In between pure equity and pure debt funds, hybrid funds operate. A hybrid plan that takes advantage of investment opportunities in both asset classes can be made in a variety of ways. In order to meet their goals, the majority of hybrid funds adjust the portion of money allocated to equity. However, SEBI established a new hybrid fund category called Aggressive Hybrid Fund in order to clearly distinguish between balanced hybrid funds with up to 60% exposure to equities and those with a larger exposure.
Some key benefits of investing in the Aggressive Mutual funds are:
Tax benefits: Aggressive mutual funds invest at least 65% in equity and up to 35% in debt instruments. As per tax laws, they can enjoy the benefits of equity taxation even though a sizable portion of their portfolio comprises fixed income-generating securities.
Less volatile than pure equity funds :The performance of pure equity funds is influenced by volatile market conditions as a result of the price fluctuations of the underlying securities. However, the performance of aggressive funds is less affected by market volatility due to the fact that they also invest up to 35% of their assets in debt instruments.
Diversification: The portfolio of aggressive funds includes both high-risk, high-reward and low-risk, low-reward asset categories, including debt and equity. Therefore, these programs provide diversification. The debt securities can protect the value of the portfolio during a correction, while the equity component can generate high returns for investors.
Lets have a closer look.
Now let us jump and check about these top 15 mutual fund schemes.
JM Aggressive Hybrid Fund (Regular)
Fund Performance: The JM Aggressive Hybrid Fund (Regular) Fund has given 25.46% annualized returns in the past three years and 26.78% in the last 5 years and 13.66% in the last 10 years. The JM Aggressive Hybrid Fund (Regular) Fund comes under the Equity category of JM Financial Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in JM Aggressive Hybrid Fund (Regular) via lump sum is ₹ 1000 and via SIP is ₹ 500.
Scheme Objective: The scheme aims at steady current income as well as long term growth of capital from a balanced portfolio of debt and equity.
Scheme Manager: Asit Bhandarkar, Chaitanya Choksi, Gurvinder Singh Wasan.
Min Amt SIP
: ₹ 500
AUM in ( Cr.)
: ₹ 380.45
1 Y Return (%)
: 52.06
Risko-Meter : Very High
BANK OF INDIA MID & SMALL CAP EQUITY & DEBT FUND
Fund Performance: The BANK OF INDIA MID & SMALL CAP EQUITY & DEBT FUND Fund has given 21.92% annualized returns in the past three years and 28.58% in the last 5 years and 0.00% in the last 10 years. The BANK OF INDIA MID & SMALL CAP EQUITY & DEBT FUND Fund comes under the Equity category of Bank of India Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in BANK OF INDIA MID & SMALL CAP EQUITY & DEBT FUND via lump sum is ₹ 5000 and via SIP is ₹ 1000.
Scheme Objective: The scheme seeks to provide capital appreciation and income distribution to investors from a portfolio constituting
Scheme Manager: Alok Singh.
Min Amt SIP
: ₹ 1000
AUM in ( Cr.)
: ₹ 838.93
1 Y Return (%)
: 47.29
Risko-Meter : Very High
Invesco India Aggressive Hybrid Fund
Fund Performance: The Invesco India Aggressive Hybrid Fund Fund has given 16.26% annualized returns in the past three years and 16.37% in the last 5 years and 0.00% in the last 10 years. The Invesco India Aggressive Hybrid Fund Fund comes under the Equity category of Invesco Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Invesco India Aggressive Hybrid Fund via lump sum is ₹ 1000 and via SIP is ₹ 500.
Scheme Objective: The scheme seeks to generate capital appreciation and current income by investing in equity & equity related instruments as well as debt securities.
Fund Performance: The ICICI Prudential Equity & Debt Fund Fund has given 24.35% annualized returns in the past three years and 23.79% in the last 5 years and 16.55% in the last 10 years. The ICICI Prudential Equity & Debt Fund Fund comes under the Equity category of ICICI Prudential Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Equity & Debt Fund via lump sum is ₹ 5000 and via SIP is ₹ 500.
Scheme Objective: The scheme seeks to generate long-term capital appreciation and current income by investing in a portfolio that is investing in equities and related securities as well as fixed income and money market securities.The approximate allocation to equity would be in the range of 60-80 per cent with a minimum of 51 per cent, and the approximate debt allocation is 40-49 per cent, with a minimum of 20 per cent.
Fund Performance: The Mahindra Manulife Aggressive Hybrid Fund Fund has given 18.53% annualized returns in the past three years and 21.43% in the last 5 years and 0.00% in the last 10 years. The Mahindra Manulife Aggressive Hybrid Fund Fund comes under the Equity category of Mahindra Manulife Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Mahindra Manulife Aggressive Hybrid Fund via lump sum is ₹ 1000 and via SIP is ₹ 1000.
Scheme Objective: The Scheme seeks to generate long term capital appreciation and also income through investments in equity and equity related instruments and investments in debt and money market instruments.
Scheme Manager: Rahul Pal, Amit Garg, Fatema Pacha, Manish Lodha.
