Hybrid funds that outperformed their benchmark in the last one year
A hybrid scheme is subdivided into 6 subcategories so, let's have look at the out-performance of the same schemes as against their benchmark
As we are aware, a mutual fund offers various types of schemes viz. equity-oriented, debt-oriented, hybrid, solution-oriented and other funds which are further divided into various sub-categories.
A hybrid scheme is subdivided into six subcategories. As per AMFI, the hybrid scheme net AUM has surged from Rs 3,17,572.06 crore as of December 2020 to Rs 4,70,440.23 crore as of December 2021 i.e., 48.14 per cent increase in net AUM. The net inflow of hybrid schemes has also increased from an outflow of Rs 5,932.26 crore as of December 2020 to an inflow of Rs 563.40 crore as of December 2021.
So, let’s have look at the top 3 hybrid funds from each subcategory:
|
Aggressive Hybrid Fund
|
|
Fund Name
|
1-Year Return (%)
|
AUM (in crores) (as of Dec 2021)
|
Expense Ratio (%) (as of Dec 2021)
|
Benchmark 1-Year Return (%)
|
Outperformance of Fund as against its benchmark (%)
|
|
BOI AXA Mid & Small Cap Equity & Debt Fund
|
46.92
|
₹371
|
1.84
|
NIFTY Mid Small Cap 400 TRI(70.00), CRISIL Short-Term Bond Index(30.00)
|
32.34
|
14.58
|
|
ICICI Prudential Equity & Debt Fund
|
44.48
|
₹18,456
|
1.21
|
CRISIL Hybrid 35+65 Aggressive Index
|
17.41
|
27.07
|
|
Quant Absolute Fund
|
41.94
|
₹136
|
2.38
|
CRISIL Hybrid 35+65 Aggressive Index
|
17.41
|
24.53
|
|
Conservative Hybrid Fund
|
|
Sundaram Debt Oriented Hybrid Fund
|
14.51
|
₹34
|
1.20
|
CRISIL Hybrid 85+15 Conservative Index
|
6.36
|
8.15
|
|
Kotak Debt Hybrid Fund
|
14.03
|
₹1,268
|
0.48
|
CRISIL Hybrid 85+15 Conservative Index
|
6.36
|
7.67
|
|
HDFC Hybrid Debt Fund
|
13.70
|
₹2,664
|
1.38
|
NIFTY 50 Hybrid Composite Debt 15:85 Index
|
6.63
|
7.07
|
|
Equity Savings Fund
|
|
Sundaram Equity Savings Fund
|
19.33
|
₹301
|
0.85
|
NIFTY Equity Savings Total Return Index
|
10.33
|
9.00
|
|
HDFC Equity Savings Fund
|
18.07
|
₹2,521
|
1.28
|
NIFTY Equity Savings Total Return Index
|
10.33
|
7.74
|
|
Mahindra Manulife Equity Savings Dhan Sanchay Yojana
|
17.54
|
₹373
|
0.73
|
NIFTY Equity Savings Total Return Index
|
10.33
|
7.21
|
|
Arbitrage Fund
|
|
Axis Arbitrage Fund
|
4.91
|
₹4,139
|
0.31
|
NIFTY 50 Arbitrage Total Return Index
|
2.51
|
2.4
|
|
Edelweiss Arbitrage Fund
|
4.76
|
₹6,401
|
0.34
|
NIFTY 50 Arbitrage Total Return Index
|
2.51
|
2.25
|
|
Nippon India Arbitrage Fund
|
4.73
|
₹11,596
|
0.34
|
NIFTY 50 Arbitrage Total Return Index
|
2.51
|
2.22
|
|
Multi Asset Allocation Fund
|
|
Quant Multi Asset Fund
|
62.28
|
₹172
|
0.56
|
S&P BSE 200 TRI(65.00), MCX I-COMDEX Composite Index(20.00), CRISIL Short-Term Bond Index(15.00)
|
-
|
-
|
|
ICICI Prudential Multi Asset Fund
|
39.72
|
₹12,321
|
1.18
|
NIFTY 200 TRI(65.00), NIFTY Composite Debt Index(25.00), London Gold(10.00)
|
-
|
-
|
|
Tata Multi Asset Opportunities Fund
|
23.73
|
₹1,213
|
0.44
|
S&P BSE 200 TRI(65.00), MCX I-COMDEX Composite Index(20.00), CRISIL Short-Term Bond Index(15.00)
|
-
|
-
|
|
Dynamic Asset Allocation or Balanced Advantage Fund
|
|
HDFC Balanced Advantage Fund
|
30.43
|
₹41,282
|
1.03
|
NIFTY 50 Hybrid Composite debt 50:50 Index
|
13.66
|
16.77
|
|
ITI Balanced Advantage Fund
|
21.83
|
₹510
|
0.44
|
NIFTY 50 Hybrid Composite debt 50:50 Index
|
13.66
|
8.17
|
|
Edelweiss Balanced Advantage Fund
|
18.63
|
₹7,048
|
0.45
|
NIFTY 50 Hybrid Composite debt 50:50 Index
|
13.66
|
4.97
|