ETMarket identified top seven hybrid mutual funds with over 20% gains in the last three years. Hybrid funds balance risk and reward by investing in both equity and debt. Equity-oriented hybrids have similar tax treatment to equity schemes, while debt-oriented hybrids are taxed like debt schemes.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,