Should retirees go for balanced funds?

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Balanced funds are a bad idea if you’re looking for regular dividends

Equity-oriented balanced funds have become the blue-eyed boys lately, raking in ₹38,900 crore in new money in the first five months of FY18, compared to ₹8,500 crore in the same period last year. These balanced funds are good products for risk-taking investors who don’t mind volatility, but are willing to stay invested for a minimum five years to make equity gains that help meet a long-term goal. …

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