Retail investors are increasingly investing in fund of funds (FoFs) due to tax benefits, diversification, and easy access to multiple fund managers. Inflows have surged this financial year, driven by post-budget tax rule changes. FoFs offer flexibility in asset allocation and fund manager selection, though they come with an additional layer of expense.
Oil Price Today (August 26): Crude oil tanks 6% in two days to hover near $85. What’s behind the decline?
Brent crude futures were down $2.35, or 2.65%, at $86 a barrel, while U.S. West Texas Intermediate crude futures fell $1.94, or 2.36%, to $80.42.