Indian investors who explored international mutual funds instead of staying limited to domestic equities have seen remarkable gains in the past year. According to ACE Mutual Fund data (as of October 20, 2025), the top 10 international mutual funds delivered returns ranging from 32.83% to 71.78% in one year — far higher than the Nifty50’s modest 5.7% gain during the same period.
The stellar performance was driven by technology, artificial intelligence (AI), consumer spending, semiconductors, and natural resources — sectors that saw strong global demand and innovation-led growth.
International funds with stellar performance
| Scheme Name | Return 1 Year (%) | Return 3 Years (%) |
|---|---|---|
| Mirae Asset NYSE FANG+ ETF FoF | 71.78 | 62.72 |
| Invesco India – Invesco Global Consumer Trends FoF* | 52.65 | 30.25 |
| Mirae Asset S&P 500 Top 50 ETF FoF | 49.91 | 36.47 |
| Motilal Oswal Nasdaq 100 FoF | 42.48 | 37.69 |
| Mirae Asset Global X Artificial Intelligence & Technology ETF FoF | 41.04 | 40.81 |
| Nippon India Taiwan Equity Fund | 40.99 | 41.25 |
| Mirae Asset Global Electric & Autonomous Vehicles Equity Passive FoF | 36.23 | 11.84 |
| Edelweiss US Technology Equity FoF | 34.73 | 36.78 |
| ICICI Pru Strategic Metal and Energy Equity FoF | 33.8682 | 19.5176 |
| DSP World Mining Overseas Equity Omni FoF | 32.83 | 19.52 |
Data Source: Moneycontrol / ACE Mutual Fund
Also Read: Mutual Funds Pump ₹23,000 Crore into IPOs in 2025 as Large Issues Lead the Way
Top Performers: Technology and AI Take the Lead
1. Mirae Asset NYSE FANG+ ETF FoF
Leading the pack, the Mirae Asset NYSE FANG+ ETF FoF posted 71.78% one-year returns and 62.72% over three years. This fund benefited immensely from its exposure to global technology giants like Meta, Amazon, Apple, Netflix, and Google, which rebounded sharply over the past year.
2. Invesco India – Invesco Global Consumer Trends FoF
Next in line, the Invesco Global Consumer Trends FoF delivered 52.65% one-year returns and 30.25% over three years. The fund rode the wave of strong global consumer spending, particularly in e-commerce and lifestyle sectors.
3. Mirae Asset S&P 500 Top 50 ETF FoF
This fund gained 49.91% in one year and 36.47% over three years, tracking the largest US companies across multiple sectors — showcasing the resilience of the US equity market amid global uncertainty.
Consistent Performers Across Technology and AI
Motilal Oswal Nasdaq 100 FoF
Focused on tech-heavy US stocks, this fund offered 42.48% one-year returns and 37.69% over three years, benefiting from the surge in AI innovation and digital transformation.
Mirae Asset Global X Artificial Intelligence & Technology ETF FoF
Delivering 41.04% in one year and 40.81% over three years, this fund highlights the continued investor appetite for AI-driven companies and technology leaders shaping the future economy.
Nippon India Taiwan Equity Fund
With 40.99% one-year returns and 41.25% three-year returns, this fund’s performance was powered by semiconductor and electronics industries, as Taiwan remains a key global manufacturing hub.
Diversified Themes: EVs, Metals, and Mining
Mirae Asset Global Electric & Autonomous Vehicles Equity Passive FoF
This fund generated 36.23% returns in one year and 11.84% over three years, reflecting the steady rise of the electric vehicle (EV) industry and related infrastructure investments worldwide.
Edelweiss US Technology Equity FoF
With 34.73% one-year returns and 36.78% over three years, this fund continued to capture the momentum of the US tech sector, particularly in cloud computing and software services.
ICICI Prudential Strategic Metal & Energy Equity FoF
This fund delivered 33.86% one-year returns and 19.52% over three years, capitalizing on the demand for natural resources, energy, and industrial metals as global manufacturing activity accelerated.
DSP World Mining Overseas Equity Omni FoF
Rounding off the list, this fund achieved 32.83% one-year returns and 19.52% over three years, supported by rising commodity prices and increased mining activity across global markets.
Valuation Insights and Future Outlook
According to S. Naren, Chief Investment Officer at ICICI Prudential AMC, global valuations still provide pockets of opportunity. He emphasized that many emerging markets, such as Korea, Brazil, Taiwan, and China, are trading at cheap valuations and have underperformed India over the past decade and a half.
This suggests potential room for growth in global equities, particularly as investors diversify beyond India’s high-valued markets.
Key Takeaways
Top 10 global funds delivered 32.83%–71.78% one-year returns.
Technology, AI, EVs, and consumer spending drove the rally.
Nifty50 returned just 5.7% in comparison.
Emerging markets offer attractive long-term value opportunities.
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