‘Investors having moderate risk appetite can Look at equity savings funds’

Mumbai: Dwindling returns in the fixed income space and the hunt for higher returns in a bull market is making investors add equity to their portfolios. For investors with a conservative to moderate risk profile and who are looking to earn 8% and having a two- to three-year time horizon, financial planners recommend equity savings funds. These funds invest 20-50% of their portfolios in equity, 15-45% in arbitrage and the balance in fixed