Fund of Funds (FoF) as the name proposes are schemes that invest in further mutual fund schemes.
The concept is popular in markets where there is the number of mutual fund offerings and choosing a suitable scheme according to one's objective is tough.
Just as a mutual fund system invests in a portfolio of securities such as equity, debt etc, the fundamental investments for a FoF is the units of other mutual fund schemes, either from the same fund family or from other fund houses.
The concept is popular in markets where there is the number of mutual fund offerings and choosing a suitable scheme according to one's objective is tough.
Just as a mutual fund system invests in a portfolio of securities such as equity, debt etc, the fundamental investments for a FoF is the units of other mutual fund schemes, either from the same fund family or from other fund houses.
A blogger who wants to create value to its visitors through blog posts.
No comments:
Post a Comment