Investments in overseas firms, such as Samsung, Google, Barclay’s & Jp Morgan, Fiat, Genentech, etc, are all made through international funds. One won’t be dealing with the time taking and difficult job of choosing specific overseas equities if you use international equity funds. Through investment in various shares from select established economies, international funds offer investors far more diversity. With the fund’s worldwide assets portfolio, a financial adviser can accomplish that for you. That isn’t all, though. It’s as simple as buying in some other mutual fund to put money into an overseas fund. Other advantages of international funds include the fact that you do not require a brokerage account and that historical returns of about 16-20 percent have been achieved with such a modest minimum investment amount. So the following are some of the best International mutual funds currently.
Edelweiss China Equity Offshore Fund
It is indeed a fund of funds that invests in other funds. When it comes to investing, an (FoF) is a fund that engages in other companies, such as mutual funds, exchange-traded funds, and private equity funds. FoF collects money from investors and puts it into a pool that is then publicly listed by a managing partner. The fund is primarily engaged in JPMorgan Funds – Greater China Funds, which also maintains a portfolio of firms with operations in or revenue generated in China, Hong Kong, and Taiwan. This fund’s existing AUM is around Rs. 1300 crores and it has generated an annualized return of 26.3 percent over the last five years.
World Mining Fund managed by DSP BlackRock
The Scheme’s principal investment goal is to gain investment returns by buying shares in BlackRock Global Funds – World Mining Mutual fund. The Program may engage in shares of other identical foreign mutual fund schemes only at disposal of the Investment Advisor, which might make up a considerable portion of its capital. For liquidity purposes, the Plan could invest a part of its assets in stocks and bonds and money market/liquid strategies of DSP BlackRock International Mutual Fund
The Principal Global Opportunities Fund
The investing strategy of the Plan is to offer long-term monetary benefits by investing largely in foreign asset classes and a part of its assets in Stocks And Bonds or shares of the Principal Mutual Fund’s Money Market or the Liquid Schemes. This scheme’s goal is to build an elevated portfolio of international equities and equity-related securities. It will look for eligible equities that can deliver long-term investment returns from the list of authorized shares.
Equity Fund of PGIM India
It is indeed a global equity fund managed by PGIM India Mutual Fund, and it’s part of the Equity category of funds. In 2013, Alok Agarwal created the program, and it has an AUM of around 6500 crores and is managed by him. The program intends to produce long-term investment growth by participating largely in units of foreign mutual funds that focus on the expected expansion of the agricultural and/or related/allied industries.