Telling the wood from the trees | Funds of Funds
Budget 2019 has offered a minor boost to such schemes, but there are drawbacks too.
by Renu Yadav
Aug 23, 2019
2 minutes
Budget 2019 didn't have much for mutual funds. However, a change in one category- fund of funds (FoF) schemes-could end up benefitting investors. FoFs are mutual fund schemes that invest in other mutual funds, including equity and debt. The government has made changes to the taxation of FoF schemes that invest
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