2 Balanced Funds For SIPs Rated No 1 By Crisil

Balanced funds or hybrid funds are funds that invest in a mix of debt and equity. The below 2 hybrid or balanced funds are conservative hybrid funds in nature. This means only a quarter of the portfolio is in equities and the balance in debt.

Kotak Debt Hybrid Fund

This fund has been rated No 1 by Crisil in the conservative hybrid category. The fund has generated a returns of 19% in the last 1-year and the 3-year returns are 13.89% on an annualized basis.

At the moment the fund has around 56% in debt, about 23% in equities and the remaining in cash and cash equivalents. A bulk of the investment is in government securities. The assets under management are to the tune of around Rs 1,160 crores.

The minimum amount required to invest by way of SIPs is Rs 1,000. With the Sensex at around the 60,000 points level mark and with most analysts believing that the markets are over valued, moving money to conservative balanced fund SIPs may not be a bad idea. There are many investors who may have made decent money over the last 1-year or so. Kotak Debt Hybrid Fund has also been rated 5-star by Value Research.

Canara Robeco Conservative Hybrid Fund

This fund too like the Kotak Debt Hybrid Fund has been rated No 1 by CRISIL. The Canara Robeco Conservative Hybrid Fund seeks to generate to income through investment primarily in debt securities with marginal exposures in equity and money market instruments of various maturities and risk profile.

The fund has given a returns of 13.61% in the last 1-year, while the 3-year returns are close to 12.46% on an annualized basis. The assets under management are to the tune of around Rs 1,000 crores.

Investors can start an SIP with a sum of Rs 1,000 every month. The fund has also been rated 5-star by Value Research, apart from CRISIL.

Disclaimer

Investors are advised caution as investing in mutual funds is risky. The report is for informational purposes and Greynium Information Technologies, the author and the brokerage would not be responsible for any losses incurred by investors based on the report above.