Debt oriented hybrid funds are multi fund assets that spread across different asset classes and invest in equity, debt market, money market and gold schemes. These funds provide the benefit of multiple asset classes through a single scheme. Take a look at 6 hybrid oriented specialty funds that you could consider as an investment.
Quantum Multi asset Fund to generate capital appreciation with reduced risk.
The NAV of Quantum Multi Asset Fund is 12.6193 (as of June 19, 2014). Short term returns (6 months-1year) is between 10.8 per cent and 20 per cent. The exit load on the scheme is 1 per cent if redeemed on or before 90 days from the date of allotment.
Axis Triple Advantage Fund to generate long term capital appreciation.
As of June 19, 2014, NAV of Axis Triple Advantage Fund is 13.6978. The Short term returns (6 months - 1 year) lies in between 8.6 per cent and -13.6 per cent. The exit load is 1 per cent if redeemed on or before 90 days from the date of allotment.
Morgan Stanley Multi Asset Fund – Plan B(G) to generate regular income and capital appreciation.
The NAV of the fund as of June 19, 2014, is 11.8002. Returns during the last 6 months to 1 year is in the range of 6.7 per cent - 6.5 per cent. Here too, the exit is one per cent if redeemed on or before 90 per cent from the date of allotment.
Kotak Multi Asset Allocation Fund(G) to generate income and growth.
The NAV of the scheme is currently at 13.703 as of June 19, 2014. Short term return for both 6 months and 1 years is 7.2 per cent. The exit load is same as other funds, i.e. 1 per cent if redeemed within 1 year from allotment date.
Canara Rebeco InDiGo to provide capital appreciation.
The NAV of Canara Rebeco InDiGo is 13.3065 as of June 19, 2014. Short term returns have been in the range of 1.3 per cent to 5.5 per cent. Here, the exit load if redeemed before an year from the allotment date is 1 per cent.
Union KBC Asset Allocation Fund to provide provide capital appreciation.
The NAV of Union KBC Asset Allocation Fund is 10.68 as of June 19, 2014. Returns for the short term is between 7 per cent to 7.3 per cent. Exit load is 0.50 per cent if redeemed within 6 months of allotment date.