As small cap funds tend to grow faster during a bull run, it is important to check the portfolio for risky stocks and consider reallocating towards large caps or debt funds.
The focused fund category received an inflow of Rs 142.67 crore. The ELSS category witnessed the lowest inflow of Rs 104.40 crore in November. It got an inflow of Rs 266.35 crore in october.
Hybrid funds are back in the limelight after the debt taxation changes in the Budget. This category has seen net inflows of Rs 72,000 crore. What changed for this category and why are investors making a beeline for these funds? Chintan Haria of ICICI Prudential Mutual Fund has answers.
After going through a rough patch, hybrid funds are expected to do well as equity markets remain buoyant. These funds, which invest in both debt and equity, are slowly growing popular as they give stable returns while offering tax advantages to investors.