Around 8 funds were launched in 2007 that has a plan to invest abroad. Every amongst them carried out poorly due to the fact foundation. The common presented returns only amounted to 0.1%. When they had been opened, we mentioned that these money are usually not price it.
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Retail Indian traders who imagine that investing in money that obtain foreign property will give greater returns would have lost their confidence in these money soon after a very lengthy wait. A mere 3 to four funds amongst 15 yielded double digit returns.
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