone as an edge.
›How long should I stay invested in a MNC fund?
MNC funds carry high risk, so a horizon of 5+ years is generally sensible. Indian arms of multinationals — governance and brand strength. This is research, not investment advice.
Want these answers conversationally? Ask FundLens · New to the ratios? Sharpe vs Sortino, explained