Things to Consider Before Investing in Global Funds
What are mutual funds? Mutual funds are a pool of professionally managed funds that invest across multiple asset classes for income generation. It is the duty of the fund manager to buy and sell securities in quantum with the investment objective of the scheme so that in the long run it is able to What are global funds? Categorized as funds of funds (FoFs) global mutual funds are equity funds which invest in international markets. Global fund investors find themselves indirectly venturing in foreign markets for income generation. You can actually invest in international markets through investments in an Indian mutual fund scheme. There are some mutual funds who just like normal equity funds invest in international equities. These global funds can also work as a hedge against market risk which Indian mutual funds hold. For this reason, investors can add some international diversification to their local mutual fund portfolio by investing in global funds. There is a common misconception