I would like to start investing in funds that give exposure to foreign markets like the US or China. Please suggest some funds that fulfill these criteria.
— Kunal Mahajan
To invest in the United States, you have the Motilal Oswal NASDAQ 100 ETF, which provides a fairly straightforward exposure to the said benchmark. The other two funds that provide different investment strategies are Franklin US Opportunities, which is a growth fund; and ICICI Prudential US Bluechip, which is a value-oriented fund.
Likewise, to invest in China, you can opt for JP Morgan Greater China Opportunities, Mirae Asset China Advantage or the Hang Seng BeES. However, keep in mind that China is an extremely volatile market.
This article was originally published on December 20, 2012.
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