Multi-Asset Funds: A Comprehensive Solution For Diversified Investing
The Indian mutual fund industry has experienced remarkable growth, mirroring the nation’s economic expansion and the corresponding transition of savings into financial assets. As of March 31, 2024, data published by the Association of Mutual Funds in India (AMFI) shows more than a twofold increase in the assets under management over the past five years with AUM surging from ₹23.80 lakh crore to ₹53.40 lakh crore. Among the myriad investment avenues tailored to diverse risk appetites and financial objectives, multi-asset allocation (MAA) funds have emerged as a compelling choice, poised to potentially dominate the market in the coming years.