The investment objective of the scheme is to generate long term capital appreciation by investing in equity and equity-related securities, debt and money market instruments, commodity ETFs and exchange traded commodity derivatives.
The change in debt fund taxation earlier this year has nudged fund houses like Kotak Mutual Fund to launch asset allocation funds with an equity tax advantage. The funds invest in multiple asset classes and then switch between them, depending on the fund manager’s strategy to ride market volatility and opportunities it presents.
Why Multi-Asset Fund Should Be a part Of a Portfolio By Amitabh Verma, Director & Co Founder, Fission Wealth Private Limited outlookindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from outlookindia.com Daily Mail and Mail on Sunday newspapers.
Shriram Multi Asset Allocation Fund: Should you invest? - 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.
With the stock markets being volatile and the economy staying in the Goldilocks Zone, mutual fund investors are making a beeline for hybrid funds. These are mutual funds which invest in both equity and debt.