Investment in Balanced Advantage Funds at 33 month high, investors' interest increased due to market decline

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Investment in Balanced Advantage Funds increased to a 33-month high of Rs 2,456 crore in the month of October. The reason for this was sharp selling in the stock markets. This is the highest collection since January 2022. Balanced Advantage funds included in the hybrid mutual fund category invest in equity and debt assets (…).

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