Markets and Finance
Multi-asset playbook divides mutual fund industry; hybrids in demand

The change in debt fund taxation is seen as boosting the demand for hybrid funds. It is no surprise then that asset management companies (AMCs) have launched a raft of new products in the multi-asset category. However, they seem to be divided on the asset mix and approach. The multi-asset space, which provides fund houses ample scope to innovate, has seen five launches in as many months.

News Source:- https://www.rediff.com/business/report/multi-asset-playbook-divides-mutual-fund-industry-hybrids-in-demand/20230916.htm