3 Hybrid Funds Rated No 1 By Crisil To Begin An SIP

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oi-Sunil Fernandes

| Published: Saturday, January 15, 2022, 12:22 [IST]

When stock markets are at record highs, it’s a good idea to look at Hybrid Funds. These type of funds are good as they allow the mutual fund manager to switch to another asset class like debt from equity. In large cap equity mutual funds, they are forced to continue to invest in equities. Hybrid funds invest in a mix of different asset classes to diversify the portfolio with an aim to minimise the risk involved. Here are 3 Hybrid Mutual Fund Schemes to start an SIP, which are rated No 1 by Crisil.

Kotak Equity Hybrid

NAV – growth Crisil rating SIP amount
Rs 41.28 No 1 Minimum Rs 1000

Kotak Equity Fund is a hybrid fund that allows the manager to switch between asset classes. The fund has generated a 3-year returns of 21.22% on an annualized basis, while the 5-year returns has been 14.45%. About 75.8% of the funds are invested in equities, while the remaining is invested in debt and cash and cash equivalents.

For long term investors who wish to start an SIP, the minimum sum that is required would be Rs 1,000. The net asset value under the growth plans is currently Rs 41.28. The fund’s portfolio includes stocks like ICICI Bank, Infosys and HDFC Bank.

PGIM India Hybrid Equity Fund

NAV – growth Crisil rating SIP amount
Rs 99.06 No 1 Minimum Rs 1000

This fund has also been rated as No 1 by Crisil. The one advantage for investors to start an SIP here is that the fund being a hybrid fund, the fund manager has the flexibility to move money to debt, given where the stock markets currently are.

PGIM India Hybrid Equity Fund is very small in the sense that the assets under management are slightly above Rs 200 crores. The expense ratio is high at 2.46%.

PGIM India Hybrid Equity Fund has holdings in stocks like Reliance Industries, HDFC Bank, Bharti Airtel etc. For those who are willing to buy stocks for the long-term this is a good bet.

BOI AXA Mid & Small Cap Equity & Debt Fund

This is an aggressive hybrid funds which invest 65-80 per cent of your money in equity shares and the rest in bonds. Their returns are slightly lower than those of pure equity funds, but, they tend to balance risks much better than pure equity funds. The fund has given returns of 54% in 1-year and 26.15% on an annualized basis in1-year. Again, this is a good fund to invest through SIPs only, given that the stock markets have become horribly expensive. Investing through SIP will allow you to hedge the risks. The fund has investments in Government of India securities on the debt side and on the equity side in stocks like Minda, APL, Persistent Systems etc.


Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Investing in mutual funds is risky, especially equity mutual funds. High ratings does not always guarantee good returns, neither does past track record. Invest only if you have an appetite for risk.

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Story first published: Saturday, January 15, 2022, 12:22 [IST]

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