News From Press What has changed with the erstwhile balanced funds

What has changed with the erstwhile balanced funds

Source: The Economic Times May 17, 2019

Balanced funds (now correctly renamed by SEBI as Aggressive Hybrid Funds) are no substitute to the Indian saver’s favourite instrument – the monthly-income generating investments. Conservative investors and retirees in India are learning this the hard way.

With fixed deposit rates on the decline in 2017, balanced funds were thought to be a natural progression and were perceived as a low risk product with monthly dividends.

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