mutual fund schemes

How should investors look at Fund of Funds (FOF)

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Funds of Funds (FOFs) usually invest in other mutual funds. They may be typically required to invest in mutual funds scheme managed by AMC, or invest across other funds or schemes managed by different fund houses. A fund of funds (FOF)—is also termed a multi-manager investment tool as it invests in other funds. In other … Read more

Fund of Funds: How does it work

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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