MNC funds volatility suit investors looking for steady compounder

A quality-oriented flexi- or volatility multi-cap can play a similar role in your equity portfolio

While volitility multinational corporation funds or MNC funds have been around for several years, HDFC Mutual Fund’s recent new fund offer has brought the spotlight back to this thematic category. While the category, on average, has beaten the Nifty50 Total Return Index over the 10-year period, it has lagged behind over shorter horizons.