List of US Mutual Funds and ETFs in India

by Manshu on July 16, 2013

in Uncategorized

Yesterday I wrote about investing in US based funds in India, and I think the most practical way for Indian investors to buy into these funds is to buy mutual funds and ETFs that trade in India and then in turn buy assets in the US.

There are two types of risks that you take when you buy such a fund – the first one is the risk that the American markets fall, and the second one is the risk that the Rupee appreciates. If the Rupee appreciates against the Dollar then the value of your holding will reduce and that’s something we discussed yesterday, and you can read that post to get more details on that. (Read: Utility of US Based Funds in India)

As far as I know there are only three such funds currently trading in India. Here are the details of each of these.

Fund Name What does it invest in?

1 Year Return

2012 Annual Return

MOSt Shares NASDAQ 10 Passive funds that invests in NASDAQ 100 stocks.

29.3%

16.4%

ICICI Prudential US Bluechip Equity Fund Actively managed fund that invests in in securities of large cap companies that are part of S&P 500 listed on NASDAQ and NYSE.

32.6%

5.4%

DSP BlackRock US Flexible Equity Fund This is a fund of funds that invest BlackRock Global Funds US Flexible Equity Fund, which is an actively managed fund that invests in American securities.

 –

2.2%

FT India Feeder – Franklin U.S. Opportunities Fund Is an open-end fund of funds scheme investing overseas that seeks to provide capital appreciation by investing predominantly in units of Franklin U. S. Opportunities Fund, an overseas Franklin Templeton mutual fund, which primarily invests in securities in the United States of America.

 36.9%

8.5%

Update: Added Franklin Feeder US Opportunities Fund after receiving Devadoss E’s email below. 

I am sorry to say that your inputs are not exhaustive .

Thus, you have clearly left out the top performing Franklin Feeder US Opportunities fund !
So, before you continue to write your inputs, think well and review before publishing !
 
Sincerely,
 
Devadoss E

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