T.Rowe Price Funds SICAV-Global Emerging Markets Equity Fund , can we add its units.?

How rewarding/risky you it is. In India a AMC through an ongoing New Fund Offer is giving opportunity to invest in it. Should we take part to enjoy emerging markets.

Yes , if you are allready invested into Indian Markets and are looking for diversification, then investing into other emerging markets makes sense.
According to me , the benifits are as follows.

1) Helps in Risk diversification
2) Emerging markets like Brazil, korea are reletively cheper then Indian Markets ( P/e)
3) Its always a good idea to diversify across economies.

some brief about the Fund

Kotak Global Emerging Market Fund is a 3 yr closed ended equity scheme. The scheme will invest in T Rowe Price Funds SICAV - Global Emerging Markets Equity Fund, which is rated 5-Star by Morning Star and which invests in equity and equity related investments of companies established in or conducting a significant proportion of their business activities in the economically emerging countries of Latin America, Asia, Europe, Africa & Middle East.

TRowe Price as an investment management company has a legacy of over 7 decades. The AUM of the entire TRowe Price group is around $350 bn. It has to its credit 16 analysts (total from 2001 to 2006) selected as 鈥淏est of Buy Side鈥?by Institutional Investor *. The T Rowe Price Global Emerging Market Fund - SICAV (TRPGEMF) was incepted in Feb 2002 in Luxembourg thus having a track record of over 5 yrs

Do let me know for any more information
Regards
Bhavik