Hybrid mutual funds is a broad category which entails seven types of mutual fund categories. The latest AMFI data shows there are a total of 149 hybrid mutual fund schemes. The most popular ones are dynamic asset allocation and arbitrage hybrid funds with 31 and 27 schemes, respectively
Mirae Asset Mutual Fund announced the launch of the Mirae Asset Multi Asset Allocation Fund. The scheme opened for public subscription on January 10, 2024, and will close on January 24, 2024.
Six mutual fund NFOs or new fund offers will open for subscription this week. Should you invest in these NFOs to maximise the return of your portfolio?
Mahindra Manulife Multi Asset Allocation Fund is an open-ended scheme investing in equity, debt, gold/silver/ Commodity Exchange Traded Funds (ETFs) and Exchange Traded Commodity Derivatives.