Markets are at record high and in today’s trading session also we saw Sensex scaling new highs. And mutual fund investors are suggested to not redeem their units as such but to be on a safer side as some correction is in the offing are advised to move their funds to debt funds.
So, here we suggest 5 hybrid aggressive fund which you can bet on based on 5-year returns:
1. Quant Absolute fund:
The hybrid aggressive mutual fund from Quant fund carries a very low fund size of just Rs.72 crore. The growth plan of the fund commands an NAV of 254.84. The fund is put into the high risk category. The expense ratio of the fund is 2.25% and is higher than the category average of 2.13%.
The fund is in existence since 2001 and has returned over 17% since launch.Benchmark for the fund is CRISIL Hybrid 35 + 65 Aggressive index. SIP in the fund can be started for Rs. 1000 and in a 5-years term, the SIP of monthly Rs. 10000 with an investment of Rs. 6 lakh is now worth Rs. 10.98 lakh.
Top holdings of the funds are ITC, Indiabulls Real Estate, Godrej Agrovet, ICICI Bank and Havells India among others.
2. BOI Axa Mid and Small Cap Equity and Debt fund:
The hybrid aggressive fund from the BOI Axa is invested over 80% into equity and the rest is in debt. The fund is aged 5 year old and its benchmark is NIFTY Mid Small Cap 400 TRI (70), CRISIL Short-Term Bond Index (30). The fund size of the fund is Rs. 348 crore. Expense ratio of the fund is 2.66%.
Top holding of the fund is APL Apollo Tubes, CAMS, Astral Poly Technik, Persistent Systems etc.
SIP in the fund can be initiated for a sum of Rs. 1000 per month.
3. ICICI Prudential Thematic Advantage fund:
Investors with an investment horizon of 5 years or more need can take exposure in the fund for gains that comfortably pip inflation rate. They have exposure in both equity and debt so less of returns from the equity funds.
The scheme works by or aims at generating capital appreciation from a sectoral or thematic schemes portfolio i.e. accessed via the diversified investment styles.
The fund is an 8-year old fund that since inception has provided a return of 14.98%. The benchmark of the fund is Nifty 200 TRI and the fund as per the risk-o-meter is placed under the high risk category.
Assets under the scheme as of July 31, 2021 is Rs. 60 crore.
Top 3 Aggressive Hybrid Funds Based On 5-Year Returns
|Hybrid Aggressive fund||Rating||5-year annualized returns in %||5-year SIP return in %|
|Quant Absolute fund||Morning Star and Value Research 5-Star Rating||11.87%||25.54%|
|BOI Axa Mid and Small Cap debt equity fund||CRISIL 5-Star rated , Value Research 2 Star-Rated||15.44%||20.94%|
|ICICI Prudential Thematic Advantage fund||Value Research 4-Star rated||15.83%||21.33%|
Investors who want to get an exposure to equities and still are moderate on their risk appetite can bet on hybrid aggressive funds for still better returns than fixed income instruments as well as can get inflation beating returns. Nonetheless, information provided here should not be construed for investment advice.