Fund of Funds (FoF)
Hello Friends One very interesting Topic for you Retail investor must invest in this who want to Diversify their amount into different Asset class A ‘Fund Of Funds’ (FOF) is an investment strategy of holding a portfolio of other Investment funds rather than investing directly in stocks, bonds or other securities. An FOF Scheme of a primarily invests in the units of another Mutual Fund scheme This type of investing is often referred to as multi-manager investment These schemes offer the investor an opportunity to diversify risk by spreading investments across multiple funds. The underlying investments for a FoF are the units of other mutual fund schemes either from the same mutual fund or other mutual fund houses. Experts believe fund of funds are generally better suited for smaller investors that want to gain access to a range of different asset classes or for those whose advisers do not have the expertise to make single manager recommendations Under current I