Multi asset allocation funds are marketed as a one-stop solution to investors looking to have a diversified and balanced portfolio. These schemes typically have a mixed portfolio – usually in equity, debt, and gold. However, investors are worried that these schemes haven’t offered great returns on the back of soaring gold prices.
They are right. Multi Asset Funds have offered 0.49% returns in the last year. Why did they fail to capture the upside in gold prices?
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