Best Multi Asset Allocation Fund

November 28, 2023

Best Multi Asset Allocation Fund

The table below shows the Best Multi Asset Allocation Fund based on AUM, NAV and minimum SIP. 

NameAUMNAVMinimum SIP
ICICI Pru Multi-Asset Fund22631.04592.07500.00
Aditya Birla SL Multi Asset Allocation Fund2541.7411.25100.00
HDFC Multi-Asset Fund1913.2559.241500.00
Tata Multi Asset Opp Fund1787.4119.23150.00
SBI Multi Asset Allocation Fund1614.8448.995000.00
Nippon India Multi Asset Fund1448.3715.80100.00
Axis Multi Asset Allocation Fund1365.4835.31100.00
Baroda BNP Paribas Multi Asset Fund1254.8411.06500.00
Quant Multi Asset Fund978.3997.20100.00
UTI Multi Asset Fund862.1756.36100.00

Best Multi Asset Allocation Fund merge diverse asset classes for investment. They create portfolios, tailored to individual investors, blending multiple assets to optimize returns. Composition varies based on investor preferences.

Contents:

Best Multi Asset Mutual Funds

The table below shows  Best Multi Asset Mutual Funds based on lowest to highest expense ratio. 

NameExpense Ratio
DSP Multi Asset Allocation Fund0.00
Shriram Multi Asset Allocation Fund0.00
Kotak Multi Asset Allocation Fund0.00
Baroda BNP Paribas Multi Asset Fund0.22
Aditya Birla SL Multi Asset Allocation Fund0.30
Edelweiss Multi Asset Allocation Fund0.35
Nippon India Multi Asset Fund0.45
Tata Multi Asset Opp Fund0.47
WOC Multi Asset Allocation Fund0.50
Quant Multi Asset Fund0.68

Top 10 Multi Asset Funds India

The table below shows Top 10 Multi Asset Funds India  In India based on Absolute Returns of 6M. 

NameAbsolute Returns – 6M
SBI Multi Asset Allocation Fund14.03
ICICI Pru Multi-Asset Fund13.55
Aditya Birla SL Multi Asset Allocation Fund13.05
UTI Multi Asset Fund12.81
Tata Multi Asset Opp Fund12.70
Motilal Oswal Multi Asset Fund12.66
Nippon India Multi Asset Fund11.05
Axis Multi Asset Allocation Fund10.31
Quant Multi Asset Fund10.23
Baroda BNP Paribas Multi Asset Fund10.19

Best Multi Asset Funds

The table below shows  Best Multi Asset Funds based on exit load i.e the fee that the AMC charges investors when exiting or redeeming their fund units.

NameAMCExit Load
DSP Multi Asset Allocation FundDSP Investment Managers Private Limited0.00
Edelweiss Multi Asset Allocation FundEdelweiss Asset Management Limited0.10
Aditya Birla SL Multi Asset Allocation FundAditya Birla Sun Life AMC Limited1.00
Tata Multi Asset Opp FundTata Asset Management Private Limited1.00
Nippon India Multi Asset FundNippon Life India Asset Management Limited1.00
Quant Multi Asset FundQuant Money Managers Limited1.00
Baroda BNP Paribas Multi Asset FundBaroda BNP Paribas Asset Management India Pvt. Ltd.1.00
Shriram Multi Asset Allocation FundShriram Asset Management Company Limited1.00
Kotak Multi Asset Allocation FundKotak Mahindra Asset Management Company Limited1.00
WOC Multi Asset Allocation FundWhiteOak Capital Asset Management Limited1.00

Best Multi Asset Allocation Fund

The table below shows Best Multi Asset Allocation Fund based on Absolute Return 1 Year and AMC. 

​​

NameAbsolute Returns – 1Y
ICICI Pru Multi-Asset Fund22.21
Nippon India Multi Asset Fund19.24
SBI Multi Asset Allocation Fund19.19
Tata Multi Asset Opp Fund17.84
UTI Multi Asset Fund16.89
Motilal Oswal Multi Asset Fund15.51
HDFC Multi-Asset Fund13.67
Quant Multi Asset Fund11.12
Axis Multi Asset Allocation Fund7.14

Top 10 Multi Asset Funds India

The table below shows Top 10 Multi Asset Funds India  In India based on CAGR of 3 years.

NameCAGR 3Y
ICICI Pru Multi-Asset Fund29.31
Quant Multi Asset Fund28.12
Tata Multi Asset Opp Fund19.89
Nippon India Multi Asset Fund17.32
HDFC Multi-Asset Fund16.62
SBI Multi Asset Allocation Fund14.91
Axis Multi Asset Allocation Fund14.37
UTI Multi Asset Fund13.79
Motilal Oswal Multi Asset Fund8.15

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Best Multi Asset Allocation Fund – FAQs  

What are the best multi asset funds?

The Best Multi Asset Funds #1: ICICI Pru Multi-Asset Fund

The Best Multi Asset Funds #2: Aditya Birla SL Multi Asset Allocation Fund

The Best Multi Asset Funds #3: HDFC Multi-Asset Fund

The Best Multi Asset Funds #4: Tata Multi Asset Opp Fund

The Best Multi Asset Funds #5: SBI Multi Asset Allocation Fund

These funds are listed based on the Highest AUM.

Is a multi asset allocation fund good?

Multi-asset allocation funds can be beneficial due to diversification across various assets, reducing risks. They suit investors seeking balanced portfolios and risk management.

Are multi asset funds risky?

Multi-asset funds can vary in risk. While diversification can mitigate risks, market fluctuations in different assets can still pose challenges. Proper research and understanding are crucial for investors.

Can we invest lumpsum in a multi asset fund?

Yes, investors can invest a lump sum in a multi-asset fund. This approach allows for immediate exposure to diverse asset classes, aiding in balanced and comprehensive portfolio construction.

How do I choose a multi asset fund?

When choosing a multi-asset fund, consider your financial goals, risk tolerance, and investment horizon. Evaluate fund performance, asset allocation strategy, fees, and the fund manager’s track record for informed decisions.

What are the top 5 performing mutual funds?

Top 5 performing mutual funds #1: ICICI Pru Multi-Asset Fund

Top 5 performing mutual funds #2: Quant Multi Asset Fund

Top 5 performing mutual funds #3: Tata Multi Asset Opp Fund

Top 5 performing mutual funds #4: Nippon India Multi Asset Fund

Top 5 performing mutual funds #5: HDFC Multi-Asset Fund

These funds are listed based on the Highest CAGR of 3 years.

Introduction to Best Multi Asset Allocation Fund

Best Multi Asset Allocation Fund  – AUM, NAV

ICICI Pru Multi-Asset Fund

ICICI Prudential Multi Asset Fund-Growth, an offering by ICICI Prudential Mutual Fund, has a 20-year 11-month history and manages assets worth 22631.04 Crores.

Aditya Birla SL Multi Asset Allocation Fund

Aditya Birla Sun Life Multi Asset Allocation Fund Direct – Growth, offered by Aditya Birla Sun Life Mutual Fund, has an 8-month history, managing assets worth 2541.74 Crores.

HDFC Multi-Asset Fund

HDFC Multi Asset Fund Direct-Growth, by HDFC Mutual Fund, has a 10-year 9-month history, managing assets worth 1913.25 Crores in its Multi Asset Allocation mutual fund scheme.

Best Multi Asset Mutual Funds – Expense Ratio

DSP Multi Asset Allocation Fund

DSP Multi Asset Allocation Fund diversifies across equity, debt, commodities like Gold ETF, exchange traded commodity derivatives, and overseas securities. This strategy minimizes risks, enhancing overall portfolio stability amid varying asset class performances. The fund maintains a competitive expense ratio of 0.00.

Shriram Multi Asset Allocation Fund

Shriram Multi Asset Allocation Fund adapts to diverse asset class performances affected by economic cycles, global events, and geopolitical factors. It ensures moderate volatility, reasonable returns, and tax-efficient investing, simplifying the process for investors. Plus, it provides the advantage of Long Term Capital Gains taxation. The fund maintains a competitive expense ratio of 0.00.

Kotak Multi Asset Allocation Fund

Kotak Multi Asset Allocation Fund scheme aims for long-term capital appreciation by investing in Kotak Mahindra Mutual Fund schemes, ETFs, and Index schemes (both domestic and offshore, including Gold ETFs). However, there’s no guarantee that the objective will be achieved. The fund maintains a competitive expense ratio of 0.00.

Top 10 Multi Asset Funds India – Absolute Returns of 6M

Motilal Oswal Multi Asset Fund

The Motilal Oswal Multi Asset Fund Direct – Growth scheme exhibits lower consistency in delivering returns compared to most funds in its category. It also demonstrates a limited ability to mitigate losses during market declines. The absolute returns for the past 6 months are 12.66%.

Axis Multi Asset Allocation Fund

The Axis Multi Asset Allocation Direct Plan – Growth scheme maintains consistent returns in line with most funds in its category. However, its ability to minimize losses during market declines is below average. The absolute returns for the past 6 months are 10.31%.

Quant Multi Asset Fund

The Quant Multi Asset Fund Direct-Growth scheme provides returns in line with most funds in its category but has a below-average ability to control losses during market declines. Its equity investments focus on Unclassified, Financial, Healthcare, Energy, and Construction sectors. The absolute returns for the past 6 months are 10.23%.

Best Multi Asset Funds – Exit Load 

Edelweiss Multi Asset Allocation Fund

The fund predominantly invests in Financial, Metals & Mining, Healthcare, Communication, and Services sectors. It has a lower exposure to Financial and Metals & Mining sectors compared to other funds in the same category. The exit load for this fund is 0.10%, indicating a fee charged when investors exit the fund within a specified period, discouraging premature withdrawals.

Nippon India Multi Asset Fund

Nippon India Multi Asset Fund Direct – Growth scheme maintains consistent returns similar to most funds in its category. Its ability to minimize losses during market declines is average. The fund’s equity investments focus on Unclassified, Financial, Energy, Automobile, and Technology sectors. It has relatively lower exposure to Unclassified and Financial sectors compared to other funds in the category. The exit load for this fund is 1.00%.

Baroda BNP Paribas Multi Asset Fund

The fund’s equity investments are concentrated in Financial, Unclassified, Energy, Technology, and Construction sectors, with comparatively lower exposure to Financial and Unclassified sectors within the category. On the debt side, the fund has low credit quality, suggesting lending to borrowers with poor creditworthiness. The exit load for this fund is 1.00%.

Best Multi Asset Allocation Fund – Absolute Returns – 1Y

SBI Multi Asset Allocation Fund

The SBI Multi Asset Allocation Fund Direct-Growth scheme exhibits consistent returns comparable to most funds in its category. Its ability to limit losses during market declines is average. The fund has delivered absolute returns of 19.19% over the past year.

Tata Multi Asset Opp Fund

Tata Multi Asset Opportunities Fund Direct – Growth scheme provides consistent returns comparable to most funds in its category. It demonstrates an above-average ability to limit losses during market declines. The fund’s equity investments focus on Financial, Energy, Technology, Construction, and Capital Goods sectors, with relatively lower exposure to Financial and Energy sectors compared to other funds in the category. The fund has delivered absolute returns of 17.84% over the past year. 

UTI Multi Asset Fund

UTI Multi Asset Fund Direct-Growth scheme offers consistent returns in line with most funds in its category. Its ability to mitigate losses during market declines is average, indicating moderate risk management strategies. The fund has delivered absolute returns of 16.89% over the past year.

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Disclaimer: The above article is written for educational purposes, and the company’s data mentioned in the article may change over time.

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