Mutual Funds
What is a Fund of Funds ( FoF ) scheme?
A scheme that invests primarily in other schemes of the same mutual fund or other mutual funds is known as a FoF scheme. An FoF scheme enables the investors to achieve greater diversification through one scheme. It spreads risks across a greater universe.
Advertisement
More from this specialization
- What is an Auction?
- What happens if I do not get my money or share on the due date?
- Is there any difference between investing in a mutual fund and in an initial public offering (IPO) of a company?
- What is the history of Mutual Funds in India and role of SEBI in mutual funds industry?
- If schemes in the same category of different mutual funds are available, should one choose a scheme with lower NAV?
- What is meant by the Secondary Market?