International Funds are dominating the returns chart!

International Funds are dominating the returns chart!

by 5paisa Research Team Last Updated: Apr 04, 2022, 12:55 PM IST

In the last one week, the Indian equity market remained the worst-performing market globally. Hence, the funds dedicated to the international market remained the best performing funds.

The Indian equity market represented by Nifty 50, after touching a recent high of 18,604 on October 19, has come down by almost 4%. In last one week, it is down by 1.5%. This is also being reflected in the performance of equity dedicated funds. In the same period equity dedicated fund is down by on an average 1.4%.

In the same period, however, the fund dedicated to the international fund has generated returns in excess of 2%. This is especially true for funds dedicated to tech-heavy Nasdaq 100. Even the categories such as commodities and real estate that are the direct beneficiary of rising inflation have appeared in the top-performing funds.

Following is the list of the top 10 funds that performed best in the last one week.

Fund Name  

Point to Point Returns (%)  

Category  

Expense Ratio (%)  

Net Assets (Cr)  

Kotak Nasdaq 100 FOF - Direct Plan  

2.21  

EQ-INTL  

0.27  

582.00  

HSBC Global Equity Climate Change FoF - Direct Plan  

2.10  

EQ-INTL  

1.33  

594.00  

Mirae Asset S&P 500 Top 50 ETF  

1.88  

EQ-INTL  

0.46  

286.00  

Motilal Oswal Nasdaq 100 FOF - Direct Plan  

1.80  

EQ-INTL  

0.10  

3,623  

Nippon India Japan Equity Fund - Direct Plan  

1.64  

EQ-INTL  

1.33  

228.00  

DSP World Gold Fund - Direct Plan  

1.59  

EQ-INTL  

1.75  

807.00  

Motilal Oswal NASDAQ 100 Exchange Traded Fund  

1.53  

EQ-INTL  

0.56  

5,152  

PGIM India Global Equity Opportunities Fund - Direct Plan  

1.27  

EQ-INTL  

1.40  

1,518  

SBI International Access - US Equity FoF - Direct Plan  

1.21  

EQ-INTL  

0.76  

968.00  

Kotak International REIT FOF - Direct Plan  

1.09  

EQ-INTL  

0.40  

193.00  

This does not mean that you should increase exposure towards international funds. They should be essentially used for diversifying your investments.

About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.

SENSEX
52,727.98
462.26 (0.88%)
Nifty 50
15,699.25
142.60 (0.92%)
Nifty Bank
33,627.45
492.45 (1.49%)

Open Free Demat Account

& get benefits worth 2100*

 
Resend OTP
Please Enter OTP
  • Have Promo code?
  • Use code ACT2100
Enter Promo code

By proceeding, you agree to the T&C.

SENSEX
52,727.98
462.26 (0.88%)
Nifty 50
15,699.25
142.60 (0.92%)
Nifty Bank
33,627.45
492.45 (1.49%)

Start Investing Now!

Open Free Demat Account in 5 mins

Enter Valid Mobile Number