# Multi-asset funds see Rs 38,027 crore inflows on gold rally

2026-08-08T06:31:06+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Multi-asset allocation funds (MAAFs) attracted nearly Rs 38,027 crore in inflows during January-June 2026, compared with Rs 5,586 crore for Balanced Advantage Funds, businesstoday.in reports. The category delivered average returns of 15-17% in 2025, boosted by gold and silver as central-bank buying and geopolitical tensions drove safe-haven demand. But Chacko, an expert quoted by the outlet, warned investors against chasing recent performance. Gold prices have consolidated in recent months, moderating MAAF returns. Several funds posted negative six-month returns in July 2026, including Quant (-2.99%) and Bajaj Finserv (-1.90%). Chacko also cautioned that holding hybrid funds alongside separate equity, debt and gold investments can create portfolio duplication.

## Coverage

- businesstoday.in <https://www.businesstoday.in/mutual-funds/story/are-investors-turning-to-multi-asset-funds-for-gold-and-silver-exposure-548104-2026-08-08?utm_source=rssfeed>

Tags: gold investment, investor caution, multi-asset funds, mutual funds, recency bias
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