AlphaView
Log inSign up free
  • Markets
  • Mutual Funds
  • IPO Watch
  • Fixed Income
  • Where to Invest
  • News
  • Calendar
MarketsFundsNewsIPO

Markets

  • Stocks & Indices
  • All NSE Stocks A–Z
  • Stocks by Sector
  • Stock Screener
  • Compare Stocks
  • Upcoming IPOs

By Sector

  • Financial Services
  • Technology
  • Healthcare
  • Consumer Cyclical
  • Consumer Defensive
  • Industrials

Mutual Funds

  • All Mutual Funds
  • Fund Categories
  • Best Large Cap Funds
  • Best Mid Cap Funds
  • Best Small Cap Funds
  • Best Flexi Cap Funds

Company

  • About
  • Contact
  • Privacy Policy
  • Terms of Service
  • Refund Policy

© 2026 AlphaView. Market data is for informational purposes only and is not investment advice.

Built for Indian retail investors · NSE · BSE · Mutual Funds

Mutual Funds/Categories/Multi Asset Allocation

Best Multi Asset Allocation Mutual Funds in India

Funds spread across equity, debt and commodities like gold. Ranked by 3-year annualised returns (Direct-Growth plans).

#FundNAV1Y3Y5YAUM (Cr)
1quant Multi Asset Allocation Fund-GROWTH OPTION-Direct Planquant Mutual Fund₹185.10+21.65%+23.94%+20.94%5,980
2Nippon India Multi Asset Allocation Fund - Direct Plan - Growth OptionNippon India Mutual Fund₹26.66+14.60%+19.19%+16.59%16,000
3WhiteOak Capital Multi Asset Allocation Fund Direct Plan GrowthWhiteOak Capital Mutual Fund₹16.48+12.91%+16.73%+0.00%7,763
4UTI Multi Asset Allocation Fund - Direct Plan - Growth OptionUTI Mutual Fund₹87.93+6.53%+16.57%+14.53%6,890
5Aditya Birla Sun Life Multi Asset Allocation Fund-Direct GrowthAditya Birla Sun Life Mutual Fund₹17.67+14.24%+16.48%+0.00%6,989
6SBI MULTI ASSET ALLOCATION FUND - DIRECT PLAN - GROWTHSBI Mutual Fund₹74.40+11.70%+16.48%+14.33%19,354
7ICICI Prudential Multi-Asset Fund - Direct Plan - GrowthICICI Prudential Mutual Fund₹893.74+7.26%+16.10%+18.27%84,991
8Baroda BNP Paribas Multi Asset Fund - Direct Plan - Growth OptionBaroda BNP Paribas Mutual Fund₹16.84+9.29%+15.33%+0.00%1,447
9Tata Multi Asset Allocation Fund-Direct Plan-GrowthTata Mutual Fund₹28.12+9.07%+14.36%+13.94%5,155
10Axis Multi Asset Allocation Fund - Direct Plan - Growth OptionAxis Mutual Fund₹52.17+12.10%+13.83%+11.02%2,384
11HDFC Multi-Asset Fund - Growth Option - Direct PlanHDFC Mutual Fund₹83.75+4.79%+12.36%+11.99%5,881
12Edelweiss Multi Asset Allocation Fund - Direct Plan - GrowthEdelweiss Mutual Fund₹12.58+6.59%+7.72%+0.00%2,863
13Mahindra Manulife Multi Asset Allocation Fund- Direct Plan - GrowthMahindra Manulife Mutual Fund₹14.26+15.19%+0.00%+0.00%1,152
14Mirae Asset Multi Asset Allocation Fund - Direct Plan - GrowthMirae Asset Mutual Fund₹13.93+11.67%+0.00%+0.00%3,478
15PGIM India Multi Asset Allocation Fund - Direct Plan - Growth OptionPGIM India Mutual Fund₹10.54+0.00%+0.00%+0.00%281
16Quantum Multi Asset Allocation Fund - Direct Plan Growth OptionQuantum Mutual Fund₹12.22+3.82%+0.00%+0.00%57
17Samco Multi Asset Allocation Fund - Direct Plan - GrowthSamco Mutual Fund₹12.35+2.90%+0.00%+0.00%410
18Shriram Multi Asset Allocation Fund - Direct GrowthShriram Mutual Fund₹13.74+9.17%+0.00%+0.00%139
19Sundaram Multi Asset Allocation Fund Direct Plan GrowthSundaram Mutual Fund₹13.52+7.44%+0.00%+0.00%3,268
20The Wealth Company Multi Asset Allocation Fund - Direct GrowthThe Wealth Company Mutual Fund₹10.73+0.00%+0.00%+0.00%188
21Union Multi Asset Allocation Fund- Direct Plan - Growth OptionUnion Mutual Fund₹12.34+14.68%+0.00%+0.00%978
22Kotak Multi Asset Allocation Fund - Direct Plan - Growth OptionKotak Mahindra Mutual Fund₹16.30+20.08%+0.00%+0.00%14,309
23Bajaj Finserv Multi Asset Allocation Fund - Direct GrowthBajaj Finserv Mutual Fund₹12.56+10.81%+0.00%+0.00%1,875
24Bandhan Multi Asset Allocation Fund - Direct Plan - GrowthBandhan Mutual Fund₹14.65+14.78%+0.00%+0.00%3,491
25Bank of India Multi Asset Allocation Fund-Direct Plan-GrowthBank of India Mutual Fund₹12.92+11.44%+0.00%+0.00%365
26Canara Robeco Multi Asset Allocation Fund - Direct Plan - GrowthCanara Robeco Mutual Fund₹11.21+10.82%+0.00%+0.00%1,306
27Capitalmind Multi Asset Allocation Fund-Direct-GrowthCapitalmind Mutual Fund₹9.94+0.00%+0.00%+0.00%37
28DSP Multi Asset Allocation Fund - Direct - GrowthDSP Mutual Fund₹16.68+18.54%+0.00%+0.00%10,105
29Franklin India Multi Asset Allocation Fund- Direct-GrowthFranklin Templeton Mutual Fund₹11.05+0.00%+0.00%+0.00%2,826
30HSBC Multi Asset Allocation Fund - Direct - GrowthHSBC Mutual Fund₹14.22+18.14%+0.00%+0.00%3,041

Returns are annualised for periods over 1 year. Past performance does not guarantee future returns. This is not investment advice.

Other categories

Large CapMid CapSmall CapFlexi CapLarge & Mid CapMulti CapELSS (Tax Saver)FocusedIndexSectoral / ThematicAggressive HybridBalanced AdvantageConservative HybridArbitrageLiquidMoney MarketCorporate BondShort DurationGilt