Investing in global funds will provide diversification, better returns

Dollar assets also make sense if you are planning to settle abroad

With the US markets hitting new highs in the past few days, more investors are getting attracted to these markets.

In May, mutual fund schemes investing in the overseas market gave returns of 3.98 per cent — the highest category average returns, according to the Value Research data.

Says Yogesh Kalwani, head-investments, InCred Wealth Management, “While it is natural to have a home bias while building a portfolio, if you look at the last 10 years, the Indian equity markets have given no returns in dollar terms. In comparison, the top three markets are the US (10 per cent a year), Taiwan