2024-03-08 05:28:56
Mumbai: There are ups and downs again in the stock market this time. Just look at today. The market was negative in the morning. BSE Sensex had fallen by more than 400 points. But at the end of trading it was seen up by 535 points. In such a situation, small investors are advised to invest in multi asset allocation funds. That is why Mahindra Manulife Mutual Fund has launched ‘Multi Asset Allocation Fund’ for investors wishing to invest across diverse asset classes (equity, debt and gold/silver ETF units). This NFO has opened and investments can be made in it till March 5. It will later reopen for continuous selling and buyback from March 15, 2024.
Rebalancing will happen regularly
According to the information received, the asset allocation will be regularly rebalanced by the fund managers based on the changing dynamics of the market. Diversified portfolio aimed at providing stability of fixed income, growth potential of equities and opportunity to investors to avoid capital gains taxation (‘LTCG’) in the long run with the benefit of indexation.
Can be in every investor’s portfolio
Anthony Heredia, MD and CEO, Mahindra Manulife Investment Management, said he is excited to announce the launch of its Multi-Asset Allocation Fund. This is a product that can be in every investor’s portfolio. The market will always present challenges as well as opportunities, and thoughtful diversification between asset classes is one of the ways to make the best of the opportunity, without sacrificing risk. Mahindra Manulife Multi Asset Allocation Fund gives investors the opportunity to access multiple asset classes within a single product including equity, debt and gold/silver ETFs.
implement multiple strategies
This scheme combines multiple strategies while selecting different asset classes. The scheme will follow top-down and bottom-up methods while selecting equity and equity related instruments, while debt will be used in taking debt investment decisions. Asset allocation in practice
Both SIP and lump sum work in this. Asset allocation has come into play, making market level less important. Those who have excess cash can consider lump sum investments in these schemes, while other investors can opt for SIPs.