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An analysis done by Cafemutual shows that individual investors account for 84% of the total hybrid AUM as on March 2024. Individual investors include both HNIs and retail investors.
The contribution of individual investors in hybrid funds was 92% in March 2019.
Of the total hybrid AUM of Rs.7.22 lakh crore in March 2024, Rs.6 lakh crore has come from individual investors.
While HNIs contributed 80% to the total individual assets with AUM of Rs.4.82 lakh crore, retail investors held Rs.1.25 lakh crore or 20% in hybrid funds.
In March 2019, hybrid funds had AUM of Rs.1.80 lakh crore of which Rs.1.66 lakh crore came from individual assets.
Goa MFD Dr. Celso Fernandes of Nave Marg Financial Consultant believes many individuals especially mass affluent are comfortable with less volatile products like hybrid funds. Also, many hybrid fund categories offer equity taxation, which attracts investors, he added.
George Thomas, Fund Manager, Equity, Quantum MF attributes this trend to diversification benefits. He said, “Individual investors are becoming more informed about investing their money wisely, they invest in funds that spread their investment across different asset classes. This diversification helps reduce the risk of losing their investment if one asset class performs poorly.”
Let's look at the table to know about individual assets in hybrid funds:
|
March 2024 |
Total industry AUM |
March 2023 |
Total industry AUM |
||
|
Hybrid Schemes |
Total Hybrid AUM |
Hybrid Schemes |
Total Hybrid AUM |
||
|
Investor Type |
AUM in crores |
% to Total AUM Hybrid |
Investor Type |
AUM in crores |
% to Total AUM Hybrid |
|
High Networth Individuals (HNI) |
4,82,119 |
79% |
High Networth Individuals (HNI) |
3,22,794 |
76% |
|
Retail |
1,24,839 |
21% |
Retail |
1,00,034 |
24% |
|
Total |
6,06,958 |
84% |
Total |
4,22,828 |
88% |
|
|
|||||
|
March 2022 Data |
Total industry AUM |
March 2021 Data |
Total industry AUM |
||
|
Hybrid Schemes |
Total Hybrid AUM |
Hybrid Schemes |
Total Hybrid AUM |
||
|
Investor Type |
AUM in crores |
% to Total AUM Hybrid |
Investor Type |
AUM in crores |
% to Total AUM Hybrid |
|
High Networth Individuals (HNI) |
3,10,610 |
76% |
High Networth Individuals (HNI) |
2,12,089 |
74% |
|
Retail |
96,676 |
24% |
Retail |
75,495 |
26% |
|
Total |
4,07,286 |
85% |
Total |
2,87,584 |
84% |
|
March 2020 Data |
Total industry AUM |
March 2019 Data |
Total industry AUM |
||
|
Hybrid Schemes |
Total Hybrid AUM |
Hybrid Schemes |
Total Hybrid AUM |
||
|
Investor Type |
AUM in crores |
% to Total AUM Hybrid |
Investor Type |
AUM in crores |
% to Total AUM Hybrid |
|
High Networth Individuals (HNI) |
1,66,025 |
75% |
High Networth Individuals (HNI) |
98,927 |
59% |
|
Retail |
54,416 |
25% |
Retail |
67,387 |
41% |
|
Total |
2,20,441 |
85% |
Total |
1,66,314 |
92% |
