Top-rated Hybrid Mutual Funds You Should Invest in
Last Updated : Aug. 9, 2019, 11:53 a.m.
Aggressive investors love to take the plunge with equity funds to rake in great returns. These investors remain unfazed by the fact that equity investments come with a high risk weightage. On the other side, conservative investors remain content with investing in debt funds that keep the money predominantly in fixed income instruments.
Between the two, a new class of investors emerges having a mix of aggression and caution. For them, hybrid funds are the most suitable because they allocate the assets in equities and fixed income instruments in different proportions to meet the investment objective.
You need to first figure out how aggressive and conservative investor you are. It’s because hybrid funds are either equity or debt-oriented. Equity-oriented funds would invest around 60%-65% in equity and the remaining in debt instruments. In contrast, debt-oriented funds would just reverse the asset allocation mix by keeping 60%-65% in debt and the remaining in equity.
While choosing a hybrid fund, don’t forget to look at the rating the fund has got. Usually, the fund gets a rating of 1-5 stars. 3 and above 5 stars are considered good and are assigned on account of good performance the fund must have delivered over the years.
Top-rated Equity-oriented Hybrid Funds
The table below handpicks some of the top-rated hybrid funds (equity-oriented).
| Equity-oriented Hybrid Mutual Funds | Rating | 1-year return | 3-Year Return | 5-Year Return | 10-year return |
|---|---|---|---|---|---|
| HDFC Retirement Savings Fund - Hybrid Equity Plan | 5 Star | -3.63% | 7.99% | - | - |
| Principal Hybrid Equity Fund | 5 Star | -9.28% | 7.93% | 9.03% | 10.69% |
| Mirae Asset Hybrid Equity Fund | 5 Star | -0.84% | 9.03% | - | - |
| HDFC Hybrid Equity Fund | 4 Star | -3.38% | 7.06% | 9.27% | 14.62% |
| DSP Equity & Bond Fund | 4 Star | -3.67% | 6.37% | 9.85% | 11.24% |
| ICICI Prudential Child Care Fund - Gift Plan | 3 Star | -4.25% | 4.84% | 6.78% | 12.58% |
Top-rated Debt-oriented Hybrid Funds to Watch Out for
Check out the table below to know which debt-oriented hybrid funds are assigned a good rating.
| Debt-oriented Hybrid Mutual Funds | Rating | 1-year return | 3-Year Return | 5-Year Return | 10-year return |
|---|---|---|---|---|---|
| ICICI Prudential Regular Savings Fund | 5 Star | 5.98% | 7.95% | 9.60% | 9.63% |
| Aditya Birla Sun Life Regular Savings Fund | 4 Star | -0.68% | 4.99% | 8.93% | 9.43% |
| IDFC Asset Allocation Fund - Moderate Plan | 4 Star | -1.81% | 5.19% | 7.24% | - |
| Franklin India Life Stage Fund of Funds 50s Plus - Floating Rate | 4 Star | 3.46% | 6.36% | 7.46% | 8.20% |
| UTI Regular Savings Fund | 4 Star | -1.84% | 5.13% | 7.55% | 8.50% |
| HDFC Hybrid Debt Fund | 3 Star | 4.16% | 5.36% | 7.33% | 8.92% |
How to Invest in Top-rated Hybrid Mutual Funds?
Investment in top-rated hybrid funds can be made via a Systematic Investment Plan (SIP) or lump sum. You can invest via SIP at regular intervals – daily, weekly, fortnightly, monthly, quarterly, half-yearly or yearly. The lump sum, on the other hand, is a one-time investment in mutual funds.
How to Invest in Top-rated Hybrid Mutual Funds Online?
Investing in hybrid mutual funds online is simple at Wishfin, a financial marketplace where you can check, compare and choose from a list of top-performing mutual fund schemes. You just need to follow a few steps shown below.
- Go to www.wishfin.com
- Click on ‘Mutual Funds’
- Go to ‘Register’
- Enter your mobile number
- Click on ‘Get Started’
- Mention your name, email ID, the city you live in
- Create a password that conforms to alphabet, numeric and special character requirements
- Click on ‘Sign Up’
Your account will be created by entering a few more details.
After Login
- Go to ‘Explore Mutual Funds’
- Click on ‘Hybrid’ icon
- A list of hybrid funds with different ratings, denoted in stars, will flash on the screen
- Click on ‘Invest’ below any of the top-rated schemes you wish to invest in
Note – The data is sourced from Value Research as on August 23, 2019.
Disclaimer – “Mutual fund investments are subject to market risks. Please read the scheme document carefully before investing”.