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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 ICICI Pru BHARAT 22 FOF - Direct Growth

20.96%

Fund Size (Cr.) - 2,267

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

87.05%

Fund Size (Cr.) - 1,694

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

66.15%

Fund Size (Cr.) - 643

Invest
logo ICICI Pru India Equity FOF - Direct Growth

26.34%

Fund Size (Cr.) - 150

Invest
logo ICICI Pru Thematic Advantage Fund (FOF)-Dir Growth

25.54%

Fund Size (Cr.) - 2,104

Invest
logo Kotak Multi Asset Allocator FoF - Dynamic - Direct Growth

21.32%

Fund Size (Cr.) - 1,615

Invest
logo Nippon India Asset Allocator FoF - Direct Growth

20.09%

Fund Size (Cr.) - 321

Invest
logo Nippon India Nifty Next 50 Junior BeES FoF-Dir Growth

32.21%

Fund Size (Cr.) - 516

Invest
logo ICICI Pru Passive Strategy Fund (FOF) - Dir Growth

17.43%

Fund Size (Cr.) - 175

Invest
logo ICICI Pru Nifty Alpha Low - Volatility 30 ETF FOF - Direct Growth

20.07%

Fund Size (Cr.) - 865

Invest
View More

Who Should Invest in FoFs Domestic Funds?

Features of FoFs Domestic Funds

Taxability of FoFs Domestic Funds

Risk Involved with FoFs Domestic Funds

Advantages of FoFs Domestic Funds

Who are These Funds Suited For?

Popular FoFs Domestic Mutual Funds

  • Min SIP Investment Amt
  • ₹ ₹ 1000
  • AUM (Cr.)
  • ₹ 2,267
  • 3Y Return
  • 34.63%

  • Min SIP Investment Amt
  • ₹ ₹ 99
  • AUM (Cr.)
  • ₹ 1,694
  • 3Y Return
  • 34.33%

  • Min SIP Investment Amt
  • ₹ ₹ 99
  • AUM (Cr.)
  • ₹ 643
  • 3Y Return
  • 23.46%

  • Min SIP Investment Amt
  • ₹ ₹ 100
  • AUM (Cr.)
  • ₹ 150
  • 3Y Return
  • 22.36%

  • Min SIP Investment Amt
  • ₹ ₹ 1000
  • AUM (Cr.)
  • ₹ 2,104
  • 3Y Return
  • 19.93%

  • Min SIP Investment Amt
  • ₹ ₹ 100
  • AUM (Cr.)
  • ₹ 1,615
  • 3Y Return
  • 19.23%

  • Min SIP Investment Amt
  • ₹ ₹ 100
  • AUM (Cr.)
  • ₹ 321
  • 3Y Return
  • 19.12%

  • Min SIP Investment Amt
  • ₹ ₹ 100
  • AUM (Cr.)
  • ₹ 516
  • 3Y Return
  • 19.04%

  • Min SIP Investment Amt
  • ₹ ₹ 1000
  • AUM (Cr.)
  • ₹ 175
  • 3Y Return
  • 17.18%

  • Min SIP Investment Amt
  • ₹ ₹ 100
  • AUM (Cr.)
  • ₹ 865
  • 3Y Return
  • 17.01%

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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