+91-22-62820123
Table of Contents
- Background of International Mutual Funds in India
- How to Pick an International Mutual Fund?
- Best International Mutual Funds to Invest in FY 21 - 22
- Types of International Mutual Funds
- Why to Invest in International Mutual Funds?
- Taxation of International Mutual Funds
- How to Invest in International Mutual Fund Online?
- FAQs
- 1. What are the benefits of investing in international mutual funds?
- 2. Can I invest in companies that post lower growth than India?
- 3. What is the Franklin India Feeder?
- 4. What is the BlackRock World Mining Fund?
- 5. Are earnings from international mutual funds taxed?
- 6. What is the main risk of the international mutual fund?
- 7. Who should invest in a foreign mutual fund?
Top 8 Equity - Global Funds
- DSP BlackRock World Energy Fund
- Aditya Birla Sun Life International Equity Fund - Plan B
- Aditya Birla Sun Life Commodity Equities Fund - Global Agri Plan
- Principal Global Opportunities Fund
- DSP BlackRock World Mining Fund
- Invesco India Feeder- Invesco Pan European Equity Fund
- ICICI Prudential US Bluechip Equity Fund
- Invesco India Feeder- Invesco Global Equity Income Fund
8 Best International Mutual Funds 2021
International Mutual Funds are funds that invest in foreign markets except for the investor’s country of residence. On the other hand, global fund invest in foreign markets as well as the investor’s country of residence. International Mutual Funds are also known as “foreign fund” and are a form of the ‘fund of funds’ strategy.
International Mutual Funds have become an attractive investment option for investors in the past few years due to the volatile local markets and an Economy going through its ups and downs.
Background of International Mutual Funds in India
With the permission of Reserve Bank of India (RBI), International Mutual Funds opened up in India in 2007. Each fund is allowed to get a corpus of USD 500 million.
Master-Feeder Structure of International Mutual Funds
International Mutual Funds follow a master-feeder structure. A master-feeder structure is a three-tier structure where investors place their money in the feeder fund which then invests in the master fund. The master fund then invests the money in the Market. A feeder fund is based on-shore i.e. in India, whereas, the master fund is based off-shore (in a foreign geography like Luxembourg etc).
A master fund can have multiple feeder funds. For example,
How to Pick an International Mutual Fund?
There are certain things to be kept in mind while choosing a suitable fund.
Best International Mutual Funds to Invest in FY 21 - 22
The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in the units of BlackRock Global Funds – World 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 Below is the key information for DSP BlackRock World Energy Fund Returns up to 1 year are on An Open-ended diversified equity scheme with an objective to generate long-term growth of capital, by investing predominantly in a diversified portfolio of equity and equity related securities in the domestic and international markets. Aditya Birla Sun Life International Equity Fund - Plan B is a Equity - Global fund was launched on 31 Oct 07. It is a fund with High risk and has given a Below is the key information for Aditya Birla Sun Life International Equity Fund - Plan B Returns up to 1 year are on The objective of the Scheme is to offer long term growth of capital, by investing in (1) stocks of Agri commodity companies, i.e., companies engaged in or focusing on the Agri business and/or (2) overseas mutual fund scheme(s) that have similar investment objectives. These securities could be issued in India or overseas. Aditya Birla Sun Life Commodity Equities Fund - Global Agri Plan is a Equity - Global fund was launched on 7 Nov 08. It is a fund with High risk and has given a Below is the key information for Aditya Birla Sun Life Commodity Equities Fund - Global Agri Plan 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 The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in the units of BlackRock Global Funds – World Mining Fund. The Scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which may
constitute a significant part of its corpus. The Scheme may also invest a certain portion of its corpus in money market securities and/or money market/liquid schemes of DSP BlackRock Mutual Fund, in order to meet liquidity requirements from time to time. DSP BlackRock World Mining Fund is a Equity - Global fund was launched on 29 Dec 09. It is a fund with High risk and has given a Below is the key information for DSP BlackRock World Mining Fund Returns up to 1 year are on (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 Below is the key information for Invesco India Feeder- Invesco Pan European Equity 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 (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 Below is the key information for Invesco India Feeder- Invesco Global Equity Income Fund Returns up to 1 year are on Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2020 (%) DSP BlackRock World Energy Fund Growth ₹17.8966
↑ 0.26 ₹146 500 8.8 14.2 53.1 6.8 7.3 0 Aditya Birla Sun Life International Equity Fund - Plan B Growth ₹28.3077
↑ 0.31 ₹105 1,000 6.8 18.5 52.9 17.5 13.1 15.1 Aditya Birla Sun Life Commodity Equities Fund - Global Agri Plan Growth ₹32.9949
↓ -0.08 ₹14 1,000 5.8 7.2 47.9 9.7 9.9 1.4 Principal Global Opportunities Fund Growth ₹47.4863
↑ 0.65 ₹38 2,000 2.6 5.3 40.4 17.7 16 16.5 DSP BlackRock World Mining Fund Growth ₹14.34
↑ 0.45 ₹163 500 -3.6 2.2 36.6 18.8 17.8 34.9 Invesco India Feeder- Invesco Pan European Equity Fund Growth ₹13.4155
↑ 0.15 ₹28 500 1.4 3.6 35.9 5.2 9.2 1.6 ICICI Prudential US Bluechip Equity Fund Growth ₹46.36
↑ 0.54 ₹1,809 100 1.6 6.6 33.9 20.1 20.1 18.6 Invesco India Feeder- Invesco Global Equity Income Fund Growth ₹17.7144
↑ 0.07 ₹10 500 1.3 3.8 33.8 10.4 11.6 7.3 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 14 Oct 21 10 crore of more and sorted on last one year return.
1. DSP BlackRock World Energy Fund
CAGR/Annualized return of 4.9% since its launch. Ranked 29 in Global category. Return for 2020 was 0% , 2019 was 18.2% and 2018 was -11.3% . DSP BlackRock World Energy Fund
Growth Launch Date 14 Aug 09 NAV (14 Oct 21) ₹17.8966 ↑ 0.26 (1.50 %) Net Assets (Cr) ₹146 on 31 Aug 21 Category Equity - Global AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆ Risk High Expense Ratio 1.22 Sharpe Ratio 1.1 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 500 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Sep 16 ₹10,000 30 Sep 17 ₹10,194 30 Sep 18 ₹12,138 30 Sep 19 ₹10,241 30 Sep 20 ₹8,990 30 Sep 21 ₹13,470 Returns for DSP BlackRock World Energy Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Oct 21 Duration Returns 1 Month 8.5% 3 Month 8.8% 6 Month 14.2% 1 Year 53.1% 3 Year 6.8% 5 Year 7.3% 10 Year 15 Year Since launch 4.9% Historical performance (Yearly) on absolute basis
Year Returns 2020 0% 2019 18.2% 2018 -11.3% 2017 -1.9% 2016 22.5% 2015 -20.9% 2014 -5.5% 2013 31.2% 2012 -4.8% 2011 2.3% Fund Manager information for DSP BlackRock World Energy Fund
Name Since Tenure Jay Kothari 1 Mar 13 8.51 Yr. Data below for DSP BlackRock World Energy Fund as on 31 Aug 21
Equity Sector Allocation
Sector Value Energy 47.68% Technology 17.46% Industrials 14.47% Utility 10.16% Basic Materials 4.34% Consumer Defensive 1.19% Asset Allocation
Asset Class Value Cash 4.69% Equity 95.3% Debt 0.01% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity BGF World Energy I2
Investment Fund | -49% ₹71 Cr 612,069
↓ -17,103 BGF Sustainable Energy I2
Investment Fund | -48% ₹69 Cr 456,910
↓ -12,630 Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -4% ₹6 Cr Net Receivables/Payables
Net Current Assets | -0% ₹0 Cr 2. Aditya Birla Sun Life International Equity Fund - Plan B
CAGR/Annualized return of 7.7% since its launch. Ranked 39 in Global category. Return for 2020 was 15.1% , 2019 was 8.1% and 2018 was -5.5% . Aditya Birla Sun Life International Equity Fund - Plan B
Growth Launch Date 31 Oct 07 NAV (14 Oct 21) ₹28.3077 ↑ 0.31 (1.11 %) Net Assets (Cr) ₹105 on 31 Aug 21 Category Equity - Global AMC Birla Sun Life Asset Management Co Ltd Rating ☆ Risk High Expense Ratio 2.58 Sharpe Ratio 2.3 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 1,000 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Sep 16 ₹10,000 30 Sep 17 ₹11,609 30 Sep 18 ₹11,878 30 Sep 19 ₹11,680 30 Sep 20 ₹11,622 30 Sep 21 ₹17,615 Returns for Aditya Birla Sun Life International Equity Fund - Plan B
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Oct 21 Duration Returns 1 Month 3.3% 3 Month 6.8% 6 Month 18.5% 1 Year 52.9% 3 Year 17.5% 5 Year 13.1% 10 Year 15 Year Since launch 7.7% Historical performance (Yearly) on absolute basis
Year Returns 2020 15.1% 2019 8.1% 2018 -5.5% 2017 27.7% 2016 5.2% 2015 -1.4% 2014 29.7% 2013 6.7% 2012 24.3% 2011 -18.4% Fund Manager information for Aditya Birla Sun Life International Equity Fund - Plan B
Name Since Tenure Vineet Maloo 31 Oct 07 13.84 Yr. Data below for Aditya Birla Sun Life International Equity Fund - Plan B as on 31 Aug 21
Equity Sector Allocation
Sector Value Financial Services 30.17% Basic Materials 19.78% Industrials 12.48% Health Care 8.42% Consumer Defensive 7.39% Consumer Cyclical 7.2% Technology 6.79% Communication Services 2.26% Energy 0.32% Utility 0.3% Asset Allocation
Asset Class Value Cash 2.03% Equity 97.97% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 08 | HDFCBANK7% ₹7 Cr 46,797 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK6% ₹6 Cr 85,629 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 18 | HDFC5% ₹5 Cr 17,254 Hindalco Industries Ltd (Basic Materials)
Equity, Since 30 Jun 20 | HINDALCO3% ₹4 Cr 77,000 RHI Magnesita India Ltd (Industrials)
Equity, Since 31 May 14 | 5340763% ₹4 Cr 96,540 Reliance Industries Limited
Equity, Since 30 Jun 21 | -3% ₹3 Cr 18,466 JK Lakshmi Cement Ltd (Basic Materials)
Equity, Since 30 Apr 20 | JKLAKSHMI3% ₹3 Cr 40,281 JK Cement Ltd (Basic Materials)
Equity, Since 31 Jul 19 | JKCEMENT3% ₹3 Cr 8,000 IFGL Refractories Ltd (Basic Materials)
Equity, Since 30 Nov 17 | 5407742% ₹3 Cr 82,900 VST Industries Ltd (Consumer Defensive)
Equity, Since 31 May 12 | 5099662% ₹2 Cr 6,785 3. Aditya Birla Sun Life Commodity Equities Fund - Global Agri Plan
CAGR/Annualized return of 9.7% since its launch. Ranked 25 in Global category. Return for 2020 was 1.4% , 2019 was 17.6% and 2018 was -8.1% . Aditya Birla Sun Life Commodity Equities Fund - Global Agri Plan
Growth Launch Date 7 Nov 08 NAV (14 Oct 21) ₹32.9949 ↓ -0.08 (-0.23 %) Net Assets (Cr) ₹14 on 31 Aug 21 Category Equity - Global AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆ Risk High Expense Ratio 1.56 Sharpe Ratio 1.63 Information Ratio -0.83 Alpha Ratio 1.06 Min Investment 1,000 Min SIP Investment 1,000 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Sep 16 ₹10,000 30 Sep 17 ₹11,151 30 Sep 18 ₹12,208 30 Sep 19 ₹11,504 30 Sep 20 ₹10,453 30 Sep 21 ₹15,390 Returns for Aditya Birla Sun Life Commodity Equities Fund - Global Agri Plan
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Oct 21 Duration Returns 1 Month 7.3% 3 Month 5.8% 6 Month 7.2% 1 Year 47.9% 3 Year 9.7% 5 Year 9.9% 10 Year 15 Year Since launch 9.7% Historical performance (Yearly) on absolute basis
Year Returns 2020 1.4% 2019 17.6% 2018 -8.1% 2017 6.3% 2016 10% 2015 -6.1% 2014 6.8% 2013 12.8% 2012 15.5% 2011 -13.5% Fund Manager information for Aditya Birla Sun Life Commodity Equities Fund - Global Agri Plan
Name Since Tenure Milind Bafna 26 Aug 15 6.02 Yr. Data below for Aditya Birla Sun Life Commodity Equities Fund - Global Agri Plan as on 31 Aug 21
Equity Sector Allocation
Sector Value Consumer Defensive 47.28% Basic Materials 31.78% Industrials 12.08% Asset Allocation
Asset Class Value Cash 8.86% Equity 91.14% Top Securities Holdings / Portfolio
Name Holding Value Quantity Nutrien Ltd (Basic Materials)
Equity, Since 31 Jan 18 | NTR8% ₹1 Cr 2,543 Bunge Ltd (Consumer Defensive)
Equity, Since 31 Oct 12 | BG7% ₹1 Cr 1,748 Deere & Co (Industrials)
Equity, Since 28 Feb 09 | DE7% ₹1 Cr 346 Archer-Daniels Midland Co (Consumer Defensive)
Equity, Since 31 Jul 13 | ADM7% ₹1 Cr 2,127 BRF SA ADR (Consumer Defensive)
Equity, Since 31 Jul 13 | BRFS7% ₹1 Cr 27,754 Associated British Foods PLC (Consumer Defensive)
Equity, Since 31 Jul 13 | ABF6% ₹1 Cr 4,261 Ingredion Inc (Consumer Defensive)
Equity, Since 31 May 11 | INGR6% ₹1 Cr 1,273 CF Industries Holdings Inc (Basic Materials)
Equity, Since 31 Aug 12 | CF5% ₹1 Cr 2,250 Tyson Foods Inc Class A (Consumer Defensive)
Equity, Since 31 Jul 13 | TSN5% ₹1 Cr 1,272 ICL Group Ltd (Basic Materials)
Equity, Since 30 Sep 12 | ICL5% ₹1 Cr 13,940 4. Principal Global Opportunities Fund
CAGR/Annualized return of 9.3% since its launch. Ranked 8 in Global category. Return for 2020 was 16.5% , 2019 was 32.5% and 2018 was -15.5% . Principal Global Opportunities Fund
Growth Launch Date 29 Mar 04 NAV (14 Oct 21) ₹47.4863 ↑ 0.65 (1.38 %) Net Assets (Cr) ₹38 on 31 Aug 21 Category Equity - Global AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆☆☆ Risk High Expense Ratio 2.1 Sharpe Ratio 2.47 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 30 Sep 16 ₹10,000 30 Sep 17 ₹12,239 30 Sep 18 ₹14,063 30 Sep 19 ₹12,526 30 Sep 20 ₹14,022 30 Sep 21 ₹20,343 Returns for Principal Global Opportunities Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Oct 21 Duration Returns 1 Month 1.1% 3 Month 2.6% 6 Month 5.3% 1 Year 40.4% 3 Year 17.7% 5 Year 16% 10 Year 15 Year Since launch 9.3% Historical performance (Yearly) on absolute basis
Year Returns 2020 16.5% 2019 32.5% 2018 -15.5% 2017 30.9% 2016 10.1% 2015 -9.6% 2014 -2.6% 2013 5.4% 2012 21.5% 2011 -2.6% Fund Manager information for Principal Global Opportunities Fund
Name Since Tenure Rajat Jain 1 Oct 05 15.93 Yr. Data below for Principal Global Opportunities Fund as on 31 Aug 21
Equity Sector Allocation
Sector Value Financial Services 24.11% Consumer Cyclical 19.36% Industrials 16.15% Technology 14.58% Basic Materials 7.71% Communication Services 5.17% Consumer Defensive 3.49% Health Care 2.96% Energy 2.32% Utility 0.19% Asset Allocation
Asset Class Value Cash 3.96% Equity 96.04% Top Securities Holdings / Portfolio
Name Holding Value Quantity Principal Origin Glb Smlr Coms I Acc USD
Investment Fund | -98% ₹37 Cr 189,464
↑ 5,681 91 DTB 14102021
Sovereign Bonds | -0% ₹0 Cr 1,000 Treps 01-Sep-2021
CBLO/Reverse Repo | -2% ₹1 Cr Net Receivable / Payable
Net Current Assets | -1% ₹0 Cr 5. DSP BlackRock World Mining Fund
CAGR/Annualized return of 3.1% since its launch. Ranked 19 in Global category. Return for 2020 was 34.9% , 2019 was 21.5% and 2018 was -9.4% . DSP BlackRock World Mining Fund
Growth Launch Date 29 Dec 09 NAV (14 Oct 21) ₹14.34 ↑ 0.45 (3.27 %) Net Assets (Cr) ₹163 on 31 Aug 21 Category Equity - Global AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆ Risk High Expense Ratio 1.24 Sharpe Ratio 1.25 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 500 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Sep 16 ₹10,000 30 Sep 17 ₹11,380 30 Sep 18 ₹12,803 30 Sep 19 ₹12,020 30 Sep 20 ₹15,073 30 Sep 21 ₹19,317 Returns for DSP BlackRock World Mining Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Oct 21 Duration Returns 1 Month 3.7% 3 Month -3.6% 6 Month 2.2% 1 Year 36.6% 3 Year 18.8% 5 Year 17.8% 10 Year 15 Year Since launch 3.1% Historical performance (Yearly) on absolute basis
Year Returns 2020 34.9% 2019 21.5% 2018 -9.4% 2017 21.1% 2016 49.7% 2015 -36% 2014 -21% 2013 -14.1% 2012 -0.9% 2011 -15.1% Fund Manager information for DSP BlackRock World Mining Fund
Name Since Tenure Jay Kothari 1 Mar 13 8.51 Yr. Data below for DSP BlackRock World Mining Fund as on 31 Aug 21
Equity Sector Allocation
Sector Value Basic Materials 93.91% Financial Services 1.92% Asset Allocation
Asset Class Value Cash 3.63% Equity 96.36% Debt 0.01% Top Securities Holdings / Portfolio
Name Holding Value Quantity BGF World Mining I2
Investment Fund | -97% ₹158 Cr 310,828
↑ 21,105 Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -6% ₹10 Cr Net Receivables/Payables
Net Current Assets | -3% -₹4 Cr 6. Invesco India Feeder- Invesco Pan European Equity Fund
CAGR/Annualized return of 3.9% since its launch. Ranked 20 in Global category. Return for 2020 was 1.6% , 2019 was 17.2% and 2018 was -11.2% . Invesco India Feeder- Invesco Pan European Equity Fund
Growth Launch Date 31 Jan 14 NAV (14 Oct 21) ₹13.4155 ↑ 0.15 (1.10 %) Net Assets (Cr) ₹28 on 31 Aug 21 Category Equity - Global AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk High Expense Ratio 0.56 Sharpe Ratio 1.08 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.
Date Value 30 Sep 16 ₹10,000 30 Sep 17 ₹12,696 30 Sep 18 ₹13,784 30 Sep 19 ₹11,866 30 Sep 20 ₹11,130 30 Sep 21 ₹15,117 Returns for Invesco India Feeder- Invesco Pan European Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Oct 21 Duration Returns 1 Month 0.6% 3 Month 1.4% 6 Month 3.6% 1 Year 35.9% 3 Year 5.2% 5 Year 9.2% 10 Year 15 Year Since launch 3.9% Historical performance (Yearly) on absolute basis
Year Returns 2020 1.6% 2019 17.2% 2018 -11.2% 2017 14.8% 2016 -0.2% 2015 0.6% 2014 2013 2012 2011 Fund Manager information for Invesco India Feeder- Invesco Pan European Equity Fund
Name Since Tenure Neelesh Dhamnaskar 31 Jan 14 7.59 Yr. Data below for Invesco India Feeder- Invesco Pan European Equity Fund as on 31 Aug 21
Equity Sector Allocation
Sector Value Industrials 14.81% Financial Services 14.61% Health Care 12.97% Basic Materials 11.69% Consumer Cyclical 9.13% Utility 8.09% Energy 7.13% Technology 6.37% Communication Services 6.3% Consumer Defensive 6.21% Asset Allocation
Asset Class Value Cash 2.69% Equity 97.31% Top Securities Holdings / Portfolio
Name Holding Value Quantity Invesco Pan European Equity C EUR Acc
Investment Fund | -98% ₹27 Cr 122,912
↓ -7,136 Triparty Repo
CBLO/Reverse Repo | -1% ₹0 Cr Net Receivables / (Payables)
Net Current Assets | -1% ₹0 Cr 7. ICICI Prudential US Bluechip Equity Fund
CAGR/Annualized return of 18% since its launch. Ranked 7 in Global category. Return for 2020 was 18.6% , 2019 was 34.3% and 2018 was 5.2% . ICICI Prudential US Bluechip Equity Fund
Growth Launch Date 6 Jul 12 NAV (14 Oct 21) ₹46.36 ↑ 0.54 (1.18 %) Net Assets (Cr) ₹1,809 on 31 Aug 21 Category Equity - Global AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆ Risk High Expense Ratio 2.49 Sharpe Ratio 1.36 Information Ratio -0.05 Alpha Ratio -4.32 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 30 Sep 16 ₹10,000 30 Sep 17 ₹11,482 30 Sep 18 ₹14,595 30 Sep 19 ₹15,236 30 Sep 20 ₹17,787 30 Sep 21 ₹23,409 Returns for ICICI Prudential US Bluechip Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Oct 21 Duration Returns 1 Month 3.6% 3 Month 1.6% 6 Month 6.6% 1 Year 33.9% 3 Year 20.1% 5 Year 20.1% 10 Year 15 Year Since launch 18% Historical performance (Yearly) on absolute basis
Year Returns 2020 18.6% 2019 34.3% 2018 5.2% 2017 14.1% 2016 11.6% 2015 0.7% 2014 12.7% 2013 45.7% 2012 2011 Fund Manager information for ICICI Prudential US Bluechip Equity Fund
Name Since Tenure Rohan Maru 19 Sep 13 7.95 Yr. Priyanka Khandelwal 30 Jun 17 4.17 Yr. Data below for ICICI Prudential US Bluechip Equity Fund as on 31 Aug 21
Equity Sector Allocation
Sector Value Technology 23.02% Health Care 19.11% Consumer Defensive 14.37% Industrials 10.22% Communication Services 10.14% Consumer Cyclical 9.15% Financial Services 5.56% Energy 3.7% Basic Materials 1.86% Asset Allocation
Asset Class Value Cash 2.87% Equity 97.13% Top Securities Holdings / Portfolio
Name Holding Value Quantity Gilead Sciences Inc (Healthcare)
Equity, Since 31 May 16 | GILD3% ₹53 Cr 98,877 Tyler Technologies Inc (Technology)
Equity, Since 31 Mar 21 | TYL3% ₹51 Cr 14,396 Facebook Inc Class A (Communication Services)
Equity, Since 31 Mar 21 | FB3% ₹51 Cr 18,382
↑ 457 Alphabet Inc Class C (Communication Services)
Equity, Since 31 Jan 18 | GOOG3% ₹51 Cr 2,393 Intel Corp (Technology)
Equity, Since 30 Sep 18 | INTC3% ₹51 Cr 128,284
↑ 9,963 Zimmer Biomet Holdings Inc (Healthcare)
Equity, Since 31 Mar 17 | ZBH3% ₹51 Cr 46,067
↑ 3,083 Merck & Co Inc (Healthcare)
Equity, Since 30 Sep 19 | MRK3% ₹51 Cr 90,606
↑ 3,591 ServiceNow Inc (Technology)
Equity, Since 31 Mar 21 | NOW3% ₹51 Cr 10,736
↓ -1,654 Microsoft Corp (Technology)
Equity, Since 30 Jun 16 | MSFT3% ₹51 Cr 22,889 Kellogg Co (Consumer Defensive)
Equity, Since 31 Dec 18 | K3% ₹50 Cr 109,248
↑ 3,449 8. Invesco India Feeder- Invesco Global Equity Income Fund
CAGR/Annualized return of 8% since its launch. Ranked 12 in Global category. Return for 2020 was 7.3% , 2019 was 24.7% and 2018 was -7.5% . Invesco India Feeder- Invesco Global Equity Income Fund
Growth Launch Date 5 May 14 NAV (14 Oct 21) ₹17.7144 ↑ 0.07 (0.41 %) Net Assets (Cr) ₹10 on 31 Aug 21 Category Equity - Global AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk High Expense Ratio 0.94 Sharpe Ratio 1.43 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.
Date Value 30 Sep 16 ₹10,000 30 Sep 17 ₹11,773 30 Sep 18 ₹13,208 30 Sep 19 ₹12,451 30 Sep 20 ₹12,294 30 Sep 21 ₹16,581 Returns for Invesco India Feeder- Invesco Global Equity Income Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Oct 21 Duration Returns 1 Month 1.9% 3 Month 1.3% 6 Month 3.8% 1 Year 33.8% 3 Year 10.4% 5 Year 11.6% 10 Year 15 Year Since launch 8% Historical performance (Yearly) on absolute basis
Year Returns 2020 7.3% 2019 24.7% 2018 -7.5% 2017 13.2% 2016 2.6% 2015 4% 2014 2013 2012 2011 Fund Manager information for Invesco India Feeder- Invesco Global Equity Income Fund
Name Since Tenure Neelesh Dhamnaskar 5 May 14 7.41 Yr. Data below for Invesco India Feeder- Invesco Global Equity Income Fund as on 31 Aug 21
Equity Sector Allocation
Sector Value Financial Services 20.73% Technology 15.99% Communication Services 13.98% Consumer Defensive 11.4% Consumer Cyclical 10.87% Industrials 8.86% Health Care 5.57% Real Estate 3.93% Energy 2.69% Asset Allocation
Asset Class Value Cash 2.19% Equity 94.02% Other 3.79% Top Securities Holdings / Portfolio
Name Holding Value Quantity Invesco Global Equity Income C USD Acc
Investment Fund | -98% ₹10 Cr 12,494
↑ 252 Triparty Repo
CBLO/Reverse Repo | -2% ₹0 Cr Net Receivables / (Payables)
Net Current Assets | -0% ₹0 Cr
Types of International Mutual Funds
1. Emerging Market Funds
This type of mutual fund invests in emerging markets like India, China, Russia, Brazil etc. China has surpassed the USA to be the world’s largest car manufacturer. Russia is a big player in natural gas. India has a fast-growing service economy base. These countries are expected to grow tremendously in the coming years making them a hot choice for investors.
Some of the best international mutual fund schemes that invest in emerging markets are Birla Sun Life International Equity Plan A, Kotak Global Emerging Market Fund and Principal Global Opportunities Fund.
Talk to our investment specialist
2. Developed Market Funds
Developed market funds are an attractive option because it is generally seen that mature markets are more stable. Also, they do not have the problems associated with emerging markets like an economy or currency risk in the economy, political instability, etc. making them less risky. Some schemes that invest in developed markets are DWS Global Thematic Offshore Fund etc.
3. Country Specific Funds
As the name suggests, this type invests only in a specific country or part of the globe. But, country-specific funds defeat the entire purpose of diversifying the portfolio since it lays all eggs in one basket. However, when there are opportunities in specific countries due to various reasons, these funds become a good choice.
Reliance Japan Equity Fund, Kotak US Equities Fund and Mirae Asset China Advantage Fund are some country-specific schemes.
4. Commodity Based Funds
These funds invest in commodities like gold, precious metals, crude oil, wheat, etc. Commodities offer diversification and also act as an Inflation hedge, thus protecting the investors. Also, these funds could be multi-commodity or focused on a single commodity.
Best commodity based international mutual funds are DSP Black Rock World Gold Fund, ING OptiMix Global Commodities, Mirae Asset Global Commodity Stocks, Birla Sun Life Commodity Equities - Global Agri Fund, etc.
5. Theme Based Funds
Theme based funds or thematic funds invest in a particular theme. For example, if the theme is infrastructure, it would invest in infrastructure construction companies as well as companies related to the infrastructure business like cement, steel, etc.
They are often confused with sectoral funds which focus only on a specific industry. For example, pharmaceutical sectoral funds would only invest in pharma companies. Compared to sector funds, thematic funds are a broader concept. This offers more diversification and less risk since the investment is spread across various industries.
Some theme based funds are DSPBR World Energy Fund, L&T Global Real Assets Fund etc.
Why to Invest in International Mutual Funds?
1. Diversification
The main motive of Investing in International Mutual Funds is diversification. Diversification helps in optimising the returns and reducing the overall risks of a portfolio. Low or negative correlations between investments make sure that the returns are not dependent on only one sector or economy. Thus, balancing the portfolio and protecting the investor.
2. Ease in Investing
You can give a global edge to your portfolio by making a direct investment in foreign markets through equities, commodities, real estate, and exchange-traded funds (ETFs) as well. Buying units of an international mutual fund are much easier and they also provide the expertise of the fund manager which is not available in the other investing avenues.
3. International Exposure
International mutual funds help in expanding the investor horizons beyond the domestic boundaries. Also, investing internationally helps set-off any losses that the investor may have incurred in the domestic market.
4. Currency Fluctuations
International Mutual Fund schemes determine the NAV (Net Asset Value) of the fund by using the prevailing exchange rate. The exchange rates fluctuate every day, or more so, every minute.
This means that for a scheme investing in US Dollars, the NAV of the scheme would be impacted as per the dollar-rupee movement. It is observed that the more the rupee depreciates, the higher are the gains. This makes international mutual funds even more attractive since the rupee is going downhill now.
5. Country Specific Exposures
If the investor wants to take complete advantage of another country’s growth, international mutual funds are the way to go. But the flip side of this would be that the portfolio is dependent solely on one economy. Hence, increasing the risk Factor.
Taxation of International Mutual Funds
Tax treatment of international mutual funds in India is similar to that of Debt fund. If the investor holds the investments short term i.e. less than 36 months, they will be included in his total Income and will be taxed as per the applicable slab rate.
If the investments are held for more than 36 months, the investor is then eligible for indexation benefits. Any gains arising from the schemes will be taxed @ 10% without indexation or 20% with indexation.
How to Invest in International Mutual Fund Online?
Open Free Investment Account for Lifetime at Fincash.com.
Complete your Registration and KYC Process
Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!
According to experts, an investor should have around 10-12% of the portfolio invested in international mutual funds. So with the basics covered now, start building up that portfolio with international mutual funds today.
FAQs
1. What are the benefits of investing in international mutual funds?
A: It diversifies your portfolio of investment, which tends to give you better & diversified returns. It also keeps your portfolio balanced. As these companies have foreign funds, you can expect your investment to produce good returns.
2. Can I invest in companies that post lower growth than India?
A: Yes, you can, but it will depend on the financial institution you are investing in. You cannot directly invest in the securities of a foreign company. You will need a broker or a financial institute to help you invest in the particular security.
3. What is the Franklin India Feeder?
A: The Franklin India Feeder or the Franklin US Opportunities Fund is one of the most successful international mutual funds. This fund allows you to invest in multiple securities of companies in the United States involved in fields like technology, healthcare, consumer cyclical, financial services, and many more such industrial sectors. These mutual funds allow you to diversify your portfolio of investments, making it easy to invest in multiple securities through a single investment. Since its launch, the Franklin India Feeder has produced returns of 19.9%.
4. What is the BlackRock World Mining Fund?
A: This is different from Franklin as it has an equity sector only in necessary materials and financial services. This is considered to be a high-risk mutual fund, but has been known to produce excellent returns. The DSP BlackRock World Mining has produced returns of nearly 34.9% for the 3- year investment period.
5. Are earnings from international mutual funds taxed?
A: Yes, Earnings from international mutual funds are taxed. Dividends that you earn from these funds are liable for Tax Deducted at Source or TDS at 7.5% till March 31, 2021, and the mutual fund house deducts it. If you have invested for 3 years, it will fall under the short-term investment, and if for more, you will have to categorize it under long-term investment. The taxation slab will also depend on the time for which the investment has been made.
6. What is the main risk of the international mutual fund?
A: The primary risk of the international mutual fund is the fluctuating nature of the foreign exchange rate. If the foreign exchange rates fluctuate compared to the rupee, it can adversely affect your investment.
7. Who should invest in a foreign mutual fund?
A: If you are looking to diversify your investment portfolio and looking to add a geographical diversification, then you could consider investing in a foreign mutual fund.
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
AMFI Registration No. 112358 | CIN: U74999MH2016PTC282153
Shepard Technologies Pvt. Ltd. (with ARN code 112358) makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Terms and conditions of the website are applicable.
©2021 Shepard Technologies Private Limited. All Rights Reserved
Very good article I got all the required information.