Kolkata: Phones are constantly changing, gold jewellery will burn a hole in your pocket, clothes are passe. Move away from the beaten path and surprise your partner by gifting a multi-asset fund scheme this Valentine’s Day. These funds are not only the flavour of the season but also offers balanced and stable returns  in this volatile market. In Jan these funds have made a mark in the market by attracting a huge amount of investment by Indians. You can also offer your partner financial stability by gifting a lumpsum or the first instalment of an SIP (Systematic Investment Plan) this Feb 14.

How Indians have fallen for multi-asset funds

Multi-asset mutual funds witnessed a record Rs 10,485 crore in net inflows in January. AMFI data showed it made these funds among the most favoured in hybrid strategies in the month we left behind. As the equity market has turned volatile and uncertain, the focus has shifted to balance and diversification of portfolio.

What are multi asset funds?

Multi-asset allocation funds, or simply multi-asset funds are those that invest in more than one asset class, the name signals. Tee are typically equities, debt and commodities such as the precious metals gold and silver. This category of funds invest a minimum of 10% in at least three asset classes. The advantage: when equities turn volatile, the debt and commodities provide stability. While the debt offers stable income, the precious metals generate the returns to balance the net outcome — as is happening now in the market. Many investors swing towards these funds to stabilize the portfolio.

Best performing multi-asset funds

According to recent reports some of the better performing multi-asset mutual fund schemes in the market are the following. Please note the returns are for the past three years.

Quant Multi Asset Allocation Fund: 21.89%

Nippon India Multi Asset Allocation Fund: 21.47%

Aditya Birla Sun Life Multi-Asset Moni FoF: 19.23%

Kotak Multi-Asset Omni FoF: 18.74%

Aditya Birla Sun Life Multi-Asset Allocation Fund: 18.55%

Aditya Birla Sun Life Multi-Asset Passive FoF: 18.33%

Nippon India Multi Asset Omni FoF: 17.96%

SBI  Multi Asset Allocation Fund: 17.92%

Axis Multi Asset Allocation Fund: 17.62%

ICICI Prudential Multi Asset Fund: 17.61%

(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, precious metals, commodity, REITs, InvITs and any form of alternative investment instruments and crypto assets.)