What is the difference between Dividend Yield Funds & Balanced funds?

[bhvm]

Hello Friends,
What is the difference between Dividend Yield Funds & Balanced funds?

I tried comparing a few on Value research and they do appear mostly the same with respect to asset allocation and stock sectors. So what is the difference?

If I want to earn reasonable dividend ALONG WITH Capital appreciation, does it make sense to select dividend payout option with balanced fund or Dividend yield fund?

Thanks.

 

[bhvm]

Anyone please?

 

[5paisa]

A dividend yield fund puts a majority of its portfolio in stocks whose dividend yield is higher than the Nifty 50, the Sensex, or the Nifty DividendOpportunities 50 index. ... Dividend yield is the ratio of the dividend per share to its market

Balanced funds on the other hand are geared toward investors who are looking for a mixture of safety, income and modest capital appreciation. The amounts this type of mutual fund invests into each asset class usually must remain within a set minimum and maximum.

the former is mainly focused towards indices while the latter balances the portfolio with a health mix of equities, debt instruments, and other securities.

While Dividend Yield funds are targeted towards returns, Balanced funds are targeted towards management of risk.