News From Press Multi-asset allocation funds steal a march on balanced advantage funds

Multi-asset allocation funds steal a march on balanced advantage funds

Source: Business Standard Jul 30, 2024

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.

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