Why do new mutual fund investors prefer hybrid schemes?

New mutual fund investors prefer equity-oriented hybrid schemes (popularly known as balanced schemes) to pure equity schemes, say financial planners. The demonetisation drive of the central government has prompted these investors to look for new avenues to earn more than traditional bank deposits. However, they are not buying the sales pitch that pure equity funds like largecap funds that invest 100 per cent of the corpus have the potential to offer superior returns than balanced funds that invest their corpus in a mix of equity and debt 

Click here to read more>>