Investment in hybrid mutual funds is gradually gaining momentum. Statistics show that during the month of January, these funds received inflow of more than Rs 20 thousand crore from investors. This is an increase of 37 percent compared to a month ago.
This much inflow happened in the current financial year
According to a report by news agency PTI, the total inflow in hybrid mutual funds in January Investment stood at Rs 20,634 crore. In this way, the total investment of hybrid mutual funds increased to Rs 1.21 lakh crore during the current financial year. During the last financial year, outflow from hybrid funds was seen in the first 10 months.
What is hybrid mutual fund?
Hybrid funds are those mutual funds which are a Also invest in both equity and debt. Apart from equity and debt, many hybrid funds also allocate their funds in asset classes like gold. For this reason, investors get the benefit of better diversification in hybrid funds. For investors who prefer to take less risk, hybrid mutual funds become a better option for them because due to the diverse portfolio, the fluctuations in these funds are comparatively less.
These 2 hybrid funds have more Investment
The PTI report quoted the Association of Mutual Funds in India as saying that hybrid funds received an inflow of Rs 15,009 crore during the month of December, before the inflow of more than Rs 20 thousand crore in January. Was. Hybrid funds have been receiving continuous inflows for almost a year. Among them also, two categories – Arbitrage Fund and Multi Asset Allocation Fund are getting the maximum investment. Arbitrage funds alone received more than 50 percent of the total investments received in January. Their total inflow was Rs 10,608 crore. Whereas Multi Asset Allocation Fund had received an inflow of Rs 7,080 crore.
Change in tax rules responsible
The biggest reason for increasing popularity and acceptance of hybrid mutual funds is tax related benefits. Are. The taxation rules regarding debt funds were changed in April last year. Since then, investment in hybrid mutual funds has increased and inflows have been recorded every month. Before that, in March 2023, more than Rs 12 thousand crore were withdrawn from hybrid mutual funds.
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