Multi-asset allocation funds (MAFs), a relatively unknown hybrid mutual fund (MF) category until early 2023, have eclipsed the more popular hybrid investment option, balanced advantage funds (BAFs), in terms of net inflows in 14 out of the past 15 months.
MAFs have raked in a net of Rs 42,980 crore since April 2023 compared to just Rs 14,033 crore in inflows into BAFs during the same period.
Private sector continues to fuel NPS assets growth, records 39.62% jump at ₹2.52 lakh crore
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