Global Mutual Funds

[JostsAshish]

Do you know what are Global Mutual Funds in India and how do they work

[Bhuvan]

@JostsAshish

Do you know what are Global Mutual Funds in India and how do they work

There are two two of mutual funds which can invest globally.

1. Fund of fund (FOF): This is a mutual fund which holds mutual funds or ETFs of the country it is mandated to invest in.
2. Normal open ended funds, which have invest a certain percentage of the portfolio globally. For ex. PPFAS Long Term Equity fund and Axis Growth Opportunities Fund.

Here’s a list of all international mutual funds in India:

Are there any international mutual funds in India that invest in global equities?

I was thinking of having some exposure to global equities in my portfolio and wanted to know if Indian mutual funds invest in global equities. If yes, is there any consolidated list of funds?