Ch.5 · NFO Process and Rules · hard
What is a 'multi-asset allocation fund' as per SEBI's 2017 categorisation?
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EXPLANATION
A multi-asset allocation fund must invest in at least 3 asset classes with a minimum of 10% in each. Common combinations include equity, debt, and gold or international equity. The flexibility to invest across multiple asset classes provides natural diversification and can deliver smoother returns across market cycles.
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