Key Points
In the present era, many investors are aiming to expand their investment portfolios by incorporating global mutual funds..
With the help of the ET Mutual Fund Screener, ET Markets has identified the top five global mutual funds that have generated returns of about 48-87% in only one year...
Global equity funds are those that invest in the stocks of foreign companies..
These overseas funds could be the country funds that invest in the economy of a specific country like the US or the regional funds that invest in companies from a specific geographical region anywhere in the world..
Furthermore, these funds can take the form of global sector funds, which invest in companies worldwide within a specific sector, or sector-agnostic funds, which offer geographical diversification by investing across various sectors..
