Is it a good time to allocate to US focused mutual funds?

International funds which were the toppers in the last one year have started seeing correction in the near term. Many international funds, especially those investing in US equities have fallen to the negative return space in the last one month. Fund managers believe that the correction is a good time to enter these funds and believe that the outlook for US funds remains positive in the long term. Radhika Gupta, MD & CEO, Edelweiss AMC, said