Balanced Funds: a lucrative option amidst volatility
DSIJ Intelligence / 19 Aug 2016
Even as investors and traders are struggling to gauge the trend in the markets amidst experts raising concerns on the rich valuations exhibited by the equity markets, balanced funds seems to be an attractive option for long term investors. Birla Sun Life 95 Fund – G; Tata Balanced Fund – G; and L&T India Prudence fund – G are amongst the top performers in the category.
Even as investors and traders are struggling to gauge the trend in the markets amidst experts raising concerns on the rich valuations exhibited by the equity markets, balanced funds seems to be an attractive option for long term investors.
Birla Sun Life 95 Fund – G; Tata Balanced Fund – G; and L&T India Prudence fund – G are amongst the top performers in the category.
Tata Balanced Fund- G with an AUM of Rs 5140 crore has been able to generate 26.3 per cent annualised returns over 3 years. The returns over 1 year have been 5.5 per cent.
Birla Sun Life 95 fund -G has delivered almost 26 per cent over a 3 year period. The returns over a1 year period have been 9.3 per cent. The AUM for the fund stands at Rs 2160 crores.
L&T India Prudence Fund- G with an AUM of Rs 1081 crores has generated 25.6 per cent over a 3 year period; and has delivered 6.4 per cent over a 1 year period.
Balanced funds are the ones which invest in equity as well as debt, and hence asset allocation decision is made by the portfolio manager himself.
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