Mutual funds are one of the financial instruments that people consider for investment and long-term saving. The latest reports show that there are 5 types of funds that are stealing the highlights and routed great hikes. In September the data was recorded at 36.7 Trillion that went up and hit the AUM board with the next record height of 37.3Trillion. When we look over the Equity economic calendar the growth has increased by 20%.
Here. we are mentioning all of those 5 trending mutual funds that are considered by the ICICIsecurities and other economic reports:
Hybrid Funds: It is arranged in a diversified portfolio and has performed well in the separate classification of Mutual fund or ETF. In General, Dynamic Asset Allocation or Balanced Advantage Funds, Aggressive Hybrid Funds are trending in the economic market. Investors find the Dynamically Managed Equity Funds more attractive and suitable from an investment perspective.
Equity Fund: For a while, small-cap funds have performed offbeat but made a great comeback and investors are earning profit through small-cap and mid-cap mutual funds. Equity Funds have showered the financial blessings on the investors in different mediums like Small Caps, Midcaps, Flexi caps, etc. These are safe and worth the investment this time.
NFOs: NFOs are known as New Fund offers. It has performed flawlessly among the group of Equity funds. During the timespan of 4-5 months from May to September, NFOs collected a record of 30,000.
ETFs: ETFs are blessed by NIFTY 50 and BSE performance. The trend to invest in an ETF is increasing and it has a long traversed path of growth. The government is also extending the support for retail investors and offering opportunities to drive the investment. The AUM for ETF was RS. 5400 Crore that has crossed the mark of 3.5 Trillion and it will keep going up.
Bond Markets: bond Markets have collaborated with local Mutual Fund Investors and increased their cash capital along with managed debt funds assets. They are in the mood to wait and watch. They will take the action according to the market environment and behavior. The Gross Rate of YTM(yield to maturity) and AAA-rated corporate funds has decreased therefore these are facing a change in popularity.
