What are Hybrid Funds? What are the different types of Hybrid Mutual Funds?
Hybrid Mutual Funds invest in a mix of Equity, Debt, and gold-related instruments. The combination of asset classes will depend upon the investment objective of the fund.
A Mutual Fund is a popular investment vehicle for financial planning. It accumulates money from a group of investors and invests the corpus in a wide variety of financial asset classes like Equity, Debt, and Commodities etc. The value of the Mutual Funds is correlated to the performance of its composite assets.
In a Mutual Fund investment, when you buy a ‘Unit’, you invest in a section of the fund portfolio’s value. The price of a Mutual Fund is expressed as Net Asset Value (NAV). It is calculated by dividing the current value of assets in the fund’s portfolio by the total number of units owned by all the investors. You can purchase or redeem Mutual Fund units, as per your requirement at fund’s current NAV. It is declared at the end of each trading day.
Securities and Exchange Board of India (SEBI) and the Association of Mutual Funds in India (AMFI) directed Asset Management Company (AMC)s to stop subscriptions intending to invest in overseas securities with immediate effect, through an e-mail dated Jan 28, 2022 and Jan 30, 2022 respectively, in order to avoid a breach of industry-wide overseas investment limits, as permitted by RBI.
In line with the aforesaid directions, AMCs have discontinued subscriptions temporarily, in the schemes, which have a mandate to invest in overseas securities, with effect from Feb 02, 2022. However, the investments in the overseas Exchange Traded Funds may continue until further communication from SEBI.
In relation to instalments of Systematic Investment / Transfer Plans existing, as on Feb 01, 2022, existing SIP / STP instalments may continue, subject to compliance, with offer document conditions. However, the total utilisation by each AMC of the overseas investment limit shall be capped at the amount, as of end of day of Feb 01, 2022 in order to ensure compliance with the SEBI direction. If the same cannot be ensured by an AMC for any reason, then such AMC shall not raise any fresh debit authorisation with payment aggregators, effective Feb 02, 2022, and no allotments shall be made for existing SIP / STP instalments. However, units shall be allotted for instalments for which debit authorisation was sent to payment aggregators, prior to Feb 02, 2022.
In relation to Switch-out or instalments of Systematic / Dividend Transfer Plans existing, as on Feb 01, 2022 (where one of the designated schemes is the target scheme) - AMCs shall not trigger any Switch-out transactions or Systematic/Dividend transfer out instalments, effective Feb 02, 2022, where the destination scheme is blocked for investments pursuant to SEBI’s e-mail, dated Jan 28, 2022. However, units may be allotted where the Switch out transaction or the Systematic/Dividend transfer out leg was processed, prior to Feb 02, 2022.
ICICI Bank Limited is an “AMFI - Registered Mutual Fund Distributor”
A mutual fund is a professionally-managed trust that pools the savings of many investors and invests them in securities like stocks, bonds, short-term money market instruments. Investors in a mutual fund have a common financial goal and their money is invested in different asset classes in accordance with the fund’s investment objective. Any investment in such a financial instrument is termed mutual fund investment. Knowledge about a mutual fund scheme can be obtained from its Scheme Information Document (SID) and Fund Fact Sheet.
You can invest in Mutual Funds by logging in to ICICI Bank Internet Banking. Click on Investments and Insurance section > Invest online > Invest in Mutual Funds Alternatively, you can invest in MF through ICICI Bank iMobile pay > Invest & Insure section > Invest > Mutual Funds.
Mutual funds provide the following benefits:
Mutual fund investments are subject to market risks, please read all scheme related documents carefully. ICICI Bank Limited shall not be liable or responsible for any loss or shortfall resulting from the operations of the Mutual Fund scheme. Terms and conditions of ICICI Bank and third parties apply.
Sorry, but the page you were trying to view does not exist.
It looks like this was the result of either:
Mutual funds are one of the most popular forms of investments available in the market today. Mutual funds operate at the behest of asset management companies (or AMCs) that pool together investments from multiple individuals along with institutional investors that each have similar investment objectives.
Scroll to top