Key Things To Know About Dynamic Asset Allocation Funds

Balance advantage funds and dynamic asset allocation are the buzzwords amid the ongoing volatility with investors worried about questions such as how much to invest in the market, how long to invest and when to withdraw. A recent discussion with Mayukh Dutta, head, product, strategy and communication, at Mirae Asset Mutual Fund on ‘Balanced Advantage Funds/Dynamic Asset Allocation Funds’ threw some light on it. Dutta was in conversation with Deepika Asthana, market expert. Here are some edited excerpts from the discussion. How Do They Work? Within equity mutual funds, there are some categories that invest in different kinds of companies. Similarly, balanced advantage funds invest in different kinds of assets. “Balance advantage funds or dynamic asset allocation funds are the same when it comes to the name of the schemes. Their objective is the same. They invest across...