Best Multi-Asset Allocation Funds to Invest in India with Prakash72

Investing in Balanced Hybrid Mutual Funds is the best way to diversify your investment portfolio. Read on to find out more.

Top Multi-Asset Allocation Mutual Funds

UTI MULTI ASSET ALLOCATION FUND
Invest Now
1 Year
2 Year
3 Year
5 Year
9.53%
17.59%
19.56%
15.59%
NIPPON INDIA MULTI ASSET ALLOCATION FUND
Invest Now
1 Year
2 Year
3 Year
5 Year
14.99%
20.08%
19.23%
17.11%
ICICI PRUDENTIAL MULTI-ASSET FUND
Invest Now
1 Year
2 Year
3 Year
5 Year
14.85%
18.13%
18.96%
22.5%
SBI MULTI ASSET ALLOCATION FUND
Invest Now
1 Year
2 Year
3 Year
5 Year
14.75%
16.44%
17.18%
14.86%
360 ONE MULTI ASSET ALLOCATION FUND - REGULAR PLAN
Invest Now
1 Year
2 Year
3 Year
5 Year
0%
0%
0%
0%

Why Invest with Prakash72?

  • Paperless transaction
  • All products under one roof
  • No fees or hidden charges
  • Superior customer support
  • Seamless and hassle free online platform

Features of Multi-Asset Allocation Mutual Funds

Exposure to Multiple Asset Classes

These funds are good for investors taking exposure to equity for the first time as these funds have a slight debt exposure also, 65-80% is invested in equity and the remaining in debt. The debt exposure balances the risk of market volatility as during the low phases of markets the debt component will help.

Diversification

There are various categories of Hybrid Mutual Funds such as Conservative Hybrid, Aggressive Hybrid, Balanced Advantage, etc. Conservative Hybrid Funds are more debt orientated and possess lower risk due to the low equity exposure as opposed to Aggressive Hybrid which are more equity orientated and have a higher risk due to the higher equity exposure. Investors can choose according to their risk appetite.

Readymade Diverse Portfolio

Hybrid Funds allow the fund managers to churn the portfolio between equity and debt asset classes. When markets are low and equity valuations are down fund managers buy them with the intent of buying at low valuations and capital appreciation. This allowance for changing the asset allocation within regulatory limits benefits those who invest in Hybrid Funds.

Portfolio Rebalancing

The fund managers of these funds keep shifting asset allocations as per the prevailing market conditions, hence investors need not worry with regard to changing their investment strategy whilst investing in a Multi-Asset Allocation fund as the fund manager will take care of it.

Fund Categories

Hybrid

Dynamic Asset Allocation

Equity Savings

Arbitrage Fund

Aggressive Hybrid Fund

Balanced Hybrid Fund

Multi Asset Allocation

Conservative Hybrid Fund

Debt Mutual Funds

Medium Duration Fund

Overnight Mutual Fund

Low Duration Fund

Dynamic Bond

Gilt Fund with 10 year constant duration

Long Duration Fund

Short Duration Fund

Money Market Fund

Gilt Fund

Corporate Bond Fund

Floater Fund

Medium to Long Duration Fund

Ultra Short Duration Fund

Banking and PSU Fund

Credit Risk Fund

Equity

Focused Fund

Flexi Cap Fund

Mid Cap Funds

Multi Cap Funds

Large Cap Funds

Small Cap Fund

Large & Mid Cap Funds

Sectoral Thematic

Value Fund

Sectoral Thematic

Credit Risk Fund

Dividend Yield Fund

Contra Fund

Solution Oriented

Retirement Fund

Children Fund

Other

Index Funds

FoFs

How to Invest in a Multi-Asset Allocation Mutual Fund with Prakash72?

Any investor can enjoy the benefits of investing through Prakash72 in the following easy steps:

Step 1:

Create an account in Prakash72 by providing your basic KYC details. (If you already have an account, then just log in to your account.)

Step 2:

On your portfolio page click on the Buy New tab at the top right corner of the screen. Select the category and choose the funds you want to purchase. If you already know the name of the fund you want to buy, then you can search for the particular fund through Quick Order.

Step 3:

Select the category and choose the funds you want to purchase.

Step 4:

If you already know the name of the fund to buy, then you can search for the particular fund through Quick Order.

Step 5:

Fill in the transaction details and confirm. You can place up to 5 orders in one go.

Step 6:

You can make payment through your registered account using UPI, Direct Pay, or NEFT/RTGS, Bank Mandate, or Cheque. For same-day NAV, select UPI, Direct Pay, or NEFT/RTGS, as other payment options may take a few days to clear.
Nodal account takes about 1–2 days to clear payment from the approved mandate, and cheques take about 2–5 days in clearing, due to which you may not get the same-day NAV.

Why Invest in Multi-Asset Allocation Funds?

The best performing Balanced Funds offer investors a strategic mix of Equity investments that ensure capital appreciation by generating good returns, and Debt instruments that reduce vulnerability to market volatility. Thus, investing in Balanced Hybrid Funds enables hedging of risk against market fluctuations as well as inflation.

  • Stable and consistent returns due to a well-diversified portfolio.
  • Low risk concentration as the portfolio allocation across a wide range of asset classes mitigates and counterbalances the risk factors.
  • Exposure to a wide range of investment instruments without undue risk.

Who Should Invest in Multi-Asset Allocation Mutual Funds?

Since the primary focus of Multi-Asset Allocation Funds is to provide returns in the form of capital appreciation in the long run for their investors, anyone wishing to diversify their portfolio through exposure to a variety of asset classes would find them a good option.

9,207

Partners in 769 cities across India

57,751

Customers spread over 3,000 pincodes

47,20,225

Transactions Executed

Rs. 6,345

Crore- Transaction Value

Frequently Asked Questions (FAQs):

1. How Long Should I Stay Invested in Multi-Asset Allocation Mutual Funds?

Since Multi-Asset Allocation Funds provide access to a wide range of asset classes, and keep adjusting the asset-mix based on certain rules, to constantly optimise returns, risk and capital appreciation, these funds are ideal for an investment horizon of at least 5 years.

2. What Kind of Returns can I Earn from Multi-Asset Allocation Mutual Funds?

In the last one year, Multi-Asset Allocation Funds have delivered an average of 10-12% returns.

3. Where do Multi-Asset Allocation Mutual Funds Invest?

As the name suggests, Multi-Asset Allocation Funds invest across a wide range of asset classes, including Equity, Debt, Real Estate, Gold, etc. At least 10% of their portfolios are required to be allocated in at least three different asset classes, as per SEBI rules.

4. What is the Taxation of Multi-Asset Allocation Funds?

Dividends are added to the overall income of the investors and taxed at their respective tax.
Taxation of capital gains on Multi-Asset Allocation Funds depends on the Equity exposure of the funds. For funds with more than 65% Equity exposure, the taxation is the same as that of other Equity Funds, while for funds with less than 65% Equity exposure, taxation is akin to that of Debt Funds.
If the holding period is less than one year then such funds attract short term capital gains and are taxed at a flat rate of 15%, while those with a holding period longer than one year attract long term capital gains. These are tax-exempt up to a limit of INR 1 Lakh, and beyond that, are taxed at a flat 10%.