What is a Hybrid Fund?
Hybrid funds are a scheme that invests in more than one asset class. That means equity, debt and other asset classes depending on the investment objective of the scheme.
These funds reduce market risk by investing in a mix of different asset classes and diversifying the portfolio. So you get more profit on investments.
Edelweiss Hybrid Funds have returned over 17% in last 2 years. Find out about it here.
Edelweiss Aggressive Hybrid Fund (Edelweiss Aggressive Hybrid Fund)!
This fund is a highly risky hybrid fund launched by Edelweiss Mutual Fund in 2009.
And the fund has got 3 to 4 stars on the Grissil rating. The minimum SIP amount for this is Rs.500. The same lumpsum is Rs.5000.
In this SIP scheme has given 20% to 40% growth and profit to its investors in last 5 years. A withdrawal charge of 1% will be levied if the fund is withdrawn before 365 days.
Disclaimer: Mutual fund schemes are subject to market risks. Consult your advisor before investing and invest at your own discretion.