Global Mutual Funds

5 min read  ·  Last Updated: June 2026

Invest globally without LRS. Buy international mutual funds directly in INR through Indian AMCs — S&P 500, Nasdaq, Europe, Japan, China and more.

✓ INR Investment ✓ No LRS ✓ SIP Available ✓ Domestic AMC

Invest in INR

No foreign remittance required.

No LRS

No wire transfers or TCS.

SIP Friendly

Start monthly investments from ₹500.

Domestic Platforms

Available on Indian MF platforms.

40+ Funds
20+ AMCs
Yes SIP Available
Global Exposure

Compare Global Mutual Funds Available in India

TRACKED FROM MONEYCONTROL & AMFI · LAST UPDATED: JUNE 2026

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Editor's Picks Based on expense ratio, diversification and popularity. Not a recommendation.
Best S&P 500
Motilal Oswal S&P 500
Best Nasdaq
Navi Nasdaq 100 FoF
Best Active
Edelweiss US Tech FoF
Lowest Cost
Mirae NYSE FANG+ FoF
Best Emerging Markets
Edelweiss Emerging Markets
Fund Category AMC
US Index
Invesco EQQQ Nasdaq-100
UCITS Feeder
PASSIVE Invesco
Expense Ratio
0.45%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
UCITS Feeder
Invesco India Nasdaq-100
Direct FoF
PASSIVE Invesco
Expense Ratio
0.48%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
Direct FoF
Motilal Oswal Nasdaq 100
Original Tech Index
PASSIVE Motilal Oswal
Expense Ratio
0.50%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
Original Tech Index
Kotak Nasdaq 100 FoF
iShares Master Fund
PASSIVE Kotak
Expense Ratio
0.32%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
iShares Master Fund
Navi US Total Stock
Vanguard Master Fund
PASSIVE Navi
Expense Ratio
0.06%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
Vanguard Master Fund
Motilal Oswal S&P 500
US Broad Market Index
PASSIVE Motilal Oswal
Expense Ratio
0.58%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
US Broad Market Index
Navi Nasdaq 100 FoF
Low-Cost Tech Index
PASSIVE Navi
Expense Ratio
0.19%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
Low-Cost Tech Index
US Active
Kotak Global Innovation
Wellington Master
ACTIVE Kotak
Expense Ratio
0.82%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
Wellington Master
SBI International Access
Amundi Pioneer
ACTIVE SBI
Expense Ratio
0.94%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
Amundi Pioneer
Bandhan US Equity
JPM US Growth
ACTIVE Bandhan
Expense Ratio
1.15%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
JPM US Growth
Nippon US Equity Opp
Growth/Value Mix
ACTIVE Nippon India
Expense Ratio
0.85%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
Growth/Value Mix
Axis US Equity FoF
Schroder Master
ACTIVE Axis
Expense Ratio
1.12%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
Schroder Master
Franklin US Opportunities
Growth Strategy
ACTIVE Franklin Templeton
Expense Ratio
1.15%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
Growth Strategy
DSP US Flexible Equity
BlackRock Master Fund
ACTIVE DSP
Expense Ratio
0.92%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
BlackRock Master Fund
Nippon India US Equity
Direct Strategy
ACTIVE Nippon India
Expense Ratio
0.85%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
Direct Strategy
ICICI Pru US Bluechip
Large-cap Active
ACTIVE ICICI Prudential
Expense Ratio
0.99%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
Large-cap Active
Nasdaq & Technology
Mirae NYSE FANG+ FoF
Global Tech Giants
ACTIVE Mirae Asset
Expense Ratio
0.03%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
Global Tech Giants
Edelweiss US Tech FoF
Tech Innovation
ACTIVE Edelweiss
Expense Ratio
0.70%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
Tech Innovation
Europe
Invesco Pan European
European Equities
ACTIVE Invesco
Expense Ratio
1.05%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
European Equities
Edelweiss Europe Dynamic
Growth Strategy
ACTIVE Edelweiss
Expense Ratio
1.10%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
Growth Strategy
Baroda BNP Europe Equity
European Focus
ACTIVE Baroda BNP Paribas
Expense Ratio
1.08%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
European Focus
Japan
Nippon Japan Equity
Japan Focus
REGIONAL Nippon India
Expense Ratio
1.18%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
Japan Focus
China
Edelweiss Greater China
JP Morgan Master
REGIONAL Edelweiss
Expense Ratio
0.88%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
JP Morgan Master
Mirae Hang Seng TECH
HK Tech Index
REGIONAL Mirae Asset
Expense Ratio
0.12%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
HK Tech Index
Axis Greater China FoF
China / Hong Kong
REGIONAL Axis
Expense Ratio
0.72%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
China / Hong Kong
Emerging Markets & Asia
Edelweiss ASEAN Equity
SE Asia Focus
ACTIVE Edelweiss
Expense Ratio
0.95%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
SE Asia Focus
Kotak Global Emerging
EM Diversified
ACTIVE Kotak
Expense Ratio
0.88%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
EM Diversified
Edelweiss Emerging Markets
Diversified EM
REGIONAL Edelweiss
Expense Ratio
0.95%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
Diversified EM
Nippon Taiwan Equity
Semiconductor Hub
REGIONAL Nippon India
Expense Ratio
0.86%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
Semiconductor Hub
PGIM Global Equity
Diversified Global
ACTIVE PGIM
Expense Ratio
1.34%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
Diversified Global
Commodity & REIT
DSP World Mining Fund
BlackRock Master
COMMODITY DSP
Expense Ratio
1.22%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
BlackRock Master
DSP World Gold Fund
Mining Stocks
COMMODITY DSP
Expense Ratio
1.12%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
Mining Stocks
Mahindra Asia Pacific REIT
Real Estate
REIT Mahindra Manulife
Expense Ratio
0.92%
1Y Return
See AMC
3Y CAGR
See AMC
Strategy
Real Estate

Frequently Asked Questions

Yes — most open international mutual funds accept SIPs as low as ₹500/month through any Indian platform (Zerodha, Groww, Kuvera, or the AMC directly). The only constraint is whether the specific fund is currently accepting fresh SIP inflows, since several are paused.

The RBI caps the industry-wide amount mutual funds can invest overseas. Once an AMC's scheme nears its allotted limit, it pauses fresh lump-sum and SIP investments until the RBI raises the ceiling or existing investors redeem.

Post-Budget 2024, international equity mutual funds are taxed like other equity-oriented funds: long-term capital gains (24+ months) at 12.5%, and short-term gains at your slab rate. This is more favourable than the debt-fund taxation these funds used to attract.

No. You invest entirely in INR through a domestic AMC, so the Liberalised Remittance Scheme, A2 forms, and TCS on remittance don't apply. The fund itself routes the money overseas internally.

UCITS ETFs bought via IBKR require LRS remittance, fall under the $250,000/year limit, and currently attract debt-style taxation with TCS on outflow. Domestic mutual funds skip all of that, but usually carry a higher expense ratio and are subject to RBI inflow caps.

Motilal Oswal S&P 500 Index Fund is the most direct broad-market tracker on this list. Funds labelled "Nasdaq 100" or "FANG+" track narrower, tech-heavy US indices rather than the full S&P 500.

Yes. AMCs reopen funds once the RBI raises the industry's overseas investment ceiling, or once enough existing investors redeem to free up headroom under the current limit. Reopenings are usually announced with little notice, so it's worth checking back periodically.