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 High13.8%5star2,808
ICICI Prudential Equity & Debt FundHybridModerately High10.8%5star23,950
SBI Equity Hybrid FundHybridModerately High15.6%4star30,906
Canara Robeco Equity Debt Allocation FundHybridModerately High13.1%4star2,607
HDFC Hybrid Equity FundHybridModerately High8.7%4star21,087
Principal Hybrid Equity FundHybridModerately High4.8%4star1,578
Franklin India Equity Hybrid FundHybridModerately High10.7%4star1,848
HDFC Balanced FundHybridModerately High8.3%4star20,081
Tata Hybrid Equity FundHybridModerately High9.8%3star4,316
Aditya Birla Sun Life Equity Hybrid 95 FundHybridModerately High7.0%3star11,608
Kotak Equity HybridHybridModerately High15.7%3star1,466
DSP BlackRock Equity & Bond FundHybridModerately High16.3%3star6,303
Reliance Equity Hybrid FundHybridModerately High4.7%3star9,278
Sundaram Equity Hybrid FundHybridModerately High13.3%3star1,824
L&T Hybrid Equity FundHybridModerately High8.7%3star7,895
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 Growth

Fund Performance: This fund has given 14.84% annualized returns in the last three years. In the last year, its returns were 13.8%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 13.8% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.

Min Investment Amt₹5,000
AUM2,808Cr
1Y Returns13.8%

ICICI Prudential Equity & Debt Fund Direct Growth

Fund Performance: This fund has given 10.42% annualized returns in the last three years. In the last year, its returns were 10.79%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 10.79% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹5,000
AUM23,950Cr
1Y Returns10.8%

SBI Equity Hybrid Fund Direct Plan Growth

Fund Performance: This fund has given 12.63% annualized returns in the last three years. In the last year, its returns were 15.64%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 15.64% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹1,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹1,000
AUM30,906Cr
1Y Returns15.6%

Canara Robeco Equity Hybrid Fund Direct Growth

Fund Performance: This fund has given 12.93% annualized returns in the last three years. In the last year, its returns were 13.14%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 13.14% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.

Min Investment Amt₹5,000
AUM2,607Cr
1Y Returns13.1%

HDFC Hybrid Equity Fund Direct Plan Growth

Fund Performance: This fund has given 10.14% annualized returns in the last three years. In the last year, its returns were 8.69%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 8.69% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM21,087Cr
1Y Returns8.7%

Principal Hybrid Equity Fund Direct Growth

Fund Performance: This fund has given 11.81% annualized returns in the last three years. In the last year, its returns were 4.75%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 4.75% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM1,578Cr
1Y Returns4.8%

Franklin India Equity Hybrid Fund Direct Growth

Fund Performance: This fund has given 8.94% annualized returns in the last three years. In the last year, its returns were 10.69%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 10.69% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM1,848Cr
1Y Returns10.7%

HDFC Balanced Direct Plan Growth

Fund Performance: This fund has given 12.07% annualized returns in the last three years. In the last year, its returns were 8.25%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 8.25% returns in the last one year. . Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM20,081Cr
1Y Returns8.3%

Tata Hybrid Equity Fund Direct Plan Growth

Fund Performance: This fund has given 8.52% annualized returns in the last three years. In the last year, its returns were 9.77%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 9.77% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM4,316Cr
1Y Returns9.8%

Aditya Birla Sun Life Equity Hybrid '95 Fund Direct Growth

Fund Performance: This fund has given 8.22% annualized returns in the last three years. In the last year, its returns were 7.05%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 7.05% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹100. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹100
AUM11,608Cr
1Y Returns7.0%

Kotak Equity Hybrid Fund Direct Growth

Fund Performance: This fund has given 10.17% annualized returns in the last three years. In the last year, its returns were 15.73%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 15.73% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.

Min Investment Amt₹5,000
AUM1,466Cr
1Y Returns15.7%

DSP Equity & Bond Direct Growth

Fund Performance: This fund has given 11.34% annualized returns in the last three years. In the last year, its returns were 16.29%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 16.29% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹500. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹500
AUM6,303Cr
1Y Returns16.3%

Nippon India Equity Hybrid Fund Direct Growth

Fund Performance: This fund has given 8.92% annualized returns in the last three years. In the last year, its returns were 4.65%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 4.65% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹500. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹500
AUM9,278Cr
1Y Returns4.7%

Sundaram Equity Hybrid Fund Direct Growth

Fund Performance: This fund has given 12.15% annualized returns in the last three years. In the last year, its returns were 13.34%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 13.34% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹100. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹100
AUM1,824Cr
1Y Returns13.3%

L&T Hybrid Equity Fund Direct Growth

Fund Performance: This fund has given 9.81% annualized returns in the last three years. In the last year, its returns were 8.65%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 8.65% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM7,895Cr
1Y Returns8.7%

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