2 Top Rated Multi Asset Allocation Funds To Invest In 2022

Weary of the market conditions, while it shall be best to remain on the sideline or at best go for fundamentally strong stocks with high profitability and low debt, if you are mutual fund enthusiast, the best strategy to play at the current levels that provide the advantage of different asset classes at one go is the multi asset allocation funds.

Why and when multi asset allocations play out or will be beneficial?

The exposure in the case of multi-asset allocation funds is in equity, fixed income or debt as well as gold and so this asset mix which shares negative or less correlation tends to reduce the overall portfolio risk. Say as in the current times because of the Ukraine-Russia's spurring tension, the equities have come crashing down, the gold portfolio shall to an extent safeguard and curb the huge downside because of equities fall, with gold seeing a breakout.

So, here are providing 2 such funds rated as 5 Star by Value Research online that you can consider for portfolio diversification

Axis Triple Advantage Fund

This fund launched by the Axis mutual fund in the year 2013 has return since inception to the tune of 11%. The fund has the total assets under management of Rs. 1648 crore. Direct plan of the fund carries an expense ratio of 0.44%.

The fund's allocation is majorly in equities, followed by debt and commodity, with distribution in a way that all times a minimum of 10% is allocated to each of the asset class.

Top equity holdings of the fund are in ICICI Bank, Infosys, TCS, Bajaj Finance, Avenue Supermarts etc. Debt holdings of the fund are in GoI securities, bonds, debentures, fixed deposits, state development loans.

The fund's 1-year returns are at 17.03% in the last 1-year, while 5-years return are at 14.10%.

SIP investment in the fund can be initiated for Rs. 1000 with 5 year value of Rs. 10000/month SIP at Rs.8.97 lakh.

Quant Multi Asset Fund:

This is another multi-asset allocation fund ranked as 5-star by the Value Research. The assets under the fund are at Rs. 201 crore with expense ratio of 0.56%. The scheme has allocation across assets with equities majorly deployed across sectors including services, construction, consumer staples, communication, financial among other.

Sip in the fund can again be kickstarted for Rs. 1000. The 1-year return of the fund has been at 50.07%, while 5-year return stand at 18.43%. Likewise, in 5 years, the worth of Rs. 10000 monthly SIP is now at Rs. 11.34 lakhs.

Disclaimer:

The above story is just for informational use and not a recommendation to buy in these mutual funds. We are not a professional financial advisors concern, so do your analysis and seek financial advisors help on investment decisions.

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