Best Multi Asset allocation Funds
| Fund Name | Year Of inception | Fund rating ( Crisil rated ) | Portfolio Size ( In Cr ) | Expense ratio | PE ratios | Exit Load |
| Quant Multi Asset Fund (G) | 2001 | _ | 2983.94 cr | 1.88 | 20.42 | 1% for redemption within 15 days |
| ICICI Pru Multi Asset Fund (G) | 2002 | _ | 50495.58 cr | 1.48 | 19.11 | For units in excess of 30% of the investment, 1% will be charged for redemption within 365 days |
| UTI Multi Asset Allocation Fund Reg (G) | 2008 | _ | 4059.6 cr | 1.9 | 18.36 | 1% for redemption within 30 days |
| HDFC Multi Asset Fund (G) | 2005 | _ | 3701.65 cr | 1.93 | 18.87 | For units in excess of 15% of the investment, 1% will be charged for redemption within 365 days |
| SBI Multi Asset Allocation Fund Reg (G) | 2005 | _ | 6257.72 cr | 1.48 | 22.83 | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days |
| Axis Multi Asset Allocation Fund Reg (G) | 2010 | _ | 1311.75 cr | 2.11 | 22.34 | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days |
| Nippon India Multi-Asset Allocation Fund Reg | 2020 | _ | 4343.57 cr | 1.52 | 19.52 | For units in excess of 10% of the investment, 1% will be charged for redemption within 12 months |
| Tata Multi Asset Opportunities Fund Reg (G) | 2020 | _ | 3400 cr | 1.87 | 19.16 | For units in excess of 12% of the investment, 1% will be charged for redemption within 365 days |
Quant Multi Asset Fund (G) :
The fund was launched in the year 2001, currently has a portfolio size of 2,983.94 cr. The fund has PE of 20.42. The fund has an expense ratio of 1.88. Fund has a very low exit load of 1% within 15 days of investment.
ICICI Pru Multi Asset Fund (G) :
The fund is the largest by size in the category with fund size of 50,495.58 cr. The fund was launched in 2002. The fund has a low expense ratio of 1.48. PE of the fund is 19.11.
UTI Multi Asset Allocation Fund Reg (G):
This fund was launched in the year 2008, but still has a low fund size of 4,059.6 cr. The expense ratio of the fund is 1.9. PE of 18.36. Exit load of the fund is low at 1% within 30 days.
HDFC Multi Asset Fund (G):
The fund was launched in the year 2005. The fund again has a very small fund size of 3,701.65 cr. The fund has PE of 18.87. The expense ratio is 18.87. The exit load of the fund is 15% units are exit load free within 365 days , 1% for units above 15% units for 365 days.
SBI Multi Asset Allocation Fund Reg (G) :
This fund was launched in the year 2005. The fund size is 6,257.72 cr. The expense ratio of 1.48%. The PE of the fund is high at 22.83 as per the category. Exit load of the fund is units exceeding the 10% would be charged at 1% within 365 days of redemption.
Axis Multi Asset Allocation Fund Reg (G):
This fund was launched in the year 2010. A low fund size of 1,311.75 cr. HIgh expense ratio of the fund 2.11. The fund has a high PE of 22.34. Exit load of the fund is units exceeding the 10% would be charged at 1% within 365 days of redemption.
Nippon India Multi-Asset Allocation Fund Reg :
This was launched in 2020, and was able to garner a fund size of about 4,343.57 cr. The fund has an expense ratio of 1.52. The PE of the fund is stable at 19.52. Exit load of the fund is units exceeding the 10% would be charged at 1% within 365 days of redemption.
Tata Multi Asset Opportunities Fund Reg (G) :
Another multi asset fund to be launched in the year 2020, the current fund size is 3,400 cr. The expense ratio of the fund is 1.87. The PE of 19.16. Exit load of the fund is units exceeding the 12% would be charged at 1% within 365 days of redemption.
Trailing Returns :
| Scheme | 3 months | 6 months | 1 year | 3 years | 5 years | 7 years | 10 years | 12 Years | 15 years |
| Quant Multi Asset Fund (G) | 2.71 | 8.93 | 46.39 | 21.28 | 29.04 | 21.75 | 17.53 | 15.7 | 13.8 |
| ICICI Pru Multi Asset Fund (G) | 2.82 | 10.47 | 29.57 | 19.13 | 22.23 | 16.41 | 15.02 | 16.8 | 15.3 |
| UTI Multi Asset Allocation Fund Reg (G) | 4 | 12.34 | 38.6 | 18.11 | 16.96 | 12.28 | 10.5 | 10.22 | 10.24 |
| HDFC Multi Asset Fund (G) | 2.6 | 10.17 | 24.67 | 12.57 | 16.4 | 12.3 | 11.16 | 11.39 | 11.06 |
| SBI Multi Asset Allocation Fund Reg (G) | 1.79 | 9.68 | 25.17 | 14.16 | 15.2 | 12.22 | 11.51 | 11.7 | 10.91 |
| Axis Multi Asset Allocation Fund Reg (G) | 3.63 | 14.36 | 25.99 | 7.39 | 13.97 | 11.78 | 10.78 | 10.22 | |
| Nippon India Multi-Asset Allocation Fund Reg | 2.79 | 13.14 | 34.17 | 15.54 | |||||
| Tata Multi Asset Opportunities Fund Reg (G) | 1.29 | 10.06 | 25.75 | 13.55 | – | – | – | – | – |
1 year trailing
1st quartile : 39- 47%- Quant Multi Asset Fund
2rd quartile : 31-39% – UTI Multi Asset Allocation Fund Reg (G), Nippon India Multi-Asset Allocation Fund Reg,
3rth quartile : 23- 31% –ICICI Pru Multi Asset Fund (G), HDFC Multi Asset Fund (G), SBI Multi Asset Allocation Fund Reg (G), Axis Multi Asset Allocation Fund Reg (G), Tata Multi Asset Opportunities Fund Reg (G)
4th quartile : 15- 23% – Non of the funds in discussion was in the bottom
3 years trailing return
1st quartile : 18.25- 22% – Quant Multi Asset Fund , ICICI Pru Multi Asset Fund (G)
2rd quartile : 14.5 – 18.25% – UTI Multi Asset Allocation Fund Reg (G), Nippon India Multi-Asset Allocation Fund Reg
3rth quartile : 10.75 – 14.5% – HDFC Multi Asset Fund (G), SBI Multi Asset Allocation Fund Reg (G), Tata Multi Asset Opportunities Fund Reg (G)
4th quartile : 7- 10.75%, Axis Multi Asset Allocation Fund Reg (G)
5 years trailing returns
1st quartile : 24.5- 30% – Quant Multi Asset Fund
2rd quartile : 19 – 24.5% –ICICI Pru Multi Asset Fund (G)
3rth quartile : 13.5- 19% – UTI Multi Asset Allocation Fund Reg (G), HDFC Multi Asset Fund (G), SBI Multi Asset Allocation Fund Reg (G), Axis Multi Asset Allocation Fund Reg (G)
4th quartile : 8 – 13.5% – No funds under discussion were in this category
Nippon India Multi-Asset Allocation Fund Reg and Tata Multi Asset Opportunities Fund Reg (G) were not launched
10 years trailing returns
1st quartile : 16-18% – Quant Multi Asset Fund (G)
2rd quartile : 14-16% – ICICI Pru Multi Asset Fund (G)
3rth quartile : 12-14% – no fund delivered in this zone
4th quartile : 10- 12% – UTI Multi Asset Allocation Fund Reg (G), HDFC Multi Asset Fund (G), SBI Multi Asset Allocation Fund Reg (G), Axis Multi Asset Allocation Fund Reg (G)
Nippon India Multi-Asset Allocation Fund Reg and Tata Multi Asset Opportunities Fund Reg (G) were not launched
15 years trailing returns
1st quartile : 14.5- 16% – ICICI Pru Multi Asset Fund (G)
2rd quartile : 13-14.5% – Quant Multi Asset Fund
3rth quartile : 11.5-13% – None of the fund under discussion delivered in this range
4th quartile : 10- 11.5% – UTI Multi Asset Allocation Fund Reg (G), HDFC Multi Asset Fund (G), SBI Multi Asset Allocation Fund Reg (G)
Nippon India Multi-Asset Allocation Fund Reg,Axis Multi Asset Allocation Fund Reg (G) and Tata Multi Asset Opportunities Fund Reg (G) were not launched
Rolling returns
| Return % | Return Consistency (% of times) | |||||||||
| Average | Median | MaximumReturn % | Minimum | Less than 0% | 0-8% | 8-12% | 12-15% | 15-20% | Greater Than 20% | |
| Quant Multi Asset Fund (G) | 13.63 | 7.53 | 44.25 | -11.08 | 1.02 | 52.14 | 14.01 | 1.95 | 1.3 | 29.58 |
| ICICI Pru Multi Asset Fund (G) | 14.89 | 15.08 | 34.35 | -4.71 | 1.07 | 16.52 | 19.4 | 12.83 | 22.14 | 28.04 |
| UTI Multi Asset Allocation Fund Reg (G) | 8.53 | 8.14 | 19.5 | -4.62 | 1.51 | 47.33 | 34.27 | 9.46 | 7.43 | 0 |
| HDFC Multi Asset Fund (G) | 10.39 | 10.67 | 25.05 | -4.21 | 1.07 | 26.35 | 39.54 | 22.98 | 8.67 | 1.39 |
| SBI Multi Asset Allocation Fund Reg (G) | 10.28 | 10.76 | 17.25 | 0.35 | 0 | 26.77 | 38.08 | 31.62 | 3.53 | 0 |
| Axis Multi Asset Allocation Fund Reg (G) | 9.65 | 8.97 | 22.39 | -0.95 | 0.05 | 36.44 | 44.78 | 9.79 | 7.47 | 1.48 |
| Nippon India Multi-Asset Allocation Fund Reg (G) | 16.05 | 16.16 | 17.68 | 14.11 | 0 | 0 | 0 | 19.13 | 80.87 | 0 |
| Tata Multi Asset Opportunities Fund Reg (G) | 16.93 | 16.04 | 23.86 | 13.55 | 0 | 0 | 0 | 15.93 | 73.73 | 10.34 |
We are looking at 3 y Rolling returns starting year 2010
15% > Is the returns that we look forward to
80% of time was delivered by Tata Multi Asset Opportunities Fund Reg (G) and Nippon India Multi-Asset Allocation Fund Reg (G)
50% of times and above the ICICI Pru Multi Asset Fund (G)
30% of times and above Quant Multi Asset Fund (G)
10% of times and above HDFC Multi Asset Fund (G)
10% of times and below Motilal Oswal Multi-Asset Fund Reg (G), UTI Multi Asset Allocation Fund Reg (G), SBI Multi Asset Allocation Fund Reg (G), and Axis Multi Asset Allocation Fund Reg (G)
12% Rolling Returns and negative returns
100% of time was delivered by Tata Multi Asset Opportunities Fund Reg (G) and Nippon India Multi-Asset Allocation Fund Reg (G)
60% of times and above ICICI Pru Multi Asset Fund (G)
30% of times and above Quant Multi Asset Fund (G), HDFC Multi Asset Fund (G) and SBI Multi Asset Allocation Fund Reg (G)
20% of times and below UTI Multi Asset Allocation Fund Reg (G) and Axis Multi Asset Allocation Fund Reg (G)
Vs Category Average
| Scheme | 1 year | 3 years | 5 years | 10 years |
| Quant Multi Asset Fund (G) | 46.39 | 21.28 | 29.04 | 17.53 |
| ICICI Pru Multi Asset Fund (G) | 29.57 | 19.13 | 22.23 | 15.02 |
| UTI Multi Asset Allocation Fund Reg (G) | 38.6 | 18.11 | 16.96 | 10.5 |
| HDFC Multi Asset Fund (G) | 24.67 | 12.57 | 16.4 | 11.16 |
| SBI Multi Asset Allocation Fund Reg (G) | 25.17 | 14.16 | 15.2 | 11.51 |
| Axis Multi Asset Allocation Fund Reg (G) | 25.99 | 7.39 | 13.97 | 10.78 |
| Nippon India Multi-Asset Allocation Fund Reg | 34.17 | 15.54 | ||
| Tata Multi Asset Opportunities Fund Reg (G) | 25.75 | 13.55 | ||
| Category Average | 27.78 | 14.72 | 19.02 | 12.76 |
1 year trailing
1st quartile : 39- 47%- Quant Multi Asset Fund
2rd quartile : 31-39% – UTI Multi Asset Allocation Fund Reg (G), Nippon India Multi-Asset Allocation Fund Reg,
3rth quartile : 23- 31% –ICICI Pru Multi Asset Fund (G),
HDFC Multi Asset Fund (G), SBI Multi Asset Allocation Fund Reg (G), Axis Multi Asset Allocation Fund Reg (G), Tata Multi Asset Opportunities Fund Reg (G) were not able to beat the category.
3 years trailing return
1st quartile : 18.25- 22% – Quant Multi Asset Fund , ICICI Pru Multi Asset Fund (G)
2rd quartile : 14.5 – 18.25% – UTI Multi Asset Allocation Fund Reg (G), Nippon India Multi-Asset Allocation Fund Reg
HDFC Multi Asset Fund (G), SBI Multi Asset Allocation Fund Reg (G), Tata Multi Asset Opportunities Fund Reg (G), Axis Multi Asset Allocation Fund Reg (G) could not beat the category average.
5 years trailing returns
1st quartile : 24.5- 30% – Quant Multi Asset Fund
2rd quartile : 19 – 24.5% –ICICI Pru Multi Asset Fund (G)
UTI Multi Asset Allocation Fund Reg (G), HDFC Multi Asset Fund (G), SBI Multi Asset Allocation Fund Reg (G), Axis Multi Asset Allocation Fund Reg (G) could not beat the category average.
Nippon India Multi-Asset Allocation Fund Reg and Tata Multi Asset Opportunities Fund Reg (G) were not launched
10 years trailing returns
1st quartile : 16-18% – Quant Multi Asset Fund (G)
2rd quartile : 14-16% – ICICI Pru Multi Asset Fund (G)
UTI Multi Asset Allocation Fund Reg (G), HDFC Multi Asset Fund (G), SBI Multi Asset Allocation Fund Reg (G), Axis Multi Asset Allocation Fund Reg (G) could not beat the category average.
Nippon India Multi-Asset Allocation Fund Reg and Tata Multi Asset Opportunities Fund Reg (G) were not launched
Ratios :
| Fund Name | Alpha 3Y | Beta 3Y | Std deviation 3Y | Sharpe Ratio 3Y | Sortino Ratio |
| Quant Multi Asset Fund (G) | 10.24 | 0.78 | 12.55 | 1.34 | 1.92 |
| ICICI Pru Multi Asset Fund (G) | 9.11 | 0.57 | 7.21 | 1.93 | 3.18 |
| UTI Multi Asset Allocation Fund Reg (G) | 6.77 | 0.65 | 8.14 | 1.50 | 2.93 |
| HDFC Multi Asset Fund (G) | 3.08 | 0.52 | 6.17 | 1.21 | 2.17 |
| SBI Multi Asset Allocation Fund Reg (G) | 4.56 | 0.51 | 6.92 | 1.28 | 2.21 |
| Axis Multi Asset Allocation Fund Reg (G) | -3.62 | 0.84 | 9.9 | 0.34 | 0.67 |
| Nippon India Multi-Asset Allocation Fund Reg | 4.63 | 0.71 | 8.47 | 1.25 | 2.46 |
| Tata Multi Asset Opportunities Fund Reg (G) | 3.05 | 0.65 | 7.37 | 1.15 | 2.01 |
Fund managers Longevity :
Quant Multi Asset Fund (G) :
The fund is being managed by a total of 5 fund managers. Along with Mr Sandeep Tandon, CIO of Quant AMC. They have been managing the fund for about 5 years now.
ICICI Pru Multi Asset Fund (G) :
The fund is being managed by all the stalwarts of the ICICI Prudential team. Total of 7 fund managers are managing. Mr S Naren, the CIO, has been managing the fund for 12 years. Along with another manager. The debt managers are new in the fund. With 2 ETF fund managers.
UTI Multi Asset Allocation Fund Reg (G):
The fund is being managed by 2 fund managers, but they have been managing the fund now for just 3 years and 1 year . One of the fund managers has 19 years industry experience, the other is just 3 years of industry experience.
HDFC Multi Asset Fund (G) :
The fund is being managed by team 6 fund managers. One manager has been managing the fund for about 19 years. Other fund managers have been managing funds for the last 3-4 years.
SBI Multi Asset Allocation Fund Reg (G):
The fund is being managed by 4 fund managers. The team is relatively new with just 1 to 3 years of experience in the fund.
Axis Multi Asset Allocation Fund Reg (G):
The fund is being managed by 5 fund managers. Of which one fund has been managing the fund for 5 years. Rest are new to the fund.
Nippon India Multi-Asset Allocation Fund Reg:
The fund is being managed by 4 fund managers. This team has been managing the fund for 4 years.
Tata Multi Asset Opportunities Fund Reg (G):
The fund has been managed by 4 fund managers for the last 4 years.
Portfolio :
| Fund Name | Strategy | Top Sectors( %) | Top Stock( %) | Allocation( %) | No of Stocks/ No of Debt securities | Portfolio Churn( %) |
| Quant Multi Asset Fund (G) | Large cap growth High Quality Low duration | Energy and utility : 17.01% FInancial : 15.26% Consumer staples : 9.17% Industrials : 6.14 | ITC : 9.17% Reliance Ind : 8.93% Premier Energies : 8.07% LIC : 6.77% JIO : 6.09% | Large cap : 38.93% Mid cap : 8.65% Debt : 10.53% Commodities : 9.95% Real Estate : 3.5% Cash : 28.44% | Stocks : 8 Debt Securities : 69 | 145% |
| ICICI Pru Multi Asset Fund (G) | Large cap growth Medium Risk Medium Duration | Financials : 19.71% Energy : 7.94% Consumer Dis: 6.67% Materials : 5.61 | HDFC Bank : 4.72% ICICI bank : 4.70% Maruti Suzuki : 4.12% NTPC: 3.38% | Large cap : 43.98% Mid cap : 4.84% Small cap : 0.98% Debt : 15.28% Commodities :11.9% Real Estate : 1.1% Cash : 21.92% | Stock : 73 Debt Securities : 69 | 36% |
| UTI Multi Asset Allocation Fund Reg (G) | Large Cap growth High Quality Medium Duration | Consumer discretionary : 8.69% Technology : 7.94 Financial : 6.91 Industrial : 6.19 | Reliance: 3.74% HDFC : 3.07% Bharti : 2.28% L&T : 2.25% | Large cap : 43.85% Mid cap : 3.33% Small Cap : 0 Debt : 15.34% Commodities : 13.17% Cash : 24.31% | Stocks : 95 Debt Securities : 69 | 119% |
| HDFC Multi Asset Fund (G) | Large cap growth High Quality Medium Duration | Financial : 15.01 Technology : 7.09 Consumer discretionary : 5.16 Healthcare : 5.14 | HDFC : 5.58 Axis bank : 4.96 ICICI bank : 4.54 M& m 3.44 | Large cap : 39.59% Mid cap : 3.71% Small cap : 2.66% Debt : 13.65% Commodities : 11.19% Real Estate :2.45% Cash : 26.75% | Stocks : 70 Debt securities : 69 | 16% |
| SBI Multi Asset Allocation Fund Reg (G) | Medium Cap Medium Quality Medium duration | Financial : 9.33 Consumer discretionary : 7.9 Industrial : 4.87 Energy : 4.82 | VRL : 1.69% Gail : 1.67 ZF commercial : 1.61 Whirlpool : 1.40 | Large cap : 14.96% Mid cap : 13.97% Small cap : 8.53 Debt : 39.51% Commodities :16% Real Estate : 2.31% Cash :4.72% | Stocks “ 49 Debt securities : 69 | 49% |
| Axis Multi Asset Allocation Fund Reg (G) | Large Cap growth High quality Medium duration | FInancial : 15.39 Consumer disc. 9.46 Industrial : 9.05 Technology : 7.72 | ICICI bank : 4.21 Infosys : 3.62 HDFC bank : 3.30 L& T : 2.2 | Large cap : 40.55 Mid cap : 15.34 Small cap : 5.54 Debt : 18.74 Commodities :13.31 Real Estate : 0.61% Cash :5.91% | Stocks : 62 Debt securities : 69 | 90% |
| Nippon India Multi-Asset Allocation Fund Reg | Large cap growth High Quality Low Duration | Financials : 16.8 Consumer disc. : 7.72 Industrial : 7.37 Technology : 6.34 Energy : 6.09 | IShares MSCI World ETF Forgn.MF: 12.46 HDFC bank : 2.79 ICICI bank : 2.49 Infosys : 2.2 | Large cap : 56.28% Mid cap : 8.33 Small cap : 1.96 Debt : 15.26 Commodities :16.41 Real Estate : 0 Cash : 1.68% | Stocks :80 Debt securities : 69 | 51% |
| Tata Multi Asset Opportunities Fund Reg (G) | Large cap Growth oriented Debt – HIgh Quality Medium term | Financials : 15.96 Energy & utilities : 7.19 Industrails : 7.1 Technology : 6.73 | HDFC : 4.75% ICICI : 3.5% Reliance : 3.07% L& t : 2.75% | Large cap : 43.18% Mid cap : 6.77% Small : 5.63% Debt 8.44% Commodities : 10.29% Cash : 25.69% | Stocks : 70 Debt : 106 | 112% |
Conclusion :
Multi Asset funds offer a disciplined and diversified investment strategy that aims to mitigate risk and generate consistent returns. By spreading investments across various asset classes like stocks, bonds, gold and cash equivalents, these funds provide a balanced portfolio that can weather market fluctuations.
You can reach us to help you design the best fund portfolio , so that you get best results according to your need and assessment.( you can reach us : https://wa.me/message/LC5W5ZNTPSJ5L1)
