The investment objective of the scheme is to generate long term capital appreciation from a portfolio of different asset classes.
Growth investors are willing to take significant risk in pursuit of higher long-term capital growth and can accept high market volatility and fluctuations in returns.
Balanced investors generally look for moderate capital growth over the long term and are cautious towards taking high level of risk. They are however, comfortable with short-term fluctuations in returns.
Conservative investors are prepared to take a small amount of short-term risk for potential returns that are higher than bank deposits over the medium to long term.
Risk averse investors typically will not take any risk and are comfortable with returns that are commensurate with bank deposits or highly rated debt instruments. Preservation of capital is their most important objective.