What is Fund of Funds (FoF)?
Updated: 17 Mar 2022, 10:57 PM IST
TL;DR.A mutual fund that invests in a variety of different mutual funds accessible in the market using its available set of resources is known as fund of funds. This scheme provides a great opportunity to diversify risk by spreading investments across multiple funds to the investors. To know more about its features, go through the article.
FOF is a mutual fund scheme that invests in other mutual funds.