Mutual Fund Investment Plan: The global race for Artificial Intelligence (AI) has transformed the world’s stock markets. Over the past year, the US S&P 500, Japan’s Nikkei 225, and major indices in Taiwan and South Korea have delivered impressive returns. This has been largely due to record gains in AI ecosystem companies like Nvidia, Alphabet, Microsoft, Amazon, and Taiwan Semiconductor. Also, due to these factors, the market cap of the Indian stock market has also rapidly declined from 5th to 7th place.
In such a situation, many investors are investing in global companies (Foreign Stocks Mutual Funds India), and are looking for a way to invest in. However, due to the foreign investment limits imposed by RBI and SEBI, many international mutual funds’ new purchases are currently limited. However, some domestic mutual funds invest in both Indian stocks and foreign companies, offering investors the opportunity to participate in the global growth story. In this article, we have highlighted five such mutual funds that have foreign companies in their holding portfolios.
Axis Large & Mid Cap Fund
Axis Large & Mid Cap Fund: Key foreign holdings
Axis Large & Mid Cap Fund also holds investments in foreign index funds like iShares Nasdaq 100 ETF and iShares Core S&P 500 ETF.
DSP Multi Asset Allocation Fund
DSP Multi Asset Allocation Fund: Key foreign holdings
The fund also holds investments in some foreign ETFs, including the Communication Services Select Sector SPDR and the iShares Global Industrials ETF.
DSP Value Fund: Key foreign holdings
Apart from this, the fund has also invested in foreign funds like WCM Global Equity Fund and Harding Loevner Global Equity Fund.
Parag Parikh Flexi Cap Fund
Parag Parikh Flexi Cap Fund: Key foreign holdings
SBI Focused Equity Fund: Key foreign holdings
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
