BAFs: Heads you win; tails you don't lose
Balanced advantage funds (BAFs) could soon be back in the reckoning amid concerns about expensive valuations and stocks recording new highs. BAFs, which have seen net outflows for seven of the eight months between October and May, had emerged as investor favourites the last time markets were scaling new highs in the second half of 2021. Distributors say BAFs and other hybrid funds are good investment options to park booked profits in equity schemes in such periods. Some distributors say this time, too, they are advising investors, especially those who might need