Regarding HDFC Balanced Fund

Q & A Forum › Category: Investments › Regarding HDFC Balanced Fund

rajarajagopal asked 8 years ago

Hello Sree, Good Morning. Hope you and your family are doing good. I hope you aware of that AMC fund merge. One of main concern on HDFC Balanced Fund, it is now merged with HDFC Hybird Equity Fund. However, I checked on VR (valueresearchonline.com), the rating it is showing only one "*". I have started SIP on this a year back. Also I have invested some lump sum amount too. Please advise me should I continue my SIP? Or I can redeem all the units and start investing on the other good fund. Thanks & Regards, Raja Rajagopal

2 Answers

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Sreekanth Staff answered 8 years ago

Dear Raja, If your investment time-frame is medium to long-term, you may continue with your investments in this fund.

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Sreekanth Staff answered 8 years ago

Hi Harleen, It is going to be a balanced fund but the category will be referred to as Hybrid Equity. The minimum equity allocation can be >65%.