Best Hybrid Mutual Funds
As the term suggests, hybrid funds invest in a mixture of both equity and debt instruments. The average portfolio of the best hybrid mutual funds is diverse, aiming to minimise risk and maximise profits.
Hybrid funds are primarily of two types –
1. Equity Mutual Funds
The portfolio of these funds is composed mainly of shares and other forms of equity stocks. Main aim of investing in such cases is to generate substantial capital gains.
2. Debt Mutual Funds
Debt mutual funds have guaranteed returns, thus providing stability to your investment. Debt mutual funds have more than 65% of its total financial resources invested in debentures, treasury bills, corporate bonds, etc.
Arbitrage Funds are also considered as hybrid funds in some cases, as their portfolio comprises of both equity and liability instruments. Main target of such funds is to time their investment transactions in such a manner so as to realise colossal capital gains.
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Top 10 Hybrid Mutual Funds
| Fund Name | Category | Risk | 1Y Returns | Rating | Fund Size(in Cr) | |
|---|---|---|---|---|---|---|
| Quant Absolute Fund | Hybrid | Very High | 80.0% | 5star | ₹53 | |
| BNP Paribas Substantial Equity Hybrid Fund | Hybrid | Very High | 38.8% | 5star | ₹626 | |
| Canara Robeco Equity Debt Allocation Fund | Hybrid | Very High | 37.1% | 5star | ₹5,636 | |
| Mirae Asset Hybrid - Equity Fund | Hybrid | Very High | 38.4% | 5star | ₹5,345 | |
| Axis Triple Advantage Fund | Hybrid | Very High | 37.0% | 5star | ₹1,020 | |
| Edelweiss Balanced Advantage Fund | Hybrid | High | 31.4% | 5star | ₹4,309 | |
| Union Balanced Advantage Fund | Hybrid | Moderate | 23.0% | 5star | ₹1,039 | |
| Kotak Debt Hybrid | Hybrid | Moderately High | 20.5% | 5star | ₹678 | |
| SBI Multi Asset Allocation Fund | Hybrid | High | 19.1% | 5star | ₹393 | |
| Canara Robeco Conservative Hybrid Fund | Hybrid | Moderately High | 16.0% | 5star | ₹655 | |
| Principal Equity Savings Fund | Hybrid | High | 24.1% | 5star | ₹69 | |
| Edelweiss Equity Savings Fund | Hybrid | Moderately High | 18.7% | 5star | ₹148 | |
| ICICI Prudential Regular Savings Fund | Hybrid | Moderately High | 13.7% | 5star | ₹3,287 | |
| Edelweiss Arbitrage Fund | Hybrid | Low | 4.7% | 5star | ₹5,550 | |
| Nippon India Arbitrage Fund | Hybrid | Low | 4.6% | 5star | ₹12,054 | |
| View All Top 10 Hybrid Mutual Funds |
Features of Hybrid Mutual Fund
The main reason behind creation of these funds is to provide stability to investors. While equity poses a high risk on the total investment due to unstable dividends, debt instruments help compensate for it by providing steady returns.
Taxability
Dividend returns on these mutual funds are paid by the asset management company from where you are availing the fund. Thus, investors do not have the burden of taxation in this. However, they are liable to pay adequate taxes on capital gains received.
Tax applicable to the income from capital gains on the purchase and sale of these funds is different from those imposed on regular mutual funds. It depends on the orientation of the hybrid mutual fund availed.
In case of a hybrid fund leaning towards equity stocks, the standard rates of long term and short term gains are applicable. If the holding period is less than 36 months, 10% tax is applicable on the gains made. However, for a higher holding period of more than 3 years, 15% is deducted on capital gains adjusted for inflation.
Debt-oriented hybrid funds follow a different policy of taxation. The capital gains are taxable only if the investors’ income is higher than Rs. 2.5 Lakh. In case of short-term gains, a tax rate of 5% is levied on the profit, while 20% of the capital gains are deducted for long term gains after indexation.
In case capital gains were not adjusted for inflation (indexation was not done), only 10% is payable as the tax on the profit made.
Who Are These Funds Suited For?
These funds are tailor-made for financiers based on their investing strategy. If you are slightly risk-prone and willing to take your chances on the volatility of the stock market, you can choose an equity-oriented hybrid fund. It poses a relatively high risk. However, little stability is guaranteed from the small percentage of resources invested in debt instruments.
Best hybrid fund 2019 invests more than 65% of the total financial asset in equity instruments, while the remaining .are pooled in debt tools.
Debt oriented hybrid funds are ideal for people who are unwilling to take huge risks. For such risk-averse people, it ideal to invest in the best hybrid funds which are oriented towards liability instruments. The amount of guaranteed dividend yield on debt instruments is higher in such cases.
Major Advantages
The best hybrid funds have the following benefits –
- Risk factor is negotiable
- Diversification
- Suited for novice investors
- SIP investment
You can determine the amount of risk you want to bear in case of hybrid funds. Risk takers can opt for the best hybrid mutual fund, which is equity-oriented. On the other hand, people who require stability are best suited for debt-oriented mutual funds.
The portfolio of the best hybrid mutual funds to invest in 2019 is varied with different kinds of instruments. Significant profits can be generated due to such diverse stocks depending upon the market condition.
A person new to the stock market investment pattern and is not acquainted with the fluctuations can easily invest in the best hybrid fund 2019. As it creates a perfect balance of risk and return, it is the first choice of people who have an elementary knowledge of this field.
These provide the feature of investing periodically in nominal amounts. It is ideal for individuals who wish to invest in the stock market, but do not possess the knowledge or capital to do so.
Let's have a closer look
Now let us jump and check about these top 10 mutual fund schemes.
Quant Absolute Fund Direct Growth
Fund Performance: This fund has given 26.45% annualized returns in the last three years. In the last year, its returns were 80.04%. 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 80.04% 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 |
|---|---|
| AUM | ₹53Cr |
| 1Y Returns | 80.0% |
BNP Paribas Substantial Equity Hybrid Fund Direct Growth
Fund Performance: This fund has given 17.93% annualized returns in the last three years. In the last year, its returns were 38.77%. 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 38.77% 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 ₹300.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹626Cr |
| 1Y Returns | 38.8% |
Canara Robeco Equity Hybrid Fund Direct Growth
Fund Performance: This fund has given 15.76% annualized returns in the last three years. In the last year, its returns were 37.07%. 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 37.07% 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 |
|---|---|
| AUM | ₹5,636Cr |
| 1Y Returns | 37.1% |
Mirae Asset Hybrid Equity Fund Direct Growth
Fund Performance: This fund has given 15.55% annualized returns in the last three years. In the last year, its returns were 38.36%. 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 38.36% 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 |
|---|---|
| AUM | ₹5,345Cr |
| 1Y Returns | 38.4% |
Axis Triple Advantage Direct Plan Growth
Fund Performance: This fund has given 15.24% annualized returns in the last three years. In the last year, its returns were 36.99%. 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 36.99% 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 |
|---|---|
| AUM | ₹1,020Cr |
| 1Y Returns | 37.0% |
Edelweiss Balanced Advantage Fund Direct Growth
Fund Performance: This fund has given 14.28% annualized returns in the last three years. In the last year, its returns were 31.45%. 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 31.45% 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 |
|---|---|
| AUM | ₹4,309Cr |
| 1Y Returns | 31.4% |
Union Balanced Advantage Fund Direct Growth
Fund Performance: This fund has given 13.01% annualized returns in the last three years. In the last year, its returns were 23.01%. 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 23.01% 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 ₹2,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹1,039Cr |
| 1Y Returns | 23.0% |
Kotak Debt Hybrid Fund Direct Growth
Fund Performance: This fund has given 12.31% annualized returns in the last three years. In the last year, its returns were 20.5%. 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 20.5% 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 |
|---|---|
| AUM | ₹678Cr |
| 1Y Returns | 20.5% |
SBI Multi Asset Allocation Fund Direct Growth
Fund Performance: This fund has given 12.26% annualized returns in the last three years. In the last year, its returns were 19.13%. 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 19.13% 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 |
|---|---|
| AUM | ₹393Cr |
| 1Y Returns | 19.1% |
Canara Robeco Conservative Hybrid Fund Direct Growth
Fund Performance: This fund has given 11.9% annualized returns in the last three years. In the last year, its returns were 15.99%. 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 15.99% 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 |
|---|---|
| AUM | ₹655Cr |
| 1Y Returns | 16.0% |
Principal Equity Savings Fund Direct Growth
Fund Performance: This fund has given 11.45% annualized returns in the last three years. In the last year, its returns were 24.1%. 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 24.1% 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 |
|---|---|
| AUM | ₹69Cr |
| 1Y Returns | 24.1% |
Edelweiss Equity Savings Fund Direct Growth
Fund Performance: This fund has given 10.29% annualized returns in the last three years. In the last year, its returns were 18.67%. 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 18.67% 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 |
|---|---|
| AUM | ₹148Cr |
| 1Y Returns | 18.7% |
ICICI Prudential Regular Savings Fund Direct Growth
Fund Performance: This fund has given 9.97% annualized returns in the last three years. In the last year, its returns were 13.69%. 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 13.69% 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 ₹100.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹3,287Cr |
| 1Y Returns | 13.7% |
Edelweiss Arbitrage Fund Direct Growth
Fund Performance: This fund has given 5.94% 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 ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹5,550Cr |
| 1Y Returns | 4.7% |
Nippon India Arbitrage Fund Direct Growth
Fund Performance: This fund has given 5.91% annualized returns in the last three years. In the last year, its returns were 4.63%. 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 4.63% 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 |
|---|---|
| AUM | ₹12,054Cr |
| 1Y Returns | 4.6% |
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