A Fund that invests in European Equity is the best performer in short term

Invesco India Pan European Equity Fund – Regular (G) is one fund that is outperforming the Indian equity diversified funds and is a leader amongst the FoF pack of mutual fund schemes that invest in Global equities.

Fund of Fund (FoF) refers to an investment strategy of holding a portfolio of other investment funds vis a vis investing directly in stocks, bonds or other securities. Also known as a multi-manager investment strategy FoFs can be on the higher side when it comes to expense ratio.

Invesco Indian Pan European Equity Fund has been a decent performer with returns clocked in the range of 2.72 per cent over one week and 4.65 per cent returns generated over one month time frame.

Over Six months the fund has generated 8.87 per cent whereas over three months the fund’s performance stands at 7.18 per cent. However the fund’s performance has been flat when analysed over a one year period where the fund has delivered negative 0.55 per cent.

The fund’s objective is to generate capital appreciation by investing predominantly in units of Invesco Pan European Equity Fund, an overseas equity fund, which invests primarily in equity securities of European companies with an emphasis on larger companies.