Aggressive hybrid funds rebalance their asset allocation based on market conditions. Apart from investing at least 65 percent of equity portion, fund managers allocate the remaining 35 percent into debt and other securities.
If you are about five to seven years away from retirement, moving a portion of the investment from risky assets to aggressive hybrid funds can not only help generate returns but also guard against erosion of accumulated corpus
How to invest for short and long term goals in a saving of Rs 12,000
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I am Trupti from Maharashtra. I want advice about investing money. My husband and I both are government employees. My salary is Rs 55,000 and husband’s salary is Rs 52,000. After calculating monthly expenditure, home loan EMI and other investments, my total balance is of Rs 12,000. We do not use my husband s salary. So, I want to invest the money but do not understand where to invest.