Balanced Advantage Funds and Multi Asset Allocation Funds offer different risk-return profiles. Balanced Advantage Funds dynamically shift between equity and debt. Multi Asset Funds invest in equity, debt, and commodities like gold. BAFs aim for equity-like returns with less volatility. Multi Asset Funds provide diversification across assets. Investors should choose based on their risk tolerance and investment goals.
Bank Nifty crosses 56,000 to hit record high as RBI rate decision looms
The Nifty Bank index crossed the 56,000 mark for the first time on Tuesday, driven by gains in select lenders ahead of an anticipated RBI