Inside the investment strategy of the government’s new Fund of Funds
The government rolled out a Rs 10,000 crore Fund of Funds (FoF) 2.0 on Monday. The FoF 2.0 has been designed to continue the momentum of investments in startups, with an expanded scope over the Fund of Funds Scheme (FFS 1.0).
The scheme will contribute to the corpus of SEBI-registered alternative investment funds (AIFs) for investing in equity and equity-linked instruments of entities recognised as startups by the central government.
