Best Hybrid Funds 2017-18

1. Principal Hybrid Equity Fund

Principal Hybrid Equity fund has been the best performing balanced fund in the last 3 years.
The fund invests in companies that the manager believes are undervalued. It buys stocks with a
long term investment perspective. The fund has outperformed its category by 6% in 1, 3 and 5-
year returns. The fund gave 11.6% p.a. returns since its inception in 2000. A SIP of Rs.5,000
p.m. in this fund started 5 years ago is worth Rs.4.61 lakh now.
2. Reliance Equity Hybrid Fund

Reliance Equity Hybrid Fund aims to maintain a large-cap portfolio with tactical exposure to
emerging leaders. It focuses on generating high accrual income through investments in high
quality debt instruments with moderate duration. The fund has outperformed its category by 2-6
percentage points in the 1, 3 and 5-year returns. The fund has given 13.9% p.a. returns since its
inception in 2005. A SIP of Rs. 5,000 p.m. in this fund started 5 years ago is worth Rs. 4.40 lakh
now.
3. L&T Hybrid Equity Fund

L&T Hybrid Equity Fund was earlier known as L&T India Prudence Fund. The fund is managed
by L&T Mutual Fund CIO S.N. Lahiri with others. The fund has gathered assets of over
10,000 crores in just 7 years from launch showcasing its popularity. The equity portfolio is
dominated by large cap stocks. On the debt side, It maintains a high credit quality portfolio
without aggressive duration calls. The fund has outperformed its category by 3%-7% and its
benchmark by 1% – 4% in 3 and 5-year returns. The fund gave 13.97% (annualized) return since
its inception in 2011. A SIP of Rs. 5,000 p.m. in this fund started 5 years ago is worth Rs. 4.41
lakh now.
4. SBI Equity Hybrid Fund

Earlier known as SBI Magnum Balanced fund, SBI Equity Hybrid Fund is a popular fund
with assets over 20,000 crores. It maintains a steady state 75-25 equity-debt mix. The fund
manager invests a part of assets in mid cap stocks to boost returns. In the debt portion, the fund
invests both in G-secs and corporate bonds for higher accrual income. The fund has
outperformed its category by 2% – 6% in the 1, 3 and 5-year returns. The fund gave 16.07%
(annualized) return since its inception in 2005. A SIP of Rs. 5,000 p.m. in this fund started 5
years ago is worth Rs. 4.35 lakh now.
5. ICICI Prudential Equity & Debt Fund

With assets of 27,000 crore, ICICI Prudential Equity is the second largest equity oriented
mutual fund in India. Earlier known as ICICI Prudential Balanced Fund, it is managed by
ICICI Pru CIO S. Naren with others. The fund follows a rather conservative investment
strategy in both equity and debt. On equity side, the fund predominantly invests in large cap
stocks following value investing style. The fund is very conservative about taking on credit risks.
Hence, the fund maintains a low profile with debt portion. ICICI Pru Equity and Debt fund has
outperformed its category by 1% – 6% in 1, 3 and 5-year returns. The fund gave 14.59% p.a.
returns since its inception in 1999. A SIP of Rs. 5,000 p.m. in this fund started 5 years ago is
worth Rs. 4.37 lakh now.
References

 https://www.upwardly.in/mutual-fund/3824
 https://www.upwardly.in/mutual-fund/2782
 https://www.upwardly.in/mutual-fund/4208
 https://www.upwardly.in/mutual-fund/3045
 https://www.upwardly.in/mutual-fund/icici-prudential-equity-debt-fund-growth-3551
 http://www.moneycontrol.com/mutual-funds/best-funds/hybrid.html