Best Aggressive Hybrid Mutual Funds

If we allocate 65 to 80 percent of a fund to equity and assign remaining to debt and similar instruments, then what we get in return is a Hybrid-Equity fund. These funds allow you to enjoy good returns and low-risk rates courtesy their significant allocation in debt funds. Market gurus believe that it is better to invest in these than to go for an equity-debt portfolio as there is no tax imposed on the debt funds in the mix. It has returns that are taxed at 15% if sold before one year, post this period a 10% tax is applicable on the gains

Purpose: Invest in these funds instead of buying a different kind of equity-debt funds with 60-40 allocations. These funds are best to moderate your risk with a fair return in the high-risk portfolio.

Top 10 Aggressive Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
HDFC Balanced FundHybridModerately High8.3%5star22,109
ICICI Prudential Equity & Debt FundHybridModerately High0.7%5star27,342
Principal Hybrid Equity FundHybridModerately High-0.6%5star1,601
Reliance Equity Hybrid FundHybridModerately High-2.3%4star13,603
SBI Equity Hybrid FundHybridModerately High0.0%4star27,305
Mirae Asset Hybrid - Equity FundHybridModerately High3.3%4star1,023
Sundaram Equity Hybrid FundHybridModerately High5.9%4star1,259
DSP BlackRock Equity & Bond FundHybridModerately High-2.5%3star6,915
HDFC Prudence FundHybridModerately High4.5%3star36,720
Kotak Equity HybridHybridModerately High-3.8%3star1,744
UTI Hybrid Equity FundHybridModerately High-2.6%3star6,272
Franklin India Equity Hybrid FundHybridModerately High-0.3%3star1,958
L&T Hybrid Equity FundHybridModerately High-1.1%3star9,975
DHFL Pramerica Hybrid Equity FundHybridModerately High-2.3%3star214
Aditya Birla Sun Life Equity Hybrid 95 FundHybridModerately High-3.2%3star13,827
View All Top 10 Aggressive Mutual Funds

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Now let us jump and check about these top 10 mutual fund schemes.

HDFC Balanced Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 12.07% annualized returns in the last 3 years. In the last 1 year, it gave 8.25% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 8.25% returns in the last 1 year. Groww rated this fund as 5 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Chirag Setalvad

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating5star
AUM22,109Cr
1Y Returns8.3%

ICICI Prudential Equity & Debt Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 13.46% annualized returns in the last 3 years. In the last 1 year, it gave 0.71% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 0.71% returns in the last 1 year. Groww rated this fund as 5 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: S Naren, Manish Banthia, Atul Patel

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating5star
AUM27,342Cr
1Y Returns0.7%

Principal Hybrid Equity Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 15.34% annualized returns in the last 3 years. In the last 1 year, it gave -0.56% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -0.56% returns in the last 1 year. Groww rated this fund as 5 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: P V K Mohan, Bekxy Kuriakose

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating5star
AUM1,601Cr
1Y Returns-0.6%

Reliance Equity Hybrid Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 10.93% annualized returns in the last 3 years. In the last 1 year, it gave -2.3% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -2.3% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Amit Tripathi, Sanjay Parekh

Launch Date31 Dec 2012
Min Investment Amt500
Groww Rating4star
AUM13,603Cr
1Y Returns-2.3%

SBI Equity Hybrid Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 10.29% annualized returns in the last 3 years. In the last 1 year, it gave 0.02% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 0.02% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Rama Iyer Srinivasan, Dinesh Ahuja

Launch Date31 Dec 2012
Min Investment Amt1,000
Groww Rating4star
AUM27,305Cr
1Y Returns0.0%

Mirae Asset Hybrid - Equity Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 14.28% annualized returns in the last 3 years. In the last 1 year, it gave 3.3% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 3.3% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Mahendra Jajoo, Neelesh Surana, Sudhir Kedia

Launch Date28 Jul 2015
Min Investment Amt5,000
Groww Rating4star
AUM1,023Cr
1Y Returns3.3%

Sundaram Equity Hybrid Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 11.95% annualized returns in the last 3 years. In the last 1 year, it gave 5.91% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 5.91% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Rahul Baijal

Launch Date1 Jan 2013
Min Investment Amt5,000
Groww Rating4star
AUM1,259Cr
1Y Returns5.9%

DSP BlackRock Equity & Bond Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 10.22% annualized returns in the last 3 years. In the last 1 year, it gave -2.51% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -2.51% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Vikram Chopra, Atul Bhole

Launch Date31 Dec 2012
Min Investment Amt500
Groww Rating3star
AUM6,915Cr
1Y Returns-2.5%

HDFC Balanced Advantage Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 10.68% annualized returns in the last 3 years. In the last 1 year, it gave 4.48% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 4.48% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Prashant Jain

Launch Date30 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM36,720Cr
1Y Returns4.5%

Kotak Equity Hybrid - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 9.62% annualized returns in the last 3 years. In the last 1 year, it gave -3.82% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -3.82% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Pankaj Tibrewal, Abhishek Bisen

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM1,744Cr
1Y Returns-3.8%

UTI Hybrid Equity Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 10.09% annualized returns in the last 3 years. In the last 1 year, it gave -2.59% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -2.59% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: V Srivatsa

Launch Date31 Dec 2012
Min Investment Amt1,000
Groww Rating3star
AUM6,272Cr
1Y Returns-2.6%

Franklin India Equity Hybrid Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 9.55% annualized returns in the last 3 years. In the last 1 year, it gave -0.32% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -0.32% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Sachin Padwal-Desai, Umesh Sharma, Lakshmikanth Reddy

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM1,958Cr
1Y Returns-0.3%

L&T Hybrid Equity Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 10.44% annualized returns in the last 3 years. In the last 1 year, it gave -1.12% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -1.12% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Soumendra Nath Lahiri, Shriram Ramanathan, Karan Desai

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM9,975Cr
1Y Returns-1.1%

DHFL Pramerica Hybrid Equity Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided -100% annualized returns in the last 3 years. In the last 1 year, it gave -2.26% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -2.26% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Abhisek Bahinipati, Alok Agarwal

Launch Date1 Jan 2013
Min Investment Amt5,000
Groww Rating3star
AUM214Cr
1Y Returns-2.3%

Aditya Birla Sun Life Balanced 95 Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 10.78% annualized returns in the last 3 years. In the last 1 year, it gave -3.17% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -3.17% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Mahesh Patil, Pranay Sinha, Dhaval Shah

Launch Date31 Dec 2012
Min Investment Amt500
Groww Rating3star
AUM13,827Cr
1Y Returns-3.2%

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Who issues aggressive mutual funds?

Asset management companies (or AMCs or fund houses) create mutual funds. All AMCs will have to be approved by the government body, Securities and Exchange Board of India (SEBI). All mutual funds have to be whetted by SEBI before it is open for the public to invest.

How to invest in aggressive mutual funds on Groww?

One of the best ways to hedge against the small-cap volatility is to adopt a phased approach, also known as Systematic Investment Plan (SIP) approach. We are sure that you must be aware of SIP and its benefits. Buying in small quantity but buying regularly provides you with faster growth. On Groww.in, all transactions to and from AMC is done via BSE. When you decide to invest in a large cap mutual fund of your choice, you choose that mutual fund on the website and click ‘invest’. Following that, you are redirected to the BSE page where you make the payment. BSE then directs your money to the AMC managing your mutual fund. To be assured at your end, you can visit the individual AMC website after the payment. You would be able to see all your purchased units against your folio number.

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Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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