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International funds have been around for long. Value Research says that the oldest fund in existence is Principal Global Opportunities Fund which was launched in 2004. As on date there are 46 funds that come under the category of “International Funds”. For a really long time, International funds did not command any interest. Even today, the total assets under management...
The chart below displays the returns of BSE Sensex vs. S&P 500 of US since 1981 till date (November 7). What is interesting is that since 2003, we have outperformed S&P 500 on every positive occasion and under-performed S&P 500 whenever the year ended in negative territory. I have used the Open and Close to determine the returns. 2013 seems...
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