5 Largest Aggressive Hybrid Funds

Aggressive hybrid funds are combination of equity and debt blend offers reassurance doses well in a raising market, while the latter comes in handy during a falling market. Following 5 funds cover nearly three-fourths of entire category assets.

1.SBI Equity Hybrid Fund

SBI Equity Hybrid Fund recorded a NAV of Rs 269.6141 as of March 19, 2024, managing a fund size of Rs 65,073.71 crore, constituting 33.65% of the investment in its category. With an expense ratio of 0.76%, below the category average of 0.84%, the scheme showcased a performance of 26.16% against the CRISIL Hybrid 35+65 – Aggressive Index’s 25.56%, yet fell short of the category average of 29.68%.

2.ICICI Prudential Equity & Debt Fund

As of March 19th, 2024, ICICI Prudential Equity & Debt Fund reports a Net Asset Value (NAV) of Rs 360.52 with a fund size of Rs 32,429.17 crore, constituting 16.77% of the investment in its category. The expense ratio stands at 1.02%, slightly higher than the category average of 0.84%. In performance comparison, the scheme outperforms both the CRISIL Hybrid 35+65 – Aggressive Index by 12.91% and the category average by 8.79%, demonstrating a robust return of 38.47%.

3.HDFC Hybrid Equity Fund

HDFC Hybrid Equity Fund’s Net Asset Value (NAV) stood at Rs 109.626 as of March 19th, 2024, experiencing a decrease of 0.76%. With a fund size of Rs 22,642.92 crore, constituting 34.01% of the category’s investment, it maintains a competitive expense ratio of 1.01%, lower than the category average of 1.56%. Despite a slight underperformance against the category average return of 26.14%, the fund delivered a commendable return of 22.4%.

4.Canara Robeco Equity Hybrid Fund

As of March 19th, 2024, Canara Robeco Equity Hybrid Fund recorded a NAV of Rs 336.05, marking a decrease of 0.76%. With a fund size of Rs 9808.56 crore, it represents 5.07% of the investment in its category. The expense ratio stands at 0.66%, lower than the category average of 0.84%. The scheme has yielded a return of 26.16%, outperforming the CRISIL Hybrid 35+65 – Aggressive Index at 25.56% but falling below the category average of 29.68%.

5.DSP Equity & Bond Fund

As of March 19th, 2024, DSP Equity & Bond Fund’s NAV stands at Rs 314.22, experiencing a decrease of 0.53%. With a fund size of Rs 8804.22 crore, constituting 4.55% of the investment in its category, the fund maintains an expense ratio of 0.75%, lower than the category average of 0.84%. Its performance shows a return of 27.05%, outperforming the CRISIL Hybrid 35+65 – Aggressive Index at 25.56% but trailing slightly behind the category average of 29.68%.

Historical Returns 

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. The information is based on various secondary sources on the internet and is subject to change. Please consult with a financial expert before making investment decisions.