Emerging market funds can offer diversification with high returns

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Mumbai: Domestic investors looking to diversify their portfolios to Emerging Markets other than India could consider the funds offered by Edelweiss Mutual and PGIM Mutual, said investment advisors. A weak US dollar, near-zero interest rates in developed markets and underperformance vis-a-vis US markets over the last decade are driving global investors towards emerging market equities. Investors could allocate up to 5% of their portfolio to these