At present, 41 of the 76 international schemes are now open for fresh investments. Out of these, almost all funds allow SIP subscriptions, but many have stopped accepting lump-sum investments.
US equity markets have been a preferred destination for Indian fund managers looking to diversify their holdings across borders. Currently, there are 44 such schemes that have allocated up to 30 percent of their assets to overseas equities. They have invested either directly in US stocks or indirectly through the FoF route.
Out of 48 international funds that Indian investors can invest, 12 invest in the US markets. Most of these invest in technology companies listed in the US markets.