News From Press What are the advantages of investing in aggressive hybrid funds?

What are the advantages of investing in aggressive hybrid funds?

Source: ET Jan 25, 2024

Financial planners believe first-time equity investors can consider aggressive hybrid funds, which offer exposure to equity and debt. These funds provide an automatic asset allocation solution, with equity allocation being pruned and moved to debt when necessary. Aggressive hybrid funds are taxed as equity funds, making them advantageous for investors in higher tax brackets.

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