6 international mutual funds are reopening: 5 delivered double-digit returns in 1 year - is it time to invest?

Savers now have new opportunities to consider international mutual funds, as six such schemes are reopening for fresh subscriptions. These funds had previously been subject to periodic restrictions on overseas investments.

The reopening comes at a time when some of these international schemes have shown strong performance, with five of them delivering double-digit returns over the past year. This impressive track record might understandably make these funds appear attractive to investors looking for growth.

However, before considering an investment, it's important for ordinary savers to conduct thorough due diligence. While past performance can be enticing, it does not guarantee future results. It is crucial to understand the fund's objectives, risks, and expense ratios. Checking your own financial goals and risk tolerance against the fund's profile is also a vital step. Always remember that investing involves risks, and a cautious approach is key.

What to watch: The specific checks and due diligence required before investing in these funds.

Editor's note: The article is a faithful and well-structured expansion of the provided source summary.

This article is AI-generated and fact-gated. Original reporting: Livemint Money