POSTED BY October 30, 2013 9:20 am COMMENTS (3)ON
Could someone help me understand the Hybrid Funds and different types of Hybrid funds (Asset Allocation, Equity Oriented etc).
Is it same as Balanced Funds? What is the thought process behind investing in them (specially the fund of funds)? Which type with in Hybrid Fund types is fit for what purpose?
All I understand is that Hybrid funds are mix of equity and debt and change their allocation based on market condition, and investing in fund of funds is not a good idea as you pay double expense.