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To Invest Internationally or Not

International funds benefit from a depreciating rupee, but that is not why you should invest in them…

Are international funds an opportunistic bet? With the global economic situation a little chaotic, should investors have some international exposure?

Investors should look at international funds selectively, because they're not a homogenous category. The case for some international funds could be strong, but not for all of them. These funds do tend to benefit from rupee depreciation, but that is not why you should invest in them.
Invest in international funds for the same reason that you invest in mutual funds, which is diversification.

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