Multi-asset funds score big as gold, REITs and InvITs boost returns
Mumbai: Multi-asset funds, which invest across equities, fixed income, precious metals, REITs, InvITs and overseas equities, have outperformed the Nifty over the past one- and three-year periods. The category delivered average returns of 11.44% and 14.45%, respectively, compared with a 1.26% decline and an 8.57% gain for the Nifty, according to Value Research data.The outperformance has been aided by strong returns from asset classes outside equities, particularly precious metals. Domestic gold…

