One To Balance Your Portfolio

The open-ended scheme will invest in equities, debt instruments and derivatives

- Nalinakanthi V

After a good run in 2019, Indian equities, which started 2020 on a positive note, have been on a slippery road since the Budget announcement.

With volatility here to stay, given the growth concerns in the home turf and global markets, the endeavour of money/fund managers is to contain losses during such down cycles, without compromising on longterm wealth creation.

A slew of dynamic asset allocation fund launches over the past two years, with Sundaram Balanced Advantage Fund being the latest addition to the list, substantiates this.

Dynamic allocation

Sundaram Balanced Advantage, an open-ended dynamic asset allocation fund, will be open for subscription till February 28.

Dynamic asset allocation, as a theme, endeavours to minimise the risk in equity allocation during market falls by altering asset allocation across debt, equity and derivates.

Sundaram Balanced Advantage will invest in equities, debt instruments and derivatives.