With so many international mutual funds to choose from, finding the one that’s right for you can be difficult! In this article, we will go over the best international mutual funds in India that receive international investment and how they can help you take your investments global.
What is an International Mutual Fund?
An international mutual fund is a type of mutual fund that invests in securities from other countries. These funds are often offered by large financial institutions, such as investment banks or brokerage firms. They have been growing in popularity in recent years because they offer an easy way for investors to access foreign markets.
International mutual funds are usually divided into three categories: global, regional and country. Global funds invest primarily in stocks and bonds from around the world, while regional funds focus on specific regions, such as Europe, Asia or the Americas. Country funds are designed to track specific countries or regions.
The main advantage of international mutual funds is their diversification across many different markets. This makes them a good option for investors who want to gain exposure to a wide range of assets without having to worry too much about the underlying risks.
The Best International Mutual Funds in India
When it comes to international mutual funds, there are many choices for investors. But which ones should you invest in? Here are the best international mutual funds to invest in India.
1. PGIM India Global Equity Opportunities Fund
This mutual fund that invests in stocks from around the world. The fund has a five-year track record of outperforming its benchmark, the MSCI EAFE Index. PGIM India Global Equity Opportunities Fund offers investors global exposure without having to worry about language barriers or cultural differences. The fund’s portfolio consists of stocks from countries such as the United States, Japan, China, and Germany. PGIM India Global Equity Opportunities Fund also invests in companies with a strong balance sheet and good prospects for growth.
2. HSBC Global Asset Management (SABL)
HSBC Global Asset Management is one of the world’s largest investment management companies with over $2 trillion in assets under management as of September 30, 2017. The fund offers a broad range of products, including equity and fixed income mutual funds, and individual managed accounts. SABL is an excellent choice for investors looking for a balanced portfolio with global exposure.
3. Franklin Templeton Investments India Fund (FTIIX)
Franklin Templeton Investments India Fund is an open-end fund that invests in equities and investments related to India’s economy and market. The fund has been ranked among the top 10 performing global equity funds for the past five years. FTIIX is a good option for investors who want to gain exposure to the growth potential of India’s economy.
4. Oppenheimer Funds India (ODPIX)
Oppenheimer Funds India is a mutual fund company that offers equity, debt, and hybrid funds to Indian investors. The company has over $15 billion in assets under management (AUM), making it one of the largest mutual fund companies in India. Oppenheimer funds are available in both individual and institutional accounts. The company’s equity funds offer exposure to a wide range of Indian companies, while its debt funds offer high-yielding investment opportunities.
5. Motilal Oswal Nasdaq Fund
This mutual fund is managed by Motilal Oswal Asset Management Ltd., one of the leading mutual fund management companies in India.The fund offers a diversified mix of investments in both Indian and foreign stocks. This allows you to invest in a wide range of industries and countries.In addition, the fund is also available as a direct-growth option. This means that it invests mainly in companies that are expected to grow rapidly over the next three years.