"SEBI has recently proposed a change in the name of balanced funds into six categories -
Read more about them here.
(Note: Those who invested in HDFC Prudence Fund may want to switch to HDFC Balanced Fund.)
- Equity savings fund
- Aggressive Hybrid Fund
- Balanced Hybrid Fund
- Conservative Hybrid Fund
- Multi-asset allocation funds and
- Dynamic asset allocation fund"
Read more about them here.
(Note: Those who invested in HDFC Prudence Fund may want to switch to HDFC Balanced Fund.)
