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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 provide long term capital
appreciation by investing predominantly in units of Falcon Gold Equity Fund. The Scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes. The Scheme may also invest a certain portion of its corpus in debt and money market securities and/or units of debt/liquid schemes of Mutual Funds, 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. Kotak World Gold Fund is a Equity - Global fund was launched on 6 Jun 08. It is a fund with High risk and has given a Below is the key information for Kotak World Gold 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 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 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 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-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 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 Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2019 (%) Kotak World Gold Fund Growth ₹10.918
↓ -0.01 ₹50 1,000 8.6 12 37.3 3 3.4 41.2 DSP BlackRock World Gold Fund Growth ₹14.7103
↑ 0.18 ₹352 500 5.5 7.9 31 3.8 5.7 35.1 Franklin India Feeder - Franklin U S Opportunities Fund Growth ₹35.8251
↓ -0.39 ₹1,148 500 11.8 8.6 25.7 18.1 14.1 34.2 Nippon India US Equity Opportunites Fund Growth ₹17.7487
↓ -0.26 ₹79 100 7.6 9.3 24.6 17.5 31.8 ICICI Prudential US Bluechip Equity Fund Growth ₹31.86
↓ -0.42 ₹437 100 6.9 12 22.1 15.7 13.8 34.3 Principal Global Opportunities Fund Growth ₹32.5275
↓ -0.47 ₹17 2,000 8.6 11.8 19.3 11 7.7 32.5 Franklin Asian Equity Fund Growth ₹24.616
↓ -0.29 ₹138 500 10.3 9.8 17.7 11.7 8.9 28.2 DSP BlackRock US Flexible Equity Fund Growth ₹27.7897
↓ -0.59 ₹272 500 6 9.9 17.6 12 11.8 27.5 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 27 Jan 20 10 crore of more and sorted on last one year return.
1. Kotak World Gold Fund
CAGR/Annualized return of 0.8% since its launch. Ranked 15 in Global category. Return for 2019 was 41.2% , 2018 was -12.8% and 2017 was -0.6% . Kotak World Gold Fund
Growth Launch Date 6 Jun 08 NAV (27 Jan 20) ₹10.918 ↓ -0.01 (-0.13 %) Net Assets (Cr) ₹50 on 31 Dec 19 Category Equity - Global AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk High Expense Ratio 1.7 Sharpe Ratio 1.24 Information Ratio -0.96 Alpha Ratio 0.69 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 Dec 14 ₹10,000 31 Dec 15 ₹7,568 31 Dec 16 ₹10,909 31 Dec 17 ₹10,849 31 Dec 18 ₹9,460 31 Dec 19 ₹13,354 Returns for Kotak World Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jan 20 Duration Returns 1 Month 2.5% 3 Month 8.6% 6 Month 12% 1 Year 37.3% 3 Year 3% 5 Year 3.4% 10 Year 15 Year Since launch 0.8% Historical performance (Yearly) on absolute basis
Year Returns 2019 41.2% 2018 -12.8% 2017 -0.6% 2016 44.2% 2015 -24.3% 2014 -1.4% 2013 -41.3% 2012 -6.2% 2011 -4.1% 2010 32.7% Fund Manager information for Kotak World Gold Fund
Name Since Tenure Arjun Khanna 9 May 19 0.56 Yr. Data below for Kotak World Gold Fund as on 31 Dec 19
Equity Sector Allocation
Sector Value Basic Materials 95.28% Asset Allocation
Asset Class Value Cash 2.79% Equity 95.42% Other 1.79% Top Securities Holdings / Portfolio
Name Holding Value Quantity Investec GSF Glb Gold I Acc USD
Investment Fund | -97% ₹45 Cr 343,191 Triparty Repo
CBLO/Reverse Repo | -2% ₹1 Cr Net Current Assets/(Liabilities)
Net Current Assets | -1% ₹0 Cr 2. DSP BlackRock World Gold Fund
CAGR/Annualized return of 3.2% 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 (27 Jan 20) ₹14.7103 ↑ 0.18 (1.26 %) Net Assets (Cr) ₹352 on 31 Dec 19 Category Equity - Global AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆ Risk High Expense Ratio 1.67 Sharpe Ratio 1.18 Information Ratio -1.19 Alpha Ratio -0.8 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 Dec 14 ₹10,000 31 Dec 15 ₹8,154 31 Dec 16 ₹12,450 31 Dec 17 ₹11,952 31 Dec 18 ₹10,679 31 Dec 19 ₹14,427 Returns for DSP BlackRock World Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jan 20 Duration Returns 1 Month 3.1% 3 Month 5.5% 6 Month 7.9% 1 Year 31% 3 Year 3.8% 5 Year 5.7% 10 Year 15 Year Since launch 3.2% 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 6.84 Yr. Data below for DSP BlackRock World Gold Fund as on 31 Dec 19
Equity Sector Allocation
Sector Value Basic Materials 91.59% Industrials 0.58% Asset Allocation
Asset Class Value Cash 5.45% Equity 92.51% Debt 0% Other 2.04% Top Securities Holdings / Portfolio
Name Holding Value Quantity BGF World Gold I2
Investment Fund | -96% ₹339 Cr 1,279,740
↑ 22,017 Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -4% ₹14 Cr Net Receivables/Payables
Net Current Assets | -0% -₹1 Cr 3. Franklin India Feeder - Franklin U S Opportunities Fund
CAGR/Annualized return of 17.4% 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 (27 Jan 20) ₹35.8251 ↓ -0.39 (-1.09 %) Net Assets (Cr) ₹1,148 on 31 Dec 19 Category Equity - Global AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆☆☆ Risk High Expense Ratio 1.74 Sharpe Ratio 1.71 Information Ratio -0.33 Alpha Ratio -3.68 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 Dec 14 ₹10,000 31 Dec 15 ₹10,876 31 Dec 16 ₹10,792 31 Dec 17 ₹12,747 31 Dec 18 ₹13,575 31 Dec 19 ₹18,219 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 27 Jan 20 Duration Returns 1 Month 3% 3 Month 11.8% 6 Month 8.6% 1 Year 25.7% 3 Year 18.1% 5 Year 14.1% 10 Year 15 Year Since launch 17.4% 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 0.18 Yr. Data below for Franklin India Feeder - Franklin U S Opportunities Fund as on 31 Dec 19
Equity Sector Allocation
Sector Value Technology 24.11% Financial Services 17.78% Health Care 16.83% Consumer Cyclical 9.9% Communication Services 7.94% Industrials 7.93% Real Estate 6.28% Consumer Defensive 3.16% Basic Materials 0.98% Energy 0.61% Asset Allocation
Asset Class Value Cash 0.86% Equity 95.54% Other 3.6% Top Securities Holdings / Portfolio
Name Holding Value Quantity Franklin US Opportunities I(acc)USD
Investment Fund | -100% ₹1,144 Cr 3,149,367
↑ 141,801 Call, Cash & Other Assets
Receivables | -0% ₹5 Cr 4. Nippon India US Equity Opportunites Fund
CAGR/Annualized return of 13.6% 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 (27 Jan 20) ₹17.7487 ↓ -0.26 (-1.46 %) Net Assets (Cr) ₹79 on 31 Dec 19 Category Equity - Global AMC Nippon Life Asset Management Ltd. Rating Risk High Expense Ratio 2.62 Sharpe Ratio 1.99 Information Ratio 0.24 Alpha Ratio 1.72 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 Dec 15 ₹9,991 31 Dec 16 ₹10,811 31 Dec 17 ₹12,638 31 Dec 18 ₹13,609 31 Dec 19 ₹17,939 Returns for Nippon India US Equity Opportunites Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jan 20 Duration Returns 1 Month 1.2% 3 Month 7.6% 6 Month 9.3% 1 Year 24.6% 3 Year 17.5% 5 Year 10 Year 15 Year Since launch 13.6% 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 4.44 Yr. Kinjal Desai 25 May 18 1.6 Yr. Data below for Nippon India US Equity Opportunites Fund as on 31 Dec 19
Equity Sector Allocation
Sector Value Consumer Cyclical 23.67% Health Care 21.82% Communication Services 15.05% Financial Services 13.07% Technology 8.54% Energy 5.38% Asset Allocation
Asset Class Value Cash 12.48% Equity 87.52% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity Triparty Repo
CBLO/Reverse Repo | -11% ₹9 Cr Mastercard Inc A (Financial Services)
Equity, Since 31 Jul 15 | MA6% ₹5 Cr 2,252
↑ 296 IQVIA Holdings Inc (Healthcare)
Equity, Since 28 Feb 17 | IQV6% ₹5 Cr 4,246
↑ 577 Microsoft Corp (Technology)
Equity, Since 30 Nov 18 | MSFT6% ₹5 Cr 4,059
↑ 565 O'Reilly Automotive Inc (Consumer Cyclical)
Equity, Since 30 Nov 17 | ORLY6% ₹5 Cr 1,458
↑ 195 Facebook Inc A (Communication Services)
Equity, Since 31 Oct 16 | FB6% ₹4 Cr 2,978
↑ 427 Booking Holdings Inc (Consumer Cyclical)
Equity, Since 31 Jul 15 | BKNG5% ₹4 Cr 297
↑ 44 Enbridge Inc (Energy)
Equity, Since 31 Jan 18 | ENB5% ₹4 Cr 15,120
↑ 2,243 Lowe's Companies Inc (Consumer Cyclical)
Equity, Since 30 Sep 16 | LOW5% ₹4 Cr 4,958
↑ 735 Anthem Inc (Healthcare)
Equity, Since 28 Feb 18 | ANTM5% ₹4 Cr 1,718
↑ 294 5. ICICI Prudential US Bluechip Equity Fund
CAGR/Annualized return of 16.6% 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 (27 Jan 20) ₹31.86 ↓ -0.42 (-1.30 %) Net Assets (Cr) ₹437 on 31 Dec 19 Category Equity - Global AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆ Risk High Expense Ratio 2.08 Sharpe Ratio 1.7 Information Ratio 0 Alpha Ratio -4.14 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 Dec 14 ₹10,000 31 Dec 15 ₹10,068 31 Dec 16 ₹11,237 31 Dec 17 ₹12,823 31 Dec 18 ₹13,484 31 Dec 19 ₹18,103 Returns for ICICI Prudential US Bluechip Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jan 20 Duration Returns 1 Month -1.1% 3 Month 6.9% 6 Month 12% 1 Year 22.1% 3 Year 15.7% 5 Year 13.8% 10 Year 15 Year Since launch 16.6% 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 6.29 Yr. Priyanka Khandelwal 30 Jun 17 2.51 Yr. Data below for ICICI Prudential US Bluechip Equity Fund as on 31 Dec 19
Equity Sector Allocation
Sector Value Health Care 25.59% Technology 15.11% Industrials 12.3% Consumer Cyclical 12.09% Consumer Defensive 11.05% Financial Services 10.07% Communication Services 3.32% Basic Materials 2.51% Energy 2.35% Utility 1.97% Asset Allocation
Asset Class Value Cash 3.21% Equity 96.79% Top Securities Holdings / Portfolio
Name Holding Value Quantity Amazon.com Inc (Consumer Cyclical)
Equity, Since 30 Jun 16 | AMZN5% ₹22 Cr 1,633
↑ 115 Treps
CBLO/Reverse Repo | -4% ₹18 Cr Kellogg Co (Consumer Defensive)
Equity, Since 31 Dec 18 | K3% ₹13 Cr 26,185 Microchip Technology Inc (Technology)
Equity, Since 31 Dec 17 | MCHP3% ₹13 Cr 17,162 Altria Group Inc (Consumer Defensive)
Equity, Since 30 Sep 19 | MO3% ₹13 Cr 35,777
↑ 8,053 Nike Inc B (Consumer Cyclical)
Equity, Since 30 Jun 19 | NKE3% ₹13 Cr 17,537 Intel Corp (Technology)
Equity, Since 30 Sep 18 | INTC3% ₹13 Cr 29,659 Salesforce.com Inc (Technology)
Equity, Since 31 Dec 18 | CRM3% ₹13 Cr 10,889
↑ 820 Merck & Co Inc (Healthcare)
Equity, Since 30 Sep 19 | MRK3% ₹13 Cr 19,423
↑ 3,807 Berkshire Hathaway Inc A (Financial Services)
Equity, Since 30 Sep 19 | BRK.A3% ₹12 Cr 05
↑ 01 6. Principal Global Opportunities Fund
CAGR/Annualized return of 7.7% since its launch. Ranked 8 in Global category. Return for 2019 was 32.5% , 2018 was -15.5% and 2017 was 30.9% . Principal Global Opportunities Fund
Growth Launch Date 29 Mar 04 NAV (28 Jan 20) ₹32.5275 ↓ -0.47 (-1.43 %) Net Assets (Cr) ₹17 on 31 Dec 19 Category Equity - Global AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆☆☆ Risk High Expense Ratio 1.46 Sharpe Ratio 1.53 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 Dec 14 ₹10,000 31 Dec 15 ₹9,035 31 Dec 16 ₹9,946 31 Dec 17 ₹13,020 31 Dec 18 ₹11,007 31 Dec 19 ₹14,580 Returns for Principal Global Opportunities Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jan 20 Duration Returns 1 Month 1.6% 3 Month 8.6% 6 Month 11.8% 1 Year 19.3% 3 Year 11% 5 Year 7.7% 10 Year 15 Year Since launch 7.7% Historical performance (Yearly) on absolute basis
Year Returns 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% 2010 11.5% Fund Manager information for Principal Global Opportunities Fund
Name Since Tenure Rajat Jain 1 Oct 05 13.34 Yr. Data below for Principal Global Opportunities Fund as on 31 Dec 19
Equity Sector Allocation
Sector Value Technology 26.02% Industrials 20.91% Financial Services 13.66% Consumer Cyclical 13.3% Health Care 7.56% Basic Materials 5.46% Communication Services 4.59% Consumer Defensive 3.87% Energy 2.5% Utility 1.24% Real Estate 0.8% Asset Allocation
Asset Class Value Cash 0.08% Equity 99.92% Top Securities Holdings / Portfolio
Name Holding Value Quantity Principal Origin Glb Smlr Coms I Acc USD
Investment Fund | -99% ₹17 Cr 131,290 Treps 01-Jan-2020
CBLO/Reverse Repo | -4% ₹1 Cr Net Receivable / Payable
Net Current Assets | -2% ₹0 Cr 364 DTB 09012020
Sovereign Bonds | -0% ₹0 Cr 1,000 7. Franklin Asian Equity Fund
CAGR/Annualized return of 7.8% 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 (28 Jan 20) ₹24.616 ↓ -0.29 (-1.15 %) Net Assets (Cr) ₹138 on 31 Dec 19 Category Equity - Global AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆☆☆☆ Risk High Expense Ratio 2.85 Sharpe Ratio 1.49 Information Ratio -0.06 Alpha Ratio 6.87 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 Dec 14 ₹10,000 31 Dec 15 ₹9,541 31 Dec 16 ₹10,227 31 Dec 17 ₹13,854 31 Dec 18 ₹11,966 31 Dec 19 ₹15,335 Returns for Franklin Asian Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jan 20 Duration Returns 1 Month -0.6% 3 Month 10.3% 6 Month 9.8% 1 Year 17.7% 3 Year 11.7% 5 Year 8.9% 10 Year 15 Year Since launch 7.8% 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 11.88 Yr. Pyari Menon 26 Sep 19 0.18 Yr. Data below for Franklin Asian Equity Fund as on 31 Dec 19
Equity Sector Allocation
Sector Value Financial Services 27.63% Consumer Cyclical 19.88% Technology 19.37% Communication Services 7.91% Consumer Defensive 6.96% Basic Materials 4.47% Real Estate 3.66% Industrials 3.06% Energy 1.46% Health Care 0.83% Asset Allocation
Asset Class Value Equity 97.37% Other 2.63% Top Securities Holdings / Portfolio
Name Holding Value Quantity Alibaba Group Holding Ltd ADR (Consumer Cyclical)
Equity, Since 30 Sep 14 | BABA10% ₹13 Cr 9,063 Taiwan Semiconductor Manufacturing Co Ltd (Technology)
Equity, Since 31 Mar 09 | 23308% ₹11 Cr 146,714 Samsung Electronics Co Ltd (Technology)
Equity, Since 31 Mar 08 | 0059308% ₹10 Cr 32,100 Tencent Holdings Ltd (Communication Services)
Equity, Since 31 Jul 14 | 007008% ₹10 Cr 31,700 AIA Group Ltd (Financial Services)
Equity, Since 31 Mar 12 | 012997% ₹10 Cr 132,124 Ping An Insurance (Group) Co. of China Ltd Class H (Financial Services)
Equity, Since 31 Dec 14 | 023185% ₹7 Cr 80,310 HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 17 | HDFCBANK5% ₹6 Cr 49,254 Call, Cash & Other Assets
Receivables | -3% ₹3 Cr New Oriental Education & Technology Group Inc ADR (Consumer Defensive)
Equity, Since 31 Dec 16 | EDU3% ₹3 Cr 3,660 PT Bank Central Asia Tbk (Financial Services)
Equity, Since 30 Nov 12 | BBCA2% ₹3 Cr 195,429 8. DSP BlackRock US Flexible Equity Fund
CAGR/Annualized return of 14.6% since its launch. Ranked 3 in Global category. Return for 2019 was 27.5% , 2018 was -1.1% and 2017 was 15.5% . DSP BlackRock US Flexible Equity Fund
Growth Launch Date 3 Aug 12 NAV (27 Jan 20) ₹27.7897 ↓ -0.59 (-2.09 %) Net Assets (Cr) ₹272 on 31 Dec 19 Category Equity - Global AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆☆☆ Risk High Expense Ratio 1.97 Sharpe Ratio 1.66 Information Ratio -0.93 Alpha Ratio -3.03 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 Dec 14 ₹10,000 31 Dec 15 ₹10,253 31 Dec 16 ₹11,259 31 Dec 17 ₹13,005 31 Dec 18 ₹12,866 31 Dec 19 ₹16,400 Returns for DSP BlackRock US Flexible Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jan 20 Duration Returns 1 Month -0.8% 3 Month 6% 6 Month 9.9% 1 Year 17.6% 3 Year 12% 5 Year 11.8% 10 Year 15 Year Since launch 14.6% Historical performance (Yearly) on absolute basis
Year Returns 2019 27.5% 2018 -1.1% 2017 15.5% 2016 9.8% 2015 2.5% 2014 13.1% 2013 46.7% 2012 2011 2010 Fund Manager information for DSP BlackRock US Flexible Equity Fund
Name Since Tenure Kedar Karnik 17 Jul 16 3.46 Yr. Laukik Bagwe 3 Aug 12 7.41 Yr. Jay Kothari 1 Mar 13 6.84 Yr. Data below for DSP BlackRock US Flexible Equity Fund as on 31 Dec 19
Equity Sector Allocation
Sector Value Technology 22.09% Health Care 13.68% Financial Services 12.87% Communication Services 12.32% Consumer Defensive 10.62% Consumer Cyclical 9.03% Industrials 6.57% Energy 5.28% Basic Materials 1.89% Utility 1.65% Asset Allocation
Asset Class Value Cash 4.01% Equity 95.99% Top Securities Holdings / Portfolio
Name Holding Value Quantity BGF US Flexible Equity I2 USD
Investment Fund | -96% ₹261 Cr 1,396,568
↑ 25,246 Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -4% ₹11 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.
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.