Money Making Tip! Want heavy returns? You can invest in these 3 top options
Money Making Tip! Hybrid funds are mutual funds that invest in more than one type of asset class, such as stocks, gold and bonds. This makes hybrid funds outstanding for a stand-alone option.
Money Making Tip! Hybrid funds are mutual funds that invest in more than one type of asset class, such as stocks, gold and bonds. This makes hybrid funds outstanding for a stand-alone option. Hybrid mutual funds are available in both equity and debt category. So, it all depends upon the risk appetite of the mutual fund investor while selecting the category of the hybrid plan. According to the tax and investment experts, hybrid mutual funds are comparatively safer than the regular mutual funds as it uses asset allocation, market analysis and portfolio diversification to ensure maximum returns at minimal risk.
Speaking on whether it's wise to invest in hybrid mutual funds tax, and investment expert Neeraj Chauhan said, "Hybrid mutual fund schemes diversify the investment and attempt to get the best of both worlds - capital appreciation through equity investing as well as stability and returns through investments in debt instruments. Hybrid schemes use asset allocation, market analysis and portfolio diversification to ensure maximum returns at minimal risk."
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Elaborating upon how it gives an opportunity for diversified portfolio Chauhan said, "Active risk management, portfolio diversification, and asset allocation are why most people invest in hybrid mutual fund schemes. Hybrid fund schemes are also a safe bet for new investors - as they efficiently allocate funds in the right proportion between asset classes and industries - based on the investment mandate and the fund type." He said that hybrid mutual funds are for those who don't want to take much risk while investing.
Asked about the hybrid funds of his choice that he would recommend to the mutual fund investors Chauhan said, "Mirae Asset Hybrid, Axis Equity Hybrid and SBI Equity Hybrid are my preferences for the mutual fund investors who want to invest in hybrid mutual fund schemes."
12:55 PM IST