A fund of funds (FOF) – also referred to as a multi-manager investment – is an investment strategy in which a fund invests in other types of funds. An FoF can be equity-oriented, debt–oriented or swing between both equity and debt mutual funds. Additionally, some FoFs also invest in gold funds.
Invest in Best Equity Flexi Cap Funds
A fund of funds (FOF) – also referred to as a multi-manager investment – is an investment strategy in which a fund invests in other types of funds. An FoF can be equity-oriented, debt–oriented or swing between both equity and debt mutual funds. Additionally, some FoFs also invest in gold funds.
Fund of Funds is for small investors who do not wish to take too much risk. The diversification of funds helps with reducing the risks to a certain extent.
Investment time horizon of 3-5 years
You can click on the link in Jama.co.in and choose the desired fund. You can also take your free risk profile assessment which then advises you on the percentage asset allocation you should have in. Click on invest button from there and continue to make the investment.
Invest only in direct plans of small cap funds and take the advice of a SEBI Registered Investment advisor to invest in the right funds.