At least six funds focused on investing in the US have outperformed the broader index Nifty by a wide margin as their exposure to a few stocks such as Apple and Google helped them race ahead of their domestic counterparts.
In the last financial year, such investments returned about 2.50% on an average while the benchmark index 50-share Nifty has actually registered an investment erosion of 8.86%, show data from Morningstar, a mutual fund research organisation. During this period, ..