New Delhi, Nov. 12 -- At the time of curating their portfolio, investors tend to weigh the pros and cons of different mutual fund categories. One mutual fund may be the right fit for you based on your risk appetite and financial goals, but not necessarily for everyone.

Here, we closely monitor the advantages of dynamic asset allocation funds in this article. For the unversed, we first describe what exactly dynamic asset allocation funds are.

Also known as balanced advantage funds, these mutual funds are, in fact, a subset of hybrid mutual funds. They are completely flexible in determining the ratio of debt & equity. Investment in equity/debt is managed dynamically (0% to 100% in equity and 0% to 100% in debt instruments).

There are a t...