Union Hybrid Equity Fund NFO – Aggressive Fund – Review & Analysis
Union Mutual Fund is planning to launch a Hybrid equity fund that would open for subscription from November 27, 2020. The Union Hybrid Equity Fund is an aggressive hybrid fund that invests 65% to 80% of its portfolio in equity and balance in debt instruments. During volatile stock markets, investing in balanced / hybrid mutual funds could be the best bet. Should you invest in the Union Hybrid Equity Fund NFO? What are the risk factors one should consider before investing in such funds?
Also Read: Best Balanced Mutual Funds to invest in 2020
What are Hybrid Mutual Funds?
Hybrid mutual funds, also called as balanced mutual funds invests in equity and debt instruments based on the investment objectives of the fund. These hybrid funds are further classified in several sub categories for the purpose of…