Mutual FundsBalanced Funds Adjusted NAV Investment Objective Expense Ratio Open-ended Fund Floating Rate Funds
Fund of Funds
This type of investment offers diversification and professional management, but also incurs additional fees and expenses.
A Fund of Funds is a type of investment that involves investing in multiple mutual funds, rather than directly in financial instruments such as shares and debts. This approach offers several benefits, including diversification and professional management. However, it's important to note that a Fund of Funds typically incurs additional fees and expenses.
Related terms
Understand the meaning and definition of Balanced Funds in the context of stock market, trading, and investments.
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