Best Balanced Mutual Funds in India

 

Best Balanced Mutual Funds in India

Balanced mutual funds are basically hybrid mutual funds means they invest both in equity and debt in different proportions. If you want a growth of your capital as well as safety than go for the balanced funds.

I personally divide balanced/hybrid mutual funds into following categories according to their equity:Debt allocation.

01) Equity Oriented (Equity: Debt allocation – 70:30)

02) Debt oriented  Aggressive (Equity Debt – 50-60: 40-50)

03) Debt oriented Conservative (Equity: Debt allocation – 30:70)

04) Arbitrage

Well, arbitrage funds are basically the kind of hybrid/balanced mutual funds which invest both in equity and debt in different proportions. The only difference is that, they take the advantage of various arbitrage opportunities that generate in the stock and other financial markets.

So here are the Top 5 balanced funds in each of the above category.

Best Balanced Funds: Equity Oriented

01) UTI CCP Advantage

02) HDFC Balanced

03) HDFC Prudence

04) Birla Sun Life 95

05) DSPBR Balanced

Best Debt Oriented Conservative hybrid funds

01) Escorts Income Bond

02) Reliance MIP

03) HDFC MIP Long Term

04) L&T MIP

05) HDFC Multiple Yield

Best Debt Oriented Aggressive Balanced Funds

01) FT India Life Stage FoF 40s

02) Birla SunLife Asset Allocation Moderate

03) UTI CCP Balanced

04) TATA Young Citizens

05) UTI Retirement benefit pension

Best Arbitrage Funds

01) UTI SPrEAD

02) HDFC Arbitrage Wholesale

03) Kotak Equity Arbitrage

04) JM Arbitrage Advantage

05) SBI Arbitrage Opportunities

Thus, the above are my all time favourite balanced mutual funds. Go for them according to your risk appetite.