News From Press What are Fund of Funds, benefits, taxation, types of FoFs in India: Explained

What are Fund of Funds, benefits, taxation, types of FoFs in India: Explained

Source: FE Dec 22, 2021

When you invest in a mutual fund scheme, it is important to make sure whether the fund that you are investing in, is a regular scheme or is it a Fund of Fund (FoF) scheme. In the former, your money is invested directly by the fund manager of the scheme ( unless it is an index fund) while in a FoF, your money is invested in an already existing mutual fund scheme.

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