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List of Best MNC ETFs in India 2026

MNC ETFs in India are increasingly drawing investor interest as a way to capture exposure to multinational corporations listed on domestic exchanges. The Nifty MNC Index, which tracks companies with over 50 % foreign promoter shareholding, has delivered strong performance historically, posting roughly 85–95 % total returns over the past five years according to multiple market data sources.

Top MNC ETFs in 2026

MNC ETF Stock Screener

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NameStocks (2)Sub-SectorSub-SectorMarket CapMarket CapClose PriceClose PricePE RatioPE Ratio1D Return1D Return1M Return1M Return6M Return6M Return1Y Return1Y ReturnPB RatioPB RatioReturn on EquityReturn on EquityROCEROCEDividend YieldDiv YieldDebt to EquityDebt to EquityVolatility vs NiftyVolatility vs Nifty
1.Kotak Nifty MNC ETFMNCEquityEquity8.548.5431.5731.57--0.290.29-0.13-0.137.167.1614.0514.05----------0.970.97
2.Motilal Oswal Nifty MNC ETFMOMNCEquityEquity5.375.3730.7030.70--2.612.61-0.49-0.491.791.791.791.79----------1.321.32

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: Based on publicly available information | Sorted by market capitalisation from highest to lowest.

Overview of Top MNC ETFs in India

Kotak MNC ETF

Kotak MNC ETF tracks the Nifty MNC Index, providing exposure to multinational companies operating in India. The fund invests in equity shares of foreign-origin firms listed on Indian exchanges, offering diversified access to established global brands with Indian operations across various sectors.

Motilal Oswal Nifty MNC ETF

Motilal Oswal Nifty MNC ETF follows the Nifty MNC Index, investing in equity shares of multinational corporations with a significant presence in India. The exchange-traded fund offers exposure to foreign-owned companies listed on dom

What are MNC ETFs?

MNC ETFs are exchange-traded funds that track indices made up of multinational corporations operating in India. These companies typically have foreign promoter shareholding above 50 % and follow global standards in governance, technology, and product quality. An MNC ETF replicates its underlying index, such as the Nifty MNC Index, by holding the same set of constituent stocks in the same proportion. This structure allows investors to follow the performance of well-established global parent–backed companies through a single, exchange-listed fund without selecting individual stocks.

How to Invest in MNC ETFs?

Here's how you can invest in MNC ETFs using Tickertape -

  1. Create an account on the Tickertape or log in if you already have one.
  2. Open Tickertape Stock Screener
  3. Filter MNC ETFs screener based on various parameters such as market cap, close price, past returns and more. You can review this data to evaluate each ETF’s performance trends and determine whether they align with your investment thesis.
  4. Once you’ve decided on an ETF, you can place a buy order through your brokerage account linked to Tickertape.

You can also stay updated on alerts and announcements for your favourite stocks with Tickertape Alerts. Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out detailed analysis of your portfolio now!

Features of MNC ETFs in India

Multinational Company Exposure

MNC ETFs in India put your money into equity shares of foreign companies that run operations here. These funds track indices that include multinational corporations listed on Indian exchanges. You get access to globally recognised brands that have set up shop in India—think FMCG giants, pharmaceutical firms, technology companies, and automobile manufacturers.

Exchange-Traded Liquidity

MNC ETF India products trade on NSE and BSE during regular market hours. You can buy or sell units at real-time prices any time during the trading day, just like you trade individual stocks. This gives you the flexibility to jump in or out based on how the market moves.

Transparent Portfolio Holdings

MNC ETFs show you their holdings on a regular basis. You can see exactly which multinational companies your money goes into. The sectoral breakdown, top holdings, and each company's weightage—it's all there. This clarity helps you understand what's actually driving your fund's performance.

Passive Management Structure

Most MNC ETFs take a passive investment approach. They track a specific index like the Nifty MNC Index. The fund manager copies the index composition instead of actively picking stocks. This approach typically brings down management fees and expense ratios.

Advantages of Investing in MNC ETFs in India

Established Company Access

MNC ETFs give you exposure to well-established multinational corporations. These companies come with proven business models and global track records. They bring international management practices to India, along with technological expertise and strong brand recognition that the market already trusts.

Portfolio Diversification

Adding MNC ETFs to your investment portfolio brings in companies that work differently than purely domestic firms. These multinationals often pull revenue from global markets. Their risk profiles differ from those of Indian companies. This can add useful diversification if your portfolio leans heavily towards Indian companies.

Quality and Governance Standards

Multinational companies typically follow international corporate governance standards and reporting practices. Many MNC ETFs hold firms that need to meet strict compliance requirements from their parent jurisdictions. They follow these alongside Indian regulations, giving you a double layer of oversight.

Sectoral Balance

MNC ETFs often give you exposure to sectors where multinational companies dominate in India. Consumer goods, healthcare, technology, and automotive sectors see strong MNC presence. This creates a different sectoral mix compared to what you'd find in broader market indices.

Tax Efficiency

MNC ETFs that invest in equity shares count as equity-oriented funds for tax purposes. Your long-term capital gains above ₹1.25 lakh get taxed at 12.5%. Short-term gains face 20% tax. This matches the treatment other equity investments get in India.

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Risks of Investing in MNC ETFs in India

Parent Company Dependency

MNC subsidiaries listed in India often lean on their global parent companies for big decisions. Strategic choices, technology transfers, capital allocation—these come from the parent. When the parent company changes strategy, faces financial trouble, or shifts global priorities, the Indian operations feel the impact.

Currency Translation Impact

Multinational companies that run significant import-export operations or handle foreign currency transactions face currency risks. The rupee moves against major currencies like the dollar or euro. These movements can hit profitability hard, even when the company's operational performance stays solid.

Regulatory and Policy Risks

MNC ETFs face exposure to regulatory changes that target foreign companies operating in India. Policy shifts happen in areas like FDI norms, transfer pricing regulations, taxation of foreign entities, or sector-specific rules. These changes often hit MNC companies differently than they hit domestic firms.

Limited Sectoral Diversity

MNC presence in India bunches up in certain sectors—FMCG, pharmaceuticals, automobiles, and technology dominate. This sectoral concentration means MNC ETFs won't give you exposure to all areas of the economy. Domestic companies often rule the sectors where MNCs haven't built a strong presence.

Tracking Error

MNC ETFs don't perfectly copy their underlying index. Transaction costs, rebalancing timing, corporate actions, and fund expenses all create gaps. This leads to a performance difference between the ETF and its benchmark index.

Market Volatility Exposure

MNC ETF share prices move with the market forces that affect the constituent companies. Broader market corrections happen. Sectoral downturns hit. Company-specific issues crop up. All of these can cause significant short-term swings in the fund's net asset value.

Factors to Consider Before Investing in MNC ETFs

Investment Time Horizon

MNC ETFs work as equity investments that experience market cycles and volatility. The time period an investor plans to stay invested affects how these short-term fluctuations might impact overall returns and whether the investment aligns with financial goals.

Underlying Index Composition

Different MNC ETFs track different indices with varying methodologies. The index determines which companies get included, their weightage, rebalancing frequency, and sectoral distribution. This composition directly influences the fund's risk and return characteristics.

Expense Ratio and Transaction Costs

The total expense ratio covers fund management fees and operational costs, which reduce overall returns over time. Transaction costs, including brokerage charges, securities transaction tax, and bid-ask spreads, also affect the actual returns an investor realises.

Liquidity and Trading Volume

Daily trading volumes and the average bid-ask spread determine how easily investors can buy or sell units at desired prices. Lower liquidity can result in higher transaction costs and difficulty executing large orders without price impact.

Existing Portfolio Allocation

The proportion of MNC ETFs in an overall portfolio depends on current holdings in domestic equities, other ETFs, and different asset classes. This existing allocation influences whether adding MNC exposure provides meaningful diversification or creates concentration.

Domestic vs Global Revenue Mix

MNC companies in India vary in how much revenue comes from Indian operations versus exports or global subsidiaries. This revenue mix affects how the companies respond to Indian economic conditions versus global economic trends and currency movements.

Taxation on MNC ETFs

MNC ETFs follow capital gains taxation based on the investment horizon. Different tax rates apply to short-term and long-term gains.

Holding Period Tax Treatment
Short-Term (< 12 months ) Gains taxed at a flat rate of 20% (increased from the previous 15%).
Long-Term (> 12 months) Gains taxed at 12.5%. Exemption applies to the first ₹1.25 Lakh of long-term gains across all equity assets in a financial year.

Conclusion

MNC ETFs offer a straightforward way to follow the performance of multinational corporations listed in India. Their steady long-term returns and stable fundamentals reflect the broader appeal of global parent–backed companies in the domestic market. If you want to explore MNC-linked stocks, sectors, or themes in more detail, the Tickertape Stock Screener helps you filter and compare companies using clear, data-driven metrics for deeper research.

Frequently Asked Questions on MNC ETFs

  1. What is an MNC ETF?

    An MNC ETF is an exchange-traded fund that invests in equity shares of multinational companies operating in India. These funds typically track an index comprising foreign-origin firms listed on Indian stock exchanges, providing exposure to established global brands with Indian operations across various sectors.

  2. Which MNC ETF is the best?

    As of 15th January 2026, some of the best MNC ETFs in India, according to market cap include:
    1. Kotak MNC ETF
    2. Motilal Oswal Nifty MNC ETF

    Disclaimer: The above Nifty MNC ETF list is for educational purposes only and should not be considered investment advice.

  3. Which companies are included in MNC ETFs?

    MNC ETFs include foreign-origin companies with Indian listings such as Hindustan Unilever, Nestlé India, Siemens, ABB India, Bosch, Colgate-Palmolive, Procter & Gamble, GSK Pharma, and others. The specific companies depend on which index the ETF tracks and the index methodology. Disclaimer: This response is informational and not recommendatory. Please consult a SEBI-registered advisor or conduct independent research before making any decisions.

  4. What is the Nifty MNC Index?

    The Nifty MNC Index tracks the performance of multinational companies listed on the National Stock Exchange. The index includes companies where foreign shareholding (direct and indirect) exceeds 50%, representing various sectors where MNCs have a significant presence in India.

  5. How do MNC ETFs differ from regular equity ETFs?

    MNC ETFs specifically invest in foreign-origin companies operating in India, whilst regular equity ETFs may track broader market indices with predominantly Indian companies. MNC ETFs offer exposure to global brands with different business models, governance standards, and revenue sources compared to domestic firms.

  6. Are MNC mutual funds the same as MNC ETFs?

    MNC mutual funds and MNC ETFs both invest in multinational companies, but they differ in structure. ETFs trade on exchanges like stocks with real-time pricing, whilst mutual funds transact at end-of-day NAV. MNC mutual funds may be actively managed, whereas most MNC ETFs passively track an index.

  7. What sectors do MNC ETFs invest in?

    MNC ETFs typically invest across sectors where multinational companies have strong presence in India, including fast-moving consumer goods (FMCG), pharmaceuticals, healthcare, automobiles, technology, industrial manufacturing, and chemicals. The sectoral allocation depends on the underlying index composition. Disclaimer: This response is informational and not recommendatory. Please consult a SEBI-registered advisor or conduct independent research before making any decisions.

  8. Can NRIs invest in MNC ETFs in India?

    Yes, Non-Resident Indians can invest in MNC ETFs listed on Indian exchanges through their NRO or NRE demat and trading accounts. NRIs must comply with FEMA regulations and RBI guidelines regarding repatriation of funds and investment limits applicable to portfolio investment schemes.

  9. How to sell MNC ETFs?

    MNC ETFs can be sold through your demat account by placing a sell order during trading hours. The transaction executes at market price and settles as per exchange timelines.