The Balancing Act Of The Balanced Advantage Fund
Mutual funds have had massive inflows over the last two to three years, but one category has become a preferred choice. Balanced advantage funds (BAFs), also known as dynamic asset allocation funds, are highly regarded by both investors and advisers. In the past one year alone, six new BAFs have entered the market, contributing to the category's impressive AUM of ₹1.923 lakh crore. It now trails only the Large-Cap and flexi-cap equity fund categories in terms of popularity.