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Does global diversification work better than just investing in US stocks?
Moneycontrol
5 days ago
© Venkatasubramanian K
Does global diversification work better than just investing in US stocks?
Axis Mutual Fund (MF) has rolled out a new scheme that will invest in an international fund, which in turn buys shares of companies listed across the globe. Called the Axis Global Innovation Fund of Fund (AGI FoF), this scheme will invest its entire corpus in Schroder International Selection Fund Global Disruption (SISF). Now, SISF is global fund that invests across different geographies and sectors.
The scheme
Axis MF wants to capitalise on companies that are a part of disruption caused due to the spread of the COVID-19 pandemic. The international fund invests in companies from sectors that have benefited from adopting new technologies. These include education and health technologies, cloud computing firms, as also companies in the e-commerce and fintech s ....

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