Equity-oriented funds with an in-built dynamic asset allocation are the new emerging category in the growing mutual funds industry. With India's stock markets at record highs, a trend is being seen among investors opting for schemes that offer asset allocations, largely known as balanced funds. However, within the balanced category of funds, the subset of balanced advantage funds, which are largely open-ended equity-oriented schemes, are putting on a strong show.
Mid-cap Indian IT companies expected to outperform large-cap firms in FY25
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