Hybrid funds are considered safer than equity funds and provide higher returns than debt funds. These funds are best when you are looking for a relatively safer investment as compared to equity funds but still want some exposure to equities
The ideal investment horizon for such funds is somewhere between 3-5 years. Therefore, they are suitable for young, budding investors who want to invest in equity markets, but still want a cushion against market volatility. They are also appropriate for conservative investors, who want to receive stable returns.