After witnessing incessant outflow for three consecutive quarters, hybrid mutual fund schemes have caught investors’ fancy and attracted over Rs 14,000 crore for three months ended June, following a recent change in taxation for debt funds.
This was way higher than the Rs 10,084 crore inflow seen in hybrid schemes in the April-June quarter of 2022, data from the Association of Mutual Funds in India (Amfi) showed.
In addition, the asset base of hybrid funds and investors’ account or folio numbers of such schemes increased in the quarter under review.
Hybrid funds are mutual fund schemes that typically invest in a combination of equity and debt securities and sometimes in other asset categories such as gold.
These funds appeal more to investors with a moderate or low-risk profile. Hybrid funds are good investment options as they reduce the volatility associated when participating in equity markets while simultaneously providing stability in the fixed-income market.
Going by the data
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