Hybrid fund, the reason for increasing the amount of investment

Hybrid mutual funds have been gaining popularity among investors in India, with the category attracting over Rs 72,000 crore in the past seven months.

Hybrid fund

Is it good to invest in hybrid funds

This is due in part to a change in taxation for debt funds that kicked off in April 2023. Hybrid funds are mutual fund schemes that typically invest in a combination of equity and debt securities. This makes them a good option for investors who are looking for a balance of risk and return.

Hence, High Brit mutual fund schemes are becoming popular among investors. Investments of Rs 72,000 crore have been received under these types of schemes in the last seven months.

This huge inflow is said to be following a change in taxation on debt funds.

According to the latest data from the Association of Mutual Funds of India (Ambi), hybrid schemes saw inflows of Rs 9,907 crore last October. And the revenue for the last April-September quarter was Rs 62,174 crore.

Through this, in the first seven months of the current financial year, the total revenue has reached Rs 72,081 crore.

This is said to have attracted investors as hybrid funds are considered moderate to low risk.

These types of funds reduce the fluctuations of the market when the stock participates in the market. At the same time, they provide income stability in a stable market.

Thus, investors prefer to invest a portion in it for their fixed income, market analysts say.

Overall, the investment in hybrid funds is a positive sign for the Indian mutual fund industry. It suggests that investors are becoming more comfortable with investing in a diversified mix of assets.

Comments

What are the retirement expectations of Indian youth?

A majority of the Indian youth want to retire early and are expecting a large pension, a study has revealed. Retirement plan Retirement preferences of Indian youth In a survey conducted by Grant Thornton Bharat among various stakeholders across India to find out about retirement planning, more than 55 percent of the participants said that they expect a pension of more than Rs 1 lakh per month during retirement. However, it has also been revealed that the savings they have made are not enough to compensate for this. This study reveals that there is a huge gap between pension preferences and retirement planning. Most of the participants in the study said that they want to retire before the age of 45 to 55. However, they rely on traditional means such as provident fund, national pension scheme, and gratuity for retirement planning. More than 76 percent of the participants in the study said that they have not invested in annuity plans. The study emphasizes ...

What is the new rule of bank locker agreement

The bank locker facility helps in keeping gold jewelry, money, important documents, etc. safe. Those who use the locker service must sign a renewed agreement. Bank locker How to avoid the risk of bank locker service being suspended? Those who have not yet signed the renewed agreement should do so immediately, banks are reminding them. If the renewed agreement is not signed, there is a risk of the locker service being suspended. Let's see the important aspects related to locker agreement renewal. Locker Agreement: The Reserve Bank of India ordered in 2021 that a new rental agreement should be obtained from the beneficiaries using locker services. The Reserve Bank took this step considering customer complaints, technical aspects, and Supreme Court guidelines. Extension of deadline: The objective of the locker renewal agreement is to improve transparency and security regarding the operation of the locker service. The deadline for this was extended twic...

No tax on gold, gold prices plummet

New Delhi, Aug. 13-Gold prices fell by nearly two percent in the international market yesterday after US President Trump announced that there would be no tax on gold. Gold price gold price fall reasons The US Customs Department issued a statement last week that the tax would also apply to gold bars . Following this, prices rose sharply. The price of one ounce of gold, i.e. about 28.35 grams, reached a new high of Rs 3 lakh. White House sources said at the time that the tax would be applicable and that an official clarification would be made soon. Following this, Trump announced on his Truth Social social networking site the day before yesterday that 'there will be no tax on gold '. This announcement allayed investors' fears regarding price hike, leading to high selling of gold. Following this, the price of one ounce of gold fell below Rs 2.90 lakh. The international market situation was also reflected in India. In the last 2 days in Chennai, the price of 22-ka...

22k jewelers

Search This Blog