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22 new international funds launched this year
December 24, 2021
International Funds saw a ton of new schemes and themes in 2021. Even though the fact that the classification just offered a normal return of 11.62%, the clinchers in the class fared much better. Around 14 schemes in the category have offered over 20% returns in a single year. The disparity among the profits is significantly a result of the various themes in the category.
This year Chinese business sectors saw a big correction and consequently the China-focused funds were among the laggards. Notwithstanding, the US-focussed funds offered great returns this year on the back of recuperation in the US markets.
An aggregate of 22 new worldwide assets, including dynamic assets, file assets, ETFs and FoFs, were dispatched in 2021 by the asset houses. These funds were in different topics, sectors and markets and some of them figured out how to garner large inflows during their NFO period.
To refer to a couple of models, Nippon India Taiwan Equity Fund was the primary Indian shared fund to put resources into Taiwanese market. Mirae Asset Hang Seng Tech ETF, focusing on IT sector organizations recorded on the Hong Kong stock trade, was likewise launched for the current year.
Important Links:
- Post Graduate Diploma in Management (PGDM): https://tscfm.org/courses/3-in-1-management-program/
- MBA from UK University: https://tscfm.org/courses/mba-from-uk-university/