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How can ABSL Regular Savings being a conservative fund still have 13% in AA rated bonds. AMC is focusing to give high returns whereas conservative investors wants inflation + returns. Heavy Allocation in Uttar Pradesh Power and many junk bonds. Overall a very bad experience for first time investors.
Their Balance Advantage Fund was a failure in 2018/2019, hope they can show its performance during such periods before sharing such disciplines of buy low - sell high
