HybridFund
Definition
A mutual fund that invests in a mix of equity and debt instruments, providing diversification within a single fund. Sub-categories include conservative hybrid (10-25% equity), balanced hybrid (40-60% equity), aggressive hybrid (65-80% equity), and multi-asset allocation funds.
Example
An aggressive hybrid fund investing 70% in equity and 30% in debt provides equity exposure with some debt cushion, suitable for moderate-risk investors.
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