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These 3 Multi-Asset Allocation Funds Are Good For SIP

These 3 Multi-Asset Allocation Funds Are Good For SIP
Written by bobby
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These 3 Multi-Asset Allocation Funds Are Good For SIP

Quant Multi-Asset Fund – Direct Plan-Growth

Launched in February 2001 by the Quant Mutual fund. This is an open-ended small fund of its category. It is a highly risky fund. Ths fund has worth Rs 295.85 crore of Asset Under Management (AUM). The Net Asset Value (NAV) declared on 13th May 2022 is Rs 76.0742. It is low expense ratio stood at 0.5% compared to its category average.

The minimum investment amount required for Lump-sum payment in the fund is Rs 5,000, and Rs 1,000 for SIP. Since its launch, it has delivered 12.91% average annual returns. The fund has 73.02% investment in equities of which 27.09% is in large-cap stocks, 5.53% is in mid-cap stocks, and 30% is in small-cap stocks. The fund has 8.6% investment in Debt of which 8.6% in Government securities.

The fund’s equity portion is primarily invested in the Financial, Services, Construction, Consumer Staples, and Communication sectors. The debt portion of the fund has very low credit quality indicating the quality of borrowers it has lent it to is poor.

Absolute Returns

1 Year 2 Year 3 Year 5 Year Since Inception
12.60% 49.68% 27.43% 17.54% 12.91%

ICICI Prudential Multi-Asset Fund – Direct Plan-Growth

This fund was launched on October 31, 2002, by the ICICI Prudential Mutual fund. It is an open-ended highly risky medium-sized fund category. It has worth Rs 13314.97 Crore of Asset Under Managemen (AUM). The Net Asset Value (NAV) of this dated 12th May 2022 is Rs 450.3633. The fund has an expense ratio of 1.18%, which is higher than its category average expense ratio

The minimum investment amount required for this fund is Rs 5,000 for Lump-Sum payment and Rs 100 to start SIP. The fund is rated 4-star by the CRISIL and given above-average performance among peer funds. Since its launch, it has delivered 15.43% average annual returns.

The fund has 67% investment in equities of which 55.8% is in large-cap stocks, 4.2% is in mid-cap stocks, 3.25% in small-cap stocks has 11.19% investment in Debt of which 8.03% in Government securities, 3.16% in funds invested in very low-risk securities. The fund’s equity portion is primarily invested in the Financial, Energy, Communication, Automobile, and Healthcare sectors. The debt portion of the fund has very low credit quality indicating the quality of borrowers it has lent it to is poor.

Absolute Returns

1 Year 2 Year 3 Year 5 Year Since Inception
19.93% 34.72% 18.32% 13.41% 15.47%

Tata Multi-Asset Opportunities Fund – Direct Plan-Growth

This is a new fund launched 2-year back on March 04, 2020, by the Mahindra Manulife Mutual Fund. It is an open-ended highly risky medium-sized fund of its category. The Asset Under Management (AUM) of this fund is worth Rs 1366.15 Crore. Whereas, the Net Asset Value (NAV) declared on 12th May 2022 is Rs 15.3153. The expense ratio of this fund is low compared to the category average and stood at 0.41%.

The minimum investment amount in this required is Rs 5,000 and to start to SIP it is Rs 500. Since its launch, it has delivered 21.34% average annual returns. The fund has a 54.99% allocation to equity and 10.41% to Debt. The fund’s equity portion is primarily invested in the Financial, Energy, Technology, Materials, and Construction sectors. The debt portion of the fund has low credit quality indicating the quality of borrowers it has lent it to is not too great.

Absolute Returns

1 Year 2 Year Since Inception
10.67% 26.69% 21.50%

About the author

bobby

Hi, I am Bobby. Blogger India. I love writing, and reading articles. Blogging is my passion. I have started my blogging career in 2016.

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