Fund of fund schemes rake in big money after Budget boost
Ease of investing, automatic asset allocation and benefit of long-term capital gains taxation are drawing investors to fund of fund (FoF) schemes again after the budget. Data from AMFI show these schemes saw inflows of ₹1,008 crore in August, as compared to outflows of ₹2,445 crore in 12-month period ending March 31, 2024. An FoF … Read more
