I am investing in Parag Parikh Flexicap Fund & Axis Growth Opportunities Find which have 28% & 18% exposure to foreign equities.
I have chosen them to
- avoid the debt fund taxation in case of FOF,
- bring down the charges paid on expense ratios,
- have significant exposure to foreign equities and
- I started investing in Motilal Oswal Nasaq 100 FOF but found out that, the tracking error is huge as on July 2020.
Are there any other funds which have more exposure to Foreign Equities which are not FOFs or treated like a Debt fund ? Are there better MFs which have a maximum of 35% bracket foreign equity exposure ?