Is It Time To Invest Across The Globe??

 Global funds are a way to diversify ones portfolio, one can invest in global funds with the time horizon of three-five years. Global funds like Franklin US opportunities gave returns of around 41%, ICICI  US prudential US bluechip equity gave returns of 38% and Dsp blackrock US flexible equity gave 36%. Investors in global  funds are seeing strong double-digit gains on their investments as the rupee has weakened considerably against the dollar. global funds give diversification and participation in equity assets in foreign countries. This diversifies the geographical risk of investing only in rupees as investors get exposure in dollars.,thus investors are not only investing but hedging their risk if rupee falls.. Investing 15-20% of your portfolio in these is a good way to diversify,over one lat year indian markets have stopped giving returns for long term investors,diversifying in other economy helps the portfolio to make money. These also give exposure to themes such as global agriculture or south american equity  or equity exposure of US markets,This year many fund houses filed offer document to securities and exchange board of india to launch global schemes. Analysts say ideally one should invest in dollar denominated funds that invest in equity assets overseas,however global funds should not exceed 15% of the portfolio. However these funds can also be used to hedge against currency risk for goals such as education abroad. This is a good way to hedge for goals like saving for childs foreign education down the line. But you need to have a long term view of atleast five years when you link investments in global funds for goals like  foreign education as timing currency movement is very difficult.