Best way to invest in foreign stocks?

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I like to invest in foreign mutual funds. Particularly, to get started, the US seems good to me for following reasons - diversification and hedging.

So here are my doubts:

  1. What’s the best way to invest in foreign mutual funds? Is it FoF? Or direct funds?
  2. Besides the US, what other countries can be considered for investing?
  3. What are other major pointers to consider in foreign mutual funds investment? Like tax implications, etc.
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