Page 4 - Balanced Advantage News Today

Equity savings funds are no substitute to debt funds, but can be appealing to investors looking for relatively stable returns with low exposure to equity and the benefit of equity taxation.

Hybrid schemes, with total Assets Under Management (AUM) of Rs 4.87 trillion, are the second-lowest open-ended mutual fund category after Solution Oriented Schemes. Compared to this, Growth/Equity Oriented Schemes commanded AUM of Rs 15.01 trillion as of February-end.

HDFC AMC board has approved the appointment of Chirag Setalvad as Head - Equities and Shobhit Mehrotra as Head-Fixed Income.

The Indian mutual fund space has witnessed an expansion amid the Covid-19 pandemic. Top fund houses have registered growth in the range of 8-16 per cent this year in their assets under management (AUM). Indian Mutual Funds market AUM has recently crossed over Rs 36 lakh crore. Average Assets Under Management (AAUM) of the Indian Mutual Fund Industry for the month of August 2021 stood at Rs 36,09,471 crore. Assets Under Management (AUM) of the Indian Mutual Fund Industry as on August 31, 2021

Uniindia: Kolkata, Oct 01 (UNI) Axis Mutual Fund, one of the leading mutual fund houses in India, renamed and repositioned its existing fund (Axis Dynamic Equity Fund) to Axis Balanced Advantage Fund.

SBI Balanced Advantage Fund, launched on August 11, seeks to generate long-term appreciation by aiming to capture the potential upside and limit the downside in volatile equity markets

You can invest in the SBI Balanced Advantage Fund from 12 August to 25 August if you want to invest in the New Fund Offer period. 

Investors with low equity exposure can look at hybrid funds for higher returns Equity savings funds typically invest 10-25% of their portfolios in equity with the balance in debt and arbitrage given investors the benefit of equity taxation. Synopsis Financial planners advise allocating 20% of portfolio to a mix of equity savings, balanced advantage and aggressive hybrid schemes Mumbai: Dwindling returns from high-quality fixed income funds are making many conservative investors add equity to t...

With markets continuing to see-saw, here are four MFs you can count on, to tide over the volatility

Fund query: How to use SWPs for post-retirement expenses × I am an NRI and have accumulated ₹1.5 crore through SIPs over the last 10 years. I am 61 years old and plan to settle in India after I retire, one year from now. I hold ICICI Prudential Equity & Debt, Invesco India Contra Fund, Tata Multicap, ICICI Prudential Balanced Advantage and Mirae Asset Emerging Bluechip. If I were to use a Systematic Withdrawal Plan (SWP) from these funds to generate an income of ₹30,000 a month, do I need ...