Is it the right time to invest in dynamic asset allocation funds?
What are Dynamic Asset Allocation Funds and why have they been gaining traction recently?
Dynamic asset allocation funds or balanced advantage funds (BAF) have gained traction in recent times. From January, these funds have been seeing inflows as compared to outflows in the previous year. As per data by the Association of Mutual Funds of India (AMFI), dynamic asset allocation funds/balanced advantage funds had recorded net inflows of ₹2,711 crore in March 2021. It had registered inflows of ₹2,005 crore in February and ₹658 crore in January.