To generate income from fixed income instruments and generate capital appreciation for investors by investing in equity and equity related securities including derivatives, Gold ETFs, Silver ETFs, exchange traded commodity derivatives and in units of REITs & InvITs.
Benchmark:
NIFTY 50
Fund Manager:
Nimesh Chandan, Sorbh Gupta, Siddharth Chaudhary, Vinay Bafna
Baroda BNP Paribas Multi Asset Fund | 19.07(6M) | 31.00(1Y) |
Aditya Birla Sun Life Multi Asset Allocation Fund | 14.32(6M) | 23.22(1Y) |
A little bit of every asset class in one fund. Aims to appeal to investors who are typically low volatility loving but better than deposit rates return.
Fund House AAUM:
Rs 870840.84 Lakhs(as on 31st March, 2024)
Fund Manager:
Combined experience of above 23 years
Nothing particular but aimed for the conservative investor. Don't look for super returns but downside risks are substantial if there is an error in management macros.