New Delhi. While the stock market has touched its all-time high in the year 2024, the market has seen a huge decline in the last two months. Amidst this fluctuating business in the market, investors prefer to invest in Hybrid Funds of Mutual Funds.
Last month, i.e., in November, an investment of Rs 4,129 crore was made in hybrid funds. From this, it can be guessed that hybrid funds are becoming popular among investors. According to the report, the asset under management of this scheme has increased by 45 percent in one year.
Hybrid funds rise
According to the report of the Association of Mutual Funds in India (Amfi), the AUM of hybrid funds has increased to Rs 8.77 lakh crore in the last year. In one year, it saw an increase of Rs 6.02 lakh crore. Now the question arises that why investors are moving towards hybrid funds. The answer is that amid the fluctuating business in the stock market, investors are preferring hybrid funds for safe investment. hybrid funds, investors can invest in both equity and debt. In this, the investor gets good returns with low risk.
Stand-out Nippon India Multi-Asset Fund
In October this year, 23 lakh new accounts were opened in hybrid funds. In such a situation, now mutual funds are also focusing on hybrid funds. Many fund houses give investors the option of debt and equity in hybrid. Nippon India Multi Asset Fund is different among these fund houses.
Actually, in Nippon India Multi Asset Fund, investors can invest in international equity along with investing in equity, debt and commodity. This means that the investor is getting more options in it. If we talk about the performance of this fund, then it has given a return of 23.02 percent in one year. On the other hand, Nippon Balanced Advantage Fund has given a return of 19.39 percent.
If we compare Nippon Fund with other funds, HDFC Multi Asset has given a return of 18.9 percent in one year. Similarly, Kotak Multi Asset has given a return of 23.5 percent. Whereas, Nippon Multi Asset has given a return of 25.93 percent.
Hybrid funds secure the investment amid the ongoing fluctuations in the stock market. Keeping the investment amount safe is an important need of every investor. Although hybrid funds are affected by the stock market movements, it helps the investor to avoid the worry of loss during the selling market.
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