These changes must be watched carefully to understand the impact on the portfolio.
Balanced fund as the name suggests is a combination of equity fund and debt fund in one single product.
Fund managers with good track record have been quietly trimming their exposure to stocks as markets run up.
Investors are often not aware of the kind of risks that are present in these instruments and hence they go out with a mindset that might not be appropriate for the investment.
Anand Shah, CIO of BNP Paribas MF said that investment instruments like mutual funds are getting more traction that the plain vanilla fixed deposits.
BJP’s victory in UP election has taken the Nifty index to an all-time high, however, mutual fund managers are cautiously approaching the market due to high valuations