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Best multi-asset allocation funds to invest in 2023

In 2023, investors prefer multi-asset allocation funds like ICICI Prudential Multi-Asset Fund, which delivered a 16.52% return over 5 years and 17.73% over 10 years, and Quant Multi-Asset Fund, which provided returns of 23.72% over 5 years and 14.66% over 10 years.

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Best large cap mutual funds to invest in 2023

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Credit offtake increased by 19.8% YoY driven by HDFC merger and growth in personal loans, according to CareEdge Ratings. Deposits also saw healthy growth, reaching a 6-year high.

Rupee falls 14 paise to settle at 83.27 against US dollar

<ul><li>At the interbank foreign exchange, the domestic unit opened at 83.19 and traded between a high of 83.17 and a low of 83.27 against the greenback during the day.</li></ul>

Gold declines  <span class='webrupee'>₹</span>150, silver tumbles  <span class='webrupee'>₹</span>850; check rates here

<ul><li>In the international markets, both gold and silver were quoting lower at USD 1,912 per ounce and USD 23.05 per ounce, respectively.</li></ul>

Market Wrap: Sensex declines 78 points on profit taking in IT, banking shares, weak Asian cues; Nifty closes flat

Stocks

<ul><li>The 30-share BSE Sensex fell 78.22 points or 0.12 per cent to settle at 65,945.47 with 14 of its components closing lower and 16 advancing. The broader Nifty dipped 9.85 points or 0.05 per cent to end at 19,664.70.</li></ul>

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<ul><li>Unlock the path to financial freedom with Mark Cuban's practical and effective money advice. Learn to sell, save, and live cheaply for true wealth creation.</li></ul>

Best multi-asset allocation funds to invest in 2023

In 2023, investors prefer multi-asset allocation funds like ICICI Prudential Multi-Asset Fund, which delivered a 16.52% return over 5 years and 17.73% over 10 years, and Quant Multi-Asset Fund, which provided returns of 23.72% over 5 years and 14.66% over 10 years.

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