Funds with exposure to top-notch global stocks attract investor attention

Demand spurred by healthy returns and a chance to play in stocks such as Alphabet Inc, Microsoft and Facebook

While passive schemes such as exchange traded funds (ETFs) and index funds focused on international indices have seen huge demand from investors, active funds with overseas stocks holdings have also been delivering positive returns over the past few years.

Parag Parikh Flexicap Fund has given returns of 49.23 per cent during the past one year, while the seven-year return of the fund is around 19.06 per cent, shows data from Value Research. Parag Parikh Flexicap Fund, which can invest up to 35 per cent in overseas securities, owns stocks such as Alphabet Inc, Microsoft Corporation and Facebook, among others.

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