Fund Query: How to rejig portfolio in post-retirement phase - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Motilal Oswal Asset Allocation Passive FoF - Investors can give it a skip
It will provide investors a static exposure to equity, debt and gold
If you want exposure to multiple assets – equity, debt and gold , you can consider asset allocation mutual fund schemes. Here, you have two options. One, multi asset allocation funds, that must invest 10 per cent or more in at least three different asset classes. Two, you can invest in an asset allocation fund of funds (FoF), that invests in a combination of equity, debt and other-asset focused mutual funds. Such schemes help investors in diversifying risk and reducing return volatility. The recently launched, Motilal Oswal Asset Allocation Passive FoF – Aggressive and Conservative – belongs to the latter category. The new fund offer closes on March 5.