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Table of Contents
- Background of International Mutual Funds in India
- Best International Mutual Funds to Invest in FY 20 - 21
- 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
8 Best International Mutual Funds 2020
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 20 - 21
"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 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 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 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 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 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 Below is the key information for Nippon India US Equity Opportunites 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 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 Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2019 (%) DSP BlackRock World Gold Fund Growth ₹21.0257
↑ 0.02 ₹860 500 2.4 28.7 57.6 18.4 17 35.1 Franklin India Feeder - Franklin U S Opportunities Fund Growth ₹47.6283
↓ -0.14 ₹2,252 500 9.9 33 48.1 25.8 18.6 34.2 DSP BlackRock World Mining Fund Growth ₹10.4544
↑ 0.08 ₹47 500 4.1 32 30.5 9 13.6 21.5 DSP BlackRock US Flexible Equity Fund Growth ₹31.7107
↑ 0.37 ₹250 500 6.8 25.7 22.2 14.4 13.4 27.5 Franklin Asian Equity Fund Growth ₹27.5493
↑ 0.19 ₹181 500 8.6 24.3 22 8 12.4 28.2 Nippon India US Equity Opportunites Fund Growth ₹19.645
↑ 0.06 ₹200 100 3 21.2 20.4 17.7 15.8 31.8 Kotak Global Emerging Market Fund Growth ₹19.095
↑ 0.08 ₹90 1,000 7.3 27.9 19.1 6.8 7.8 21.4 ICICI Prudential US Bluechip Equity Fund Growth ₹34.76
↑ 0.16 ₹822 100 2.7 13.6 18.4 17.2 14.8 34.3 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 16 Oct 20 10 crore of more and sorted on last one year return.
1. DSP BlackRock World Gold Fund
CAGR/Annualized return of 5.8% since its launch. Ranked 11 in Global category. Return for 2019 was 35.1% , 2018 was -10.7% and 2017 was -4% . DSP BlackRock World Gold Fund
Growth Launch Date 14 Sep 07 NAV (16 Oct 20) ₹21.0257 ↑ 0.02 (0.08 %) Net Assets (Cr) ₹860 on 30 Sep 20 Category Equity - Global AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆ Risk High Expense Ratio 1.32 Sharpe Ratio 0.94 Information Ratio -1.09 Alpha Ratio -6.56 Min Investment 1,000 Min SIP Investment 500 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Sep 15 ₹10,000 30 Sep 16 ₹18,559 30 Sep 17 ₹15,414 30 Sep 18 ₹12,951 30 Sep 19 ₹17,118 30 Sep 20 ₹25,362 Returns for DSP BlackRock World Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Oct 20 Duration Returns 1 Month -7.1% 3 Month 2.4% 6 Month 28.7% 1 Year 57.6% 3 Year 18.4% 5 Year 17% 10 Year 15 Year Since launch 5.8% Historical performance (Yearly) on absolute basis
Year Returns 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% 2010 29% Fund Manager information for DSP BlackRock World Gold Fund
Name Since Tenure Jay Kothari 1 Mar 13 7.59 Yr. Data below for DSP BlackRock World Gold Fund as on 30 Sep 20
Equity Sector Allocation
Sector Value Basic Materials 91.07% Asset Allocation
Asset Class Value Cash 5.3% Equity 92.22% Debt 0.04% Other 2.44% Top Securities Holdings / Portfolio
Name Holding Value Quantity BGF World Gold I2
Investment Fund | -97% ₹835 Cr 2,224,850
↑ 242,297 Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -5% ₹41 Cr Net Receivables/Payables
Net Current Assets | -2% -₹16 Cr 2. Franklin India Feeder - Franklin U S Opportunities Fund
CAGR/Annualized return of 19.7% since its launch. Ranked 6 in Global category. Return for 2019 was 34.2% , 2018 was 6.5% and 2017 was 18.1% . Franklin India Feeder - Franklin U S Opportunities Fund
Growth Launch Date 6 Feb 12 NAV (16 Oct 20) ₹47.6283 ↓ -0.14 (-0.30 %) Net Assets (Cr) ₹2,252 on 30 Sep 20 Category Equity - Global AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆☆☆ Risk High Expense Ratio 1.56 Sharpe Ratio 1.61 Information Ratio 0.1 Alpha Ratio 3.64 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 30 Sep 15 ₹10,000 30 Sep 16 ₹10,530 30 Sep 17 ₹12,077 30 Sep 18 ₹16,537 30 Sep 19 ₹16,178 30 Sep 20 ₹23,415 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 16 Oct 20 Duration Returns 1 Month 6% 3 Month 9.9% 6 Month 33% 1 Year 48.1% 3 Year 25.8% 5 Year 18.6% 10 Year 15 Year Since launch 19.7% Historical performance (Yearly) on absolute basis
Year Returns 2019 34.2% 2018 6.5% 2017 18.1% 2016 -0.8% 2015 8.8% 2014 8.4% 2013 55.2% 2012 2011 2010 Fund Manager information for Franklin India Feeder - Franklin U S Opportunities Fund
Name Since Tenure Mayank Bukrediwala 24 Aug 20 0.1 Yr. Data below for Franklin India Feeder - Franklin U S Opportunities Fund as on 30 Sep 20
Equity Sector Allocation
Sector Value Technology 27.56% Health Care 16.4% Financial Services 14.27% Consumer Cyclical 13.14% Communication Services 7.96% Industrials 5.83% Real Estate 5.79% Consumer Defensive 2.2% Basic Materials 1.21% Asset Allocation
Asset Class Value Cash 1.75% Equity 94.72% Other 3.52% Top Securities Holdings / Portfolio
Name Holding Value Quantity Franklin US Opportunities I(acc)USD
Investment Fund | -100% ₹2,253 Cr 4,631,642
↑ 111,337 Call, Cash & Other Assets
CBLO | -0% -₹1 Cr 3. DSP BlackRock World Mining Fund
CAGR/Annualized return of 0.4% since its launch. Ranked 19 in Global category. Return for 2019 was 21.5% , 2018 was -9.4% and 2017 was 21.1% . DSP BlackRock World Mining Fund
Growth Launch Date 29 Dec 09 NAV (16 Oct 20) ₹10.4544 ↑ 0.08 (0.78 %) Net Assets (Cr) ₹47 on 30 Sep 20 Category Equity - Global AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆ Risk High Expense Ratio 1.3 Sharpe Ratio 0.69 Information Ratio -1.23 Alpha Ratio -1.35 Min Investment 1,000 Min SIP Investment 500 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Sep 15 ₹10,000 30 Sep 16 ₹14,113 30 Sep 17 ₹16,060 30 Sep 18 ₹18,069 30 Sep 19 ₹16,965 30 Sep 20 ₹21,273 Returns for DSP BlackRock World Mining Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Oct 20 Duration Returns 1 Month -4.5% 3 Month 4.1% 6 Month 32% 1 Year 30.5% 3 Year 9% 5 Year 13.6% 10 Year 15 Year Since launch 0.4% Historical performance (Yearly) on absolute basis
Year Returns 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% 2010 25.3% Fund Manager information for DSP BlackRock World Mining Fund
Name Since Tenure Jay Kothari 1 Mar 13 7.59 Yr. Data below for DSP BlackRock World Mining Fund as on 30 Sep 20
Equity Sector Allocation
Sector Value Basic Materials 92.93% Financial Services 1.61% Asset Allocation
Asset Class Value Cash 5.45% Equity 94.54% Debt 0.01% Top Securities Holdings / Portfolio
Name Holding Value Quantity BGF World Mining I2
Investment Fund | -95% ₹45 Cr 125,619
↑ 4,305 Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -5% ₹2 Cr Net Receivables/Payables
Net Current Assets | -0% ₹0 Cr 4. DSP BlackRock US Flexible Equity Fund
CAGR/Annualized return of 15.1% since its launch. Ranked 3 in Global category. Return for 2019 was 27.5% , 2018 was -1.1% and 2017 was 15.5% . DSP BlackRock US Flexible Equity Fund
Growth Launch Date 3 Aug 12 NAV (16 Oct 20) ₹31.7107 ↑ 0.37 (1.18 %) Net Assets (Cr) ₹250 on 30 Sep 20 Category Equity - Global AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆☆☆ Risk High Expense Ratio 1.63 Sharpe Ratio 0.73 Information Ratio -0.81 Alpha Ratio -0.79 Min Investment 1,000 Min SIP Investment 500 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Sep 15 ₹10,000 30 Sep 16 ₹10,884 30 Sep 17 ₹13,044 30 Sep 18 ₹16,598 30 Sep 19 ₹15,819 30 Sep 20 ₹18,948 Returns for DSP BlackRock US Flexible Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Oct 20 Duration Returns 1 Month 2% 3 Month 6.8% 6 Month 25.7% 1 Year 22.2% 3 Year 14.4% 5 Year 13.4% 10 Year 15 Year Since launch 15.1% Historical performance (Yearly) on absolute basis
Year Returns 2019 27.5% 2018 -1.1% 2017 15.5% 2016 9.8% 2015 2.5% 2014 13.1% 2013 46.7% 2012 2011 2010 Fund Manager information for DSP BlackRock US Flexible Equity Fund
Name Since Tenure Kedar Karnik 17 Jul 16 4.21 Yr. Laukik Bagwe 3 Aug 12 8.16 Yr. Jay Kothari 1 Mar 13 7.59 Yr. Data below for DSP BlackRock US Flexible Equity Fund as on 30 Sep 20
Equity Sector Allocation
Sector Value Technology 23.75% Financial Services 11.83% Health Care 11.69% Communication Services 11.6% Consumer Cyclical 10.96% Consumer Defensive 8.56% Industrials 8.13% Basic Materials 2.64% Energy 2.54% Utility 1.11% Real Estate 0.69% Asset Allocation
Asset Class Value Cash 6.48% Equity 93.5% Debt 0.02% Top Securities Holdings / Portfolio
Name Holding Value Quantity BGF US Flexible Equity I2 USD
Investment Fund | -95% ₹238 Cr 1,186,829
↑ 271,335 Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -5% ₹12 Cr Net Receivables/Payables
Net Current Assets | -0% ₹0 Cr 5. Franklin Asian Equity Fund
CAGR/Annualized return of 8.3% since its launch. Ranked 1 in Global category. Return for 2019 was 28.2% , 2018 was -13.6% and 2017 was 35.5% . Franklin Asian Equity Fund
Growth Launch Date 16 Jan 08 NAV (19 Oct 20) ₹27.5493 ↑ 0.19 (0.71 %) Net Assets (Cr) ₹181 on 30 Sep 20 Category Equity - Global AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆☆☆☆ Risk High Expense Ratio 2.59 Sharpe Ratio 0.74 Information Ratio -0.31 Alpha Ratio -4.18 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 30 Sep 15 ₹10,000 30 Sep 16 ₹12,496 30 Sep 17 ₹14,708 30 Sep 18 ₹15,408 30 Sep 19 ₹15,322 30 Sep 20 ₹18,405 Returns for Franklin Asian Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Oct 20 Duration Returns 1 Month 2.9% 3 Month 8.6% 6 Month 24.3% 1 Year 22% 3 Year 8% 5 Year 12.4% 10 Year 15 Year Since launch 8.3% Historical performance (Yearly) on absolute basis
Year Returns 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% 2010 8.1% Fund Manager information for Franklin Asian Equity Fund
Name Since Tenure Roshi Jain 16 Jan 08 12.72 Yr. Pyari Menon 26 Sep 19 1.01 Yr. Data below for Franklin Asian Equity Fund as on 30 Sep 20
Equity Sector Allocation
Sector Value Consumer Cyclical 22.61% Technology 20.48% Financial Services 16.06% Communication Services 12.87% Consumer Defensive 8.29% Basic Materials 4.42% Real Estate 4.01% Industrials 3.82% Health Care 1.85% Energy 0.93% Asset Allocation
Asset Class Value Cash 4.65% Equity 95.35% Top Securities Holdings / Portfolio
Name Holding Value Quantity Alibaba Group Holding Ltd ADR (Consumer Cyclical)
Equity, Since 30 Sep 14 | BABA10% ₹19 Cr 9,063 Tencent Holdings Ltd (Communication Services)
Equity, Since 31 Jul 14 | 0070010% ₹18 Cr 37,300 Taiwan Semiconductor Manufacturing Co Ltd (Technology)
Equity, Since 31 Mar 09 | 23309% ₹17 Cr 149,714
↑ 3,000 Samsung Electronics Co Ltd (Technology)
Equity, Since 31 Mar 08 | 0059308% ₹15 Cr 41,915
↑ 962 AIA Group Ltd (Financial Services)
Equity, Since 31 Mar 12 | 012994% ₹8 Cr 112,524 Meituan (Consumer Cyclical)
Equity, Since 30 Jun 20 | 036904% ₹7 Cr 28,600 Ping An Insurance (Group) Co. of China Ltd Class H (Financial Services)
Equity, Since 31 Dec 14 | 023183% ₹6 Cr 80,310 China Mengniu Dairy Co Ltd (Consumer Defensive)
Equity, Since 30 Sep 18 | 023192% ₹4 Cr 121,000
↑ 20,000 New Oriental Education & Technology Group Inc ADR (Consumer Defensive)
Equity, Since 31 Dec 16 | EDU2% ₹4 Cr 3,660 Techtronic Industries Co Ltd (Industrials)
Equity, Since 31 Aug 13 | 006692% ₹4 Cr 37,521 6. Nippon India US Equity Opportunites Fund
CAGR/Annualized return of 13.8% since its launch. Return for 2019 was 31.8% , 2018 was 7.7% and 2017 was 16.9% . Nippon India US Equity Opportunites Fund
Growth Launch Date 23 Jul 15 NAV (16 Oct 20) ₹19.645 ↑ 0.06 (0.29 %) Net Assets (Cr) ₹200 on 30 Sep 20 Category Equity - Global AMC Nippon Life Asset Management Ltd. Rating Risk High Expense Ratio 2.62 Sharpe Ratio 0.78 Information Ratio 0.03 Alpha Ratio 0.52 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 30 Sep 15 ₹10,000 30 Sep 16 ₹11,381 30 Sep 17 ₹13,123 30 Sep 18 ₹16,704 30 Sep 19 ₹17,252 30 Sep 20 ₹21,060 Returns for Nippon India US Equity Opportunites Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Oct 20 Duration Returns 1 Month 0.4% 3 Month 3% 6 Month 21.2% 1 Year 20.4% 3 Year 17.7% 5 Year 15.8% 10 Year 15 Year Since launch 13.8% Historical performance (Yearly) on absolute basis
Year Returns 2019 31.8% 2018 7.7% 2017 16.9% 2016 8.2% 2015 2014 2013 2012 2011 2010 Fund Manager information for Nippon India US Equity Opportunites Fund
Name Since Tenure Anju Chhajer 23 Jul 15 5.2 Yr. Kinjal Desai 25 May 18 2.36 Yr. Data below for Nippon India US Equity Opportunites Fund as on 30 Sep 20
Equity Sector Allocation
Sector Value Consumer Cyclical 22.65% Health Care 20.88% Communication Services 19.41% Financial Services 14.68% Technology 14.58% Energy 4.83% Asset Allocation
Asset Class Value Cash 2.97% Equity 97.03% Top Securities Holdings / Portfolio
Name Holding Value Quantity Mastercard Inc A (Financial Services)
Equity, Since 31 Jul 15 | MA9% ₹18 Cr 7,121
↑ 2,990 Microsoft Corp (Technology)
Equity, Since 30 Nov 18 | MSFT9% ₹18 Cr 11,424
↑ 4,292 Facebook Inc A (Communication Services)
Equity, Since 31 Oct 16 | FB8% ₹16 Cr 8,209
↑ 2,645 Lowe's Companies Inc (Consumer Cyclical)
Equity, Since 30 Sep 16 | LOW7% ₹15 Cr 12,034
↑ 2,516 IQVIA Holdings Inc (Healthcare)
Equity, Since 28 Feb 17 | IQV7% ₹14 Cr 12,294
↑ 4,256 Alphabet Inc A (Communication Services)
Equity, Since 31 Jul 15 | GOOGL6% ₹12 Cr 1,121
↑ 437 Amazon.com Inc (Consumer Cyclical)
Equity, Since 31 Mar 19 | AMZN6% ₹12 Cr 513
↑ 49 Visa Inc Class A (Financial Services)
Equity, Since 31 Jan 17 | V6% ₹12 Cr 7,881
↑ 2,295 Booking Holdings Inc (Consumer Cyclical)
Equity, Since 31 Jul 15 | BKNG6% ₹12 Cr 913
↑ 294 AmerisourceBergen Corp (Healthcare)
Equity, Since 31 May 16 | ABC5% ₹10 Cr 13,958
↑ 2,220 7. Kotak Global Emerging Market Fund
CAGR/Annualized return of 5.1% since its launch. Ranked 17 in Global category. Return for 2019 was 21.4% , 2018 was -14.4% and 2017 was 30.4% . Kotak Global Emerging Market Fund
Growth Launch Date 26 Sep 07 NAV (16 Oct 20) ₹19.095 ↑ 0.08 (0.41 %) Net Assets (Cr) ₹90 on 30 Sep 20 Category Equity - Global AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk High Expense Ratio 1.18 Sharpe Ratio 0.7 Information Ratio 0.01 Alpha Ratio 3.73 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 30 Sep 15 ₹10,000 30 Sep 16 ₹11,124 30 Sep 17 ₹12,074 30 Sep 18 ₹13,046 30 Sep 19 ₹12,323 30 Sep 20 ₹14,683 Returns for Kotak Global Emerging Market Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Oct 20 Duration Returns 1 Month 1% 3 Month 7.3% 6 Month 27.9% 1 Year 19.1% 3 Year 6.8% 5 Year 7.8% 10 Year 15 Year Since launch 5.1% Historical performance (Yearly) on absolute basis
Year Returns 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% 2010 10.4% Fund Manager information for Kotak Global Emerging Market Fund
Name Since Tenure Arjun Khanna 9 May 19 1.4 Yr. Data below for Kotak Global Emerging Market Fund as on 30 Sep 20
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Cash 1.08% Other 98.92% Top Securities Holdings / Portfolio
Name Holding Value Quantity Signature Emerging Markets Fund - 974
- | -99% ₹89 Cr 462,637
↓ -264 Triparty Repo
CBLO/Reverse Repo | -1% ₹1 Cr Net Current Assets/(Liabilities)
Net Current Assets | -0% ₹0 Cr 8. ICICI Prudential US Bluechip Equity Fund
CAGR/Annualized return of 16.2% since its launch. Ranked 7 in Global category. Return for 2019 was 34.3% , 2018 was 5.2% and 2017 was 14.1% . ICICI Prudential US Bluechip Equity Fund
Growth Launch Date 6 Jul 12 NAV (16 Oct 20) ₹34.76 ↑ 0.16 (0.46 %) Net Assets (Cr) ₹822 on 30 Sep 20 Category Equity - Global AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆ Risk High Expense Ratio 2.51 Sharpe Ratio 0.74 Information Ratio -0.22 Alpha Ratio -0.01 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-3 Months (3%),3-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Sep 15 ₹10,000 30 Sep 16 ₹11,217 30 Sep 17 ₹12,880 30 Sep 18 ₹16,372 30 Sep 19 ₹17,090 30 Sep 20 ₹19,953 Returns for ICICI Prudential US Bluechip Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Oct 20 Duration Returns 1 Month 0.7% 3 Month 2.7% 6 Month 13.6% 1 Year 18.4% 3 Year 17.2% 5 Year 14.8% 10 Year 15 Year Since launch 16.2% Historical performance (Yearly) on absolute basis
Year Returns 2019 34.3% 2018 5.2% 2017 14.1% 2016 11.6% 2015 0.7% 2014 12.7% 2013 45.7% 2012 2011 2010 Fund Manager information for ICICI Prudential US Bluechip Equity Fund
Name Since Tenure Rohan Maru 19 Sep 13 7.04 Yr. Priyanka Khandelwal 30 Jun 17 3.25 Yr. Data below for ICICI Prudential US Bluechip Equity Fund as on 30 Sep 20
Equity Sector Allocation
Sector Value Technology 19.11% Health Care 17.75% Consumer Defensive 15.28% Industrials 12.71% Financial Services 11.6% Consumer Cyclical 9.57% Communication Services 6.59% Basic Materials 2.71% Energy 0.98% Asset Allocation
Asset Class Value Cash 3.69% Equity 96.31% Top Securities Holdings / Portfolio
Name Holding Value Quantity Salesforce.com Inc (Technology)
Equity, Since 31 Dec 18 | CRM3% ₹25 Cr 12,340 Aspen Technology Inc (Technology)
Equity, Since 30 Jun 20 | AZPN3% ₹24 Cr 25,632 Biogen Inc (Healthcare)
Equity, Since 31 Dec 15 | BIIB3% ₹23 Cr 11,038
↑ 1,503 American Express Co (Financial Services)
Equity, Since 31 Mar 20 | AXP3% ₹23 Cr 30,776
↑ 2,829 Constellation Brands Inc A (Consumer Defensive)
Equity, Since 31 Mar 20 | STZ3% ₹23 Cr 16,697
↑ 1,884 Comcast Corp Class A (Communication Services)
Equity, Since 31 May 20 | CMCSA3% ₹23 Cr 68,332
↑ 6,365 Coca-Cola Co (Consumer Defensive)
Equity, Since 30 Jun 20 | KO3% ₹22 Cr 61,445
↑ 6,502 Altria Group Inc (Consumer Defensive)
Equity, Since 30 Sep 19 | MO3% ₹22 Cr 68,838
↑ 5,178 Kellogg Co (Consumer Defensive)
Equity, Since 31 Dec 18 | K3% ₹22 Cr 42,435
↑ 3,644 Gilead Sciences Inc (Healthcare)
Equity, Since 31 May 16 | GILD3% ₹22 Cr 45,067
↑ 8,889
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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Very good article I got all the required information.