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Investing in mutual funds have caught a lot of heat lately. Be it a high school student, a businessman, or even a retired person, everybody is desirous of swelling his pockets. And for this, all the hopes have been vested on mutual funds. However, investors, old and new, face the universal problem of choosing the best scheme that could satisfy their growing demands and help them earn what they deserve. Thankfully, there are certain schemes that have been tried and tested several times, and have produced pleasing results, every time. One such scheme is HDFC Balanced Fund, which has now become the talk of the town owing to its remarkable returns streak and added advantage of stability. By using the free online financial services of MySIPonline, you’ll be able to make a direct investment in this scheme without having to expend on the broker’s commission. Take advantage of this article by reading it till the end, as it’s peppered with some of the most intriguing facts attached to this scheme.
An Overview of HDFC Balanced Fund (Growth)
Basically, investors are of three kinds. First, the aggressive breed that tends to invest in Equities in the desire of soaring returns. Second, the conservative, risk-averse mass that relies on Debt Funds for a stable portfolio that can fetch modest returns. And then comes the third type, the cleverest of all who choose to invest in Balanced Fund where they get to taste both flavours of Equity and Debt. HDFC Balanced Fund (G) is one of the best schemes in the balanced mutual fund category which will equip your portfolio with the energy of more income generation, together with adding the much needed stability.
In Balanced Funds, the ratio of Equity and Debt is generally kept at 65:35, respectively. Hence, an investor can enjoy the high yielding power of Equities, without actually suffering the intense risk which gets curbed by the Debt portion. And making investment in HDFC Balanced Mutual Fund will certainly catapult your wealth creation process without exposing you to high market risks.
HDFC Balanced Fund Performance Graph
Before proceeding with any investment, it is quite important to get hold of the scheme’s past performance which will help you understand how good or bad the scheme might perform in the future. Thus, the following chart about the performance of HDFC Balanced Mutual Fund will help you analyse the returns it has fetched in the near past, on the basis of which you can judge whether it’s worth to invest in this scheme or not: -
If you run your eyes quickly through the above graph, you’ll get to know that HDFC Balanced Fund (G) has performed remarkably well in the past 5 years. It has outperformed the peers and have beaten the benchmark by a good margin. Also, the weighted average returns that it has fetched since its inception figure up to 16.50%, which is a decent figure considering that it is a balanced fund. Thus, these statistics make this fund a valid candidate for your portfolio which is likely to bestow good results in the future.
The mutual fund investment regime is filled with many challenges out of which, figuring out the best scheme stands at the first position. However, teeming up with renowned funds such as HDFC Balanced Fund will act as crusher to these challenges, and help you build a good wealth overtime. Start with using the online portal MySIPonline, where you’ll find all the latest updates and the top running schemes of the mutual fund industry.