Balanced Advantage Funds surge as Nifty approaches Life-time high: Tata Asset Management

Bengaluru, 14th September 2024: According to data from the Association of Mutual Funds in India (AMFI), hybrid schemes saw a significant surge in July 2024, with net inflows reaching INR 17,436 crore—a remarkable 97% month-on-month increase, driven largely by balanced advantage funds. The mutual fund industry recorded a sharp rise in net inflows within the …