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Hybrid Mutual Funds

3 Year Average Returns

10.54%profit

Funds on Dhan

204


Hybrid Funds are a type of Mutual Fund that invest in a mix of asset classes such as equity, debt, gold, etc. These Funds aim to provide a balanced portfolio that can offer both growth and stability. While these are the best Hybrid Mutual Funds to invest in, you must know these 3 things before you start investing. ...Read More

Best Hybrid Funds to Invest in 2026

Note: 3Y & 5Y returns are annualised. Rest everything is absolute.

Scheme
AUM (in Cr.)
Fund Age
1W
1M
3M
6M
1Y
3Y sort
5Y
₹ 6,35613 Yrs-0.02%0.37%0.59%4.79%21.33%23.45%20.90%
₹ 16,9266 Yrs-0.06%3.24%3.54%3.93%18.09%20.63%16.45%
₹ 72911 Yrs-3.92%-8.92%-8.45%-10.20%12.97%20.56%23.57%
₹ 72911 Yrs-3.92%-8.92%-8.45%-10.20%12.97%20.56%23.57%
₹ 1,84110 Yrs0.29%3.33%5.83%13.46%16.48%18.89%16.12%
₹ 8,1873 Yrs0.04%2.40%4.53%5.15%15.44%17.70%0.00%
₹ 7,2793 Yrs0.08%2.73%3.71%3.54%17.77%17.67%0.00%
₹ 6,99813 Yrs0.23%2.16%2.48%1.72%9.51%17.47%14.40%
₹ 1,4643 Yrs-0.16%3.07%2.13%2.09%12.71%16.51%0.00%
₹ 20,76813 Yrs0.02%1.53%1.38%0.81%15.07%16.46%14.38%
₹ 86,78513 Yrs-0.13%1.72%2.19%0.38%8.81%16.18%17.69%
₹ 8803 Yrs1.19%0.69%-0.94%3.13%2.89%16.02%0.00%
₹ 2,4109 Yrs-0.10%2.70%5.59%6.34%10.68%15.82%12.76%
₹ 2,50013 Yrs-0.11%3.21%4.24%1.56%15.03%15.54%10.51%
₹ 2,17513 Yrs0.97%0.12%0.86%10.55%14.17%15.29%14.27%
₹ 52,43313 Yrs-0.42%0.54%2.21%0.32%3.82%15.02%16.31%
₹ 3,90713 Yrs0.06%2.05%3.58%3.92%5.90%14.99%14.64%
₹ 5,2346 Yrs0.04%1.71%2.06%2.41%11.10%14.94%13.58%
₹ 5,69113 Yrs0.52%4.03%5.88%8.48%9.69%14.93%12.04%
₹ 70412 Yrs0.40%4.28%6.96%6.08%4.61%14.87%14.71%
₹ 70413 Yrs0.40%4.28%6.96%6.08%4.61%14.87%14.71%
₹ 9,20511 Yrs0.39%2.19%4.39%4.58%8.09%14.43%13.47%
₹ 88,03613 Yrs0.75%1.78%2.77%5.66%8.18%14.02%11.34%
₹ 1,32613 Yrs0.10%1.01%2.71%6.52%10.06%13.86%11.58%
₹ 5,1667 Yrs0.28%2.41%2.89%5.05%10.18%13.82%12.35%
₹ 2,6347 Yrs0.09%1.80%3.53%0.49%1.85%13.62%12.94%
₹ 1168 Yrs-0.11%2.78%7.42%9.43%11.23%13.48%12.44%
₹ 5,98013 Yrs0.05%2.12%2.67%-0.27%7.25%13.31%11.86%
₹ 1,07,76613 Yrs-0.22%0.83%2.74%-0.23%3.16%13.14%15.78%
₹ 2,2653 Yrs-0.14%2.18%5.59%5.20%6.53%13.05%0.00%
₹ 9,80413 Yrs-0.08%2.07%5.03%5.73%9.46%13.01%11.13%
₹ 3,8599 Yrs-0.37%0.95%3.09%1.58%5.17%12.96%10.36%
₹ 74,55513 Yrs-0.24%2.28%5.27%3.98%7.85%12.81%11.73%
₹ 1,2529 Yrs-0.15%1.96%2.62%2.18%4.61%12.77%11.58%
₹ 9174 Yrs0.18%1.98%4.82%4.39%7.48%12.45%0.00%
₹ 54013 Yrs-0.04%3.93%5.69%4.94%6.46%12.42%9.87%
₹ 9,53611 Yrs0.03%1.83%3.20%1.63%6.95%12.42%11.08%
₹ 7878 Yrs0.10%0.94%3.45%0.30%-3.02%12.39%10.73%
₹ 4,07313 Yrs-0.45%1.65%3.41%2.00%4.87%12.37%12.26%
₹ 11,37113 Yrs-0.36%1.57%3.59%2.33%5.16%12.37%10.60%
₹ 6,76013 Yrs-0.72%0.47%2.55%-0.32%3.06%12.19%12.20%
₹ 9,89813 Yrs0.03%1.50%3.97%3.43%6.61%12.14%10.54%
₹ 7625 Yrs-0.30%1.73%5.37%3.67%5.92%12.04%10.24%
₹ 13,29313 Yrs0.19%2.50%3.82%3.89%8.10%11.92%10.45%
₹ 1,530--0.01%1.63%3.73%5.60%8.93%11.80%10.06%
₹ 1,53011 Yrs-0.01%1.63%3.74%5.60%8.94%11.80%10.06%
₹ 3,78012 Yrs-0.02%1.11%3.22%3.01%6.80%11.54%9.39%
₹ 2,36413 Yrs-0.42%0.97%2.88%0.59%1.30%11.52%10.73%
₹ 7,21013 Yrs-0.12%1.99%5.12%2.65%4.27%11.52%9.40%
₹ 2,8343 Yrs-0.34%1.33%3.24%1.94%3.38%11.27%0.00%

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Disclaimer: Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.

About Hybrid Funds

Hybrid Funds are mutual fund schemes that invest in a combination of equity and debt instruments, and sometimes other asset classes like gold. These funds aim to provide investors with the best of both worlds – growth potential from equities and stability from debt. The fund manager dynamically allocates assets based on market conditions and the fund's investment mandate.
  1. They invest across multiple asset classes, providing built-in diversification in a single fund.
  2. Different types of hybrid funds have different equity-debt ratios, catering to various risk appetites.
  3. They offer a balanced approach, reducing the overall portfolio volatility compared to pure equity funds.
  4. Professional fund managers handle the asset allocation and rebalancing, saving investors the effort.
Hybrid Funds are suitable for investors who want exposure to equities for growth but also desire some stability through debt allocation.
Hybrid Funds offer several key advantages:
  1. Built-in diversification across asset classes reduces risk compared to investing in a single asset class.
  2. Professional fund managers handle asset allocation decisions, optimizing the mix based on market conditions.
  3. They offer a middle ground between the high-return potential of equity and the stability of debt.
  4. Automatic rebalancing ensures your portfolio stays aligned with the intended risk profile.
  5. Suitable for first-time investors who want equity exposure but are wary of pure equity fund volatility.
These benefits make Hybrid Funds an excellent starting point for investors building a balanced portfolio.
Consider these factors before investing in Hybrid Funds:
  1. They are suitable if you want moderate risk with balanced returns – not as volatile as pure equity, not as conservative as pure debt.
  2. Ideal for medium-term goals (3-5 years) where you need growth but cannot afford high volatility.
  3. Different sub-categories offer different risk levels – aggressive hybrid funds lean towards equity, while conservative ones lean towards debt.
  4. Tax treatment depends on the equity allocation – funds with 65%+ equity allocation are taxed as equity funds.
Hybrid Funds are a good choice for investors seeking a balanced approach without having to manage multiple funds themselves.
Hybrid Funds cater to a broad range of investors:
  1. First-time investors who want exposure to equities but are uncomfortable with full equity volatility.
  2. Investors approaching retirement who want to gradually shift from aggressive to moderate risk.
  3. Those with medium-term goals (3-5 years) who want better returns than FDs but lower risk than pure equity.
  4. Busy professionals who prefer a single fund solution with automatic asset allocation.
Choose the sub-type that matches your risk tolerance – aggressive for higher equity exposure, conservative for higher debt exposure.

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FAQs

Hybrid Funds combine investments in both stocks and bonds, offering a balanced approach. By diversifying across these asset classes, they aim to reduce the risk of volatility while still providing the opportunity for growth through equities and stability through debt investments.

These funds are typically invested in a mix of equity (stocks) and fixed-income securities (bonds, debentures, government securities). The proportion varies depending on the fund's strategy, with some funds leaning more towards equities for growth and others towards fixed income for stability.

Hybrid Funds can give profit through capital appreciation from their equity investments and interest income from their debt holdings. While they aim to offer a balanced return, the actual profit depends on market conditions, the fund's asset allocation, and the fund manager's strategy.

No, Hybrid Funds are not tax-free. The taxation of returns from these funds depends on their equity exposure. Funds with higher equity allocation are taxed as equity funds, while those with higher debt allocation follow the taxation rules applicable to debt funds.

Choosing the best Hybrid Fund involves considering your financial goals, risk tolerance, and the fund's performance history. Look at the fund's asset allocation, past returns, expense ratio, and the fund manager's experience.

Generally, Hybrid Funds do not have a lock-in period. You can enter and exit the investment as per your financial needs and market outlook.



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