Dynamic asset allocation funds: Why are they most sought-after hybrid mutual funds? MintGenie explains

For a lay investor, it is understandable to opt for equity for wealth creation and fixed income instruments for assured returns. But what would you do if you want considerable wealth creation along with safety of funds? One advisable way is to opt for hybrid mutual funds, which invest in a mix of debt and equity. Between hybrid funds, there are a number of sub-categories as well such as conservative hybrid funds, multi asset funds, equity savings funds and aggressive funds based on their equity allocation. 

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