Balanced funds or hybrid funds, which typically invest 65% of their corpus in equities and the balance in debt or fixed income have seen inflows of Rs 8783 crore in August, the highest in this calendar year. Since the start of the calendar year, the category has received inflows of Rs 46,943 crore.
“Equity valuations are elevated and are at a premium to long term averages, which calls for some caution. Balanced funds, with a 65% exposure to equities are a good choice in such an env ..
Balanced funds see inflows of Rs 8783 crore, the highest this year
