In an environment where broader market valuations are elevated and uncertainty on corporate earnings continues, financial planners believe investors looking for an exposure to equities would do well to opt for balanced funds. Balanced funds typically have two thirds of their portfolio in equities and the rest in fixed-income securities, which helps an investor maintain asset allocation. HDFC Balanced Fund, managed by Chirag Setalvad for the past decade, has been a consistent and steady performer, giving an annualised return of 15.59 per cent.
Mid-cap Indian IT companies expected to outperform large-cap firms in FY25
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