Investment word of the day: Fund of funds —what is FoF and how does it work? Types, advantages and more

[ad_1] A Fund of Funds (FoF) allows investors to make a single investment while giving them access to a diversified portfolio across multiple securities. It invests in multiple mutual funds, allowing investors to diversify their portfolios and distribute risks. What is a Fund of Funds? The Association of Mutual Funds in India (AMFI) defines FoF…

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