2023-24 saw hybrid mutual funds attract Rs 1.45 lakh crore in investments, driven by arbitrage category inflows and an increase in investor numbers to 1.35 crore.
Hybrid mutual funds experienced a comeback in 2023-24, attracting Rs 1.45 lakh crore in investments, primarily driven by arbitrage category inflows. The surge in assets coincided with an increase in investor numbers, reaching 1.35 crore in March 2024 from 1.21 crore the previous year, adding a 14 lakh investor base. Hybrid funds, which invest in a mix of equity, debt, and sometimes gold securities, have seen consistent inflows since April after changes in debt fund taxation.
April 21, 2024
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