As the rupee depreciates against major currencies and the domestic market remains volatile, many high networth individuals (HNIs) are looking to diversify their investments overseas. Some international markets have done better than India, and if you add the currency appreciation to the returns, the overall gains are much better than what an investor would have made in the domestic market.
Sample this: International mutual funds that focus on the US, for example, have given returns between 19 per cent and 33 per cent in the last one year. The dollar has gained 4.8 per cent. The one-year average return
Sample this: International mutual funds that focus on the US, for example, have given returns between 19 per cent and 33 per cent in the last one year. The dollar has gained 4.8 per cent. The one-year average return