Why this ₹48,450 crore fund manager says it's time for a balanced hybrid fund

A fund manager overseeing around 48,450 crore in assets recommends balanced hybrid funds for the next 12-24 months, citing a moderate-return environment. While constructive on Indian equities due to resilient macros, proactive policy, and healthy corporate balance sheets, he flags slowing global growth and trade pressures as headwinds limiting upside. The suggested allocation is 40-60% in equities, with debt providing a cushion against market volatility.