Should In invest in L&T Prudence Fund and Principal Balanced Fund

Yes, you can invest in both the funds as they are among the top performing funds in the balanced fund category https://www.advisorkhoj.com/mutual-funds...

However, investing in these two funds or for that matter any other mutual fund scheme should not be based on the dividend payment track record. You should invest solely based on the performance of these funds.

Declaring dividends is fund manager's discretion and strategy. For example - An average performing fund may declare higher dividends than a top performing fund.

We have suggested the funds purely based on their overall performance.

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