Section

Global mutual funds underperform with just 3% return in 2024. Will they bounce back?

By Economic Times - 4 months ago
In 2024, international mutual funds yielded an average return of 2.74%, underperforming across most categories. Out of 65 funds, only six saw double-digit gains. Mirae Asset funds led in returns, while some, like HSBC Brazil Fund, suffered losses. Experts advise careful diversification and increased cash holdings for investors.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.