Answer:
Low risk and moderate growth.
Explanation:
A balanced fund (sometimes known as hybrid funds) are much better that equity as the risk in equity are much higher than a balanced fund.
A balanced fund is a combination of equity and bond investment, where bonds give risk free income and equity is with high risk. The combination of those two lowers the risk but gives a moderate income better than bonds.
Therefore, balanced funds gives low risk and moderate growth. (Answer)