Investing in international funds can provide access to global investments, achieve diversification and hedge against a falling rupee.
That’s according to Radhika Gupta, chief executive officer at Edelweiss Mutual Fund. “International funds are part of a mutual fund basket,” Gupta said on BloombergQuint’s weekly series The Mutual Fund Show. “Just like getting access to international products such as phones, automobiles, etc, mutual funds provide access to international investments.”
International funds give investors exposure to a wide range of global firms ranging from technology behemoths like Alphabet, Facebook and Alibaba to automakers such as Suzuki Motor.
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