New Delhi, Dec. 30 -- If you are considering investing in a mutual fund, it is recommended that you examine the past returns of that scheme and compare them with those of its peers in the same category.

Although past returns of a mutual fund scheme do not guarantee future returns, they definitely set the tone for its future performance.

Here, we review the past performance of multi-asset allocation funds and select those that have delivered an annualised return of at least 18% in 2025.

For the uninitiated, multi-asset allocation funds refer to those mutual funds that provide exposure to a wide range of asset classes, offering a high level of diversification. Asset classes in which multi-asset funds may invest include equity and fixed i...