FOF-Overseas
Over the past few years, international mutual funds have gained interest among Indian investors because of their potential to generate capital appreciation by investing across global economies. International mutual funds invest in securities of global companies that aren’t publicly listed in India. These are open-ended mutual funds schemes that predominantly invest in equity and equity-related instruments as well as in debt instruments of global giants like Apple, Microsoft, Facebook, Google, etc., which aren’t available for direct investment to the Indian investors. International equity funds make an ideal investment option for those who wish to invest in foreign markets but do not have the resources to do so.