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Table of Contents
- Background of International Mutual Funds in India
- Best International Mutual Funds to Invest in FY 20 - 21
- Types of International Mutual Funds
- How to Pick an International Mutual Fund?
- Why to Invest in International Mutual Funds?
- Taxation of International Mutual Funds
- How to Invest in International Mutual Fund Online?
Top 8 Equity - Global Funds
8 Best International Mutual Funds 2020
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,
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Best International Mutual Funds to Invest in FY 20 - 21
"The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in units of MLIIF - WGF. 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 units of money market/liquid schemes of DSP Merrill Lynch 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." DSP BlackRock World Gold Fund is a Equity - Global fund was launched on 14 Sep 07. It is a fund with High risk and has given a Below is the key information for DSP BlackRock World Gold 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 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 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 Below is the key information for DSP BlackRock Global Allocation 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 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 Below is the key information for ICICI Prudential US Bluechip Equity Fund 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 An open-end diversified equity fund that seeks to provide medium to long term appreciation through investments primarily in Asian Companies / sectors (excluding Japan) with long term potential across market capitalisation. Franklin Asian Equity Fund is a Equity - Global fund was launched on 16 Jan 08. It is a fund with High risk and has given a Below is the key information for Franklin Asian Equity 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 (%) 2019 (%) DSP BlackRock World Gold Fund Growth ₹22.4268
↓ -0.34 ₹539 500 27.4 53 62.9 22.9 23 35.1 Franklin India Feeder - Franklin U S Opportunities Fund Growth ₹44.6422
↑ 0.05 ₹1,844 500 21.3 22.3 37 24.6 15.8 34.2 DSP BlackRock World Mining Fund Growth ₹10.3806
↓ -0.17 ₹35 500 24.3 19.8 22.8 12.8 13.3 21.5 DSP BlackRock Global Allocation Fund Growth ₹14.7124
↓ -0.09 ₹36 500 9.6 8.9 19.9 9.6 6.9 18.3 Nippon India US Equity Opportunites Fund Growth ₹19.1994
↓ -0.02 ₹146 100 12.3 7.4 19.6 18.1 14.5 31.8 ICICI Prudential US Bluechip Equity Fund Growth ₹33.51
↓ -0.35 ₹692 100 6.1 3.8 18.9 16.6 13 34.3 Kotak Global Emerging Market Fund Growth ₹18.476
↓ -0.16 ₹84 1,000 21.8 10.2 18.7 8.5 5.8 21.4 Franklin Asian Equity Fund Growth ₹26.0559
↓ -0.12 ₹145 500 16.4 8.6 18.7 8.1 10.7 28.2 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 30 Jul 20 10 crore of more and sorted on last one year return.
1. DSP BlackRock World Gold Fund
CAGR/Annualized return of 6.5% since its launch. Ranked 11 in Global category. Return for 2019 was 35.1% , 2018 was -10.7% and 2017 was -4% . DSP BlackRock World Gold Fund
Growth Launch Date 14 Sep 07 NAV (30 Jul 20) ₹22.4268 ↓ -0.34 (-1.50 %) Net Assets (Cr) ₹539 on 30 Jun 20 Category Equity - Global AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆ Risk High Expense Ratio 1.67 Sharpe Ratio 1.01 Information Ratio -1.28 Alpha Ratio -6.74 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 Jul 15 ₹10,000 31 Jul 16 ₹20,372 31 Jul 17 ₹14,966 31 Jul 18 ₹13,741 31 Jul 19 ₹16,832 Returns for DSP BlackRock World Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Jul 20 Duration Returns 1 Month 17.4% 3 Month 27.4% 6 Month 53% 1 Year 62.9% 3 Year 22.9% 5 Year 23% 10 Year 15 Year Since launch 6.5% Historical performance (Yearly) on absolute basis
Year Returns 2019 35.1% 2018 -10.7% 2017 -4% 2016 52.7% 2015 -18.5% 2014 -3% 2013 -41.5% 2012 -5.8% 2011 -2.6% 2010 29% Fund Manager information for DSP BlackRock World Gold Fund
Name Since Tenure Jay Kothari 1 Mar 13 7.34 Yr. Data below for DSP BlackRock World Gold Fund as on 30 Jun 20
Equity Sector Allocation
Sector Value Basic Materials 90.52% Asset Allocation
Asset Class Value Cash 7.65% Equity 91.38% Debt 0.04% Other 0.93% Top Securities Holdings / Portfolio
Name Holding Value Quantity BGF World Gold I2
Investment Fund | -96% ₹515 Cr 1,470,865
↑ 30,857 Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -5% ₹27 Cr Net Receivables/Payables
Net Current Assets | -1% -₹3 Cr 2. Franklin India Feeder - Franklin U S Opportunities Fund
CAGR/Annualized return of 19.3% since its launch. Ranked 6 in Global category. Return for 2019 was 34.2% , 2018 was 6.5% and 2017 was 18.1% . Franklin India Feeder - Franklin U S Opportunities Fund
Growth Launch Date 6 Feb 12 NAV (30 Jul 20) ₹44.6422 ↑ 0.05 (0.11 %) Net Assets (Cr) ₹1,844 on 30 Jun 20 Category Equity - Global AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆☆☆ Risk High Expense Ratio 1.74 Sharpe Ratio 1.28 Information Ratio 0.14 Alpha Ratio -2.43 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 Jul 15 ₹10,000 31 Jul 16 ₹9,530 31 Jul 17 ₹10,706 31 Jul 18 ₹13,605 31 Jul 19 ₹14,941 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 30 Jul 20 Duration Returns 1 Month 5.9% 3 Month 21.3% 6 Month 22.3% 1 Year 37% 3 Year 24.6% 5 Year 15.8% 10 Year 15 Year Since launch 19.3% Historical performance (Yearly) on absolute basis
Year Returns 2019 34.2% 2018 6.5% 2017 18.1% 2016 -0.8% 2015 8.8% 2014 8.4% 2013 55.2% 2012 2011 2010 Fund Manager information for Franklin India Feeder - Franklin U S Opportunities Fund
Name Since Tenure Pyari Menon 26 Sep 19 0.76 Yr. Data below for Franklin India Feeder - Franklin U S Opportunities Fund as on 30 Jun 20
Equity Sector Allocation
Sector Value Technology 25.81% Financial Services 15.34% Health Care 15.34% Consumer Cyclical 11.6% Communication Services 8.56% Real Estate 6.06% Industrials 5.97% Consumer Defensive 2.28% Basic Materials 1.14% Asset Allocation
Asset Class Value Cash 2.9% Equity 92.1% Other 4.99% Top Securities Holdings / Portfolio
Name Holding Value Quantity Franklin US Opportunities I(acc)USD
Investment Fund | -100% ₹1,839 Cr 4,121,697
↑ 150,519 Call, Cash & Other Assets
Receivables | -0% ₹5 Cr 3. DSP BlackRock World Mining Fund
CAGR/Annualized return of 0.4% since its launch. Ranked 19 in Global category. Return for 2019 was 21.5% , 2018 was -9.4% and 2017 was 21.1% . DSP BlackRock World Mining Fund
Growth Launch Date 29 Dec 09 NAV (30 Jul 20) ₹10.3806 ↓ -0.17 (-1.59 %) Net Assets (Cr) ₹35 on 30 Jun 20 Category Equity - Global AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆ Risk High Expense Ratio 1.81 Sharpe Ratio 0.29 Information Ratio -1.5 Alpha Ratio -5.45 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 Jul 15 ₹10,000 31 Jul 16 ₹12,151 31 Jul 17 ₹13,208 31 Jul 18 ₹15,265 31 Jul 19 ₹15,072 Returns for DSP BlackRock World Mining Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Jul 20 Duration Returns 1 Month 12.2% 3 Month 24.3% 6 Month 19.8% 1 Year 22.8% 3 Year 12.8% 5 Year 13.3% 10 Year 15 Year Since launch 0.4% Historical performance (Yearly) on absolute basis
Year Returns 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% 2010 25.3% Fund Manager information for DSP BlackRock World Mining Fund
Name Since Tenure Jay Kothari 1 Mar 13 7.34 Yr. Data below for DSP BlackRock World Mining Fund as on 30 Jun 20
Equity Sector Allocation
Sector Value Basic Materials 88.78% Financial Services 1.82% Industrials 1.41% Asset Allocation
Asset Class Value Cash 6.3% Equity 92.02% Debt 0.03% Other 1.65% Top Securities Holdings / Portfolio
Name Holding Value Quantity BGF World Mining I2
Investment Fund | -96% ₹33 Cr 102,612
↑ 3,413 Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -4% ₹1 Cr Net Receivables/Payables
Net Current Assets | -0% ₹0 Cr 4. DSP BlackRock Global Allocation Fund
CAGR/Annualized return of 6.7% since its launch. Ranked 26 in Global category. Return for 2019 was 18.3% , 2018 was -1.3% and 2017 was 4.9% . DSP BlackRock Global Allocation Fund
Growth Launch Date 21 Aug 14 NAV (30 Jul 20) ₹14.7124 ↓ -0.09 (-0.58 %) Net Assets (Cr) ₹36 on 30 Jun 20 Category Equity - Global AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆ Risk High Expense Ratio 1.93 Sharpe Ratio 1.06 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 Jul 15 ₹10,000 31 Jul 16 ₹10,195 31 Jul 17 ₹10,584 31 Jul 18 ₹11,502 31 Jul 19 ₹11,628 Returns for DSP BlackRock Global Allocation Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Jul 20 Duration Returns 1 Month 4.5% 3 Month 9.6% 6 Month 8.9% 1 Year 19.9% 3 Year 9.6% 5 Year 6.9% 10 Year 15 Year Since launch 6.7% Historical performance (Yearly) on absolute basis
Year Returns 2019 18.3% 2018 -1.3% 2017 4.9% 2016 4.4% 2015 1.7% 2014 2013 2012 2011 2010 Fund Manager information for DSP BlackRock Global Allocation Fund
Name Since Tenure Kedar Karnik 17 Jul 16 3.96 Yr. Laukik Bagwe 21 Aug 14 5.86 Yr. Jay Kothari 21 Aug 14 5.86 Yr. Data below for DSP BlackRock Global Allocation Fund as on 30 Jun 20
Equity Sector Allocation
Sector Value Technology 11.33% Health Care 10.8% Consumer Cyclical 7.37% Financial Services 6.81% Communication Services 6.23% Industrials 3.97% Consumer Defensive 3.12% Basic Materials 2.66% Utility 1.63% Energy 1.44% Real Estate 0.63% Asset Allocation
Asset Class Value Cash 19.52% Equity 56.01% Debt 20.58% Other 3.88% Top Securities Holdings / Portfolio
Name Holding Value Quantity BGF Global Allocation I2 USD
Investment Fund | -96% ₹34 Cr 68,430
↑ 6,909 Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -5% ₹2 Cr Net Receivables/Payables
Net Current Assets | -0% ₹0 Cr 5. Nippon India US Equity Opportunites Fund
CAGR/Annualized return of 13.9% since its launch. Return for 2019 was 31.8% , 2018 was 7.7% and 2017 was 16.9% . Nippon India US Equity Opportunites Fund
Growth Launch Date 23 Jul 15 NAV (30 Jul 20) ₹19.1994 ↓ -0.02 (-0.10 %) Net Assets (Cr) ₹146 on 30 Jun 20 Category Equity - Global AMC Nippon Life Asset Management Ltd. Rating Risk High Expense Ratio 2.62 Sharpe Ratio 0.72 Information Ratio 0.19 Alpha Ratio -1.64 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 Jul 15 ₹10,000 31 Jul 16 ₹10,648 31 Jul 17 ₹11,949 31 Jul 18 ₹14,528 31 Jul 19 ₹16,322 Returns for Nippon India US Equity Opportunites Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Jul 20 Duration Returns 1 Month 4.1% 3 Month 12.3% 6 Month 7.4% 1 Year 19.6% 3 Year 18.1% 5 Year 14.5% 10 Year 15 Year Since launch 13.9% Historical performance (Yearly) on absolute basis
Year Returns 2019 31.8% 2018 7.7% 2017 16.9% 2016 8.2% 2015 2014 2013 2012 2011 2010 Fund Manager information for Nippon India US Equity Opportunites Fund
Name Since Tenure Anju Chhajer 23 Jul 15 4.94 Yr. Kinjal Desai 25 May 18 2.1 Yr. Data below for Nippon India US Equity Opportunites Fund as on 30 Jun 20
Equity Sector Allocation
Sector Value Consumer Cyclical 24.49% Health Care 22.3% Communication Services 16.86% Financial Services 13.55% Technology 11.68% Energy 3.98% Asset Allocation
Asset Class Value Cash 7.14% Equity 92.86% Top Securities Holdings / Portfolio
Name Holding Value Quantity Triparty Repo
CBLO/Reverse Repo | -8% ₹12 Cr Microsoft Corp (Technology)
Equity, Since 30 Nov 18 | MSFT6% ₹9 Cr 6,139
↑ 303 Amazon.com Inc (Consumer Cyclical)
Equity, Since 31 Mar 19 | AMZN6% ₹8 Cr 398
↑ 23 Lowe's Companies Inc (Consumer Cyclical)
Equity, Since 30 Sep 16 | LOW6% ₹8 Cr 8,101
↑ 434 Facebook Inc A (Communication Services)
Equity, Since 31 Oct 16 | FB6% ₹8 Cr 4,734
↑ 246 Mastercard Inc A (Financial Services)
Equity, Since 31 Jul 15 | MA5% ₹8 Cr 3,459
↑ 182 O'Reilly Automotive Inc (Consumer Cyclical)
Equity, Since 30 Nov 17 | ORLY5% ₹8 Cr 2,355
↑ 134 AmerisourceBergen Corp (Healthcare)
Equity, Since 31 May 16 | ABC5% ₹7 Cr 9,678
↑ 574 IQVIA Holdings Inc (Healthcare)
Equity, Since 28 Feb 17 | IQV5% ₹7 Cr 6,672
↑ 380 UnitedHealth Group Inc (Healthcare)
Equity, Since 31 Dec 17 | UNH5% ₹7 Cr 2,970
↑ 182 6. ICICI Prudential US Bluechip Equity Fund
CAGR/Annualized return of 16.2% since its launch. Ranked 7 in Global category. Return for 2019 was 34.3% , 2018 was 5.2% and 2017 was 14.1% . ICICI Prudential US Bluechip Equity Fund
Growth Launch Date 6 Jul 12 NAV (30 Jul 20) ₹33.51 ↓ -0.35 (-1.03 %) Net Assets (Cr) ₹692 on 30 Jun 20 Category Equity - Global AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆ Risk High Expense Ratio 2.08 Sharpe Ratio 1.18 Information Ratio -0.16 Alpha Ratio 5.91 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.
Date Value 31 Jul 15 ₹10,000 31 Jul 16 ₹10,675 31 Jul 17 ₹11,586 31 Jul 18 ₹14,215 31 Jul 19 ₹15,335 Returns for ICICI Prudential US Bluechip Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Jul 20 Duration Returns 1 Month 1.7% 3 Month 6.1% 6 Month 3.8% 1 Year 18.9% 3 Year 16.6% 5 Year 13% 10 Year 15 Year Since launch 16.2% Historical performance (Yearly) on absolute basis
Year Returns 2019 34.3% 2018 5.2% 2017 14.1% 2016 11.6% 2015 0.7% 2014 12.7% 2013 45.7% 2012 2011 2010 Fund Manager information for ICICI Prudential US Bluechip Equity Fund
Name Since Tenure Rohan Maru 19 Sep 13 6.78 Yr. Priyanka Khandelwal 30 Jun 17 3 Yr. Data below for ICICI Prudential US Bluechip Equity Fund as on 30 Jun 20
Equity Sector Allocation
Sector Value Health Care 17.44% Technology 17.01% Consumer Defensive 13.67% Industrials 12.48% Consumer Cyclical 11.84% Financial Services 11.28% Communication Services 7.16% Basic Materials 2.45% Energy 1.24% Asset Allocation
Asset Class Value Cash 5.43% Equity 94.57% Top Securities Holdings / Portfolio
Name Holding Value Quantity Treps
CBLO/Reverse Repo | -8% ₹54 Cr Amazon.com Inc (Consumer Cyclical)
Equity, Since 30 Jun 16 | AMZN4% ₹28 Cr 1,352
↓ -411 Boeing Co (Industrials)
Equity, Since 31 Mar 20 | BA3% ₹22 Cr 16,158
↑ 1,368 Constellation Brands Inc A (Consumer Defensive)
Equity, Since 31 Mar 20 | STZ3% ₹18 Cr 13,815
↑ 2,129 Microchip Technology Inc (Technology)
Equity, Since 31 Dec 17 | MCHP3% ₹18 Cr 22,379 Salesforce.com Inc (Technology)
Equity, Since 31 Dec 18 | CRM3% ₹17 Cr 12,340 ServiceNow Inc (Technology)
Equity, Since 30 Sep 19 | NOW3% ₹17 Cr 5,691
↓ -1,411 Caterpillar Inc (Industrials)
Equity, Since 31 Dec 18 | CAT3% ₹17 Cr 18,216
↑ 1,938 Tiffany & Co (Consumer Cyclical)
Equity, Since 30 Jun 20 | TIF3% ₹17 Cr 18,860
↑ 18,860 Intel Corp (Technology)
Equity, Since 30 Sep 18 | INTC3% ₹17 Cr 38,381
↑ 4,441 7. Kotak Global Emerging Market Fund
CAGR/Annualized return of 4.9% since its launch. Ranked 17 in Global category. Return for 2019 was 21.4% , 2018 was -14.4% and 2017 was 30.4% . Kotak Global Emerging Market Fund
Growth Launch Date 26 Sep 07 NAV (30 Jul 20) ₹18.476 ↓ -0.16 (-0.85 %) Net Assets (Cr) ₹84 on 30 Jun 20 Category Equity - Global AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk High Expense Ratio 1.84 Sharpe Ratio 0.4 Information Ratio -0.04 Alpha Ratio 3.56 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 Jul 15 ₹10,000 31 Jul 16 ₹9,604 31 Jul 17 ₹10,385 31 Jul 18 ₹11,982 31 Jul 19 ₹11,101 Returns for Kotak Global Emerging Market Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Jul 20 Duration Returns 1 Month 7.6% 3 Month 21.8% 6 Month 10.2% 1 Year 18.7% 3 Year 8.5% 5 Year 5.8% 10 Year 15 Year Since launch 4.9% Historical performance (Yearly) on absolute basis
Year Returns 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% 2010 10.4% Fund Manager information for Kotak Global Emerging Market Fund
Name Since Tenure Data below for Kotak Global Emerging Market Fund as on 30 Jun 20
Equity Sector Allocation
Sector Value Technology 19.19% Financial Services 19.07% Consumer Cyclical 18.17% Communication Services 13.63% Real Estate 5.04% Consumer Defensive 4.17% Industrials 3.86% Health Care 3.8% Basic Materials 3.58% Energy 1.98% Utility 1.42% Asset Allocation
Asset Class Value Cash 5.4% Equity 94.6% Top Securities Holdings / Portfolio
Name Holding Value Quantity CI Signature Emerging Markets Fund
- | -99% ₹83 Cr 463,494
↓ -3,679 Triparty Repo
CBLO/Reverse Repo | -1% ₹1 Cr Net Current Assets/(Liabilities)
Net Current Assets | -0% ₹0 Cr 8. Franklin Asian Equity Fund
CAGR/Annualized return of 7.9% since its launch. Ranked 1 in Global category. Return for 2019 was 28.2% , 2018 was -13.6% and 2017 was 35.5% . Franklin Asian Equity Fund
Growth Launch Date 16 Jan 08 NAV (31 Jul 20) ₹26.0559 ↓ -0.12 (-0.45 %) Net Assets (Cr) ₹145 on 30 Jun 20 Category Equity - Global AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆☆☆☆ Risk High Expense Ratio 2.85 Sharpe Ratio 0.35 Information Ratio -0.45 Alpha Ratio -3.44 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 Jul 15 ₹10,000 31 Jul 16 ₹10,882 31 Jul 17 ₹13,139 31 Jul 18 ₹13,993 31 Jul 19 ₹13,986 Returns for Franklin Asian Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 30 Jul 20 Duration Returns 1 Month 8.3% 3 Month 16.4% 6 Month 8.6% 1 Year 18.7% 3 Year 8.1% 5 Year 10.7% 10 Year 15 Year Since launch 7.9% Historical performance (Yearly) on absolute basis
Year Returns 2019 28.2% 2018 -13.6% 2017 35.5% 2016 7.2% 2015 -4.6% 2014 9.2% 2013 12.4% 2012 19.3% 2011 -1.6% 2010 8.1% Fund Manager information for Franklin Asian Equity Fund
Name Since Tenure Roshi Jain 16 Jan 08 12.46 Yr. Pyari Menon 26 Sep 19 0.76 Yr. Data below for Franklin Asian Equity Fund as on 30 Jun 20
Equity Sector Allocation
Sector Value Financial Services 21.34% Consumer Cyclical 19.22% Technology 18.86% Communication Services 16.52% Consumer Defensive 7.81% Basic Materials 6.08% Real Estate 4.71% Industrials 1.91% Energy 0.98% Health Care 0.69% Asset Allocation
Asset Class Value Equity 98.13% Other 1.87% Top Securities Holdings / Portfolio
Name Holding Value Quantity Tencent Holdings Ltd (Communication Services)
Equity, Since 31 Jul 14 | 0070013% ₹19 Cr 40,000 Alibaba Group Holding Ltd ADR (Consumer Cyclical)
Equity, Since 30 Sep 14 | BABA10% ₹15 Cr 9,063 Taiwan Semiconductor Manufacturing Co Ltd (Technology)
Equity, Since 31 Mar 09 | 23308% ₹12 Cr 146,714 Samsung Electronics Co Ltd (Technology)
Equity, Since 31 Mar 08 | 0059307% ₹11 Cr 32,100 AIA Group Ltd (Financial Services)
Equity, Since 31 Mar 12 | 012995% ₹8 Cr 112,524 Ping An Insurance (Group) Co. of China Ltd Class H (Financial Services)
Equity, Since 31 Dec 14 | 023184% ₹6 Cr 80,310 NAVER Corp (Communication Services)
Equity, Since 31 Jan 20 | 0354203% ₹5 Cr 2,706
↓ -841 Siam Cement PCL (Basic Materials)
Equity, Since 31 Oct 13 | SCC-F3% ₹4 Cr 45,612 New Oriental Education & Technology Group Inc ADR (Consumer Defensive)
Equity, Since 31 Dec 16 | EDU2% ₹4 Cr 3,660 HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 17 | HDFCBANK2% ₹3 Cr 30,714
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.
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.
How to Pick an International Mutual Fund?
There are certain things to be kept in mind while choosing a suitable fund.
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
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.
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.
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Very good article I got all the required information.