Why multi asset allocation mutual fund schemes are not suitable for all investors

The basket of multi asset allocation funds is expanding rapidly. After a hiatus of six years, fund houses are rushing to launch new offerings in this space. Since last year, six new multi asset funds have been launched. Some are trying to be different by offering avenues beyond the traditional mix of equity, debt and gold. Are these newer breeds worthy additions or just old wine in a new bottle? Multi asset funds have just one task— allow