The last six months have been extremely volatile for equity markets globally. US trade tariff policies in Trump 2.0, geopolitical tensions, and FIIs (foreign institutional investors) shifting capital from India jolted the domestic market. This market plunge led to most mutual fund categories suffering deep losses over the last three to six months. If we look at the 1-year returns of key fund categories, large-cap, small-cap, flexi-cap, ELSS, etc. they have barely been able to give double-digit returns in the last one year.
However, international mutual funds have performed better during this difficult period. The average return in the global funds (67 funds) category has been 14% in the last one year. Other than the international fund category, only the mid-cap and multi-cap categories saw average double-digit returns. This notable performance by international mutual funds may encourage Indian investors to consider investing in such funds, especially during a downturn in the domestic market.
International mutual funds allow Indian investors to invest globally, allowing them to participate in the growth of global companies and economies. Whether it is US tech companies, European blue-chip companies, or Asian markets, with these funds, one can take advantage of the growing opportunities of the international economy.
Also read: Does it make sense to invest in U.S. equity funds amid market volatility?
If you’re also looking to invest in international markets, check out this list of five mutual funds that have delivered returns of up to 97% in the last one year.
1. Mirae Asset Hang Seng TECH ETF Fund of Fund
Fund’s 1-year return: 97.34%
Fund size (AUM): Rs 102.93 crore (as on 28 February 2025)
Benchmark: Hang Seng TECH TRI
Fund’s launch date: 8 December 2021
Mirae Asset Hang Seng TECH ETF Fund of Fund, being a fund of funds, invests its assets in a set of mutual fund schemes instead of the underlying securities directly.
2. Mirae Asset Hang Seng TECH ETF
Fund’s 1-year return: 64.17%
Fund size (AUM): Rs 404 crore (as on 28 February 2025)
Benchmark: Hang Seng TECH TRI
Fund’s launch date: 6 December 2021
Mirae Asset Hang Seng TECH ETF, being passively managed, replicates the portfolio of its chosen benchmark index.
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