Best Aggressive Mutual Funds

As the name suggests, aggressive mutual funds seek to achieve higher capital gains in a shorter span of time by investing in aggressively growing companies. These mutual funds invest in equity and equity-related securities of companies that have higher growth potential. The aim of an aggressive mutual fund is to deliver above-average market returns. Some of these funds may also invest in debt and money market instruments. However, the proportion of the portfolio in such safe instruments is significantly lower.

Best aggressive growth mutual funds are expected to outperform the standard growth by investing in companies that project exponential earnings and revenue. Since these funds invest based on future assumptions and expected growth phases, the associated risk is also comparably higher than standard funds. The value of your fund may vary tremendously based on changing market conditions. An aggressive mutual fund offers some of the highest return potentials in the equity markets making them an enticing investment opportunity.

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Top 10 Aggressive Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Mirae Asset Hybrid - Equity FundHybridModerately High2.7%5star2,429
Mirae Asset Hybrid - Equity FundHybridModerately High1.8%5star2,429
Mirae Asset Hybrid - Equity FundHybridModerately High1.0%5star2,429
ICICI Prudential Equity & Debt FundHybridModerately High-1.1%5star23,288
ICICI Prudential Equity & Debt FundHybridModerately High-1.1%5star23,288
ICICI Prudential Equity & Debt FundHybridModerately High-1.1%5star23,288
Mirae Asset Hybrid - Equity FundHybridModerately High0.1%5star2,429
ICICI Prudential Equity & Debt FundHybridModerately High-2.1%5star23,288
Principal Hybrid Equity FundHybridModerately High-7.0%5star1,559
Principal Hybrid Equity FundHybridModerately High-7.5%5star1,559
HDFC Balanced FundHybridModerately High8.3%4star20,081
HDFC Balanced FundHybridModerately High7.0%4star20,081
SBI Equity Hybrid FundHybridModerately High4.5%4star29,354
Principal Hybrid Equity FundHybridModerately High-5.8%4star1,559
SBI Equity Hybrid FundHybridModerately High3.8%4star29,354
View All Top 10 Aggressive Mutual Funds

Features of Aggressive Mutual Fund

Best aggressive growth funds are aimed at investors seeking higher returns by taking more risk than the average investor. The top purpose of these funds is to invest for superior capital gains. Since these funds are high risk and high returns, these tend to show extremely volatile movements. As an investor, you should examine the Beta, Standard deviation, and Sharpe ratio to determine the volatility of the fund. You can also compare the risk metrics with a benchmark to get a fair understanding of the said mutual fund.

Some of the best aggressive mutual funds in India also offer a comparatively balanced approach by implementing strategies that use derivatives. These funds can be less risky, but you need to do your due diligence before investing in aggressive mutual funds. The aggressive mutual fund can be alternatively also called as capital gain fund or capital appreciation fund.

Taxability

Most aggressive mutual funds predominantly invest in equity and equity-related securities with some funds also investing some proportion of capital in debt instruments. Even in such a case, these funds remain equity hybrid fund since a major proportion is invested in equity.

So, aggressive mutual funds are treated similar to equity-oriented mutual funds for the purpose of taxation. Investment for a period of less than 12 months is considered as a short-term investment, and a 15 per cent short-term capital gains tax will be levied on the gains.

However, if the aggressive mutual funds are sold after a period of 12 months from the initial date of purchase, a long-term capital gain tax of 10 per cent is levied provided the returns are more than 1 lakh.

Who Are These Funds Suited For?

As seen so far, aggressive mutual funds invest in companies expected to grow rapidly, resulting in higher returns at comparatively higher risks. So, aggressive mutual funds are ideal for anyone who is willing to take higher risks to earn higher returns. Only investors comfortable dealing with volatility should invest in these funds. This is primarily because even some of the best aggressive mutual funds will be highly volatile.

Investing in best aggressive funds will enable you to diversify your portfolio. Aggressive mutual funds come with its fair share of risks which may not be ideal for all the investors. If you are a risk-averse investor or someone who is nearing retirement, these funds may not be your best bet. On the other hand, young investors who can afford to pursue an aggressive investment strategy should definitely invest in aggressive mutual funds.

Taxability

Most aggressive mutual funds predominantly invest in equity and equity-related securities with some funds also investing some proportion of capital in debt instruments. Even in such a case, these funds remain equity hybrid fund since a major proportion is invested in equity.

So, aggressive mutual funds are treated similar to equity-oriented mutual funds for the purpose of taxation. Investment for a period of less than 12 months is considered as a short-term investment, and a 15 per cent short-term capital gains tax will be levied on the gains.

However, if the aggressive mutual funds are sold after a period of 12 months from the initial date of purchase, a long-term capital gain tax of 10 per cent is levied provided the returns are more than 1 lakh.

Let's have a closer look

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

Mirae Asset Hybrid Equity Fund Direct Dividend

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 10.96% annualized returns in the last 3 years. In the last 1 year, it gave 2.72% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 2.72% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Hybrid mutual fund in India.

Launch Date
Min Investment Amt₹NaN
AUM2,429Cr
1Y Returns2.7%

Mirae Asset Hybrid Equity Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 10.32% annualized returns in the last 3 years. In the last 1 year, it gave 1.79% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 1.79% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Hybrid mutual fund in India.

Launch Date
Min Investment Amt₹NaN
AUM2,429Cr
1Y Returns1.8%

Mirae Asset Hybrid Equity Fund Regular Dividend

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 9.04% annualized returns in the last 3 years. In the last 1 year, it gave 1.01% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 1.01% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Hybrid mutual fund in India.

Launch Date
Min Investment Amt₹NaN
AUM2,429Cr
1Y Returns1.0%

ICICI Prudential Equity & Debt Fund Direct Dividend Yearly

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 8.43% annualized returns in the last 3 years. In the last 1 year, it gave -1.15% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -1.15% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Hybrid mutual fund in India.

Launch Date
Min Investment Amt₹NaN
AUM23,288Cr
1Y Returns-1.1%

ICICI Prudential Equity & Debt Fund Direct Dividend Monthly

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 8.43% annualized returns in the last 3 years. In the last 1 year, it gave -1.15% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -1.15% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹100. This is one of the best Hybrid mutual fund in India.

Launch Date
Min Investment Amt₹NaN
AUM23,288Cr
1Y Returns-1.1%

ICICI Prudential Equity & Debt Fund Direct Dividend Half Yearly

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 8.43% annualized returns in the last 3 years. In the last 1 year, it gave -1.15% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -1.15% returns in the last 1 year. . Minimum SIP investment amount for this scheme is ₹100. This is one of the best Hybrid mutual fund in India.

Launch Date
Min Investment AmtN.A
AUM23,288Cr
1Y Returns-1.1%

Mirae Asset Hybrid Equity Fund Regular Growth

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 8.41% annualized returns in the last 3 years. In the last 1 year, it gave 0.1% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 0.1% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Hybrid mutual fund in India.

Launch Date
Min Investment Amt₹NaN
AUM2,429Cr
1Y Returns0.1%

ICICI Prudential Equity & Debt Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 7.87% annualized returns in the last 3 years. In the last 1 year, it gave -2.15% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -2.15% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹100. This is one of the best Hybrid mutual fund in India.

Launch Date
Min Investment Amt₹NaN
AUM23,288Cr
1Y Returns-2.1%

Principal Hybrid Equity Fund Dividend Monthly

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 7.67% annualized returns in the last 3 years. In the last 1 year, it gave -6.96% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -6.96% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹500. This is one of the best Hybrid mutual fund in India.

Launch Date
Min Investment Amt₹NaN
AUM1,559Cr
1Y Returns-7.0%

Principal Hybrid Equity Fund Growth

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 7.2% annualized returns in the last 3 years. In the last 1 year, it gave -7.46% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -7.46% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹500. This is one of the best Hybrid mutual fund in India.

Launch Date
Min Investment Amt₹NaN
AUM1,559Cr
1Y Returns-7.5%

HDFC Balanced Direct Plan 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. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹500. This is one of the best Hybrid mutual fund in India.

Launch Date
Min Investment Amt₹NaN
AUM20,081Cr
1Y Returns8.3%

HDFC Balanced Fund Growth

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 10.83% annualized returns in the last 3 years. In the last 1 year, it gave 6.97% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 6.97% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹500. This is one of the best Hybrid mutual fund in India.

Launch Date
Min Investment Amt₹NaN
AUM20,081Cr
1Y Returns7.0%

SBI Equity Hybrid Fund Direct Plan Dividend

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 9.4% annualized returns in the last 3 years. In the last 1 year, it gave 4.49% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 4.49% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹500. This is one of the best Hybrid mutual fund in India.

Launch Date
Min Investment Amt₹NaN
AUM29,354Cr
1Y Returns4.5%

Principal Hybrid Equity Fund Direct Dividend Monthly

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 8.99% annualized returns in the last 3 years. In the last 1 year, it gave -5.85% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -5.85% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹500. This is one of the best Hybrid mutual fund in India.

Launch Date
Min Investment Amt₹NaN
AUM1,559Cr
1Y Returns-5.8%

SBI Equity Hybrid Fund Direct Plan Growth

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 8.96% annualized returns in the last 3 years. In the last 1 year, it gave 3.76% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 3.76% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹500. This is one of the best Hybrid mutual fund in India.

Launch Date
Min Investment Amt₹NaN
AUM29,354Cr
1Y Returns3.8%

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