International funds deliver up to 15% CAGR in 10 years

Apr 01, 2024, 06:20:21 PM IST

These funds gave an average return of 6.83% returns in 10 years — the lowest among all equity categories — according to the data by ACE MF. There were around 23 international funds in the market.

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Four international funds gave double-digit returns in 10 years. Franklin India Feeder – Franklin U.S. Opportunities Fund, ICICI Pru US Bluechip Equity Fund, DSP US Flexible Equity Fund, and Edelweiss US Value Equity Offshore Fund gave 14.49%, 14.29%, 13.59%, and 10.66% returns respectively.

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12 schemes from the category

Around 12 schemes from the international fund category offered returns ranging between 5.11% and 9.54% in a 10-year period.

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HSBC Brazil Fund, the only scheme in the category to offer negative returns, lost 1.41% return in 10 years.

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These schemes invest in equities of a region or country, or fixed-income securities. So one should invest in these schemes only if she understands the investing universe and its prospects.

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In addition to the normal risk of investing in stocks, international funds also come with currency risks. This could happen due to fluctuations in the value of other markets’ currency against the Indian rupee. Investors have to be prepared for currency risks because any fluctuation will directly impact the net asset value (NAV) of the fund.

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