International mutual funds rally up to 12% in one month. Time to go global?

International mutual funds surged up to 12% in a month, outperforming all domestic equity categories. Driven by geopolitical developments and global market rallies, top schemes delivered up to 29.5%. Experts caution against chasing short-term gains, advising only a 5–10% allocation for global diversification, stressing India's strong long-term growth and better risk-adjusted returns.