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Table of Contents
- Background of International Mutual Funds in India
- Best International Mutual Funds to Invest in FY 19 - 20
- 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
- DSP BlackRock World Gold Fund
- Reliance Us Equity Opportunites Fund
- Franklin India Feeder - Franklin U S Opportunities Fund
- ICICI Prudential US Bluechip Equity Fund
- Edelweiss ASEAN Equity Off-shore Fund
- Aditya Birla Sun Life International Equity Fund - Plan A
- ICICI Prudential Global Stable Equity Fund
- Kotak US Equity Fund
8 Best International Mutual Funds 2019
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 19 - 20
"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 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. Reliance 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 Reliance Us Equity Opportunites 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 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 primary investment objective of the Scheme is to provide long term capital growth by investing predominantly in JPMorgan Funds – JF ASEAN Equity Fund, an equity fund which invests primarily in companies of countries which are members of the Association of South East Asian Nations (ASEAN). However, there can be no assurance that the investment objective of the Scheme will be realized. Edelweiss ASEAN Equity Off-shore Fund is a Equity - Global fund was launched on 1 Jul 11. It is a fund with High risk and has given a Below is the key information for Edelweiss ASEAN Equity Off-shore 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 international markets Aditya Birla Sun Life International Equity Fund - Plan A 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 A Returns up to 1 year are on ICICI Prudential Global Stable Equity Fund (the Scheme) is an open-ended fund of funds scheme that seeks to provide adequate returns by investing in the units of one or more overseas mutual fund schemes, which have the mandate to invest globally. Currently the Scheme intends to invest in the units/shares of Nordea 1 – Global Stable Equity Fund – Unhedged (N1 – GSEF - U). The fund manager may also invest in one or more other overseas mutual fund schemes, with similar investment policy/fundamental attributes and risk profile and is in accordance with the investment strategy of the Scheme. The Scheme may also invest a certain portion of its corpus in domestic money market securities and/or money market/liquid schemes of domestic mutual funds including that of ICICI Prudential Mutual Fund, in order to meet liquidity requirements from time to time. ICICI Prudential Global Stable Equity Fund is a Equity - Global fund was launched on 13 Sep 13. It is a fund with High risk and has given a Below is the key information for ICICI Prudential Global Stable Equity Fund Returns up to 1 year are on The primary investment objective of the scheme is to provide long term capital appreciation by investing in units of fund that invest predominantly in equity and equity-related securities of companies having assets, products or operations in the United States. Kotak US Equity Fund is a Equity - Global fund was launched on 20 Dec 13. It is a fund with High risk and has given a Below is the key information for Kotak US 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 (%) 2018 (%) DSP BlackRock World Gold Fund Growth ₹12.848
↑ 0.65 ₹208 500 14.5 20.4 14.5 -2.8 1 -10.7 Reliance Us Equity Opportunites Fund Growth ₹15.8133
↑ 0.07 ₹40 100 6.8 21.4 12.5 16.9 7.7 Franklin India Feeder - Franklin U S Opportunities Fund Growth ₹32.314
↓ -0.15 ₹853 1,000 7.6 31.4 9.8 17.9 13.1 6.5 ICICI Prudential US Bluechip Equity Fund Growth ₹27.42
↑ 0.19 ₹288 100 2.9 15.2 9.3 12.8 10.9 5.2 Edelweiss ASEAN Equity Off-shore Fund Growth ₹21.328
↑ 0.21 ₹44 1,000 6.2 9.6 8 9.8 6 -2.1 Aditya Birla Sun Life International Equity Fund - Plan A Growth ₹21.2646
↑ 0.18 ₹62 1,000 2.4 12.5 7.1 10.8 6.1 4.1 ICICI Prudential Global Stable Equity Fund Growth ₹15.39
↑ 0.14 ₹83 1,000 3.6 10.2 6 5.4 7.4 -0.9 Kotak US Equity Fund Growth ₹16.848
↑ 0.11 ₹11 1,000 5.3 16.7 5.5 12.1 10 -0.6 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 20 Jun 19 10 crore of more and sorted on last one year return.
1. DSP BlackRock World Gold Fund
CAGR/Annualized return of 2.2% since its launch. Ranked 11 in Global category. Return for 2018 was -10.7% , 2017 was -4% and 2016 was 52.7% . DSP BlackRock World Gold Fund
Growth Launch Date 14 Sep 07 NAV (20 Jun 19) ₹12.848 ↑ 0.65 (5.33 %) Net Assets (Cr) ₹208 on 30 Apr 19 Category Equity - Global AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆ Risk High Expense Ratio 1.83 Sharpe Ratio -0.35 Information Ratio -0.26 Alpha Ratio -4.39 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 May 14 ₹10,000 31 May 15 ₹9,743 31 May 16 ₹11,849 31 May 17 ₹11,750 31 May 18 ₹10,728 31 May 19 ₹10,528 Returns for DSP BlackRock World Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Jun 19 Duration Returns 1 Month 18.9% 3 Month 14.5% 6 Month 20.4% 1 Year 14.5% 3 Year -2.8% 5 Year 1% 10 Year 15 Year Since launch 2.2% Historical performance (Yearly) on absolute basis
Year Returns 2018 -10.7% 2017 -4% 2016 52.7% 2015 -18.5% 2014 -3% 2013 -41.5% 2012 -5.8% 2011 -2.6% 2010 29% 2009 41.5% Fund Manager information for DSP BlackRock World Gold Fund
Name Since Tenure Jay Kothari 1 Mar 13 5.92 Yr. Data below for DSP BlackRock World Gold Fund as on 30 Apr 19
Equity Sector Allocation
Sector Value Basic Materials 93.08% Industrials 1.13% Asset Allocation
Asset Class Value Cash 4.16% Equity 94.95% Debt 0.2% Other 0.69% Top Securities Holdings / Portfolio
Name Holding Value Quantity BGF World Gold I2
Investment Fund | -97% ₹201 Cr 1,043,846
↓ -16,742 Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -4% ₹8 Cr Net Receivables/Payables
Net Current Assets | -0% -₹1 Cr 2. Reliance Us Equity Opportunites Fund
CAGR/Annualized return of 12.4% since its launch. Return for 2018 was 7.7% , 2017 was 16.9% and 2016 was 8.2% . Reliance Us Equity Opportunites Fund
Growth Launch Date 23 Jul 15 NAV (20 Jun 19) ₹15.8133 ↑ 0.07 (0.47 %) Net Assets (Cr) ₹40 on 30 Apr 19 Category Equity - Global AMC Reliance Nippon Life Asset Management Ltd. Rating Risk High Expense Ratio 2.81 Sharpe Ratio 1.05 Information Ratio -0.1 Alpha Ratio 3.75 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 May 16 ₹10,326 31 May 17 ₹11,573 31 May 18 ₹13,783 31 May 19 ₹15,377 Returns for Reliance Us Equity Opportunites Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Jun 19 Duration Returns 1 Month 4.3% 3 Month 6.8% 6 Month 21.4% 1 Year 12.5% 3 Year 16.9% 5 Year 10 Year 15 Year Since launch 12.4% Historical performance (Yearly) on absolute basis
Year Returns 2018 7.7% 2017 16.9% 2016 8.2% 2015 2014 2013 2012 2011 2010 2009 Fund Manager information for Reliance Us Equity Opportunites Fund
Name Since Tenure Anju Chhajer 23 Jul 15 3.53 Yr. Kinjal Desai 25 May 18 0.69 Yr. Data below for Reliance Us Equity Opportunites Fund as on 30 Apr 19
Equity Sector Allocation
Sector Value Consumer Cyclical 25.05% Health Care 22.91% Technology 20.16% Financial Services 17.77% Energy 5.95% Asset Allocation
Asset Class Value Cash 8.17% Equity 91.83% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity Mastercard Inc A (Financial Services)
Equity, Since 31 Jul 15 | MA8% ₹3 Cr 1,901
↑ 218 Triparty Repo
CBLO/Reverse Repo | -8% ₹3 Cr IQVIA Holdings Inc (Healthcare)
Equity, Since 28 Feb 17 | IQV7% ₹3 Cr 2,780
↑ 395 Visa Inc Class A (Financial Services)
Equity, Since 31 Jan 17 | V6% ₹2 Cr 2,173
↑ 328 Facebook Inc A (Technology)
Equity, Since 31 Oct 16 | FB6% ₹2 Cr 1,835
↑ 295 O'Reilly Automotive Inc (Consumer Cyclical)
Equity, Since 30 Nov 17 | ORLY6% ₹2 Cr 917
↑ 131 Enbridge Inc (Energy)
Equity, Since 31 Jan 18 | ENB6% ₹2 Cr 9,170
↑ 1,412 Booking Holdings Inc (Consumer Cyclical)
Equity, Since 31 Jul 15 | BKNG6% ₹2 Cr 182
↑ 28 Lowe's Companies Inc (Consumer Cyclical)
Equity, Since 30 Sep 16 | LOW6% ₹2 Cr 2,920
↑ 462 Microsoft Corp (Technology)
Equity, Since 30 Nov 18 | MSFT6% ₹2 Cr 2,512
↑ 426 3. Franklin India Feeder - Franklin U S Opportunities Fund
CAGR/Annualized return of 17.3% since its launch. Ranked 6 in Global category. Return for 2018 was 6.5% , 2017 was 18.1% and 2016 was -0.8% . Franklin India Feeder - Franklin U S Opportunities Fund
Growth Launch Date 6 Feb 12 NAV (21 Jun 19) ₹32.314 ↓ -0.15 (-0.47 %) Net Assets (Cr) ₹853 on 30 Apr 19 Category Equity - Global AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆☆☆ Risk High Expense Ratio 1.88 Sharpe Ratio 0.77 Information Ratio -0.15 Alpha Ratio -0.76 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-3 Years (1%),3 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 14 ₹10,000 31 May 15 ₹12,534 31 May 16 ₹12,054 31 May 17 ₹13,583 31 May 18 ₹17,046 31 May 19 ₹18,211 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 20 Jun 19 Duration Returns 1 Month 3.8% 3 Month 7.6% 6 Month 31.4% 1 Year 9.8% 3 Year 17.9% 5 Year 13.1% 10 Year 15 Year Since launch 17.3% Historical performance (Yearly) on absolute basis
Year Returns 2018 6.5% 2017 18.1% 2016 -0.8% 2015 8.8% 2014 8.4% 2013 55.2% 2012 2011 2010 2009 Fund Manager information for Franklin India Feeder - Franklin U S Opportunities Fund
Name Since Tenure Srikesh Nair 2 May 16 2.83 Yr. Data below for Franklin India Feeder - Franklin U S Opportunities Fund as on 30 Apr 19
Equity Sector Allocation
Sector Value Technology 34.86% Financial Services 17.24% Health Care 11.83% Consumer Cyclical 10.62% Industrials 9.39% Communication Services 4.68% Consumer Defensive 3.27% Real Estate 2.02% Basic Materials 1.13% Energy 0.73% Asset Allocation
Asset Class Value Cash 1.56% Equity 95.79% Other 2.65% Top Securities Holdings / Portfolio
Name Holding Value Quantity Franklin US Opportunities I(acc)USD
Investment Fund | -100% ₹851 Cr 2,569,336
↑ 33,191 Call, Cash & Other Assets
Receivables | -0% ₹2 Cr 4. ICICI Prudential US Bluechip Equity Fund
CAGR/Annualized return of 15.6% since its launch. Ranked 7 in Global category. Return for 2018 was 5.2% , 2017 was 14.1% and 2016 was 11.6% . ICICI Prudential US Bluechip Equity Fund
Growth Launch Date 6 Jul 12 NAV (20 Jun 19) ₹27.42 ↑ 0.19 (0.70 %) Net Assets (Cr) ₹288 on 30 Apr 19 Category Equity - Global AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆ Risk High Expense Ratio 2.31 Sharpe Ratio 0.91 Information Ratio -0.45 Alpha Ratio 2.27 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 May 14 ₹10,000 31 May 15 ₹11,404 31 May 16 ₹12,182 31 May 17 ₹13,004 31 May 18 ₹15,117 31 May 19 ₹16,319 Returns for ICICI Prudential US Bluechip Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Jun 19 Duration Returns 1 Month 3.1% 3 Month 2.9% 6 Month 15.2% 1 Year 9.3% 3 Year 12.8% 5 Year 10.9% 10 Year 15 Year Since launch 15.6% Historical performance (Yearly) on absolute basis
Year Returns 2018 5.2% 2017 14.1% 2016 11.6% 2015 0.7% 2014 12.7% 2013 45.7% 2012 2011 2010 2009 Fund Manager information for ICICI Prudential US Bluechip Equity Fund
Name Since Tenure Rohan Maru 19 Sep 13 5.37 Yr. Priyanka Khandelwal 30 Jun 17 1.59 Yr. Data below for ICICI Prudential US Bluechip Equity Fund as on 30 Apr 19
Equity Sector Allocation
Sector Value Technology 23.26% Health Care 15.86% Consumer Defensive 15.8% Consumer Cyclical 11.72% Industrials 11.09% Financial Services 10.57% Real Estate 2.62% Communication Services 2.45% Utility 1.89% Asset Allocation
Asset Class Value Cash 4.75% Equity 95.25% Top Securities Holdings / Portfolio
Name Holding Value Quantity Amazon.com Inc (Consumer Cyclical)
Equity, Since 30 Jun 16 | AMZN4% ₹13 Cr 950 Treps
CBLO/Reverse Repo | -4% ₹11 Cr Kellogg Co (Consumer Defensive)
Equity, Since 31 Dec 18 | K3% ₹9 Cr 20,814
↑ 4,396 Philip Morris International Inc (Consumer Defensive)
Equity, Since 30 Jun 18 | PM3% ₹9 Cr 14,337
↑ 4,604 Facebook Inc A (Technology)
Equity, Since 31 Jan 18 | FB3% ₹8 Cr 6,122 Microchip Technology Inc (Technology)
Equity, Since 31 Dec 17 | MCHP3% ₹8 Cr 11,778 Applied Materials Inc (Technology)
Equity, Since 30 Sep 18 | AMAT3% ₹8 Cr 25,489 Guidewire Software Inc (Technology)
Equity, Since 31 Dec 18 | GWRE3% ₹8 Cr 10,518 Intel Corp (Technology)
Equity, Since 30 Sep 18 | INTC3% ₹8 Cr 21,404
↑ 4,004 Caterpillar Inc (Industrials)
Equity, Since 31 Dec 18 | CAT3% ₹8 Cr 7,753 5. Edelweiss ASEAN Equity Off-shore Fund
CAGR/Annualized return of 10% since its launch. Ranked 18 in Global category. Return for 2018 was -2.1% , 2017 was 21.9% and 2016 was 9.6% . Edelweiss ASEAN Equity Off-shore Fund
Growth Launch Date 1 Jul 11 NAV (20 Jun 19) ₹21.328 ↑ 0.21 (1.00 %) Net Assets (Cr) ₹44 on 30 Apr 19 Category Equity - Global AMC Edelweiss Asset Management Limited Rating ☆☆☆ Risk High Expense Ratio 1.75 Sharpe Ratio -0.29 Information Ratio 0.22 Alpha Ratio -1.84 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.
Date Value 31 May 14 ₹10,000 31 May 15 ₹10,465 31 May 16 ₹10,042 31 May 17 ₹11,200 31 May 18 ₹13,040 31 May 19 ₹12,897 Returns for Edelweiss ASEAN Equity Off-shore Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Jun 19 Duration Returns 1 Month 7.2% 3 Month 6.2% 6 Month 9.6% 1 Year 8% 3 Year 9.8% 5 Year 6% 10 Year 15 Year Since launch 10% Historical performance (Yearly) on absolute basis
Year Returns 2018 -2.1% 2017 21.9% 2016 9.6% 2015 -11.1% 2014 8.4% 2013 10.1% 2012 31.2% 2011 2010 2009 Fund Manager information for Edelweiss ASEAN Equity Off-shore Fund
Name Since Tenure Hiten Shah 9 Apr 18 0.89 Yr. Data below for Edelweiss ASEAN Equity Off-shore Fund as on 30 Apr 19
Equity Sector Allocation
Sector Value Financial Services 43.01% Industrials 8.25% Communication Services 8.04% Consumer Defensive 8.03% Real Estate 7.98% Consumer Cyclical 7.84% Energy 4.49% Basic Materials 4.48% Health Care 1.47% Utility 0.68% Technology 0.68% Asset Allocation
Asset Class Value Cash 4.28% Equity 94.97% Debt 0.74% Top Securities Holdings / Portfolio
Name Holding Value Quantity JPM ASEAN Equity C (acc) USD
Investment Fund | -99% ₹43 Cr 36,906
↓ -607 Clearing Corporation Of India Ltd.
CBLO | -1% ₹1 Cr Net Receivables/(Payables)
Net Current Assets | -0% ₹0 Cr 6. Aditya Birla Sun Life International Equity Fund - Plan A
CAGR/Annualized return of 6.7% since its launch. Ranked 36 in Global category. Return for 2018 was 4.1% , 2017 was 13.5% and 2016 was -2.1% . Aditya Birla Sun Life International Equity Fund - Plan A
Growth Launch Date 31 Oct 07 NAV (21 Jun 19) ₹21.2646 ↑ 0.18 (0.85 %) Net Assets (Cr) ₹62 on 30 Apr 19 Category Equity - Global AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆ Risk High Expense Ratio 3.01 Sharpe Ratio 0.64 Information Ratio -0.71 Alpha Ratio 2.36 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 31 May 14 ₹10,000 31 May 15 ₹11,319 31 May 16 ₹10,268 31 May 17 ₹10,671 31 May 18 ₹12,668 31 May 19 ₹13,212 Returns for Aditya Birla Sun Life International Equity Fund - Plan A
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Jun 19 Duration Returns 1 Month 2.5% 3 Month 2.4% 6 Month 12.5% 1 Year 7.1% 3 Year 10.8% 5 Year 6.1% 10 Year 15 Year Since launch 6.7% Historical performance (Yearly) on absolute basis
Year Returns 2018 4.1% 2017 13.5% 2016 -2.1% 2015 0% 2014 1.7% 2013 36.4% 2012 16.3% 2011 7.9% 2010 4.9% 2009 26.2% Fund Manager information for Aditya Birla Sun Life International Equity Fund - Plan A
Name Since Tenure Vineet Maloo 31 Oct 07 11.26 Yr. Data below for Aditya Birla Sun Life International Equity Fund - Plan A as on 30 Apr 19
Equity Sector Allocation
Sector Value Financial Services 16.77% Health Care 16.34% Technology 16.13% Industrials 14.01% Consumer Cyclical 13.95% Consumer Defensive 13.54% Energy 2.91% Real Estate 1.98% Asset Allocation
Asset Class Value Cash 4.37% Equity 95.63% Top Securities Holdings / Portfolio
Name Holding Value Quantity Microsoft Corp (Technology)
Equity, Since 30 Nov 17 | MSFT3% ₹2 Cr 2,000 Alphabet Inc A (Technology)
Equity, Since 30 Apr 18 | GOOGL3% ₹2 Cr 200
↑ 100 Enbridge Inc (Energy)
Equity, Since 30 Apr 19 | ENB3% ₹2 Cr 6,900
↑ 6,900 Salesforce.com Inc (Technology)
Equity, Since 30 Apr 18 | CRM3% ₹2 Cr 1,500 Alibaba Group Holding Ltd ADR (Consumer Cyclical)
Equity, Since 30 Apr 19 | BABA3% ₹2 Cr 1,300
↑ 1,300 Bank of New York Mellon Corp (Financial Services)
Equity, Since 30 Nov 17 | BK3% ₹2 Cr 4,700
↑ 1,800 United Technologies Corp (Industrials)
Equity, Since 31 Mar 18 | UTX3% ₹2 Cr 1,630 KLA-Tencor Corp (Technology)
Equity, Since 31 Jan 19 | KLAC3% ₹2 Cr 1,800 T. Rowe Price Group Inc (Financial Services)
Equity, Since 31 Oct 18 | TROW3% ₹2 Cr 2,100
↑ 900 Guidewire Software Inc (Technology)
Equity, Since 30 Apr 18 | GWRE3% ₹2 Cr 2,100 7. ICICI Prudential Global Stable Equity Fund
CAGR/Annualized return of 7.8% since its launch. Ranked 10 in Global category. Return for 2018 was -0.9% , 2017 was 7.2% and 2016 was 7.3% . ICICI Prudential Global Stable Equity Fund
Growth Launch Date 13 Sep 13 NAV (20 Jun 19) ₹15.39 ↑ 0.14 (0.92 %) Net Assets (Cr) ₹83 on 30 Apr 19 Category Equity - Global AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆ Risk High Expense Ratio 2.12 Sharpe Ratio 0.29 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-3 Months (3%),3-18 Months (1%),18 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 14 ₹10,000 31 May 15 ₹11,558 31 May 16 ₹12,587 31 May 17 ₹12,875 31 May 18 ₹13,625 31 May 19 ₹14,019 Returns for ICICI Prudential Global Stable Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Jun 19 Duration Returns 1 Month 3.4% 3 Month 3.6% 6 Month 10.2% 1 Year 6% 3 Year 5.4% 5 Year 7.4% 10 Year 15 Year Since launch 7.8% Historical performance (Yearly) on absolute basis
Year Returns 2018 -0.9% 2017 7.2% 2016 7.3% 2015 5% 2014 11.8% 2013 2012 2011 2010 2009 Fund Manager information for ICICI Prudential Global Stable Equity Fund
Name Since Tenure Rohan Maru 19 Sep 13 5.37 Yr. Priyanka Khandelwal 30 Jun 17 1.59 Yr. Data below for ICICI Prudential Global Stable Equity Fund as on 30 Apr 19
Equity Sector Allocation
Sector Value Health Care 25.19% Technology 12.75% Communication Services 9.76% Consumer Cyclical 9.4% Consumer Defensive 8.92% Financial Services 8.65% Industrials 8.26% Real Estate 4.31% Utility 3.97% Energy 2.32% Basic Materials 1.74% Asset Allocation
Asset Class Value Cash 3.68% Equity 96.32% Top Securities Holdings / Portfolio
Name Holding Value Quantity Nordea 1 - Global Stable Equity Z USD
Investment Fund | -97% ₹81 Cr 415,491
↓ -46,381 Treps
CBLO/Reverse Repo | -3% ₹2 Cr Net Current Assets
Net Current Assets | -0% ₹0 Cr 8. Kotak US Equity Fund
CAGR/Annualized return of since its launch. Ranked 4 in Global category. Return for 2018 was -0.6% , 2017 was 12.8% and 2016 was 11% . Kotak US Equity Fund
Growth Launch Date 20 Dec 13 NAV (20 Jun 19) ₹16.848 ↑ 0.11 (0.63 %) Net Assets (Cr) ₹11 on 30 Apr 19 Category Equity - Global AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆☆ Risk High Expense Ratio 1.26 Sharpe Ratio 0.5 Information Ratio -1.83 Alpha Ratio -5.62 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 May 14 ₹10,000 31 May 15 ₹11,767 31 May 16 ₹11,878 31 May 17 ₹13,142 31 May 18 ₹15,446 31 May 19 ₹15,661 Returns for Kotak US Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Jun 19 Duration Returns 1 Month 3.8% 3 Month 5.3% 6 Month 16.7% 1 Year 5.5% 3 Year 12.1% 5 Year 10% 10 Year 15 Year Since launch Historical performance (Yearly) on absolute basis
Year Returns 2018 -0.6% 2017 12.8% 2016 11% 2015 1.8% 2014 14.1% 2013 2012 2011 2010 2009 Fund Manager information for Kotak US Equity Fund
Name Since Tenure Deepak Gupta 31 Jan 15 4 Yr. Data below for Kotak US Equity Fund as on 30 Apr 19
Equity Sector Allocation
Sector Value Technology 18.88% Financial Services 15.3% Health Care 10.64% Consumer Cyclical 9.51% Industrials 8.8% Consumer Defensive 7.34% Energy 5.71% Basic Materials 3.52% Communication Services 1.86% Real Estate 1.33% Utility 1.16% Asset Allocation
Asset Class Value Cash 19.65% Equity 84.07% Top Securities Holdings / Portfolio
Name Holding Value Quantity PineBridge US Large Cap RsrchEnh C
Investment Fund | -86% ₹10 Cr 67,464
↑ 6,143 Triparty Repo
CBLO/Reverse Repo | -12% ₹1 Cr Net Current Assets/(Liabilities)
Net Current Assets | -3% ₹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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