7 Different Types of Hybrid Funds
Diversification is often the key to a well-balanced portfolio. The idea is that your investment in different asset classes could mitigate if one asset class is facing losses.
Now, there are different ways to diversify your investments. But doing so manually could be hard work, and it demands constant monitoring. That’s where hybrid mutual funds come to the rescue. Read on to find out more about them.
What are hybrid mutual funds?
Hybrid funds are mutual funds that invest in multiple asset classes, including equities, debts, currencies, commodities etc. It aims to provide investors with a diversified portfolio.
Similar to regular mutual funds, hybrid funds also follow a theme, and they will have a portfolio which reflects that. Below are seven types of hybrid mutual funds.
Conservative Hybrid Funds
These are hybrid funds with up to 90% of their portfolio filled with conservative investment options like debt. Fund houses …