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Hybrid Funds will Take Care of It

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Hybrid Funds will Take Care of It

Hybrid Funds – An Introduction 

Hybrid mutual funds in both equity and debt instruments to avoid any sort of concentration risk, but to achieve diversification. A perfect mixture of the two offers high returns as compared to a regular debt fund; also, not being that risky as equity funds. The choice of hybrid funds depends on your investment objective and risk preference.  

Hybrid Funds – The Working 

The aim of hybrid funds is to achieve wealth appreciation in the long run & generate income in the short run via a balanced portfolio. The fund manager assigns your money in different proportions in debt and equity based on the fund objective; and may buy or sell securities to take advantages of market movements.  

Factors to Consider Before Investing 

Here: 

  • It won’t be good to assume that hybrid funds are totally risk-free. However, it might be less risky as compared to equity funds, but make sure you are aware enough to pick hybrid funds. 
  • Hybrid funds don’t offer valuable/guaranteed returns as the performance depends on the fluctuations of the market.  
  • These funds are ideal for a medium term investment horizon (like 5 years).  
  • You can meet intermediate financial goals like funding higher education, buying a car or home with hybrid mutual funds. Retirees too can invest in these funds.  

Top 5 Hybrid Funds as per Gulaq 

Here: 

  • PGIM India Global Equity Opportunities Fund: It is a others mutual fund scheme that was launched by DHFL Pramerica mutual fund. Later on, it was introduced on 8th Jan 2013 to its investors. Currently, the fund is managed by Alok Agarwal. Talking about AUM, it is of INR 49 Cr, and the latest NAV is of 23.19 (dated as of 26th Feb 2020). The fund growth is rated high risk. Also, the minimum SIP investment is SIP INR 500, and, lumpsum investment is INR 5000. Exit load of 1% only if redeemed within a year.  
  • Tata Retirement Savings Fund– Progressive: It is s solution oriented mutual fund that was launched by Tata mutual fund. Later on, it was introduced on 1st Nov 2011 to its investors. Currently, the fund is managed by Sonam Udasi, and Murthy Nagarajan. Talking about AUM, it is of INR 1179 Cr, and the latest NAV is of INR 34.67 (dated as of 26th Feb 2020). The fund growth is rated moderately high risk. Also, the minimum SIP investment is INR 500, and, lumpsum invested is INR 5000.  
  • SBI Equity Hybrid FundIt is a hybrid mutual fund scheme that was launched by SBI mutual fund. Later on, it was introduced on 1st Jan 2013 to its investors. Currently, the fund is managed by Dinesh Ahuja, and Rama Iyer SrinivasanTalking about AUM, it is of INR 32,585 Cr, and the latest NAV is of INR 157.50 (dated as of 26th Feb 2020). The fund growth is moderately high risk. Also, the minimum investment is INR 500, and, lumpsum investment is INR 1000.  
  • Canara Robeco Equity Hybrid FundIt is a hybrid mutual fund scheme that was launched by Canara Robeco mutual fund. Later on, it was introduced on 2nd Jan 2013 to its investors. Currently, the fund is managed by Shridatta Bhandwaldar, Ravi Gopalakrishnan, and Avnish Jain. Talking about AUM, it is of INR 3000 Cr, and the latest NAV is of INR 184.57 (dated as of 26th Feb 2020). The fund growth is rated moderately high risk. Also, the minimum SIP investment is INR 1000, and, lumpsum investment is INR 5000.  
  • Axis Childrens Gift FundIt is a solution oriented mutual fund scheme that was launched by Axis mutual fund. Later on, it was introduced on 8th Dec 2015 to its investors. Currently, the fund is managed by Ashish Naik, and R Sivakumar. Talking about AUM, it is of INR 470 Cr, and the latest NAV is of INR 15.46 (dated as of 26th Feb 2020). The fund growth rate is moderately high risk. Also, the minimum SIP investment is INR 1000.  

Looking to invest? Hop on to gulaq.com and start investing in direct mutual funds. Furthermore, you can also get in touch: [email protected] 

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*Disclaimer: investment in securities market are subject to market risks, read all the related documents carefully before investing

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