
Last one year has been a helluva ride for international investors. From a steep correction to geopolitical issues, supply chain disruptions to regulatory run-ins, we have seen it all. To add to the drama, this year promises to roll out a nail-biting climax on interest rate hikes and recession fears in the US. So, what should international investors do? Let's run you through all that has happened of late, followed by the changes in our fund recommendations. Shut me, shut me not International mutual funds saw a massive inflow in the post-COVID era, thanks to the stellar performance of US tech stocks and underperformance of the Indian market at the time. However, the tables turned in 2022. This time, it was the Indian market that flexed its muscle; by contrast, most international indices were getting trounced. However, just when these battered foreign stocks were ripe for further investment, the door was slammed on Indian investors in February 2022. SEBI, the markets regulator, intervened. They restricted international funds from attracting any more investments, saying they had breached the international investment ceiling. Later in the year though, SEBI eased the restrictions, as many investors had started pulling out their money from international funds due to their underperformance. Even though SEBI allowed international funds to resume normal business temporarily,
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