Balanced funds also known as Hybrid funds invest in combination of debt and equity instruments to provide a portfolio which combines the growth opportunities of equity and steady income from the debt. It also helps in a diversified portfolio which is lower in volatility as compared to equity funds and also provides potentially higher return opportunities than debt funds.
Tata Balanced Fund aims at seeking a combination of equity and debt investments which optimize the returns of the portfolio and at the same time manages the volatility of fund. The scheme actively manages the combination of the equity and debt investments depending upon the existing market conditions and outlook. It aims to seek an optimum combination of capital appreciation and income opportunities.