Top Conservative Hybrid Mutual Funds for Investment in December 2024
The Conservative Hybrid Mutual Scheme invests in equities and debt securities, in which at least 75% to 90% of the assets are invested in debt securities like bonds, money market instruments, and cash equivalents. The remaining 10 to 25% is invested in equities like large-cap company stocks. These schemes are better for those investors who are seeking to invest a small part of their corpus in equity to get extra returns.
Most of the mutual fund experts believe that 2024 will be the year of hybrid funds. Due to uncertainties in the global economy and the continuously rising Indian stock market, experts have been suggesting investors proceed with caution. Because of this scenario, mutual fund experts believe that hybrid mutual funds can serve investors, especially inexperienced investors, better.
Conservative hybrid mutual funds have lower risk as compared to equity funds or aggressive hybrid funds and have lower exposure to the stock market.
The Conservative hybrid mutual funds are like the old monthly income plans (MIPs). MIPs were very popular at one time, and they used to invest a small portion of their portfolio in stocks. If you are looking for a regular income, a systematic withdrawal plan (SWP) will always be the best choice. Always be careful about how much you withdraw if you want to keep your capital unchanged. Always withdraw less than what you earn to protect your capital.
If you are investing in stocks for the very first time, then it will be risky. Stocks never provide any assured returns year after year.
Top conservative hybrid funds to invest in December 2024
- ICICI Prudential Regular Savings Fund
- Canara Robeco Conservative Hybrid Fund
- Kotak Debt Hybrid Fund
- SBI Conservative Hybrid Fund
In these top conservative hybrid funds, Canara Robeco Conservative Hybrid Fund has been in the top third quartile for the past four months, before the scheme had been in the top fourth quartile.
