Fund of funds Mutual Funds invest in other schemes of Mutual Fund, each specializing in their way of investing in a particular asset or a sector. A Fund of Funds Mutual Fund can have different funds of the same asset class such as Equity or can have funds investing in other asset classes such as debt … Read more
The meaning of a fund of funds (FOF) is a type of Mutual Fund scheme that invests in other mutual fund schemes. The fund of funds aims to achieve diversification and appropriate asset mix in a variety of fund categories. Fund of Funds comprises a mutual fund scheme with different underlying schemes of other funds. … Read more
Typically, the process of selecting mutual funds to invest in can be cumbersome due to the variety of options and the lack knowledge / research methods. On one end, investors preferring DIY (Do-it-yourself) can do the whole process of shortlisting mutual funds to invest depending on their personal risk profile, goal and time duration. In … Read more