Top 10 best performing Aggressive Hybrid Funds
In India, people are getting aware of the kind of returns equity deliver and more investors are getting attracted towards the same. Investors with lower risk appetites are also luring towards the same and ready to take up some risk. So, such investors can invest in hybrid funds which has exposure of both equity as well as debt which are ideal for investors who have a moderate risk appetite. As per SEBI, there are six sub-categories of hybrid scheme out of which aggressive hybrid fund is the fund that invests at least 65 per cent to 80 per cent of total assets towards equity and equity-related instruments and invests at least 20 per cent to 35 per cent of total assets towards debt instruments.
An investor who wants to invest a higher proportion towards equity and a lower proportion in debt in order to maintain stability can invest in this fund.
As per AMFI, the Net AUM of the aggressive hybrid fund has surged up by 20.44 per cent from Rs 1,18,310.28 crore as of November 2020 to Rs 1,42,499.91 crore as of November 2021.
Let’s look at the top 10 best performing aggressive hybrid funds on the basis of one-year return:
|
Fund Name
|
1-Year Return (in per cent)
|
Benchmark 1-year Return (in per cent)
|
AUM (as of November 2021) (in crores)
|
Expense Ratio (as of October 2021) (in per cent)
|
|
BOI AXA Mid & Small Cap Equity & Debt Fund
|
52.73
|
NIFTY Mid Small Cap 400 TRI(70.00), CRISIL Short-Term Bond Index(30.00) – 35.50
|
₹351
|
1.82
|
|
Quant Absolute Fund
|
45.95
|
CRISIL Hybrid 35+65 Aggressive Index – 19.49
|
₹117
|
2.38
|
|
ICICI Prudential Equity & Debt Fund
|
40.73
|
CRISIL Hybrid 35+65 Aggressive Index – 19.49
|
₹18,303
|
1.25
|
|
Mahindra Manulife Hybrid Equity Nivesh Yojana
|
32.29
|
CRISIL Hybrid 35+65 Aggressive Index – 19.49
|
₹324
|
0.67
|
|
UTI Hybrid Equity Fund
|
30.93
|
CRISIL Hybrid 35+65 Aggressive Index – 19.49
|
₹4,171
|
1.39
|
|
IDFC Hybrid Equity Fund
|
30.91
|
CRISIL Hybrid 35+65 Aggressive Index – 19.49
|
₹571
|
1.18
|
|
Baroda Hybrid Equity Fund
|
30.83
|
CRISIL Hybrid 35+65 Aggressive Index – 19.49
|
₹396
|
1.79
|
|
Kotak Equity Hybrid Fund
|
29.99
|
NIFTY 50 Hybrid Composite Debt 65:35 Index – 17.65
|
₹2,170
|
0.73
|
|
Sundaram Equity Hybrid Fund
|
28.81
|
CRISIL Hybrid 35+65 Aggressive Index – 19.49
|
₹1,954
|
0.89
|
|
Nippon India Equity Hybrid Fund
|
28.55
|
CRISIL Hybrid 35+65 Aggressive Index – 19.49
|
₹3,329
|
1.27
|