Hybrid funds are mutual funds that invest in more than one asset, generally a combination of equity and debt investments that are designed to meet the investment objective of the scheme.
Hybrid in its investing strategy, it has a wide portfolio that includes both equities and debt, as well as other assets. Compared to just equity funds, where the goal is to invest in stocks with higher risk involved, hybrid funds provide a balance. Therefore, let’s explore top Hybrid MFs with the highest SIP returns, see how a Rs 1 lakh one-time investment in the top fund has grown to Rs 4.49 lakh.
Also read: Top international MFs with highest lump sum returns: Rs 5,000 SIP in top fund has grown to Rs 8.15 lakh
JM Aggressive Hybrid Fund
In 5 years, JM Aggressive Hybrid Fund has given a 30.17 per cent annualised return. Its assets under management (AUM) are Rs 729 crore, while its net asset value (NAV) is Rs 128.77. Benchmarked against CRISIL Hybrid 35+65 Aggressive, the fund has given annualised returns of 14.26 per cent since its launch in January 2013.
With an expense ratio of 0.71 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment. With a one-time SIP of 1,00,000 in 5 years, the fund has grown to Rs 3,74,000.
HDFC Balanced Advantage Fund
This HDFC Balanced Advantage Fund has delivered a 28.19 per cent annualised return in 5 years. It has a fund size of Rs 90,37 crore and a unit price of Rs 529. Its benchmark is the Nifty 50 Hybrid Composite debt 50:50 Index, and since its launch in January 2013, it has achieved an annualised return of 15.06 per cent.
With an expense ratio of 0.81 per cent, the fund’s minimum investment requirements are Rs 500 for SIPs and Rs 1,000 for lump sum. In 5 years, a Rs 1,00,000 lump sum investment has grown to Rs 3,46,000.
ICICI Prudential Multi Asset Fund
In 5 years, ICICI Prudential Multi Asset Fund has given a 29.35 per cent annualised return. Its assets under management (AUM) are Rs 52,257 crore, while its net asset value (NAV) is Rs 790.235. This fund has given annualised returns of 16.83 per cent since its launch in January 2013.
With an expense ratio of 0.7 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment. With a one-time SIP of 1,00,000 in 5 years, the fund has grown to Rs 3,62,000.
Quant Multi Asset Fund
This Quant Multi Asset Fund has delivered a 35.04 per cent annualised return in 5 years. It has a fund size of Rs 3,004 crore and a unit price of Rs 529. Since its launch in January 2013, it has achieved an annualised return of 15.32 per cent.
With an expense ratio of 0.6 per cent, the fund’s minimum investment requirements are Rs 1,000 for SIPs and Rs 5,000 for lump sum. In 5 years, a Rs 1,00,000 lump sum investment has grown to Rs 4,49,000.
ICICI Prudential Equity & Debt Fund
In 5 years, ICICI Prudential Equity & Debt Fund has given a 29.69 per cent annualised return. Its assets under management (AUM) are Rs 38,507 crore, while its net asset value (NAV) is Rs 408.33. Benchmarked against CRISIL Hybrid 35+65 Aggressive, the fund has given annualised returns of 17.5 per cent since its launch in January 2013.
With an expense ratio of 1.02 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment. With a one-time SIP of 1,00,000 in 5 years, the fund has grown to Rs 3,67,000.