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Aggressive hybrid mutual funds have delivered impressive returns, with JM Aggressive Hybrid Fund leading with a 55.48% return. Strategic asset allocation and risk management have contributed to their stellar performance, making them attractive for investors with higher risk appetite.
JM Aggressive Hybrid Fund, the topper in the category, delivered 55.48% return in the last one year. Bank of India Mid & Small Cap Equity & Debt Fund gave 47.28% return in the said period.
Samco Mutual Fund announced the launch of the Samco Dynamic Asset Allocation Fund. The scheme opened for public subscription on December 07, 2023, and will close on December 21, 2023.
Bajaj Finserv Mutual Fund announced the launch of the Bajaj Finserv Balanced Advantage Fund. The scheme opened for public subscription on November 24, 2023, and will close on December 08, 2023.
A balanced hybrid, multi asset allocation, and an arbitrage fund will open for subscription this week in the market. Should you invest in these new fund offers?