 "mutual funds, MFs")
Expecting demand to pick up in the midst of a spike in equity valuations, mutual fund (MF) houses have lined up new fund offerings in the balanced advantage fund (BAF) category.
UTI MF launched its BAF on Friday, an open-ended dynamic asset allocation fund; two more — 360 ONE and Bajaj Finserv — filed papers with the capital markets regulator to launch their funds.
After the launch by UTI MF, only nine of the 42 fund houses do not have a BAF offering in their product basket. BAFs invest in a mix of debt and equity and are
UTI MF launched its BAF on Friday, an open-ended dynamic asset allocation fund; two more — 360 ONE and Bajaj Finserv — filed papers with the capital markets regulator to launch their funds.
After the launch by UTI MF, only nine of the 42 fund houses do not have a BAF offering in their product basket. BAFs invest in a mix of debt and equity and are
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