Indian investors earn up to 72 pc returns from global mutual funds
NEW DELHI: Indian investors who explored opportunities beyond domestic equities have seen impressive gains over the past year, with several international mutual funds and fund-of-funds (FoFs) delivering returns as high as 72 per cent.
NEW DELHI: Indian investors who explored opportunities beyond domestic equities have seen impressive gains over the past year, with several international mutual funds and fund-of-funds (FoFs) delivering returns as high as 72 per cent.
These funds outperformed even the best-performing Indian equity categories, thanks to global rallies driven by technology, artificial intelligence, consumer spending, and commodities.
According to data from ACE Mutual Fund as of October 20, the top 10 international funds delivered one-year returns ranging between 33 per cent and 72 per cent.
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