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8 Best Hybrid Balanced Mutual Funds 2023
Hybrid Funds are also commonly known as Balanced Fund. Hybrid funds are a type of Mutual Funds that invest in both equity and debt mutual fund. In other words, this fund acts as a combination of both debt and equity, where about 65% of the Portfolio is dedicated to equities and the rest to fixed Income instruments.
Hybrid funds are a great option for the investors who fear of Investing in Equity Funds. This fund will reduce the risk portion and also help in gaining optimal returns over the time. To earn the best possible profits, investors are advised to invest in best hybrid mutual funds or best balanced funds. Thus, to make the process of investing easy for you, we have shortlisted some of the top performing hybrid funds to invest in 2023 - 2024 in article below.
Why Invest in Hybrid or Balanced Mutual Funds?
Hybrid funds help in balancing the portfolio. As the fund invests in both stocks and Bonds, investors can easily create a balanced portfolio by investing in a balanced mutual fund. This scheme also provides diversification benefits. Diversification helps in generating stable returns; so that if one fund underperforms, others can stabilise the portfolio. This will reduce the overall risk of the portfolio.
Hybrid or balanced funds are also a gateway for those who want to begin their equity investments. This will help in gaining optimal returns within a short to mid tenure. This will also prevent the larger downfall of equity from the ever-changing Market conditions. Moreover, hybrid funds carry a moderate level of risk, whereas equity funds have a high level of investment risk.
Ideally, hybrid funds can be a good investment option for investors who want to invest in Mutual Funds. These funds have the best of both worlds: the advantages of equities while gaining the benefits of a Fixed Income investment. Thus, investors can choose the above listed best hybrid mutual funds and earn good profits by investing in the scheme.
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Top 8 Hybrid Mutual Funds for Investments in FY 23 - 24
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2022 (%) ICICI Prudential Equity and Debt Fund Growth ₹240.87
↑ 0.91 ₹21,282 -0.6 5 7.1 19.8 13.2 11.7 HDFC Balanced Advantage Fund Growth ₹324.326
↑ 0.86 ₹51,027 0.7 7.3 13.8 17.4 11 18.8 Sundaram Equity Hybrid Fund Growth ₹135.137
↑ 0.78 ₹1,954 0.5 10.5 27.1 16 14.2 UTI Hybrid Equity Fund Growth ₹263.656
↑ 1.03 ₹4,417 0.2 4.2 5.9 15.8 9 5.6 HDFC Hybrid Equity Fund Growth ₹85.379
↑ 0.23 ₹19,174 0.3 5.5 7.3 15.3 10.3 8.9 Kotak Equity Hybrid Fund Growth ₹41.603
↑ 0.21 ₹3,209 -0.8 3.2 4.5 14.8 11.1 5 Tata Hybrid Equity Fund Growth ₹321.276
↑ 1.62 ₹3,315 -0.7 3.3 5.9 13.5 9 7.9 Principal Hybrid Equity Fund Growth ₹113.32
↑ 0.41 ₹3,116 -2.5 1.8 2.5 13.1 8.6 3 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 8 Feb 23 Assets > 500 Crore & Sorted on 3 Year CAGR Returns.
Hybrid / Balanced Mutual Funds Basics
1. Understanding Balanced Funds
In India, Balance funds typically invest 65% of their portfolio in stocks/equity/shares and the remainder of their resources in bonds and other debt instruments like corporate bond/ Government Bonds/ Infrastrcuture Bonds. So balanced funds are usually equity-oriented hybrid funds. They serve as a suitable option for first-time investors who have low-risk appetite. They are for investors who do not want to take on risky options but still want Capital appreciation. Also there are Debt oriented hybrid/balanced funds having 65% and 35% Equity.
2. Types of Hybrid Mutual Funds
Based on recent (Mar - Apr 2018) categorization of Mutual funds by SEBI. Types of hybrid fund as follows.
| Type | Details |
|---|---|
| Hybrid Equity | 65% Equity 35% Debt |
| Hybrid Debt | 65% Debt 35% Equity |
| Arbitrage | 100% Equity Arbitrage |
| Dynamic Allocation | Dynamic Allocaiton based on valuations |
| Equity Savings | arbitrage opportunities, investment in equity / equity related instruments and debt / money market instruments |
| Multi Asset | Multiple Asset like Floating Rate and fixed rate debt instruments, equity, money market instruments and derivatives |
| Balanced Hybrid | 50% Equity 50% Debt |
3. Advantages of Balanced Funds
Balance funds provide a convenience of diversification in form of a single docket of a mutual fund. An investor thus needs to go through the hassle of analyzing and selecting a bouquet of funds. A professionally trained and experienced fund manager does this job for the investor. A calculated combination of debt and equity components makes the funds less vulnerable to market Volatility. The equity components of the fund are aimed at generating capital appreciation and their debt components serve as securities to shield the investment from unforeseen market corrections.
4. Disadvantages of Balanced Funds
While it might seem that balanced funds are virtually risk-free, it is not entirely the case. Balanced funds have their own share of risk. While in case of a direct investment across a number of stocks and debt instruments, one can relocate the resources among different funds as diversification for Tax Planning or wealth creation. However, in balance funds, since the decision of resource allocation is with the fund manager, customized diversification is not possible.
5. Better risk-based returns
Balanced funds have given better risk-adjusted returns in the long run compared to equity returns. A comparison is given below is based on certain assumption which might change time to time in future.
| Fund Category | 5-year rolling return | Risk-based Std. deviation |
|---|---|---|
| Balanced Funds | 13.20% | 2.9 |
| Large cap funds | 12.90% | 3.47 |
| mid-cap and Large cap funds | 13.96% | 3.82 |
| Diversified Funds | 14.91% | 3.96 |
(Erstwhile ICICI Prudential Balanced Fund) To generate long term capital appreciation and current income from a portfolio
that is invested in equity and equity related securities as well as in fixed income
securities. ICICI Prudential Equity and Debt Fund is a Hybrid - Hybrid Equity fund was launched on 3 Nov 99. It is a fund with Moderately High risk and has given a Below is the key information for ICICI Prudential Equity and Debt Fund Returns up to 1 year are on (Erstwhile HDFC Growth Fund and HDFC Prudence Fund) Aims to generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments. HDFC Balanced Advantage Fund is a Hybrid - Dynamic Allocation fund was launched on 11 Sep 00. It is a fund with Moderately High risk and has given a Below is the key information for HDFC Balanced Advantage Fund Returns up to 1 year are on (Erstwhile Sundaram Balanced Fund) The scheme seeks to generate capital appreciation and current income through a judicious mix of investments in equities and fixed income securities. Sundaram Equity Hybrid Fund is a Hybrid - Hybrid Equity fund was launched on 23 Jun 00. It is a fund with Moderately High risk and has given a Below is the key information for Sundaram Equity Hybrid Fund Returns up to 1 year are on (Erstwhile UTI Balanced Fund) The scheme aims to invest in a portfolio of equity/equity related securities and fixed income securities (debt and money market securities) with a view to generating regular income together with capital appreciation. UTI Hybrid Equity Fund is a Hybrid - Hybrid Equity fund was launched on 2 Jan 95. It is a fund with Moderately High risk and has given a Below is the key information for UTI Hybrid Equity Fund Returns up to 1 year are on (Erstwhile HDFC Premier Multi-Cap Fund and HDFC Balanced Fund) To generate capital appreciation in the long term through equity
investments by investing in a diversified portfolio of Mid Cap & Large Cap ‘blue chip’ companies. HDFC Hybrid Equity Fund is a Hybrid - Hybrid Equity fund was launched on 6 Apr 05. It is a fund with Moderately High risk and has given a Below is the key information for HDFC Hybrid Equity Fund Returns up to 1 year are on (Erstwhile Kotak Balance Fund) The objective of the Scheme is to achieve growth by investing in equity and equity related instruments, balanced with income generation by investing in debt and money market instruments. Kotak Equity Hybrid Fund is a Hybrid - Hybrid Equity fund was launched on 3 Nov 14. It is a fund with Moderately High risk and has given a Below is the key information for Kotak Equity Hybrid Fund Returns up to 1 year are on (Erstwhile TATA Balanced Fund) To provide income distribution and / or medium to long term capital gains while at all times emphasising the importance of capital appreciation. Tata Hybrid Equity Fund is a Hybrid - Hybrid Equity fund was launched on 8 Oct 95. It is a fund with Moderately High risk and has given a Below is the key information for Tata Hybrid Equity Fund Returns up to 1 year are on (Erstwhile Principal Balanced Fund) Aims to generate long term capital appreciation and current income by investing in a portfolio of equity, equity related securities and fixed income securities. Principal Hybrid Equity Fund is a Hybrid - Hybrid Equity fund was launched on 14 Jan 00. It is a fund with Moderately High risk and has given a Below is the key information for Principal Hybrid Equity Fund Returns up to 1 year are on 1. ICICI Prudential Equity and Debt Fund
CAGR/Annualized return of 14.7% since its launch. Ranked 7 in Hybrid Equity category. Return for 2022 was 11.7% , 2021 was 41.7% and 2020 was 9% . ICICI Prudential Equity and Debt Fund
Growth Launch Date 3 Nov 99 NAV (08 Feb 23) ₹240.87 ↑ 0.91 (0.38 %) Net Assets (Cr) ₹21,282 on 31 Dec 22 Category Hybrid - Hybrid Equity AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.79 Sharpe Ratio 0.64 Information Ratio 0.69 Alpha Ratio 6.44 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Jan 18 ₹10,000 31 Jan 19 ₹9,550 31 Jan 20 ₹10,486 31 Jan 21 ₹11,581 31 Jan 22 ₹17,047 31 Jan 23 ₹18,218 Returns for ICICI Prudential Equity and Debt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Feb 23 Duration Returns 1 Month 0.3% 3 Month -0.6% 6 Month 5% 1 Year 7.1% 3 Year 19.8% 5 Year 13.2% 10 Year 15 Year Since launch 14.7% Historical performance (Yearly) on absolute basis
Year Returns 2022 11.7% 2021 41.7% 2020 9% 2019 9.3% 2018 -1.9% 2017 24.8% 2016 13.7% 2015 2.1% 2014 45.6% 2013 11.2% Fund Manager information for ICICI Prudential Equity and Debt Fund
Name Since Tenure Sankaran Naren 7 Dec 15 7.07 Yr. Manish Banthia 19 Sep 13 9.29 Yr. Mittul Kalawadia 29 Dec 20 2.01 Yr. Nikhil Kabra 29 Dec 20 2.01 Yr. Sri Sharma 30 Apr 21 1.67 Yr. Sharmila D’mello 31 Jul 22 0.42 Yr. Data below for ICICI Prudential Equity and Debt Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 7.86% Equity 74.15% Debt 18% Equity Sector Allocation
Sector Value Financial Services 20.71% Consumer Cyclical 10.57% Energy 9.28% Technology 8.43% Utility 7.92% Communication Services 6.91% Basic Materials 3.39% Health Care 3.17% Industrials 2.76% Real Estate 0.8% Consumer Defensive 0.17% Debt Sector Allocation
Sector Value Government 12.36% Cash Equivalent 7.16% Corporate 6.34% Securitized 0% Credit Quality
Rating Value A 2.09% AA 25.99% AAA 71.91% Top Securities Holdings / Portfolio
Name Holding Value Quantity NTPC Ltd (Utilities)
Equity, Since 28 Feb 17 | NTPC8% ₹1,666 Cr 100,082,540
↑ 1,339,500 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 12 | ICICIBANK7% ₹1,445 Cr 16,217,895
↓ -189,750 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 16 | BHARTIARTL7% ₹1,385 Cr 17,177,561
↑ 237,500 Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 30 Apr 17 | ONGC6% ₹1,178 Cr 80,268,472
↑ 1,913,450 Infosys Ltd (Technology)
Equity, Since 30 Jun 16 | INFY5% ₹1,035 Cr 6,861,196
↑ 395,000 7.42% Govt Stock 2033
Sovereign Bonds | -5% ₹976 Cr 97,950,000 7.69% Govt Stock 2034
Sovereign Bonds | -4% ₹839 Cr 85,768,010 Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 22 | RELIANCE3% ₹644 Cr 2,526,731 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Jul 21 | MARUTI3% ₹622 Cr 741,012
↑ 360,060 HCL Technologies Ltd (Technology)
Equity, Since 31 Jan 21 | HCLTECH3% ₹585 Cr 5,626,512
↑ 940,143 2. HDFC Balanced Advantage Fund
CAGR/Annualized return of 17.9% since its launch. Ranked 23 in Dynamic Allocation category. Return for 2022 was 18.8% , 2021 was 26.4% and 2020 was 7.6% . HDFC Balanced Advantage Fund
Growth Launch Date 11 Sep 00 NAV (08 Feb 23) ₹324.326 ↑ 0.86 (0.27 %) Net Assets (Cr) ₹51,027 on 31 Dec 22 Category Hybrid - Dynamic Allocation AMC HDFC Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.63 Sharpe Ratio 1.13 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 300 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Jan 18 ₹10,000 31 Jan 19 ₹9,475 31 Jan 20 ₹10,085 31 Jan 21 ₹10,963 31 Jan 22 ₹14,491 31 Jan 23 ₹16,361 Returns for HDFC Balanced Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Feb 23 Duration Returns 1 Month -0.2% 3 Month 0.7% 6 Month 7.3% 1 Year 13.8% 3 Year 17.4% 5 Year 11% 10 Year 15 Year Since launch 17.9% Historical performance (Yearly) on absolute basis
Year Returns 2022 18.8% 2021 26.4% 2020 7.6% 2019 6.9% 2018 -3.1% 2017 27.9% 2016 9.4% 2015 0.3% 2014 51.8% 2013 2.1% Fund Manager information for HDFC Balanced Advantage Fund
Name Since Tenure Anil Bamboli 29 Jul 22 0.43 Yr. Gopal Agrawal 29 Jul 22 0.43 Yr. Arun Agarwal 6 Oct 22 0.24 Yr. Srinivasan Ramamurthy 29 Jul 22 0.43 Yr. Priya Ranjan 1 May 22 0.67 Yr. Data below for HDFC Balanced Advantage Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 9.68% Equity 70.44% Debt 19.88% Equity Sector Allocation
Sector Value Financial Services 26.54% Energy 9.18% Industrials 8.61% Utility 5.91% Technology 4.88% Consumer Defensive 3.33% Health Care 3.18% Consumer Cyclical 2.73% Communication Services 2.15% Real Estate 1.79% Basic Materials 1.42% Debt Sector Allocation
Sector Value Government 16.93% Cash Equivalent 9.68% Corporate 2.95% Credit Quality
Rating Value AA 6.28% AAA 93.72% Top Securities Holdings / Portfolio
Name Holding Value Quantity State Bank of India (Financial Services)
Equity, Since 31 May 07 | SBIN5% ₹2,615 Cr 42,614,271
↓ -7,570,804 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | HDFCBANK5% ₹2,609 Cr 16,024,149
↑ 7,450 7.38% Govt Stock 2027
Sovereign Bonds | -5% ₹2,505 Cr 249,081,800
↑ 25,708,500 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK5% ₹2,349 Cr 26,368,348
↑ 892,348 Coal India Ltd (Energy)
Equity, Since 31 Jan 18 | COALINDIA4% ₹2,216 Cr 98,460,711 NTPC Ltd (Utilities)
Equity, Since 31 Aug 16 | NTPC3% ₹1,730 Cr 103,960,483
↑ 577,153 Infosys Ltd (Technology)
Equity, Since 31 Oct 09 | INFY3% ₹1,606 Cr 10,647,898
↑ 203,400 7.1% Govt Stock 2029
Sovereign Bonds | -3% ₹1,548 Cr 156,500,000
↑ 67,000,000 ITC Ltd (Consumer Defensive)
Equity, Since 30 Apr 18 | ITC3% ₹1,546 Cr 46,626,526
↑ 340,800 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 22 | HDFC3% ₹1,472 Cr 5,580,471
↑ 74,100 3. Sundaram Equity Hybrid Fund
CAGR/Annualized return of 12.8% since its launch. Ranked 25 in Hybrid Equity category. . Sundaram Equity Hybrid Fund
Growth Launch Date 23 Jun 00 NAV (31 Dec 21) ₹135.137 ↑ 0.78 (0.58 %) Net Assets (Cr) ₹1,954 on 30 Nov 21 Category Hybrid - Hybrid Equity AMC Sundaram Asset Management Company Ltd Rating ☆☆ Risk Moderately High Expense Ratio 2.18 Sharpe Ratio 2.64 Information Ratio -0.12 Alpha Ratio 5.81 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Jan 18 ₹10,000 31 Jan 19 ₹10,052 31 Jan 20 ₹11,415 31 Jan 21 ₹12,368 Returns for Sundaram Equity Hybrid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Feb 23 Duration Returns 1 Month 1.8% 3 Month 0.5% 6 Month 10.5% 1 Year 27.1% 3 Year 16% 5 Year 14.2% 10 Year 15 Year Since launch 12.8% Historical performance (Yearly) on absolute basis
Year Returns 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 Fund Manager information for Sundaram Equity Hybrid Fund
Name Since Tenure Data below for Sundaram Equity Hybrid Fund as on 30 Nov 21
Asset Allocation
Asset Class Value Equity Sector Allocation
Sector Value Debt Sector Allocation
Sector Value Credit Quality
Rating Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 4. UTI Hybrid Equity Fund
CAGR/Annualized return of 14.7% since its launch. Ranked 12 in Hybrid Equity category. Return for 2022 was 5.6% , 2021 was 30.5% and 2020 was 13.2% . UTI Hybrid Equity Fund
Growth Launch Date 2 Jan 95 NAV (08 Feb 23) ₹263.656 ↑ 1.03 (0.39 %) Net Assets (Cr) ₹4,417 on 31 Dec 22 Category Hybrid - Hybrid Equity AMC UTI Asset Management Company Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2 Sharpe Ratio 0.11 Information Ratio 0.39 Alpha Ratio 0.85 Min Investment 1,000 Min SIP Investment 500 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Jan 18 ₹10,000 31 Jan 19 ₹9,233 31 Jan 20 ₹9,610 31 Jan 21 ₹10,895 31 Jan 22 ₹14,284 31 Jan 23 ₹14,862 Returns for UTI Hybrid Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Feb 23 Duration Returns 1 Month 0.9% 3 Month 0.2% 6 Month 4.2% 1 Year 5.9% 3 Year 15.8% 5 Year 9% 10 Year 15 Year Since launch 14.7% Historical performance (Yearly) on absolute basis
Year Returns 2022 5.6% 2021 30.5% 2020 13.2% 2019 2.5% 2018 -5.6% 2017 25.7% 2016 8.8% 2015 2.4% 2014 32.8% 2013 6.8% Fund Manager information for UTI Hybrid Equity Fund
Name Since Tenure V Srivatsa 24 Sep 09 13.28 Yr. Sunil Patil 5 Feb 18 4.91 Yr. Data below for UTI Hybrid Equity Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 2.8% Equity 73.04% Debt 24.16% Equity Sector Allocation
Sector Value Financial Services 26.11% Technology 10.21% Industrials 7.76% Consumer Cyclical 7.3% Health Care 5.33% Consumer Defensive 3.96% Basic Materials 3.91% Communication Services 2.31% Utility 2.24% Real Estate 2.05% Energy 1.85% Debt Sector Allocation
Sector Value Government 15.62% Corporate 9.09% Cash Equivalent 2.25% Credit Quality
Rating Value AA 14.52% AAA 85.48% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 29 Feb 20 | HDFCBANK6% ₹283 Cr 1,741,069 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 10 | ICICIBANK6% ₹261 Cr 2,927,456
↓ -315,392 Infosys Ltd (Technology)
Equity, Since 31 Mar 06 | INFY4% ₹193 Cr 1,281,984 State Bank of India (Financial Services)
Equity, Since 31 Mar 18 | SBIN4% ₹173 Cr 2,819,488
↓ -200,707 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 12 | LT4% ₹167 Cr 801,920
↓ -18,548 ITC Ltd (Consumer Defensive)
Equity, Since 31 Aug 06 | ITC3% ₹153 Cr 4,615,162
↓ -342,946 7.26% Govt Stock 2032
Sovereign Bonds | -3% ₹124 Cr 1,250,000,000
↑ 500,000,000 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Jul 18 | HDFC3% ₹121 Cr 458,571
↓ -16,749 HCL Technologies Ltd (Technology)
Equity, Since 31 May 21 | HCLTECH3% ₹121 Cr 1,161,906 Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 18 | AXISBANK2% ₹110 Cr 1,180,857
↓ -22,629 5. HDFC Hybrid Equity Fund
CAGR/Annualized return of 15.3% since its launch. Ranked 57 in Hybrid Equity category. Return for 2022 was 8.9% , 2021 was 25.7% and 2020 was 13.4% . HDFC Hybrid Equity Fund
Growth Launch Date 6 Apr 05 NAV (08 Feb 23) ₹85.379 ↑ 0.23 (0.27 %) Net Assets (Cr) ₹19,174 on 31 Dec 22 Category Hybrid - Hybrid Equity AMC HDFC Asset Management Company Limited Rating ☆☆ Risk Moderately High Expense Ratio 1.77 Sharpe Ratio 0.38 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 300 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Jan 18 ₹10,000 31 Jan 19 ₹9,561 31 Jan 20 ₹10,329 31 Jan 21 ₹11,675 31 Jan 22 ₹14,966 31 Jan 23 ₹15,788 Returns for HDFC Hybrid Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Feb 23 Duration Returns 1 Month 0.3% 3 Month 0.3% 6 Month 5.5% 1 Year 7.3% 3 Year 15.3% 5 Year 10.3% 10 Year 15 Year Since launch 15.3% Historical performance (Yearly) on absolute basis
Year Returns 2022 8.9% 2021 25.7% 2020 13.4% 2019 7.5% 2018 -2.8% 2017 27.5% 2016 9.7% 2015 3% 2014 51.5% 2013 8.8% Fund Manager information for HDFC Hybrid Equity Fund
Name Since Tenure Chirag Setalvad 2 Apr 07 15.76 Yr. Anupam Joshi 6 Oct 22 0.24 Yr. Priya Ranjan 1 May 22 0.67 Yr. Data below for HDFC Hybrid Equity Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 1.75% Equity 72.01% Debt 26.24% Equity Sector Allocation
Sector Value Financial Services 28.88% Industrials 11.8% Technology 7.46% Energy 6.44% Consumer Defensive 4.74% Communication Services 2.77% Basic Materials 2.6% Utility 2.37% Health Care 2.23% Consumer Cyclical 1.95% Real Estate 0.38% Debt Sector Allocation
Sector Value Government 23.88% Corporate 2.83% Cash Equivalent 1.27% Credit Quality
Rating Value AA 3.95% AAA 96.05% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 10 | ICICIBANK8% ₹1,497 Cr 16,800,000 7.1% Govt Stock 2029
Sovereign Bonds | -6% ₹1,088 Cr 110,000,000
↑ 10,000,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Aug 13 | HDFCBANK5% ₹961 Cr 5,900,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 18 | RELIANCE5% ₹936 Cr 3,675,000 State Bank of India (Financial Services)
Equity, Since 31 Oct 11 | SBIN5% ₹927 Cr 15,097,000 ITC Ltd (Consumer Defensive)
Equity, Since 31 May 15 | ITC5% ₹887 Cr 26,767,500 Infosys Ltd (Technology)
Equity, Since 31 Jan 03 | INFY4% ₹848 Cr 5,623,368 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Nov 16 | HDFC4% ₹791 Cr 3,000,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | AXISBANK4% ₹677 Cr 7,250,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 11 | LT3% ₹646 Cr 3,096,440 6. Kotak Equity Hybrid Fund
CAGR/Annualized return of 10.9% since its launch. Ranked 17 in Hybrid Equity category. Return for 2022 was 5% , 2021 was 28.9% and 2020 was 15.4% . Kotak Equity Hybrid Fund
Growth Launch Date 3 Nov 14 NAV (08 Feb 23) ₹41.603 ↑ 0.21 (0.51 %) Net Assets (Cr) ₹3,209 on 31 Dec 22 Category Hybrid - Hybrid Equity AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.09 Sharpe Ratio 0.05 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Jan 18 ₹10,000 31 Jan 19 ₹9,207 31 Jan 20 ₹10,871 31 Jan 21 ₹12,392 31 Jan 22 ₹15,965 31 Jan 23 ₹16,431 Returns for Kotak Equity Hybrid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Feb 23 Duration Returns 1 Month 0.1% 3 Month -0.8% 6 Month 3.2% 1 Year 4.5% 3 Year 14.8% 5 Year 11.1% 10 Year 15 Year Since launch 10.9% Historical performance (Yearly) on absolute basis
Year Returns 2022 5% 2021 28.9% 2020 15.4% 2019 14.1% 2018 -6.2% 2017 23.2% 2016 11% 2015 1.9% 2014 2013 Fund Manager information for Kotak Equity Hybrid Fund
Name Since Tenure Pankaj Tibrewal 25 Aug 15 7.36 Yr. Abhishek Bisen 4 Jun 09 13.59 Yr. Arjun Khanna 30 Apr 22 0.67 Yr. Data below for Kotak Equity Hybrid Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 2.76% Equity 71.75% Debt 25.49% Equity Sector Allocation
Sector Value Financial Services 20.29% Industrials 10.8% Consumer Cyclical 9.75% Basic Materials 8.11% Technology 6.4% Health Care 4.82% Consumer Defensive 4.21% Energy 4.03% Real Estate 2.01% Utility 1.33% Debt Sector Allocation
Sector Value Government 22.21% Corporate 3.59% Cash Equivalent 2.45% Credit Quality
Rating Value A 3.47% AA 4.84% AAA 91.69% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.38% Govt Stock 2027
Sovereign Bonds | -6% ₹196 Cr 19,534,880
↑ 12,000,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 10 | ICICIBANK5% ₹157 Cr 1,765,708 7.1% Govt Stock 2029
Sovereign Bonds | -5% ₹148 Cr 15,000,000
↑ 1,000,000 7.42% Govt Stock 2033
Sovereign Bonds | -4% ₹119 Cr 11,942,800
↓ -1,000,000 Infosys Ltd (Technology)
Equity, Since 30 Apr 10 | INFY4% ₹116 Cr 769,800
↑ 25,000 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 11 | HDFCBANK4% ₹114 Cr 699,947 State Bank of India (Financial Services)
Equity, Since 31 Aug 12 | SBIN3% ₹112 Cr 1,819,100 5.74% Govt Stock 2026
Sovereign Bonds | -3% ₹97 Cr 10,232,560
↓ -3,500,000 Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 06 | RELIANCE3% ₹81 Cr 319,735 Axis Bank Ltd (Financial Services)
Equity, Since 31 May 14 | AXISBANK2% ₹78 Cr 836,636 7. Tata Hybrid Equity Fund
CAGR/Annualized return of 14.8% since its launch. Ranked 22 in Hybrid Equity category. Return for 2022 was 7.9% , 2021 was 23.6% and 2020 was 10.9% . Tata Hybrid Equity Fund
Growth Launch Date 8 Oct 95 NAV (08 Feb 23) ₹321.276 ↑ 1.62 (0.51 %) Net Assets (Cr) ₹3,315 on 31 Dec 22 Category Hybrid - Hybrid Equity AMC Tata Asset Management Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 0 Sharpe Ratio 0.31 Information Ratio 0 Alpha Ratio 2.99 Min Investment 5,000 Min SIP Investment 150 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Jan 18 ₹10,000 31 Jan 19 ₹9,399 31 Jan 20 ₹10,243 31 Jan 21 ₹11,226 31 Jan 22 ₹14,250 31 Jan 23 ₹14,807 Returns for Tata Hybrid Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Feb 23 Duration Returns 1 Month -0.1% 3 Month -0.7% 6 Month 3.3% 1 Year 5.9% 3 Year 13.5% 5 Year 9% 10 Year 15 Year Since launch 14.8% Historical performance (Yearly) on absolute basis
Year Returns 2022 7.9% 2021 23.6% 2020 10.9% 2019 6.9% 2018 -2.5% 2017 19.4% 2016 4% 2015 7% 2014 49.6% 2013 7.5% Fund Manager information for Tata Hybrid Equity Fund
Name Since Tenure Murthy Nagarajan 1 Apr 17 5.75 Yr. Chandraprakash Padiyar 3 Sep 18 4.33 Yr. Satish Mishra 1 Nov 19 3.17 Yr. Data below for Tata Hybrid Equity Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 4.05% Equity 75.58% Debt 20.37% Equity Sector Allocation
Sector Value Financial Services 26.94% Technology 11.18% Consumer Defensive 8.38% Energy 6.76% Basic Materials 6.05% Communication Services 5.02% Consumer Cyclical 5.02% Industrials 4.41% Health Care 1.02% Utility 0.8% Debt Sector Allocation
Sector Value Corporate 13.14% Government 8.66% Cash Equivalent 2.63% Credit Quality
Rating Value AA 14.08% AAA 85.92% Top Securities Holdings / Portfolio
Name Holding Value Quantity State Bank of India (Financial Services)
Equity, Since 29 Feb 16 | SBIN7% ₹245 Cr 4,000,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 16 | ICICIBANK7% ₹232 Cr 2,600,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 16 | RELIANCE7% ₹224 Cr 880,000 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFCBANK6% ₹204 Cr 1,250,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Aug 17 | TCS4% ₹140 Cr 430,000 Infosys Ltd (Technology)
Equity, Since 30 Nov 13 | INFY4% ₹128 Cr 850,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 20 | BHARTIARTL4% ₹121 Cr 1,500,000 BASF India Ltd (Basic Materials)
Equity, Since 30 Jun 18 | BASF4% ₹118 Cr 418,127 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Aug 17 | HDFC3% ₹108 Cr 410,000 ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC3% ₹106 Cr 3,200,000 8. Principal Hybrid Equity Fund
CAGR/Annualized return of 11.1% since its launch. Ranked 1 in Hybrid Equity category. Return for 2022 was 3% , 2021 was 25.4% and 2020 was 16.3% . Principal Hybrid Equity Fund
Growth Launch Date 14 Jan 00 NAV (08 Feb 23) ₹113.32 ↑ 0.41 (0.36 %) Net Assets (Cr) ₹3,116 on 31 Dec 22 Category Hybrid - Hybrid Equity AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 2.13 Sharpe Ratio -0.13 Information Ratio 0.19 Alpha Ratio -1.73 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Jan 18 ₹10,000 31 Jan 19 ₹9,665 31 Jan 20 ₹9,997 31 Jan 21 ₹11,417 31 Jan 22 ₹14,343 31 Jan 23 ₹14,523 Returns for Principal Hybrid Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Feb 23 Duration Returns 1 Month -1.1% 3 Month -2.5% 6 Month 1.8% 1 Year 2.5% 3 Year 13.1% 5 Year 8.6% 10 Year 15 Year Since launch 11.1% Historical performance (Yearly) on absolute basis
Year Returns 2022 3% 2021 25.4% 2020 16.3% 2019 2.1% 2018 -1.5% 2017 36.3% 2016 10.1% 2015 3.1% 2014 34.9% 2013 7.2% Fund Manager information for Principal Hybrid Equity Fund
Name Since Tenure Dwijendra Srivastava 1 Jan 22 1 Yr. Ravi Gopalakrishnan 16 May 22 0.63 Yr. S. Bharath 1 Jan 22 1 Yr. Sandeep Agarwal 1 Jan 22 1 Yr. Data below for Principal Hybrid Equity Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 10.79% Equity 77.84% Debt 11.37% Equity Sector Allocation
Sector Value Financial Services 30.12% Consumer Defensive 7.96% Consumer Cyclical 7.2% Technology 7.04% Health Care 6.08% Industrials 5.93% Energy 5.49% Communication Services 3.71% Basic Materials 3.34% Utility 0.49% Debt Sector Allocation
Sector Value Government 8.42% Corporate 8.24% Cash Equivalent 5.5% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK6% ₹200 Cr 2,250,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFCBANK6% ₹191 Cr 1,175,000
↑ 75,000 Reliance Industries Ltd (Energy)
Equity, Since 28 Feb 07 | RELIANCE5% ₹163 Cr 640,000 Infosys Ltd (Technology)
Equity, Since 30 Sep 17 | INFY5% ₹158 Cr 1,050,000 State Bank of India (Financial Services)
Equity, Since 31 Oct 11 | SBIN4% ₹110 Cr 1,800,000
↑ 125,000 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Jan 18 | HDFC3% ₹109 Cr 412,159 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 18 | BHARTIARTL3% ₹101 Cr 1,250,000 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Aug 15 | SUNPHARMA3% ₹93 Cr 928,356
↓ -121,644 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 13 | LT3% ₹89 Cr 425,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 17 | AXISBANK3% ₹78 Cr 840,000
Tax Implications
All the mutual funds with an equity exposure of 65% or more on an average are treated as equity asset class for taxation purpose. So the short-term Capital Gains meaning the gains booked with one year of the equity-oriented balance are taxed at 15%. If these funds are held for a period more than 12 months, their long-term capital gains are taxed at 10% if the gains booked exceed Rs. 1 lakh (as per the latest budget of 2018).
For debt oriented Hybrid Funds tax is 20% with indexation benefit as any other debt instrument if holding is for 3 years or above. Short term is taxed at marginal rate of tax (as per tax slab).
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