Conservative Hybrid Fund:
Conservative hybrid funds are hybrid mutual funds. They invest 75% to 90% of their total assets in debt instruments and the remaining 10% to 25% in equity.
It is a savings plan that is associated with conservative savings and investment plans. Because most of its assets are invested in debt securities. Apart from that they are also considered to be very safe investment avenues.
LIC Mutual Fund Debt Hybrid Fund (LIC MF Debt Hybrid Fund):
This fund is a 24 year old mutual fund scheme. The fund has been rated as an investment plan suitable for small investors with low market risks with 1 star on the Grisley rating.
The minimum investment amount for this fund is Rs.500. It is calculated that if you invest Rs.500 per month in a SIP plan, it will give you a good profit after 5 to 7 years.
So start saving for your future today by paying Rs.500 per month in this safe mutual fund with low market risks.
Disclaimer: Mutual fund schemes are subject to market risks. Consult your advisor before investing and invest at your own discretion.