Multi-asset funds are showing strong year-end performance, outperforming equity funds in recent weeks due to a rally in gold and silver. Over one year, these funds have returned an average of 18%, compared to flexicap funds' 4%. In the medium term, multi-asset funds have also shown competitive returns, averaging 20% annually over three years versus flexicap funds' 18%. Gold's recent 9% jump has significantly boosted these portfolios.