Are multi-asset passive mutual funds a one-stop solution for investors’ asset allocation, fund selection problems?

view original post

With both equity and bond markets delicately poised, asset managers are leaning more towards the multi-asset strategies. ICICI Prudential AMC’s latest offering—combining domestic equities, bonds, international equities and gold in one package— comes wrapped in a passive avatar. Motilal Oswal AMC also came out with a passive multi-asset strategy early last year. Is this the one-stop solution for investors’ asset allocation and fund selection