Multi-asset funds deliver stellar gains in 2025. How much did the metals rally contribute?
Multi-asset allocation funds emerged as the standout performers in 2025, powered by the sharp rally in precious metals that overshadowed returns from the equity market, as reported by ET Bureau.
Written by
,
Jan 02, 2026, 02:47:20 PM IST
1/5
Standout performer
Multi-asset allocation funds emerged as the standout performers in 2025, powered by the sharp rally in precious metals that overshadowed returns from the equity market, as reported by ET Bureau.
iStock
2/5
Gold and silver movement
Gold prices surged 76% during the year, while silver soared an astonishing 155%, giving funds with diversified exposure a decisive edge.
ETMarkets.com
3/5
Precious metals magic
Data from Value Research showed that multi-asset allocation funds delivered an average return of nearly 17%, ahead of equity-oriented categories. These funds benefited from their allocation to gold and silver, cushioning portfolios against the drag from equities.
ET Online
4/5
Equity categories struggle to outperform
Equity fund categories, meanwhile, witnessed mixed performances but struggled to beat their respective benchmarks in 2025. Other diversified segments such as flexicap and multicap also fell short of their benchmarks, highlighting that active equity strategies broadly failed to keep pace with index performance.
IANS
5/5
These sailed through
Balanced advantage funds, another hybrid category that adjusts bets between equity and debt based on market conditions, managed a relatively modest 5.9% average return.
iStock
Read more on