+91-22-62820123
Table of Contents
- Background of International Mutual Funds in India
- How to Pick an International Mutual Fund?
- Best International Mutual Funds to Invest in FY 21 - 22
- Types of International Mutual Funds
- Why to Invest in International Mutual Funds?
- Taxation of International Mutual Funds
- How to Invest in International Mutual Fund Online?
- FAQs
- 1. What are the benefits of investing in international mutual funds?
- 2. Can I invest in companies that post lower growth than India?
- 3. What is the Franklin India Feeder?
- 4. What is the BlackRock World Mining Fund?
- 5. Are earnings from international mutual funds taxed?
- 6. What is the main risk of the international mutual fund?
- 7. Who should invest in a foreign mutual fund?
Top 8 Equity - Global Funds
- DSP BlackRock World Mining Fund
- Principal Global Opportunities Fund
- Aditya Birla Sun Life International Equity Fund - Plan B
- Kotak Global Emerging Market Fund
- Nippon India US Equity Opportunites Fund
- DSP BlackRock US Flexible Equity Fund
- Franklin India Feeder - Franklin U S Opportunities Fund
- Edelweiss Europe Dynamic Equity Off-shore Fund
8 Best International Mutual Funds 2021
International Mutual Funds are funds that invest in foreign markets except for the investor’s country of residence. On the other hand, global fund invest in foreign markets as well as the investor’s country of residence. International Mutual Funds are also known as “foreign fund” and are a form of the ‘fund of funds’ strategy.
International Mutual Funds have become an attractive investment option for investors in the past few years due to the volatile local markets and an Economy going through its ups and downs.
Background of International Mutual Funds in India
With the permission of Reserve Bank of India (RBI), International Mutual Funds opened up in India in 2007. Each fund is allowed to get a corpus of USD 500 million.
Master-Feeder Structure of International Mutual Funds
International Mutual Funds follow a master-feeder structure. A master-feeder structure is a three-tier structure where investors place their money in the feeder fund which then invests in the master fund. The master fund then invests the money in the Market. A feeder fund is based on-shore i.e. in India, whereas, the master fund is based off-shore (in a foreign geography like Luxembourg etc).
A master fund can have multiple feeder funds. For example,
How to Pick an International Mutual Fund?
There are certain things to be kept in mind while choosing a suitable fund.
Best International Mutual Funds to Invest in FY 21 - 22
The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in the units of BlackRock Global Funds – World Mining Fund. 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. DSP BlackRock World Mining Fund is a Equity - Global fund was launched on 29 Dec 09. It is a fund with High risk and has given a Below is the key information for DSP BlackRock World Mining Fund Returns up to 1 year are on The investment objective of the Scheme is to provide long term capital appreciation by predominantly investing in overseas mutual fund schemes, and a certain portion of its corpus in Money Market Securities and/or units of Money Market / Liquid Schemes of Principal Mutual Fund. Principal Global Opportunities Fund is a Equity - Global fund was launched on 29 Mar 04. It is a fund with High risk and has given a Below is the key information for Principal Global Opportunities Fund Returns up to 1 year are on An Open-ended diversified equity scheme with an objective to generate long-term growth of capital, by investing predominantly in a diversified portfolio of equity and equity related securities in the domestic and international markets. Aditya Birla Sun Life International Equity Fund - Plan B is a Equity - Global fund was launched on 31 Oct 07. It is a fund with High risk and has given a Below is the key information for Aditya Birla Sun Life International Equity Fund - Plan B Returns up to 1 year are on 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 Below is the key information for Kotak Global Emerging Market Fund Returns up to 1 year are on 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 Below is the key information for Nippon India US Equity Opportunites Fund Returns up to 1 year are on 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 Below is the key information for DSP BlackRock US Flexible Equity Fund Returns up to 1 year are on 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 Below is the key information for Franklin India Feeder - Franklin U S Opportunities Fund Returns up to 1 year are on 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 Below is the key information for Edelweiss Europe Dynamic Equity Off-shore Fund Returns up to 1 year are on Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2020 (%) DSP BlackRock World Mining Fund Growth ₹14.0262
↓ -0.18 ₹107 500 6 33.8 80.3 19.5 20.3 34.9 Principal Global Opportunities Fund Growth ₹45.085
↓ -0.18 ₹26 2,000 13.7 32.8 77.1 14.9 16.7 16.5 Aditya Birla Sun Life International Equity Fund - Plan B Growth ₹23.8894
↑ 0.30 ₹93 1,000 4.8 29.4 65.1 9.2 11.8 15.1 Kotak Global Emerging Market Fund Growth ₹23.439
↑ 0.13 ₹129 1,000 -0.9 21.5 58.6 11.1 12.8 29.1 Nippon India US Equity Opportunites Fund Growth ₹24.6065
↑ 0.08 ₹294 100 14.3 23.4 54.8 25.7 20 22.4 DSP BlackRock US Flexible Equity Fund Growth ₹39.3992
↑ 0.14 ₹338 500 11.8 25.6 54.1 21 18.5 22.6 Franklin India Feeder - Franklin U S Opportunities Fund Growth ₹52.9518
↑ 0.24 ₹2,852 500 5.7 9.8 53.8 26.4 22.2 45.2 Edelweiss Europe Dynamic Equity Off-shore Fund Growth ₹15.0296
↑ 0.07 ₹39 1,000 8.9 27.9 53.6 9.8 9.3 13.5 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 12 Apr 21 10 crore of more and sorted on last one year return.
1. DSP BlackRock World Mining Fund
CAGR/Annualized return of 3% since its launch. Ranked 19 in Global category. Return for 2020 was 34.9% , 2019 was 21.5% and 2018 was -9.4% . DSP BlackRock World Mining Fund
Growth Launch Date 29 Dec 09 NAV (12 Apr 21) ₹14.0262 ↓ -0.18 (-1.25 %) Net Assets (Cr) ₹107 on 28 Feb 21 Category Equity - Global AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆ Risk High Expense Ratio 1.3 Sharpe Ratio 1.9 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.
Date Value 31 Mar 16 ₹10,000 31 Mar 17 ₹12,646 31 Mar 18 ₹14,555 31 Mar 19 ₹15,512 31 Mar 20 ₹12,547 31 Mar 21 ₹24,554 Returns for DSP BlackRock World Mining Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Apr 21 Duration Returns 1 Month 2.6% 3 Month 6% 6 Month 33.8% 1 Year 80.3% 3 Year 19.5% 5 Year 20.3% 10 Year 15 Year Since launch 3% Historical performance (Yearly) on absolute basis
Year Returns 2020 34.9% 2019 21.5% 2018 -9.4% 2017 21.1% 2016 49.7% 2015 -36% 2014 -21% 2013 -14.1% 2012 -0.9% 2011 -15.1% Fund Manager information for DSP BlackRock World Mining Fund
Name Since Tenure Jay Kothari 1 Mar 13 8.09 Yr. Data below for DSP BlackRock World Mining Fund as on 28 Feb 21
Equity Sector Allocation
Sector Value Basic Materials 89.87% Financial Services 1.89% Asset Allocation
Asset Class Value Cash 8.21% Equity 91.76% Debt 0.03% Top Securities Holdings / Portfolio
Name Holding Value Quantity BGF World Mining I2
Investment Fund | -94% ₹101 Cr 209,715
↑ 8,912 Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -6% ₹7 Cr Net Receivables/Payables
Net Current Assets | -0% ₹0 Cr 2. Principal Global Opportunities Fund
CAGR/Annualized return of 9.2% since its launch. Ranked 8 in Global category. Return for 2020 was 16.5% , 2019 was 32.5% and 2018 was -15.5% . Principal Global Opportunities Fund
Growth Launch Date 29 Mar 04 NAV (13 Apr 21) ₹45.085 ↓ -0.18 (-0.40 %) Net Assets (Cr) ₹26 on 28 Feb 21 Category Equity - Global AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆☆☆ Risk High Expense Ratio 1.4 Sharpe Ratio 1.16 Information Ratio 0 Alpha Ratio 0 Min Investment 10,000 Min SIP Investment 2,000 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 16 ₹10,000 31 Mar 17 ₹11,369 31 Mar 18 ₹14,262 31 Mar 19 ₹13,274 31 Mar 20 ₹11,527 31 Mar 21 ₹20,684 Returns for Principal Global Opportunities Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Apr 21 Duration Returns 1 Month 5.9% 3 Month 13.7% 6 Month 32.8% 1 Year 77.1% 3 Year 14.9% 5 Year 16.7% 10 Year 15 Year Since launch 9.2% Historical performance (Yearly) on absolute basis
Year Returns 2020 16.5% 2019 32.5% 2018 -15.5% 2017 30.9% 2016 10.1% 2015 -9.6% 2014 -2.6% 2013 5.4% 2012 21.5% 2011 -2.6% Fund Manager information for Principal Global Opportunities Fund
Name Since Tenure Rajat Jain 1 Oct 05 15.51 Yr. Data below for Principal Global Opportunities Fund as on 28 Feb 21
Equity Sector Allocation
Sector Value Industrials 20.44% Financial Services 18.49% Consumer Cyclical 17.93% Technology 14.37% Basic Materials 8.34% Health Care 5.33% Consumer Defensive 4.4% Communication Services 3.6% Energy 1.72% Utility 0.98% Asset Allocation
Asset Class Value Cash 4.29% Equity 95.6% Other 0.11% Top Securities Holdings / Portfolio
Name Holding Value Quantity Principal Origin Glb Smlr Coms I Acc USD
Investment Fund | -98% ₹25 Cr 147,033 91 DTB 29042021
Sovereign Bonds | -0% ₹0 Cr 1,000 Treps 01-Mar-2021
CBLO/Reverse Repo | -3% ₹1 Cr Net Receivable / Payable
Net Current Assets | -1% ₹0 Cr 3. Aditya Birla Sun Life International Equity Fund - Plan B
CAGR/Annualized return of 6.7% since its launch. Ranked 39 in Global category. Return for 2020 was 15.1% , 2019 was 8.1% and 2018 was -5.5% . Aditya Birla Sun Life International Equity Fund - Plan B
Growth Launch Date 31 Oct 07 NAV (13 Apr 21) ₹23.8894 ↑ 0.30 (1.29 %) Net Assets (Cr) ₹93 on 28 Feb 21 Category Equity - Global AMC Birla Sun Life Asset Management Co Ltd Rating ☆ Risk High Expense Ratio 2.58 Sharpe Ratio 0.82 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 1,000 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 16 ₹10,000 31 Mar 17 ₹12,192 31 Mar 18 ₹13,340 31 Mar 19 ₹13,847 31 Mar 20 ₹10,318 31 Mar 21 ₹17,595 Returns for Aditya Birla Sun Life International Equity Fund - Plan B
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Apr 21 Duration Returns 1 Month -0.2% 3 Month 4.8% 6 Month 29.4% 1 Year 65.1% 3 Year 9.2% 5 Year 11.8% 10 Year 15 Year Since launch 6.7% Historical performance (Yearly) on absolute basis
Year Returns 2020 15.1% 2019 8.1% 2018 -5.5% 2017 27.7% 2016 5.2% 2015 -1.4% 2014 29.7% 2013 6.7% 2012 24.3% 2011 -18.4% Fund Manager information for Aditya Birla Sun Life International Equity Fund - Plan B
Name Since Tenure Vineet Maloo 31 Oct 07 13.42 Yr. Data below for Aditya Birla Sun Life International Equity Fund - Plan B as on 28 Feb 21
Equity Sector Allocation
Sector Value Financial Services 30.13% Basic Materials 18.71% Industrials 11.06% Consumer Cyclical 9.48% Consumer Defensive 9.12% Health Care 9.06% Technology 4.67% Communication Services 2.77% Utility 0.8% Energy 0.47% Asset Allocation
Asset Class Value Cash 1.33% Equity 98.67% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 08 | HDFCBANK8% ₹7 Cr 46,797 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK5% ₹5 Cr 85,629 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 18 | HDFC5% ₹4 Cr 17,254 Hindalco Industries Ltd Shs Dematerialised (Basic Materials)
Equity, Since 30 Jun 20 | HINDALCO3% ₹3 Cr 77,000 VST Industries Ltd (Consumer Defensive)
Equity, Since 31 May 12 | 5099662% ₹2 Cr 6,785 Orient Refractories Ltd (Industrials)
Equity, Since 31 May 14 | 5340762% ₹2 Cr 96,540 Reliance Industries Limited
Equity, Since 30 Jun 20 | -2% ₹2 Cr 18,466 JK Cement Ltd (Basic Materials)
Equity, Since 31 Jul 19 | JKCEMENT2% ₹2 Cr 8,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 17 | KOTAKBANK2% ₹2 Cr 12,000 IFGL Refractories Ltd (Basic Materials)
Equity, Since 30 Nov 17 | 5407742% ₹2 Cr 82,900 4. Kotak Global Emerging Market Fund
CAGR/Annualized return of 6.5% since its launch. Ranked 17 in Global category. Return for 2020 was 29.1% , 2019 was 21.4% and 2018 was -14.4% . Kotak Global Emerging Market Fund
Growth Launch Date 26 Sep 07 NAV (13 Apr 21) ₹23.439 ↑ 0.13 (0.55 %) Net Assets (Cr) ₹129 on 28 Feb 21 Category Equity - Global AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk High Expense Ratio 1.18 Sharpe Ratio 1.53 Information Ratio 0 Alpha Ratio 0.31 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.
Date Value 31 Mar 16 ₹10,000 31 Mar 17 ₹10,831 31 Mar 18 ₹13,342 31 Mar 19 ₹12,075 31 Mar 20 ₹11,221 31 Mar 21 ₹18,150 Returns for Kotak Global Emerging Market Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Apr 21 Duration Returns 1 Month 0.9% 3 Month -0.9% 6 Month 21.5% 1 Year 58.6% 3 Year 11.1% 5 Year 12.8% 10 Year 15 Year Since launch 6.5% Historical performance (Yearly) on absolute basis
Year Returns 2020 29.1% 2019 21.4% 2018 -14.4% 2017 30.4% 2016 -1.2% 2015 -4.6% 2014 -2.6% 2013 15.3% 2012 23.9% 2011 -4.4% Fund Manager information for Kotak Global Emerging Market Fund
Name Since Tenure Arjun Khanna 9 May 19 1.9 Yr. Data below for Kotak Global Emerging Market Fund as on 28 Feb 21
Equity Sector Allocation
Sector Value Technology 19.45% Financial Services 16.23% Consumer Cyclical 15.36% Communication Services 9.24% Industrials 5.81% Real Estate 3.18% Energy 2.75% Health Care 2.5% Basic Materials 2.49% Consumer Defensive 2.15% Utility 1.45% Asset Allocation
Asset Class Value Cash 14.17% Equity 85.83% Top Securities Holdings / Portfolio
Name Holding Value Quantity CI Signature Emerging Markets Class I
Investment Fund | -96% ₹123 Cr 503,198
↑ 23,302 Triparty Repo
CBLO/Reverse Repo | -6% ₹7 Cr Net Current Assets/(Liabilities)
Net Current Assets | -1% -₹2 Cr 5. Nippon India US Equity Opportunites Fund
CAGR/Annualized return of 17% since its launch. Return for 2020 was 22.4% , 2019 was 31.8% and 2018 was 7.7% . Nippon India US Equity Opportunites Fund
Growth Launch Date 23 Jul 15 NAV (13 Apr 21) ₹24.6065 ↑ 0.08 (0.33 %) Net Assets (Cr) ₹294 on 28 Feb 21 Category Equity - Global AMC Nippon Life Asset Management Ltd. Rating Risk High Expense Ratio 2.51 Sharpe Ratio 1.14 Information Ratio 0.18 Alpha Ratio -4.73 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.
Date Value 31 Mar 16 ₹10,000 31 Mar 17 ₹11,024 31 Mar 18 ₹12,537 31 Mar 19 ₹15,394 31 Mar 20 ₹15,321 31 Mar 21 ₹23,784 Returns for Nippon India US Equity Opportunites Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Apr 21 Duration Returns 1 Month 7.4% 3 Month 14.3% 6 Month 23.4% 1 Year 54.8% 3 Year 25.7% 5 Year 20% 10 Year 15 Year Since launch 17% Historical performance (Yearly) on absolute basis
Year Returns 2020 22.4% 2019 31.8% 2018 7.7% 2017 16.9% 2016 8.2% 2015 2014 2013 2012 2011 Fund Manager information for Nippon India US Equity Opportunites Fund
Name Since Tenure Anju Chhajer 23 Jul 15 5.7 Yr. Kinjal Desai 25 May 18 2.85 Yr. Data below for Nippon India US Equity Opportunites Fund as on 28 Feb 21
Equity Sector Allocation
Sector Value Health Care 20.25% Communication Services 19.1% Consumer Cyclical 18.13% Technology 17.07% Financial Services 13.74% Energy 5.95% Asset Allocation
Asset Class Value Cash 5.76% Equity 94.24% Top Securities Holdings / Portfolio
Name Holding Value Quantity Mastercard Inc A (Financial Services)
Equity, Since 31 Jul 15 | MA9% ₹27 Cr 10,510
↑ 1,538 Alphabet Inc A (Communication Services)
Equity, Since 31 Jul 15 | GOOGL8% ₹25 Cr 1,672
↓ -94 Microsoft Corp (Technology)
Equity, Since 30 Nov 18 | MSFT7% ₹22 Cr 12,929
↑ 291 IQVIA Holdings Inc (Healthcare)
Equity, Since 28 Feb 17 | IQV7% ₹19 Cr 13,738
↑ 687 Enbridge Inc (Energy)
Equity, Since 31 Jan 18 | ENB6% ₹17 Cr 70,812
↑ 1,325 Lowe's Companies Inc (Consumer Cyclical)
Equity, Since 30 Sep 16 | LOW6% ₹16 Cr 13,975
↓ -134 Booking Holdings Inc (Consumer Cyclical)
Equity, Since 31 Jul 15 | BKNG6% ₹16 Cr 957
↑ 28 Facebook Inc A (Communication Services)
Equity, Since 31 Oct 16 | FB6% ₹16 Cr 8,614
↓ -10 Visa Inc Class A (Financial Services)
Equity, Since 31 Jan 17 | V5% ₹13 Cr 8,534
↑ 104 Amazon.com Inc (Consumer Cyclical)
Equity, Since 31 Mar 19 | AMZN4% ₹12 Cr 519
↓ -02 6. DSP BlackRock US Flexible Equity Fund
CAGR/Annualized return of 17.1% since its launch. Ranked 3 in Global category. Return for 2020 was 22.6% , 2019 was 27.5% and 2018 was -1.1% . DSP BlackRock US Flexible Equity Fund
Growth Launch Date 3 Aug 12 NAV (12 Apr 21) ₹39.3992 ↑ 0.14 (0.35 %) Net Assets (Cr) ₹338 on 28 Feb 21 Category Equity - Global AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆☆☆ Risk High Expense Ratio 1.63 Sharpe Ratio 1.76 Information Ratio -0.73 Alpha Ratio 7.66 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.
Date Value 31 Mar 16 ₹10,000 31 Mar 17 ₹11,337 31 Mar 18 ₹12,708 31 Mar 19 ₹14,130 31 Mar 20 ₹13,698 31 Mar 21 ₹22,005 Returns for DSP BlackRock US Flexible Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Apr 21 Duration Returns 1 Month 6.9% 3 Month 11.8% 6 Month 25.6% 1 Year 54.1% 3 Year 21% 5 Year 18.5% 10 Year 15 Year Since launch 17.1% Historical performance (Yearly) on absolute basis
Year Returns 2020 22.6% 2019 27.5% 2018 -1.1% 2017 15.5% 2016 9.8% 2015 2.5% 2014 13.1% 2013 46.7% 2012 2011 Fund Manager information for DSP BlackRock US Flexible Equity Fund
Name Since Tenure Kedar Karnik 17 Jul 16 4.71 Yr. Laukik Bagwe 3 Aug 12 8.67 Yr. Jay Kothari 1 Mar 13 8.09 Yr. Data below for DSP BlackRock US Flexible Equity Fund as on 28 Feb 21
Equity Sector Allocation
Sector Value Technology 23.23% Financial Services 13.79% Consumer Cyclical 12.74% Communication Services 12.66% Health Care 10.66% Industrials 7.58% Consumer Defensive 6.04% Basic Materials 3.32% Energy 2.69% Real Estate 1.02% Asset Allocation
Asset Class Value Cash 6.24% Equity 93.74% Debt 0.02% Top Securities Holdings / Portfolio
Name Holding Value Quantity BGF US Flexible Equity I2
Investment Fund | -95% ₹321 Cr 1,351,834
↑ 28,542 Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -5% ₹18 Cr Net Receivables/Payables
Net Current Assets | -0% -₹1 Cr 7. Franklin India Feeder - Franklin U S Opportunities Fund
CAGR/Annualized return of 19.9% since its launch. Ranked 6 in Global category. Return for 2020 was 45.2% , 2019 was 34.2% and 2018 was 6.5% . Franklin India Feeder - Franklin U S Opportunities Fund
Growth Launch Date 6 Feb 12 NAV (12 Apr 21) ₹52.9518 ↑ 0.24 (0.46 %) Net Assets (Cr) ₹2,852 on 28 Feb 21 Category Equity - Global AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆☆☆ Risk High Expense Ratio 1.56 Sharpe Ratio 1.64 Information Ratio -0.16 Alpha Ratio -0.38 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.
Date Value 31 Mar 16 ₹10,000 31 Mar 17 ₹11,162 31 Mar 18 ₹13,192 31 Mar 19 ₹15,635 31 Mar 20 ₹16,448 31 Mar 21 ₹25,298 Returns for Franklin India Feeder - Franklin U S Opportunities Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Apr 21 Duration Returns 1 Month 7.8% 3 Month 5.7% 6 Month 9.8% 1 Year 53.8% 3 Year 26.4% 5 Year 22.2% 10 Year 15 Year Since launch 19.9% Historical performance (Yearly) on absolute basis
Year Returns 2020 45.2% 2019 34.2% 2018 6.5% 2017 18.1% 2016 -0.8% 2015 8.8% 2014 8.4% 2013 55.2% 2012 2011 Fund Manager information for Franklin India Feeder - Franklin U S Opportunities Fund
Name Since Tenure Mayank Bukrediwala 24 Aug 20 0.6 Yr. Data below for Franklin India Feeder - Franklin U S Opportunities Fund as on 28 Feb 21
Equity Sector Allocation
Sector Value Technology 28.04% Health Care 16.59% Financial Services 13.59% Consumer Cyclical 12.97% Communication Services 7.86% Real Estate 4.74% Industrials 4.65% Consumer Defensive 3.12% Basic Materials 1.17% Utility 0.5% Asset Allocation
Asset Class Value Cash 2.71% Equity 93.88% Other 3.4% Top Securities Holdings / Portfolio
Name Holding Value Quantity Franklin US Opportunities I(acc)USD
Investment Fund | -100% ₹2,852 Cr 5,348,649
↑ 148,968 Call, Cash & Other Assets
Net Current Assets | -0% ₹0 Cr 8. Edelweiss Europe Dynamic Equity Off-shore Fund
CAGR/Annualized return of 5.8% since its launch. Ranked 22 in Global category. Return for 2020 was 13.5% , 2019 was 22.9% and 2018 was -12.2% . Edelweiss Europe Dynamic Equity Off-shore Fund
Growth Launch Date 7 Feb 14 NAV (13 Apr 21) ₹15.0296 ↑ 0.07 (0.44 %) Net Assets (Cr) ₹39 on 28 Feb 21 Category Equity - Global AMC Edelweiss Asset Management Limited Rating ☆☆☆ Risk High Expense Ratio 1.34 Sharpe Ratio 0.92 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.
Date Value 31 Mar 16 ₹10,000 31 Mar 17 ₹10,452 31 Mar 18 ₹11,627 31 Mar 19 ₹11,121 31 Mar 20 ₹9,687 31 Mar 21 ₹15,052 Returns for Edelweiss Europe Dynamic Equity Off-shore Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Apr 21 Duration Returns 1 Month 7.3% 3 Month 8.9% 6 Month 27.9% 1 Year 53.6% 3 Year 9.8% 5 Year 9.3% 10 Year 15 Year Since launch 5.8% Historical performance (Yearly) on absolute basis
Year Returns 2020 13.5% 2019 22.9% 2018 -12.2% 2017 12.5% 2016 -3.9% 2015 5.4% 2014 2013 2012 2011 Fund Manager information for Edelweiss Europe Dynamic Equity Off-shore Fund
Name Since Tenure Bhavesh Jain 9 Apr 18 2.98 Yr. Hardik Verma 27 Sep 19 1.51 Yr. Data below for Edelweiss Europe Dynamic Equity Off-shore Fund as on 28 Feb 21
Equity Sector Allocation
Sector Value Consumer Cyclical 18.53% Industrials 18.45% Financial Services 14.8% Technology 10.86% Health Care 9.03% Basic Materials 6.84% Consumer Defensive 5.84% Utility 4.84% Communication Services 3.88% Energy 2.79% Real Estate 0.82% Asset Allocation
Asset Class Value Cash 2.47% Equity 96.7% Debt 0% Other 0.83% Top Securities Holdings / Portfolio
Name Holding Value Quantity JPM Europe Dynamic C (acc) EUR
Investment Fund | -99% ₹38 Cr 124,294
↑ 6,433 Clearing Corporation Of India Ltd.
CBLO | -1% ₹0 Cr Net Receivables/(Payables)
Net Current Assets | -0% ₹0 Cr
Types of International Mutual Funds
1. Emerging Market Funds
This type of mutual fund invests in emerging markets like India, China, Russia, Brazil etc. China has surpassed the USA to be the world’s largest car manufacturer. Russia is a big player in natural gas. India has a fast-growing service economy base. These countries are expected to grow tremendously in the coming years making them a hot choice for investors.
Some of the best international mutual fund schemes that invest in emerging markets are Birla Sun Life International Equity Plan A, Kotak Global Emerging Market Fund and Principal Global Opportunities Fund.
Talk to our investment specialist
2. Developed Market Funds
Developed market funds are an attractive option because it is generally seen that mature markets are more stable. Also, they do not have the problems associated with emerging markets like an economy or currency risk in the economy, political instability, etc. making them less risky. Some schemes that invest in developed markets are DWS Global Thematic Offshore Fund etc.
3. Country Specific Funds
As the name suggests, this type invests only in a specific country or part of the globe. But, country-specific funds defeat the entire purpose of diversifying the portfolio since it lays all eggs in one basket. However, when there are opportunities in specific countries due to various reasons, these funds become a good choice.
Reliance Japan Equity Fund, Kotak US Equities Fund and Mirae Asset China Advantage Fund are some country-specific schemes.
4. Commodity Based Funds
These funds invest in commodities like gold, precious metals, crude oil, wheat, etc. Commodities offer diversification and also act as an Inflation hedge, thus protecting the investors. Also, these funds could be multi-commodity or focused on a single commodity.
Best commodity based international mutual funds are DSP Black Rock World Gold Fund, ING OptiMix Global Commodities, Mirae Asset Global Commodity Stocks, Birla Sun Life Commodity Equities - Global Agri Fund, etc.
5. Theme Based Funds
Theme based funds or thematic funds invest in a particular theme. For example, if the theme is infrastructure, it would invest in infrastructure construction companies as well as companies related to the infrastructure business like cement, steel, etc.
They are often confused with sectoral funds which focus only on a specific industry. For example, pharmaceutical sectoral funds would only invest in pharma companies. Compared to sector funds, thematic funds are a broader concept. This offers more diversification and less risk since the investment is spread across various industries.
Some theme based funds are DSPBR World Energy Fund, L&T Global Real Assets Fund etc.
Why to Invest in International Mutual Funds?
1. Diversification
The main motive of Investing in International Mutual Funds is diversification. Diversification helps in optimising the returns and reducing the overall risks of a portfolio. Low or negative correlations between investments make sure that the returns are not dependent on only one sector or economy. Thus, balancing the portfolio and protecting the investor.
2. Ease in Investing
You can give a global edge to your portfolio by making a direct investment in foreign markets through equities, commodities, real estate, and exchange-traded funds (ETFs) as well. Buying units of an international mutual fund are much easier and they also provide the expertise of the fund manager which is not available in the other investing avenues.
3. International Exposure
International mutual funds help in expanding the investor horizons beyond the domestic boundaries. Also, investing internationally helps set-off any losses that the investor may have incurred in the domestic market.
4. Currency Fluctuations
International Mutual Fund schemes determine the NAV (Net Asset Value) of the fund by using the prevailing exchange rate. The exchange rates fluctuate every day, or more so, every minute.
This means that for a scheme investing in US Dollars, the NAV of the scheme would be impacted as per the dollar-rupee movement. It is observed that the more the rupee depreciates, the higher are the gains. This makes international mutual funds even more attractive since the rupee is going downhill now.
5. Country Specific Exposures
If the investor wants to take complete advantage of another country’s growth, international mutual funds are the way to go. But the flip side of this would be that the portfolio is dependent solely on one economy. Hence, increasing the risk Factor.
Taxation of International Mutual Funds
Tax treatment of international mutual funds in India is similar to that of Debt fund. If the investor holds the investments short term i.e. less than 36 months, they will be included in his total Income and will be taxed as per the applicable slab rate.
If the investments are held for more than 36 months, the investor is then eligible for indexation benefits. Any gains arising from the schemes will be taxed @ 10% without indexation or 20% with indexation.
How to Invest in International Mutual Fund Online?
Open Free Investment Account for Lifetime at Fincash.com.
Complete your Registration and KYC Process
Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!
According to experts, an investor should have around 10-12% of the portfolio invested in international mutual funds. So with the basics covered now, start building up that portfolio with international mutual funds today.
FAQs
1. What are the benefits of investing in international mutual funds?
A: It diversifies your portfolio of investment, which tends to give you better & diversified returns. It also keeps your portfolio balanced. As these companies have foreign funds, you can expect your investment to produce good returns.
2. Can I invest in companies that post lower growth than India?
A: Yes, you can, but it will depend on the financial institution you are investing in. You cannot directly invest in the securities of a foreign company. You will need a broker or a financial institute to help you invest in the particular security.
3. What is the Franklin India Feeder?
A: The Franklin India Feeder or the Franklin US Opportunities Fund is one of the most successful international mutual funds. This fund allows you to invest in multiple securities of companies in the United States involved in fields like technology, healthcare, consumer cyclical, financial services, and many more such industrial sectors. These mutual funds allow you to diversify your portfolio of investments, making it easy to invest in multiple securities through a single investment. Since its launch, the Franklin India Feeder has produced returns of 19.9%.
4. What is the BlackRock World Mining Fund?
A: This is different from Franklin as it has an equity sector only in necessary materials and financial services. This is considered to be a high-risk mutual fund, but has been known to produce excellent returns. The DSP BlackRock World Mining has produced returns of nearly 34.9% for the 3- year investment period.
5. Are earnings from international mutual funds taxed?
A: Yes, Earnings from international mutual funds are taxed. Dividends that you earn from these funds are liable for Tax Deducted at Source or TDS at 7.5% till March 31, 2021, and the mutual fund house deducts it. If you have invested for 3 years, it will fall under the short-term investment, and if for more, you will have to categorize it under long-term investment. The taxation slab will also depend on the time for which the investment has been made.
6. What is the main risk of the international mutual fund?
A: The primary risk of the international mutual fund is the fluctuating nature of the foreign exchange rate. If the foreign exchange rates fluctuate compared to the rupee, it can adversely affect your investment.
7. Who should invest in a foreign mutual fund?
A: If you are looking to diversify your investment portfolio and looking to add a geographical diversification, then you could consider investing in a foreign mutual fund.
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.
AMFI Registration No. 112358 | CIN: U74999MH2016PTC282153
Shepard Technologies Pvt. Ltd. (with ARN code 112358) makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Terms and conditions of the website are applicable.
©2021 Shepard Technologies Private Limited. All Rights Reserved
Very good article I got all the required information.