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8 Best Performing Hybrid Balanced Mutual Funds 2020 | Fincash.com

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8 Best Hybrid Balanced Mutual Funds 2020

Updated on October 17, 2020 , 17616 views

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-or-balanced-mutual-funds

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 2020 - 2021 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 20 - 21

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2019 (%)
Canara Robeco Equity Debt Allocation Fund Growth ₹178.48
↑ 0.60
₹3,4386.917.99.77.69.111.7
ICICI Prudential MIP 25 Growth ₹48.221
↑ 0.09
₹2,1153.89.29.17.58.89.6
Edelweiss Balanced Advantage Fund Growth ₹27.02
↑ 0.17
₹1,5855.815.111.97.17.77.8
L&T Dynamic Equity Fund Growth ₹27.136
↑ 0.02
₹7644.614.69.76.95.78.2
IDFC Dynamic Equity Fund Growth ₹14.92
↑ 0.03
₹1,0184.416.79.16.278.6
ICICI Prudential Balanced Advantage Fund Growth ₹38.64
↑ 0.24
₹26,1755.817.94.86.17.910.8
Mirae Asset Hybrid Equity Fund Growth ₹15.77
↑ 0.13
₹3,735618.965.89.411.9
DSP BlackRock Dynamic Asset Allocation Fund Growth ₹16.904
↑ 0.07
₹1,6333.611.86.15.87.28.8
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 Oct 20
*List of Funds is bases on 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

1. Canara Robeco Equity Debt Allocation Fund

(Erstwhile Canara Robeco Balance)

To seek to generate long term capital appreciation and/or income from a portfolio constituted of equity and equity related securities as well as fixed income securities (debt and money market securities). However, there can be no assurance that the investment objective of the scheme will be realized.

Canara Robeco Equity Debt Allocation Fund is a Hybrid - Hybrid Equity fund was launched on 1 Feb 93. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 11% since its launch.  Ranked 14 in Hybrid Equity category.  Return for 2019 was 11.7% , 2018 was 1.3% and 2017 was 25.2% .

Below is the key information for Canara Robeco Equity Debt Allocation Fund

Canara Robeco Equity Debt Allocation Fund
Growth
Launch Date 1 Feb 93
NAV (19 Oct 20) ₹178.48 ↑ 0.60   (0.34 %)
Net Assets (Cr) ₹3,438 on 30 Sep 20
Category Hybrid - Hybrid Equity
AMC Canara Robeco Asset Management Co. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.31
Sharpe Ratio 0.26
Information Ratio 0.12
Alpha Ratio 2.01
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.

DateValue
30 Sep 15₹10,000
30 Sep 16₹11,212
30 Sep 17₹12,624
30 Sep 18₹13,308
30 Sep 19₹14,397
30 Sep 20₹15,583

Canara Robeco Equity Debt Allocation Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹385,859.
Net Profit of ₹85,859
Invest Now

Returns for Canara Robeco Equity Debt Allocation Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Oct 20

DurationReturns
1 Month 1.6%
3 Month 6.9%
6 Month 17.9%
1 Year 9.7%
3 Year 7.6%
5 Year 9.1%
10 Year
15 Year
Since launch 11%
Historical performance (Yearly) on absolute basis
YearReturns
2019 11.7%
2018 1.3%
2017 25.2%
2016 3.6%
2015 6.1%
2014 45.7%
2013 4.1%
2012 26.4%
2011 -9.8%
2010 17.4%
Fund Manager information for Canara Robeco Equity Debt Allocation Fund
NameSinceTenure
Avnish Jain7 Oct 136.99 Yr.
Shridatta Bhandwaldar12 Jul 164.22 Yr.
Cheenu Gupta1 Oct 191 Yr.

Data below for Canara Robeco Equity Debt Allocation Fund as on 30 Sep 20

Asset Allocation
Asset ClassValue
Cash9.55%
Equity71.3%
Debt19.15%
Equity Sector Allocation
SectorValue
Financial Services19.04%
Technology11.67%
Consumer Cyclical7.67%
Health Care6.67%
Basic Materials6.56%
Energy6.06%
Consumer Defensive5.79%
Industrials4.82%
Utility1.73%
Communication Services1.3%
Debt Sector Allocation
SectorValue
Corporate10.11%
Cash Equivalent9.55%
Government9.04%
Credit Quality
RatingValue
AAA23.13%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 May 10 | INFY
6%₹203 Cr2,015,472
↑ 50,000
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 15 | RELIANCE
6%₹203 Cr906,900
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFCBANK
6%₹196 Cr1,819,950
↑ 15,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 11 | ICICIBANK
4%₹138 Cr3,903,600
↑ 75,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS
3%₹105 Cr423,200
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Jul 17 | 500696
3%₹92 Cr446,800
↑ 40,000
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Jul 19 | 500034
2%₹73 Cr221,373
↑ 20,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK
2%₹72 Cr569,256
↑ 50,000
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Jul 16 | MARUTI
2%₹55 Cr81,848
↑ 8,000
UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Mar 14 | ULTRACEMCO
2%₹55 Cr135,621

2. ICICI Prudential MIP 25

The Scheme seeks to generate regular income through investments primarily in debt and money market instruments. As a secondary objective, the Scheme also seeks to generate long term capital appreciation from the portion of equity investments under the Scheme. However, there can be no assurance that the investment objectives of the Scheme will be realized.

ICICI Prudential MIP 25 is a Hybrid - Hybrid Debt fund was launched on 30 Mar 04. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 10% since its launch.  Ranked 2 in Hybrid Debt category.  Return for 2019 was 9.6% , 2018 was 5.1% and 2017 was 12.9% .

Below is the key information for ICICI Prudential MIP 25

ICICI Prudential MIP 25
Growth
Launch Date 30 Mar 04
NAV (19 Oct 20) ₹48.221 ↑ 0.09   (0.18 %)
Net Assets (Cr) ₹2,115 on 30 Sep 20
Category Hybrid - Hybrid Debt
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 1.97
Sharpe Ratio 0.58
Information Ratio 0
Alpha Ratio 0
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.

DateValue
30 Sep 15₹10,000
30 Sep 16₹11,133
30 Sep 17₹12,320
30 Sep 18₹12,822
30 Sep 19₹14,038
30 Sep 20₹15,240

ICICI Prudential MIP 25 SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357
Invest Now

Returns for ICICI Prudential MIP 25

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Oct 20

DurationReturns
1 Month 1.1%
3 Month 3.8%
6 Month 9.2%
1 Year 9.1%
3 Year 7.5%
5 Year 8.8%
10 Year
15 Year
Since launch 10%
Historical performance (Yearly) on absolute basis
YearReturns
2019 9.6%
2018 5.1%
2017 12.9%
2016 10.9%
2015 6.4%
2014 22.5%
2013 5.9%
2012 17.3%
2011 -0.6%
2010 9%
Fund Manager information for ICICI Prudential MIP 25
NameSinceTenure
Rajat Chandak17 Feb 155.62 Yr.
Manish Banthia19 Sep 137.04 Yr.
Priyanka Khandelwal15 Jun 173.3 Yr.

Data below for ICICI Prudential MIP 25 as on 30 Sep 20

Asset Allocation
Asset ClassValue
Cash7.87%
Equity16.52%
Debt75.62%
Equity Sector Allocation
SectorValue
Financial Services3.27%
Consumer Cyclical2.72%
Consumer Defensive2.18%
Energy1.34%
Health Care1.32%
Technology1.23%
Basic Materials1.07%
Industrials0.91%
Communication Services0.55%
Debt Sector Allocation
SectorValue
Corporate53.05%
Government22.57%
Cash Equivalent7.87%
Credit Quality
RatingValue
A19.51%
AA43.15%
AAA37.33%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
6.19% Govt Stock 2034
Sovereign Bonds | -
10%₹201 Cr20,500,000
5.77% GOI 2030
Sovereign Bonds | -
5%₹108 Cr11,000,000
↑ 500,000
Essar Oil Limited
Debentures | -
5%₹99 Cr100
Talwandi Sabo Power Limited
Debentures | -
5%₹98 Cr1,000
TMF Holdings Limited
Debentures | -
4%₹81 Cr700
Prestige Estates Projects Limited
Debentures | -
4%₹75 Cr750
Embassy Office Parks Reit
Debentures | -
3%₹70 Cr600
IDBI Bank Limited
Debentures | -
3%₹69 Cr694
Aqua Space Developers Pvt. Limited
Debentures | -
3%₹65 Cr652
↓ -42
7.57% Govt Stock 2033
Sovereign Bonds | -
3%₹55 Cr5,000,000

3. Edelweiss Balanced Advantage Fund

(Erstwhile Edelweiss Dynamic Equity Advantage Fund)

The primary objective of the scheme will be to generate absolute returns with low volatility over a longer tenure of time. The scheme will invest in arbitrage opportunities, equity derivative strategies, pure equity investments and the balance in debt and money market instruments. The Scheme proposes to allocate assets to both equity and debt markets based upon the market view. However there is no assurance that the investment objective of the scheme will be realized.

Edelweiss Balanced Advantage Fund is a Hybrid - Dynamic Allocation fund was launched on 20 Aug 09. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 9.3% since its launch.  Ranked 26 in Dynamic Allocation category.  Return for 2019 was 7.8% , 2018 was 1.9% and 2017 was 23.9% .

Below is the key information for Edelweiss Balanced Advantage Fund

Edelweiss Balanced Advantage Fund
Growth
Launch Date 20 Aug 09
NAV (19 Oct 20) ₹27.02 ↑ 0.17   (0.63 %)
Net Assets (Cr) ₹1,585 on 30 Sep 20
Category Hybrid - Dynamic Allocation
AMC Edelweiss Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.33
Sharpe Ratio 0.41
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 500
Exit Load 0-365 Days (1%),365 Days and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Sep 15₹10,000
30 Sep 16₹10,290
30 Sep 17₹11,474
30 Sep 18₹12,232
30 Sep 19₹12,856
30 Sep 20₹14,207

Edelweiss Balanced Advantage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹367,070.
Net Profit of ₹67,070
Invest Now

Returns for Edelweiss Balanced Advantage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Oct 20

DurationReturns
1 Month 0.5%
3 Month 5.8%
6 Month 15.1%
1 Year 11.9%
3 Year 7.1%
5 Year 7.7%
10 Year
15 Year
Since launch 9.3%
Historical performance (Yearly) on absolute basis
YearReturns
2019 7.8%
2018 1.9%
2017 23.9%
2016 -1.5%
2015 3.7%
2014 29%
2013 9.4%
2012 12%
2011 -2.3%
2010 13.3%
Fund Manager information for Edelweiss Balanced Advantage Fund
NameSinceTenure
Gautam Kaul11 Dec 172.81 Yr.
Bhavesh Jain3 Aug 155.16 Yr.
Bharat Lahoti18 Sep 173.04 Yr.

Data below for Edelweiss Balanced Advantage Fund as on 30 Sep 20

Asset Allocation
Asset ClassValue
Cash20.66%
Equity76.35%
Debt2.99%
Equity Sector Allocation
SectorValue
Financial Services16.1%
Technology11.83%
Basic Materials9.38%
Health Care7.64%
Consumer Defensive7.18%
Consumer Cyclical4.38%
Energy3.45%
Communication Services2.63%
Industrials2.23%
Utility2.2%
Real Estate0.29%
Debt Sector Allocation
SectorValue
Cash Equivalent20.66%
Corporate1.65%
Government1.33%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Future on HDFC Bank Ltd
Derivatives, Since 30 Sep 20 | -
5%₹73 Cr679,250
↑ 75,350
Infosys Ltd (Technology)
Equity, Since 30 Jun 20 | INFY
4%₹66 Cr652,685
↑ 171,836
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 14 | ICICIBANK
4%₹60 Cr1,704,102
↑ 34,293
HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 18 | HCLTECH
3%₹47 Cr582,177
Nifty 29/10/2020
- | -
3%-₹46 Cr40,500
↑ 40,500
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 14 | RELIANCE
3%₹44 Cr198,080
↑ 48,655
Reliance Industries Ltd.
Equity, Since 30 Jun 20 | -
3%₹44 Cr327,885
↓ -14,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Dec 19 | BHARTIARTL
3%₹42 Cr989,167
↑ 136,666
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 May 15 | TCS
2%₹35 Cr139,068
↑ 29,243
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 18 | HDFC
2%₹29 Cr164,944
↑ 36,932

4. L&T Dynamic Equity Fund

To seek to generate long-term capital appreciation from a diversified portfolio of equity and equity related securities and to generate reasonable returns by investing in a portfolio of debt and money market instruments and arbitrage opportunities in the cash and derivatives segments of the equity markets.

L&T Dynamic Equity Fund is a Hybrid - Dynamic Allocation fund was launched on 7 Feb 11. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 10.8% since its launch.  Ranked 28 in Dynamic Allocation category.  Return for 2019 was 8.2% , 2018 was 3.4% and 2017 was 11.4% .

Below is the key information for L&T Dynamic Equity Fund

L&T Dynamic Equity Fund
Growth
Launch Date 7 Feb 11
NAV (19 Oct 20) ₹27.136 ↑ 0.02   (0.07 %)
Net Assets (Cr) ₹764 on 30 Sep 20
Category Hybrid - Dynamic Allocation
AMC L&T Investment Management Ltd
Rating
Risk Moderately High
Expense Ratio 2.49
Sharpe Ratio 0.34
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Sep 15₹10,000
30 Sep 16₹10,206
30 Sep 17₹10,855
30 Sep 18₹11,573
30 Sep 19₹12,225
30 Sep 20₹13,361

L&T Dynamic Equity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹349,120.
Net Profit of ₹49,120
Invest Now

Returns for L&T Dynamic Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Oct 20

DurationReturns
1 Month -0.2%
3 Month 4.6%
6 Month 14.6%
1 Year 9.7%
3 Year 6.9%
5 Year 5.7%
10 Year
15 Year
Since launch 10.8%
Historical performance (Yearly) on absolute basis
YearReturns
2019 8.2%
2018 3.4%
2017 11.4%
2016 1.9%
2015 3.8%
2014 49.7%
2013 7.2%
2012 31.3%
2011
2010
Fund Manager information for L&T Dynamic Equity Fund
NameSinceTenure
Venugopal Manghat17 Dec 190.79 Yr.
Jalpan Shah30 May 164.34 Yr.
Praveen Ayathan1 Feb 164.67 Yr.
Vihang Naik17 Dec 190.79 Yr.

Data below for L&T Dynamic Equity Fund as on 30 Sep 20

Asset Allocation
Asset ClassValue
Cash45.79%
Equity41.29%
Debt12.92%
Equity Sector Allocation
SectorValue
Financial Services14.74%
Consumer Defensive10.34%
Technology8.76%
Health Care7.85%
Consumer Cyclical6.57%
Energy5.51%
Basic Materials4.73%
Communication Services3.73%
Industrials3.52%
Real Estate1.16%
Debt Sector Allocation
SectorValue
Cash Equivalent45.73%
Government12.92%
Corporate0.05%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK
5%₹40 Cr1,120,300
↓ -305,700
Reliance Industries Ltd (Energy)
Equity, Since 31 May 18 | RELIANCE
5%₹36 Cr162,040
↑ 13,840
Future on ICICI Bank Ltd
Derivatives | -
4%-₹33 Cr929,500
Export-Import Bank of India
Debentures | -
4%₹30 Cr250
↑ 250
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 18 | BHARTIARTL
4%₹28 Cr676,496
↑ 310,239
National Highways Authority of India
Debentures | -
3%₹27 Cr250
↑ 250
Indian Railway Finance Corporation Limited
Debentures | -
3%₹26 Cr250
Future on Bharti Airtel Ltd
Derivatives | -
3%-₹23 Cr547,896
↑ 349,839
ITC Ltd (Consumer Defensive)
Equity, Since 31 May 19 | ITC
3%₹23 Cr1,334,200
↑ 542,000
Future on Tata Motors Ltd
Derivatives | -
3%-₹21 Cr1,567,500
↑ 1,567,500

5. IDFC Dynamic Equity Fund

The primary objective of the scheme is to seek to generate long term capital appreciation with relatively lower volatility through systematic allocation of funds into equity and equity related instruments; and for defensive purposes in equity derivatives. The secondary objective of the scheme will be to generate income and capital appreciation through investment in Debt & Money Market instruments.There is no assurance or guarantee that the objectives of the scheme will be realised.

IDFC Dynamic Equity Fund is a Hybrid - Dynamic Allocation fund was launched on 10 Oct 14. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 6.9% since its launch.  Return for 2019 was 8.6% , 2018 was 1.3% and 2017 was 17.3% .

Below is the key information for IDFC Dynamic Equity Fund

IDFC Dynamic Equity Fund
Growth
Launch Date 10 Oct 14
NAV (19 Oct 20) ₹14.92 ↑ 0.03   (0.20 %)
Net Assets (Cr) ₹1,018 on 30 Sep 20
Category Hybrid - Dynamic Allocation
AMC IDFC Asset Management Company Limited
Rating Not Rated
Risk Moderately High
Expense Ratio 2.36
Sharpe Ratio 0.24
Information Ratio 0
Alpha Ratio 0
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.

DateValue
30 Sep 15₹10,000
30 Sep 16₹10,620
30 Sep 17₹11,580
30 Sep 18₹12,202
30 Sep 19₹12,983
30 Sep 20₹14,012

IDFC Dynamic Equity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹357,992.
Net Profit of ₹57,992
Invest Now

Returns for IDFC Dynamic Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Oct 20

DurationReturns
1 Month 0.4%
3 Month 4.4%
6 Month 16.7%
1 Year 9.1%
3 Year 6.2%
5 Year 7%
10 Year
15 Year
Since launch 6.9%
Historical performance (Yearly) on absolute basis
YearReturns
2019 8.6%
2018 1.3%
2017 17.3%
2016 3.4%
2015 1.5%
2014
2013
2012
2011
2010
Fund Manager information for IDFC Dynamic Equity Fund
NameSinceTenure
Arpit Kapoor1 Mar 173.59 Yr.
Sumit Agrawal1 Mar 173.59 Yr.
Arvind Subramanian9 Nov 154.9 Yr.

Data below for IDFC Dynamic Equity Fund as on 30 Sep 20

Asset Allocation
Asset ClassValue
Cash42.46%
Equity40.18%
Debt17.36%
Equity Sector Allocation
SectorValue
Financial Services14.57%
Technology12.13%
Health Care10.15%
Energy6.37%
Consumer Defensive6.1%
Consumer Cyclical5.61%
Basic Materials4.44%
Industrials3.14%
Communication Services2.89%
Utility0.68%
Debt Sector Allocation
SectorValue
Cash Equivalent42.46%
Government9.38%
Corporate7.98%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Nifty 50 Index October 2020 Future
- | -
9%-₹89 Cr78,750
↑ 78,750
Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 14 | RELIANCE
6%₹65 Cr290,350
Infosys Ltd (Technology)
Equity, Since 31 Oct 14 | INFY
6%₹62 Cr613,400
182 DTB 03122020
Sovereign Bonds | -
5%₹50 Cr5,000,000
↑ 5,000,000
7.17% Govt Stock 2028
Sovereign Bonds | -
5%₹49 Cr4,600,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 14 | ICICIBANK
4%₹40 Cr1,125,375
↑ 196,625
Reliance Industries Limited
Debentures | -
4%₹40 Cr3,500,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 14 | HDFCBANK
4%₹37 Cr340,500
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 19 | BHARTIARTL
3%₹29 Cr700,000
LIC Housing Finance Limited
Debentures | -
3%₹26 Cr2,500,000

6. ICICI Prudential Balanced Advantage Fund

The fund objective is to seek low volatility returns by using arbitrage and other derivative strategies in equity markets and investments in short-term debt portfolio.The fund invests in equity with usage of derivatives.

ICICI Prudential Balanced Advantage Fund is a Hybrid - Dynamic Allocation fund was launched on 30 Dec 06. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 10.3% since its launch.  Ranked 18 in Dynamic Allocation category.  Return for 2019 was 10.8% , 2018 was 2.4% and 2017 was 19% .

Below is the key information for ICICI Prudential Balanced Advantage Fund

ICICI Prudential Balanced Advantage Fund
Growth
Launch Date 30 Dec 06
NAV (19 Oct 20) ₹38.64 ↑ 0.24   (0.63 %)
Net Assets (Cr) ₹26,175 on 30 Sep 20
Category Hybrid - Dynamic Allocation
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 1.71
Sharpe Ratio 0.06
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 100
Exit Load 0-18 Months (1%),18 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Sep 15₹10,000
30 Sep 16₹11,085
30 Sep 17₹12,337
30 Sep 18₹12,908
30 Sep 19₹14,087
30 Sep 20₹14,604

ICICI Prudential Balanced Advantage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹367,070.
Net Profit of ₹67,070
Invest Now

Returns for ICICI Prudential Balanced Advantage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Oct 20

DurationReturns
1 Month 0.7%
3 Month 5.8%
6 Month 17.9%
1 Year 4.8%
3 Year 6.1%
5 Year 7.9%
10 Year
15 Year
Since launch 10.3%
Historical performance (Yearly) on absolute basis
YearReturns
2019 10.8%
2018 2.4%
2017 19%
2016 7.3%
2015 6.7%
2014 29%
2013 10.9%
2012 33.3%
2011 -8.8%
2010 15.2%
Fund Manager information for ICICI Prudential Balanced Advantage Fund
NameSinceTenure
Sankaran Naren14 Jul 173.22 Yr.
Rajat Chandak7 Sep 155.07 Yr.
Manish Banthia18 Nov 0910.87 Yr.
Ihab Dalwai29 Jan 182.67 Yr.
Priyanka Khandelwal15 Jun 173.3 Yr.

Data below for ICICI Prudential Balanced Advantage Fund as on 30 Sep 20

Asset Allocation
Asset ClassValue
Cash11.37%
Equity61.66%
Debt26.98%
Equity Sector Allocation
SectorValue
Financial Services17.98%
Consumer Cyclical9.45%
Energy8.55%
Technology7.76%
Consumer Defensive6.9%
Communication Services4%
Health Care3.94%
Basic Materials3.32%
Utility2.82%
Industrials2.14%
Real Estate0.44%
Debt Sector Allocation
SectorValue
Corporate19.36%
Cash Equivalent11.37%
Government7.62%
Credit Quality
RatingValue
A5.74%
AA58.27%
AAA35.98%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 08 | RELIANCE
7%₹1,901 Cr8,506,058
↑ 699,930
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | HDFCBANK
4%₹1,119 Cr10,373,114
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 12 | ICICIBANK
4%₹1,108 Cr31,235,759
↑ 1,501,732
Infosys Ltd (Technology)
Equity, Since 31 Dec 08 | INFY
4%₹1,098 Cr10,890,625
↑ 1,397,473
5.77% GOI 2030
Sovereign Bonds | -
4%₹972 Cr99,000,000
Axis Bank Limited
Debentures | -
3%₹699 Cr6,900
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 15 | BHARTIARTL
3%₹662 Cr15,737,686
↑ 800,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Aug 16 | HDFC
3%₹661 Cr3,801,163
↑ 664,200
Motherson Sumi Systems Ltd (Consumer Cyclical)
Equity, Since 31 Jul 11 | MOTHERSUMI
2%₹624 Cr54,294,753
↑ 1,049,318
NTPC Ltd (Utilities)
Equity, Since 31 Aug 14 | 532555
2%₹575 Cr67,567,854

7. Mirae Asset Hybrid Equity Fund

(Erstwhile Mirae Asset Prudence Fund)

The investment objective of the Scheme is to generate capital appreciation along with current income from a combined portfolio of predominantly investing in equity & equity related instruments and balance in debt and money market instruments. The Scheme does not guarantee or assure any returns.

Mirae Asset Hybrid Equity Fund is a Hybrid - Hybrid Equity fund was launched on 29 Jul 15. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 9.1% since its launch.  Return for 2019 was 11.9% , 2018 was 1.3% and 2017 was 27.8% .

Below is the key information for Mirae Asset Hybrid Equity Fund

Mirae Asset Hybrid Equity Fund
Growth
Launch Date 29 Jul 15
NAV (19 Oct 20) ₹15.77 ↑ 0.13   (0.81 %)
Net Assets (Cr) ₹3,735 on 30 Sep 20
Category Hybrid - Hybrid Equity
AMC Mirae Asset Global Inv (India) Pvt. Ltd
Rating Not Rated
Risk Moderately High
Expense Ratio 1.81
Sharpe Ratio 0.05
Information Ratio -0.53
Alpha Ratio -2.57
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.

DateValue
30 Sep 15₹10,000
30 Sep 16₹11,340
30 Sep 17₹13,261
30 Sep 18₹14,036
30 Sep 19₹15,120
30 Sep 20₹15,618

Mirae Asset Hybrid Equity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹385,859.
Net Profit of ₹85,859
Invest Now

Returns for Mirae Asset Hybrid Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Oct 20

DurationReturns
1 Month 1.4%
3 Month 6%
6 Month 18.9%
1 Year 6%
3 Year 5.8%
5 Year 9.4%
10 Year
15 Year
Since launch 9.1%
Historical performance (Yearly) on absolute basis
YearReturns
2019 11.9%
2018 1.3%
2017 27.8%
2016 8.5%
2015
2014
2013
2012
2011
2010
Fund Manager information for Mirae Asset Hybrid Equity Fund
NameSinceTenure
Mahendra Jajoo8 Sep 164.06 Yr.
Neelesh Surana29 Jul 155.18 Yr.
Vrijesh Kasera1 Apr 200.5 Yr.
Harshad Borawake1 Apr 200.5 Yr.

Data below for Mirae Asset Hybrid Equity Fund as on 30 Sep 20

Asset Allocation
Asset ClassValue
Cash10.18%
Equity76.44%
Debt13.38%
Equity Sector Allocation
SectorValue
Financial Services25.24%
Energy11.22%
Technology9.38%
Consumer Defensive7.25%
Health Care5.83%
Industrials5.52%
Consumer Cyclical4.84%
Utility2.6%
Communication Services1.93%
Basic Materials1.34%
Real Estate0.91%
Debt Sector Allocation
SectorValue
Government10.32%
Cash Equivalent10.18%
Corporate3.07%
Credit Quality
RatingValue
AA14%
AAA86%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 15 | RELIANCE
8%₹311 Cr1,393,955
↑ 10,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | HDFCBANK
6%₹237 Cr2,193,078
↑ 26,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
5%₹174 Cr1,725,407
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | ICICIBANK
4%₹161 Cr4,535,432
↑ 455,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 15 | TCS
4%₹153 Cr615,311
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | 532215
3%₹123 Cr2,906,358
↑ 255,000
6.18% Govt Stock 2024
Sovereign Bonds | -
3%₹103 Cr10,000,000
State Bank of India (Financial Services)
Equity, Since 31 Jul 15 | SBIN
3%₹95 Cr5,108,236
5.77% GOI 2030
Sovereign Bonds | -
2%₹93 Cr9,500,000
↑ 3,500,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jul 15 | LT
2%₹93 Cr1,031,029

8. DSP BlackRock Dynamic Asset Allocation Fund

The investment objective of the Scheme is to seek capital appreciation by managing the asset allocation between specified equity mutual fund schemes and debt mutual fund schemes of DSP BlackRock Mutual Fund. The Scheme will dynamically manage the asset allocation between the specified equity mutual funds schemes and debt mutual funds schemes of DSP BlackRock Mutual Fund based on the relative valuation of equity and debt markets. The Scheme may also invest a certain portion of its corpus in money market securities and/ or money market/liquid schemes of DSP BlackRock Mutual Fund, in order to meet liquidity requirements from time to time.

DSP BlackRock Dynamic Asset Allocation Fund is a Hybrid - Dynamic Allocation fund was launched on 6 Feb 14. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.2% since its launch.  Return for 2019 was 8.8% , 2018 was 3.6% and 2017 was 12.5% .

Below is the key information for DSP BlackRock Dynamic Asset Allocation Fund

DSP BlackRock Dynamic Asset Allocation Fund
Growth
Launch Date 6 Feb 14
NAV (19 Oct 20) ₹16.904 ↑ 0.07   (0.42 %)
Net Assets (Cr) ₹1,633 on 30 Sep 20
Category Hybrid - Dynamic Allocation
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderate
Expense Ratio 2.3
Sharpe Ratio 0.08
Information Ratio -0.34
Alpha Ratio -15.29
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.

DateValue
30 Sep 15₹10,000
30 Sep 16₹11,150
30 Sep 17₹11,980
30 Sep 18₹12,296
30 Sep 19₹13,436
30 Sep 20₹14,082

DSP BlackRock Dynamic Asset Allocation Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹367,070.
Net Profit of ₹67,070
Invest Now

Returns for DSP BlackRock Dynamic Asset Allocation Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Oct 20

DurationReturns
1 Month 1%
3 Month 3.6%
6 Month 11.8%
1 Year 6.1%
3 Year 5.8%
5 Year 7.2%
10 Year
15 Year
Since launch 8.2%
Historical performance (Yearly) on absolute basis
YearReturns
2019 8.8%
2018 3.6%
2017 12.5%
2016 7.7%
2015 4.5%
2014
2013
2012
2011
2010
Fund Manager information for DSP BlackRock Dynamic Asset Allocation Fund
NameSinceTenure
Atul Bhole15 Feb 182.63 Yr.
Saurabh Bhatia15 Feb 182.63 Yr.

Data below for DSP BlackRock Dynamic Asset Allocation Fund as on 30 Sep 20

Asset Allocation
Asset ClassValue
Cash24.32%
Equity49.42%
Debt26.25%
Equity Sector Allocation
SectorValue
Financial Services24%
Basic Materials8.16%
Technology6.1%
Health Care5.86%
Consumer Cyclical5.34%
Communication Services4.7%
Consumer Defensive4.08%
Industrials3.47%
Energy2.45%
Utility1.63%
Debt Sector Allocation
SectorValue
Cash Equivalent24.32%
Government15.44%
Corporate10.81%
Credit Quality
RatingValue
AA15%
AAA85%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 28 Feb 18 | ICICIBANK
6%₹95 Cr2,686,989
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 19 | BHARTIARTL
4%₹70 Cr1,653,072
↑ 853,904
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 18 | HDFCBANK
4%₹60 Cr560,736
Indian Railway Finance Corporation Limited
Debentures | -
3%₹54 Cr500
ICICI Bank Limited
Debentures | -
3%₹54 Cr500
Housing Development Finance Corporation Limited
Debentures | -
3%₹53 Cr500
Infosys Ltd (Technology)
Equity, Since 30 Jun 20 | INFY
3%₹52 Cr519,065
↑ 35,885
Future on IndusInd Bank Ltd
Derivatives | -
3%-₹49 Cr918,400
IndusInd Bank Ltd (Financial Services)
Equity, Since 30 Jun 20 | INDUSINDBK
3%₹48 Cr918,400
Tata Consultancy Services Ltd (Technology)
Equity, Since 28 Feb 18 | TCS
3%₹44 Cr175,380

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).

How to Invest in Balanced Funds Online?

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Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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