5 best international mutual funds based on high returns
5 best international mutual funds based on high returns
|Fund name||1 year return||3 year returns|
|PGIM India Global Equity Opportunities Fund||27.57||30.6|
|Franklin India Feeder Franklin US Opportunities Fund||27.62||24.41|
|Nippon India US Equity Opportunities Fund “||25.35||19.81|
|Edelweiss Greater China Offshore Equity Fund||14.82||24.31|
|ICICI Prudential US Bluechip Equity Fund||31.72||19.39|
PGIM India Global Equity Opportunities Fund
PGIM India Global Equity Opportunities Fund Direct-Growth is a PGIM India Mutual Fund International mutual fund strategy. PGIM India Global Equity Opportunities Fund Direct-Growth manages assets of 1,371 crore (AUM).
The fund’s expense ratio is 1.39%, which is comparable to the expense ratios charged by most other international funds.
The 1 year direct growth returns of the PGIM India Global Equity Opportunities Fund are 29.08%. It reported an average of 12.72 percent per year.
The PGIM Jennison Global Equity Opportunities Portfolio owns the fund’s top five holdings.
The scheme aims to achieve long-term capital growth by investing primarily in units of foreign mutual funds specializing in agriculture and / or which would be the direct and indirect beneficiaries of the expected growth in agriculture and / or affiliated / related sectors.
Franklin India Feeder Franklin US Opportunities Fund
India Feeder by Franklin Franklin US Opportunities Direct Fund-Growth is a Franklin Templeton Mutual Fund International. This fund manages a total of 3,764 crore in assets (AUM). The fund’s expense ratio is 0.52%, which is lower than the expense ratios charged by most other international funds.
Franklin India Feeder Franklin US Opportunities Direct Fund returned 28.91% over the past year. It has averaged 21.87% per year since its inception.
The fund invests primarily in small, medium and large capitalization US companies with great growth potential in a variety of sectors.
Nippon India US Equity Opportunities Fund
The Nippon India Japan Equity Fund, as the name suggests, is a mutual fund managed by Nippon that invests in equity securities listed on the Japanese stock markets.
The fund aims to generate long-term capital gains for its investors. In addition, it invests part of the fund in money market instruments and bonds in order to provide stable returns. 90% of the fund’s assets are in equities, the remaining 10% in other assets. Engineering (22%) is the most equity-weighted sector, followed by FMCG (10%) and automakers (10%).
The 1 year returns of the Nippon India US Equity Opportunities Fund Direct-Growth are 26.95%. It has had an average annual return of 17.43% since its inception.
Edelweiss Greater China Offshore Equity Fund
The program aims to provide long-term capital appreciation by investing in JPMorgan Funds – JF Greater China Equity Fund, an equity fund that invests primarily in a diversified portfolio of companies incorporated or headquartered in a country of Greater China. China. region or derive the majority of their economic activity from that country.
The Edelweiss Greater China Equity Off-shore Fund Direct-Growth fund manages assets of 1,792 crore (AUM). The fund’s expense ratio is 1.43%, which is higher than the expense ratios charged by most other international funds.
Edelweiss Greater China Equity Off-shore Fund’s direct growth returns over the past year were 15.90%. It has had an average annual return of 16.37 percent since its inception.
ICICI Prudential US Bluechip Equity Fund
The investment objective of the ICICI Prudential US Bluechip Equities Fund is to provide investors with long-term capital appreciation by investing primarily in equities and equity-linked securities of companies listed on recognized stock exchanges in the United States. ‘America.
The program would also invest in U.S. Certificates of Deposit (ADR) and Global Certificates of Deposit (GDR) issued by Indian and foreign companies.
The ICICI Prudential US Bluechip Equity Direct Plan-Growth manages assets worth 1,766 crore (AUM). The fund’s expense ratio is 1.27%, which is comparable to the expense ratios charged by most other international funds.
The one-year growth returns for the ICICI Prudential US Bluechip Equity Direct plan were 33.02%. It has had an average annual return of 18.90% since its inception.
Why international mutual funds?
The best approach to investing in international markets is through mutual funds. This is because if you choose to invest directly in stocks, you will have to use the services of a domestic or foreign broker, which will incur brokerage and currency conversion fees, as well as a long and tedious documentation process. due to the must comply with offshore investment rules. When it comes to mutual funds, you can choose between an international fund that invests directly in foreign stocks or a fund of funds (feeder fund) that invests in funds that have direct exposure to foreign stocks. Plus, since fund managers are constantly monitoring market dynamics and world events, you won’t have to.
In foreign mutual funds, an investment horizon of three years or more is optimal because it flattens the risk of short-term geopolitical developments. It will also be beneficial from a tax point of view, as these funds are treated the same as debt funds, and you will be able to benefit from indexation through capital gains tax in the long run.
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