Since the beginning of 2024, the multi-asset theme has found favour among leading mutual fund houses driven by the need to steer through rising market uncertainties in the election year. At least five fund houses including Sundaram, Bank of India, HSBC, Mirae and Bandhan have launched multi-asset funds over the past month. A multi-asset scheme invests across asset classes available in the markets. These are equity, debt and commodities.
