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Best balanced advantage funds or dynamic asset allocation funds to invest in 2021
Synopsis
Balanced Advantage Funds or Dynamic Asset Allocation funds are a newly formed category of hybrid mutual funds, which are free to manage their exposure to equity and debt according to market conditions.
Balanced Advantage Funds or Dynamic Asset Allocation funds are a newly formed category of hybrid mutual funds, which are free to manage their exposure to equity and debt according to market conditions. This category of funds has offered 16.74% returns in the last one year. Many fund managers and advisors are recommending these schemes to new equity mutual fund investors. We have handpicked the best schemes from this category for you to invest in
Broker s call: MAS Financial (Buy)
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Updated on
CMP: ₹919.15
MAS Financials Ltd. (MAS) is a diversified financial services provider focused on low income groups and economically weaker individuals operating small businesses, as well as SMEs having limited access to formal financing channels.
Over the long-term, MAS’s AUM growth is likely to be driven by micro-enterprise and SME loans, given high level of under-penetration in both segments. MAS continues to remain cautious in its lending approach and extends credit only where it is due. With disbursements yet to reach pre-Covid levels, we believe growth is likely to pick-up from H2-FY22 .
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