Balanced fund to choose

Q & A Forum › Category: Mutual Funds › Balanced fund to choose

anujtan asked 10 years ago

Hi Sreekanth, Need you advice on Balance fund to choose for SIP. Time horizon is 2 years and more. SBI Magnum Balanced Fund or HDFC Prudence Fund or any other? Have already invested in Franklin Smaller Co and ICICI pru value discovery for 4 to 5 years horizon. Fund overlap between SBI magnum and Fanklin smaller & ICICI value discovery is under 10% while HDFC prudence and ICICI value discovery is 19% Appriciate your help and support as always. Thanks.

1 Answers

0 Vote Up Vote Down

Sreekanth Staff answered 10 years ago

Hi, I am glad that my blog readers are talking about OVERLAP :) Both are equally good funds and have long-track record. Suggest you to go through below articles and analyze the two funds; http://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/ http://www.relakhs.com/top-best-balanced-mutual-funds-returns/