..., investors and portfolio managers make better investment decisions by diversifying their portfolios based on the understanding of volatility linkage structure across the markets. Originality/value The current study uniquely investigates the volatility transmission between Indian and developed markets...

.../approach The authors test for volatility transmission between the oil prices and the funds in the sample. Later, the authors test to see which fund characteristics impact these volatility interactions. Findings The results show oil price movements lead majority of sample EMFs. The authors also find...