Birla Asset Allocation Fund – Conservative-Growth is a debt oritented fund or its called as fund of fund?

POSTED BY Punit Gohil ON December 26, 2010 4:31 am ONE COMMENT

Birla Asset Allocation Fund – Conservative-Growth is a debt oritented fund or its called as fund of fund?

May I know the diffence between them Debt Oriented and Fund of fund.

I invested in Birla Asset Allocation Fund – Conservative-Growth thinking that it is Debt Oriented.

http://mutualfund.birlasunlife.com/LinkClick.aspx?fileticket=A9mwmVLH00o%3D&tabid=412

Manish Comments Plz…

One reply on this article “Birla Asset Allocation Fund – Conservative-Growth is a debt oritented fund or its called as fund of fund?”

  1. Ramesh says:

    Yes, it is both. A fund of multiple debt oriented funds. Tax-wise, it gets the same treatment as a debt fund. (Actually, all fund of funds, irrespective of the underlying funds in it are treated the same way).

    Ramesh

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