New Fund Offer opened on September 28 and closes on October 12, 2021
The NFO opens on September 24, 2021, and will close on September 30, 2021
A particular FoF may invest in schemes managed by the same fund house or by another fund house
HDFC Developed World Indexes Fund of Funds aims to invest in 23 developed markets
Fund of Funds creates a solution for those investors who cannot decide which mutual fund is right for them.
Kavitha Krishnan, Senior Analyst Manager Research, Morningstar India, said expenses are closely regulated by Sebi when it comes to FoF structures
US equities can be an excellent option to an investor's portfolio due to their low correlation to Indian equities
With the launch of Axis Global Innovation FoF, investors will have a new option to invest in foreign markets