fbpx

BALANCED FUNDS – The Investment

0 16

BALANCED FUNDS

Balanced Funds – In Detail 

Balanced mutual funds are financial instruments that invest in the mixture of both equity and debt segments in specific ratios. They are also known as hybrid funds that enable investors to diversify their mutual fund portfolio. Also, they maintain a balance between both equity and debt segments; they provide the risk-reward balance & help to maximize the returns on investment.  

A Bit More 

Balanced funds are mostly equity-oriented & take about 40-60% of the fund’s portfolio. One of the advantages of balanced mutual funds is they provide a safety net against risks & ensure capital-appreciation.  

Who Should Invest in Balanced Mutual Funds? 

These funds are meant for those who seek income, medium capital-appreciation & safety from their investment. Those with the tolerance of low-risk appetite can invest in balanced mutual funds just to balance the risks and benefits of the investment market.  

Top 5 Balanced Mutual Funds  

To be Specific: 

  • Aditya Birla Sun Life Equity Hybrid 95 FundIt is a hybrid mutual fund scheme that was launched by Aditya Birla Sun Life mutual fund. Later on, it was introduced on 1st Jan 2013 to its investors. Currently, the fund is managed by Dhaval Shah, Pranay Sinha, and Mahesh Patil. Talking about AUM, it is of INR 9894 Cr, and, the latest NAV is 181.89 (dated as of 28th Feb 2020). The fund growth is rated moderately high risk. Also, the minimum SIP investment is INR 500.  
  • Franklin India Equity Hybrid FundIt is a hybrid mutual fund that was launched by Franklin Templeton mutual fund. Later on, it was introduced on 10th Dec 1999 to its investors. Currently, the fund is managed by Umesh Sharma, Sachin Padwal Desai, and Lakshmikanth Reddy. Talkinga bout AUM, it is of INR 1770 Cr, and the latest NAV is of INR 119.57 (dated as of 28th Feb 2020). The fund growth is rated moderately high risk. Also, the minimum SIP investment is INR 500, and, lumpsum investment is INR 5000.  
  • HDFC Children’s Gift FundIt is a Solution Oriented mutual fund scheme that was launched by HDFC mutual fund. Later on, it was introduced on 2nd March 2001 to its investors. Currently, the fund is managed by Chirag Setalvad. Talking about AUM, it is of INR 3170 Cr, and the latest NAV is of INR 121.40 (dated as of 28th Feb 2020). The fund is rated moderately high risk. Also, the minimum SIP investment is INR 500.  
  • ICICI Prudential Balanced Advantage FundIt is a hybrid mutual fund scheme that was launched by ICICI Prudential mutual fund. Later on, it was introduced on 30th Dec 2006 to its investors. Currently, the fund is managed by Ihab Dalwal, Rajat Chandak, S Naren, and Manish BanthiaTalking about AUM, it is of INR 28,853 Cr, and, the latest NAV is of INR 36.89 (dated as of 28th Feb 2020). The fund growth is rated moderately high risk. Also, the minimum SIP investment is INR 100, and, lumpsum investment is INR 500.  
  • Kotak Equity Savings FundIt is a hybrid mutual fund scheme that was launched by Kotak Mahindra mutual fund. Later on, it was introduced on 13th Oct 2014 to its investors. Currently, the fund is managed by Deepak Gupta, and Abhishek Bisen. Talking about AUM, it is of INR 1804 Cr, and the latest NAV is of INR 15.34 (dated as of 28th Feb 2020). The fund growth is rated moderately high risk. Also, the minimum SIP investment is INR 1000, and, lumpsum investment is INR 5000. The fund growth is rated moderately high risk. Also, the minimum SIP investment is INR 1000, and, lumpsum investment is INR 5000.  

Looking to invest? Hop on to gulaq.com and start investing in direct mutual funds. Furthermore, you can also get in touch: [email protected]    

investmentin5minutes

*Disclaimer: investment in securities market are subject to market risks, read all the related documents carefully before investing

No votes yet.
Please wait...
Voting is currently disabled, data maintenance in progress.

Leave a Reply

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept