If you are looking for a steady income with minimal risks involved, you can start investing in balanced mutual funds by seeking guidance from fund managers. Every budding investor with a low-risk appetite can invest in balanced mutual funds.

Investing in balanced mutual funds involves moderate risk. Investors with an appetite for lower-risk investments can invest in balanced mutual funds.

Yes. Balanced mutual funds are a great investment tool for investors who are looking to diversify their portfolio with minimal risk and want to earn a steady income. The fund manager takes care of the asset allocation on behalf of investors, as they rebalance the fund on the basis of need.

ELSS is an ideal investment option for income tax paying individuals especially salaried individuals who are looking for reduction is the tax component and also to get better huge returns on their investments.

ELSS offers an opportunity to get better huge returns for your investment in comparison to other fixed deposit options like PPF and FDs.

Investors can avail of the tax benefit of up to Rs 1.50 lakhs by investing in ELSS mutual funds.