Google in your Fund

The case for investing abroad is something that we have stated time and again for the diversification that it offers. While international mutual funds do offer a window to invest abroad; they do have their share of limitations. For instance, international funds have a significant tax disadvantage as they are treated as debt funds and taxed accordingly. The tax implications hurt further post the recent budget, as all gains arising from these funds within three years of investment will be treated as income and be eligible as