Can you suggest balanced funds giving higher than FD returns

If you see the historical performances of balanced funds, you will find that all good performing balanced funds have given superior returns over fixed deposits over medium to long term. Therefore, if you are looking for higher than fixed deposit returns, you can easily choose balanced funds. Some of the top performing balanced funds are following which can be considered for investing –

ICICI Prudential Balanced Fund

HDFC Balanced Fund

DSP BlackRock Balanced Fund

L&T India Prudence Fund

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