News From Press Balanced funds good for first-timers, retirees

Balanced funds good for first-timers, retirees

Source: Business Standard Jul 1, 2016

The popular balanced fund category can be confusing for investors. Many fund houses have as many as six schemes in this category, all following different strategies. To top it, there are funds from different asset management companies (AMCs) that have similar names that have very little in common, in terms of strategy.

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