News From Press Net AUM of overseas FoF up 216% in a year, shows Amfi data

Net AUM of overseas FoF up 216% in a year, shows Amfi data

Source: BS Dec 27, 2021

Fund of Funds (FoFs) that invest in overseas mutual fund (MF) schemes have been gaining popularity over the past year. Net assets under management (AUM) of the category have seen an increase of 216 per cent in a year.

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