INVESTMENTS
INTERNATIONAL MUTUAL FUNDS
What is International Mutual Fund?
A mutual fund that allows investors to make investments in businesses outside of their own country is known as an international fund. Investing in foreign businesses may help US residents diversify their portfolio, manage risk, and take advantage of opportunities throughout the world. International funds provide different degrees of risk and return and might include developed and emerging market assets in a range of asset types.
International funds are equity funds that invest in stocks of companies listed outside of India. These funds help you invest in some of the biggest companies in the world.
KEY KNOWLEDGE
Types of International Mutual Funds:
International funds and global funds are not the same, despite the fact that you may think the terms are interchangeable. Global funds make investments in assets everywhere, including in your home nation. Conversely, international funds make investments in assets all across the world, with the exception of the investor's own nation.
Regional funds, as their name implies, make investments in businesses that are based in a particular area of the globe.
Country Funds make investments in assets that are exclusive to a single foreign nation. This enables investors to gain from the economics of a certain nation.
Global Sector Funds concentrate on businesses operating in a certain industry beyond national borders. These funds' main goal is to increase exposure to a specific industry.
Advantages of International Mutual Fund:
The success of the Indian markets as a whole has an impact on your results if you are investing exclusively in Indian companies. The geographic variety of your assets is increased when you include these mutual funds in your portfolio. This offers you the chance to profit from the prosperous economic cycle of a different nation as well.
Numerous analysts claim that the Indian markets have already peaked. Therefore, you may build a portfolio at a reasonable cost by carefully choosing the proper fund.
Factors to be considered before invest in International Mutual Fund:
An investment in these funds has a number of risks. Currency risk is a significant factor. Therefore, the NAV rises if you invest in a foreign fund with a US focus and the rupee depreciates versus the dollar. The reason for this is because you receive more rupees every dollar. Similarly, the NAV decreases if the rupee increases.
The political situation of a country or its economic or social aspects can have a huge impact on the performance of the fund. Hence, you must understand these factors and keep a close eye on the market.
Typically, international mutual funds invest majorly in equity and equity-related instruments of international companies. Since they do not primarily invest in domestic equities, they are not classified as equity funds. Hence, for tax purposes, these funds are treated as debt funds. Therefore, the rules for LTCG and STCG for debt funds apply to these funds too.
Top Performing International Mutual Fund
ICICI Prudential US Bluechip Equity Direct Plan-Growth is a International mutual fund scheme from Icici Prudential Mutual Fund. This fund has been in existence for 10 yrs 11 m, having been launched on 01/01/2013. ICICI Prudential US Bluechip Equity Direct Plan-Growth has ₹2,554 Crores worth of assets under management (AUM) as on 30/09/2023 and is medium-sized fund of its category. The fund has an expense ratio of 1.12%, which is higher than what most other International funds charge.
HOLDING ANALYSIS
EQUITY SECTOR ALLOCATION
FUND RETURNS
| 1Y | 3Y | 5Y | ALL |
|---|---|---|---|
| 16.6% | 12.8% | 15.9% | 16.5% |
Invesco India - Invesco Global Equity Income FoF Direct-Growth is a International mutual fund scheme from Invesco Mutual Fund. This fund has been in existence for 9 yrs 7 m, having been launched on 15/04/2014. Invesco India - Invesco Global Equity Income FoF Direct-Growth has ₹17 Crores worth of assets under management (AUM) as on 30/09/2023 and is medium-sized fund of its category. The fund has an expense ratio of 0.91%, which is close to what most other International funds charge.
HOLDING ANALYSIS
EQUITY SECTOR ALLOCATION
FUND RETURNS
| 1Y | 3Y | 5Y | ALL |
|---|---|---|---|
| 23.7% | 14.3% | 12.8% | 9.3% |
DSP US Flexible Equity Direct Plan-Growth is a International mutual fund scheme from Dsp Mutual Fund. This fund has been in existence for 10 yrs 11 m, having been launched on 01/01/2013. DSP US Flexible Equity Direct Plan-Growth has ₹725 Crores worth of assets under management (AUM) as on 30/09/2023 and is medium-sized fund of its category. The fund has an expense ratio of 1.51%, which is higher than what most other International funds charge.
HOLDING ANALYSIS
EQUITY SECTOR ALLOCATION
DEBT SECTOR ALLOCATION
FUND RETURNS
| 1Y | 3Y | 5Y | ALL |
|---|---|---|---|
| 15.1% | 11.7% | 14.8% | 15.3% |
Sundaram Global Brand Direct-Growth is a International mutual fund scheme from Sundaram Mutual Fund. This fund has been in existence for 10 yrs 11 m, having been launched on 01/01/2013. Sundaram Global Brand Direct-Growth has ₹109 Crores worth of assets under management (AUM) as on 30/09/2023 and is medium-sized fund of its category. The fund has an expense ratio of 1.26%, which is higher than what most other International funds charge.
HOLDING ANALYSIS
EQUITY SECTOR ALLOCATION
DEBT SECTOR ALLOCATION
FUND RETURNS
| 1Y | 3Y | 5Y | ALL |
|---|---|---|---|
| 23.4% | 11.4% | 13.4% | 7.7% |
Nippon India US Equity Opportunities Fund Direct-Growth is a International mutual fund scheme from Nippon India Mutual Fund. This fund has been in existence for 8 yrs 4 m, having been launched on 03/07/2015. Nippon India US Equity Opportunities Fund Direct-Growth has ₹563 Crores worth of assets under management (AUM) as on 30/09/2023 and is medium-sized fund of its category. The fund has an expense ratio of 1.31%, which is higher than what most other International funds charge.
HOLDING ANALYSIS
EQUITY SECTOR ALLOCATION
FUND RETURNS
| 1Y | 3Y | 5Y | ALL |
|---|---|---|---|
| 26.6% | 10.1% | 14.9% | 13.8% |
Invesco India - Invesco Pan European Equity FoF Direct-Growth is a International mutual fund scheme from Invesco Mutual Fund. This fund has been in existence for 9 yrs 10 m, having been launched on 15/01/2014. Invesco India - Invesco Pan European Equity FoF Direct-Growth has ₹33 Crores worth of assets under management (AUM) as on 30/09/2023 and is medium-sized fund of its category. The fund has an expense ratio of 0.61%, which is less than what most other International funds charge.
HOLDING ANALYSIS
EQUITY SECTOR ALLOCATION
DEBT SECTOR ALLOCATION
FUND RETURNS
| 1Y | 3Y | 5Y | ALL |
|---|---|---|---|
| 19.8% | 12.9% | 9.4% | 5.6% |
PGIM India Global Equity Opportunities Fund Direct-Growth is a International mutual fund scheme from Pgim India Mutual Fund. This fund has been in existence for 10 yrs 11 m, having been launched on 01/01/2013. PGIM India Global Equity Opportunities Fund Direct-Growth has ₹1,285 Crores worth of assets under management (AUM) as on 30/09/2023 and is medium-sized fund of its category. The fund has an expense ratio of 1.43%, which is higher than what most other International funds charge.
HOLDING ANALYSIS
EQUITY SECTOR ALLOCATION
DEBT SECTOR ALLOCATION
FUND RETURNS
| 1Y | 3Y | 5Y | ALL |
|---|---|---|---|
| 30.8% | 2.6% | 16.7% | 9.2% |
DSP World Mining Fund Direct Plan-Growth is a International mutual fund scheme from Dsp Mutual Fund. This fund has been in existence for 10 yrs 11 m, having been launched on 01/01/2013. DSP World Mining Fund Direct Plan-Growth has ₹159 Crores worth of assets under management (AUM) as on 30/09/2023 and is medium-sized fund of its category. The fund has an expense ratio of 1.51%, which is higher than what most other International funds charge.
HOLDING ANALYSIS
EQUITY SECTOR ALLOCATION
DEBT SECTOR ALLOCATION
FUND RETURNS
| 1Y | 3Y | 5Y | ALL |
|---|---|---|---|
| -5.8% | 11.6% | 16.4% | 3.8% |
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