New Delhi, October 23 (Udaipur Kiran) — Indian investors exploring opportunities beyond domestic equities have witnessed remarkable gains over the past year, with several international mutual funds and fund-of-funds (FoFs) delivering returns as high as 72%.
Driven by global rallies in technology, artificial intelligence (AI), consumer spending, and commodities, these funds have outperformed even the best-performing Indian equity categories.
According to data from ACE Mutual Fund (as of October 20), the top 10 international funds generated annual returns ranging between 33% and 72%, while during the same period, India’s benchmark Nifty index rose by just 5.7%.
At the top of the list was Mirae Asset NYSE FANG+ ETF FoF, which delivered an exceptional 71.78% one-year return and a 62.72% three-year return, reflecting strong gains from global tech leaders.
It was followed by Invesco Global Consumer Trends FoF, which surged 52.65%, benefiting from robust performances by global consumer brands and digital commerce companies.
Broader U.S.-focused strategies also performed strongly. The Mirae Asset S&P 500 Top 50 ETF FoF returned 49.91%, while the Motilal Oswal NASDAQ 100 FoF offered 42.48% gains over the year.
Meanwhile, the DSP World Mining Overseas Equity FoF recorded a 32.83% rise, supported by higher global commodity prices and improved capital discipline among major mining firms.
Overall, global diversification has clearly rewarded Indian investors this year, as international markets — particularly those driven by AI, technology, and resource sectors — have outperformed domestic equities by a wide margin.
In commodities, after two volatile sessions, gold and silver prices stabilised near $4,050 and $48 per ounce, respectively, as investors booked profits following record highs earlier this week.
Experts noted that the mild correction reflected renewed investor confidence in risk assets, driven by optimism around U.S.-India trade relations, which weakened demand for safe-haven assets like gold. Seasonal demand for gold in India also declined, putting additional pressure on the physical market.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
