Balance funds are the funds which have exposure to two main asset classes - equity and debt. This fund gives you exposure to stocks as well as money market instrument. These funds have the equity orientation as around 65% of your monies get invested in equity and remaining 35% in debt funds. The risk associated towards equity exposure is almost of the same amount as the risk is associated with any normal equity fund do have. So, are these balanced mutual funds really ‘balanced’ enough? SEBI has recently proposed to change the name of the balanced fund into three categories - Aggressive Hybrid Fund, Balanced Hybrid Fund and Conservative Hybrid Fund.
75 years to reach per capita income of $2730, will take only 5 years to add another $2000, FM Sitharaman
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