Multi-asset funds have multiple points of appeal, inflows rise over two-fold

Mumbai: Elevated equity valuations, tax efficiency, and automatic allocation to a diverse set of assets are attracting investors to multi-asset funds. Data from the Association of Mutual Funds in India (AMFI) showed that assets under management of these funds surged to ₹1.02 lakh crore in September 2024, from ₹40,000 crore a year ago. "Over the last one year, both gold and silver have done well. Multi-asset funds take exposure to gold and silver, along with other assets, and offer better tax efficiency. That is drawing in investors," said Amar Ranu, head-investment insights at Anand Rathi Share and Stock Brokers.

Click here to read more.