Investors turn to hybrid funds on high valuations, shows data

In October, hybrid schemes received net inflows in excess of Rs 10,000 crore, taking the total inflows in such schemes in FY22 to Rs 79,431 crore

Hybrid schemes have garnered higher inflows than equity-oriented schemes this financial year, with investors booking profits and rebalancing their portfolios amid a steep rally in Indian equities.

In October, hybrid schemes received net inflows in excess of Rs 10,000 crore, taking the total inflows in such schemes in financial year 2021-22 (FY22) to Rs 79,431 crore. Equity schemes have received inflows of Rs 64,651 crore in the same period. All the hybrid sub-categories, with the exception of arbitrage and hybrid aggressive/balanced schemes, saw inflows in October.

“Broadly the mood to invest in equities remains but we do see an element of profit