fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
fincash number+91-22-48913909
8 Best Performing Global Mutual Funds to Invest In 2024 | fincash.com

Fincash » Mutual Funds » Best Global Funds

8 Best Performing Global Mutual Funds 2024

Updated on May 15, 2024 , 79648 views

Nowadays, many investors look to diversify their investment Portfolio across geographical boundaries. Such investors invest in global funds! Global funds are a type of Mutual Funds that invest across countries, including the U.S. These funds primarily invest in companies, which are spread across the world. As the name refers, the fund is global in its approach. It aims to diversify holdings in different parts of the world. The only essential part of this fund is that it should include investments in the country of the investor too.

global-funds

Global funds have opened a window for Indian investors to international asset markets and has facilitated diversification. So, it becomes equally important to look at the top performing global funds in India along with other important features of these funds.

Global Investments— Global Funds

Investing in Global Mutual Funds can be a smart move. They give a diverse opportunity to domestic investors in the International markets. Though the investment is done locally through a domestic AMC, it gives an exposure to some of the biggest companies around the world. One of the important benefits of investing in this fund is that your investment is just not concentrated to one country, it is diversified across various markets to earn benefits from International trade developments.

Investing in these funds requires in-depth knowledge of the markets around the world. One needs to be constantly aware of the current political-economic scenario. Moreover, one may have to make a conscious effort to understand and keep a track of Economics in a foreign Market.

Investors can make a good profit by investing in multiple markets through global funds, however, one should not avoid the risk that comes along. The actual risk might vary depending on international conditions, politics, etc. A negative political scenario can harm the financial atmosphere of the particular region. Global funds can also be impacted by both man-made atrocities and natural calamities like earthquakes, tsunamis, riots and war-like situations.

Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

The time period for a global fund is typically more, which means that this fund is suitable for investors looking at long-term gains.

Top 8 Best Global Mutual Funds FY 24 - 25

FundNAVNet Assets (Cr)Min SIP Investment3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)Since launch (%)2023 (%)
Franklin India Feeder - Franklin U S Opportunities Fund Growth ₹64.6898
↓ -0.30
₹3,616 500 4.421.5409.215.416.437.9
Nippon India US Equity Opportunites Fund Growth ₹30.9825
↓ -0.13
₹699 100 4.217.734.29.21513.732.4
DSP BlackRock US Flexible Equity Fund Growth ₹53.8734
↑ 0.45
₹889 500 5.717.824.611.216.915.422
ICICI Prudential US Bluechip Equity Fund Growth ₹59.75
↓ -0.10
₹3,192 100 51724.311.41716.330.6
Sundaram Global Advantage Fund Growth ₹30.4371
↓ -0.04
₹119 100 2.710.9218.213.16.930.1
Edelweiss Europe Dynamic Equity Off-shore Fund Growth ₹19.5165
↑ 0.07
₹84 1,000 11.519.918.98.912.86.717.3
Kotak Global Emerging Market Fund Growth ₹22.706
↑ 0.14
₹94 1,000 6.411.818.10.18.35.110.8
DSP BlackRock Global Allocation Fund Growth ₹19.4983
↑ 0.12
₹59 500 4.912154.69.87.112.8
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 16 May 24
*List of Funds based on Assets >= 50 Crore & Sorted based on 1 Year Return

1. Franklin India Feeder - Franklin U S Opportunities Fund

The Fund seeks to provide capital appreciation by investing predominantly in units of Franklin U. S. Opportunities Fund, an overseas Franklin Templeton mutual fund, which primarily invests in securities in the United States of America.

Franklin India Feeder - Franklin U S Opportunities Fund is a Equity - Global fund was launched on 6 Feb 12. It is a fund with High risk and has given a CAGR/Annualized return of 16.4% since its launch.  Ranked 6 in Global category.  Return for 2023 was 37.9% , 2022 was -30.3% and 2021 was 17.9% .

Below is the key information for Franklin India Feeder - Franklin U S Opportunities Fund

Franklin India Feeder - Franklin U S Opportunities Fund
Growth
Launch Date 6 Feb 12
NAV (16 May 24) ₹64.6898 ↓ -0.30   (-0.46 %)
Net Assets (Cr) ₹3,616 on 31 Mar 24
Category Equity - Global
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk High
Expense Ratio 1.54
Sharpe Ratio 1.76
Information Ratio -1.47
Alpha Ratio -2.12
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-3 Years (1%),3 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Apr 19₹10,000
30 Apr 20₹11,556
30 Apr 21₹16,750
30 Apr 22₹14,223
30 Apr 23₹14,364
30 Apr 24₹19,188

Franklin India Feeder - Franklin U S Opportunities Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹447,579.
Net Profit of ₹147,579
Invest Now

Returns for Franklin India Feeder - Franklin U S Opportunities Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 May 24

DurationReturns
1 Month 3.4%
3 Month 4.4%
6 Month 21.5%
1 Year 40%
3 Year 9.2%
5 Year 15.4%
10 Year
15 Year
Since launch 16.4%
Historical performance (Yearly) on absolute basis
YearReturns
2023 37.9%
2022 -30.3%
2021 17.9%
2020 45.2%
2019 34.2%
2018 6.5%
2017 18.1%
2016 -0.8%
2015 8.8%
2014 8.4%
Fund Manager information for Franklin India Feeder - Franklin U S Opportunities Fund
NameSinceTenure
Sandeep Manam18 Oct 212.45 Yr.

Data below for Franklin India Feeder - Franklin U S Opportunities Fund as on 31 Mar 24

Equity Sector Allocation
SectorValue
Technology42%
Health Care11.43%
Consumer Cyclical11%
Communication Services10.75%
Financial Services7.09%
Industrials5.6%
Consumer Defensive3.77%
Basic Materials2.22%
Real Estate0.8%
Asset Allocation
Asset ClassValue
Cash1.52%
Equity96.67%
Other0.88%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Franklin US Opportunities I(acc)USD
Investment Fund | -
99%₹3,584 Cr4,951,736
↓ -37,557
Call, Cash & Other Assets
CBLO | -
1%₹32 Cr

2. Nippon India US Equity Opportunites Fund

The primary investment objective of Reliance US Equity Opportunities Fund is to provide long term capital appreciation to investors by primarily investing in equity and equity related securities of companies listed on recognized stock exchanges in the US and the secondary objective is to generate consistent returns by investing in debt and money market securities in India. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

Nippon India US Equity Opportunites Fund is a Equity - Global fund was launched on 23 Jul 15. It is a fund with High risk and has given a CAGR/Annualized return of 13.7% since its launch.  Return for 2023 was 32.4% , 2022 was -19% and 2021 was 22.2% .

Below is the key information for Nippon India US Equity Opportunites Fund

Nippon India US Equity Opportunites Fund
Growth
Launch Date 23 Jul 15
NAV (16 May 24) ₹30.9825 ↓ -0.13   (-0.41 %)
Net Assets (Cr) ₹699 on 31 Mar 24
Category Equity - Global
AMC Nippon Life Asset Management Ltd.
Rating Not Rated
Risk High
Expense Ratio 2.49
Sharpe Ratio 2.03
Information Ratio -1.32
Alpha Ratio 4.88
Min Investment 5,000
Min SIP Investment 100
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Apr 19₹10,000
30 Apr 20₹10,994
30 Apr 21₹15,903
30 Apr 22₹14,335
30 Apr 23₹14,759
30 Apr 24₹19,109

Nippon India US Equity Opportunites Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹447,579.
Net Profit of ₹147,579
Invest Now

Returns for Nippon India US Equity Opportunites Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 May 24

DurationReturns
1 Month 2.7%
3 Month 4.2%
6 Month 17.7%
1 Year 34.2%
3 Year 9.2%
5 Year 15%
10 Year
15 Year
Since launch 13.7%
Historical performance (Yearly) on absolute basis
YearReturns
2023 32.4%
2022 -19%
2021 22.2%
2020 22.4%
2019 31.8%
2018 7.7%
2017 16.9%
2016 8.2%
2015
2014
Fund Manager information for Nippon India US Equity Opportunites Fund
NameSinceTenure
Kinjal Desai25 May 185.86 Yr.

Data below for Nippon India US Equity Opportunites Fund as on 31 Mar 24

Equity Sector Allocation
SectorValue
Technology24.48%
Health Care19.12%
Consumer Cyclical17.71%
Communication Services17.15%
Financial Services14.26%
Basic Materials3.51%
Asset Allocation
Asset ClassValue
Cash3.78%
Equity96.22%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Microsoft Corp (Technology)
Equity, Since 30 Nov 18 | MSFT
8%₹54 Cr15,303
Alphabet Inc Class A (Communication Services)
Equity, Since 31 Jul 15 | GOOGL
7%₹51 Cr40,634
Amazon.com Inc (Consumer Cyclical)
Equity, Since 31 Mar 19 | AMZN
7%₹48 Cr31,635
Meta Platforms Inc Class A (Communication Services)
Equity, Since 31 Oct 16 | META
7%₹47 Cr11,610
Mastercard Inc Class A (Financial Services)
Equity, Since 31 Jul 15 | MA
6%₹42 Cr10,346
IQVIA Holdings Inc (Healthcare)
Equity, Since 28 Feb 17 | IQV
6%₹40 Cr19,088
Booking Holdings Inc (Consumer Cyclical)
Equity, Since 31 Jul 15 | BKNG
5%₹37 Cr1,238
Taiwan Semiconductor Manufacturing Co Ltd ADR (Technology)
Equity, Since 31 Jan 23 | TSM
5%₹34 Cr29,760
Elevance Health Inc (Healthcare)
Equity, Since 28 Feb 18 | ELV
4%₹30 Cr7,050
Visa Inc Class A (Financial Services)
Equity, Since 31 Jan 17 | V
4%₹29 Cr12,566

3. DSP BlackRock US Flexible Equity Fund

The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in units of BGF – USFEF. The Scheme may, at the discretion of the Investment Manager also invest in the units of other similar overseas mutual fund schemes, which may constitute a significant part of its corpus. The Scheme may also invest a certain portion of its corpus in money market securities and/or money market/liquid schemes of DSP BlackRock Mutual Fund, in order to meet liquidity requirements from time to time. However, there is no assurance that the investment objective of the Scheme will be realized. It shall be noted ‘similar overseas mutual fund schemes’ shall have investment objective, investment strategy and risk profile/consideration similar to those of BGF – USFEF.

DSP BlackRock US Flexible Equity Fund is a Equity - Global fund was launched on 3 Aug 12. It is a fund with High risk and has given a CAGR/Annualized return of 15.4% since its launch.  Ranked 3 in Global category.  Return for 2023 was 22% , 2022 was -5.9% and 2021 was 24.2% .

Below is the key information for DSP BlackRock US Flexible Equity Fund

DSP BlackRock US Flexible Equity Fund
Growth
Launch Date 3 Aug 12
NAV (16 May 24) ₹53.8734 ↑ 0.45   (0.84 %)
Net Assets (Cr) ₹889 on 31 Mar 24
Category Equity - Global
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk High
Expense Ratio 1.61
Sharpe Ratio 1.55
Information Ratio -0.5
Alpha Ratio 0.15
Min Investment 1,000
Min SIP Investment 500
Exit Load 0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Apr 19₹10,000
30 Apr 20₹10,384
30 Apr 21₹15,787
30 Apr 22₹16,071
30 Apr 23₹16,990
30 Apr 24₹20,441

DSP BlackRock US Flexible Equity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹458,689.
Net Profit of ₹158,689
Invest Now

Returns for DSP BlackRock US Flexible Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 May 24

DurationReturns
1 Month 4.9%
3 Month 5.7%
6 Month 17.8%
1 Year 24.6%
3 Year 11.2%
5 Year 16.9%
10 Year
15 Year
Since launch 15.4%
Historical performance (Yearly) on absolute basis
YearReturns
2023 22%
2022 -5.9%
2021 24.2%
2020 22.6%
2019 27.5%
2018 -1.1%
2017 15.5%
2016 9.8%
2015 2.5%
2014 13.1%
Fund Manager information for DSP BlackRock US Flexible Equity Fund
NameSinceTenure
Kedar Karnik17 Jul 167.71 Yr.
Laukik Bagwe3 Aug 1211.67 Yr.
Jay Kothari1 Mar 1311.09 Yr.

Data below for DSP BlackRock US Flexible Equity Fund as on 31 Mar 24

Equity Sector Allocation
SectorValue
Technology28.9%
Financial Services14.28%
Health Care14.24%
Communication Services12.89%
Consumer Cyclical10.73%
Consumer Defensive5.55%
Basic Materials4.36%
Energy3.93%
Industrials2.43%
Asset Allocation
Asset ClassValue
Cash2.68%
Equity97.3%
Debt0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
BGF US Flexible Equity I2
Investment Fund | -
99%₹877 Cr2,334,074
Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -
2%₹15 Cr
Net Receivables/Payables
Net Current Assets | -
0%-₹3 Cr

4. ICICI Prudential US Bluechip Equity Fund

The investment objective of ICICI Prudential US Bluechip Equity Fund is to provide long term capital appreciation to investors by primarily investing in equity and equity related securities (including ADRs/GDRs issued by Indian and foreign companies) of companies listed on New York Stock Exchange and/or NASDAQ. However, there can be no assurance that the investment objective of the Scheme will be realized.

ICICI Prudential US Bluechip Equity Fund is a Equity - Global fund was launched on 6 Jul 12. It is a fund with High risk and has given a CAGR/Annualized return of 16.3% since its launch.  Ranked 7 in Global category.  Return for 2023 was 30.6% , 2022 was -7.1% and 2021 was 22.5% .

Below is the key information for ICICI Prudential US Bluechip Equity Fund

ICICI Prudential US Bluechip Equity Fund
Growth
Launch Date 6 Jul 12
NAV (16 May 24) ₹59.75 ↓ -0.10   (-0.17 %)
Net Assets (Cr) ₹3,192 on 31 Mar 24
Category Equity - Global
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk High
Expense Ratio 2.18
Sharpe Ratio 0.9
Information Ratio -0.5
Alpha Ratio -11.67
Min Investment 5,000
Min SIP Investment 100
Exit Load 0-3 Months (3%),3-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Apr 19₹10,000
30 Apr 20₹11,218
30 Apr 21₹15,437
30 Apr 22₹14,993
30 Apr 23₹17,340
30 Apr 24₹20,273

ICICI Prudential US Bluechip Equity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹470,047.
Net Profit of ₹170,047
Invest Now

Returns for ICICI Prudential US Bluechip Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 May 24

DurationReturns
1 Month 5.9%
3 Month 5%
6 Month 17%
1 Year 24.3%
3 Year 11.4%
5 Year 17%
10 Year
15 Year
Since launch 16.3%
Historical performance (Yearly) on absolute basis
YearReturns
2023 30.6%
2022 -7.1%
2021 22.5%
2020 18.6%
2019 34.3%
2018 5.2%
2017 14.1%
2016 11.6%
2015 0.7%
2014 12.7%
Fund Manager information for ICICI Prudential US Bluechip Equity Fund
NameSinceTenure
Rohan Maru19 Sep 1310.54 Yr.
Sharmila D’mello1 Jul 221.75 Yr.

Data below for ICICI Prudential US Bluechip Equity Fund as on 31 Mar 24

Equity Sector Allocation
SectorValue
Health Care20.3%
Industrials17.11%
Technology14.4%
Financial Services12.49%
Consumer Defensive11.19%
Consumer Cyclical8.51%
Basic Materials7.63%
Communication Services6.84%
Asset Allocation
Asset ClassValue
Cash1.53%
Equity98.47%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
International Flavors & Fragrances Inc (Basic Materials)
Equity, Since 30 Sep 22 | IFF
3%₹86 Cr119,313
↑ 4,747
The Estee Lauder Companies Inc Class A (Consumer Defensive)
Equity, Since 30 Jun 23 | EL
3%₹83 Cr64,687
↑ 5,000
RTX Corp (Industrials)
Equity, Since 30 Sep 23 | RTX
3%₹83 Cr101,527
↓ -5,000
Alphabet Inc Class C (Communication Services)
Equity, Since 31 Jan 18 | GOOG
3%₹82 Cr64,277
↑ 5,400
Allegion PLC (Industrials)
Equity, Since 30 Sep 22 | ALLE
3%₹81 Cr72,186
↓ -5,700
Zimmer Biomet Holdings Inc (Healthcare)
Equity, Since 31 Mar 17 | ZBH
3%₹81 Cr73,215
Teradyne Inc (Technology)
Equity, Since 31 Mar 22 | TER
3%₹80 Cr84,984
↓ -5,200
MarketAxess Holdings Inc (Financial Services)
Equity, Since 30 Jun 23 | MKTX
2%₹79 Cr43,289
↑ 2,883
Corteva Inc (Basic Materials)
Equity, Since 30 Jun 23 | CTVA
2%₹79 Cr164,140
Agilent Technologies Inc (Healthcare)
Equity, Since 30 Jun 23 | A
2%₹79 Cr65,025

5. Sundaram Global Advantage Fund

To achieve capital appreciation by investing in units of overseas mutual funds and exchange traded funds, domestic money market instruments. Income generation may only be a secondary objective.

Sundaram Global Advantage Fund is a Equity - Global fund was launched on 24 Aug 07. It is a fund with High risk and has given a CAGR/Annualized return of 6.9% since its launch.  Ranked 28 in Global category.  Return for 2023 was 30.1% , 2022 was -15.4% and 2021 was 18.5% .

Below is the key information for Sundaram Global Advantage Fund

Sundaram Global Advantage Fund
Growth
Launch Date 24 Aug 07
NAV (16 May 24) ₹30.4371 ↓ -0.04   (-0.14 %)
Net Assets (Cr) ₹119 on 29 Feb 24
Category Equity - Global
AMC Sundaram Asset Management Company Ltd
Rating
Risk High
Expense Ratio 1.49
Sharpe Ratio 1.39
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 100
Exit Load 0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Apr 19₹10,000
30 Apr 20₹10,169
30 Apr 21₹14,175
30 Apr 22₹13,302
30 Apr 23₹14,765
30 Apr 24₹17,251

Sundaram Global Advantage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080
Invest Now

Returns for Sundaram Global Advantage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 May 24

DurationReturns
1 Month 2.4%
3 Month 2.7%
6 Month 10.9%
1 Year 21%
3 Year 8.2%
5 Year 13.1%
10 Year
15 Year
Since launch 6.9%
Historical performance (Yearly) on absolute basis
YearReturns
2023 30.1%
2022 -15.4%
2021 18.5%
2020 21.4%
2019 17.6%
2018 -8.1%
2017 19.8%
2016 12.8%
2015 -14.2%
2014 -3.6%
Fund Manager information for Sundaram Global Advantage Fund
NameSinceTenure
Rohit Seksaria30 Dec 176.26 Yr.
Ashish Aggarwal1 Jan 222.25 Yr.

Data below for Sundaram Global Advantage Fund as on 29 Feb 24

Equity Sector Allocation
SectorValue
Technology30.86%
Consumer Cyclical27.1%
Communication Services14.6%
Financial Services12.8%
Consumer Defensive7.3%
Industrials3.81%
Asset Allocation
Asset ClassValue
Cash3.52%
Equity96.48%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Sundaram Global Brand Master
Investment Fund | -
96%₹116 Cr9,357,595
↓ -250,000
Treps
CBLO/Reverse Repo | -
4%₹5 Cr
Cash And Other Net Current Assets
Net Current Assets | -
0%₹0 Cr

6. Edelweiss Europe Dynamic Equity Off-shore Fund

The primary investment objective of the Scheme is to seek to provide long term capital growth by investing predominantly in the JPMorgan Funds - Europe Dynamic Fund, an equity fund which invests primarily in an aggressively managed portfolio of European companies.

Edelweiss Europe Dynamic Equity Off-shore Fund is a Equity - Global fund was launched on 7 Feb 14. It is a fund with High risk and has given a CAGR/Annualized return of 6.7% since its launch.  Ranked 22 in Global category.  Return for 2023 was 17.3% , 2022 was -6% and 2021 was 17% .

Below is the key information for Edelweiss Europe Dynamic Equity Off-shore Fund

Edelweiss Europe Dynamic Equity Off-shore Fund
Growth
Launch Date 7 Feb 14
NAV (16 May 24) ₹19.5165 ↑ 0.07   (0.38 %)
Net Assets (Cr) ₹84 on 31 Mar 24
Category Equity - Global
AMC Edelweiss Asset Management Limited
Rating
Risk High
Expense Ratio 1.38
Sharpe Ratio 0.7
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Apr 19₹10,000
30 Apr 20₹9,280
30 Apr 21₹14,051
30 Apr 22₹12,880
30 Apr 23₹15,237
30 Apr 24₹17,241

Edelweiss Europe Dynamic Equity Off-shore Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹415,684.
Net Profit of ₹115,684
Invest Now

Returns for Edelweiss Europe Dynamic Equity Off-shore Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 May 24

DurationReturns
1 Month 6.9%
3 Month 11.5%
6 Month 19.9%
1 Year 18.9%
3 Year 8.9%
5 Year 12.8%
10 Year
15 Year
Since launch 6.7%
Historical performance (Yearly) on absolute basis
YearReturns
2023 17.3%
2022 -6%
2021 17%
2020 13.5%
2019 22.9%
2018 -12.2%
2017 12.5%
2016 -3.9%
2015 5.4%
2014
Fund Manager information for Edelweiss Europe Dynamic Equity Off-shore Fund
NameSinceTenure
Bhavesh Jain9 Apr 185.98 Yr.
Bharat Lahoti1 Oct 212.5 Yr.

Data below for Edelweiss Europe Dynamic Equity Off-shore Fund as on 31 Mar 24

Equity Sector Allocation
SectorValue
Industrials26.54%
Financial Services15.07%
Consumer Cyclical12.98%
Health Care8.7%
Basic Materials8.51%
Energy8.02%
Communication Services7.15%
Technology4.92%
Consumer Defensive3.06%
Utility0.97%
Real Estate0.6%
Asset Allocation
Asset ClassValue
Cash1.96%
Equity96.53%
Debt0.03%
Other1.47%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
JPM Europe Dynamic I (acc) EUR
Investment Fund | -
100%₹84 Cr196,772
Clearing Corporation Of India Ltd.
CBLO/Reverse Repo | -
1%₹0 Cr
Net Receivables/(Payables)
CBLO | -
0%₹0 Cr
Accrued Interest
CBLO | -
0%₹0 Cr

7. Kotak Global Emerging Market Fund

The investment objective of the scheme is to provide long-term capital appreciation by investing in an overseas mutual fund scheme that invests in a diversified portfolio of securities as prescribed by SEBI from time to time in global emerging markets.

Kotak Global Emerging Market Fund is a Equity - Global fund was launched on 26 Sep 07. It is a fund with High risk and has given a CAGR/Annualized return of 5.1% since its launch.  Ranked 17 in Global category.  Return for 2023 was 10.8% , 2022 was -15% and 2021 was -0.5% .

Below is the key information for Kotak Global Emerging Market Fund

Kotak Global Emerging Market Fund
Growth
Launch Date 26 Sep 07
NAV (16 May 24) ₹22.706 ↑ 0.14   (0.62 %)
Net Assets (Cr) ₹94 on 31 Mar 24
Category Equity - Global
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk High
Expense Ratio 1.5
Sharpe Ratio 0.23
Information Ratio -0.25
Alpha Ratio 0.12
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Apr 19₹10,000
30 Apr 20₹9,788
30 Apr 21₹15,249
30 Apr 22₹12,603
30 Apr 23₹12,327
30 Apr 24₹13,971

Kotak Global Emerging Market Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357
Invest Now

Returns for Kotak Global Emerging Market Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 May 24

DurationReturns
1 Month 7.7%
3 Month 6.4%
6 Month 11.8%
1 Year 18.1%
3 Year 0.1%
5 Year 8.3%
10 Year
15 Year
Since launch 5.1%
Historical performance (Yearly) on absolute basis
YearReturns
2023 10.8%
2022 -15%
2021 -0.5%
2020 29.1%
2019 21.4%
2018 -14.4%
2017 30.4%
2016 -1.2%
2015 -4.6%
2014 -2.6%
Fund Manager information for Kotak Global Emerging Market Fund
NameSinceTenure
Arjun Khanna9 May 194.9 Yr.

Data below for Kotak Global Emerging Market Fund as on 31 Mar 24

Equity Sector Allocation
SectorValue
Asset Allocation
Asset ClassValue
Cash0.2%
Other99.8%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Ci Emerging Markets Fund I - 974
- | -
100%₹94 Cr476,447
↓ -8,158
Triparty Repo
CBLO/Reverse Repo | -
1%₹1 Cr
Net Current Assets/(Liabilities)
Net Current Assets | -
1%-₹1 Cr

8. DSP BlackRock Global Allocation Fund

The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in units of BlackRock Global Funds - Global Allocation Fund (BGF - GAF). The Scheme may also invest in the units of other similar overseas mutual fund schemes which may constitute a significant part of its corpus. The Scheme may also invest a certain portion of its corpus in money market securities and/ or money market/liquid schemes of DSP BlackRock Mutual Fund, in order to meet liquidity requirements from time to time. However, there is no assurance that the investment objective of the Scheme will be realized. It shall be noted ‘similar overseas mutual fund schemes’shall have investment objective, investment strategy and risk profile/consideration similar to those of BGF – GAF

DSP BlackRock Global Allocation Fund is a Equity - Global fund was launched on 21 Aug 14. It is a fund with High risk and has given a CAGR/Annualized return of 7.1% since its launch.  Ranked 26 in Global category.  Return for 2023 was 12.8% , 2022 was -6.6% and 2021 was 7.3% .

Below is the key information for DSP BlackRock Global Allocation Fund

DSP BlackRock Global Allocation Fund
Growth
Launch Date 21 Aug 14
NAV (16 May 24) ₹19.4983 ↑ 0.12   (0.61 %)
Net Assets (Cr) ₹59 on 31 Mar 24
Category Equity - Global
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk High
Expense Ratio 1.25
Sharpe Ratio 0.84
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 500
Exit Load 0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Apr 19₹10,000
30 Apr 20₹10,910
30 Apr 21₹14,076
30 Apr 22₹13,035
30 Apr 23₹13,661
30 Apr 24₹15,354

DSP BlackRock Global Allocation Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹385,859.
Net Profit of ₹85,859
Invest Now

Returns for DSP BlackRock Global Allocation Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 May 24

DurationReturns
1 Month 4.1%
3 Month 4.9%
6 Month 12%
1 Year 15%
3 Year 4.6%
5 Year 9.8%
10 Year
15 Year
Since launch 7.1%
Historical performance (Yearly) on absolute basis
YearReturns
2023 12.8%
2022 -6.6%
2021 7.3%
2020 21.2%
2019 18.3%
2018 -1.3%
2017 4.9%
2016 4.4%
2015 1.7%
2014
Fund Manager information for DSP BlackRock Global Allocation Fund
NameSinceTenure
Kedar Karnik17 Jul 167.71 Yr.
Laukik Bagwe21 Aug 149.62 Yr.
Jay Kothari21 Aug 149.62 Yr.

Data below for DSP BlackRock Global Allocation Fund as on 31 Mar 24

Equity Sector Allocation
SectorValue
Technology14.7%
Financial Services7.91%
Health Care7.78%
Consumer Cyclical6.96%
Industrials6.56%
Energy3.22%
Communication Services3.1%
Consumer Defensive2.87%
Basic Materials1.49%
Utility0.98%
Real Estate0.85%
Asset Allocation
Asset ClassValue
Cash14.09%
Equity57.04%
Debt26.73%
Other1.56%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
BGF Global Allocation I2
Investment Fund | -
98%₹58 Cr79,051
↓ -915
iShares $ Treasury Bd 7-10y ETF USD Acc
- | -
1%₹1 Cr503
Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -
2%₹1 Cr
Net Receivables/Payables
Net Current Assets | -
0%₹0 Cr

Unique Features of Global Funds

Some of the feature of global mutual funds are:

Returns

The return here depends on multiple parameters. It could vary time to time.

Risk Factor

Global funds could be affected by many risks such as country specific macro-economic risk, currency risk, regulation risk or geopolitical risk. Thus, investors should ensure that they have a thorough knowledge about this fund.

Hedge

Global funds functions as a hedge against Inflation

Global Funds Taxation

Taxation for global funds are treated like Debt fund. Short-term gains which are lesser than 3 years, are taxed according to the existing Income-tax slab of the investor. Long-term gains are taxed 10 percent without indexation and 20 percent with indexation.

How to Invest in Global Funds Online?

  1. Open Free Investment Account for Lifetime at Fincash.com.

  2. Complete your Registration and KYC Process

  3. Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!

    Get Started

Conclusion

Looking at the risk level of global funds, investors wanting to invest in global funds should hold a high-risk appetite. The best way to invest in a global fund is through a SIP. A Systematic Investment plan can benefit from rupee-cost averaging. It can also prevent you from the dual Volatility that may occur in global funds due to the currency rate fluctuations and unpredictable behavior of equity markets.

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
How helpful was this page ?
Rated 4.9, based on 9 reviews.
POST A COMMENT

Hitesh Pandya, posted on 17 Apr 22 6:21 AM

Indepth study of the subject.thanks.

1 - 1 of 1