Stories
Multi-Asset Funds Outpace Small-Cap Inflows: Which Schemes Led Returns?
M
Moneycontrol•25-09-2026, 15:37
Multi-Asset Funds Outpace Small-Cap Inflows: Which Schemes Led Returns?
- •Multi-asset allocation funds attracted Rs 68,519 crore in net inflows over 12 months ending August 2026, surpassing individual inflows into small-cap (Rs 62,331 crore) and mid-cap (Rs 61,016 crore) funds.
- •Flexi-cap funds led overall inflows with Rs 89,087 crore, but multi-asset funds were the top hybrid category, receiving more than double the inflows of arbitrage funds.
- •Multi-asset funds must invest in at least three asset classes, with a minimum of 10% in each, commonly combining equity, debt, and gold, offering diversified exposure through a single scheme.
- •One-year returns varied significantly among multi-asset funds, with 360 ONE Multi Asset Allocation Fund leading at 15.85%, despite having only 24.7% in equity and 45.16% in gold and other assets.
- •Three-year returns provided a different perspective, with Quant Multi Asset Allocation Fund leading at 21.24%, highlighting that "multi-asset" is a broad category with diverse investment strategies and portfolio compositions.
Key Questions Answered
Multi-asset allocation funds received net inflows of Rs 68,519 crore during the 12 months ended August 2026, which was higher than the Rs 62,331 crore received by small-cap funds and Rs 61,016 crore by mid-cap funds individually.
SEBI regulations require multi-asset allocation funds to invest in a minimum of three asset classes, with each asset class accounting for at least 10 percent of the portfolio.
The 360 ONE Multi Asset Allocation Fund led the one-year trailing returns chart with a return of 15.85 percent at August-end 2026.
