• Hybrid funds are a big type of category. • There are many types of funds. • In Conservative Hybrid Funds, 15% -20% allocation is in equity. • In Aggressive Hybrid, 70% -75% allocation is in equity. • Hybrid funds are good for medium-term goals for 4 to 5 years for aggressive players. • It is a very good fund for retired people. • There is the option of managing the asset allocation using hybrid funds.