200% jump in AUM in one year. Is it time to look at Overseas FoFs?

In the last one year the folio base of overseas fund of funds (FoFs) has increased from 1,43,706 to 4,64,020 as on 30th November, 2020. The assets under management (AUM) for this category has also skyrocketed by 209% in the last one year. These funds were managing assets worth Rs 2,470.22 crore in November, 2019, which has nearly tripled in one year. The overseas FoFs category now manages AUM worth Rs 7,641.98 crore, as on 30th November, 2020.

Source

Leave a Reply

Pin It on Pinterest