Going Beyond Domestic Mutual Fund

All we have the experience of investing in domestic MFs. Have you thought of investing your money in the units of International Fund.It's worth considering for quite a few reasons.When you park all your investments in domestic MFs lacking in diversity.The result or return of your investments would be country specific and if the economic does well the performance of a fund would be commensurate with that.

Why International fund is so special It is special because it allows to partake of the success achieved off-shore.Although investment opportunities in our country are quite substantial but we should not let go of opportunities which lie outside our shore!So think of giving your portfolio some stability by investing money in developed and emerging economies.Some time back the number of such fund was almost non-existent now we have as many as 24 such funds.

Tax Treatment

It is important to examine the tax implication of your income arising out of income from such funds.In India the domestic MF which allocates 65% of its corpus in domestic equities is exempted from long-term Capital Gains .But it is not so in the case of your income from International Fund.