Balanced advantage funds (BAFs) offer a compelling alternative to DIY investments, automatically adjusting equity-debt allocations based on valuation or momentum models. These funds, managing ₹2.93 lakh crore across 5,250,000 folios, utilize in-house models to dynamically allocate assets. Taxed as equity funds, BAFs are suitable for investors seeking higher returns than fixed deposits with managed volatility.
Bandhan Bank Q4 business update: Advances rise to Rs 1.54 lakh crore, deposits up 10%
Bandhan Bank reported a 12.6% YoY rise in advances to Rs 1.54 lakh crore and 10% growth in total deposits for Q4 FY26. Retail deposits