Sub-categories of hybrid schemes 

Explanation 

Best performing funds within the category based on 1 year return (Direct Plan) 

1.      Conservative Hybrid Fund 

This is an open-ended scheme chiefly investing in debt instruments. This scheme is suitable for conservative investors. Investment of 10% to 25% in equity and equity-related instrument and investment and 75%-90% of total assets towards debt instruments. 

Aditya Birla Sun Life Regular Savings Fund – 24.28% 

UTI Regular Savings Fund – 23.95% 

HDFC Hybrid Debt Fund – 23.92% 

2.       

Balanced Hybrid  

Fund 

This is an open-ended scheme predominantly investing in equity as well as debt instruments. Investment of 40% to 60% of total assets towards equity and equity-related instruments. Likewise, 40% to 60% of total assets towards debt instruments. 

Kotak Asset Allocator – 40.80% 

IDFC Asset Allocation Moderate – 25.55% 

Aggressive Hybrid Fund 

This scheme is an open-ended scheme chiefly investing in equity and equity-related instruments. Investment in equity and equity-related instruments of 65% to 80% of total assets and 20% to 35% investment of total assets towards debt instruments. 

ICICI Prudential Equity & Debt Fund – 79.31% 

BOI AXA Mid & Small Cap Equity & Debt Fund – 74.44% 

UTI Hybrid Equity Fund – 56.63% 

3.      Dynamic Asset Allocation or Balanced Advantage  

This is an open-ended scheme investing in equity/debt that is managed dynamically. 

HDFC Balanced Advantage Fund – 62.26% 

Edelweiss Balanced Advantage Fund – 37.84% 

Nippon India Balanced Advantage Fund – 33.23% 

4.      Multi-Asset Allocation 

This scheme is an open-ended scheme in at least three asset classes with a minimum asset allocation of at least 10% each in all three asset classes. 

ICICI Prudential Multi-Asset Fund – 66.35% 

Quant Multi-Asset Fund – 66.10% 

Axis Triple Advantage Fund – 45.78% 

5.      Arbitrage Fund 

This scheme is an open-ended scheme investing in arbitrage opportunities. Minimum investment of 65% of total assets should be towards equity and equity-related instruments. 

Tata Arbitrage Fund – 4.69% 

Kotak Equity Arbitrage Fund – 4.57% 

Aditya Birla Sun Life Arbitrage Fund – 4.56% 

6.      Equity Savings 

This is an open-ended scheme investing in equity, arbitrage and debt. Minimum investment in equity and equity-related instruments should be 65% of total assets and at least 10% of total assets towards debt instruments. Minimum hedged & unhedged to be  

stated in the SID.  

Mahindra Manulife Equity Savings Dhan Sanchay Yojana – 32.43% 

HDFC Equity Savings Fund – 31.73% 

Principal Equity Savings Fund – 31.40%