Hybrid and passive funds gained a lot of traction in the past two years owing to their advantages vis-a-vis active equity schemes, but are yet to emerge as competition to active equity funds when it comes to systematic investing.
An analysis of systematic investment plan (SIP) data shows that over 80 per cent of the net SIP inflows went to active equity schemes in September compared to only 6 per cent in passive schemes and 8 per cent in hybrid.
Debt schemes accounted for only 2 per cent of the net SIP inflows in September.
Investment advisors recommend the SIP