Hybrid Mutual Funds Experience Record Inflows in June

Imagine a big pot of money that lots of people put their money into, called a mutual fund.

In June, people put a lot of money into funds that mix stocks and bonds.

These are called hybrid funds.

The amount of money going into these funds was the highest ever!

Overall, the whole pot of money in the mutual fund world grew.

People also continued to invest in stocks.

Even though some funds lost money, things are looking good because people keep putting money in every month through SIPs.