What are Balanced Funds? - Term Buster - Franklin Templeton India

Описание: What are balanced funds?
Balanced funds invest in both equities and debt instruments.
The percentage of money invested in each of them is decided by the Fund Manager. If the average exposure to equities is 65% or more, it allows the balanced funds to be taxed like equity funds. This means that balanced funds become tax saver funds ( as it gives tax-free returns) if the holding period is greater than one year.

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