Beginner

Mutual funds provide a convenient investment option to investors, enabling them to avail professional fund management. With a wide range of  mutual fund schemes  available for the investors to invest in, it becomes easier for them to balance the portfolio to suit their risk profile and financial goals. One may conveniently access the websites of the mutual funds and make investments paperless using digital platforms.

Investors may find themselves surrounded by various mutual fund scheme to invest in, spreading across different asset classes and scheme categories. If you are looking for an answer on ‘how to pick the right mutual fund,’ there cannot be a straightforward answer for selecting the right mutual fund scheme. 

Fund of Funds Meaning: What is a Fund of Funds?

As the name suggests, a Fund of Funds (FoF) is a mutual fund scheme that creates an investment portfolio comprising units of other mutual fund schemes. FoFs may also provide access to investment options that are not directly available to the investors under mutual funds without Demat accounts, like Exchange Traded Funds (ETFs). Schemes under an FoF are chosen as per their suitability to the investment objective of the FoF.

On 15th August 2021, India will celebrate its 75th Independence Day. Millions of freedom fighters lost their lives in this endeavour of unshackling India from British rule. As the country prepares to celebrate this milestone, it could also be an excellent opportunity for us to focus on independence on a more personal level, especially for matters related to our financial life. 

Why not commemorate India's 75th Independence Day this 15th August by taking concrete steps towards attaining the financial freedom that you've always dreamt of? But what is financial freedom? 

The brother-sister relationship is one of the sweetest in the world. Raksha Bandhan, an age-old festival, celebrates this divine and precious bond. A sister ties Rakhi on her brother's wrist to remind him about his responsibility to protect her. The brother, in turn, swears to protect her under all circumstances and by all means.

Starting your own business may call for some initial seed capital apart from your time and focus on the venture. When one plans to start a business, it is always helpful to have some accumulated savings.

Flexible Investment Horizon