₹220-crore fund compares to the ₹6.3 lakh crore invested in the India-focused equity mutual funds, suggesting that an India-only investment approach may not have paid off.A few other Indian mutual funds invest in the broader East Asian region, including China.
These are Franklin Asian Equity Fund and HSBC Asia Pacific (ex-Japan) Dividend Yield Fund. The former has delivered 9.08% over the past decade, once again beating the Indian market.
The latter was launched in 2014, and has delivered 7.41% over the past five years, once again higher than 5.41% given by BSE 500 in the same period.The Edelweiss’ fund feeds into JP Morgan Greater China Fund.