Emerging market funds can offer diversification with high returns

Mumbai: Domestic investors looking to diversify their portfolios to Emerging Markets other than India could consider the funds offered by Edelweiss Mutual and PGIM Mutual, said investment advisors. A weak US dollar, near-zero interest rates in developed markets and underperformance vis-a-vis US markets over the last decade are driving global investors towards emerging market equities. Investors could allocate up to 5% of their portfolio to these