Global Mutual Funds

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: