Multi-asset allocation mutual funds: Nippon India, HDFC feature among SIP top performers and laggards
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Top multi asset performers in 2 years
Systematic investment plans (SIPs) across major equity fund categories have delivered returns over the past two years even as most benchmark indices struggled during the period. Here are the top three performers and three laggards, as reported by ETBureau.
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Kotak Multi Asset Allocation Fund
Kotak Multi Asset Allocation Fund delivered the highest return of around 14.21% on SIP investments in the last two years.
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Other two multi asset performers
Quant Multi Asset Allocation Fund and Nippon India Multi Asset Allocation Fund delivered a return of 13.18% and 12.10% respectively on SIP investments.
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Category average and benchmark performance
In the last two years, the multi asset allocation fund category gave an average of 8.51% and the benchmark - Nifty 500 - TRI gave 0.77%.
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Three laggards in multi asset category
Quantum Multi Asset Allocation Fund, UTI Multi Asset Allocation Fund and HDFC Multi Asset Allocation Fund were the three laggards which delivered a return of 1.05%, 3.39% and 3.60% respectively on SIP investments in the last two years.
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Ahead and trailing benchmark
In the past two years, 24 multi asset allocation funds were ahead of the benchmark whereas no fund in the category was trailing the benchmark.
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Resilience in SIP returns
The report further said that most schemes across categories outperformed SIP investments in their respective benchmark indices. The resilience of SIP returns comes amid a sharp increase in monthly contributions by retail investors. Monthly SIP flows stood at Rs 32,297 crore in August 2026, compared with Rs 23,547 crore in August 2024, an increase of about 37%.