Yes, fidelity Balanced fund is a good one.

However, any fund has its investors. This fund has a 60% stock and the rest is in bond and other securities. For people in their 20-40s, it is a little too conservative. I'd like to see 80 percent stocks in my portifolio at this moment. I woould like to consider it when I am 5 years away from my retirement or in the retirment.