Multiferroic composites (1-x)Ba0.9Sr0.1Zr0.1Ti0.9O3-(x)CoFe2O4 (x = 0.0, 0.05, 0.10, 0.20 & 0.30) were prepared using mechanochemical activation method. Rietveld refined XRD patterns confirm the diphasic nature of composite samples. All of the diffraction peaks of (1 - x)BSZT-(x)CFO can be identified for the separate perovskite (BSZT) and inverse spinal (CFO) phases and no other impurity phase were observed for the composites. (1 - x)BSZT-(x)CFO sample with x = 0.05 have shown significant improvement in microstructural, dielectric, ferroelectric and piezoelectric properties over the pristine BSZT sample. Such an improvement in electrical properties can be attributed to larger grain size, improved density and easier ferroelectric domain wall motion inside the grain. Dielectric breakdown strength of the composites also shows a similar trend and is observed to be maximum for the sample with x = 0.05 CFO concentration. The composite samples also show a substantial enhancement in ferromagnetic characteristics and increases progressively with increase in ferrite (CFO) content.