Terminology - Mutual Fund
The
traditional types of multi asset funds are balanced funds & monthly income
funds, which invest only in 2 assets-equity and debt.
The newer
ones offer exposure to more assets.
So, in
India, to cash in on the rally in gold, a few mutual fund houses have launched
funds that invest in equity, debt as well as gold, while in western markets
multi-asset funds invest in all assets ranging from equity, debt, real estate,
commodities, private equity and hedge funds.
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