International funds are Indian equity funds that invest in global stocks such as Apple, Amazon, Barclays, Deutsche Bank, Fiat, Novartis, and others. You won't have to deal with the time-consuming and complex chore of picking specific overseas stocks if you use international mutual funds.
With the fund's worldwide holdings portfolio, a fund manager can achieve that for you. That isn't all, though. It's as simple as investing in any other mutual fund to put money into an overseas fund.
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 Equity Off-shore Fund||14.82||24.31|
|ICICI Prudential US Bluechip Equity Fund||31.72||19.39|
PGIM India Global Equity Opportunities Fund
The 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 crores (AUM).
The fund's expense ratio is 1.39 percent, 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 percent. It has returned an average of 12.72 percent per year.
PGIM Jennison Global Equity Opportunities Portfolio has the top five holdings in the fund.
The scheme aims to achieve long-term capital growth by investing primarily in units of overseas mutual funds that specialize in agricultural and/or would be direct and indirect beneficiaries of the agriculture and/or affiliated/allied sectors' anticipated growth.
Franklin India Feeder Franklin US Opportunities Fund
India Feeder by Franklin Franklin US Opportunities Direct Fund-Growth is a Franklin Templeton Mutual Fund International mutual fund scheme. This fund manages a total of 3,764 crores in assets (AUM). The fund's fee ratio is 0.52 percent, which is lower than the expense ratios charged by most other international funds.
Franklin India Feeder Franklin US Opportunities Direct Fund has returned 28.91 percent during the last year. It has returned an average of 21.87 percent per year since its inception.
The fund primarily invests in small, medium, and large-cap U.S. firms with great growth potential across a variety of industries.
Nippon India US Equity Opportunities Fund
The Nippon India Japan Equity Fund, as its name suggests, is a mutual fund managed by Nippon that invests in equity securities listed on Japanese stock markets.
The fund aims to generate long-term capital gains for its investors. In addition, it invests a portion of the fund in money market instruments and bonds in order to offer stable returns. 90% of the fund's assets are in equities, with the remaining 10% in other assets. Engineering (22%) is the most heavily weighted sector in equities, followed by FMCG (10%) and automobile firms (10 percent ).
The 1-year returns on Nippon India US Equity Opportunities Fund Direct-Growth are 26.95 percent. It has had an average yearly return of 17.43% since its inception.
Edelweiss Greater China Equity Off-shore Fund
The Scheme 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 in, or with their registered office in, a country in the Greater China region, or that derive the majority of their economic activity from that country.
The Edelweiss Greater China Equity Off-shore Fund Direct-Growth manages assets of 1,792 crores (AUM). The fund's fee ratio is 1.43 percent, which is greater than the expense ratios charged by most other international funds.
The Direct-Growth returns of Edelweiss Greater China Equity Off-shore Fund in the last year were 15.90 percent. It has had an average yearly return of 16.37 percent since its inception.
ICICI Prudential US Bluechip Equity Fund
The ICICI Prudential US Bluechip Equities Fund's investment objective is to provide investors with long-term capital appreciation by investing primarily in equity and equity-related securities of companies listed on recognized stock exchanges in the United States of America.
The Scheme would also invest in American Depository Receipts (ADRs) and Global Depository Receipts (GDRs) issued by Indian and overseas corporations.
The ICICI Prudential US Bluechip Equity Direct Plan-Growth manages assets worth 1,766 crores (AUM). The fund's fee ratio is 1.27 percent, which is comparable to the expense ratios charged by most other international funds.
The last one-year growth returns on the ICICI Prudential US Bluechip Equity Direct Plan were 33.02 percent. It has had an average yearly return of 18.90% since its inception.
Why International Mutual Funds?
The best approach to invest in international markets is through mutual funds. This is because if you choose to invest directly in shares, you will need to use the services of a domestic or foreign broker, which will result in brokerage and currency conversion fees, as well as a lengthy and time-consuming documentation process due to the need to comply with offshore investment rules. When it comes to mutual funds, you can choose from 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 equities. Furthermore, because fund managers continuously monitor market dynamics and worldwide happenings, you won't have to.
In foreign mutual funds, a three-year or longer investment horizon is optimal since it flattens the risk of short-term geopolitical developments. It will also be advantageous from a tax standpoint, as these funds are treated similarly to debt funds, and you can take advantage of indexation through long-term capital gains tax.
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