Did balanced schemes lose their balance in 2017? - News Summed Up

Did balanced schemes lose their balance in 2017?


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


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