Top 5 Aggressive Hybrid Mutual Funds With Highest SIP Returns: This fund has turned Rs 25,000 monthly SIP into Rs 15.10 lakh in 3 years
Top 5 Aggressive Hybrid Mutual Funds with Best SIP Returns in 3 Years: As per the Association of Mutual Funds in India (AMFI), an aggressive hybrid fund should have 65 per cent to 80 per cent investment in equity and equity-related instruments and 20 per cent to 35 per cent in debt instruments. Value Research data shows that the aggressive hybrid category has given annualised SIP returns (XIRR) of 29.99 per cent in one year, 15.80 per cent in three years, 17.31 per cent in five years, and 13.04 per cent in the 10-year period.
Top 5 Aggressive Hybrid Mutual Funds With Best SIP Returns in 3 Years: Mutual funds of various categories have been witnessing exponential growth for over two years. Some equity mutual fund categories such as PSU, infra, small cap, mid cap, and value-oriented, have grown over 50 per cent in just one year. But the market is volatile. It rises and falls. Sometimes, it falls faster than it rises. So, as investors, many people want stability along with the risk that they may face in equity. Sometimes, when they are new and don't know how the market behaves in the short and long run, or when they have an investment horizon of around three to five years, or they are looking for an option to build a retirement corpus, they look for investments that provide above-average growth that they may get in fixed interest options but that also provide some level of safety. For such people, aggressive hybrid mutual funds can be a category. As per the Association of Mutual Funds in India (AMFI), an aggressive hybrid fund should have 65 per cent to 80 per cent investment in equity and equity-related instruments and 20 per cent to 35 per cent in debt instruments. Value Research data shows that the aggressive hybrid category has given annualised SIP returns (XIRR) of 29.99 per cent in one year, 15.80 per cent in three years, 17.31 per cent in five years, and 13.04 per cent in the 10-year period. In this write-up, we will take you through the performance of the top 5 aggressive hybrid mutual funds in terms of SIP returns in three years and what a Rs 25,000 monthly SIP in each of them has given in the same time frame.
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JM Aggressive Hybrid Fund - Direct Plan
The fund in the No. 1 position has given annualised SIP returns of 36.73 per cent in three years. It has an asset base of Rs 384 crore, while its net asset value (NAV) is Rs 140.2290. Benchmarked against CRISIL Hybrid 35+65 Aggressive Index, the fund has given a 16.02 per cent CAGR return since its launch in January 2013. At an expense ratio of 0.60 per cent, the fund has Rs 1,000 as the minimum lump sum investment and Rs 100 as the minimum SIP investment. The fund has 76.36 per cent of its investments in equity, 19.56 per cent in debt, and 4.08 per cent in cash and cash equivalent. In its 42-stock portfolio, the fund has HDFC Bank, Infosys, ICICI Bank, Varun Beverages, and Voltas as its main stocks. Its top debt holdings are government securities, ICICI Home Finance Company, and REC Ltd SR 234-B Debenture.
A Rs 25,000 monthly SIP started three years ago in the fund has given a total of Rs 15,10,232 in the three-year period.
Bank of India Mid & Small Cap Equity & Debt Fund - Direct Plan
The fund has had a 32.34 per SIP return in three years. Its assets under management (AUM) are Rs 841 crore, while the NAV price is Rs 41.1900. Benchmarked against NIFTY Mid Small Cap 400 TRI (70) and CRISIL Short-Term Bond Index (30), the fund has given 19.31 per cent CAGR since its inception in July 2016. At an expense ratio of 1.16 per cent, the fund has Rs 5,000 as the minimum lump sum investment and Rs 1,000 as the minimum SIP investment. The fund's 79.42 per cent investments are in equity, 19.35 per cent in debt and 1.23 per cent in cash and cash equivalent. In its 59-stock portfolio, the fund has Jindal Stainless, Oil India, Uno Minda, and Indus Towers as its main holdings. Its main debt holdings are Indian Railway Finance Corporation Ltd SR 175 NCD 7.57, National Bank For Agriculture & Rural Development SR F24 Debenture 7.68, and Power Grid Corporation of India Ltd SR LXXIII Debenture 7.50.
A Rs 25,000 monthly SIP in the fund has turned into Rs 14,26,011 in three years.
ICICI Prudential Equity & Debt Fund - Direct Plan
The fund has given 28.27 per cent SIP returns in the three-year period. It has an asset base of Rs 37,037 crore, while its NAV rate is Rs 405.6400. Benchmarked against CRISIL Hybrid 35+65 Aggressive Index, the fund has given a CAGR of 18.56 per cent since its inception in January 2013. At an expense ratio of 1.00 per cent, the fund has Rs 5,000 as the minimum lump sum amount, while Rs 100 as the minimum SIP amount. The fund has 69.80 per cent of its investment in equity, 21.63 per cent in debt, 1.97 per cent in real estate, and 6.60 per cent as cash and cash equivalent. In a portfolio of 88 stocks, the fund has NTCP, ICICI Bank, HDFC Bank, and Maruti Suzuki as its main investments. Its main debt holdings, meanwhile, are GOI GOI FRB, GOI Sec 4.45, GOI Sec 7.18, and Embassy Office.
A Rs 25,000 monthly SIP in the fund started three years ago has grown to Rs 13,50,874 as of today's date.
Edelweiss Aggressive Hybrid Fund - Direct Plan
The fund has given 27.11 per cent SIP return in three years. Its asset base is worth Rs 1,860 crore, while its NAV price is Rs 68.3000. Benchmarked against CRISIL Hybrid 35+65 Aggressive Index, the fund has had a CAG of 15.50 per cent since its launch in January 2013. At an expense ratio of 0.29 per cent, the open ended fund has Rs 100 as the minimum lump sum and SIP investments. The fund has 76.12 per cent of its investments in equity and 25.03 per cent in debt. In a large pool of 88 stocks, the fund has ICICI Bank, HDFC Bank, RIL, and NTPC as the main stocks in its portfolio. Its main debt holdings are Edelweiss Liquid Direct, GOI Sec 7.06, and GOI Sec 7.18.
A Rs 25,000 monthly SIP in the fund started three years ago has given Rs 13,29,975.
Quant Absolute Fund - Direct Plan
The fund has had a 27.06 per cent annualised SIP return in three years. With an asset base of Rs 2,216 crore, the fund has its NAV at Rs 472.8311. Benchmarked against CRISIL Hybrid 35+65 Aggressive Index, the fund has given 18.98 per cent CAGR since its inception in January 2013. The fund's minimum lump sum investment is Rs 5,000, while its minimum SIP investment is Rs 1,000. In terms of asset allocation, it has 77.25 per cent of its investments in equity, 20.41 per cent in debt, and 2.34 per cent in cash and cash equivalent. In its 18-stock portfolio, the fund has its main investments in HDFC Bank, Reliance Industries Limited, Jio Financial Services, and Adani Power. Its main debt holdings are Reserve Bank of India T-Bills 182-D, Reserve Bank of India T-Bills 364-D, and Reserve Bank of India T-Bills 91-D.
A Rs 25,000 monthly SIP in the fund has grown to Rs 13,29,093 in the three-year period.