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Table of Contents
- Background of International Mutual Funds in India
- Best International Mutual Funds to Invest in FY 21 - 22
- 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 Mining Fund
- Franklin India Feeder - Franklin U S Opportunities Fund
- Kotak Global Emerging Market Fund
- DSP BlackRock World Gold Fund
- Franklin Asian Equity Fund
- DSP BlackRock World Agriculture Fund
- Edelweiss Emerging Markets Opportunities Equity Off-shore Fund
- DSP BlackRock US Flexible Equity 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,
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 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 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 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. Kotak Global Emerging Market Fund is a Equity - Global fund was launched on 26 Sep 07. It is a fund with High risk and has given a Below is the key information for Kotak Global Emerging Market Fund Returns up to 1 year are on "The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in units of MLIIF - WGF. The Scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which may constitute a significant part of its corpus. The Scheme may also invest a certain portion of its corpus in money market securities and/or units of money market/liquid schemes of DSP Merrill Lynch Mutual Fund, in order to meet liquidity requirements from time to time. However, there is no assurance that the investment objective of the Scheme will be realized." DSP BlackRock World Gold Fund is a Equity - Global fund was launched on 14 Sep 07. It is a fund with High risk and has given a Below is the key information for DSP BlackRock World Gold Fund Returns up to 1 year are on An open-end diversified equity fund that seeks to provide medium to long term appreciation through investments primarily in Asian Companies / sectors (excluding Japan) with long term potential across market capitalisation. Franklin Asian Equity Fund is a Equity - Global fund was launched on 16 Jan 08. It is a fund with High risk and has given a Below is the key information for Franklin Asian Equity Fund Returns up to 1 year are on The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in units of BlackRock Global Funds - World Agriculture Fund (BGF - WAF). 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 – WAF. DSP BlackRock World Agriculture Fund is a Equity - Global fund was launched on 19 Oct 11. It is a fund with High risk and has given a Below is the key information for DSP BlackRock World Agriculture Fund Returns up to 1 year are on The primary investment objective of the Scheme is to seek to provide long term capital growth by investing predominantly in the JPMorgan Funds - Emerging Markets Opportunities Fund, an equity fund which invests primarily in an aggressively managed portfolio of emerging market companies Edelweiss Emerging Markets Opportunities Equity Off-shore Fund is a Equity - Global fund was launched on 7 Jul 14. It is a fund with High risk and has given a Below is the key information for Edelweiss Emerging Markets Opportunities Equity Off-shore Fund Returns up to 1 year are on The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in units of BGF – USFEF. The Scheme may, at the discretion of the Investment Manager also invest in the units of other similar overseas mutual fund schemes, which may constitute a significant part of its corpus. The Scheme may also invest a certain portion of its corpus in money market securities and/or money market/liquid schemes of DSP BlackRock Mutual Fund, in order to meet liquidity requirements from time to time. However, there is no assurance that the investment objective of the Scheme will be realized. It shall be noted ‘similar overseas mutual fund schemes’ shall have investment objective, investment strategy and risk profile/consideration similar to those of BGF – USFEF. DSP BlackRock US Flexible Equity Fund is a Equity - Global fund was launched on 3 Aug 12. It is a fund with High risk and has given a Below is the key information for DSP BlackRock US Flexible Equity Fund Returns up to 1 year are on Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2020 (%) DSP BlackRock World Mining Fund Growth ₹13.2488
↑ 0.04 ₹54 500 26.2 35.7 47.4 14.8 26.2 34.9 Franklin India Feeder - Franklin U S Opportunities Fund Growth ₹49.5076
↓ -0.62 ₹2,545 500 3.8 13.9 39.6 25 20.8 45.2 Kotak Global Emerging Market Fund Growth ₹23.861
↑ 0.22 ₹107 1,000 23.5 31.6 35.8 11.7 14.8 29.1 DSP BlackRock World Gold Fund Growth ₹18.8793
↓ -0.23 ₹805 500 -11.5 -5.9 35.3 16.4 18.2 31.4 Franklin Asian Equity Fund Growth ₹32.7386
↑ 0.06 ₹219 500 19.7 27.4 29 12.2 18.1 25.8 DSP BlackRock World Agriculture Fund Growth ₹22.1791
↑ 0.10 ₹37 500 13.3 23.8 27.8 11 11.3 21 Edelweiss Emerging Markets Opportunities Equity Off-shore Fund Growth ₹18.4052
↑ 0.18 ₹30 1,000 22 30.1 27.6 13.5 18.9 21.7 DSP BlackRock US Flexible Equity Fund Growth ₹35.4174
↑ 0.23 ₹293 500 10.8 21.6 26 15.8 17.1 22.6 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 14 Jan 21 10 crore of more and sorted on last one year return.
1. DSP BlackRock World Mining Fund
CAGR/Annualized return of 2.6% 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 Jan 21) ₹13.2488 ↑ 0.04 (0.32 %) Net Assets (Cr) ₹54 on 30 Nov 20 Category Equity - Global AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆ Risk High Expense Ratio 1.3 Sharpe Ratio 0.85 Information Ratio -1.05 Alpha Ratio 1.96 Min Investment 1,000 Min SIP Investment 500 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 15 ₹10,000 31 Dec 16 ₹14,965 31 Dec 17 ₹18,123 31 Dec 18 ₹16,411 31 Dec 19 ₹19,942 31 Dec 20 ₹26,901 Returns for DSP BlackRock World Mining Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 21 Duration Returns 1 Month 10.5% 3 Month 26.2% 6 Month 35.7% 1 Year 47.4% 3 Year 14.8% 5 Year 26.2% 10 Year 15 Year Since launch 2.6% 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 7.84 Yr. Data below for DSP BlackRock World Mining Fund as on 30 Nov 20
Equity Sector Allocation
Sector Value Basic Materials 90.81% Financial Services 2.09% Asset Allocation
Asset Class Value Cash 7.09% Equity 92.9% Debt 0.01% Top Securities Holdings / Portfolio
Name Holding Value Quantity BGF World Mining I2
Investment Fund | -94% ₹72 Cr 163,436
↑ 30,859 Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -18% ₹14 Cr Net Receivables/Payables
Net Current Assets | -12% -₹9 Cr 2. Franklin India Feeder - Franklin U S Opportunities Fund
CAGR/Annualized return of 19.6% since its launch. Ranked 6 in Global category. Return for 2020 was 45.2% , 2019 was 34.2% and 2018 was 6.5% . Franklin India Feeder - Franklin U S Opportunities Fund
Growth Launch Date 6 Feb 12 NAV (14 Jan 21) ₹49.5076 ↓ -0.62 (-1.24 %) Net Assets (Cr) ₹2,545 on 30 Nov 20 Category Equity - Global AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆☆☆ Risk High Expense Ratio 1.56 Sharpe Ratio 1.46 Information Ratio 0.12 Alpha Ratio 3.66 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-3 Years (1%),3 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 15 ₹10,000 31 Dec 16 ₹9,923 31 Dec 17 ₹11,721 31 Dec 18 ₹12,482 31 Dec 19 ₹16,751 31 Dec 20 ₹24,326 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 14 Jan 21 Duration Returns 1 Month 1.7% 3 Month 3.8% 6 Month 13.9% 1 Year 39.6% 3 Year 25% 5 Year 20.8% 10 Year 15 Year Since launch 19.6% Historical performance (Yearly) on absolute basis
Year Returns 2020 45.2% 2019 34.2% 2018 6.5% 2017 18.1% 2016 -0.8% 2015 8.8% 2014 8.4% 2013 55.2% 2012 2011 Fund Manager information for Franklin India Feeder - Franklin U S Opportunities Fund
Name Since Tenure Mayank Bukrediwala 24 Aug 20 0.35 Yr. Data below for Franklin India Feeder - Franklin U S Opportunities Fund as on 30 Nov 20
Equity Sector Allocation
Sector Value Technology 28.21% Health Care 15.48% Financial Services 13.29% Consumer Cyclical 12.31% Communication Services 8.06% Industrials 5.96% Real Estate 4.94% Consumer Defensive 2.75% Basic Materials 1.3% Utility 0.35% Asset Allocation
Asset Class Value Cash 3.36% Equity 93.33% Other 3.31% Top Securities Holdings / Portfolio
Name Holding Value Quantity Franklin US Opportunities I(acc)USD
Investment Fund | -100% ₹2,718 Cr 5,070,258
↑ 188,608 Call, Cash & Other Assets
Net Current Assets | -0% ₹5 Cr 3. Kotak Global Emerging Market Fund
CAGR/Annualized return of 6.8% since its launch. Ranked 17 in Global category. Return for 2020 was 29.1% , 2019 was 21.4% and 2018 was -14.4% . Kotak Global Emerging Market Fund
Growth Launch Date 26 Sep 07 NAV (14 Jan 21) ₹23.861 ↑ 0.22 (0.92 %) Net Assets (Cr) ₹107 on 30 Nov 20 Category Equity - Global AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk High Expense Ratio 1.18 Sharpe Ratio 1.05 Information Ratio -0.02 Alpha Ratio 6.44 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 15 ₹10,000 31 Dec 16 ₹9,878 31 Dec 17 ₹12,879 31 Dec 18 ₹11,026 31 Dec 19 ₹13,385 31 Dec 20 ₹17,280 Returns for Kotak Global Emerging Market Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 21 Duration Returns 1 Month 10.2% 3 Month 23.5% 6 Month 31.6% 1 Year 35.8% 3 Year 11.7% 5 Year 14.8% 10 Year 15 Year Since launch 6.8% Historical performance (Yearly) on absolute basis
Year Returns 2020 29.1% 2019 21.4% 2018 -14.4% 2017 30.4% 2016 -1.2% 2015 -4.6% 2014 -2.6% 2013 15.3% 2012 23.9% 2011 -4.4% Fund Manager information for Kotak Global Emerging Market Fund
Name Since Tenure Arjun Khanna 9 May 19 1.65 Yr. Data below for Kotak Global Emerging Market Fund as on 30 Nov 20
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Cash 4.13% Other 95.87% Top Securities Holdings / Portfolio
Name Holding Value Quantity Signature Emerging Markets Fund - 974
- | -96% ₹109 Cr 472,055
↑ 9,992 Triparty Repo
CBLO/Reverse Repo | -5% ₹5 Cr Net Current Assets/(Liabilities)
Net Current Assets | -0% ₹0 Cr 4. DSP BlackRock World Gold Fund
CAGR/Annualized return of 4.9% since its launch. Ranked 11 in Global category. Return for 2020 was 31.4% , 2019 was 35.1% and 2018 was -10.7% . DSP BlackRock World Gold Fund
Growth Launch Date 14 Sep 07 NAV (14 Jan 21) ₹18.8793 ↓ -0.23 (-1.22 %) Net Assets (Cr) ₹805 on 30 Nov 20 Category Equity - Global AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆ Risk High Expense Ratio 1.32 Sharpe Ratio 0.71 Information Ratio -0.94 Alpha Ratio -2.21 Min Investment 1,000 Min SIP Investment 500 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 15 ₹10,000 31 Dec 16 ₹15,269 31 Dec 17 ₹14,659 31 Dec 18 ₹13,097 31 Dec 19 ₹17,694 31 Dec 20 ₹23,252 Returns for DSP BlackRock World Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 21 Duration Returns 1 Month 1.3% 3 Month -11.5% 6 Month -5.9% 1 Year 35.3% 3 Year 16.4% 5 Year 18.2% 10 Year 15 Year Since launch 4.9% Historical performance (Yearly) on absolute basis
Year Returns 2020 31.4% 2019 35.1% 2018 -10.7% 2017 -4% 2016 52.7% 2015 -18.5% 2014 -3% 2013 -41.5% 2012 -5.8% 2011 -2.6% Fund Manager information for DSP BlackRock World Gold Fund
Name Since Tenure Jay Kothari 1 Mar 13 7.84 Yr. Data below for DSP BlackRock World Gold Fund as on 30 Nov 20
Equity Sector Allocation
Sector Value Basic Materials 92.39% Asset Allocation
Asset Class Value Cash 4.37% Equity 93.27% Debt 0% Other 2.37% Top Securities Holdings / Portfolio
Name Holding Value Quantity BGF World Gold I2
Investment Fund | -97% ₹842 Cr 2,390,495
↑ 41,108 Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -4% ₹31 Cr Net Receivables/Payables
Net Current Assets | -0% -₹2 Cr 5. Franklin Asian Equity Fund
CAGR/Annualized return of 9.6% since its launch. Ranked 1 in Global category. Return for 2020 was 25.8% , 2019 was 28.2% and 2018 was -13.6% . Franklin Asian Equity Fund
Growth Launch Date 16 Jan 08 NAV (15 Jan 21) ₹32.7386 ↑ 0.06 (0.19 %) Net Assets (Cr) ₹219 on 30 Nov 20 Category Equity - Global AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆☆☆☆ Risk High Expense Ratio 2.59 Sharpe Ratio 1.03 Information Ratio -0.1 Alpha Ratio -3.2 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-3 Years (1%),3 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 15 ₹10,000 31 Dec 16 ₹10,719 31 Dec 17 ₹14,521 31 Dec 18 ₹12,542 31 Dec 19 ₹16,073 31 Dec 20 ₹20,227 Returns for Franklin Asian Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 21 Duration Returns 1 Month 8.4% 3 Month 19.7% 6 Month 27.4% 1 Year 29% 3 Year 12.2% 5 Year 18.1% 10 Year 15 Year Since launch 9.6% Historical performance (Yearly) on absolute basis
Year Returns 2020 25.8% 2019 28.2% 2018 -13.6% 2017 35.5% 2016 7.2% 2015 -4.6% 2014 9.2% 2013 12.4% 2012 19.3% 2011 -1.6% Fund Manager information for Franklin Asian Equity Fund
Name Since Tenure Roshi Jain 16 Jan 08 12.97 Yr. Pyari Menon 26 Sep 19 1.27 Yr. Data below for Franklin Asian Equity Fund as on 30 Nov 20
Equity Sector Allocation
Sector Value Technology 22.8% Consumer Cyclical 19.94% Financial Services 16.26% Communication Services 11.77% Consumer Defensive 8.71% Basic Materials 5.28% Industrials 4.06% Real Estate 4.06% Health Care 1.74% Energy 0.69% Asset Allocation
Asset Class Value Cash 4.69% Equity 95.31% Top Securities Holdings / Portfolio
Name Holding Value Quantity Samsung Electronics Co Ltd (Technology)
Equity, Since 31 Mar 08 | 00593010% ₹24 Cr 43,675 Taiwan Semiconductor Manufacturing Co Ltd (Technology)
Equity, Since 31 Mar 09 | 23309% ₹21 Cr 150,714 Tencent Holdings Ltd (Communication Services)
Equity, Since 31 Jul 14 | 007009% ₹20 Cr 38,500
↑ 2,000 Alibaba Group Holding Ltd Ordinary Shares (Consumer Cyclical)
Equity, Since 31 Dec 20 | 099888% ₹18 Cr 80,104
↑ 80,104 AIA Group Ltd (Financial Services)
Equity, Since 31 Mar 12 | 012994% ₹10 Cr 110,724 Ping An Insurance (Group) Co. of China Ltd Class H (Financial Services)
Equity, Since 31 Dec 14 | 023183% ₹7 Cr 78,810 Meituan (Consumer Cyclical)
Equity, Since 30 Jun 20 | 036903% ₹7 Cr 24,800
↓ -3,300 NAVER Corp (Communication Services)
Equity, Since 31 Jan 20 | 0354202% ₹6 Cr 2,886
↑ 348 China Mengniu Dairy Co Ltd (Consumer Defensive)
Equity, Since 30 Sep 18 | 023192% ₹5 Cr 119,000 JD.com Inc Ordinary Shares - Class A (Consumer Cyclical)
Equity, Since 30 Sep 20 | 096182% ₹5 Cr 14,800
↑ 8,500 6. DSP BlackRock World Agriculture Fund
CAGR/Annualized return of 9% since its launch. Ranked 30 in Global category. Return for 2020 was 21% , 2019 was 19.7% and 2018 was -8.8% . DSP BlackRock World Agriculture Fund
Growth Launch Date 19 Oct 11 NAV (14 Jan 21) ₹22.1791 ↑ 0.10 (0.45 %) Net Assets (Cr) ₹37 on 30 Nov 20 Category Equity - Global AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆ Risk High Expense Ratio 1.49 Sharpe Ratio 0.65 Information Ratio -0.9 Alpha Ratio 0.33 Min Investment 1,000 Min SIP Investment 500 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 15 ₹10,000 31 Dec 16 ₹11,071 31 Dec 17 ₹11,522 31 Dec 18 ₹10,510 31 Dec 19 ₹12,580 31 Dec 20 ₹15,226 Returns for DSP BlackRock World Agriculture Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 21 Duration Returns 1 Month 6.7% 3 Month 13.3% 6 Month 23.8% 1 Year 27.8% 3 Year 11% 5 Year 11.3% 10 Year 15 Year Since launch 9% Historical performance (Yearly) on absolute basis
Year Returns 2020 21% 2019 19.7% 2018 -8.8% 2017 4.1% 2016 10.7% 2015 -10.1% 2014 4.5% 2013 21.6% 2012 13.5% 2011 Fund Manager information for DSP BlackRock World Agriculture Fund
Name Since Tenure Jay Kothari 1 Mar 13 7.84 Yr. Data below for DSP BlackRock World Agriculture Fund as on 30 Nov 20
Equity Sector Allocation
Sector Value Consumer Defensive 47.64% Basic Materials 19.1% Consumer Cyclical 18.14% Industrials 7.82% Health Care 1.47% Asset Allocation
Asset Class Value Cash 5.83% Equity 94.16% Debt 0.01% Top Securities Holdings / Portfolio
Name Holding Value Quantity BR Global Funds - Nutrition I2 $
Investment Fund | -96% ₹39 Cr 292,520
↑ 7,897 Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -7% ₹3 Cr Net Receivables/Payables
Net Current Assets | -3% -₹1 Cr 7. Edelweiss Emerging Markets Opportunities Equity Off-shore Fund
CAGR/Annualized return of 9.8% since its launch. Ranked 16 in Global category. Return for 2020 was 21.7% , 2019 was 25.1% and 2018 was -7.2% . Edelweiss Emerging Markets Opportunities Equity Off-shore Fund
Growth Launch Date 7 Jul 14 NAV (14 Jan 21) ₹18.4052 ↑ 0.18 (0.97 %) Net Assets (Cr) ₹30 on 30 Nov 20 Category Equity - Global AMC Edelweiss Asset Management Limited Rating ☆☆☆ Risk High Expense Ratio 1.24 Sharpe Ratio 0.92 Information Ratio 0.46 Alpha Ratio 2.67 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.
Date Value 31 Dec 15 ₹10,000 31 Dec 16 ₹10,980 31 Dec 17 ₹14,274 31 Dec 18 ₹13,242 31 Dec 19 ₹16,567 31 Dec 20 ₹20,157 Returns for Edelweiss Emerging Markets Opportunities Equity Off-shore Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 21 Duration Returns 1 Month 9.3% 3 Month 22% 6 Month 30.1% 1 Year 27.6% 3 Year 13.5% 5 Year 18.9% 10 Year 15 Year Since launch 9.8% Historical performance (Yearly) on absolute basis
Year Returns 2020 21.7% 2019 25.1% 2018 -7.2% 2017 30% 2016 9.8% 2015 -14.3% 2014 2013 2012 2011 Fund Manager information for Edelweiss Emerging Markets Opportunities Equity Off-shore Fund
Name Since Tenure Bhavesh Jain 9 Apr 18 2.73 Yr. Hardik Verma 27 Sep 19 1.26 Yr. Data below for Edelweiss Emerging Markets Opportunities Equity Off-shore Fund as on 30 Nov 20
Equity Sector Allocation
Sector Value Financial Services 22.39% Technology 21.91% Consumer Cyclical 15.63% Communication Services 11.52% Consumer Defensive 5.55% Energy 4.07% Industrials 3.32% Basic Materials 2.89% Health Care 1.93% Real Estate 1.75% Utility 0.53% Asset Allocation
Asset Class Value Cash 5.16% Equity 92.36% Other 2.48% Top Securities Holdings / Portfolio
Name Holding Value Quantity JPM Emerging Mkts Opps I (acc) USD
Investment Fund | -96% ₹41 Cr 31,511
↑ 7,544 Clearing Corporation Of India Ltd.
CBLO | -3% ₹1 Cr Reverse Repo
CBLO/Reverse Repo | -0% ₹0 Cr Net Receivables/(Payables)
Net Current Assets | -0% ₹0 Cr 8. DSP BlackRock US Flexible Equity Fund
CAGR/Annualized return of 16.1% since its launch. Ranked 3 in Global category. Return for 2020 was 22.6% , 2019 was 27.5% and 2018 was -1.1% . DSP BlackRock US Flexible Equity Fund
Growth Launch Date 3 Aug 12 NAV (14 Jan 21) ₹35.4174 ↑ 0.23 (0.65 %) Net Assets (Cr) ₹293 on 30 Nov 20 Category Equity - Global AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆☆☆ Risk High Expense Ratio 1.63 Sharpe Ratio 0.84 Information Ratio -0.68 Alpha Ratio 1.02 Min Investment 1,000 Min SIP Investment 500 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 15 ₹10,000 31 Dec 16 ₹10,981 31 Dec 17 ₹12,683 31 Dec 18 ₹12,548 31 Dec 19 ₹15,995 31 Dec 20 ₹19,602 Returns for DSP BlackRock US Flexible Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 21 Duration Returns 1 Month 3.8% 3 Month 10.8% 6 Month 21.6% 1 Year 26% 3 Year 15.8% 5 Year 17.1% 10 Year 15 Year Since launch 16.1% Historical performance (Yearly) on absolute basis
Year Returns 2020 22.6% 2019 27.5% 2018 -1.1% 2017 15.5% 2016 9.8% 2015 2.5% 2014 13.1% 2013 46.7% 2012 2011 Fund Manager information for DSP BlackRock US Flexible Equity Fund
Name Since Tenure Kedar Karnik 17 Jul 16 4.46 Yr. Laukik Bagwe 3 Aug 12 8.42 Yr. Jay Kothari 1 Mar 13 7.84 Yr. Data below for DSP BlackRock US Flexible Equity Fund as on 30 Nov 20
Equity Sector Allocation
Sector Value Technology 25.13% Financial Services 14.11% Communication Services 12.54% Consumer Cyclical 10.79% Health Care 10.59% Consumer Defensive 7.24% Industrials 6.94% Basic Materials 3.33% Energy 2.64% Real Estate 1.07% Asset Allocation
Asset Class Value Cash 5.6% Equity 94.37% Debt 0.03% Top Securities Holdings / Portfolio
Name Holding Value Quantity BGF US Flexible Equity I2 USD
Investment Fund | -96% ₹294 Cr 1,296,310
↑ 41,963 Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -4% ₹14 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.
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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.
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
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.
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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Very good article I got all the required information.