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Rediff.com  » Business » Foreign funds now on offer in India

Foreign funds now on offer in India

August 21, 2007 08:48 IST

If the recent trend of new fund offers is anything to go by, foreign equity funds are gaining popularity. A total of four diversified equity funds that would invest your money abroad were launched in the past month.

Increasingly, mutual funds are finding it easier to invest their entire corpuses in international funds abroad than scouting for, and investing in, foreign securities themselves.

A varied taste

Kayezad E Adajania, Outlook Money