Value funds usually invest in the stocks of blue-chip companies with stable returns, or in some large-cap companies with excellent performance.
Growth funds usually invests in the stocks of companies with good growth after careful analysis.
Allocated funds can also be called mixed partial stock funds or partial stock balanced funds. Generally, the investment style of such funds is more flexible. When the stock market is in a bull market, its investment can be inclined to stock investment, while when the stock market is in a bear market, the investment in bonds or bills can be appropriately increased.
The above is only a description of the investment style of fund companies. But in fact, the investment styles of most funds in China are more and more consistent. There is no obvious difference in style.