Best International Mutual Funds to Invest in India
The trend of investing in international mutual funds is slowly rising among Indian investors as it provides a better way to invest in promising foreign securities and diversify their investment portfolio.
Compared to investing directly in foreign stocks through stockbrokers, investing through international mutual funds requires less paperwork and are cost-effective.
In this blog, we will check out some of the best international mutual funds to invest in India.
Best International Mutual Funds
- Edelweiss US Technology Fund of Fund
- Edelweiss Greater China Equity Off-shore Fund
- Franklin India Feeder Franklin US Opportunities Fund
- Nippon India US Equity Opportunities Fund
- ICICI Prudential US Bluechip Fund
- DSP US Flexible Equity Fund
- Axis Greater China Equity Fund
Let’s check the funds in detail.
Edelweiss US Technology Fund of Fund
The fund invests in emerging and disruptive technology companies in the United States having sustainable and unique competitive advantage and led by quality management.
It uses JP Morgan Funds- US Technology Fund as its investment vehicle to meet the investment objective. The top five holdings of the fund are Alphabet Inc (Google), AMD, Facebook, Synopsys Inc and Micron Technology Inc.
The suitable investment horizon for this fund is 7-10 years.
| Inception | March 5, 2020 |
|---|---|
| NAV (19th May 2021) | Rs 16.16 (Growth) Rs 16.37 (Direct) |
| AUM (19th May 2021) | Rs 1,335 crore |
| Expense Ratio | 2.38% |
| 1 year Returs | 58.84% |
Edelweiss Greater China Equity Off-shore Fund
The fund invests in good companies from China, Hong Kong and Taiwan. It uses JP Morgan Funds- Greater China Fund as its investment vehicle and has a portfolio of 50 high conviction stocks.
Suitable for 7-10 years of investment horizon, the fund has a CAGR of 15.23% since inception in 2009. The top 5 holdings of the funds are Taiwan Semiconductor Manufacturing, Tencent Holding, Alibaba Group, Ping An Insurance, Meituan Class B.
| Inception | August 26, 2009 |
|---|---|
| NAV (18th May) | Rs 52.74 (Regular) Rs 57.03 (Direct) |
| AUM (18th May) | Rs 1,491 crore |
| Expense Ratio | 2.38% |
| 1 year Return | 58.63% |
Franklin India Feeder Franklin US Opportunities Fund
The fund invests in leading US companies across Industries and market capitalization. It uses Franklin US Opportunites Fund as its investment vehicle to meet its investment objective.
It is suitable for building retirement corpus and long term wealth creators. The top 5 holdings of the funds are Amazon Inc., Microsoft Corp, Mastercard, Apple, VISA.
| Inception | 6th Feb 2012 |
|---|---|
| NAV (as on 20.5.2021) | Rs 50.42 (Regular-G) Rs 54.69 (Direct-G) |
| AUM (as on 20.5.2021) | Rs 3,204.71 crore |
| Expense Ratio | 1.57% (Regular-G) |
| 1 year Return | 53.81% |
Nippon India US Equity Opportunities Fund
The fund aims to provide long term capital appreciation by investing in equity and equity-related securities listed on the recognized stock exchange in the USA.
It follows a HARE strategy for its investments and research support is powered by Morningstar Investment Advisor to identify investment opportunities. The top 5 holdings of the fund include Apple, Mastercard, Iqvia, Microsoft Corp and Facebook.
| Inception | 23rd July 2015 |
|---|---|
| NAV (as on 21.05.2021) | Rs 23.86 (Regular-G) Rs 25.36 (Direct-G) |
| AUM | Rs 407 crore |
| Expense Ratio | 2.56% |
| 1 year Return | 32.71% |
ICICI Prudential US Bluechip Fund
The fund invests in global large-cap equity securities listed on the US stock exchanges including ADR/GDRs issued by Indian companies.
It has been a consistent performer and has invested largely in software and consumer durable companies. The top 5 holdings of the fund include Lockheed Martin, Altria Group, Philp Morris International, Facebook, and Kellogg Co.
| Inception | 6th July 2021 |
|---|---|
| NAV (as on 21.05.2021) | Rs 43.05 ( Regular-G) Rs 46.24 (Direct-G) |
| AUM | Rs 1,458 crore |
| Expense Ratio | 1.26% |
| 1 year Return | 37.07% |
DSP US Flexible Equity Fund
The fund invests in US equity stocks across industries and market capitalization through BlackRock Global Funds- US Flexible Equity Fund. It is a consistent performer and offered a CAGR return in the range of 20% in the last three years.
One of the advantages of investing in this fund is, the minimum investment amount starts from Rs 500, unlike other international funds, which have a minimum investment amount of Rs 5000.
The top five holdings of the fund are Microsoft Corporation, Alphabet, Amazon.com, Apple, and VISA.
| Inception Date | 3rd August 2013 |
|---|---|
| NAV (as on 21.05.2021) | Rs 39.18 (Regular-G) Rs 41.45 (Direct-G) |
| AUM | Rs 413.68 crore |
| Expense Ratio | 2.62% |
| 1 year Return | 52.03% |
Axis Greater China Equity Fund
It is a newly launched equity fund that invests in the equity stock of companies of the People Republic of China, Hong Kong SAR, and Taiwan.
The fund invests through Schroder ISF Greater China Class X and its top five holdings are Taiwan Semiconductor, Alibaba Group, Tencent Holding, MediaTek Inc, and Aia Group.
| Inception Date | 11th Feb 2021 |
|---|---|
| NAV (as on 21.05.2021) | Rs 9.15 (Regular-G) Rs 9.18 (Direct-G) |
| AUM | Rs 54 crore |
| Expense Ratio | 1.58% |
| 1 year Return | - |
The funds mentioned are just for educational purpose and one should invest as per their understanding of the market and risk appetite.
