The fact that global fund of funds have seen 720 crores of inflows in the last 2 months shows 3 things:

1. Investors don't understand the importance of costs
2. They aren't looking at how the underlying global funds have performed.
3. Performance chasing US returns

These funds for most parts are extremely sun-par choices. They are pricy and in a lot of cases they've underperformed their benchmarks for over a decade. Look under the hood before you donate your money. You have better low-cost choices. Stop being smitten by FANGS.

If these international funds are investing in actively managed funds 9 out of 10 times, they aren't worth it. You don't have to take my word for it. Look at dollar returns or home currency returns of the funds and you'll see what I mean.

I am not even talking about active and passive. It's simply a rational comment about value for money. Costs are the biggest drag on fund performance and costs come from your pocket. Before being smitten by tags like "technology" "US" "Global" etc, LOOK under the hood.