Overseas funds: How are international funds taxed?
Financial planners believe it is important for investors to geographically diversify their equity portfolios as it helps in hedging currency risk and gaining access to a host of new businesses that are not available in India. The easiest way of doing this is investing in an international equity fund or fund of funds (FoF).WHY SHOULD INDIAN INVESTORS ADD INTERNATIONAL FUNDS?
India is among the top 5 countries by market capitalisation, but its share in the global market capitalisation is between 4-5%. Given this low share, wealth managers feel there is a need to diversify equity portfolios geographically to manage risk and participate in industries, tech and firms that are not available in the Indian stock market. There are times when the…
India is among the top 5 countries by market capitalisation, but its share in the global market capitalisation is between 4-5%. Given this low share, wealth managers feel there is a need to diversify equity portfolios geographically to manage risk and participate in industries, tech and firms that are not available in the Indian stock market. There are times when the…
