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FoFs Domestic Mutual Funds

FoFs are a commonly used term for Funds for Funds. It is a kind of mutual fund that earns its returns from investing in other mutual funds. FoFs have become quite popular recently as you enjoy the benefits of different well-performing mutual funds through a single fund. Different companies manage several FoFs Domestic Funds out there. You can start by investing in one of these funds to get an idea of how it works. View More

Also, FoFs Domestic Funds are used to make investments in hedge funds. Hence, they have gained popularity among seasoned professionals. The risk of a FoFs Domestic Funds depends purely on the fund and the objective with which the fund manager has created the fund. Several portfolios are part of a FoFs Domestic Fund; hence, they come with varying risks.

For instance, if the fund manager wants to maximize the returns from the investment, then they will invest in FoFs and have more mutual funds with high NAV and risk. However, if the fund’s goal is to provide long-term steady returns, low-risk mutual funds will be a part of the FoFs Domestic Fund.

There are several FoFs out there that earn their returns from both international and domestic investments. The choice of the funds that become part of the FoF depends on the fund manager and the asset management company managing the fund.

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FoFs Domestic Mutual Funds List

Filters
logo Mirae Asset NYSE FANG+ ETF Fund of Fund - Dir Growth

42.38%

Fund Size (Cr.) - 1,869

Invest
logo ICICI Pru BHARAT 22 FOF - Direct Growth

5.85%

Fund Size (Cr.) - 1,983

Invest
logo Mirae Asset S&P 500 Top 50 ETF Fund of Fund-DirGrowth

29.06%

Fund Size (Cr.) - 669

Invest
logo Mirae Asset Hang Seng TECH ETF Fund of Fund - Dir Growth

106.88%

Fund Size (Cr.) - 103

Invest
logo ICICI Pru India Equity FOF - Direct Growth

10.06%

Fund Size (Cr.) - 145

Invest
logo LIC MF Gold ETF Fund of Fund - Direct Growth

34.13%

Fund Size (Cr.) - 93

Invest
logo AXIS Gold Fund - Direct Growth

33.40%

Fund Size (Cr.) - 869

Invest
logo SBI Gold Fund - Direct Growth

33.49%

Fund Size (Cr.) - 3,225

Invest
logo Quantum Gold Savings Fund - Direct Growth

34.18%

Fund Size (Cr.) - 168

Invest
logo Kotak Gold Fund - Direct Growth

33.25%

Fund Size (Cr.) - 2,655

Invest
View More

Who Should Invest in FoFs Domestic Funds?

The primary objective of creating a fund of funds is to reap the benefits of several mutual funds at once and maximize the returns. Also, portfolio diversification ensures that the fund’s risk goes down considerably. If you are someone who has a limited amount for investments and wants to make the most out of the amount available, you must invest in FoFs Domestic Funds. View More

These funds are curated in such a way that you get access to high-value funds along with the low-value funds. Therefore, these funds are an ideal investment option for investors who:

Have limited financial resources but are keen on making an investment
Wants to reap the benefits of different kinds of mutual funds at a nominal amount
They are looking forward to diversifying their portfolio
Likes to experiment with their investments
Have a balanced appetite for risk

Popular FoFs Domestic Mutual Funds

  • Min SIP Investment Amt
  • ₹ ₹ 99
  • AUM (Cr.)
  • ₹ 1,869
  • 3Y Return
  • 36.00%

  • Min SIP Investment Amt
  • ₹ ₹ 1000
  • AUM (Cr.)
  • ₹ 1,983
  • 3Y Return
  • 27.72%

  • Min SIP Investment Amt
  • ₹ ₹ 99
  • AUM (Cr.)
  • ₹ 669
  • 3Y Return
  • 20.78%

  • Min SIP Investment Amt
  • ₹ ₹ 99
  • AUM (Cr.)
  • ₹ 103
  • 3Y Return
  • 20.65%

  • Min SIP Investment Amt
  • ₹ ₹ 100
  • AUM (Cr.)
  • ₹ 145
  • 3Y Return
  • 19.30%

  • Min SIP Investment Amt
  • ₹ ₹ 200
  • AUM (Cr.)
  • ₹ 93
  • 3Y Return
  • 19.28%

  • Min SIP Investment Amt
  • ₹ ₹ 100
  • AUM (Cr.)
  • ₹ 869
  • 3Y Return
  • 18.93%

  • Min SIP Investment Amt
  • ₹ ₹ 500
  • AUM (Cr.)
  • ₹ 3,225
  • 3Y Return
  • 18.89%

  • Min SIP Investment Amt
  • ₹ ₹ 500
  • AUM (Cr.)
  • ₹ 168
  • 3Y Return
  • 18.85%

  • Min SIP Investment Amt
  • ₹ ₹ 100
  • AUM (Cr.)
  • ₹ 2,655
  • 3Y Return
  • 18.82%

FAQs

There are a few disadvantages of investing in a FoFs Domestic Fund. Unlike other mutual funds, the expense ratio on FoFs Domestic Funds is quite high. Hence, the cost of investments increases considerably.

Also, you need to pay a 1% expense ratio for all the funds that are a part of a particular FoFs Domestic Fund. Additionally, the returns from the investments in FoFs Domestic Funds are taxable in the hands of the investors. Even the long-term capital gain tax can go up to 20%.

Investors should rebalance their portfolio now and then to ensure they have the right set of investments. Investors can use FoFs Domestic Funds to rebalance their portfolios. When you get into a portfolio rebalancing transaction that involves FoFs, you will not have to pay any taxes on the capital gains.

However, if you sell your investments to buy any different kind of securities, you will have to pay a capital gain tax. Hence, FoFs Domestic Funds allows you to change your portfolio without incurring an additional cost.

International FoF funds are another set of FoFs through which you can invest in securities of several global companies. Hence, you get exposure to several international companies by investing in a singular fund.

Also, the best part about International FoF funds is that you do not have to set up multiple trading accounts for investing in these securities. These investment instruments are ideal for investors looking to diversify portfolios from a global level.

A gold fund is a popular FoFs Mutual Fund where the investors invest in gold via ETFs. 99.5% of the entire amount is invested in pure gold. However, an investor needs to have a Demat account if they are interested in investing in a gold fund of funds. All golf FoFs make investments in gold via the gold ETFs.

If you are a new investor and are unsure which mutual fund to choose, you can go with a fund that provides you exposure to a set of mutual funds. FoFs Domestic Funds can be a good investment point for new investors.

Also, FoFs are great investment tools if you want to invest in any foreign securities. Most funds are created by grouping several funds from the same asset class. Hence, if an investor wants to invest in mutual funds from different asset classes, a FoFs Domestic Fund might not be the best choice.

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