Top 5 global funds gain up to 87% in just a year. Do you own any?

In the present era, many investors are aiming to expand their investment portfolios by incorporating global mutual funds. With the help of the ET Mutual Fund Screener, ET Markets has identified the top five global mutual funds that have generated returns of about 48-87% in only one year.

Global equity funds are those that invest in the stocks of foreign companies. These overseas funds could be the country funds that invest in the economy of a specific country like the US or the regional funds that invest in companies from a specific geographical region anywhere in the world. Furthermore, these funds can take the form of global sector funds, which invest in companies worldwide within a specific sector, or sector-agnostic funds, which offer geographical diversification by investing across various sectors. Top global funds are those that deliver higher returns within the international funds category. Here are the top global funds.

Mirae Asset NYSE FANG+ ETF FoF Direct – Growth

In the last 1 year, the fund has generated a return of 87.40%, with its current NAV at Rs 17.76 and an expense ratio of 0.04%. As of January 31, 2024, the fund holds assets under management (AUM) totalling Rs 1,265.34 crore.

Edelweiss US Technology Equity FoF Direct – Growth

In the last 1 year, the fund has generated a return of 59.46%, with its current NAV at Rs 23.46 and an expense ratio of 0.67%. As of January 31, 2024, the fund holds assets under management (AUM) totalling Rs 2,143.58 crore.

Navi NASDAQ 100 FoF Direct – Growth

In the last 1 year, the fund has generated a return of 49.66%, with its current NAV at Rs 13.25 and an expense ratio of 0.13%. As of January 31, 2024, the fund holds assets under management (AUM) totalling Rs 839.07 crore.

Kotak Nasdaq 100 FOF Direct – Growth

In the last 1 year, the fund has generated a return of 48.93%, with its current NAV at Rs 15.11 and an expense ratio of 0.29%. As of January 31, 2024, the fund holds assets under management (AUM) totalling Rs 2,899.98 crore.

Aditya Birla Sun Life NASDAQ 100 FOF Direct – Growth

In the last 1 year, the fund has generated a return of 48.32%, with its current NAV at Rs 12.24 and an expense ratio of 0.33%. As of January 31, 2024, the fund holds assets under management (AUM) totalling Rs 347.14 crore.