About S&P 500 Funds
These mutual funds heavily track the Standard & Poor's 500 index in the USA. They give an Indian investor direct exposure to the largest global corporations. Given that the US dollar generally appreciates against the INR over long periods, holding US assets gives double growth: asset growth + currency appreciation.
Top Benefits
- Global Tech Giants: You passively own massive tech companies that shape the global economy.
- Geographical Diversification: Protects your portfolio if the Indian economy suffers a temporary slump.
- Currency Edge: Historical INR depreciation acts as an extra 3-4% CAGR tailwind.