Equity-oriented hybrid schemes or balanced schemes have been in focus for the last few years. Despite the impressive record, balanced funds also earned a bit of infamy in 2017.Some balanced schemes started faltering in the last few months. And soon analysts were concerned about the stability of balanced schemes. Soon the verdict was out: not all balanced schemes are balanced. Balanced schemes need to invest a minimum 65 per cent to qualify as equity schemes for the taxation purpose.


Source:   Economic Times
December 07, 2017 11:15 UTC