I have lump sum 5 lacs to invest for long term (15 yrs) capital creation for retirement. I am 50 yrs now. Shall I put all in a balanced fund? Moderate risk taker.
Balanced fund also maintain debt:equity ratio more or less the same I hope (Eg: Franklin india balanced fund 30:65). I am just curious to know what additional advantages we will have if we buy one large, medium , small & debut funds in comparison to a Balanced fund except the diversification in equity portifolio which i can do it in balanced funds also buying 2 balanced funds instead of 1.
correct me if I am missing something in this !
You have control over your equity exposure, which may not be there with equity oriented balanced funds.