Dynamic hybrid funds, including balanced advantage and multi asset funds, have seen significant growth in AUM over the past 4 years, attracting conservative investors. Each AMC has unique structures and strategies, leading to stark contrasts in net equity exposure and returns.
Out of the 42 AMCs, only 29 invested in ZEE, while the remaining 13 held a very small amount of the stock, with ICICI Mutual Fund holding the highest exposure to ZEE.
Mutual fund schemes to save for retirement and child education
SECTIONS
Last Updated: Feb 23, 2021, 12:35 PM IST
Share
Synopsis
If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
Getty Images
I am a 31-year-old married, IT professional. Currently, I am planning a family. I have a monthly SIP of Rs 3,000 in HDFC Top 100 Fund - Direct Plan - Growth Option which I started a year ago. I also invested a lump sum amount periodically in HDFC Hybrid Equity Fund - Direct Plan - Growth Option. I have invested around Rs 1.10 lakhs in it till date. I have around Rs 2 lakh in Nippon India Low Duration Fund as an emergency fund. I invested a lump sum amount in ICICI Prudential Balanced Advantage Fund - Direct Plan - Growth periodically. Current valuation is Rs 1 lakhs +. I have long term SIP for 10 years in L&T Midcap Fund Direct Plan - Growth for 2000 per month. It s currently in the second year. Apart from these I