Best Dynamic Asset Allocation Funds to Invest in 2022:
1. Edelweiss Balanced Advantage Fund
2. ICICI Prudential Balanced Advantage Fund
3. Aditya Birla Sun Life Balanced Advantage Fund
These funds invest in a mix of equity, debt and arbitrage opportunities. These funds determine their equity exposure depending on key market rates or domestic parameters.
They tend to invest less in stocks when the market is too high or when valuations are stretched. They tend to invest more in equity when stocks are available at attractive valuations. In short, they do the job of deceiving equity exposures to investors.
Disclaimer: Mutual fund schemes are subject to market risks. Consult your advisor before investing and invest at your own discretion.