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Dynamic asset allocation ka model, aur uski limitations
Published by The Retail Trader · JUL 31, 2026 · Mutual Funds & AMC
Balanced advantage fund equity aur debt ke beech apna allocation khud badalta rehta hai. Uska waada ye hai ki wo mehnge market mein equity ghata dega aur saste mein badha dega.
Har fund ka apna model hota hai, aksar valuation par based — jaise market ka overall price to earnings ya price to book level.
Us model ke hisaab se equity allocation upar neeche hoti rehti hai, aur wo aapko kuch karne ki zaroorat nahi chhodta.
Ye category ek jaisi bilkul nahi hai:
• Har fund ka model alag hai, isliye do funds ka behaviour bilkul alag ho sakta hai.
• Model tabhi kaam karta hai jab market uske hisaab se behave kare — wo bhi ek assumption hai.
• Kai funds derivatives se hedge karke tax ke liye equity status banaye rakhte hain.
• Uska return na poora equity jaisa hoga na poora debt jaisa — dono taraf.
Ye category un logon ke liye bani hai jo khud rebalancing nahi kar paate. Agar aap apna allocation khud maintain kar sakte ho to yahi kaam do simple funds se sasta aur zyada transparent tarike se ho jaata hai.
Ye article sirf educational hai — koi buy ya sell recommendation nahi, koi guaranteed return ka daawa nahi, aur koi advisory nahi. Rules, rates aur mechanics exchange, SEBI aur RBI time-time par badalte hain, isliye har number apne broker ya official source par khud verify karo.