fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
fincash number+91-22-48913909
8 Best International Mutual Funds to Invest in 2023 | Fincash.com

Fincash » Mutual Funds » International Funds

8 Best International Mutual Funds 2023

Updated on May 25, 2023 , 175754 views

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.

Master-Feeder-Structure

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,

Multiple-Feeders

How to Pick an International Mutual Fund?

There are certain things to be kept in mind while choosing a suitable fund.

Steps-to-choose-a-fund

Best International Mutual Funds to Invest in FY 23 - 24

FundNAVNet Assets (Cr)Min SIP Investment3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2022 (%)
Principal Global Opportunities Fund Growth ₹47.4362
↓ -0.04
₹38 2,000 2.93.125.824.816.5
DSP BlackRock World Energy Fund Growth ₹17.5763
↓ -0.05
₹168 500 2.84.619.317.24.3-8.6
Invesco India Feeder- Invesco Global Equity Income Fund Growth ₹19.5567
↑ 0.15
₹16 500 2.111.218.717.78.7-2.1
Sundaram Global Advantage Fund Growth ₹25.332
↑ 0.13
₹123 100 7.813.318.612.97.6-15.4
ICICI Prudential US Bluechip Equity Fund Growth ₹48.9
↑ 0.26
₹2,560 100 4.89.81715.715-7.1
Invesco India Feeder- Invesco Pan European Equity Fund Growth ₹14.8044
↓ -0.07
₹36 500 -0.810.615.418.24.91.6
Edelweiss Europe Dynamic Equity Off-shore Fund Growth ₹16.0368
↓ -0.08
₹87 1,000 19.315.216.16.6-6
Franklin India Feeder - Franklin U S Opportunities Fund Growth ₹47.553
↑ 0.91
₹3,034 500 10.111.114.46.210.8-30.3
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 31 Dec 21
*Funds having net assets of 10 crore of more and sorted on last one year return.

1. Principal Global Opportunities Fund

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 CAGR/Annualized return of 9.2% since its launch.  Ranked 8 in Global category. .

Below is the key information for Principal Global Opportunities Fund

Principal Global Opportunities Fund
Growth
Launch Date 29 Mar 04
NAV (31 Dec 21) ₹47.4362 ↓ -0.04   (-0.09 %)
Net Assets (Cr) ₹38 on 30 Nov 21
Category Equity - Global
AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd.
Rating
Risk High
Expense Ratio 2.1
Sharpe Ratio 2.31
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.

DateValue
30 Apr 18₹10,000
30 Apr 19₹9,608
30 Apr 20₹8,973
30 Apr 21₹15,362

Principal Global 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 ₹458,689.
Net Profit of ₹158,689
Invest Now

Returns for Principal Global 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 31 Dec 21

DurationReturns
1 Month 0%
3 Month 2.9%
6 Month 3.1%
1 Year 25.8%
3 Year 24.8%
5 Year 16.5%
10 Year
15 Year
Since launch 9.2%
Historical performance (Yearly) on absolute basis
YearReturns
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
Fund Manager information for Principal Global Opportunities Fund
NameSinceTenure

Data below for Principal Global Opportunities Fund as on 30 Nov 21

Equity Sector Allocation
SectorValue
Asset Allocation
Asset ClassValue
Top Securities Holdings / Portfolio
NameHoldingValueQuantity

2. DSP BlackRock World Energy Fund

The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in the units of BlackRock Global Funds – World Energy Fund and BlackRock Global Funds – New Energy 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 Energy Fund is a Equity - Global fund was launched on 14 Aug 09. It is a fund with High risk and has given a CAGR/Annualized return of 4.2% since its launch.  Ranked 29 in Global category.  Return for 2022 was -8.6% , 2021 was 29.5% and 2020 was 0% .

Below is the key information for DSP BlackRock World Energy Fund

DSP BlackRock World Energy Fund
Growth
Launch Date 14 Aug 09
NAV (25 May 23) ₹17.5763 ↓ -0.05   (-0.28 %)
Net Assets (Cr) ₹168 on 30 Apr 23
Category Equity - Global
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk High
Expense Ratio 1.22
Sharpe Ratio 0.49
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 18₹10,000
30 Apr 19₹9,672
30 Apr 20₹7,782
30 Apr 21₹11,313
30 Apr 22₹10,826
30 Apr 23₹12,583

DSP BlackRock World Energy Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹340,450.
Net Profit of ₹40,450
Invest Now

Returns for DSP BlackRock World Energy Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 31 Dec 21

DurationReturns
1 Month -0.3%
3 Month 2.8%
6 Month 4.6%
1 Year 19.3%
3 Year 17.2%
5 Year 4.3%
10 Year
15 Year
Since launch 4.2%
Historical performance (Yearly) on absolute basis
YearReturns
2022 -8.6%
2021 29.5%
2020 0%
2019 18.2%
2018 -11.3%
2017 -1.9%
2016 22.5%
2015 -20.9%
2014 -5.5%
2013 31.2%
Fund Manager information for DSP BlackRock World Energy Fund
NameSinceTenure
Jay Kothari1 Mar 1310.17 Yr.

Data below for DSP BlackRock World Energy Fund as on 30 Apr 23

Equity Sector Allocation
SectorValue
Technology32.43%
Utility24.72%
Industrials21.95%
Basic Materials11.51%
Consumer Defensive1.91%
Asset Allocation
Asset ClassValue
Cash7.46%
Equity92.51%
Debt0.03%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
BGF Sustainable Energy I2
Investment Fund | -
98%₹165 Cr1,062,809
↑ 24,558
Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -
2%₹3 Cr
Net Receivables/Payables
CBLO | -
0%₹0 Cr

3. Invesco India Feeder- Invesco Global Equity Income Fund

(Erstwhile Invesco India Global Equity Income Fund)

To provide capital appreciation and/or income by investing predominantly in units of Invesco Global Equity Income Fund, an overseas equity fund which invests primarily in equities of companies worldwide. The Scheme may, at the discretion of Fund Manager, also invest in units of other similar Overseas Mutual Funds with similar objectives, strategy and attributes which may constitute a significant portion of its net assets.

Invesco India Feeder- Invesco Global Equity Income Fund is a Equity - Global fund was launched on 5 May 14. It is a fund with High risk and has given a CAGR/Annualized return of 7.7% since its launch.  Ranked 12 in Global category.  Return for 2022 was -2.1% , 2021 was 21% and 2020 was 7.3% .

Below is the key information for Invesco India Feeder- Invesco Global Equity Income Fund

Invesco India Feeder- Invesco Global Equity Income Fund
Growth
Launch Date 5 May 14
NAV (26 May 23) ₹19.5567 ↑ 0.15   (0.76 %)
Net Assets (Cr) ₹16 on 30 Apr 23
Category Equity - Global
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk High
Expense Ratio 0.94
Sharpe Ratio 0.47
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Apr 18₹10,000
30 Apr 19₹10,035
30 Apr 20₹9,272
30 Apr 21₹13,341
30 Apr 22₹13,123
30 Apr 23₹15,026

Invesco India Feeder- Invesco Global Equity Income 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 Invesco India Feeder- Invesco Global Equity Income Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 31 Dec 21

DurationReturns
1 Month 1.2%
3 Month 2.1%
6 Month 11.2%
1 Year 18.7%
3 Year 17.7%
5 Year 8.7%
10 Year
15 Year
Since launch 7.7%
Historical performance (Yearly) on absolute basis
YearReturns
2022 -2.1%
2021 21%
2020 7.3%
2019 24.7%
2018 -7.5%
2017 13.2%
2016 2.6%
2015 4%
2014
2013
Fund Manager information for Invesco India Feeder- Invesco Global Equity Income Fund
NameSinceTenure
Amit Nigam9 Jul 220.81 Yr.

Data below for Invesco India Feeder- Invesco Global Equity Income Fund as on 30 Apr 23

Equity Sector Allocation
SectorValue
Technology17.94%
Financial Services17.77%
Industrials13.45%
Consumer Defensive9.42%
Real Estate9.08%
Health Care7.57%
Consumer Cyclical7.52%
Communication Services4.08%
Energy2.21%
Basic Materials1.68%
Asset Allocation
Asset ClassValue
Cash3.02%
Equity90.7%
Other6.28%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Invesco Global Equity Income C USD Acc
Investment Fund | -
97%₹16 Cr17,623
↑ 685
Triparty Repo
CBLO/Reverse Repo | -
3%₹0 Cr
Net Receivables / (Payables)
CBLO | -
0%₹0 Cr

4. 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 6.1% since its launch.  Ranked 28 in Global category.  Return for 2022 was -15.4% , 2021 was 18.5% and 2020 was 21.4% .

Below is the key information for Sundaram Global Advantage Fund

Sundaram Global Advantage Fund
Growth
Launch Date 24 Aug 07
NAV (25 May 23) ₹25.332 ↑ 0.13   (0.51 %)
Net Assets (Cr) ₹123 on 30 Apr 23
Category Equity - Global
AMC Sundaram Asset Management Company Ltd
Rating
Risk High
Expense Ratio 1.52
Sharpe Ratio 0.32
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 18₹10,000
30 Apr 19₹9,803
30 Apr 20₹9,969
30 Apr 21₹13,896
30 Apr 22₹13,040
30 Apr 23₹14,474

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 ₹367,070.
Net Profit of ₹67,070
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 31 Dec 21

DurationReturns
1 Month 2.8%
3 Month 7.8%
6 Month 13.3%
1 Year 18.6%
3 Year 12.9%
5 Year 7.6%
10 Year
15 Year
Since launch 6.1%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2013 9.1%
Fund Manager information for Sundaram Global Advantage Fund
NameSinceTenure
Rohit Seksaria30 Dec 175.33 Yr.
Ashish Aggarwal1 Jan 221.33 Yr.

Data below for Sundaram Global Advantage Fund as on 30 Apr 23

Equity Sector Allocation
SectorValue
Consumer Cyclical27.65%
Technology25.77%
Communication Services11.17%
Financial Services10.62%
Consumer Defensive9.65%
Industrials4.78%
Asset Allocation
Asset ClassValue
Cash10.36%
Equity89.64%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Sundaram Global Brand Master
Investment Fund | -
96%₹118 Cr11,835,595
↓ -350,000
Reverserepo
CBLO/Reverse Repo | -
3%₹4 Cr
Treps
CBLO/Reverse Repo | -
0%₹1 Cr
Cash And Other Net Curent Assets
Net Current Assets | -
0%₹0 Cr

5. 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 15.7% since its launch.  Ranked 7 in Global category.  Return for 2022 was -7.1% , 2021 was 22.5% and 2020 was 18.6% .

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 (25 May 23) ₹48.9 ↑ 0.26   (0.53 %)
Net Assets (Cr) ₹2,560 on 30 Apr 23
Category Equity - Global
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk High
Expense Ratio 2.26
Sharpe Ratio 0.48
Information Ratio -0.3
Alpha Ratio 5.22
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 18₹10,000
30 Apr 19₹11,968
30 Apr 20₹13,425
30 Apr 21₹18,474
30 Apr 22₹17,943
30 Apr 23₹20,752

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 ₹436,710.
Net Profit of ₹136,710
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 31 Dec 21

DurationReturns
1 Month 3.4%
3 Month 4.8%
6 Month 9.8%
1 Year 17%
3 Year 15.7%
5 Year 15%
10 Year
15 Year
Since launch 15.7%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2013 45.7%
Fund Manager information for ICICI Prudential US Bluechip Equity Fund
NameSinceTenure
Rohan Maru19 Sep 139.62 Yr.
Sharmila D’mello1 Jul 220.83 Yr.

Data below for ICICI Prudential US Bluechip Equity Fund as on 30 Apr 23

Equity Sector Allocation
SectorValue
Technology28.73%
Industrials15.61%
Health Care13.13%
Communication Services11.31%
Financial Services11.26%
Consumer Cyclical9.04%
Basic Materials5.17%
Consumer Defensive3.24%
Utility0.87%
Asset Allocation
Asset ClassValue
Cash1.65%
Equity98.35%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Meta Platforms Inc Class A (Communication Services)
Equity, Since 31 Mar 21 | META
3%₹83 Cr42,070
↓ -4,922
Biogen Inc (Healthcare)
Equity, Since 31 Dec 15 | BIIB
3%₹76 Cr30,438
The Walt Disney Co (Communication Services)
Equity, Since 31 Dec 21 | DIS
3%₹74 Cr88,803
Lam Research Corp (Technology)
Equity, Since 30 Sep 21 | LRCX
3%₹70 Cr16,392
Ecolab Inc (Basic Materials)
Equity, Since 31 Mar 22 | ECL
3%₹70 Cr51,062
Comcast Corp Class A (Communication Services)
Equity, Since 31 May 20 | CMCS A
3%₹70 Cr206,024
ServiceNow Inc (Technology)
Equity, Since 31 Mar 22 | NOWW
3%₹69 Cr18,485
Veeva Systems Inc Class A (Healthcare)
Equity, Since 31 Oct 21 | VEEV
3%₹68 Cr46,566
Medtronic PLC (Healthcare)
Equity, Since 31 Dec 16 | 2M6
3%₹67 Cr90,591
Salesforce Inc (Technology)
Equity, Since 31 Dec 18 | CRM
3%₹67 Cr41,375

6. Invesco India Feeder- Invesco Pan European Equity Fund

(Erstwhile Invesco India Pan European Equity Fund)

To generate capital appreciation by investing predominantly in units of Invesco Pan European Equity Fund, an overseas equity fund which invests primarily in equity securities of European companies with an emphasis on larger companies. The Scheme may, at the discretion of Fund Manager, also invest in units of other similar Overseas Mutual Funds with similar objectives, strategy and attributes which may constitute a significant portion of its net assets.

Invesco India Feeder- Invesco Pan European Equity Fund is a Equity - Global fund was launched on 31 Jan 14. It is a fund with High risk and has given a CAGR/Annualized return of 4.3% since its launch.  Ranked 20 in Global category.  Return for 2022 was 1.6% , 2021 was 16.6% and 2020 was 1.6% .

Below is the key information for Invesco India Feeder- Invesco Pan European Equity Fund

Invesco India Feeder- Invesco Pan European Equity Fund
Growth
Launch Date 31 Jan 14
NAV (26 May 23) ₹14.8044 ↓ -0.07   (-0.49 %)
Net Assets (Cr) ₹36 on 30 Apr 23
Category Equity - Global
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk High
Expense Ratio 0.56
Sharpe Ratio 0.65
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Apr 18₹10,000
30 Apr 19₹9,134
30 Apr 20₹7,546
30 Apr 21₹10,989
30 Apr 22₹10,610
30 Apr 23₹12,807

Invesco India Feeder- Invesco Pan European 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 ₹340,450.
Net Profit of ₹40,450
Invest Now

Returns for Invesco India Feeder- Invesco Pan European 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 31 Dec 21

DurationReturns
1 Month -2.5%
3 Month -0.8%
6 Month 10.6%
1 Year 15.4%
3 Year 18.2%
5 Year 4.9%
10 Year
15 Year
Since launch 4.3%
Historical performance (Yearly) on absolute basis
YearReturns
2022 1.6%
2021 16.6%
2020 1.6%
2019 17.2%
2018 -11.2%
2017 14.8%
2016 -0.2%
2015 0.6%
2014
2013
Fund Manager information for Invesco India Feeder- Invesco Pan European Equity Fund
NameSinceTenure
Amit Nigam9 Jul 220.81 Yr.

Data below for Invesco India Feeder- Invesco Pan European Equity Fund as on 30 Apr 23

Equity Sector Allocation
SectorValue
Industrials18.45%
Financial Services15.45%
Energy10.68%
Health Care10.28%
Basic Materials9.5%
Consumer Cyclical8.11%
Utility7.18%
Consumer Defensive5.71%
Technology5.42%
Communication Services4.22%
Asset Allocation
Asset ClassValue
Cash4.97%
Equity95.02%
Debt0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Invesco Pan European Equity C EUR Acc
Investment Fund | -
97%₹35 Cr138,715
Triparty Repo
CBLO/Reverse Repo | -
3%₹1 Cr
Net Receivables / (Payables)
CBLO | -
0%₹0 Cr

7. 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 5.2% since its launch.  Ranked 22 in Global category.  Return for 2022 was -6% , 2021 was 17% and 2020 was 13.5% .

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 (25 May 23) ₹16.0368 ↓ -0.08   (-0.52 %)
Net Assets (Cr) ₹87 on 30 Apr 23
Category Equity - Global
AMC Edelweiss Asset Management Limited
Rating
Risk High
Expense Ratio 1.38
Sharpe Ratio 0.66
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 18₹10,000
30 Apr 19₹9,438
30 Apr 20₹8,758
30 Apr 21₹13,261
30 Apr 22₹12,156
30 Apr 23₹14,380

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 ₹357,992.
Net Profit of ₹57,992
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 31 Dec 21

DurationReturns
1 Month -4%
3 Month 1%
6 Month 9.3%
1 Year 15.2%
3 Year 16.1%
5 Year 6.6%
10 Year
15 Year
Since launch 5.2%
Historical performance (Yearly) on absolute basis
YearReturns
2022 -6%
2021 17%
2020 13.5%
2019 22.9%
2018 -12.2%
2017 12.5%
2016 -3.9%
2015 5.4%
2014
2013
Fund Manager information for Edelweiss Europe Dynamic Equity Off-shore Fund
NameSinceTenure
Bhavesh Jain9 Apr 185.06 Yr.
Bharat Lahoti1 Oct 211.58 Yr.

Data below for Edelweiss Europe Dynamic Equity Off-shore Fund as on 30 Apr 23

Equity Sector Allocation
SectorValue
Consumer Cyclical19.87%
Financial Services17.9%
Industrials16.53%
Consumer Defensive9.46%
Energy8.14%
Health Care7.9%
Technology4.81%
Utility4.32%
Basic Materials2.72%
Communication Services2.07%
Real Estate0%
Asset Allocation
Asset ClassValue
Cash3.24%
Equity93.72%
Debt0.04%
Other1.57%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
JPM Europe Dynamic I (acc) EUR
Investment Fund | -
99%₹86 Cr236,378
Clearing Corporation Of India Ltd.
CBLO/Reverse Repo | -
2%₹1 Cr
Net Receivables/(Payables)
CBLO | -
0%₹0 Cr
Accrued Interest
CBLO | -
0%₹0 Cr

8. 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 14.8% since its launch.  Ranked 6 in Global category.  Return for 2022 was -30.3% , 2021 was 17.9% and 2020 was 45.2% .

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 (25 May 23) ₹47.553 ↑ 0.91   (1.94 %)
Net Assets (Cr) ₹3,034 on 30 Apr 23
Category Equity - Global
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk High
Expense Ratio 1.58
Sharpe Ratio -0.13
Information Ratio -1.7
Alpha Ratio -7.95
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 18₹10,000
30 Apr 19₹11,974
30 Apr 20₹13,837
30 Apr 21₹20,055
30 Apr 22₹17,030
30 Apr 23₹17,199

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 ₹395,578.
Net Profit of ₹95,578
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 31 Dec 21

DurationReturns
1 Month 7.5%
3 Month 10.1%
6 Month 11.1%
1 Year 14.4%
3 Year 6.2%
5 Year 10.8%
10 Year
15 Year
Since launch 14.8%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2013 55.2%
Fund Manager information for Franklin India Feeder - Franklin U S Opportunities Fund
NameSinceTenure
Sandeep Manam18 Oct 211.53 Yr.

Data below for Franklin India Feeder - Franklin U S Opportunities Fund as on 30 Apr 23

Equity Sector Allocation
SectorValue
Technology32.04%
Health Care14.4%
Financial Services13.15%
Consumer Cyclical11.58%
Communication Services6.68%
Industrials4.48%
Real Estate3.85%
Consumer Defensive3.84%
Basic Materials1.85%
Utility1.13%
Asset Allocation
Asset ClassValue
Cash2.56%
Equity95.64%
Other0.97%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Franklin US Opportunities I(acc)USD
Investment Fund | -
99%₹3,001 Cr5,937,271
Call, Cash & Other Assets
Net Current Assets | -
1%₹33 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.

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.

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.

Multiple-Feeders

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?

  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

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.

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 4.2, based on 49 reviews.
POST A COMMENT

Debajit, posted on 1 Oct 19 1:39 AM

Very good article I got all the required information.

1 - 1 of 1