Balanced advantage funds (BAFs), also known as dynamic asset allocation funds (DAAFs) have emerged as an investor favourite as markets trade at stretched valuations and investors grow nervous. The BAF category at a size of ₹1.43 trillion at the end of September has become the largest category among hybrid funds. BAFs can move between equity and debt according to various models, as we discuss below.
Financial Terms Like Mutual Fund, IPO and Bond Now In Sign Language For Differently-Abled
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