Multi-cap and hybrid funds seem to be catching investors' fancy amid rising market volatility. The reason: In uncertain times, multi-cap and hybrid funds offer stability through diversification, unlike factor and thematic funds, which promise higher returns but are more vulnerable to market fluctuations, according to fund managers.
"Investor interest towards hybrid or multi-cap offerings has been gradually picking up given the rise in market volatility over the past few months," said Harshad Borawake, head of research and fund manager, Mirae Asset Investment Managers (India).
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