dynamic asset allocation funds and balanced advantage funds have offered up to 20% return in 2024. Around 32 schemes in the category have marked their presence in the mentioned period.
Quant Dynamic Asset Allocation Fund, the topper in the category, delivered 20.15% return in 2024. Axis Balanced Advantage Fund and HDFC Balanced Advantage Fund offered 17.63% and 16.83% returns respectively in the current calendar year.
Dynamic asset allocation funds and balanced advantage funds: With over 15% return in 2024
Also Read | Year-ender 2024: 35 equity mutual funds delivered negative returns to investors in 2024
WOC Balanced Advantage Fund posted a return of 16.64% in the said period. Invesco India Balanced Advantage Fund and Franklin India Balanced Advantage Fund gave 15.94% and 15.21% returns respectively in the said period.
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