Global funds invest in mutual funds/Exchange-traded funds which invests in companies that have footprints across the world
One should not choose between the two, rather investors should make both active and passive funds a part of the portfolio.
A particular FoF may invest in schemes managed by the same fund house or by another fund house
US equities can be an excellent option to an investor's portfolio due to their low correlation to Indian equities
The new fund offer will open from 8th July and will close on 22 July 2021