Top 7 aggressive hybrid MFs with highest SIP returns in 3 years: Know how Rs 12,500 monthly SIP has grown in each fund
Top 7 aggressive hybrid mutual funds with 37% SIP returns in 3 years: Among them, aggressive hybrid mutual funds are those that have 60 to 80 per cent of their investments in equity and equity-related instruments, and 20 to 35 per cent in debt, as per Securities Exchange Board of India's (Sebi) classification of mutual funds. The aggressive hybrid mutual fund category has given 28.50 per cent annualised returns (CAGR) in 1 year, 14.87 per cent in 3 years, 18.04 per cent in 5 years, and 12.65 per cent in 10 years, as per Value Research data.
Top 7 aggressive hybrid mutual funds with 37% SIP returns in 3 years: When the share market rises, equity mutual funds appear to be very attractive. But when it falls, investors turn focus to debt funds? But what if they want to take the benefits of equity funds and the safety of debt? In that condition, hybrid mutual funds emerge as the choice. These funds invest in equity as well as debt instruments. Based on their proportion of allocation of funds to debt and equity, hybrid funds are of different types. Among them, aggressive hybrid mutual funds are those that have 60 to 80 per cent of their investments in equity and equity-related instruments, and 20 to 35 per cent in debt, as per Securities Exchange Board of India's (Sebi) classification of mutual funds. Due to their exposure to equity, aggressive hybrid funds can give above-average returns in a high market. The aggressive hybrid mutual fund category has given 28.50 per cent annualised returns (CAGR) in 1 year, 14.87 per cent in 3 years, 18.04 per cent in 5 years, and 12.65 per cent in 10 years, as per Value Research data. In this write-up, know the top 7 aggressive hybrid mutual funds in terms of highest annualised SIP returns in the 3-year period and how a Rs 10,000 monthly SIP in each fund has grown to:
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JM Aggressive Hybrid Fund - Direct Plan
The fund has given 36.56 per cent annualised SIP returns in 3 years.
It has assets under management (AUM) of Rs 578 crore, while its net asset value (NAV) is Rs 145.2357.
Benchmarked against CRISIL Hybrid 35+65 Aggressive Index, the fund has given 16.17 per cent annualised return since its debut in January 2013.
JM Aggressive Hybrid Fund - Direct Plan
The fund's top stock holdings are HDFC Bank, ITC, Varun Beverages, Akum Drugs, and Vedanta, while its main debt holdings are GOI Sec 7.10 08/04/2034 and GOI Sec 7.18 24/07/2037.
A Rs 12,500 monthly SIP in the fund in 3 years, or a total investment of Rs 4,41,000, has grown to Rs 7,39,063 in the 3-year time frame.
Bank of India Mid & Small Cap Equity & Debt Fund - Direct Plan
The fund has had 30.82 per cent annualised SIP returns in the 3-year period.
Its AUM is Rs 978 crore, while the fund's NAV is Rs 41.9100.
Benchmarked against NIFTY Mid Small Cap 400 TRI (70) and CRISIL Short-Term Bond Index (30), the fund has given 19.22 per cent annualised returns since its launch in July 2016.
Bank of India Mid & Small Cap Equity & Debt Fund - Direct Plan
The top holdings in the fund's 60-stock portfolio are Oil India, Jindal Stainless, Indus Towers, UNO Minda, and Castrol India, while its main debt holdings are HDFC Bank Ltd CD 06/12/2024 and Indian Railway Finance Corporation Ltd SR 175 NCD 7.57 18/04/2029.
A Rs 12,500 monthly SIP in the fund has turned into Rs 6,99,423 in 3 years.
ICICI Prudential Equity & Debt Fund - Direct Plan
The aggressive hybrid fund has given 27.54 per cent annualised SIP returns in the 3-year time frame.
It has AUM of Rs 40,095 crore, while the fund's NAV is Rs 416.5700.
Benchmarked against CRISIL Hybrid 35+65 Aggressive Index, the fund has given 18.60 per cent annualised returns since its beginning in January 2013.
ICICI Prudential Equity & Debt Fund - Direct Plan
In an 83-stock portfolio, the fund's top holdings are NTPC, ICICI Bank, Maruti Suzuki, Sun Pharma, and Bharti Airtel, while its main debt holdings are GOI FRB 22/09/2033 and GOI Sec 4.45 30/10/2034.
A Rs 12,500 monthly SIP in the fund has swelled to Rs 6,69,289 in the 3-year period.
Mahindra Manulife Aggressive Hybrid Fund - Direct Plan
The fund has had 27.05 per cent annualised SIP returns in 3 years.
It has an asset base of Rs 1,432 crore, while the fund's NAV is Rs 29.3527.
Benchmarked against CRISIL Hybrid 35+65 Aggressive Index, the fund has given 23.24 per cent annualised returns since its inception in July 2019.
Mahindra Manulife Aggressive Hybrid Fund - Direct Plan
In its portfolio of 54 stocks, the fund has HDFC Bank, ICICI Bank, Infosys, RIL, ITC, and SBI as its top holdings. Its main debt holdings are GOI Sec 7.10 08/04/2034 and GOI Sec 7.18 24/07/2037.
A Rs 12,500 monthly SIP in the fund has converted into Rs 6,64,864 in the 3-year time frame.
Edelweiss Aggressive Hybrid Fund - Direct Plan
The fund has given 26.98 per cent annualised SIP returns in the 3-year time frame.
Its AUM is Rs 2,077 crore, while its NAV is Rs 70.3900.
Benchmarked against CRISIL Hybrid 35+65 Aggressive Index, the fund has given 15.60 per cent annualised returns since its launch in January 2013.
Edelweiss Aggressive Hybrid Fund - Direct Plan
In an 85-stock portfolio, the fund's top holdings are ICICI Bank, HDFC Bank, Bharti Airtel, NTCP, Sun Pharma, and RIL, while its main debt holdings are HDB Financial Services Ltd SR A 1 FX Debenture 7.65 10/09/2027 and GOI Sec 7.32 13/11/2030.
A Rs 12,500 monthly SIP in the fund has grown to Rs 6,64,248 in 3 years.
Invesco India Aggressive Hybrid Fund - Direct Plan
The fund has had 26.74 per cent annualised SIP returns in the 3-year period.
It has an asset base of Rs 522 crore, while its NAV is Rs 24.5865.
Benchmarked against CRISIL Hybrid 35+65 Aggressive Index, the fund has given 15.60 per cent annualised returns since its debut in June 2018.
Invesco India Aggressive Hybrid Fund - Direct Plan
In its 52-stock portfolio, the fund's top holdings are ICICI Bank, Trent, HDFC Bank, Infosys, Power Grid, and Zomato, while its main debt holdings are GOI Sec 7.18 24/07/2037 and GOI Sec 7.30 19/06/2053.
A Rs 12,500 monthly SIP in the fund has grown to Rs 6,62,097 in the 3-year period.
UTI Aggressive Hybrid Fund - Direct Plan
The fund has given 26.01 per cent annualised SIP returns in 3 years.
It has AUM of Rs 6,189 crore, while the fund's NAV is Rs 6,55,602.
Benchmarked against CRISIL Hybrid 35+65 Aggressive Index, the fund has given 14.50 per cent annualised returns since its beginning in January 2013.
UTI Aggressive Hybrid Fund - Direct Plan
In a 61-stock portfolio, its top holdings are HDFC Bank, ICICI Bank, Infosys, ITC, RIL, and Axis Bank, while its main debt holdings are GOI Sec 7.18 24/07/2037 and GOI Sec 7.23 15/04/2039.
A Rs 12,5000 monthly SIP in the fund has grown to Rs 6,55,602 in the 3-year time frame.