There are several international funds available in India via different AMCs. As the name suggests, these International funds are primarily equity funds that invest in stocks of foreign companies listed outside of India.
These are also known as Overseas Funds or Foreign Funds and helps Indian investors to take advantage of global stock markets and have geographical diversification in their mutual fund portfolios. Generally, there are 3 types of International Funds
- Global Funds – These invest in stocks around the world including the country in which the investor resides.
- Regional Funds – These invest in companies from a specific geographical region. For example – A fund can invest in stocks in different countries in the South-Asian region.
- Country Funds – These invest in stocks in only one foreign country.
Indian mutual funds have a ton of international funds. As of now (2023), following is the list of international mutual funds operating in India:
- Motilal Oswal NASDAQ 100 Exchange Traded Fund – AUM Rs 6100 Cr
- Motilal Oswal Nasdaq 100 FOF – AUM Rs 4282 Cr
- Franklin India Feeder Franklin US Opportunities Fund – AUM Rs 4215 Cr
- Motilal Oswal S&P 500 Index Fund – AUM Rs 2566 Cr
- Edelweiss US Technology Equity FoF – AUM Rs 2308 Cr
- ICICI Prudential US Bluechip Equity Fund – AUM Rs 2008 Cr
- Edelweiss Greater China Equity Off-shore Fund – AUM Rs 1974 Cr
- Axis Global Innovation FoF – AUM Rs 1799 Cr
- PGIM India Global Equity Opportunities Fund – AUM Rs 1762 Cr
- Kotak Global Innovation FoF – AUM Rs 1596 Cr
- Axis Global Equity Alpha FoF – AUM Rs 1472 Cr
- Mirae Asset NYSE FANG+ ETF – AUM Rs 1360 Cr
- HDFC Developed World Indexes FoF – AUM Rs 1182 Cr
- Mirae Asset NYSE FANG+ ETF FoF – AUM Rs 1099 Cr
- SBI International Access – US Equity FoF – AUM Rs 1064 Cr
- DSP World Gold Fund – AUM Rs 984 Cr
- Invesco India – Invesco Global Consumer Trends FoF – AUM Rs 719 Cr
- Kotak Nasdaq 100 FOF – AUM Rs 691 Cr
- DSP US Flexible Equity Fund – AUM Rs 682 Cr
- HSBC Global Equity Climate Change FoF – AUM Rs 614 Cr
- Nippon India US Equity Opportunities Fund – AUM Rs 562 Cr
- Mirae Asset S&P 500 Top 50 ETF – AUM Rs 418 Cr
- IDFC US Equity FoF – AUM Rs 381 Cr
- Franklin Asian Equity Fund – AUM Rs 343 Cr
- Mirae Asset S&P 500 Top 50 ETF FoF – AUM Rs 315 Cr
- Aditya Birla Sun Life Global Emerging Opportunities Fund – AUM Rs 285 Cr
- ICICI Prudential NASDAQ 100 Index Fund – AUM Rs 268 Cr
- Nippon India Japan Equity Fund – AUM Rs 246 Cr
- ICICI Prudential Global Advantage Fund (FOF) – AUM Rs 241 Cr
- PGIM India Emerging Markets Equity Fund – AUM Rs 237 Cr
- Kotak International REIT FOF – AUM Rs 203 Cr
- DSP World Energy Fund – AUM Rs 178 Cr
- Edelweiss Europe Dynamic Equity Offshore Fund – AUM Rs 165 Cr
- DSP World Mining Fund – AUM Rs 163 Cr
- Aditya Birla Sun Life Global Excellence Equity FoF – AUM Rs 153 Cr
- Kotak Global Emerging Market – AUM Rs 145 Cr
- Edelweiss Emerging Markets Opportunities Equity Offshore Fund – AUM Rs 137 Cr
- Axis Greater China Equity FoF – AUM Rs 128 Cr
- Aditya Birla Sun Life International Equity Fund – Plan A – AUM Rs 125 Cr
- BNP Paribas Funds Aqua FoF – AUM Rs 121 Cr
- DSP Global Allocation Fund – AUM Rs 109 Cr
- ICICI Prudential Global Stable Equity Fund (FOF) – AUM Rs 99 Cr
- Sundaram Global Brand Fund – AUM Rs 96 Cr
- Nippon India ETF Hang Seng BeES – AUM Rs 94 Cr
- Edelweiss US Value Equity Off-shore Fund – AUM Rs 75 Cr
- DSP World Agriculture Fund – AUM Rs 67 Cr
- Edelweiss ASEAN Equity Off-shore Fund – AUM Rs 60 Cr
- Mahindra Manulife Asia Pacific REITs FoF – AUM Rs 39 Cr
- Principal Global Opportunities Fund – AUM Rs 38 Cr
- Invesco India Feeder- Invesco Pan European Equity Fund – AUM Rs 35 Cr
- Aditya Birla Sun Life NASDAQ 100 FOF – AUM Rs 32 Cr
- HSBC Brazil Fund – AUM Rs 24 Cr
- Franklin India Feeder – Templeton European Opportunities Fund Direct Plan – AUM Rs 22 Cr
- Aditya Birla Sun Life Commodity Equities Fund – Global Agri Plan – AUM Rs 16 Cr
- HSBC Global Emerging Markets Fund – AUM Rs 16 Cr
- Invesco India Feeder- Invesco Global Equity Income Fund – AUM Rs 11 Cr
- HSBC Asia Pacific (Ex Japan) Dividend Yield Fund – AUM Rs 10 Cr
- Mirae Asset Hang Seng TECH ETF FoF – AUM Rs 0 Cr
- Mirae Asset Hang Seng TECH ETF – Regular Plan – AUM Rs 0 Cr
- Motilal Oswal MSCI EAFE Top100 Select Index Fund – AUM Rs 0 Cr
- Motilal Oswal Nasdaq Q 50 ETF – AUM Rs 0 Cr
- Nippon India Taiwan Equity Fund – AUM Rs 0 Cr
- PGIM India Global Select Real Estate Securities FoF – AUM Rs 0 Cr
So that was the updated list of international mutual funds in India (2023).