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Multi asset allocation funds offer upto 11% in 2024 so far, top the return chart

Multi asset allocation funds are the funds that invest in at least three asset classes with a minimum allocation of at least 10% each in all three asset classes.

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Multi-asset allocation funds: What is prompting fund houses to launch new scheme

2024 forecasts a global economic slowdown due to inflation, geopolitical tensions, and supply chain disruptions. Central banks navigate inflation risks cautiously. Mutual funds advocate multi-asset strategies for diversified investments. Asset allocation is key for managing investment risks.

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Daily Voice: This CIO expects up to 15% earnings growth in Q4 Here are his picks

The market doesn t appear to be too worried about the general elections, as it continues to trade near record high levels, Bank of India Investment Managers CIO Alok Singh has said

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Bank of India MF aims to raise Rs 500 cr from multi-asset allocation fund in NFO period

Bank of India MF aims to raise Rs 500 cr from multi-asset allocation fund in NFO period
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Bank of India Mutual Fund aims to raise Rs 500 crore from multi-asset allocation fund in NFO period

The new scheme is designed for investors who are seeking low volatility in their portfolio and exposure to multiple asset classes equity, debt and gold with better returns.

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