Sundaram Mutual Fund announced the launch of Sundaram Multi Asset Allocation Fund. The scheme opened for public subscription on January 05, 2024, and will close on January 19, 2024.
This year’s violent bond market sell-off has been a stark reminder of the importance of diversifying your portfolio and not putting all your eggs in one basket.
Many investors have an aversion to market volatility and seek a more stable investment experience. Hence, diversifying across various asset classes becomes important. This is primarily because different asset classes exhibit their own cycles, and.
“You are much better off with the Sovereign Gold Bonds if you have got an eight-year view and an ETF if you have got a three-year view. But yes you will end up paying more tax with ETF and less tax with SGB. Investing in multi-asset funds is another way because gold is a part of multi-asset funds and there you will pay less tax compared to an ETF.”