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Want to diversify your portfolio to other emerging markets? Here's where you can invest
For most domestic investors, the local stock market has been a proxy for emerging market investing.
Synopsis
“A weak dollar coupled with low interest rates globally will drive a lot of money to emerging markets,” said Radhika Gupta, CEO, Edelweiss Mutual Fund.
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