NJ India Unit Manager Interview Questions and Answers

A type of mutual fund that invests in both stocks and bonds.

• Hybrid funds offer a balanced portfolio of stocks and bonds.

• They are also known as asset allocation funds.

• The allocation between stocks and bonds can vary depending on the fund's objective.

• Examples include Vanguard Balanced Index Fund and Fidelity Puritan Fund.

The current AUM of the MF Fund Industry is around INR 31.43 lakh crore.

• As of August 2021, the total AUM of the Indian mutual fund industry stood at INR 31.43 lakh crore.

• This is an increase of around 17% from the previous year.

• Equity funds account for the largest share of AUM, followed by debt funds and hybrid funds.

• The top 5 mutual fund houses in India manage around 60% of the total AUM.

• The AUM of the industry is expec