WHICH DYNAMIC ASSET ALLOCATION FUNDS ARE RECOMMENDED FOR INVESTMENTS IN 2024?
Published By MintGenie Team | 04 Apr, 2024
Dynamic asset allocation funds are also called balanced advantage funds that dynamically manage investments in both equity and debt, with allocation varying from 0 to 100% based on market conditions.
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Here are the best dynamic asset allocation funds to invest in 2024:
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HDFC Balanced Advantage Fund
The HDFC Balanced Advantage Fund yielded a return of 39.64% during the fiscal year 2023-2024.
Credit : PIXABAY
Motilal Oswal Balance Advantage Fund
Over the past year, the Motilal Oswal Balance Advantage Fund generated a return of 32.64%.
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NJ Balanced Advantage Fund
The NJ Balanced Advantage Fund achieved a return of 30.32% over the previous year.
Credit : PIXABAY
Mahindra Manulife Balanced Advantage Fund
Over the preceding year, the Mahindra Manulife Balanced Advantage Fund attained a return of 30.22%.
Credit : PIXABAY
Shriram Balanced Advantage Fund
The Shriram Balanced Advantage Fund achieved a return of 28.81% over the past year.