International funds focused on tech giants excel; should you invest in global MFs?
(Published in MoneyControl)
You need to build a US dollar-based kitty. Such investments would help you build a substantial corpus in the long-term
Apple, Facebook and Microsoft, Amazon, Alibaba, Pfizer and Merck: these world-class companies have weathered the COVID-19 storm and their shares have soared. No wonder then that the rally in these stocks has helped a select band of international equity mutual funds (MFs) that invest in overseas markets deliver robust returns.