Birla Sun Life Balanced 95 Fund

Birla Sun Life Balanced 95 Fund is ranked number one by Crisil and three star rating by Value Research Online.

The minimum SIP Investment that can be made is Rs 1,000. The last three-year returns of the fund has been close to 22.86 per cent on an average each year. The Fund was launched in 1995 and has given a return of 21.47 per cent on an average each year since its launch.

The portfolio of the fund is strong and hence those looking at long term returns, could go in for this fund.

The portfolio of the fund consist of stocks like HDFC Bank, Infosys, and ICICI Bank.

Franklin India Balanced Fund

Franklin India Balanced Fund is ranked number two by Crisil and a  three-star rating from Value Research Online.

The minimum SIP Investment that can be made is Rs 2,000. The last three-year returns of the fund has been close to 22.20 per cent on an average each year. The Fund was launched in 1999 and has given a return of 14.74 per cent since its launch on an average each year.

Individuals can start to invest in the fund with a sum of Rs 5,000. The portfolio of the fund consist of stocks like HDFC Bank, Axis Bank and Infosys.

The fund will attract an exit load of 1 per cent if the fund is redeemed within 365 days of investment.

HDFC Balanced Fund

HDFC Balanced Fund is ranked number two by Crisil and has a four-star rating from Value Research Online.

The minimum SIP Investment that can be made is Rs 500. The last three year returns of the fund has been close to 25.13 per cent on an average each year, while, the one year return is around 13.50 per cent.

The Fund was launched in 2000 and has given a return of 16.97 per cent since its launch. The portfolio of the fund consist of stocks like HDFC Bank, Reliance Industries and Infosys.

SBI Magnum Balanced Fund

SBI Magnum Balanced Fund is ranked number three by Crisil and has a  five-star rating by Value Research Online.

Individuals can start to invest in the fund with a sum of Rs 5,000 and a monthly sum of Rs 500 thereafter by way of SIP. Investors can give 12 post dated cheques for investing in the Systematic Investment Plan.

The last three year returns of the fund has been close to 23.04 per cent on an average each year, while the one year return is around 11.90 per cent.

The fund will attract an exit load of 1 per cent if the fund is redeemed within 365 days of investment.

The portfolio of the fund consist of stocks like HDFC Bank, Kotak Mahindra Bank, SBI and Infosys.

L&T India Prudence Fund

L&T India Prudence Fund is ranked number two by Crisil and has a four star rating from Value Research Online.
The minimum SIP Investment that can be made is Rs 500.

The last three year returns of the fund has been close to 22.99 per cent on an average each year. The Fund was launched in 2011 and has given a return of 14.75 per cent since its launch on an average each year.

Individuals can start to invest in the fund with a sum of Rs 5,000. The portfolio of the fund consist of stocks like ITC, HDFC Bank, ICIC Bank and Grasim.

ICICI Prudential Balanced Fund

ICICI Prudential Balanced Fund is ranked number three by Crisil and has a four star rating from Value Research Online.

Individuals can start to invest in the fund with a sum of Rs 5,000 and a monthly sum of Rs 1000 thereafter. Investors can give 6 post dated cheques for investing in the Systematic Investment Plan. 

The last three year returns of the fund has been close to 22.54 per cent while on average each year, while the one year return is around 15.58 per cent.

The fund will attract an exit load of 1 per cent if the fund is redeemed within 365 days of the investment. The portfolio of the fund consist of stocks like Bharti Airtel, HDFC Bank and Coal India.

Conclusion

Investors should note that balanced funds are subject to market risks as they invest in equities as well, though they restrict the damage to the portfolio in case of a sharp downslide in equites These are equity-oriented balanced funds with atleast 65 per cent in stocks and these funds are treated as equity funds for tax purposes.

Disclaimer

The article is not a solicitation to buy, sell in securities or the mutual fund schemes mentioned in the article. Greynium Information Technologies Pvt Ltd, its subsidiaries, associates and the author do not accept culpability for losses and/or damages arising based on information in this article.