Investors Turn to Multi-Asset Funds for Gold, Silver Exposure

Think of a multi-asset fund like a lunchbox that must always carry at least three different food groups.

Inside, it holds stocks, bonds, and precious metals like gold and silver.

Last year, gold did really well, so these lunchbox funds made good returns of about 15 to 17 out of every 100 rupees or dollars.

Because of that, lots of people started putting money into them — much more than into other similar funds.

One expert says people should be careful, though.

Gold and silver don't always go up; they go in up-and-down cycles and can make your money wobble.

Recently, gold prices have stayed steady, so these funds have slowed down and some even lost money over six months.

The expert says choosing investments because they recently did well can be a mistake.

Instead, people should pick based on long-term goals and how much risk they can handle.