We all are aware of the benefits of diversification and all of us try and maximize the returns and reduce the risk by maintaining a good mix of stocks, mutual funds, gold, real estate, fixed income and getting it managed professionally.
Talking of global investments, one might argue or question whether it is really required. We are a developing economy, growing at a fast pace. And when there are so many areas to invest across diverse sectors in our country, why look at investing outside your own country just to diversify a bit more? After all, understanding the global markets, evaluating the investment options, the regulatory laws with respect to investments, keeping in mind the currency fluctuations and the tax laws-it is not easy.