Multi asset allocation funds are very popular among investors and at there have been a lot of NFOs during the past year also. It has now left hybrid category of funds and has become an ‘avatar’ of a new kind. But to put it in lay man’s language its like a mix vegetable Indian curry, which boasts of three to four flavours. Multi-asset allocation funds invest at least 10% of their portfolio in three or more asset classes. From equity, to debt, commodities and real estate, as added masala in it, the these funds have all the ingredients. The allocation for equities, debt and commodities would vary accordingly.
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