. Balanced Advantage MFs in favour as pure equity play turns choppy - Trade FX, CFD, Stocks, BTC, Indices, Gold & Oil - 1:1000 Leverage & Bonus - CSFX

Balanced Advantage MFs in favour as pure equity play turns choppy

Balanced Advantage MFs in favour as pure equity play turns choppy

07 Dec 2021

Data from AMFI showed that assets under management (AUM) for this category surged to ₹1.56 lakh crore as of October end from ₹93,038 crore, adding more than a million new folios over the year. By contrast, aggressive hybrid funds that allocate 65-75% to equities saw their assets climb from ₹1.18 lakh crore to ₹1.46 lakh crore.