Synopsis: International mutual funds allow Indian investors to invest in companies listed outside India, offering global diversification and exposure to international markets. This article highlights International mutual funds in India that have given strong returns over the past three years along with key details such as AUM, expense ratio etc.
An international mutual fund invests in stocks of companies that are listed outside India, offering investors global diversification and exposure to international markets.
Why Investors Should Consider International Mutual Funds
| Aspect | International Funds | Indian Funds |
| Market Exposure | Global markets | Indian markets |
| Diversification | High | Limited to India |
| Sector Access | Global tech & innovation | India-focused sectors |
| Currency Impact | Present | Not applicable |
| Role in Portfolio | Diversifier | Core investment |
Steps to invest in International funds (via Indian platforms)
- Step 1: Complete KYC with PAN and Address proof
- Step 2: Choose a platform (eg:Groww, ET Money, HDFC MF etc) or bank’s investment portal
- Step 3: Select the funds; FoFs, ETFs etc
- Step 4: Decide on investment type; Lump sum or SIP
- Step 5: Invest by entering the amount, linking the bank account and confirming.
Top 7 International Mutual Funds in India Offering High Returns
1. Edelweiss US Technology Equity Fund
- Returns (CAGR): 18.2% (1Y), 37.2% (3Y), 12.5% (5Y)
- AUM: ₹3,640 Cr
- Expense Ratio: 0.73%
- Risk: Very High
- Min SIP: ₹100 and Lumpsum value: ₹100
2. Franklin U.S Opportunities Equity Active FoF Direct Growth
- Returns (CAGR): 8.5% (1Y), 24.6% (3Y), 10.6% (5Y)
- AUM: ₹4,465 Cr
- Expense Ratio: 0.61%
- Risk: Very high
- Min SIP: ₹500 and Lumpsum value: ₹5000
3. Aditya Birla Sun Life Global Excellence Equity FoF Direct Growth
- Returns (CAGR): 16.8% (1Y), 23.4% (3Y), 15.5% (5Y)
- AUM: ₹197.1Cr
- Expense Ratio: 0.68%
- Risk: very high
- Min SIP: ₹100 and Lumpsum value: ₹100
Also read: Top 10 Asset Management Companies (AMCs) Dominating the Indian Mutual Fund Industry in 2026
4. Axis Global Innovation FoF Direct Growth
- Returns (CAGR): 18.11% (1Y), 23.27% (3Y)
- AUM: ₹649.26 Cr
- Expense Ratio: 0.87%
- Risk: Very High
- Min SIP: ₹100 and Lumpsum value: ₹100
5. Kotak Global Innovation Overseas Equity Omni FoF Direct Growth
- Returns (CAGR): 20.6% (1Y), 23.1% (3Y)
- AUM: ₹557.28Cr
- Expense Ratio: 0.49%
- Risk: Very high
- Min SIP: ₹100 and Lumpsum value: ₹100
6. Axis Global Equity Alpha FoF Direct growth
- Returns (CAGR): 23.3% (1Y), 22.6% (3Y), 15.8% (5Y)
- AUM: ₹1,440.53 Cr
- Expense Ratio: 0.83%
- Risk: Very high
- Min SIP: ₹100 and Lumpsum value: ₹100
7. Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth
- Returns (CAGR): 48.9% (1Y), 22.57% (3Y), 16.09% (5Y)
- AUM: ₹196.1
- Expense Ratio: 0.58%
- Risk: Very high risk
- Min SIP: ₹100 and Lumpsum value: ₹100
| 5Y | 3Y | 1Y | Monthly invested (example) | International mutual fund | 1Y | 3Y | 5Y | |
| ₹2,07,148 | ₹1,08,071 | ₹27,017 | ₹2000*12=₹24,000 | Edelweiss US Technology Equity Fund | 18.2% | 37.2% | 12.5% | |
| ₹1,84,738 | ₹1,03,039 | ₹26,951 | ₹2000*12=₹24,000 | Franklin U.S Opportunities Equity active FoF Direct growth | 8.5% | 24.6% | 10.6% | |
| ₹1,82,578 | ₹95,592 | ₹26,495 | ₹2000*12=₹24,000 | Aditya Birla Sun Life Global Excellence Equity FoF Direct growth | 16.8% | 23.4% | 15.5% | |
| – | ₹90,700 | ₹24,178 | ₹2000*12=₹24,000 | Axis Global Innovation FoF Direct Growth | 18.11% | 23.27% | – | |
| – | ₹1,01,236 | ₹27,721 | ₹2000*12=₹24,000 | Kotak Global Innovation Overseas Equity Omni FoF Direct Growth | 20.6% | 23.1% | – | |
| ₹1,90,507 | ₹1,00,339 | ₹26,977 | ₹2000*12=₹24,000 | Axis Global Equity Alpha FoF Direct growth | 23.3% | 22.6% | 15.8% | |
| ₹2,01,545 | ₹1,05,928 | ₹28,226 | ₹2000*12=₹24,000 | Edelweiss Europe Dynamic Equity offshore fund Direct Growth | 48.9% | 22.57% | 16.09% |
Conclusion
International mutual funds help Indian investors diversify their portfolio and provide exposure to global markets and sectors that are not listed in India. Several International mutual funds have delivered strong returns over the past years. However, these funds carry high risk due to volatility and currency fluctuations in the global market.
Written by Boyapati Sai Jasmitha