If someone comes to me and says, give me your money and I will double it in 2 years.' So what will you do, I will just shut the door on that person. Because if the truth had been so good, we would all be rich and stinky.
The best investment option in today's world is Mutual Funds. Mutual Funds collect money from people like us. It takes Rs 500 from me, 500 from you and creates a money pool. A fund manager then uses this pool i.e. our money to invest in Stocks, Bonds, Assets does for.
Mutual Funds (Wiki) are a great option if you want to make long term investments because instead of living on a wasted bank, your money will make more money for you. But how can I be sure that Mutual Funds are investing my money or not? it ain't no sin
That's why your money remains 100% secure in it. However, if you have chosen a bad fund manager, then he may lose your money by investing in bad stocks. Let me tell you what to do if it doesn't happen. First, let's learn about the different types of Mutual Funds.
Mutual Funds are regulated by SEBI i.e. Security and Exchange Board of India (SEBI).
We don't have to worry about where it is being invested, as the fund manager takes care of it for a commission of 1% to 2%. Every day there is some financial fraud happening somewhere in the newspaper. So how can I trust someone by giving me my money? If we want to become rich then we need to invest smartly.
Mutual Funds are regulated by SEBI i.e. Security and Exchange Board of India (SEBI).
We don't have to worry about where it is being invested, as the fund manager takes care of it for a commission of 1% to 2%. Every day there is some financial fraud happening somewhere in the newspaper. So how can I trust someone by giving me my money? If we want to become rich then we need to invest smartly.
When you invest in Mutual Funds, do you have a question whether you should invest in Equity Fund or Debt Fund? So let's also solve the problem today and know about Hybrid Fund.
Hybrid fund is an option of mutual fund investment that allows you to invest in debt, equity and other asset classes. In this, neither the risk is high nor the return is high, that means hybrid fund gives medium return with medium risk.
If you invest in equity funds, then there is a risk of losing money due to lack of proper knowledge in it and can also get high returns while debt funds have low returns due to less risk. Hybrid Mutual Fund invests in both equity and debt assets. This means that hybrid funds are a mixture of debt and equity assets, so hybrid mutual funds have less risk than equity funds and more risk than debt funds.
Hybrid mutual funds invest in a mix of equity and debt to offer investors a well-diversified portfolio. Each type of hybrid fund has a different investment style and goal depending on the asset class allocation and risk factor. That's why it makes it important to check each category to see which one is best for your portfolio. These funds can have a varying range of risk levels. This risk is less in well rated funds. That's why we bring you the top 5 best hybrid mutual fund schemes here. The schemes that we will be giving information about have given good returns to the investors
Quant Absolute Fund - Direct Plan-Growth It is an open-ended aggressive hybrid mutual fund with a 5-star rating by CRISIL. The Asset Under Management (AUM) of the fund is Rs 341.66 crore. The fund has an expense ratio (ER) of 2.15 per cent, which is higher than its category average ER. Presently, the fund has invested 78.81% in Equity and 18.50% in Debt. Its 2-year absolute return from SIP has been 30.27 per cent, in 3 years 53.45 per cent and in 5 years 76.37 per cent.
ICICI Prudential Equity and Debt Fund CRISIL has also given it a 5-star rating. It is an aggressive hybrid fund launched by ICICI Prudential Mutual Fund on 03 November 1999. The fund has an AUM of Rs 19330.76 crore. It has an ER of 1.26%, which is higher than its category average ER. Its 2-year absolute return from SIP has been 28.75 per cent, in 3 years 41.12 per cent and in 5 years 54.55 per cent.
BOI AXA Mid & Small Cap Equity & Debt Fund It is a 5-Star Rated Aggressive Hybrid Fund launched by BOI AXA Mutual Fund on 20 July 2006. The fund has an AUM of Rs 363.21 crore. Its BOI AXA is 1.53%, which is lower than its category average expense ratio. Its 2-year absolute return from SIP has been 22.83 per cent, in 3 years 42 per cent and in 5 years 50.42 per cent.
ICICI Prudential Multi-Asset Fund - Direct Plan-Growth It is a multi-asset allocation mutual fund with a 4-star rating by CRISIL. It was launched on 31 October 2002 by ICICI Prudential Mutual Fund. It has an AUM of Rs 13314.97 crores. The fund has an ER of 1.18%, which is higher than its category average ER. Its 2-year absolute return from SIP has been 27.62 per cent, in 3 years 39.52 per cent and in 5 years 52.14 per cent.
Kotak Equity Hybrid - Direct Plan-Growth It is a 4-Star Rated Aggressive Hybrid Fund launched by Kotak Mutual Fund on 25 November 1999. The AUM of the fund is Rs 2554.09 crore. It has an ER of 0.67 per cent, which is lower than its category average expense ratio. Its 2-year absolute return from SIP has been 17.66 per cent, in 3 years 30.28 per cent and in 5 years 44.35 per cent.
And always remember, when it comes to Mutual Funds investment, there is such an investment option, which includes 0% Risk and 100% Returns.