New Delhi. Hybrid mutual fund schemes are becoming increasingly popular among investors. In the last seven months, investors have invested more than Rs 72,000 crore in these schemes. Changes in taxation for debt funds and huge investment in the arbitrage category gave impetus to the above schemes. Hybrid mutual fund schemes usually invest in equity and bond securities and sometimes also in other asset categories like gold.
The category has been attracting regular investments since April following changes in taxation for bond funds this month. Earlier, there had been a net outflow of Rs 12,372 crore in this segment in March. According to the latest data from the Association of Mutual Funds of India (Amfi), investments worth Rs 9,907 crore were made in hybrid schemes in October. This category had attracted Rs 62,174 crore in April-September. With this, the total investment in the first seven months of the current financial year has reached Rs 72,081 crore. The data shows that out of this Rs 72,081 crore, the maximum amount of Rs 48,978 crore was put in the arbitrage category. Hybrid funds are the choice for investors with moderate or low risk appetite.
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