What are the best foreign mutual funds in India 2017? Global investment is considered the safest in terms of returns and risk. The more one invests in several mutual funds; the more one reduces the risk of returns. There are various types of international mutual funds in India which have been tried and tested by a number of investors in India and have enhanced the portfolio of better and risk-free returns. The best way to choose the most suitable international mutual funds in India is tracking the record of its performance in the past few years. This way, one gets a fair idea of where to invest and where not to. Based on the performance and consistency, 7 best international mutual funds have been classified. Let us know more.
Summary of Best International Mutual Funds in India 2017
Before continuing the details about each fund, just want to share about the list of global mutual funds in short. I will share in details with various aspects of each fund, but before that just check out the list of best foreign mutual funds in India 2017.
- Motilal Oswal ETF fund
- ICICI Pru US Blue Chip Equity Fund
- Kotak World Gold Fund – Standard
- DSP BR World Gold Fund
- ICICI Prudential Global Stable Equity Fund
- Birla Sun Life Global Real Estate Fund – Retail Plan
- ICICI Pru US Equity Fund
Steps To Find Out The Best Foreign Mutual Funds To Buy
Basically this kind of funds are not rated by Crisil or value research online. Generally these ratings are very helpful for first timers to choose any mutual funds online. In case of international mutual funds, you have to compare the return on last 3 years to find out how well they have performed. Besides that, cross check the AUM or Asset under management and what are the key holding sectors of such funds and how well they are performing in last couple of years.
List of best global mutual funds to invest in India 2017
This list is prepared as per my knowledge and there is no ranking mechanism. You can look for all the funds and analyse their performance before investing.
Motilal Oswal ETF fund
If we look at the return it gave in the last three years, there was an annual return of 15% and 19% return in the last one year. To cite an example, if someone has invested around Rs 36000 in the last three years, he or she is likely to get a return of approximately Rs 10000 making the principal amount to Rs 45000. The US economy is showing an upward curve trend with many companies estimated to perform even better in future. So investment in this scheme is beneficial.
ICICI Pru US Blue Chip Equity Fund
While under this scheme there was an annual return of 9% in the last three years, the same return was 20% in the last one year. It is a sign of a great investment scheme. The aim of the scheme is to get more returns by investing in equity and securities pertaining to equity. Its investment in US Blue Chip Stocks too makes it one of the most desired investments to make.
Kotak World Gold Fund – Standard
This fund gave very good return in last 3 years duration and which is about 9.9%. In fact in last 1 year the return is unbelievable 36%. Means your Rs 1000 can grow as Rs 12,000 in 1 year duration only. The primary objective of this fund is to provide long term capital appreciation by investing in Falcon gold equity fund.
DSP BR World Gold Fund
No one is hidden from the fact that gold’s value is immense in any economic condition. Even after demonetization in India, the value of gold couldn’t be replaced. In the recent years, people have started to invest in mutual funds that believe in return from gold. If we look at the stats of the last three years, this scheme had a short return of 7% while its return in the last one year has been impeccably great with 65% return.
ICICI Prudential Global Stable Equity Fund
The scheme of ICICI Prudential Global Stable Equity Fund intends to invest in several units of overseas schemes related to mutual funds after a thorough analysis of the risk and return profiles. It has the reputation of getting a consistent return in the past three years to the investors. In the last two years and one year, the annual returns were 9% and 14% respectively. Investment policies together with fundamental attributes of mutual funds schemes are taken into consideration before any investment is done by the investment manager.
Birla Sun Life Global Real Estate Fund – Retail Plan
Birla Sun Life is a very popular name in the mutual fund industry. Their purpose to launch this international mutual fund is to get good benefits of best foreign funds to our Indian customers also. This fund is investing around 35% in ING Global Real Estate Securities Fund, around 20% of its corpus to money market securities and rest in similar overseas funds only. You can simply find out the key holdings of this find online. The avg return in last 3 year is around 8% from this fund.
ICICI Pru US Equity Fund
Compared to the three years annual return’s record of 10%, the scheme gave a jump of 50% annual return making it 20% in the last one year. US Equities have a stronger hold and when schemes invest in them, there are lower risks, with higher returns. This is another consistent performer in the international mutual fund scene.
Final Take on the list of Best International | Global Mutual Funds To Invest in 2017
Being dynamic with investment goals is an amazing trait that one should have. After investing in mutual funds in India, it is time for you to think global that surprises you with returns in short term that you must have never thought of. When one invests in global mutual funds, the person has an upper hand on earning better with the growth in the global economy.
Long term investment may give you chills but even though, these mutual funds are international with a global presence, the tenure is not too long. The minimum exit duration is 1 years to a maximum of 3 years. When we can invest in our savings account for so long and get peanuts in return, investment on international mutual funds makes you a wise and practical investor who knows how the economy works. Once someone had rightly said, “I couldn’t earn more because I didn’t invest a few years ago than I had done”. It is just one statement but has a deeper meaning. Never delay investment as no time is the right time.