Economics · Economy
Consider the following statements regarding Hybrid Mutual Funds: Statement I: Hybrid mutual funds allow investors to maintain a balanced allocation across asset classes to achieve growth and stability without manually rebalancing portfolios. Statement II: Under SEBI's mutual fund categorization norms, hybrid funds are strictly restricted to allocating assets between equity and debt instruments only, and they are prohibited from investing in gold ETFs, Silver ETFs, REITs, or InvITs. Which one of the following is correct in respect of the above statements?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Statement I is incorrect, but Statement II is correct.
- 2Statement I is correct, but Statement II is incorrect.✓
- 3Both Statement I and Statement II are correct, but Statement II is not the correct explanation for Statement I.
- 4Both Statement I and Statement II are correct, and Statement II is the correct explanation for Statement I.
Correct answer
Statement I is correct, but Statement II is incorrect.
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