“Regular dividend seekers aren’t very happy with the hybrid fund category after the recent market fall and the government’s decision to tax dividends in the investor’s hands. However, I like this category because it is good for many kinds of investors,” says Hemant Rustagi, chief executive officer, Wiseinvest Advisors. If one looks at last year’s data, it is interesting to note that the hybrid fund category, in which the fund manager invests in equities, debt, and even uses the arbitrage strategy, was doing rather well till January-end.
Where do HNIs in India prefer to invest these days?
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