First Published: 28 Dec 2022, 02:41 PM IST
What is Fund of Funds (FoF)?
Updated: 28 Dec 2022, 02:41 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.
annie-spratt-IT6aov1ScW0-unsplash