Indian equity mutual fund investors may be brooding over negative returns in the last year. However, investors in international mutual funds are all smiles. The top fund in the overseas category -- Motilal Oswal NASDAQ 100 Exchange Traded Fund -- has given 27 per cent in the last year; HSBC Brazil Fund has offered around 18 per cent in one month. Mutual fund advisors say the current scenario underscores why investors to need to diversify their portfolio across geographies.
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