I am looking to buy mutual funds that invest outside India? Is it a good idea to invest in such funds? I am looking to diversify my holdings.Asked
For investing outside Indian market you can choose Global Mutual Fund category.
Global Fund is type of mutual fund, which invests in companies located anywhere in the world. In this fund the accumulated money will be in stock markets of other countries like USA, Brazil etc.
The reason you should consider global investments are:
Risk associated with Global funds are:
Here examples of global funds you can invest in: