Mirae Asset Balanced Advantage Fund (NFO). Should you subscribe?
Mirae Asset Mutual Fund has launched it's new fund offer 'Mirae Asset Balanced Advantage Fund', which opened on 21st July will remain open till 3rd August 2022. Before we know the details about the new fund offer(NFO), we should know what a balanced advantage fund is? As we know that equity market is volatile in nature, hence it is risky in nature, Investor who are looking for less risky investment can go for debt securities which are usually of low risk and low return investments. Return on debt securities may or may not beat the inflation. But those who are seeking good return as well as less risky investment can choose balanced advantage funds to get the maximum risk adjusted returns. As balanced advantage fund is a combination of equity and debt investments which are dynamic in nature. Balanced advantage fund is also called Dynamic asset allocation fund. Mirae Asset balanced advantage...