Multi Asset Allocation News Today

In the mid and small cap categories, valuations are higher by 20-25 percent compared to their historical range and hence Nimesh Chandan sees some chances of correction here.

Investors who lack the time, knowledge, or expertise to construct and manage a diversified investment portfolio on their own may find Multi Asset Allocation funds convenient and effective.

Mahindra Mutual Fund has announced the launch of Mahindra Manulife Multi-Asset Allocation Fund, which is an open-ended scheme investing in equity, debt, gold, as well as exchange-traded fund, as well as exchange-traded commodity derivatives. Now, the NFO was open for subscription on the February 20th and will close on March 5th. It will subsequently reopen for continuous sale and repurchase from 15th of March.

These funds are a good place to start one’s investment journey. However, do note that multi-asset funds entail a higher level of risk compared to traditional high quality debt products

Sahil Kapoor believes that the upcoming Interim Budget 2024 or Vote on Account is unlikely to make major announcements and will focus on continuity in tax regime and economic visibility. He warns that the current bull rally on the stock market may be derailed by factors such as fiscal deficit and profit booking. Kapoor advises investors to lower their return expectations and focus on the quality of businesses and their valuations.

In the latest edition of MC Pro Masters Virtual, we are joined by Chintan Haria, Principal - Investment Strategy, ICICI Prudential Asset Management Company

Sundaram Multi Asset Allocation Fund aims to reduce portfolio volatility by investing across three asset classes: equity, gold, and fixed income. Given the superlative returns in equity and a good sprint by gold in 2023, fund houses are busy pushing multi-asset allocation funds.

“When you have all the asset classes in the portfolio together, you can navigate these cycles much more smoothly and both the investor can have a very good experience and ultimately meet their objective of long-term wealth creation and protecting their purchasing power. So, it is a fund for all seasons so to speak.”

Hybrid funds are back in the limelight after the debt taxation changes in the Budget. This category has seen net inflows of Rs 72,000 crore. What changed for this category and why are investors making a beeline for these funds? Chintan Haria of ICICI Prudential Mutual Fund has answers.

Looking to invest in various assets but don't know how to? Multi-asset allocation funds are the answer as they provide exposure to multiple assets.