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8 Best International Mutual Funds 2025

Updated on August 6, 2025 , 183908 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 25 - 26

FundNAVNet Assets (Cr)Min SIP Investment3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2024 (%)
DSP World Gold Fund Growth ₹34.0465
↑ 0.59
₹1,202 500 17.937.773.535.48.215.9
Edelweiss Europe Dynamic Equity Off-shore Fund Growth ₹24.5932
↑ 0.38
₹115 1,000 9.820.732.221.815.45.4
Aditya Birla Sun Life International Equity Fund - Plan A Growth ₹43.023
↓ -0.05
₹215 1,000 14.21631.513.3127.4
DSP US Flexible Equity Fund Growth ₹67.3209
↑ 0.94
₹935 500 23.38.528.618.116.917.8
Invesco India Feeder- Invesco Global Equity Income Fund Growth ₹30.598
↓ -0.14
₹49 500 11.69.927.32118.413.7
Franklin India Feeder - Franklin U S Opportunities Fund Growth ₹78.6056
↑ 0.21
₹4,073 500 16.31.825.517.911.527.1
Kotak Global Emerging Market Fund Growth ₹26.832
↑ 0.29
₹100 1,000 16.715.424.312.17.55.9
Invesco India Feeder- Invesco Pan European Equity Fund Growth ₹19.7048
↑ 0.12
₹52 500 9.716.123.417.314.4-5.1
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 7 Aug 25

Research Highlights & Commentary of 8 Funds showcased

CommentaryDSP World Gold FundEdelweiss Europe Dynamic Equity Off-shore FundAditya Birla Sun Life International Equity Fund - Plan ADSP US Flexible Equity FundInvesco India Feeder- Invesco Global Equity Income FundFranklin India Feeder - Franklin U S Opportunities FundKotak Global Emerging Market Fund Invesco India Feeder- Invesco Pan European Equity Fund
Point 1Top quartile AUM (₹1,202 Cr).Lower mid AUM (₹115 Cr).Upper mid AUM (₹215 Cr).Upper mid AUM (₹935 Cr).Bottom quartile AUM (₹49 Cr).Highest AUM (₹4,073 Cr).Lower mid AUM (₹100 Cr).Bottom quartile AUM (₹52 Cr).
Point 2Oldest track record among peers (17 yrs).Established history (11+ yrs).Established history (17+ yrs).Established history (13+ yrs).Established history (11+ yrs).Established history (13+ yrs).Established history (17+ yrs).Established history (11+ yrs).
Point 3Rating: 3★ (upper mid).Rating: 3★ (upper mid).Rating: 2★ (bottom quartile).Top rated.Rating: 3★ (lower mid).Rating: 4★ (top quartile).Rating: 3★ (lower mid).Rating: 3★ (bottom quartile).
Point 4Risk profile: High.Risk profile: High.Risk profile: High.Risk profile: High.Risk profile: High.Risk profile: High.Risk profile: High.Risk profile: High.
Point 55Y return: 8.19% (bottom quartile).5Y return: 15.44% (upper mid).5Y return: 11.98% (lower mid).5Y return: 16.91% (top quartile).5Y return: 18.44% (top quartile).5Y return: 11.45% (lower mid).5Y return: 7.55% (bottom quartile).5Y return: 14.41% (upper mid).
Point 63Y return: 35.39% (top quartile).3Y return: 21.79% (top quartile).3Y return: 13.27% (bottom quartile).3Y return: 18.11% (upper mid).3Y return: 20.96% (upper mid).3Y return: 17.95% (lower mid).3Y return: 12.09% (bottom quartile).3Y return: 17.33% (lower mid).
Point 71Y return: 73.50% (top quartile).1Y return: 32.19% (top quartile).1Y return: 31.47% (upper mid).1Y return: 28.64% (upper mid).1Y return: 27.32% (lower mid).1Y return: 25.53% (lower mid).1Y return: 24.33% (bottom quartile).1Y return: 23.40% (bottom quartile).
Point 8Alpha: 1.97 (top quartile).Alpha: 0.00 (upper mid).Alpha: 6.87 (top quartile).Alpha: -4.34 (bottom quartile).Alpha: 0.00 (upper mid).Alpha: -6.53 (bottom quartile).Alpha: -3.67 (lower mid).Alpha: 0.00 (lower mid).
Point 9Sharpe: 1.80 (top quartile).Sharpe: 1.48 (top quartile).Sharpe: 1.38 (upper mid).Sharpe: 0.51 (bottom quartile).Sharpe: 1.23 (upper mid).Sharpe: 0.38 (bottom quartile).Sharpe: 0.56 (lower mid).Sharpe: 0.85 (lower mid).
Point 10Information ratio: -0.35 (upper mid).Information ratio: 0.00 (top quartile).Information ratio: -1.19 (bottom quartile).Information ratio: -0.49 (lower mid).Information ratio: 0.00 (top quartile).Information ratio: -1.50 (bottom quartile).Information ratio: -0.67 (lower mid).Information ratio: 0.00 (upper mid).

DSP World Gold Fund

  • Top quartile AUM (₹1,202 Cr).
  • Oldest track record among peers (17 yrs).
  • Rating: 3★ (upper mid).
  • Risk profile: High.
  • 5Y return: 8.19% (bottom quartile).
  • 3Y return: 35.39% (top quartile).
  • 1Y return: 73.50% (top quartile).
  • Alpha: 1.97 (top quartile).
  • Sharpe: 1.80 (top quartile).
  • Information ratio: -0.35 (upper mid).

Edelweiss Europe Dynamic Equity Off-shore Fund

  • Lower mid AUM (₹115 Cr).
  • Established history (11+ yrs).
  • Rating: 3★ (upper mid).
  • Risk profile: High.
  • 5Y return: 15.44% (upper mid).
  • 3Y return: 21.79% (top quartile).
  • 1Y return: 32.19% (top quartile).
  • Alpha: 0.00 (upper mid).
  • Sharpe: 1.48 (top quartile).
  • Information ratio: 0.00 (top quartile).

Aditya Birla Sun Life International Equity Fund - Plan A

  • Upper mid AUM (₹215 Cr).
  • Established history (17+ yrs).
  • Rating: 2★ (bottom quartile).
  • Risk profile: High.
  • 5Y return: 11.98% (lower mid).
  • 3Y return: 13.27% (bottom quartile).
  • 1Y return: 31.47% (upper mid).
  • Alpha: 6.87 (top quartile).
  • Sharpe: 1.38 (upper mid).
  • Information ratio: -1.19 (bottom quartile).

DSP US Flexible Equity Fund

  • Upper mid AUM (₹935 Cr).
  • Established history (13+ yrs).
  • Top rated.
  • Risk profile: High.
  • 5Y return: 16.91% (top quartile).
  • 3Y return: 18.11% (upper mid).
  • 1Y return: 28.64% (upper mid).
  • Alpha: -4.34 (bottom quartile).
  • Sharpe: 0.51 (bottom quartile).
  • Information ratio: -0.49 (lower mid).

Invesco India Feeder- Invesco Global Equity Income Fund

  • Bottom quartile AUM (₹49 Cr).
  • Established history (11+ yrs).
  • Rating: 3★ (lower mid).
  • Risk profile: High.
  • 5Y return: 18.44% (top quartile).
  • 3Y return: 20.96% (upper mid).
  • 1Y return: 27.32% (lower mid).
  • Alpha: 0.00 (upper mid).
  • Sharpe: 1.23 (upper mid).
  • Information ratio: 0.00 (top quartile).

Franklin India Feeder - Franklin U S Opportunities Fund

  • Highest AUM (₹4,073 Cr).
  • Established history (13+ yrs).
  • Rating: 4★ (top quartile).
  • Risk profile: High.
  • 5Y return: 11.45% (lower mid).
  • 3Y return: 17.95% (lower mid).
  • 1Y return: 25.53% (lower mid).
  • Alpha: -6.53 (bottom quartile).
  • Sharpe: 0.38 (bottom quartile).
  • Information ratio: -1.50 (bottom quartile).

Kotak Global Emerging Market Fund

  • Lower mid AUM (₹100 Cr).
  • Established history (17+ yrs).
  • Rating: 3★ (lower mid).
  • Risk profile: High.
  • 5Y return: 7.55% (bottom quartile).
  • 3Y return: 12.09% (bottom quartile).
  • 1Y return: 24.33% (bottom quartile).
  • Alpha: -3.67 (lower mid).
  • Sharpe: 0.56 (lower mid).
  • Information ratio: -0.67 (lower mid).

Invesco India Feeder- Invesco Pan European Equity Fund

  • Bottom quartile AUM (₹52 Cr).
  • Established history (11+ yrs).
  • Rating: 3★ (bottom quartile).
  • Risk profile: High.
  • 5Y return: 14.41% (upper mid).
  • 3Y return: 17.33% (lower mid).
  • 1Y return: 23.40% (bottom quartile).
  • Alpha: 0.00 (lower mid).
  • Sharpe: 0.85 (lower mid).
  • Information ratio: 0.00 (upper mid).
*Funds having net assets of 10 crore of more and sorted on last one year return.

1. DSP World Gold Fund

"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."

Research Highlights for DSP World Gold Fund

  • Top quartile AUM (₹1,202 Cr).
  • Oldest track record among peers (17 yrs).
  • Rating: 3★ (upper mid).
  • Risk profile: High.
  • 5Y return: 8.19% (bottom quartile).
  • 3Y return: 35.39% (top quartile).
  • 1Y return: 73.50% (top quartile).
  • Alpha: 1.97 (top quartile).
  • Sharpe: 1.80 (top quartile).
  • Information ratio: -0.35 (upper mid).
  • Higher exposure to Basic Materials vs peer median.
  • Top bond sector: Cash Equivalent.
  • Equity-heavy allocation (~95%).
  • Largest holding BGF World Gold I2 (~77.8%).
  • Top-3 holdings concentration ~100.3%.

Below is the key information for DSP World Gold Fund

DSP World Gold Fund
Growth
Launch Date 14 Sep 07
NAV (07 Aug 25) ₹34.0465 ↑ 0.59   (1.76 %)
Net Assets (Cr) ₹1,202 on 30 Jun 25
Category Equity - Global
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk High
Expense Ratio 1.35
Sharpe Ratio 1.8
Information Ratio -0.35
Alpha Ratio 1.97
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
31 Jul 20₹10,000
31 Jul 21₹8,272
31 Jul 22₹6,099
31 Jul 23₹7,748
31 Jul 24₹9,223
31 Jul 25₹13,652

DSP World Gold 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 DSP World Gold Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Aug 25

DurationReturns
1 Month 11.1%
3 Month 17.9%
6 Month 37.7%
1 Year 73.5%
3 Year 35.4%
5 Year 8.2%
10 Year
15 Year
Since launch 7.1%
Historical performance (Yearly) on absolute basis
YearReturns
2024 15.9%
2023 7%
2022 -7.7%
2021 -9%
2020 31.4%
2019 35.1%
2018 -10.7%
2017 -4%
2016 52.7%
2015 -18.5%
Fund Manager information for DSP World Gold Fund
NameSinceTenure
Jay Kothari1 Mar 1312.43 Yr.

Data below for DSP World Gold Fund as on 30 Jun 25

Equity Sector Allocation
SectorValue
Basic Materials94.86%
Asset Allocation
Asset ClassValue
Cash2.29%
Equity95.12%
Debt0.02%
Other2.57%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
BGF World Gold I2
Investment Fund | -
78%₹935 Cr1,610,898
↓ -37,716
VanEck Gold Miners ETF
- | GDX
21%₹255 Cr573,719
Treps / Reverse Repo Investments
CBLO/Reverse Repo | -
1%₹14 Cr
Net Receivables/Payables
CBLO | -
0%-₹3 Cr

2. 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.

Research Highlights for Edelweiss Europe Dynamic Equity Off-shore Fund

  • Lower mid AUM (₹115 Cr).
  • Established history (11+ yrs).
  • Rating: 3★ (upper mid).
  • Risk profile: High.
  • 5Y return: 15.44% (upper mid).
  • 3Y return: 21.79% (top quartile).
  • 1Y return: 32.19% (top quartile).
  • Alpha: 0.00 (upper mid).
  • Sharpe: 1.48 (top quartile).
  • Information ratio: 0.00 (top quartile).
  • Top sector: Financial Services.
  • Top bond sector: Cash Equivalent.
  • Equity-heavy allocation (~91%).
  • Largest holding JPM Europe Dynamic I (acc) EUR (~98.1%).
  • Top-3 holdings concentration ~100.0%.

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 (07 Aug 25) ₹24.5932 ↑ 0.38   (1.59 %)
Net Assets (Cr) ₹115 on 30 Jun 25
Category Equity - Global
AMC Edelweiss Asset Management Limited
Rating
Risk High
Expense Ratio 1.38
Sharpe Ratio 1.48
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
31 Jul 20₹10,000
31 Jul 21₹13,282
31 Jul 22₹11,571
31 Jul 23₹14,128
31 Jul 24₹16,222
31 Jul 25₹20,430

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 ₹447,579.
Net Profit of ₹147,579
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 7 Aug 25

DurationReturns
1 Month 1%
3 Month 9.8%
6 Month 20.7%
1 Year 32.2%
3 Year 21.8%
5 Year 15.4%
10 Year
15 Year
Since launch 8.1%
Historical performance (Yearly) on absolute basis
YearReturns
2024 5.4%
2023 17.3%
2022 -6%
2021 17%
2020 13.5%
2019 22.9%
2018 -12.2%
2017 12.5%
2016 -3.9%
2015 5.4%
Fund Manager information for Edelweiss Europe Dynamic Equity Off-shore Fund
NameSinceTenure
Bhavesh Jain9 Apr 187.32 Yr.
Bharat Lahoti1 Oct 213.83 Yr.

Data below for Edelweiss Europe Dynamic Equity Off-shore Fund as on 30 Jun 25

Equity Sector Allocation
SectorValue
Financial Services22.45%
Industrials14.46%
Health Care10.08%
Consumer Cyclical9.88%
Technology8.43%
Consumer Defensive7.3%
Energy6.01%
Communication Services4.97%
Utility3.91%
Basic Materials3.62%
Real Estate0%
Asset Allocation
Asset ClassValue
Cash7.41%
Equity91.12%
Debt0.07%
Other1.41%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
JPM Europe Dynamic I (acc) EUR
Investment Fund | -
98%₹113 Cr208,760
↑ 4,145
Net Receivables/(Payables)
CBLO | -
2%₹2 Cr

3. Aditya Birla Sun Life International Equity Fund - Plan A

An Open-ended diversified equity scheme with an objective to generate long-term growth of capital, by investing predominantly in a diversified portfolio of equity and equity related securities in the international markets

Research Highlights for Aditya Birla Sun Life International Equity Fund - Plan A

  • Upper mid AUM (₹215 Cr).
  • Established history (17+ yrs).
  • Rating: 2★ (bottom quartile).
  • Risk profile: High.
  • 5Y return: 11.98% (lower mid).
  • 3Y return: 13.27% (bottom quartile).
  • 1Y return: 31.47% (upper mid).
  • Alpha: 6.87 (top quartile).
  • Sharpe: 1.38 (upper mid).
  • Information ratio: -1.19 (bottom quartile).
  • Top sector: Technology.
  • Top bond sector: Cash Equivalent.
  • Equity-heavy allocation (~93%).
  • Largest holding NVIDIA Corp (~6.8%).

Below is the key information for Aditya Birla Sun Life International Equity Fund - Plan A

Aditya Birla Sun Life International Equity Fund - Plan A
Growth
Launch Date 31 Oct 07
NAV (07 Aug 25) ₹43.023 ↓ -0.05   (-0.11 %)
Net Assets (Cr) ₹215 on 30 Jun 25
Category Equity - Global
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk High
Expense Ratio 2.5
Sharpe Ratio 1.38
Information Ratio -1.19
Alpha Ratio 6.87
Min Investment 1,000
Min SIP Investment 1,000
Exit Load 0-365 Days (1%),365 Days and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Jul 20₹10,000
31 Jul 21₹12,718
31 Jul 22₹12,098
31 Jul 23₹13,334
31 Jul 24₹14,038
31 Jul 25₹17,663

Aditya Birla Sun Life International Equity Fund - Plan A SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹405,518.
Net Profit of ₹105,518
Invest Now

Returns for Aditya Birla Sun Life International Equity Fund - Plan A

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Aug 25

DurationReturns
1 Month 4.8%
3 Month 14.2%
6 Month 16%
1 Year 31.5%
3 Year 13.3%
5 Year 12%
10 Year
15 Year
Since launch 8.6%
Historical performance (Yearly) on absolute basis
YearReturns
2024 7.4%
2023 8.6%
2022 -2.1%
2021 13.5%
2020 13.2%
2019 24.7%
2018 4.1%
2017 13.5%
2016 -2.1%
2015 0%
Fund Manager information for Aditya Birla Sun Life International Equity Fund - Plan A
NameSinceTenure
Dhaval Joshi21 Nov 222.69 Yr.

Data below for Aditya Birla Sun Life International Equity Fund - Plan A as on 30 Jun 25

Equity Sector Allocation
SectorValue
Technology22.56%
Industrials21.46%
Financial Services17.85%
Health Care8.01%
Consumer Cyclical7.66%
Consumer Defensive6.41%
Communication Services5.4%
Basic Materials2.03%
Utility1.14%
Asset Allocation
Asset ClassValue
Cash7.49%
Equity92.51%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
NVIDIA Corp (Technology)
Equity, Since 30 Jun 25 | NVDA
7%₹15 Cr10,800
↑ 10,800
Allegro.EU SA Ordinary Shares (Consumer Cyclical)
Equity, Since 31 Aug 24 | ALE
3%₹7 Cr80,700
Microsoft Corp (Technology)
Equity, Since 30 Jun 25 | MSFT
3%₹6 Cr1,450
↑ 1,450
Apple Inc (Technology)
Equity, Since 30 Jun 25 | AAPL
3%₹6 Cr3,400
↑ 3,400
Amazon.com Inc (Consumer Cyclical)
Equity, Since 30 Jun 25 | AMZN
3%₹6 Cr3,100
↑ 3,100
Meta Platforms Inc Class A (Communication Services)
Equity, Since 30 Jun 25 | META
3%₹6 Cr900
↑ 900
Brambles Ltd (Industrials)
Equity, Since 31 Aug 24 | BXB
2%₹5 Cr38,800
Bawag Group AG Ordinary Shares (Financial Services)
Equity, Since 30 Jun 25 | BG
2%₹5 Cr4,400
↑ 4,400
Airbus SE (Industrials)
Equity, Since 31 Oct 21 | AIR
2%₹5 Cr2,600
Prudential PLC (Financial Services)
Equity, Since 30 Jun 25 | PRU
2%₹5 Cr42,000
↑ 42,000

4. DSP US Flexible Equity Fund

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

Research Highlights for DSP US Flexible Equity Fund

  • Upper mid AUM (₹935 Cr).
  • Established history (13+ yrs).
  • Top rated.
  • Risk profile: High.
  • 5Y return: 16.91% (top quartile).
  • 3Y return: 18.11% (upper mid).
  • 1Y return: 28.64% (upper mid).
  • Alpha: -4.34 (bottom quartile).
  • Sharpe: 0.51 (bottom quartile).
  • Information ratio: -0.49 (lower mid).
  • Higher exposure to Technology vs peer median.
  • Top bond sector: Cash Equivalent.
  • Equity-heavy allocation (~97%).
  • Largest holding BGF US Flexible Equity I2 (~99.0%).
  • Top-3 holdings concentration ~100.5%.

Below is the key information for DSP US Flexible Equity Fund

DSP US Flexible Equity Fund
Growth
Launch Date 3 Aug 12
NAV (07 Aug 25) ₹67.3209 ↑ 0.94   (1.41 %)
Net Assets (Cr) ₹935 on 30 Jun 25
Category Equity - Global
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk High
Expense Ratio 1.54
Sharpe Ratio 0.51
Information Ratio -0.49
Alpha Ratio -4.34
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
31 Jul 20₹10,000
31 Jul 21₹13,573
31 Jul 22₹13,604
31 Jul 23₹15,552
31 Jul 24₹18,096
31 Jul 25₹22,334

DSP US Flexible Equity Fund SIP Returns

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

Returns for DSP US Flexible Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Aug 25

DurationReturns
1 Month 6.1%
3 Month 23.3%
6 Month 8.5%
1 Year 28.6%
3 Year 18.1%
5 Year 16.9%
10 Year
15 Year
Since launch 15.8%
Historical performance (Yearly) on absolute basis
YearReturns
2024 17.8%
2023 22%
2022 -5.9%
2021 24.2%
2020 22.6%
2019 27.5%
2018 -1.1%
2017 15.5%
2016 9.8%
2015 2.5%
Fund Manager information for DSP US Flexible Equity Fund
NameSinceTenure
Jay Kothari1 Mar 1312.43 Yr.

Data below for DSP US Flexible Equity Fund as on 30 Jun 25

Equity Sector Allocation
SectorValue
Technology29.89%
Financial Services18.33%
Communication Services15.27%
Health Care11.49%
Consumer Cyclical8.28%
Industrials7.34%
Basic Materials3.19%
Energy2.87%
Asset Allocation
Asset ClassValue
Cash3.31%
Equity96.66%
Debt0.03%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
BGF US Flexible Equity I2
Investment Fund | -
99%₹925 Cr2,024,037
↓ -14,352
Treps / Reverse Repo Investments
CBLO/Reverse Repo | -
1%₹12 Cr
Net Receivables/Payables
CBLO | -
0%-₹2 Cr

5. 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.

Research Highlights for Invesco India Feeder- Invesco Global Equity Income Fund

  • Bottom quartile AUM (₹49 Cr).
  • Established history (11+ yrs).
  • Rating: 3★ (lower mid).
  • Risk profile: High.
  • 5Y return: 18.44% (top quartile).
  • 3Y return: 20.96% (upper mid).
  • 1Y return: 27.32% (lower mid).
  • Alpha: 0.00 (upper mid).
  • Sharpe: 1.23 (upper mid).
  • Information ratio: 0.00 (top quartile).
  • Higher exposure to Industrials vs peer median.
  • Top bond sector: Cash Equivalent.
  • Equity-heavy allocation (~89%).
  • Largest holding Invesco Global Equity Income C USD Acc (~96.0%).
  • Top-3 holdings concentration ~108.2%.

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 (08 Aug 25) ₹30.598 ↓ -0.14   (-0.46 %)
Net Assets (Cr) ₹49 on 30 Jun 25
Category Equity - Global
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk High
Expense Ratio 1.4
Sharpe Ratio 1.23
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
31 Jul 20₹10,000
31 Jul 21₹13,499
31 Jul 22₹13,265
31 Jul 23₹16,447
31 Jul 24₹19,212
31 Jul 25₹23,901

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 ₹481,656.
Net Profit of ₹181,656
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 7 Aug 25

DurationReturns
1 Month -0.1%
3 Month 11.6%
6 Month 9.9%
1 Year 27.3%
3 Year 21%
5 Year 18.4%
10 Year
15 Year
Since launch 10.4%
Historical performance (Yearly) on absolute basis
YearReturns
2024 13.7%
2023 27%
2022 -2.1%
2021 21%
2020 7.3%
2019 24.7%
2018 -7.5%
2017 13.2%
2016 2.6%
2015 4%
Fund Manager information for Invesco India Feeder- Invesco Global Equity Income Fund
NameSinceTenure
Sagar Gandhi1 Mar 250.42 Yr.

Data below for Invesco India Feeder- Invesco Global Equity Income Fund as on 30 Jun 25

Equity Sector Allocation
SectorValue
Industrials23.18%
Technology20.89%
Financial Services15.97%
Health Care6.75%
Consumer Cyclical6.15%
Consumer Defensive4.92%
Real Estate3.65%
Communication Services2.68%
Energy2.27%
Basic Materials2.1%
Asset Allocation
Asset ClassValue
Cash4.9%
Equity88.56%
Other6.54%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Invesco Global Equity Income C USD Acc
Investment Fund | -
96%₹47 Cr32,078
↑ 2,736
Triparty Repo
CBLO/Reverse Repo | -
8%₹4 Cr
Net Receivables / (Payables)
CBLO | -
4%-₹2 Cr

6. 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.

Research Highlights for Franklin India Feeder - Franklin U S Opportunities Fund

  • Highest AUM (₹4,073 Cr).
  • Established history (13+ yrs).
  • Rating: 4★ (top quartile).
  • Risk profile: High.
  • 5Y return: 11.45% (lower mid).
  • 3Y return: 17.95% (lower mid).
  • 1Y return: 25.53% (lower mid).
  • Alpha: -6.53 (bottom quartile).
  • Sharpe: 0.38 (bottom quartile).
  • Information ratio: -1.50 (bottom quartile).
  • Higher exposure to Technology vs peer median.
  • Top bond sector: Cash Equivalent.
  • Equity-heavy allocation (~97%).
  • Largest holding Franklin US Opportunities I(acc)USD (~98.7%).
  • Top-3 holdings concentration ~100.0%.

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 (08 Aug 25) ₹78.6056 ↑ 0.21   (0.27 %)
Net Assets (Cr) ₹4,073 on 30 Jun 25
Category Equity - Global
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk High
Expense Ratio 1.52
Sharpe Ratio 0.38
Information Ratio -1.5
Alpha Ratio -6.53
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
31 Jul 20₹10,000
31 Jul 21₹13,004
31 Jul 22₹10,342
31 Jul 23₹11,735
31 Jul 24₹14,717
31 Jul 25₹17,499

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 ₹405,518.
Net Profit of ₹105,518
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 7 Aug 25

DurationReturns
1 Month 3.2%
3 Month 16.3%
6 Month 1.8%
1 Year 25.5%
3 Year 17.9%
5 Year 11.5%
10 Year
15 Year
Since launch 16.5%
Historical performance (Yearly) on absolute basis
YearReturns
2024 27.1%
2023 37.9%
2022 -30.3%
2021 17.9%
2020 45.2%
2019 34.2%
2018 6.5%
2017 18.1%
2016 -0.8%
2015 8.8%
Fund Manager information for Franklin India Feeder - Franklin U S Opportunities Fund
NameSinceTenure
Sandeep Manam18 Oct 213.79 Yr.

Data below for Franklin India Feeder - Franklin U S Opportunities Fund as on 30 Jun 25

Equity Sector Allocation
SectorValue
Technology36.12%
Communication Services18.66%
Consumer Cyclical11.27%
Industrials8.95%
Health Care7.77%
Financial Services6.96%
Basic Materials2.2%
Consumer Defensive2.19%
Real Estate0.59%
Asset Allocation
Asset ClassValue
Cash1.42%
Equity97.25%
Other0.32%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Franklin US Opportunities I(acc)USD
Investment Fund | -
99%₹4,019 Cr4,616,968
↓ -9,090
Call, Cash & Other Assets
CBLO | -
1%₹53 Cr

7. Kotak Global Emerging Market Fund

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

Research Highlights for Kotak Global Emerging Market Fund

  • Lower mid AUM (₹100 Cr).
  • Established history (17+ yrs).
  • Rating: 3★ (lower mid).
  • Risk profile: High.
  • 5Y return: 7.55% (bottom quartile).
  • 3Y return: 12.09% (bottom quartile).
  • 1Y return: 24.33% (bottom quartile).
  • Alpha: -3.67 (lower mid).
  • Sharpe: 0.56 (lower mid).
  • Information ratio: -0.67 (lower mid).
  • Higher exposure to Financial Services vs peer median.
  • Top bond sector: Cash Equivalent.
  • Equity-heavy allocation (~97%).
  • Largest holding CI Emerging Markets Class A (~98.0%).
  • Top-3 holdings concentration ~101.6%.

Below is the key information for Kotak Global Emerging Market Fund

Kotak Global Emerging Market Fund
Growth
Launch Date 26 Sep 07
NAV (07 Aug 25) ₹26.832 ↑ 0.29   (1.10 %)
Net Assets (Cr) ₹100 on 30 Jun 25
Category Equity - Global
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk High
Expense Ratio 1.66
Sharpe Ratio 0.57
Information Ratio -0.67
Alpha Ratio -3.67
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Jul 20₹10,000
31 Jul 21₹12,201
31 Jul 22₹10,336
31 Jul 23₹11,304
31 Jul 24₹12,049
31 Jul 25₹14,256

Kotak Global Emerging Market Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹367,070.
Net Profit of ₹67,070
Invest Now

Returns for Kotak Global Emerging Market Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Aug 25

DurationReturns
1 Month 5.4%
3 Month 16.7%
6 Month 15.4%
1 Year 24.3%
3 Year 12.1%
5 Year 7.5%
10 Year
15 Year
Since launch 5.7%
Historical performance (Yearly) on absolute basis
YearReturns
2024 5.9%
2023 10.8%
2022 -15%
2021 -0.5%
2020 29.1%
2019 21.4%
2018 -14.4%
2017 30.4%
2016 -1.2%
2015 -4.6%
Fund Manager information for Kotak Global Emerging Market Fund
NameSinceTenure
Arjun Khanna9 May 196.23 Yr.

Data below for Kotak Global Emerging Market Fund as on 30 Jun 25

Equity Sector Allocation
SectorValue
Financial Services24%
Technology23.74%
Consumer Cyclical19.32%
Communication Services8.35%
Basic Materials6.89%
Energy5.15%
Industrials3.53%
Health Care2.7%
Consumer Defensive1.35%
Utility1.15%
Asset Allocation
Asset ClassValue
Cash3.3%
Equity96.7%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
CI Emerging Markets Class A
Investment Fund | -
98%₹98 Cr427,733
↓ -306
Triparty Repo
CBLO/Reverse Repo | -
3%₹3 Cr
Net Current Assets/(Liabilities)
Net Current Assets | -
1%-₹1 Cr

8. 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.

Research Highlights for Invesco India Feeder- Invesco Pan European Equity Fund

  • Bottom quartile AUM (₹52 Cr).
  • Established history (11+ yrs).
  • Rating: 3★ (bottom quartile).
  • Risk profile: High.
  • 5Y return: 14.41% (upper mid).
  • 3Y return: 17.33% (lower mid).
  • 1Y return: 23.40% (bottom quartile).
  • Alpha: 0.00 (lower mid).
  • Sharpe: 0.85 (lower mid).
  • Information ratio: 0.00 (upper mid).
  • Higher exposure to Industrials vs peer median.
  • Top bond sector: Cash Equivalent.
  • Equity-heavy allocation (~96%).
  • Largest holding Invesco Pan European Equity C EUR Acc (~96.9%).
  • Top-3 holdings concentration ~100.6%.

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 (08 Aug 25) ₹19.7048 ↑ 0.12   (0.63 %)
Net Assets (Cr) ₹52 on 30 Jun 25
Category Equity - Global
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk High
Expense Ratio 0.96
Sharpe Ratio 0.85
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
31 Jul 20₹10,000
31 Jul 21₹13,407
31 Jul 22₹12,106
31 Jul 23₹15,983
31 Jul 24₹16,825
31 Jul 25₹19,556

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 ₹436,710.
Net Profit of ₹136,710
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 7 Aug 25

DurationReturns
1 Month 1.9%
3 Month 9.7%
6 Month 16.1%
1 Year 23.4%
3 Year 17.3%
5 Year 14.4%
10 Year
15 Year
Since launch 6.1%
Historical performance (Yearly) on absolute basis
YearReturns
2024 -5.1%
2023 20.5%
2022 1.6%
2021 16.6%
2020 1.6%
2019 17.2%
2018 -11.2%
2017 14.8%
2016 -0.2%
2015 0.6%
Fund Manager information for Invesco India Feeder- Invesco Pan European Equity Fund
NameSinceTenure
Sagar Gandhi1 Mar 250.42 Yr.

Data below for Invesco India Feeder- Invesco Pan European Equity Fund as on 30 Jun 25

Equity Sector Allocation
SectorValue
Industrials23.63%
Financial Services17.87%
Health Care11.95%
Basic Materials9.19%
Technology7.05%
Consumer Defensive6.49%
Energy5.87%
Utility4.97%
Consumer Cyclical4.29%
Communication Services3.36%
Real Estate1.43%
Asset Allocation
Asset ClassValue
Cash3.88%
Equity96.1%
Debt0.01%
Other0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Invesco Pan European Equity C EUR Acc
Investment Fund | -
97%₹50 Cr151,039
↑ 7,774
Triparty Repo
CBLO/Reverse Repo | -
3%₹2 Cr
Net Receivables / (Payables)
CBLO | -
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.

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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.
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Debajit, posted on 1 Oct 19 1:39 AM

Very good article I got all the required information.

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