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Every mutual fund scheme in this category offered over 20% returns in one year

businessmayor
fundApril 30, 2024
posted on


​Market Beaters
ETMutualFunds did some analysis of performance by aggressive hybrid funds in the last one year and found that every scheme in the category gave over 20% returns in a one-year horizon, according to the data by ACE MF. Around 29 schemes in the category have completed one year of existence. Here are the top five funds from the category.

IANS

​JM Mutual Fund
JM Aggressive Hybrid Fund, the topper in the category, gave 55.64% return in the last one year. The scheme is benchmarked against CRISIL Hybrid 35+65 – Aggressive Index, which offered 25.30% return in the same time period.

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​Bank of India Mid & Small Cap Equity & Debt Fund

3/9

​Bank of India Mid & Small Cap Equity & Debt Fund

The scheme offered 48.92% return in a one-year period. This scheme is benchmarked against Nifty MidSmallcap 400 – TRI, which gave 62.52% return in the period.

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​ICICI Prudential Equity & Debt Fund

4/9

​ICICI Prudential Equity & Debt Fund

The scheme offered 40.59% in the last one year period. This aggressive hybrid fund is benchmarked against CRISIL Hybrid 35+65 – Aggressive Index, which offered 25.30% return in the same time period.

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​Quant Absolute Fund

5/9

​Quant Absolute Fund

This scheme offered 37.71% in the last one year. The tier 2 benchmark of the scheme is Nifty 50 – TRI, which gave 26.73% return in the same period.

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​Mahindra Manulife Aggressive Hybrid Fund

6/9

​Mahindra Manulife Aggressive Hybrid Fund

The scheme offered 34.85% return in a one-year period. The performance of the scheme is benchmarked against CRISIL Hybrid 35+65 – Aggressive Index, which gave 25.30% return in the said period.

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​Other schemes in the category

7/9

​Other schemes in the category

The other schemes in the category offered returns ranging between 20.27% and 33.84% in the last one year.
Read More   It's advantage FD with debt mutual funds set to lose popularity

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​Wish to invest?
Aggressive hybrid schemes invest 65-80% in equity and 20-35% in debt. These schemes are recommended to new or cautious equity investors. The mixed portfolio helps these schemes deal with volatility better. These schemes are ideal for conservative equity investors who want to create wealth over a long period.

ETMarkets.com

​Looking for recommendations?

9/9

​Looking for recommendations?

Here are our monthly recommendations: SBI Equity Hybrid Fund, Canara Robeco Equity Hybrid Fund, Mirae Asset Hybrid Equity Fund, ICICI Prudential Equity and Debt Fund, Quant Absolute Fund

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