An open ended balanced scheme investing in Equity & Equity related instruments between 40% and 60% of total assets; and debt instruments between 40% and 60% of total assets. No Arbitrage would be permitted in this scheme.
These Funds are best suited to investors who have a moderate risk appetite and medium-term investment horizon of at least 3- 5 years.
The minimum investment varies from scheme to scheme. It could range between Rs.100/ – to Rs.5,000/ -.