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Table of Contents
- What are Fund of Funds?
- Best Performing Fund of Funds to Invest 2020
- Advantages of Fund of Funds
- How Does a Fund of Fund Works?
- Why Choose Fund of Funds?
- How to Invest in FOF Mutual Funds Online?
Top 7 Others - Fund of Fund Funds
- IDFC Asset Allocation Fund of Funds - Moderate Plan
- Franklin India Life Stage Fund Of Funds - 40s Plan
- IDFC Asset Allocation Fund of Funds - Conservative Plan
- Franklin India Dynamic PE Ratio Fund of Funds
- Franklin India Life Stage Fund Of Funds - 20s Plan
- HDFC Dynamic PE Ratio Fund of Funds
- IDFC Asset Allocation Fund of Funds - Aggressive Plan
7 Best Fund of Funds in India 2020
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.
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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.
Best Performing Fund of Funds to Invest 2020
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2018 (%) IDFC Asset Allocation Fund of Funds - Moderate Plan Growth ₹23.8052
↑ 0.04 ₹32 4.1 5.2 8.7 7.2 7 6.7 Franklin India Life Stage Fund Of Funds - 40s Plan Growth ₹49.3981
↓ -0.02 ₹13 2.1 1.7 5 6.7 6.9 5.7 IDFC Asset Allocation Fund of Funds - Conservative Plan Growth ₹22.4661
↑ 0.02 ₹13 2.7 4.5 8.8 7.1 7.3 8.1 Franklin India Dynamic PE Ratio Fund of Funds Growth ₹85.2881
↓ -0.02 ₹1,047 0.7 1 4.2 7.6 7.1 5.8 Franklin India Life Stage Fund Of Funds - 20s Plan Growth ₹84.6239
↓ -0.12 ₹12 5.5 3 5.4 7.4 6.6 4.1 HDFC Dynamic PE Ratio Fund of Funds Growth ₹19.3451
↑ 0.03 ₹22 4.7 2.4 7.4 7.9 6.8 6 IDFC Asset Allocation Fund of Funds - Aggressive Plan Growth ₹24.0281
↑ 0.06 ₹16 5.7 5.3 7.8 7.2 6.1 4.6 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 17 Jan 20
The primary objective of Scheme is to generate capital appreciation through investment in different Mutual Funds schemes primarily local funds based on a defined asset allocation model. However, there can be no assurance that the investment objective of the scheme will be realized IDFC Asset Allocation Fund of Funds - Moderate Plan is a Others - Fund of Fund fund was launched on 11 Feb 10. It is a fund with Moderately High risk and has given a Below is the key information for IDFC Asset Allocation Fund of Funds - Moderate Plan Returns up to 1 year are on To generate superior risk adjusted returns to investors in line with their chosen asset allocation Franklin India Life Stage Fund Of Funds - 40s Plan is a Others - Fund of Fund fund was launched on 1 Dec 03. It is a fund with Moderately High risk and has given a Below is the key information for Franklin India Life Stage Fund Of Funds - 40s Plan Returns up to 1 year are on The primary objective of Scheme is to generate capital appreciation through investment in different Mutual Funds schemes primarily local funds based on a defined asset allocation model. However, there can be no assurance that the investment objective of the scheme will be realized. IDFC Asset Allocation Fund of Funds - Conservative Plan is a Others - Fund of Fund fund was launched on 11 Feb 10. It is a fund with Moderate risk and has given a Below is the key information for IDFC Asset Allocation Fund of Funds - Conservative Plan Returns up to 1 year are on To provide long term capital appreciation with relatively lower volatility through a dynamically balanced portfolio of equity and income funds Franklin India Dynamic PE Ratio Fund of Funds is a Others - Fund of Fund fund was launched on 31 Oct 03. It is a fund with Moderately High risk and has given a Below is the key information for Franklin India Dynamic PE Ratio Fund of Funds Returns up to 1 year are on To generate superior risk adjusted returns to investors in line with their chosen asset allocation Franklin India Life Stage Fund Of Funds - 20s Plan is a Others - Fund of Fund fund was launched on 1 Dec 03. It is a fund with Moderately High risk and has given a Below is the key information for Franklin India Life Stage Fund Of Funds - 20s Plan Returns up to 1 year are on The Scheme seeks to generate regular income through investments in debt & money market instruments, along with capital appreciation through limited exposure to equity and equity related instruments. HDFC Dynamic PE Ratio Fund of Funds is a Others - Fund of Fund fund was launched on 6 Feb 12. It is a fund with Moderately High risk and has given a Below is the key information for HDFC Dynamic PE Ratio Fund of Funds Returns up to 1 year are on The primary objective of Scheme is to generate capital appreciation through investment in different Mutual Funds schemes primarily local funds based on a defined asset allocation model. However, there can be no assurance that the investment objective of the scheme will be realized. IDFC Asset Allocation Fund of Funds - Aggressive Plan is a Others - Fund of Fund fund was launched on 11 Feb 10. It is a fund with Moderately High risk and has given a Below is the key information for IDFC Asset Allocation Fund of Funds - Aggressive Plan Returns up to 1 year are on 1. IDFC Asset Allocation Fund of Funds - Moderate Plan
CAGR/Annualized return of 9.1% since its launch. Return for 2019 was 6.7% , 2018 was 0.9% and 2017 was 15% . IDFC Asset Allocation Fund of Funds - Moderate Plan
Growth Launch Date 11 Feb 10 NAV (17 Jan 20) ₹23.8052 ↑ 0.04 (0.18 %) Net Assets (Cr) ₹32 on 30 Nov 19 Category Others - Fund of Fund AMC IDFC Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.35 Sharpe Ratio 0.58 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-18 Months (1.5%),18 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 14 ₹10,000 31 Dec 15 ₹10,508 31 Dec 16 ₹11,334 31 Dec 17 ₹13,032 31 Dec 18 ₹13,144 31 Dec 19 ₹14,023 Returns for IDFC Asset Allocation Fund of Funds - Moderate Plan
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Jan 20 Duration Returns 1 Month 2.1% 3 Month 4.1% 6 Month 5.2% 1 Year 8.7% 3 Year 7.2% 5 Year 7% 10 Year 15 Year Since launch 9.1% Historical performance (Yearly) on absolute basis
Year Returns 2018 6.7% 2017 0.9% 2016 15% 2015 7.9% 2014 5.1% 2013 21.6% 2012 5.4% 2011 17.2% 2010 1.4% 2009 Fund Manager information for IDFC Asset Allocation Fund of Funds - Moderate Plan
Name Since Tenure Arpit Kapoor 18 Apr 18 1.7 Yr. Data below for IDFC Asset Allocation Fund of Funds - Moderate Plan as on 30 Nov 19
Asset Allocation
Asset Class Value Cash 26.62% Equity 43.82% Debt 29.55% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity IDFC Low Duration Dir Gr
Investment Fund | -38% ₹12 Cr 4,327,325 IDFC Core Equity Dir Gr
Investment Fund | -13% ₹4 Cr 846,821 IDFC Bond S/T Dir Gr
Investment Fund | -13% ₹4 Cr 961,576 IDFC Sterling Value Dir Gr
Investment Fund | -11% ₹4 Cr 718,076 IDFC Large Cap Dir Gr
Investment Fund | -11% ₹3 Cr 940,234 IDFC Multi Cap Dir Gr
Investment Fund | -10% ₹3 Cr 320,213
↓ -100,554 IDFC Cash Dir Gr
Investment Fund | -3% ₹1 Cr 3,975
↑ 3,189 Triparty Repo
CBLO/Reverse Repo | -1% ₹0 Cr Net Current Assets
Net Current Assets | -0% ₹0 Cr 2. Franklin India Life Stage Fund Of Funds - 40s Plan
CAGR/Annualized return of 10.4% since its launch. Ranked 13 in Fund of Fund category. Return for 2019 was 5.7% , 2018 was 1.8% and 2017 was 15% . Franklin India Life Stage Fund Of Funds - 40s Plan
Growth Launch Date 1 Dec 03 NAV (17 Jan 20) ₹49.3981 ↓ -0.02 (-0.05 %) Net Assets (Cr) ₹13 on 30 Nov 19 Category Others - Fund of Fund AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.93 Sharpe Ratio 0.81 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (0.75%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 14 ₹10,000 31 Dec 15 ₹10,635 31 Dec 16 ₹11,507 31 Dec 17 ₹13,233 31 Dec 18 ₹13,473 31 Dec 19 ₹14,244 Returns for Franklin India Life Stage Fund Of Funds - 40s Plan
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Jan 20 Duration Returns 1 Month 0.1% 3 Month 2.1% 6 Month 1.7% 1 Year 5% 3 Year 6.7% 5 Year 6.9% 10 Year 15 Year Since launch 10.4% Historical performance (Yearly) on absolute basis
Year Returns 2018 5.7% 2017 1.8% 2016 15% 2015 8.2% 2014 6.4% 2013 24.3% 2012 4.4% 2011 17.2% 2010 -2.8% 2009 11.5% Fund Manager information for Franklin India Life Stage Fund Of Funds - 40s Plan
Name Since Tenure Paul Parampreet 1 Mar 18 1.75 Yr. Data below for Franklin India Life Stage Fund Of Funds - 40s Plan as on 30 Nov 19
Asset Allocation
Asset Class Value Cash 0.29% Equity 33.21% Debt 62.42% Other 4.09% Top Securities Holdings / Portfolio
Name Holding Value Quantity Franklin India Dynamic Accrual Dir Gr
Investment Fund | -35% ₹5 Cr 637,782
↑ 8,059 Franklin India Corporate Debt Dir Gr
Investment Fund | -30% ₹4 Cr 543,138
↑ 2,402 Franklin India Bluechip Dir Gr
Investment Fund | -20% ₹3 Cr 54,293
↓ -1,984 Franklin India Prima Dir Gr
Investment Fund | -10% ₹1 Cr 12,916
↓ -324 Templeton India Value Dir Gr
Investment Fund | -5% ₹1 Cr 25,948
↓ -1,503 Call, Cash & Other Assets
Receivables | -0% ₹0 Cr 3. IDFC Asset Allocation Fund of Funds - Conservative Plan
CAGR/Annualized return of 8.5% since its launch. Ranked 20 in Fund of Fund category. Return for 2019 was 8.1% , 2018 was 3% and 2017 was 10.7% . IDFC Asset Allocation Fund of Funds - Conservative Plan
Growth Launch Date 11 Feb 10 NAV (17 Jan 20) ₹22.4661 ↑ 0.02 (0.09 %) Net Assets (Cr) ₹13 on 30 Nov 19 Category Others - Fund of Fund AMC IDFC Asset Management Company Limited Rating ☆☆☆ Risk Moderate Expense Ratio 0.94 Sharpe Ratio 1.63 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-18 Months (1.5%),18 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 14 ₹10,000 31 Dec 15 ₹10,675 31 Dec 16 ₹11,583 31 Dec 17 ₹12,822 31 Dec 18 ₹13,209 31 Dec 19 ₹14,281 Returns for IDFC Asset Allocation Fund of Funds - Conservative Plan
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Jan 20 Duration Returns 1 Month 1.2% 3 Month 2.7% 6 Month 4.5% 1 Year 8.8% 3 Year 7.1% 5 Year 7.3% 10 Year 15 Year Since launch 8.5% Historical performance (Yearly) on absolute basis
Year Returns 2018 8.1% 2017 3% 2016 10.7% 2015 8.5% 2014 6.7% 2013 17.3% 2012 6.8% 2011 13.2% 2010 4% 2009 Fund Manager information for IDFC Asset Allocation Fund of Funds - Conservative Plan
Name Since Tenure Arpit Kapoor 18 Apr 18 1.54 Yr. Data below for IDFC Asset Allocation Fund of Funds - Conservative Plan as on 30 Nov 19
Asset Allocation
Asset Class Value Cash 28.72% Equity 23.77% Debt 47.51% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity IDFC Low Duration Dir Gr
Investment Fund | -44% ₹6 Cr 2,041,558
↓ -106,130 IDFC Bond S/T Dir Gr
Investment Fund | -30% ₹4 Cr 922,479 IDFC Large Cap Dir Gr
Investment Fund | -10% ₹1 Cr 370,492 IDFC Core Equity Dir Gr
Investment Fund | -7% ₹1 Cr 185,993 IDFC Multi Cap Dir Gr
Investment Fund | -7% ₹1 Cr 92,363 Triparty Repo
CBLO/Reverse Repo | -2% ₹0 Cr IDFC Cash Dir Gr
Investment Fund | -0% ₹0 Cr 138
↓ -1,272 Net Current Assets
Net Current Assets | -0% ₹0 Cr 4. Franklin India Dynamic PE Ratio Fund of Funds
CAGR/Annualized return of 14.1% since its launch. Ranked 24 in Fund of Fund category. Return for 2019 was 5.8% , 2018 was 4.9% and 2017 was 15.5% . Franklin India Dynamic PE Ratio Fund of Funds
Growth Launch Date 31 Oct 03 NAV (17 Jan 20) ₹85.2881 ↓ -0.02 (-0.02 %) Net Assets (Cr) ₹1,047 on 30 Nov 19 Category Others - Fund of Fund AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 1.75 Sharpe Ratio 0.99 Information Ratio -0.66 Alpha Ratio 0.42 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 14 ₹10,000 31 Dec 15 ₹10,515 31 Dec 16 ₹11,329 31 Dec 17 ₹13,083 31 Dec 18 ₹13,718 31 Dec 19 ₹14,512 Returns for Franklin India Dynamic PE Ratio Fund of Funds
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Jan 20 Duration Returns 1 Month -0.6% 3 Month 0.7% 6 Month 1% 1 Year 4.2% 3 Year 7.6% 5 Year 7.1% 10 Year 15 Year Since launch 14.1% Historical performance (Yearly) on absolute basis
Year Returns 2018 5.8% 2017 4.9% 2016 15.5% 2015 7.7% 2014 5.2% 2013 24.7% 2012 3.9% 2011 20% 2010 -5.4% 2009 11% Fund Manager information for Franklin India Dynamic PE Ratio Fund of Funds
Name Since Tenure Paul Parampreet 1 May 19 0.58 Yr. Data below for Franklin India Dynamic PE Ratio Fund of Funds as on 30 Nov 19
Asset Allocation
Asset Class Value Cash 0.69% Equity 46.71% Debt 46.81% Other 5.78% Top Securities Holdings / Portfolio
Name Holding Value Quantity Franklin India Equity Dir Gr
Investment Fund | -51% ₹538 Cr 8,524,574
↑ 8,524,574 Franklin India S/T Income Dir Gr
Investment Fund | -49% ₹510 Cr 1,179,257
↓ -7,634,264 Call, Cash & Other Assets
Receivables | -0% -₹1 Cr 5. Franklin India Life Stage Fund Of Funds - 20s Plan
CAGR/Annualized return of 14.2% since its launch. Ranked 13 in Fund of Fund category. Return for 2019 was 4.1% , 2018 was -4.1% and 2017 was 25.3% . Franklin India Life Stage Fund Of Funds - 20s Plan
Growth Launch Date 1 Dec 03 NAV (17 Jan 20) ₹84.6239 ↓ -0.12 (-0.15 %) Net Assets (Cr) ₹12 on 30 Nov 19 Category Others - Fund of Fund AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 1.57 Sharpe Ratio 0.27 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 14 ₹10,000 31 Dec 15 ₹10,339 31 Dec 16 ₹11,101 31 Dec 17 ₹13,909 31 Dec 18 ₹13,336 31 Dec 19 ₹13,888 Returns for Franklin India Life Stage Fund Of Funds - 20s Plan
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Jan 20 Duration Returns 1 Month 1.8% 3 Month 5.5% 6 Month 3% 1 Year 5.4% 3 Year 7.4% 5 Year 6.6% 10 Year 15 Year Since launch 14.2% Historical performance (Yearly) on absolute basis
Year Returns 2018 4.1% 2017 -4.1% 2016 25.3% 2015 7.4% 2014 3.4% 2013 38.9% 2012 3.5% 2011 26.2% 2010 -14% 2009 17.9% Fund Manager information for Franklin India Life Stage Fund Of Funds - 20s Plan
Name Since Tenure Paul Parampreet 1 Mar 18 1.75 Yr. Data below for Franklin India Life Stage Fund Of Funds - 20s Plan as on 30 Nov 19
Asset Allocation
Asset Class Value Cash 0.11% Equity 75.75% Debt 19.15% Other 4.99% Top Securities Holdings / Portfolio
Name Holding Value Quantity Franklin India Bluechip Dir Gr
Investment Fund | -50% ₹6 Cr 120,302
↓ -3,057 Franklin India Prima Dir Gr
Investment Fund | -15% ₹2 Cr 17,171
↓ -243 Templeton India Value Dir Gr
Investment Fund | -15% ₹2 Cr 68,989
↓ -3,218 Franklin India Corporate Debt Dir Gr
Investment Fund | -10% ₹1 Cr 160,492
↑ 2,418 Franklin India Dynamic Accrual Dir Gr
Investment Fund | -10% ₹1 Cr 161,549
↑ 3,750 Call, Cash & Other Assets
Receivables | -0% ₹0 Cr 6. HDFC Dynamic PE Ratio Fund of Funds
CAGR/Annualized return of 8.7% since its launch. Return for 2019 was 6% , 2018 was -2.3% and 2017 was 23.6% . HDFC Dynamic PE Ratio Fund of Funds
Growth Launch Date 6 Feb 12 NAV (17 Jan 20) ₹19.3451 ↑ 0.03 (0.14 %) Net Assets (Cr) ₹22 on 30 Nov 19 Category Others - Fund of Fund AMC HDFC Asset Management Company Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 1 Sharpe Ratio 0.51 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 14 ₹10,000 31 Dec 15 ₹9,989 31 Dec 16 ₹10,884 31 Dec 17 ₹13,458 31 Dec 18 ₹13,152 31 Dec 19 ₹13,938 Returns for HDFC Dynamic PE Ratio Fund of Funds
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Jan 20 Duration Returns 1 Month 2.2% 3 Month 4.7% 6 Month 2.4% 1 Year 7.4% 3 Year 7.9% 5 Year 6.8% 10 Year 15 Year Since launch 8.7% Historical performance (Yearly) on absolute basis
Year Returns 2018 6% 2017 -2.3% 2016 23.6% 2015 9% 2014 -0.1% 2013 19.8% 2012 5.3% 2011 2010 2009 Fund Manager information for HDFC Dynamic PE Ratio Fund of Funds
Name Since Tenure Anil Bamboli 27 Jun 14 5.52 Yr. Miten Lathia 27 Jun 14 5.52 Yr. Data below for HDFC Dynamic PE Ratio Fund of Funds as on 30 Nov 19
Asset Allocation
Asset Class Value Cash 7.7% Equity 42.54% Debt 37.71% Other 12.05% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Top 100 Dir Gr
Investment Fund | -31% ₹7 Cr 133,028 HDFC Banking & PSU Debt Dir Gr
Investment Fund | -15% ₹3 Cr 2,086,346 HDFC S/T Debt Dir Gr
Investment Fund | -14% ₹3 Cr 1,359,641 HDFC Mid-Cap Opportunities Dir Gr
Investment Fund | -13% ₹3 Cr 492,644 HDFC Dynamic Debt Dir Gr
Investment Fund | -10% ₹2 Cr 342,928 Hdfc Small And Mid Cap Fund - Direct Plan- Growth Option
- | -9% ₹2 Cr 491,015 HDFC M/T Debt Dir Gr
Investment Fund | -3% ₹1 Cr 168,704 Hdfc Corporate Bond Fund - Growth Option - Direct Plan
- | -3% ₹1 Cr 281,896
↓ -67,005 Treps - Tri-Party Repo
CBLO/Reverse Repo | -2% ₹0 Cr Net Current Assets
Net Current Assets | -0% ₹0 Cr 7. IDFC Asset Allocation Fund of Funds - Aggressive Plan
CAGR/Annualized return of 9.2% since its launch. Return for 2019 was 4.6% , 2018 was -3% and 2017 was 22.3% . IDFC Asset Allocation Fund of Funds - Aggressive Plan
Growth Launch Date 11 Feb 10 NAV (17 Jan 20) ₹24.0281 ↑ 0.06 (0.26 %) Net Assets (Cr) ₹16 on 30 Nov 19 Category Others - Fund of Fund AMC IDFC Asset Management Company Limited Rating ☆☆ Risk Moderately High Expense Ratio 1.37 Sharpe Ratio 0.15 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-18 Months (1.5%),18 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 14 ₹10,000 31 Dec 15 ₹10,266 31 Dec 16 ₹10,850 31 Dec 17 ₹13,271 31 Dec 18 ₹12,867 31 Dec 19 ₹13,455 Returns for IDFC Asset Allocation Fund of Funds - Aggressive Plan
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Jan 20 Duration Returns 1 Month 3.2% 3 Month 5.7% 6 Month 5.3% 1 Year 7.8% 3 Year 7.2% 5 Year 6.1% 10 Year 15 Year Since launch 9.2% Historical performance (Yearly) on absolute basis
Year Returns 2018 4.6% 2017 -3% 2016 22.3% 2015 5.7% 2014 2.7% 2013 27.4% 2012 3.6% 2011 21.9% 2010 -5% 2009 Fund Manager information for IDFC Asset Allocation Fund of Funds - Aggressive Plan
Name Since Tenure Arpit Kapoor 18 Apr 18 1.54 Yr. Data below for IDFC Asset Allocation Fund of Funds - Aggressive Plan as on 30 Nov 19
Asset Allocation
Asset Class Value Cash 10.77% Equity 70.94% Debt 18.28% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity IDFC Large Cap Dir Gr
Investment Fund | -23% ₹4 Cr 986,203 IDFC Sterling Value Dir Gr
Investment Fund | -20% ₹3 Cr 627,942 IDFC Multi Cap Dir Gr
Investment Fund | -20% ₹3 Cr 308,572
↓ -40,343 IDFC Bond S/T Dir Gr
Investment Fund | -16% ₹2 Cr 587,373 IDFC Core Equity Dir Gr
Investment Fund | -10% ₹2 Cr 322,976 IDFC Low Duration Dir Gr
Investment Fund | -9% ₹1 Cr 484,654 Triparty Repo
CBLO/Reverse Repo | -3% ₹0 Cr Net Current Assets
Net Current Assets | -2% ₹0 Cr IDFC Cash Dir Gr
Investment Fund | -1% ₹0 Cr 557
↑ 01
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 fund 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!
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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