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.
S&P 500 ends higher as Oracle reignites AI rally; Boeing drops
The S&P 500 saw gains on Thursday. Oracle’s positive AI forecast boosted market confidence. Tech giants like Microsoft and Nvidia also experienced growth. However, Boeing