• BHAKTI MAKWANA
• 11 Sep, 2021

und of Funds (FoF) investing overseas are mutual fund (MF) schemes that invest in international schemes of mutual funds instead of directly investing in equity or bonds. The latest data by the Association of Mutual Funds in India (AMFI) show a sharp increase in such funds investing in overseas mutual funds. The assets under management (AUM) of Funds investing overseas grew by 643% in the period between March last year to July 2021.
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