Indian investors do not invest much into foreign assets. The combined assets across all mutual funds investing in foreign geographies is 2bn USD (~ Rs. 15,000 crs). Compare this with the size of the mutual fund industry, which is more than Rs. 31 Lakh crs and you get the picture. Investing in foreign assets offer several advantages – the first and foremost being the benefit of diversification. Very often, a foreign market may behave very differently from the domestic market, bringing in a different flavor to your investment.
Amfi stock classification: Multibaggers BHEL, NHPC, 5 more stocks to likely turn largecaps
Read More