11 Best Passive Income Ideas for 2023
Passive Income is defined as income that you have to put in little or no effort for. Let’s dig a little deeper into what passive income means in simple terms and talk about all the different ways to generate it.
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We’ve made it simple for busy professionals to invest in International Mutual Funds from India. In fact, you can buy a SIP online to invest in the USA, China, Europe, and Japan.
Why not? Let’s go over a few points that you may not have considered, focusing on the advantages of investing in a US fund.
Of the 23,00,000 crores in Mutual Fund assets here in India, only 2,000 are made up of International Mutual Funds. Within this niche, our Mutual Fund Advisor, Wealth First, has selected the top-performing funds that have good AMC (Asset Management Company) comfort, performance track record and stable AUM (Assets Under Management).
We’ve made it accessible for you to buy a SIP online with International Mutual Fund options. Our SuperSIP is perfect for busy professionals. It allows you to change between Indian and International Mutual Funds each month (not to mention our other investment options!) as well as change the amount you invest. You can even snooze or skip investing without penalty too. Speak to your personal wealth coach today to find out more.
Watch our video on how to invest in US Stocks from India
Even the intelligent investor is likely to need considerable willpower to keep from following the crowd. – Benjamin Graham
Ans. International mutual funds are investment vehicles that pool money from investors to invest in a diversified portfolio of assets located outside the investor's home country.
Ans. International mutual funds focus on investments in foreign markets, while domestic funds concentrate on assets within your home country. International funds offer exposure to a broader range of economies, industries, and currencies.
Ans. Yes, international mutual funds can help diversify your currency exposure. They allow you to invest in assets denominated in various currencies, potentially reducing the impact of currency fluctuations on your portfolio. You can consult a Cube Wealth Coach or download the Cube Wealth App.
Ans. Taxation of gains from international mutual funds may vary depending on your country's tax laws. Consult with a tax professional to understand the tax implications of your investments.
Investing in international mutual funds represents a strategic approach to diversifying one's investment portfolio and seizing global opportunities. The globalized world of finance offers access to a wide range of economies, industries, and assets, helping investors spread risk and harness the potential for higher returns. By allocating a portion of your investments to international mutual funds, you can participate in the growth of foreign markets, gain exposure to different currencies, and reduce your reliance on the performance of your domestic market.
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