Balance Advantage is nice innovation in MF schemes!

Of all the new innovations in mutual fund schemes, the one which like particularly is Balance Advantage Funds. The onus is on fund manager to move the money between debt & equity, or any other asset class as permitted. The process is dynamic, and the goal is to maximize returns with least possible risk and volatility. It balances risk & return to help investors achieve their financial goals. Close to Rs.2 lakh crore has already been invested in such funds and history shows that these funds have beat inflation by a wide margin. Besides interest rates are going to fall & markets have reached unprecedented levels, which makes investing in balance advantage funds a good option.