Top aggressive hybrid funds which has completed 25 year

Aggressive hybrid funds which were popularly known as Balanced Funds before, are considered as the best bet for conservative or new equity investors. These schemes allocate 65-80% to stocks, and 20-35% to debt instruments. Mutual fund managers and advisors say the mixed portfolio helps these funds to contain volatility better. That is why these schemes are recommended to new investors. We have listed below some of aggressive hybrid schemes which have been around for as long as 25 years :

Data as on 18th March 2024 : Source Robo Nivesh

The oldest is LIC MF Equity Hybrid Fund. It has been around for 31 years. However, it offered the lowest 10.26% returns since inception. The Top 5 schemes have been able to offer more than 15% p.a since inception. In the last 11 years since 2010, only four of these schemes- Canara Robeco Equity Hybrid Fund, Aditya Birla Sun Life Equity Hybrid '95 Fund, UTI Hybrid Equity Fund and SBI Equity Hybrid Fund- have beaten their benchmarks seven times. Two schemes in the list- JM Equity Hybrid Fund and Tata Hybrid Equity Fund - have beaten their benchmarks five times. LIC MF Equity Hybrid Fund managed to beat its benchmark only thrice in these years.

Aggressive hybrid fund category was created in 2017 after the re-categorisation of mutual funds by Sebi. Earlier, these schemes used to be known as equity hybrid schemes and balanced schemes. They used to invest in a mixed portfolio of equity and debt, mostly above 65% in equity to qualify for equity mutual fund taxation. However, there was no official investment mandate before the recategorisation norms were introduced.

The aggressive hybrid category has given better returns than conservative and balanced hybrid schemes since the re-categorisation because of their higher allocation to equities.

Disclaimer and note :

This is not a recommendation. This exercise just takes into account only the CAGR returns of the scheme and its benchmark. You also need to include other factors while choosing a scheme to invest in. Mutual Fund investments are subject to market risks, read all scheme related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of future performance of the schemes. The Mutual Fund is not guaranteeing or assuring any dividend under any of the schemes and the same is subject to the availability and adequacy of distributable surplus. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.