Mutual funds' search for debt fund alternatives reaches FoF space

Quick Summary:

Some fund houses like Edelweiss and PPFAS took the hybrid fund route to fill the gap by creating tax-efficient, lower-risk products.

In addition, the expense ratio should be reasonable for the fund to be able to compete with other lower-risk investment options,” said Rushabh Desai, founder, Rupee With Rushabh.

Mutual funds' search for debt fund alternatives has now reached the fund of fund (FoF) space.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Mf Mutual Funds Markets Investment

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-26 @ 15:52:16 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 467 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22721839

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