Is the benchmark uniform for all balanced funds or there is any other benchmark for balanced funds

Your query is about Hybrid equity oriented balanced funds. Yes, our research shows most of the funds in this category use CRISIL Balanced Fund Aggressive Index as their benchmark.

However, we found that L&T Prudence Fund has used S&P BSE 200 (70%) and Crisil Short-Term Bond (30%) as benchmark for their L&T India Prudence Fund. L&T India Prudence Fund is a hybrid equity oriented balanced funds.

Therefore, we can conclude that there is hardly any other benchmark for hybrid equity oriented balanced funds.

Hope this clarifies your doubt.