Question

    Which mutual fund scheme became the first hybrid fund in

    India to cross ₹1 trillion AUM? 
    A SBI Balanced Fund Correct Answer Incorrect Answer
    B ICICI Prudential Equity & Debt Fund Correct Answer Incorrect Answer
    C HDFC Balanced Advantage Fund Correct Answer Incorrect Answer
    D Axis Hybrid Growth Fund Correct Answer Incorrect Answer
    E Kotak Equity Hybrid Fund Correct Answer Incorrect Answer

    Solution

    The HDFC Balanced Advantage Fund achieved ₹1 trillion AUM, the first hybrid fund in India to reach this milestone. 

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