June 30, 2012 10:49 am
The other day, I saw on TV, one Financial Planner advising every one including new comers, to have one International Fund in the core portfolio.
Any comments ?
Dear Dr. Chandrashekhar, I agree with Ashal. You might want to consider what your goals are before choosing an international fund.
For eg. it might make sense to allocate a certain percent of your portfolio to an international fund if that allocations is made to fund a goal of sending your children abroad for education or if you are planning go for a holiday. This will help you hedge against the currency movement.
Im no FX expert but looking at the $/Re exchange rate now i’ll give these funds a pass
Thank You, Ullas for giving your clear cut views.
Dear Dr. MCS, I’m of the opinion of KISS – Keep it simple silly. So instead of advising such blind advice to each & every one, I w’d like to restrict a majority of investors within Indian funds.
Thank You, Ashal– I was also quite surprised at the reco. when I heard it.
Your email address will not be published. Required fields are marked *
Subscribe to FREE Video Course + FREE Ebook + Future Email Updates
This site uses Akismet to reduce spam. Learn how your comment data is processed.
Join 1,60,000 email subscribers
FREE Video Lessons directly in your email daily
144 page PDF ebook with best articles from Jagoinvestor
Get future articles directly on your mailbox + updates
6 PART VIDEO COURSE
You are subscribed for FREE Course now, Check your Email
New here? Create an account