Monetary tightening by the US Federal Reserve and fears of global recession have led to a sharp fall in equities and rise in bond yields. Investors believe the market will continue to see turbulence as central banks are in the beginning of a rate-hike cycle.
Given the change in market dynamics, mutual fund (MF) players are advising investors to opt for hybrid funds — a low volatile option, compared to pure-play equity funds. In the past three months, large-cap funds are down 5.57 per cent on average. Mid-cap and small-cap funds have given negative returns of 4 per cent and ...
