International Funds are dominating the returns chart!

resr 5paisa Research Team

Last Updated: 13th December 2022 - 10:34 pm

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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.

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