+91-22-489139097 Best Fund of Funds in India 2026
fund of funds is one of the best Mutual Funds for investors whose investment amounts are not too large and it is easier to manage one fund (a fund of funds) rather than a number of Mutual Funds. In this form of mutual fund investment strategy, investors get to hold a number of funds under the umbrella of a single fund, hence the name funds of funds.
Often going by the name of multi-manager investment; it is considered as one of the mutual fund categories. One of the key advantages of multi-manager investments is that at a lower ticket size, the investor can diversify themselves across a gamut of mutual fund schemes. So let us go through the numerous aspects of fund of funds like why to invest in a fund of funds, advantages of fund of funds, fund of funds in India, the performance of fund of funds, and other important aspects.
What are Fund of Funds?
In simple words, a Mutual Fund Investing its collected pool of money in another mutual fund (one or maybe more) is referred to as fund of funds. Investors in their portfolios take exposure to different funds and keep track of them separately. However, by Investing in multi-manager mutual funds this process gets more simplified as investors need to track only one fund, which in turn holds numerous mutual funds within it. Assume an individual has invested in 10 different funds having exposure in various financial assets like stocks, Bonds, government securities, gold, etc. However, he finds it difficult in managing those funds as he needs to keep a track of each fund separately. Therefore, to avoid such hassles, the investor invests money in a multi-management investment (or a single funds of funds strategy) which has its stakes in different Mutual Funds.
What are the Types of Fund of Funds?
1. Asset allocation funds
These funds consist of a diverse asset pool – with securities comprising of equity, debt instruments, precious metals, etc. This allows Asset Allocation funds to generate high returns through the best performing instrument, at a reduced risk level guaranteed by the relatively stable securities present in the Portfolio.
2. Gold funds
Investing in different Mutual Funds, primarily trading in gold securities are gold funds. Fund of funds belonging to this category can have a portfolio of Mutual Funds or the gold trading companies themselves, depending upon the concerned asset management company.
3. International fund of funds
Mutual Funds operating in foreign countries are targeted by the international fund of funds. This allows investors to potentially yield higher returns through the best-performing stocks and bonds of the respective country.
4. Multi-manager fund of funds
This is the most common type of fund of funds Mutual Funds available in the market. The asset base of such a fund comprises of various professionally managed Mutual Funds, all of which have a different portfolio concentration. A multi-manager fund of funds usually has multiple portfolio managers, each dealing with a specific asset present in the Mutual Fund.
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5. ETF Fund of Funds
Fund of funds comprising Exchange Traded Fund in their portfolio is a popular investment tool in the country. Investing in an ETF through fund of funds is more accessible than a direct investment in this instrument. This is because ETFs require the a Demat Trading Account while investing in ETF fund of funds have no such limitations.
However, ETFs have a slightly higher risk factor associated with them as they are traded like shares in the stock market, making these fund of funds more susceptible to the Volatility of the market.
Who should Invest in Fund of Funds?
The main aim of the top fund of funds is to maximise returns by investing in a varied portfolio posing minimal risk. Individuals with access to a small pool of financial resources which they can spare for a more extended period of time can choose such a Mutual Fund. Since the portfolio of such funds consists of varying Types of Mutual Funds, it ensures access to high-value funds as well.
Ideally, investors with relatively fewer resources and low liquidity needs can choose to invest in the top fund of funds available in the market. This enables them to earn maximum returns at minimal risk.
Advantages of Investing in Fund of Funds
There are various benefits of investing in a fund of funds Mutual Fund –
1. Diversification
Fund of funds target various Best Performing Mutual Funds in the market, each specialising in a particular asset or sector of fund. This ensures gains through diversification, as both returns and risks are optimised due to underlying portfolio variety.
2. Professionally trained managers
Fund of funds is managed by highly trained people with years of experience. Proper analysis and calculated market predictions made by such portfolio managers ensure high yields through intricate investment strategies.
3. Low resource requirements
An individual with limited financial resources can easily invest in the top fund of funds available to earn higher profits. Monthly investment schemes can also be availed while choosing a fund of funds to invest in.
Limitations of Fund of Funds
1. Expense ratio
Expense ratios to manage a fund of funds Mutual Funds are higher than standard Mutual Funds, as it has a higher managing expense. Added expenses include primarily choosing the right asset to invest in, which keeps on fluctuating periodically.
2. Tax
Tax levied on a fund of funds are payable by an investor, only during redemption of the principal amount. However, during recovery, both short-term and long-term Capital Gains are subjected to tax deductions, depending upon the annual income of the investor and the time period of investment.
Fund Selection Methodology used to find 7 funds
Best Performing Fund of Funds to Invest 2026
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2025 (%) PGIM India Euro Equity Fund Growth ₹23.53
↓ -0.63 ₹1,490 18.7 25.4 41.7 27.5 2.8 18.3 PGIM India Global Agribusiness Offshore Fund Growth ₹52.44
↓ -1.00 ₹1,797 21.4 12.3 20 17.6 7.3 7.9 IDBI Nifty Index Fund Growth ₹36.2111
↓ -0.02 ₹208 9.1 11.9 16.2 20.3 11.7 Kotak Asset Allocator Fund - FOF Growth ₹255.395
↑ 1.81 ₹2,502 6.5 -1 8 16 15.4 15.4 ICICI Prudential Advisor Series - Hybrid Fund Growth ₹66.5626
↑ 0.02 ₹2,946 2.5 3.5 6.5 10.1 9.5 6.6 IDBI Nifty Junior Index Fund Growth ₹53.7295
↓ -0.11 ₹106 16.9 3 6.1 17.9 13.4 2 ICICI Prudential Advisor Series - Debt Management Fund Growth ₹47.8128
↑ 0.01 ₹106 3.8 3.4 6 7.6 6.5 7.6 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 2 Jul 26 Research Highlights & Commentary of 7 Funds showcased
Commentary PGIM India Euro Equity Fund PGIM India Global Agribusiness Offshore Fund IDBI Nifty Index Fund Kotak Asset Allocator Fund - FOF ICICI Prudential Advisor Series - Hybrid Fund IDBI Nifty Junior Index Fund ICICI Prudential Advisor Series - Debt Management Fund Point 1 Lower mid AUM (₹1,490 Cr). Upper mid AUM (₹1,797 Cr). Lower mid AUM (₹208 Cr). Upper mid AUM (₹2,502 Cr). Highest AUM (₹2,946 Cr). Bottom quartile AUM (₹106 Cr). Bottom quartile AUM (₹106 Cr). Point 2 Established history (18+ yrs). Established history (16+ yrs). Established history (16+ yrs). Established history (21+ yrs). Oldest track record among peers (22 yrs). Established history (15+ yrs). Established history (22+ yrs). Point 3 Rating: 2★ (lower mid). Rating: 1★ (bottom quartile). Rating: 1★ (bottom quartile). Rating: 4★ (upper mid). Rating: 3★ (lower mid). Top rated. Rating: 4★ (upper mid). Point 4 Risk profile: High. Risk profile: High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderate. Point 5 5Y return: 2.76% (bottom quartile). 5Y return: 7.34% (lower mid). 5Y return: 11.74% (upper mid). 5Y return: 15.36% (top quartile). 5Y return: 9.46% (lower mid). 5Y return: 13.37% (upper mid). 5Y return: 6.54% (bottom quartile). Point 6 3Y return: 27.47% (top quartile). 3Y return: 17.62% (lower mid). 3Y return: 20.28% (upper mid). 3Y return: 16.00% (lower mid). 3Y return: 10.10% (bottom quartile). 3Y return: 17.93% (upper mid). 3Y return: 7.57% (bottom quartile). Point 7 1Y return: 41.66% (top quartile). 1Y return: 20.03% (upper mid). 1Y return: 16.16% (upper mid). 1Y return: 7.98% (lower mid). 1Y return: 6.47% (lower mid). 1Y return: 6.11% (bottom quartile). 1Y return: 5.96% (bottom quartile). Point 8 1M return: -5.80% (bottom quartile). 1M return: -2.98% (bottom quartile). 1M return: 3.68% (upper mid). 1M return: 1.10% (lower mid). 1M return: 1.69% (lower mid). 1M return: 3.79% (top quartile). 1M return: 2.42% (upper mid). Point 9 Alpha: -12.65 (bottom quartile). Alpha: -30.16 (bottom quartile). Alpha: -1.03 (lower mid). Alpha: 0.00 (top quartile). Alpha: 0.00 (upper mid). Alpha: -0.76 (lower mid). Alpha: 0.00 (upper mid). Point 10 Sharpe: 1.75 (top quartile). Sharpe: 1.03 (upper mid). Sharpe: 1.04 (upper mid). Sharpe: 0.35 (lower mid). Sharpe: -0.55 (bottom quartile). Sharpe: 0.15 (lower mid). Sharpe: -0.93 (bottom quartile). PGIM India Euro Equity Fund
PGIM India Global Agribusiness Offshore Fund
IDBI Nifty Index Fund
Kotak Asset Allocator Fund - FOF
ICICI Prudential Advisor Series - Hybrid Fund
IDBI Nifty Junior Index Fund
ICICI Prudential Advisor Series - Debt Management Fund
*List of Funds based on Assets >= 50 Crore & Sorted based on 1 year Return.
(Erstwhile DHFL Pramerica Top Euroland Offshore Fund) The primary investment objective of the scheme is to generate long-term capital growth from a diversified portfolio of units of overseas mutual funds. Below is the key information for PGIM India Euro Equity Fund Returns up to 1 year are on The primary investment objective of the scheme is to generate long-term capital growth by investing predominantly in units of overseas mutual funds, focusing on
agriculture and/or would be direct and indirect beneficiaries of the anticipated growth in the agriculture and/or affiliated/allied sectors. Research Highlights for PGIM India Global Agribusiness Offshore Fund Below is the key information for PGIM India Global Agribusiness Offshore Fund Returns up to 1 year are on The investment objective of the scheme is to invest in the stocks and equity related instruments comprising the S&P CNX Nifty Index in the same weights as these stocks represented in the Index with the intent to replicate the performance of the Total Returns Index of S&P CNX Nifty index. The scheme will adopt a passive investment strategy and will seek to achieve the investment objective by minimizing the tracking error between the S&P CNX Nifty index (Total Returns Index) and the scheme. Research Highlights for IDBI Nifty Index Fund Below is the key information for IDBI Nifty Index Fund Returns up to 1 year are on The investment objective of the scheme is to generate long-term capital appreciation from a portfolio created by investing in
specified open-ended equity, and debt schemes of Kotak Mahindra Mutual Fund. However, there is no assurance that the investment objective of the Scheme will be realized Research Highlights for Kotak Asset Allocator Fund - FOF Below is the key information for Kotak Asset Allocator Fund - FOF Returns up to 1 year are on (Erstwhile ICICI Prudential Advisor Series - Cautious Plan) The primary investment objective of this Plan is to seek to generate regular income primarily through investments in the schemes of domestic or offshore Mutual Fund(s) having asset allocation: • Primarily to fixed income securities • To a lesser extent (maximum 35%) in equity and equity related securities so as to generate long-term capital appreciation. However, there can be no assurance that the investment objectives of the Plan/s will be realized. Research Highlights for ICICI Prudential Advisor Series - Hybrid Fund Below is the key information for ICICI Prudential Advisor Series - Hybrid Fund Returns up to 1 year are on The investment objective of the scheme is to invest in the stocks and equity related instruments comprising the CNX Nifty Junior Index in the same weights as these stocks represented in the Index with the intent to replicate the performance of the Total Returns Index of CNX Nifty Junior Index. The scheme will adopt a passive investment strategy and will seek to achieve the investment objective by minimizing the tracking error between the CNX Nifty Junior Index (Total Returns Index) and the scheme. Research Highlights for IDBI Nifty Junior Index Fund Below is the key information for IDBI Nifty Junior Index Fund Returns up to 1 year are on (Erstwhile ICICI Prudential Advisor Series - Dynamic Accrual Plan) The primary investment objective of this Plan is to seek to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made primarily in the schemes of domestic or offshore Mutual Fund(s) having asset allocation to: • Money market and debt securities. This Plan may be considered to be ideal for investors having a low risk appetite and a shorter duration of investment. However, there can be no assurance that the investment objectives of the Plan/s will be realized. Research Highlights for ICICI Prudential Advisor Series - Debt Management Fund Below is the key information for ICICI Prudential Advisor Series - Debt Management Fund Returns up to 1 year are on 1. PGIM India Euro Equity Fund
PGIM India Euro Equity Fund
Growth Launch Date 11 Sep 07 NAV (02 Jul 26) ₹23.53 ↓ -0.63 (-2.61 %) Net Assets (Cr) ₹1,490 on 31 May 26 Category Others - Fund of Fund AMC Pramerica Asset Managers Private Limited Rating ☆☆ Risk High Expense Ratio 1.63 Sharpe Ratio 1.75 Information Ratio 0.08 Alpha Ratio -12.65 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Jun 21 ₹10,000 30 Jun 22 ₹6,015 30 Jun 23 ₹5,501 30 Jun 24 ₹7,036 30 Jun 25 ₹8,039 30 Jun 26 ₹11,695 Returns for PGIM India Euro Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Jul 26 Duration Returns 1 Month -5.8% 3 Month 18.7% 6 Month 25.4% 1 Year 41.7% 3 Year 27.5% 5 Year 2.8% 10 Year 15 Year Since launch 4.7% Historical performance (Yearly) on absolute basis
Year Returns 2025 18.3% 2024 20.6% 2023 14.6% 2022 -35.6% 2021 -1.9% 2020 20.5% 2019 21.4% 2018 -10.3% 2017 14.6% 2016 -6.7% Fund Manager information for PGIM India Euro Equity Fund
Name Since Tenure Anandha Padmanabhan Anjeneyan 15 Feb 25 1.29 Yr. Vivek Sharma 15 Feb 25 1.29 Yr. Data below for PGIM India Euro Equity Fund as on 31 May 26
Asset Allocation
Asset Class Value Cash 4.26% Equity 95.74% Top Securities Holdings / Portfolio
Name Holding Value Quantity PGIM Jennison Emerging Mkts Eq USD W Acc
Investment Fund | -99% ₹1,369 Cr 954,323
↓ -3,235 Clearing Corporation Of India Ltd.
CBLO/Reverse Repo | -1% ₹20 Cr Net Receivables / (Payables)
Net Current Assets | -0% ₹1 Cr 2. PGIM India Global Agribusiness Offshore Fund
PGIM India Global Agribusiness Offshore Fund
Growth Launch Date 14 May 10 NAV (02 Jul 26) ₹52.44 ↓ -1.00 (-1.87 %) Net Assets (Cr) ₹1,797 on 31 May 26 Category Others - Fund of Fund AMC Pramerica Asset Managers Private Limited Rating ☆ Risk High Expense Ratio 1.56 Sharpe Ratio 1.03 Information Ratio -0.71 Alpha Ratio -30.16 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Jun 21 ₹10,000 30 Jun 22 ₹6,666 30 Jun 23 ₹8,708 30 Jun 24 ₹11,327 30 Jun 25 ₹11,932 30 Jun 26 ₹14,891 Returns for PGIM India Global Agribusiness Offshore Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Jul 26 Duration Returns 1 Month -3% 3 Month 21.4% 6 Month 12.3% 1 Year 20% 3 Year 17.6% 5 Year 7.3% 10 Year 15 Year Since launch 10.8% Historical performance (Yearly) on absolute basis
Year Returns 2025 7.9% 2024 24% 2023 39.5% 2022 -33.8% 2021 7% 2020 72.4% 2019 30.9% 2018 0.3% 2017 11.9% 2016 0.8% Fund Manager information for PGIM India Global Agribusiness Offshore Fund
Name Since Tenure Anandha Padmanabhan Anjeneyan 15 Feb 25 1.29 Yr. Vivek Sharma 15 Feb 25 1.29 Yr. Data below for PGIM India Global Agribusiness Offshore Fund as on 31 May 26
Asset Allocation
Asset Class Value Cash 7.44% Equity 92.56% Top Securities Holdings / Portfolio
Name Holding Value Quantity PGIM Jennison Global Eq Opps USD I Acc
Investment Fund | -98% ₹1,666 Cr 518,221 Clearing Corporation Of India Ltd.
CBLO/Reverse Repo | -2% ₹30 Cr Net Receivables / (Payables)
Net Current Assets | -0% -₹2 Cr 3. IDBI Nifty Index Fund
IDBI Nifty Index Fund
Growth Launch Date 25 Jun 10 NAV (28 Jul 23) ₹36.2111 ↓ -0.02 (-0.06 %) Net Assets (Cr) ₹208 on 30 Jun 23 Category Others - Index Fund AMC IDBI Asset Management Limited Rating ☆ Risk Moderately High Expense Ratio 0.9 Sharpe Ratio 1.04 Information Ratio -3.93 Alpha Ratio -1.03 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 30 Jun 21 ₹10,000 30 Jun 22 ₹10,081 30 Jun 23 ₹12,264 Returns for IDBI Nifty Index Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Jul 26 Duration Returns 1 Month 3.7% 3 Month 9.1% 6 Month 11.9% 1 Year 16.2% 3 Year 20.3% 5 Year 11.7% 10 Year 15 Year Since launch 10.3% Historical performance (Yearly) on absolute basis
Year Returns 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 Fund Manager information for IDBI Nifty Index Fund
Name Since Tenure Data below for IDBI Nifty Index Fund as on 30 Jun 23
Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 4. Kotak Asset Allocator Fund - FOF
Kotak Asset Allocator Fund - FOF
Growth Launch Date 9 Aug 04 NAV (02 Jul 26) ₹255.395 ↑ 1.81 (0.71 %) Net Assets (Cr) ₹2,502 on 31 May 26 Category Others - Fund of Fund AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1 Sharpe Ratio 0.35 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Jun 21 ₹10,000 30 Jun 22 ₹10,287 30 Jun 23 ₹13,137 30 Jun 24 ₹17,331 30 Jun 25 ₹18,959 30 Jun 26 ₹20,318 Returns for Kotak Asset Allocator Fund - FOF
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Jul 26 Duration Returns 1 Month 1.1% 3 Month 6.5% 6 Month -1% 1 Year 8% 3 Year 16% 5 Year 15.4% 10 Year 15 Year Since launch 16% Historical performance (Yearly) on absolute basis
Year Returns 2025 15.4% 2024 19% 2023 23.4% 2022 11.3% 2021 25% 2020 25% 2019 10.3% 2018 4.4% 2017 13.7% 2016 8.8% Fund Manager information for Kotak Asset Allocator Fund - FOF
Name Since Tenure Abhishek Bisen 15 Nov 21 4.54 Yr. Devender Singhal 9 May 19 7.07 Yr. Data below for Kotak Asset Allocator Fund - FOF as on 31 May 26
Asset Allocation
Asset Class Value Cash 4.76% Equity 67.22% Debt 10.8% Other 17.22% Top Securities Holdings / Portfolio
Name Holding Value Quantity Kotak Silver ETF
- | -10% ₹257 Cr 111,598,737
↑ 41,598,737 Kotak Nifty PSU Bank ETF
- | -9% ₹229 Cr 2,697,000
↑ 200,000 Kotak Infra & Econ Reform Dir Gr
Investment Fund | -9% ₹228 Cr 28,411,378 Kotak Nifty Bank ETF
- | BANKNIFTY18% ₹205 Cr 36,000,000
↑ 36,000,000 Kotak Consumption Dir Gr
Investment Fund | -8% ₹204 Cr 146,659,548 Kotak Manufacture in India Dir Gr
Investment Fund | -8% ₹187 Cr 86,883,716 Kotak Gold ETF
- | -7% ₹169 Cr 13,547,481
↓ -7,900,000 Kotak Active Momentum Direct Gr
Investment Fund | -6% ₹141 Cr 137,321,473 Kotak Gilt Inv Growth - Direct
Investment Fund | -6% ₹137 Cr 12,634,309 Kotak Nifty 50 ETF
- | -5% ₹122 Cr 4,592,500 5. ICICI Prudential Advisor Series - Hybrid Fund
ICICI Prudential Advisor Series - Hybrid Fund
Growth Launch Date 18 Dec 03 NAV (03 Jul 26) ₹66.5626 ↑ 0.02 (0.04 %) Net Assets (Cr) ₹2,946 on 31 May 26 Category Others - Fund of Fund AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 0.54 Sharpe Ratio -0.55 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Months (0.25%),1 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Jun 21 ₹10,000 30 Jun 22 ₹10,400 30 Jun 23 ₹11,781 30 Jun 24 ₹13,585 30 Jun 25 ₹14,768 30 Jun 26 ₹15,714 Returns for ICICI Prudential Advisor Series - Hybrid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Jul 26 Duration Returns 1 Month 1.7% 3 Month 2.5% 6 Month 3.5% 1 Year 6.5% 3 Year 10.1% 5 Year 9.5% 10 Year 15 Year Since launch 8.8% Historical performance (Yearly) on absolute basis
Year Returns 2025 6.6% 2024 12.3% 2023 14.4% 2022 6.7% 2021 10.8% 2020 9.2% 2019 8.6% 2018 6.4% 2017 5.8% 2016 9.6% Fund Manager information for ICICI Prudential Advisor Series - Hybrid Fund
Name Since Tenure Manish Banthia 16 Jun 17 8.96 Yr. Ritesh Lunawat 29 Dec 20 5.42 Yr. Data below for ICICI Prudential Advisor Series - Hybrid Fund as on 31 May 26
Asset Allocation
Asset Class Value Cash 44.91% Debt 55.08% Other 0.14% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Pru Equity Arbitrage Dir Gr
Investment Fund | -38% ₹1,125 Cr 290,289,085 ICICI Pru Corporate Bond Dir Gr
Investment Fund | -34% ₹997 Cr 305,392,121
↑ 91,856,232 ICICI Pru Gilt Dir Gr
Investment Fund | -12% ₹341 Cr 30,099,804
↑ 27,880,884 ICICI Pru Nifty PSU B Pl SDL Dir Gr
Investment Fund | -10% ₹300 Cr 229,271,540 ICICI Pru Floating Interest Dir Gr
Investment Fund | -4% ₹117 Cr 2,390,491 Treps
CBLO/Reverse Repo | -1% ₹37 Cr Net Current Assets
Net Current Assets | -1% ₹31 Cr ICICI Pru Money Market Dir Gr
Investment Fund | -₹0 Cr 00
↓ -13,220,627 6. IDBI Nifty Junior Index Fund
IDBI Nifty Junior Index Fund
Growth Launch Date 20 Sep 10 NAV (03 Jul 26) ₹53.7295 ↓ -0.11 (-0.21 %) Net Assets (Cr) ₹106 on 31 May 26 Category Others - Index Fund AMC IDBI Asset Management Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 0.86 Sharpe Ratio 0.15 Information Ratio -6.97 Alpha Ratio -0.76 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 30 Jun 21 ₹10,000 30 Jun 22 ₹9,521 30 Jun 23 ₹11,387 30 Jun 24 ₹18,511 30 Jun 25 ₹17,834 30 Jun 26 ₹18,584 Returns for IDBI Nifty Junior Index Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Jul 26 Duration Returns 1 Month 3.8% 3 Month 16.9% 6 Month 3% 1 Year 6.1% 3 Year 17.9% 5 Year 13.4% 10 Year 15 Year Since launch 11.2% Historical performance (Yearly) on absolute basis
Year Returns 2025 2% 2024 26.9% 2023 25.7% 2022 0.4% 2021 29.6% 2020 13.7% 2019 0.5% 2018 -9.3% 2017 43.6% 2016 6.9% Fund Manager information for IDBI Nifty Junior Index Fund
Name Since Tenure Nikhil Kapoor 7 Apr 26 0.15 Yr. Data below for IDBI Nifty Junior Index Fund as on 31 May 26
Asset Allocation
Asset Class Value Cash 0.47% Equity 99.53% Top Securities Holdings / Portfolio
Name Holding Value Quantity Adani Power Ltd (Utilities)
Equity, Since 31 Mar 24 | 5330964% ₹4 Cr 174,021
↓ -87 Tata Motors Ltd (Consumer Cyclical)
Equity, Since 31 Mar 26 | TMCV3% ₹4 Cr 86,902
↓ -44 Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 24 | DIVISLAB3% ₹3 Cr 5,345
↓ -04 Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 30 Sep 22 | HAL3% ₹3 Cr 7,973
↓ -04 TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 30 Sep 23 | 5323433% ₹3 Cr 9,868
↓ -06 Tata Power Co Ltd (Utilities)
Equity, Since 31 Aug 22 | 5004003% ₹3 Cr 70,407
↓ -36 Varun Beverages Ltd (Consumer Defensive)
Equity, Since 31 Mar 23 | VBL3% ₹3 Cr 57,515
↓ -29 Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 31 Oct 17 | 5403763% ₹3 Cr 6,193
↓ -03 Britannia Industries Ltd (Consumer Defensive)
Equity, Since 31 Mar 25 | 5008253% ₹3 Cr 4,950
↓ -04 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Sep 21 | CHOLAFIN3% ₹3 Cr 17,996
↓ -10 7. ICICI Prudential Advisor Series - Debt Management Fund
ICICI Prudential Advisor Series - Debt Management Fund
Growth Launch Date 18 Dec 03 NAV (03 Jul 26) ₹47.8128 ↑ 0.01 (0.02 %) Net Assets (Cr) ₹106 on 31 May 26 Category Others - Fund of Fund AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆ Risk Moderate Expense Ratio 0.63 Sharpe Ratio -0.93 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-6 Months (0.5%),6 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Jun 21 ₹10,000 30 Jun 22 ₹10,194 30 Jun 23 ₹11,021 30 Jun 24 ₹11,847 30 Jun 25 ₹12,926 30 Jun 26 ₹13,695 Returns for ICICI Prudential Advisor Series - Debt Management Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Jul 26 Duration Returns 1 Month 2.4% 3 Month 3.8% 6 Month 3.4% 1 Year 6% 3 Year 7.6% 5 Year 6.5% 10 Year 15 Year Since launch 7.2% Historical performance (Yearly) on absolute basis
Year Returns 2025 7.6% 2024 8.1% 2023 7.5% 2022 4% 2021 4.2% 2020 9.7% 2019 8.7% 2018 6.2% 2017 6.5% 2016 11.2% Fund Manager information for ICICI Prudential Advisor Series - Debt Management Fund
Name Since Tenure Manish Banthia 16 Jun 17 8.96 Yr. Ritesh Lunawat 29 Dec 20 5.42 Yr. Data below for ICICI Prudential Advisor Series - Debt Management Fund as on 31 May 26
Asset Allocation
Asset Class Value Cash 7.74% Equity 1.03% Debt 90.97% Other 0.26% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Pru All Seasons Bond Dir Gr
Investment Fund | -41% ₹44 Cr 10,517,131 ICICI Pru Short Term Dir Gr
Investment Fund | -33% ₹35 Cr 5,084,375
↓ -144,847 ICICI Pru Gilt Dir Gr
Investment Fund | -13% ₹14 Cr 1,194,955 ICICI Pru Medium Term Bond Dir Gr
Investment Fund | -11% ₹12 Cr 2,308,862 Treps
CBLO/Reverse Repo | -1% ₹1 Cr Net Current Assets
Net Current Assets | -0% ₹0 Cr
Advantages of Fund of Funds
Like every mutual fund, fund of funds also has numerous advantages. Some of them are:
1. Portfolio Diversification and Fund Allocation
One of the key primary benefits is portfolio diversification. Here, despite investing in one single fund, the investment is made in several mutual fund schemes, where the fund is allocated in an optimal manner with the aim to earn maximum returns at a given level of risk.
2. Gateway for Diversified Assets
Multi-management investment helps retail investors to get access to funds that are not easily available for investments. A single fund of fund can take exposure in turn to Equity Funds, debt funds or even commodity based mutual funds. This ensures diversification for the retail investor by just getting into one Mutual fund.
3. Due Diligence Process
All the funds under this category are expected to follow a due diligence process conducted by the fund manager where they need to check the background and credentials of the underlying fund managers before making an investment to ensure the strategy is in-line with expectations.
4. Less Investment Amount
This is a good option for retail investors who wish to venture into this investment avenue with a lower ticket size.
How Does a Fund of Fund Works?
For understanding the modalities of how multi-manager investment functions, it is important to understand the concepts of fettered and unfettered management. Fettered management is a situation when the mutual fund invests its money in a portfolio containing assets and funds managed by its own company. In other words, the money is invested in the funds of the same asset management company. In contrast, unfettered management is a situation where the mutual fund invests in external funds managed by other Asset Management Companies. Unfettered funds have an advantage over fettered funds as they can exploit opportunities from numerous funds and other schemes instead of limiting themselves to the same family funds.
Why Choose Fund of Funds?
The following image gives clarity on how multi-management investment can help an individual instead of a simple mutual fund to achieve their objectives.
Though multi-management investment has a lot of benefits associated with it, one of the important factors that one needs to be aware of is the fee associated with it. Investors should be aware of any charges or expenses that a mutual fund will attract and make their investments accordingly. Therefore, in a nutshell, it can be concluded fund of funds is an ideal investment option for investors who seek to enjoy a hassle free investment in mutual funds.
How to Invest in FOF Mutual Funds Online?
Open Free Investment Account for Lifetime at Fincash.com.
Complete your Registration and KYC Process
Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!
FAQs
1. What is the most significant advantage of FOFs?
A: The most significant advantage of FOFs is that it diversifies your investment and ensures good returns. If you are planning to diversify your investment portfolio, it is good to invest in FOFs. It reduces your risk and ensures that you enjoy good returns on your investments.
2. What are the different types of FOFs?
A: There are five different types of FOFs, and these are as follows:
- Asset Allocation funds
- Gold funds
- International FOFs
- ETF FOFs
- Multi-manager FOFs
Each of the FOF has unique features. For example, in gold funds you will invest in gold ETF and in multi-managers FOFs you will invest in different types of mutual funds.
3. What are the parameters to consider while investing in FOFs?
A: FOFs are mutual funds, hence, when you invest you should consider your risk taking capacity and the amount of money you want to invest. The percentage of returns you expect in the given time will give you an idea of your capacity to take risks. Based on that, you should evaluate the money you want to invest. Your financial condition should also help you decide how much money you should invest in FOFs.
Once you have assessed these two factors, select a particular FOF and start investing.
4. Which FOF has shown the best returns?
A: Gold FOFs are considered one of the most secure investments. These are like gold ETFs, and when you invest in gold FOF, it is like investing in physical gold without the added issues like paying GST, Sales Tax, or wealth tax. This investment is secure as gold price never falls extensively compared to the market and hence, produces good returns. Thus, often gold FOF is considered one of the best and safest investments.
5. Is there any commonest FOFs?
A: The Exchange Traded Funds or the ETFs are the most popular FOFs as investing in these funds is the easiest. All you need to do is open a Demat account to trade in ETFs, and there are no limitations as to the amount of money you can invest in ETFs.
6. What is one of the most critical limitations of FOF?
A: It is taxable. As an investor, you will have to pay tax on the principal amount when you redeem your investment. If you invest in FOF for the short-term, you will have to pay taxes on the principal and the returns. However, dividend earned is not taxable as the fund house bears the taxes.
7. Do FOFs have a long lock-in period?
A: Different FOFs have different investment periods. However, if you want to earn maximum returns, you must invest in FOFs for a reasonably long time.
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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