Shashi Tharoor, Chairman of the Parliamentary Standing Committee on Information Technology and former Minister of State for HRD and External Affairs, filed his nomination papers for Thiruvananthapuram Lok Sabha seat in 2024 general elections. He has declared that his total investments in mutual funds was at Rs 1.72 crore.
Some of the top performing dynamic asset allocation funds which managed to beat the benchmark index include HDFC Balanced Advantage Fund, Bank of India BAF and Baroda BNP Paribas BAF.
Maharashtra Lok Sabha polls phase 3: As per her election affidavit, Supriya Sule's total assets stood at more than Rs 166.5 crore, up from Rs 127.8 crore in 2019.
Dynamic hybrid funds, including balanced advantage and multi asset funds, have seen significant growth in AUM over the past 4 years, attracting conservative investors. Each AMC has unique structures and strategies, leading to stark contrasts in net equity exposure and returns.
Equity mutual funds experienced a 16% decrease in March inflows, totaling Rs 22,633.15 crore. Sectoral/thematic funds led with Rs 7,917.72 crore inflows, while smallcap funds faced outflows of Rs 94.17 crore.
Baroda BNP Paribas Mutual Fund launches a new investor education campaign adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.
Samir Arora’s Helios MF is expanding its footprint slowly. Its new scheme, Helios Balanced Advantage Fund, aims to appeal those who are comfortable with an aggressive strategy; more of equity and no corporate debt securities. This is different from typical BAFs
Around 18 arbitrage funds, 11 equity savings funds, 10 balanced advantage/ dynamic asset allocation funds, and 4 aggressive hybrid funds made it to the list of equity oriented hybrid funds which have never offered negative returns in the last six years.
According to Harsh Roongta of Fee Only Investment Advisers LLP, a balanced advantage fund allows investors to have a measured exposure to equity without timing the market, reducing risk. These funds provide equity-like returns with lower risks compared to pure equity funds. The allocation between equity and debt is determined by a formula, making them counter cyclical.
PPFAS Mutual Fund announced the launch of the Parag Parikh Dynamic Asset Allocation Fund. The scheme opened for public subscription on February 20, 2024, and will close on February 22, 2024.