Balanced Funds are a type of Hybrid Fund that takes exposure to both equity in debt to maximize returns to investors while mitigating losses. The equity portion of the fund is used to provide capital appreciation and the debt portion is used to provide a regular interest income and a level of capital protection. Balanced funds carry less risk than pure equity funds and provide investors with better returns than debt funds due to their equity exposure. These funds are suited to investors who have a moderate risk tolerance and long investment horizons of at least 3 years. Here is a list of the top Balanced Funds on the market today.
|FUND||3Y RET.||5Y RET.||RATING|
|HDFC Hybrid Eq Direct Plan||9.95%||7.73%||4|
|Aditya Birla Sun Life Equity Hybrid '95 Fund Direct Plan||9.2%||11.39%||4|
|ICICI Prudential Equity & Debt Fund Direct Plan||12.99%||13.08%||5|