When you want to invest in the equity markets but have a medium risk appetite, what can you do? You can consider Balanced Funds. These are Mutual Funds that invest in both the equity markets and the debt market. Most of them invest about 60%-70% in equity markets and the rest in the debt market that is safer. If you think this is the right fund for you, here’s a Balanced Fund you can consider.
With Assets Under Management (AUM) of Rs. 7, 000 crores, this fund has been around for the more than 18 years, making it one of the oldest funds. The fund invests in AA+ rated fixed-income investments and invests in stocks from sectors such as banking and finance. Want to know more? Read on.
Features of DSP Tax-Saver Fund
