Sandipan Roy, CIO, Motilal Oswal Private Wealth, says debt funds have completely lost their attractiveness from a taxation perspective. That part of the portfolio needs to be restructured now. Multi-asset allocation funds make a lot of sense now. Be it debt-oriented or more equity-oriented, either way, multi-asset allocation funds will become a segment of the fund category to invest into as part of your debt allocation and as part of your gold and silver allocation as well.
