Explained: How smart asset allocation can help in maximizing mutual fund returns?

Asset allocation is essential for successful investing in mutual funds, involving the distribution of investments across various asset classes. Different strategies like strategic, tactical, dynamic, core-satellite, and target-date allocation help balance risk and return, catering to diverse investor goals and risk tolerances. Asset allocation is essential for successful investing in mutual funds, involving the distribution of investments across various asset classes. Different strategies like strategic, tactical, dynamic, core-satellite, and target-date allocation help balance risk and return, catering to diverse investor goals and risk tolerances.  Economic Times