 "investors")
The BSE Sensex fell a steep 2,702 points (4.7 per cent) on Thursday after Russia attacked Ukraine. Investors keen to safeguard themselves from downside risk may seek refuge in a diversified category like multi-asset funds, which invest across equity, debt and gold.
Flexible asset allocation
According to the Securities and Exchange Board of India (Sebi) norms, multi-asset funds must have 10 per cent exposure each to equities, debt and gold.
Aggressive hybrid funds need to maintain a minimum 65 per cent allocation to equities. This can make them susceptible when there is a downturn of the magnitude seen on Thursday. “In our multi-asset
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