Balanced funds are geared toward investors who are looking for a mixture of safety, income and modest capital appreciation. Generally Balanced Fund stick to a mix of Equity and Debt with moderate or higher equity component in the portfolio to ensure equity taxation to the investors.
Suitable for first time equity investor looking for low volatile equity fund.
10% Tax
after 1 Lakh capital gain
Less
volatile
Returns above
Debt Funds
Short exit
load (1 yr)