Top 5 hybrid mutual funds with over 40% gains in last 1 year

With the help of the ETMutual Fund Screener, ETMarkets has identified top 5 hybrid mutual funds that gained over 40% in the last 1 year. Hybrid funds invest in both equity and debt with the goal of balancing risk and reward, and optimizing investment returns. The tax treatment of equity-oriented hybrid schemes is similar to that of equity schemes, while debt-oriented hybrid schemes are taxed in the same way as debt schemes.

JM Aggressive Hybrid Fund Direct-Growth

Over the past 1 year, the fund has yielded a return of 47.65%, with its present NAV at Rs 118.38 and a market value of Rs 167.39 crore. With an expense ratio of 0.31%, the fund’s asset allocation is divided as follows: 78.20% in equity, 20.12% in debt, and 1.68% in other assets. Its primary investment focus lies within the financial, automobile, and healthcare sectors. Its leading stock holdings include Sobha, Infosys, and Tata Motors Ltd, DVR Ordinary Holdings.

ICICI Prudential Retirement Fund – Hybrid Aggressive Plan Direct-Growth

Over the past 1 year, the fund has yielded a return of 46.07%, with its present NAV at Rs 23.05 and a market value of Rs 312.89 crore. With an expense ratio of 0.77%, the fund’s asset allocation is divided as follows: 86.12% in equity, 9.27% in debt, and 4.61% in other assets. Its primary investment focus lies in the metals & mining, materials, and financial sectors. Its leading stock holdings include Bharti Airtel, Ultratech Cement, and Jindal Stainless.

Bank of India Mid & Small Cap Equity & Debt Fund Direct-Growth

Over the past 1 year, the fund has yielded a return of 43.91%, with its present NAV at Rs 34.87 and a market value of Rs 636.06 crore. With an expense ratio of 1.21%, the fund’s asset allocation is divided as follows: 69.55% in equity, 26.13% in debt, and 4.32% in other assets. Its primary investment focus lies within the financial, healthcare, and materials sectors, with its leading stock holdings including Jindal Stainless, UNO Minda, and Oil India.

Quant Multi Asset Fund Direct-Growth

Over the past 1 year, the fund has yielded a return of 42.08%, with its present NAV at Rs 126.45 and a market value of Rs 1,455.83 crore. With an expense ratio of 0.76%, the fund’s asset allocation is divided as follows: 72.54% in equity, 8.61% in debt, and 18.85% in other assets. Its primary investment focus lies in the energy, financial, and healthcare sectors, with its leading stock holdings including Reliance Industries, JIO Financial Services, and Orchid Pharma.

HDFC Balanced Advantage Fund Direct Plan-Growth

Over the past 1 year, the fund has yielded a return of 39.70%, with its present NAV at Rs 481.62 and a market value of Rs 77,011.15 crore. With an expense ratio of 0.74%, the fund’s asset allocation is divided as follows: 58.43% in equity, 27.10% in debt, and 14.47% in other assets. Its primary investment focus lies in the financial, energy, and materials sectors, with its leading stock holdings including HDFC Bank, Coal India and NTPC.