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8 Best International Mutual Funds to Invest in 2024 | Fincash.com

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8 Best International Mutual Funds 2024

Updated on February 28, 2024 , 180984 views

International Mutual Funds are funds that invest in foreign markets except for the investor’s country of residence. On the other hand, global fund invest in foreign markets as well as the investor’s country of residence. International Mutual Funds are also known as “foreign fund” and are a form of the ‘fund of funds’ strategy.

Master-Feeder-Structure

International Mutual Funds have become an attractive investment option for investors in the past few years due to the volatile local markets and an Economy going through its ups and downs.

Background of International Mutual Funds in India

With the permission of Reserve Bank of India (RBI), International Mutual Funds opened up in India in 2007. Each fund is allowed to get a corpus of USD 500 million.

Master-Feeder Structure of International Mutual Funds

International Mutual Funds follow a master-feeder structure. A master-feeder structure is a three-tier structure where investors place their money in the feeder fund which then invests in the master fund. The master fund then invests the money in the Market. A feeder fund is based on-shore i.e. in India, whereas, the master fund is based off-shore (in a foreign geography like Luxembourg etc).

A master fund can have multiple feeder funds. For example,

Multiple-Feeders

How to Pick an International Mutual Fund?

There are certain things to be kept in mind while choosing a suitable fund.

Steps-to-choose-a-fund

Best International Mutual Funds to Invest in FY 24 - 25

FundNAVNet Assets (Cr)Min SIP Investment3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2023 (%)
Franklin India Feeder - Franklin U S Opportunities Fund Growth ₹63.2254
↑ 0.56
₹3,327 500 1620.446.18.215.937.9
Nippon India US Equity Opportunites Fund Growth ₹30.1411
↑ 0.20
₹643 100 12.417.437.811.215.132.4
Sundaram Global Advantage Fund Growth ₹30.1501
↑ 0.16
₹115 100 8.612.327.511.312.330.1
Principal Global Opportunities Fund Growth ₹47.4362
↓ -0.04
₹38 2,000 2.93.125.824.816.5
DSP BlackRock US Flexible Equity Fund Growth ₹51.5462
↑ 0.28
₹835 500 11.311.422.713.115.922
ICICI Prudential US Bluechip Equity Fund Growth ₹57.35
↑ 0.35
₹2,949 100 9.38.622.413.815.930.6
Nippon India Japan Equity Fund Growth ₹18.0585
↑ 0.18
₹298 100 8.111.119.82.9 18.7
Invesco India Feeder- Invesco Global Equity Income Fund Growth ₹23.0927
↑ 0.10
₹20 500 7.39.619.713.512.527
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 29 Feb 24
*Funds having net assets of 10 crore of more and sorted on last one year return.

1. Franklin India Feeder - Franklin U S Opportunities Fund

The Fund seeks to provide capital appreciation by investing predominantly in units of Franklin U. S. Opportunities Fund, an overseas Franklin Templeton mutual fund, which primarily invests in securities in the United States of America.

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 CAGR/Annualized return of 16.5% since its launch.  Ranked 6 in Global category.  Return for 2023 was 37.9% , 2022 was -30.3% and 2021 was 17.9% .

Below is the key information for Franklin India Feeder - Franklin U S Opportunities Fund

Franklin India Feeder - Franklin U S Opportunities Fund
Growth
Launch Date 6 Feb 12
NAV (29 Feb 24) ₹63.2254 ↑ 0.56   (0.89 %)
Net Assets (Cr) ₹3,327 on 31 Jan 24
Category Equity - Global
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk High
Expense Ratio 1.54
Sharpe Ratio 1.4
Information Ratio -1.64
Alpha Ratio -3.77
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-3 Years (1%),3 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
28 Feb 19₹10,000
29 Feb 20₹11,348
28 Feb 21₹16,483
28 Feb 22₹16,622
28 Feb 23₹14,305
29 Feb 24₹20,896

Franklin India Feeder - Franklin U S Opportunities Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹447,579.
Net Profit of ₹147,579
Invest Now

Returns for Franklin India Feeder - Franklin U S Opportunities Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Feb 24

DurationReturns
1 Month 8.3%
3 Month 16%
6 Month 20.4%
1 Year 46.1%
3 Year 8.2%
5 Year 15.9%
10 Year
15 Year
Since launch 16.5%
Historical performance (Yearly) on absolute basis
YearReturns
2023 37.9%
2022 -30.3%
2021 17.9%
2020 45.2%
2019 34.2%
2018 6.5%
2017 18.1%
2016 -0.8%
2015 8.8%
2014 8.4%
Fund Manager information for Franklin India Feeder - Franklin U S Opportunities Fund
NameSinceTenure
Sandeep Manam18 Oct 212.29 Yr.

Data below for Franklin India Feeder - Franklin U S Opportunities Fund as on 31 Jan 24

Equity Sector Allocation
SectorValue
Technology41.51%
Consumer Cyclical10.78%
Health Care10.43%
Communication Services10.4%
Financial Services7.71%
Industrials5.46%
Consumer Defensive3.59%
Real Estate2.01%
Basic Materials1.94%
Asset Allocation
Asset ClassValue
Cash1.39%
Equity96.58%
Other1.03%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Franklin US Opportunities I(acc)USD
Investment Fund | -
99%₹3,263 Cr5,129,023
↓ -115,256
Call, Cash & Other Assets
CBLO | -
1%₹28 Cr

2. Nippon India US Equity Opportunites Fund

The primary investment objective of Reliance US Equity Opportunities Fund is to provide long term capital appreciation to investors by primarily investing in equity and equity related securities of companies listed on recognized stock exchanges in the US and the secondary objective is to generate consistent returns by investing in debt and money market securities in India. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

Nippon India US Equity Opportunites Fund is a Equity - Global fund was launched on 23 Jul 15. It is a fund with High risk and has given a CAGR/Annualized return of 13.7% since its launch.  Return for 2023 was 32.4% , 2022 was -19% and 2021 was 22.2% .

Below is the key information for Nippon India US Equity Opportunites Fund

Nippon India US Equity Opportunites Fund
Growth
Launch Date 23 Jul 15
NAV (29 Feb 24) ₹30.1411 ↑ 0.20   (0.68 %)
Net Assets (Cr) ₹643 on 31 Jan 24
Category Equity - Global
AMC Nippon Life Asset Management Ltd.
Rating Not Rated
Risk High
Expense Ratio 2.49
Sharpe Ratio 1.19
Information Ratio -1.07
Alpha Ratio 1.62
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.

DateValue
28 Feb 19₹10,000
29 Feb 20₹11,006
28 Feb 21₹14,669
28 Feb 22₹15,829
28 Feb 23₹14,639
29 Feb 24₹20,167

Nippon India US Equity Opportunites Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹447,579.
Net Profit of ₹147,579
Invest Now

Returns for Nippon India US Equity Opportunites Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Feb 24

DurationReturns
1 Month 6%
3 Month 12.4%
6 Month 17.4%
1 Year 37.8%
3 Year 11.2%
5 Year 15.1%
10 Year
15 Year
Since launch 13.7%
Historical performance (Yearly) on absolute basis
YearReturns
2023 32.4%
2022 -19%
2021 22.2%
2020 22.4%
2019 31.8%
2018 7.7%
2017 16.9%
2016 8.2%
2015
2014
Fund Manager information for Nippon India US Equity Opportunites Fund
NameSinceTenure
Kinjal Desai25 May 185.69 Yr.

Data below for Nippon India US Equity Opportunites Fund as on 31 Jan 24

Equity Sector Allocation
SectorValue
Technology26.47%
Health Care19.3%
Communication Services15.36%
Consumer Cyclical15.04%
Financial Services14.39%
Basic Materials3.93%
Asset Allocation
Asset ClassValue
Cash5.5%
Equity94.5%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Microsoft Corp (Technology)
Equity, Since 30 Nov 18 | MSF
8%₹48 Cr15,303
↓ -2,690
Alphabet Inc Class A (Communication Services)
Equity, Since 31 Jul 15 | ABEA
7%₹47 Cr40,634
Amazon.com Inc (Consumer Cyclical)
Equity, Since 31 Mar 19 | AMZN
6%₹40 Cr31,635
IQVIA Holdings Inc (Healthcare)
Equity, Since 28 Feb 17 | QTS
6%₹37 Cr19,088
↓ -2,420
Mastercard Inc Class A (Financial Services)
Equity, Since 31 Jul 15 | M4I
6%₹37 Cr10,346
Booking Holdings Inc (Consumer Cyclical)
Equity, Since 31 Jul 15 | 0W2Y
6%₹37 Cr1,238
↓ -144
Meta Platforms Inc Class A (Communication Services)
Equity, Since 31 Oct 16 | META
5%₹34 Cr11,610
Elevance Health Inc (Healthcare)
Equity, Since 28 Feb 18 | ELV
4%₹28 Cr7,050
Charles Schwab Corp (Financial Services)
Equity, Since 31 Jul 22 | SCHW
4%₹27 Cr47,952
↓ -12,714
Visa Inc Class A (Financial Services)
Equity, Since 31 Jan 17 | 3V64
4%₹27 Cr12,566

3. Sundaram Global Advantage Fund

To achieve capital appreciation by investing in units of overseas mutual funds and exchange traded funds, domestic money market instruments. Income generation may only be a secondary objective.

Sundaram Global Advantage Fund is a Equity - Global fund was launched on 24 Aug 07. It is a fund with High risk and has given a CAGR/Annualized return of 6.9% since its launch.  Ranked 28 in Global category.  Return for 2023 was 30.1% , 2022 was -15.4% and 2021 was 18.5% .

Below is the key information for Sundaram Global Advantage Fund

Sundaram Global Advantage Fund
Growth
Launch Date 24 Aug 07
NAV (29 Feb 24) ₹30.1501 ↑ 0.16   (0.55 %)
Net Assets (Cr) ₹115 on 31 Jan 24
Category Equity - Global
AMC Sundaram Asset Management Company Ltd
Rating
Risk High
Expense Ratio 1.49
Sharpe Ratio 1.01
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 100
Exit Load 0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
28 Feb 19₹10,000
29 Feb 20₹9,984
28 Feb 21₹12,952
28 Feb 22₹14,362
28 Feb 23₹14,004
29 Feb 24₹17,855

Sundaram Global Advantage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹415,684.
Net Profit of ₹115,684
Invest Now

Returns for Sundaram Global Advantage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Feb 24

DurationReturns
1 Month 5%
3 Month 8.6%
6 Month 12.3%
1 Year 27.5%
3 Year 11.3%
5 Year 12.3%
10 Year
15 Year
Since launch 6.9%
Historical performance (Yearly) on absolute basis
YearReturns
2023 30.1%
2022 -15.4%
2021 18.5%
2020 21.4%
2019 17.6%
2018 -8.1%
2017 19.8%
2016 12.8%
2015 -14.2%
2014 -3.6%
Fund Manager information for Sundaram Global Advantage Fund
NameSinceTenure
Rohit Seksaria30 Dec 176.09 Yr.
Ashish Aggarwal1 Jan 222.08 Yr.

Data below for Sundaram Global Advantage Fund as on 31 Jan 24

Equity Sector Allocation
SectorValue
Technology29.96%
Consumer Cyclical25.39%
Communication Services13.04%
Financial Services11.47%
Consumer Defensive8.74%
Industrials5.27%
Asset Allocation
Asset ClassValue
Cash6.13%
Equity93.87%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Sundaram Global Brand Master
Investment Fund | -
97%₹116 Cr10,132,595
Treps
CBLO/Reverse Repo | -
3%₹4 Cr
Cash And Other Net Current Assets
Net Current Assets | -
0%-₹1 Cr

4. Principal Global Opportunities Fund

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 CAGR/Annualized return of 9.2% since its launch.  Ranked 8 in Global category. .

Below is the key information for Principal Global Opportunities Fund

Principal Global Opportunities Fund
Growth
Launch Date 29 Mar 04
NAV (31 Dec 21) ₹47.4362 ↓ -0.04   (-0.09 %)
Net Assets (Cr) ₹38 on 30 Nov 21
Category Equity - Global
AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd.
Rating
Risk High
Expense Ratio 2.1
Sharpe Ratio 2.31
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.

DateValue
28 Feb 19₹10,000
29 Feb 20₹10,258
28 Feb 21₹14,276

Principal Global Opportunities Fund SIP Returns

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

Returns for Principal Global Opportunities Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Feb 24

DurationReturns
1 Month 0%
3 Month 2.9%
6 Month 3.1%
1 Year 25.8%
3 Year 24.8%
5 Year 16.5%
10 Year
15 Year
Since launch 9.2%
Historical performance (Yearly) on absolute basis
YearReturns
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Fund Manager information for Principal Global Opportunities Fund
NameSinceTenure

Data below for Principal Global Opportunities Fund as on 30 Nov 21

Equity Sector Allocation
SectorValue
Asset Allocation
Asset ClassValue
Top Securities Holdings / Portfolio
NameHoldingValueQuantity

5. DSP BlackRock US Flexible Equity Fund

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

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 CAGR/Annualized return of 15.2% since its launch.  Ranked 3 in Global category.  Return for 2023 was 22% , 2022 was -5.9% and 2021 was 24.2% .

Below is the key information for DSP BlackRock US Flexible Equity Fund

DSP BlackRock US Flexible Equity Fund
Growth
Launch Date 3 Aug 12
NAV (29 Feb 24) ₹51.5462 ↑ 0.28   (0.55 %)
Net Assets (Cr) ₹835 on 31 Jan 24
Category Equity - Global
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk High
Expense Ratio 1.61
Sharpe Ratio 0.99
Information Ratio -0.26
Alpha Ratio 0.27
Min Investment 1,000
Min SIP Investment 500
Exit Load 0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
28 Feb 19₹10,000
29 Feb 20₹10,086
28 Feb 21₹14,426
28 Feb 22₹16,270
28 Feb 23₹17,011
29 Feb 24₹20,880

DSP BlackRock US Flexible Equity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹447,579.
Net Profit of ₹147,579
Invest Now

Returns for DSP BlackRock US Flexible Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Feb 24

DurationReturns
1 Month 3%
3 Month 11.3%
6 Month 11.4%
1 Year 22.7%
3 Year 13.1%
5 Year 15.9%
10 Year
15 Year
Since launch 15.2%
Historical performance (Yearly) on absolute basis
YearReturns
2023 22%
2022 -5.9%
2021 24.2%
2020 22.6%
2019 27.5%
2018 -1.1%
2017 15.5%
2016 9.8%
2015 2.5%
2014 13.1%
Fund Manager information for DSP BlackRock US Flexible Equity Fund
NameSinceTenure
Kedar Karnik17 Jul 167.55 Yr.
Laukik Bagwe3 Aug 1211.5 Yr.
Jay Kothari1 Mar 1310.93 Yr.

Data below for DSP BlackRock US Flexible Equity Fund as on 31 Jan 24

Equity Sector Allocation
SectorValue
Technology27.88%
Health Care15.02%
Financial Services13.42%
Communication Services13.05%
Consumer Cyclical10.42%
Consumer Defensive5.82%
Energy4.54%
Basic Materials4.43%
Industrials3.24%
Asset Allocation
Asset ClassValue
Cash2.18%
Equity97.82%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
BGF US Flexible Equity I2
Investment Fund | -
99%₹811 Cr2,368,405
Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -
1%₹9 Cr
Net Receivables/Payables
Net Current Assets | -
0%-₹3 Cr

6. ICICI Prudential US Bluechip Equity Fund

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 CAGR/Annualized return of 16.2% since its launch.  Ranked 7 in Global category.  Return for 2023 was 30.6% , 2022 was -7.1% and 2021 was 22.5% .

Below is the key information for ICICI Prudential US Bluechip Equity Fund

ICICI Prudential US Bluechip Equity Fund
Growth
Launch Date 6 Jul 12
NAV (29 Feb 24) ₹57.35 ↑ 0.35   (0.61 %)
Net Assets (Cr) ₹2,949 on 31 Jan 24
Category Equity - Global
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk High
Expense Ratio 2.18
Sharpe Ratio 0.53
Information Ratio -0.24
Alpha Ratio -8.79
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.

DateValue
28 Feb 19₹10,000
29 Feb 20₹10,967
28 Feb 21₹14,190
28 Feb 22₹16,558
28 Feb 23₹17,102
29 Feb 24₹20,931

ICICI Prudential US Bluechip Equity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹447,579.
Net Profit of ₹147,579
Invest Now

Returns for ICICI Prudential US Bluechip Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Feb 24

DurationReturns
1 Month 3.6%
3 Month 9.3%
6 Month 8.6%
1 Year 22.4%
3 Year 13.8%
5 Year 15.9%
10 Year
15 Year
Since launch 16.2%
Historical performance (Yearly) on absolute basis
YearReturns
2023 30.6%
2022 -7.1%
2021 22.5%
2020 18.6%
2019 34.3%
2018 5.2%
2017 14.1%
2016 11.6%
2015 0.7%
2014 12.7%
Fund Manager information for ICICI Prudential US Bluechip Equity Fund
NameSinceTenure
Rohan Maru19 Sep 1310.38 Yr.
Sharmila D’mello1 Jul 221.59 Yr.

Data below for ICICI Prudential US Bluechip Equity Fund as on 31 Jan 24

Equity Sector Allocation
SectorValue
Health Care20.18%
Industrials17.41%
Financial Services16.17%
Technology13.78%
Consumer Defensive8.62%
Consumer Cyclical7.86%
Communication Services7.62%
Basic Materials6.79%
Asset Allocation
Asset ClassValue
Cash1.57%
Equity98.43%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Allegion PLC (Industrials)
Equity, Since 30 Sep 22 | ALLE
3%₹82 Cr77,886
↑ 4,760
Masco Corp (Industrials)
Equity, Since 31 Mar 22 | MSQ
3%₹79 Cr141,293
Veeva Systems Inc Class A (Healthcare)
Equity, Since 31 Oct 21 | VEEV
3%₹79 Cr49,140
The Walt Disney Co (Communication Services)
Equity, Since 31 Dec 21 | WDP
3%₹78 Cr104,523
Salesforce Inc (Technology)
Equity, Since 31 Dec 18 | CRM
3%₹77 Cr35,365
International Flavors & Fragrances Inc (Basic Materials)
Equity, Since 30 Sep 22 | IFF
3%₹77 Cr114,566
↑ 8,850
Wells Fargo & Co (Financial Services)
Equity, Since 30 Jun 16 | NWT
3%₹76 Cr186,892
Alphabet Inc Class C (Communication Services)
Equity, Since 31 Jan 18 | ABEC
3%₹76 Cr65,127
↑ 2,950
Charles Schwab Corp (Financial Services)
Equity, Since 30 Jun 23 | SCHW
3%₹76 Cr132,533
↓ -29,100
Agilent Technologies Inc (Healthcare)
Equity, Since 30 Jun 23 | AG8
3%₹75 Cr65,025

7. Nippon India Japan Equity Fund

The primary investment objective of Reliance Japan Equity Fund is to provide long term capital appreciation to investors by primarily investing in equity and equity related securities of companies listed on the recognized stock exchanges of Japan and the secondary objective is to generate consistent returns by investing in debt and money market securities of India. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

Nippon India Japan Equity Fund is a Equity - Global fund was launched on 26 Aug 14. It is a fund with High risk and has given a CAGR/Annualized return of 5.2% since its launch.  Ranked 9 in Global category.  Return for 2023 was 18.7% , 2022 was -15.3% and 2021 was 5.7% .

Below is the key information for Nippon India Japan Equity Fund

Nippon India Japan Equity Fund
Growth
Launch Date 26 Aug 14
NAV (01 Mar 24) ₹18.0585 ↑ 0.18   (1.00 %)
Net Assets (Cr) ₹298 on 31 Jan 24
Category Equity - Global
AMC Nippon Life Asset Management Ltd.
Rating
Risk High
Expense Ratio 2.43
Sharpe Ratio 0.49
Information Ratio -1.18
Alpha Ratio -6.48
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.

DateValue
29 Feb 20₹9,170
28 Feb 21₹11,598
28 Feb 22₹11,218
28 Feb 23₹10,535
29 Feb 24₹12,621

Nippon India Japan Equity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹323,701.
Net Profit of ₹23,701
Invest Now

Returns for Nippon India Japan Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Feb 24

DurationReturns
1 Month 3.1%
3 Month 8.1%
6 Month 11.1%
1 Year 19.8%
3 Year 2.9%
5 Year
10 Year
15 Year
Since launch 5.2%
Historical performance (Yearly) on absolute basis
YearReturns
2023 18.7%
2022 -15.3%
2021 5.7%
2020
2019
2018
2017
2016
2015
2014
Fund Manager information for Nippon India Japan Equity Fund
NameSinceTenure
Kinjal Desai25 May 185.69 Yr.

Data below for Nippon India Japan Equity Fund as on 31 Jan 24

Equity Sector Allocation
SectorValue
Industrials32.1%
Technology16.08%
Consumer Cyclical15.81%
Consumer Defensive9.37%
Financial Services9.31%
Real Estate6.19%
Basic Materials3.33%
Communication Services3.14%
Asset Allocation
Asset ClassValue
Cash4.69%
Equity95.31%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Nitori Holdings Co Ltd (Consumer Cyclical)
Equity, Since 30 Jun 20 | 9843
3%₹10 Cr8,800
↓ -800
Recruit Holdings Co Ltd (Industrials)
Equity, Since 30 Jun 23 | 6098
3%₹10 Cr27,700
↓ -4,900
Shin-Etsu Chemical Co Ltd (Basic Materials)
Equity, Since 30 Jun 17 | SHECF
3%₹10 Cr27,900
↓ -8,100
BayCurrent Consulting Inc (Industrials)
Equity, Since 30 Jun 22 | 6532
3%₹10 Cr33,300
↑ 500
GMO Payment Gateway Inc (Technology)
Equity, Since 30 Jun 23 | 3769
3%₹10 Cr16,800
↓ -2,500
Daikin Industries Ltd (Industrials)
Equity, Since 30 Jun 16 | DKI
3%₹10 Cr7,100
↑ 500
Keyence Corp (Technology)
Equity, Since 30 Jun 23 | KEE
3%₹10 Cr2,600
↓ -300
Sony Group Corp (Technology)
Equity, Since 30 Jun 21 | SON1
3%₹9 Cr12,000
↓ -1,300
Nidec Corp (Industrials)
Equity, Since 30 Jun 16 | NIB
3%₹9 Cr28,200
↑ 5,600
Ajinomoto Co Inc (Consumer Defensive)
Equity, Since 30 Jun 23 | 2802
3%₹9 Cr29,300
↑ 1,800

8. Invesco India Feeder- Invesco Global Equity Income Fund

(Erstwhile Invesco India Global Equity Income Fund)

To provide capital appreciation and/or income by investing predominantly in units of Invesco Global Equity Income Fund, an overseas equity fund which invests primarily in equities of companies worldwide. The Scheme may, at the discretion of Fund Manager, also invest in units of other similar Overseas Mutual Funds with similar objectives, strategy and attributes which may constitute a significant portion of its net assets.

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 CAGR/Annualized return of 8.8% since its launch.  Ranked 12 in Global category.  Return for 2023 was 27% , 2022 was -2.1% and 2021 was 21% .

Below is the key information for Invesco India Feeder- Invesco Global Equity Income Fund

Invesco India Feeder- Invesco Global Equity Income Fund
Growth
Launch Date 5 May 14
NAV (01 Mar 24) ₹23.0927 ↑ 0.10   (0.43 %)
Net Assets (Cr) ₹20 on 31 Jan 24
Category Equity - Global
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk High
Expense Ratio 1.42
Sharpe Ratio 0.79
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
28 Feb 19₹10,000
29 Feb 20₹9,794
28 Feb 21₹12,318
28 Feb 22₹13,395
28 Feb 23₹15,051
29 Feb 24₹18,010

Invesco India Feeder- Invesco Global Equity Income Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹415,684.
Net Profit of ₹115,684
Invest Now

Returns for Invesco India Feeder- Invesco Global Equity Income Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Feb 24

DurationReturns
1 Month 2%
3 Month 7.3%
6 Month 9.6%
1 Year 19.7%
3 Year 13.5%
5 Year 12.5%
10 Year
15 Year
Since launch 8.8%
Historical performance (Yearly) on absolute basis
YearReturns
2023 27%
2022 -2.1%
2021 21%
2020 7.3%
2019 24.7%
2018 -7.5%
2017 13.2%
2016 2.6%
2015 4%
2014
Fund Manager information for Invesco India Feeder- Invesco Global Equity Income Fund
NameSinceTenure
Amit Nigam9 Jul 221.57 Yr.

Data below for Invesco India Feeder- Invesco Global Equity Income Fund as on 31 Jan 24

Equity Sector Allocation
SectorValue
Financial Services16.96%
Technology16.61%
Industrials12.91%
Consumer Cyclical9.92%
Consumer Defensive8.38%
Real Estate7.57%
Health Care7.33%
Basic Materials5.82%
Energy2.98%
Communication Services2.09%
Asset Allocation
Asset ClassValue
Cash2.53%
Equity90.57%
Other6.9%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Invesco Global Equity Income C USD Acc
Investment Fund | -
98%₹19 Cr18,176
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.

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2. Developed Market Funds

Developed market funds are an attractive option because it is generally seen that mature markets are more stable. Also, they do not have the problems associated with emerging markets like an economy or currency risk in the economy, political instability, etc. making them less risky. Some schemes that invest in developed markets are DWS Global Thematic Offshore Fund etc.

Multiple-Feeders

3. Country Specific Funds

As the name suggests, this type invests only in a specific country or part of the globe. But, country-specific funds defeat the entire purpose of diversifying the Portfolio since it lays all eggs in one basket. However, when there are opportunities in specific countries due to various reasons, these funds become a good choice.

Reliance Japan Equity Fund, Kotak US Equities Fund and Mirae Asset China Advantage Fund are some country-specific schemes.

4. Commodity Based Funds

These funds invest in commodities like gold, precious metals, crude oil, wheat, etc. Commodities offer diversification and also act as an Inflation hedge, thus protecting the investors. Also, these funds could be multi-commodity or focused on a single commodity.

Best commodity based international mutual funds are DSP Black Rock World Gold Fund, ING OptiMix Global Commodities, Mirae Asset Global Commodity Stocks, Birla Sun Life Commodity Equities - Global Agri Fund, etc.

5. Theme Based Funds

Theme based funds or thematic funds invest in a particular theme. For example, if the theme is infrastructure, it would invest in infrastructure construction companies as well as companies related to the infrastructure business like cement, steel, etc.

They are often confused with sectoral funds which focus only on a specific Industry. For example, pharmaceutical sectoral funds would only invest in pharma companies. Compared to sector funds, thematic funds are a broader concept. This offers more diversification and less risk since the investment is spread across various industries.

Some theme based funds are DSPBR World Energy Fund, L&T Global Real Assets Fund etc.

Why to Invest in International Mutual Funds?

1. Diversification

The main motive of Investing in International Mutual Funds is diversification. Diversification helps in optimising the returns and reducing the overall risks of a portfolio. Low or negative correlations between investments make sure that the returns are not dependent on only one sector or economy. Thus, balancing the portfolio and protecting the investor.

2. Ease in Investing

You can give a global edge to your portfolio by making a direct investment in foreign markets through equities, commodities, Real Estate, and exchange-traded funds (ETFs) as well. Buying units of an international mutual fund are much easier and they also provide the expertise of the fund manager which is not available in the other investing avenues.

3. International Exposure

International mutual funds help in expanding the investor horizons beyond the domestic boundaries. Also, investing internationally helps set-off any losses that the investor may have incurred in the domestic market.

4. Currency Fluctuations

International Mutual Fund schemes determine the NAV (Net Asset Value) of the fund by using the prevailing exchange rate. The exchange rates fluctuate every day, or more so, every minute.

This means that for a scheme investing in US Dollars, the NAV of the scheme would be impacted as per the dollar-rupee movement. It is observed that the more the rupee depreciates, the higher are the gains. This makes international mutual funds even more attractive since the rupee is going downhill now.

5. Country Specific Exposures

If the investor wants to take complete advantage of another country’s growth, international mutual funds are the way to go. But the Flip side of this would be that the portfolio is dependent solely on one economy. Hence, increasing the risk Factor.

Taxation of International Mutual Funds

Tax treatment of international mutual funds in India is similar to that of Debt fund. If the investor holds the investments short term i.e. less than 36 months, they will be included in his total Income and will be taxed as per the applicable slab rate.

If the investments are held for more than 36 months, the investor is then eligible for indexation benefits. Any gains arising from the schemes will be taxed @ 10% without indexation or 20% with indexation.

How to Invest in International Mutual Fund Online?

  1. Open Free Investment Account for Lifetime at Fincash.com.

  2. Complete your Registration and KYC Process

  3. Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!

    Get Started

According to experts, an investor should have around 10-12% of the portfolio invested in international mutual funds. So with the basics covered now, start building up that portfolio with international mutual funds today.

FAQs

1. What are the benefits of investing in international mutual funds?

A: It diversifies your portfolio of investment, which tends to give you better & diversified returns. It also keeps your portfolio balanced. As these companies have foreign funds, you can expect your investment to produce good returns.

2. Can I invest in companies that post lower growth than India?

A: Yes, you can, but it will depend on the financial institution you are investing in. You cannot directly invest in the securities of a foreign company. You will need a broker or a financial institute to help you invest in the particular security.

3. What is the Franklin India Feeder?

A: The Franklin India Feeder or the Franklin US Opportunities Fund is one of the most successful international mutual funds. This fund allows you to invest in multiple securities of companies in the United States involved in fields like technology, healthcare, consumer cyclical, financial services, and many more such industrial sectors. These mutual funds allow you to diversify your portfolio of investments, making it easy to invest in multiple securities through a single investment. Since its launch, the Franklin India Feeder has produced returns of 19.9%.

4. What is the BlackRock World Mining Fund?

A: This is different from Franklin as it has an equity sector only in necessary materials and financial services. This is considered to be a high-risk mutual fund, but has been known to produce excellent returns. The DSP BlackRock World Mining has produced returns of nearly 34.9% for the 3- year investment period.

5. Are earnings from international mutual funds taxed?

A: Yes, Earnings from international mutual funds are taxed. Dividends that you earn from these funds are liable for Tax Deducted at Source or TDS at 7.5% till March 31, 2021, and the mutual fund house deducts it. If you have invested for 3 years, it will fall under the short-term investment, and if for more, you will have to categorize it under long-term investment. The taxation slab will also depend on the time for which the investment has been made.

6. What is the main risk of the international mutual fund?

A: The primary risk of the international mutual fund is the fluctuating nature of the foreign exchange rate. If the foreign exchange rates fluctuate compared to the rupee, it can adversely affect your investment.

7. Who should invest in a foreign mutual fund?

A: If you are looking to diversify your investment portfolio and looking to add a geographical diversification, then you could consider investing in a foreign mutual fund.

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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Debajit, posted on 1 Oct 19 1:39 AM

Very good article I got all the required information.

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