Now Reading: Multi-asset funds see Rs 38,027 crore inflow as gold outperforms
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Multi-asset funds see Rs 38,027 crore inflow as gold outperforms
Multi-asset funds see Rs 38,027 crore inflow as gold outperforms
Multi-asset allocation funds (MAAFs) attracted roughly Rs 38,027 crore between January and June 2026, against Rs 5,586 crore in balanced advantage funds, says Bazaar Business Today. The surge came after the category…
The Story in Brief
Multi-asset allocation funds (MAAFs) attracted roughly Rs 38,027 crore between January and June 2026, against Rs 5,586 crore in balanced advantage funds, says Bazaar Business Today. The surge came after the category delivered average returns of 15-17 per cent in 2025, helped by gold's rally.
Gold and silver exposure drew investors, but experts warn against chasing recent gains. Anand Rathi Wealth's Adil Chacko says commodity returns are cyclical and can lag equities over the long term. In July 2026, Canara Robeco led with 2.71 per cent monthly returns, while Kotak topped one-year returns at 21.59 per cent. Some funds, including Quant and Sundaram, posted negative six-month returns.
The Indian Opinion
The hype around multi-asset funds repeats a familiar pattern: chase last year's winner, ignore the cycle. Gold's 2025 surge was driven by central bank buying and safe-haven demand, conditions that may not persist. Investors who already hold equity, debt and gold separately risk duplication, a point Chacko rightly stresses. Before piling in, check whether the fund's strategy actually adds diversification or merely mirrors your portfolio. Watch the next six months: if gold stays flat, will these funds still hold your attention? That will separate disciplined investors from trend-chasers.
Source: bazaar.businesstoday.in
This story was synthesised by AI from the source linked above.
