Name
|
Objective
|
1 Year Return
|
3 Year Return
|
5 Year Return
|
ICICI Prudential Global Stable Equity Fund
|
An open-ended fund of funds scheme. To provide returns by investing in units of one or more mutual fund schemes abroad.
|
6.90%
|
6.90%
|
—
|
Motilal Oswal MOst Shares NASDAQ – 100 ETF
|
Match the performance of the NASDAQ 100 Index.
|
22.90%
|
15.10%
|
22.50%
|
Franklin Asian Equity Fund
|
To take advantage of long-term growth of companies in the Asian region (excluding Japan).
|
32.60%
|
11.70%
|
12.00%
|
Edelweiss Greater China Equity Fund
|
To provide long term capital appreciation by investing in JP Morgan Funds – Greater China Fund. It has investments in other liquid instruments.
|
38.70%
|
13.70%
|
15.20%
|
Tax Treatment
Short term capital gains arising due to selling of units of MF Scheme before 1 year will be added to investor’s income and taxed as per tax slab of the individual.
Long Term Capital gains are charged at 10% tax on capital gains without Indexation and 20% tax on capital gains with Indexation.
Should I Invest in International MFs?
You can invest a part of your money in international funds as they provide diversification and risk diversification. At the same time you can be hedged against Indian market downturns. It also helps in funding expenses like children’s education abroad in the future. At the same time, beware of currency risks and exposure to market risk due to social or economic factors in that particular country invested in.
You can allocate a small portion of your wealth to these funds if you have already finished investing in instruments based on local stock market.
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