MUTUAL FUNDS
OVERSEAS BETS
- Foreign stocks such as those in the S&P 500 index are trading close to or below the average medium-term P/E
- Build an international portfolio through passive funds as they are cheaper & more tax-efficient
- Look beyond US to markets such as China and Europe
Investing in international funds ensures portfolio diversification, reducing risk by not being solely reliant on the performance of the Indian market. Additionally, international funds open up investment opportunities in new markets, potentially aiding wealth creation.
Returns from international funds are rising because of the rally in those having allocation towards the US economy, especially US tech. As international stocks such as those in the S&P 500 index are trading close to or below the average medium-term P/E, there could be an opportunity for investors to buy select high-quality stocks at reasonable valuations, especially on the back of strong fundamentals. Moreover, for new-age sectors like AI, the representation from listed firms in India is less. Investors can use international funds to diversify investments into such domains.
Esta historia es de la edición June 12, 2023 de Financial Express Mumbai.
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Esta historia es de la edición June 12, 2023 de Financial Express Mumbai.
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