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Get more return by investing in Mutual Fund’s ‘Fund of Funds’ category

 

Get more return by investing in Mutual Fund’s ‘Fund of Funds’ category



If you are planning to invest in a mutual fund scheme but are afraid of the risk involved in it, then you can reduce the risk by diversifying the portfolio. Risk can also be reduced to a large extent through fund of funds. It is a category of mutual funds. Such that schemes invest money in another mutual fund AMC schemes. Investors who want to diversify their portfolios to reduce risk can invest in FoF scheme. Today we are telling you about the Fund of Funds category of mutual funds.

 

What are 'Funds of Funds'? Funds of funds are schemes of mutual funds that invest in other mutual funds schemes. But FoF is not limited to index funds and exchange-traded funds (ETFs). By investing in multiple schemes, the Fund of Fund can give to an investor a broad exposure to multiple market segments or strategies and is also likely to yield better returns.

 

Understand from the example, if the fund manager wants to invest in gold, then he will invest money in gold scheme investing in gold, the fund manager can invest in whatever scheme he wants to invest. It means that the Fund of Funds is schemes of mutual funds that invest in other AMC mutual funds schemes. They are not obliged to invest in any one mutual fund's scheme. Fund of funds does not hold any shares or bonds of the company, fund of funds hold units of other mutual fund schemes. A fund of funds can invest in several schemes of its own fund house or another fund house.

 

How many ways are 'Funds of Funds'? Funds of funds can be of three types. One who invests in equity. Others who invest in debt funds. Third, those who invest in international markets. These three types cover almost all asset classes.

 

For whom is this scheme beneficial? That investor who wants to diversify their portfolio with less money invested in mutual funds would be right to invest in it. Apart from this, it is also suitable for those who do not know much about mutual funds, because a world-class fund manager handles your money in it. This also reduces your risk.

 

These 'Funds of Funds' gave good returns


Name of Fund

Return in 1 year (%)

Return in 3 years (%)

Return in 5 years (%)

DSP US Flexible Equity

17.15

13.82

12.40

Quantum Equity FoF

15.67

9.04

8.36

Nippon India Gold Saving

23.02

11.10

8.13

Franklin India Life Stage FoF

7.64

6.81

7.60

IDFC Asset Allocation FoF

11.92

7.52

7.49


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