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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.