Indian equity markets are witnessing intense volatility due to the geopolitical tensions and imminent interest rate hike by the US Federal Reserve (US Fed). In this backdrop, mutual fund (MF) players recommend that investors stick with hybrid funds as they have lower volatility than pure equity funds.
In the last three months, on an average, large-cap funds have declined by 3.7 per cent, while small and mid-cap funds have delivered negative returns. Several hybrid funds have seen lower declines than the markets and given negative returns in the range of 1-2 per cent in the last three months. The data from