Analytics, not advice. Rankings and scores describe past performance and are not recommendations.

Top Multi Asset Allocation Funds in India — ranked by FundScore

Multi asset allocation funds must hold at least 10% each in three or more asset classes — typically equity, debt and gold. The built-in diversification across assets that move differently makes the category one of the smoother ways to hold risk assets.

The ranking below is a published-formula percentile within this SEBI category (consistency, recency and volatility of returns) — refreshed daily from public AMFI NAV data. It describes past performance; it is not a recommendation to buy or sell.

Funds shown

Top of the category by FundScore

Median 1Y return

11.57%

Across the funds shown

Median expense ratio

—

Direct plans, across the funds shown

Top 25 multi asset allocation funds

Sorted by FundScore percentile within the category. Click any fund for NAV history, rolling returns and holdings.

#	Fund	FundScore	1Y	3Y	5Y	Expense	AUM
1	quant Multi Asset Allocation Fund-GROWTH OPTION-Direct Plan quant Mutual Fund	strong · p100	21.65%	23.91%	20.87%	—	—
2	Nippon India Multi Asset Allocation Fund - Direct Plan - Growth Option Nippon India Mutual Fund	strong · p99	14.43%	19.46%	16.47%	—	—
3	SBI MULTI ASSET ALLOCATION FUND - DIRECT PLAN - GROWTH SBI Mutual Fund	strong · p98	11.46%	16.37%	14.14%	—	—
4	ICICI Prudential Multi-Asset Fund - Direct Plan - Growth ICICI Prudential Mutual Fund	strong · p97	7.17%	16.19%	18.03%	—	—
5	UTI Multi Asset Allocation Fund - Direct Plan - Growth Option UTI Mutual Fund	strong · p96	6.20%	16.41%	14.30%	—	—
6	Tata Multi Asset Allocation Fund-Direct Plan-Growth Tata Mutual Fund	strong · p95	8.73%	14.54%	13.77%	—	—
7	Axis Multi Asset Allocation Fund - Direct Plan - Growth Option Axis Mutual Fund	strong · p94	11.69%	13.67%	10.71%	—	—
8	WhiteOak Capital Multi Asset Allocation Fund Direct Plan Growth WhiteOak Capital Mutual Fund	strong · p93	12.91%	16.72%	—	—	—
9	Aditya Birla Sun Life Multi Asset Allocation Fund-Direct Growth Aditya Birla Sun Life Mutual Fund	strong · p92	13.76%	16.60%	—	—	—
10	HDFC Multi-Asset Fund - Growth Option - Direct Plan HDFC Mutual Fund	strong · p91	4.79%	12.33%	11.93%	—	—
11	Baroda BNP Paribas Multi Asset Fund - Direct Plan - Growth Option Baroda BNP Paribas Mutual Fund	strong · p90	8.40%	15.48%	—	—	—
12	Edelweiss Multi Asset Allocation Fund - Direct Plan - Growth Edelweiss Mutual Fund	strong · p89	6.57%	7.70%	—	—	—
13	DSP Multi Asset Allocation Fund - Direct - Growth DSP Mutual Fund	strong · p88	18.08%	—	—	—	—
14	Kotak Multi Asset Allocation Fund - Direct Plan - Growth Option Kotak Mahindra Mutual Fund	strong · p87	19.80%	—	—	—	—
15	Mahindra Manulife Multi Asset Allocation Fund- Direct Plan - Growth Mahindra Manulife Mutual Fund	strong · p86	15.19%	—	—	—	—
16	Invesco India Multi Asset Allocation Fund - Direct Plan - Growth Invesco Mutual Fund	strong · p85	15.15%	—	—	—	—
17	Bandhan Multi Asset Allocation Fund - Direct Plan - Growth Bandhan Mutual Fund	strong · p84	14.82%	—	—	—	—
18	HSBC Multi Asset Allocation Fund - Direct - Growth HSBC Mutual Fund	strong · p83	15.99%	—	—	—	—
19	Union Multi Asset Allocation Fund- Direct Plan - Growth Option Union Mutual Fund	strong · p82	13.84%	—	—	—	—
20	Bank of India Multi Asset Allocation Fund-Direct Plan-Growth Bank of India Mutual Fund	strong · p81	11.21%	—	—	—	—
21	Mirae Asset Multi Asset Allocation Fund - Direct Plan - Growth Mirae Asset Mutual Fund	strong · p80	11.29%	—	—	—	—
22	Bajaj Finserv Multi Asset Allocation Fund - Direct Growth Bajaj Finserv Mutual Fund	steady · p79	10.81%	—	—	—	—
23	Canara Robeco Multi Asset Allocation Fund - Direct Plan - Growth Canara Robeco Mutual Fund	steady · p78	10.01%	—	—	—	—
24	Shriram Multi Asset Allocation Fund - Direct Growth Shriram Mutual Fund	steady · p77	8.69%	—	—	—	—
25	Zerodha Life Cycle Fund 2036 - Direct - Growth Zerodha Mutual Fund	steady · p76	—	—	—	—	—

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