It is an equity-oriented hybrid fund that invests at least 65% of the corpus in equity and equity-related instruments and the rest in debt and money market instruments. At any point in time the fund allocates 20%-35% of the total corpus in debt and money market securities. The key objective of such funds is to generate risk-adjusted long term capital gains by changing asset allocation between equity and debt securities. Investors with moderately high-risk appetite and at least 3 years of investment horizon can invest in this scheme.
It is an equity-oriented hybrid fund that invests at least 65% of the corpus in equity and equity-related instruments and the rest in debt and money market instruments. At any point in time the fund allocates 20%-35% of the total corpus in debt and money market securities. The key objective of such funds is to generate risk-adjusted long term capital gains by changing asset allocation between equity and debt securities. Investors with moderately high-risk appetite and at least 3 years of investment horizon can invest in this scheme.