Hybrid and passive funds gained a lot of traction during the past two years owing to their advantages, vis-a-vis active equity schemes. However, they are yet to emerge as a competition to active equity funds when it comes to systematic investing.
An analysis of systematic investment plan (SIP) data shows that over 80 per cent of the net SIP inflows went to active equity schemes in September. This compares to only 6 per cent in the case of passive schemes and 8 per cent for hybrid.
Debt schemes accounted for only 2 per cent of the net SIP inflows in