Rather than plain vanilla largecap funds, go for balanced advantage fund: Bhavesh Jain
“Most of the time, we are fully deployed. Out of every Rs 100 we get, Rs 80 goes into equity and Rs 20 goes into debt because anyway our asset allocation model takes a call which indirectly changes our allocation from equity to hedged equity. We do not take any additional cash call in our portfolio but that 20% which is in debt is into very liquid debt. As and when required, we can easily liquidate it to create cash.”
