Escorts Balanced Fund

Escorts Balanced fund is a balanced mutual fund. The scheme seeks to provide long term capital appreciation and current income with a mix of fixed income securities and equity instruments. This fund is being managed by Mr Archit Singhal. The fund has not been consistent in its performance. New investors can skip this one for a better fund. 

Where does Escorts Balanced Fund invest your money?

Escorts Balance is equity oriented hybrid fund which invests your money in both equity securities and debt securities. It has about 54.97% exposure to equity 36% to debt and close to 9.03% exposure to cash and cash equivalents. Its equity portion has a mid cap bias which means most of your money will be invested in mid and small companies. Stocks of medium sized companies give prospects of bumper returns. Escorts Balanced fund has 16.19% exposure to mid sized companies,35.06% exposure to large size companies and 48.76% exposure to small sized companies.

Suitable for what?

The following needs if occurring between 3 and 5 years:

  • Child's education
  • Marriage
  • Home Purchase
Not suitable for what?
  • Long term needs
  • Creation of wealth

 

How has Escorts Balanced Fund performed in the past?

If you had invested Rs 1 lakh when the fund was launched at March 2001, your value of investments would be around Rs 5.73 lakhs. If you had invested Rs 1 lakh five years back it would have become Rs 99035. The performance has not been better than or similar to other equity oriented hybrid mutual funds. The fund has been giving at around -0.19% every year for those who stayed invested since inception.

Assume you had invested Rs 10,000 every month in Escorts Balanced fund through SIP since the past five years today you would have around Rs 6.47 lakhs.

How much to invest?

Minimum one time investment is Rs 1000 and minimum SIP is Rs 500 per month. Do not make the mistake of investing in too many mutual fund schemes. One good fund or at the most two are enough to take care of needs expected to arise in the medium term of 3-5 years.

Our recommendation for fresh investment
Not Recommended
Our recommendation for existing investment
Not Recommended
What are the charges applicable?

If units are sold within a year an exit load of 1% is deducted from your total returns. No exit load applies for units withdrawn post one year. Expense ratio of Escorts Balanced fund is 2.25%. This is charged to recover the fund management company’s expenses on securities’ transactions, commissions, registrar fees, etc. Your mutual fund returns will be total returns less expense ratio.

What are the tax implications?

Returns on equity oriented hybrid funds are absolutely tax-free provided you do not withdraw within a year of buying the units. Escorts Balanced fund does not qualify for sec 80C ELSS benefits.

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