Synopsis – This list highlights top Aggressive Hybrid Mutual Funds that have delivered impressive returns, making them a strong choice for investors seeking balanced yet high-growth potential.
Hybrid investment funds invest in equity (stocks or equities) and debt (bonds) to provide a balance of risk and reward. Hybrid funds have gained popularity recently, as they provide a combination of equity returns and debt stability during general market volatility. A 5-year performance review demonstrates resilience and medium-term wealth building for investors today.
Top 10 Aggressive Hybrid Mutual Funds
1. ICICI Prudential Equity & Debt Fund
- 5-year return: 25.27%
- Fund size: ₹48,071.30 Cr
- Expense ratio: 0.93%
- Holding analysis: Equity ( 73.9%), Debt (17.1%), Cash(6.7%), Real estate(2.2%).
- Key strengths: Balanced equity–debt mix, strong risk management, stable growth style
- Noteworthy observations: Consistent long-term performance; lower volatility compared to pure equity funds
2. Bank of India Mid & Small Cap Equity & Debt Fund
- 5-year return: 22.47%
- Fund size: ₹1,326.16 Cr
- Expense ratio: 0.77%
- Holding analysis: Equity ( 75.7%), Debt (21.7%), Cash(2.6%).
- Key strengths: Higher small-cap exposure, potential for faster growth
- Noteworthy observations: Slightly higher volatility; performance driven by small-cap cycles
3. Quant Aggressive Hybrid Fund
- 5-year return: 22.30%
- Fund size: ₹2,128.84 Cr
- Expense ratio: 0.78%
- Holding analysis: Equity ( 74.7%), Debt (22.0%), Cash(1.5%), Real estate(1.8%).
- Key strengths: Dynamic allocation, fast decision-making style, momentum-driven equity picks
- Noteworthy observations: Higher volatility; strong returns in trending markets
4. Mahindra Manulife Aggressive Hybrid Fund
- 5-year return: 20.81%
- Fund size: ₹1,969.84 Cr
- Expense ratio: 0.45%
- Holding analysis: Equity ( 73.4%), Debt (22.1%), Cash(3.6%), Real estate(0.9%).
- Key strengths: Steady allocation, disciplined stock selection, stable management
- Noteworthy observations: Smooth performance curve, relatively lower downside risk
5. JM Aggressive Hybrid Fund
- 5-year return: 20.54%
- Fund size: ₹815.80 Cr
- Expense ratio: 0.67%
- Holding analysis: Equity ( 77.8%), Debt (21.3%), Cash(0.9%).
- Key strengths: Moderate equity tilt with controlled risk
- Noteworthy observations: Some inconsistency in short-term performance cycles
Also read: Top 10 Mutual Funds With the Highest Expense Ratios in 2025
6. Edelweiss Aggressive Hybrid Fund
- 5-year return: 20.51%
- Fund size: ₹3,316.79 Cr
- Expense ratio: 0.38%
- Holding analysis: Equity ( 77.8%), Debt (23.3%), Cash(1.1%).
- Key strengths: Strong equity selection, smart risk balancing
- Noteworthy observations: Stable performance across market phases
7. UTI Aggressive Hybrid Fund
- 5-year return: 19.30%
- Fund size: ₹6,595.50Cr
- Expense ratio: 1.23%
- Holding analysis: Equity ( 69.4%), Debt (26.1%), Cash(1.0%), Real estate(3.5%).
- Key strengths: Reliable management team; diversified allocation
- Noteworthy observations: Lower volatility than peers, strong consistency
Also read: Top 5 Small Cap Mutual Funds Delivering Up to 19.3% Returns in Last 6 Months
8. Kotak Aggressive Hybrid Fund
- 5-year return: 18.89%
- Fund size: ₹8,402.00Cr
- Expense ratio: 0.47%
- Holding analysis: Equity ( 78.2%), Debt (18.4%), Cash(3.1%), Real estate(0.3%).
- Key strengths: Long-term focus, strong risk controls
- Noteworthy observations: Some short-term dips but solid long-term trend
9. Nippon India Aggressive Hybrid Fund
- 5-year return: 18.64%
- Fund size: ₹4,081.01Cr
- Expense ratio: 1.08%
- Holding analysis: Equity ( 71.7%), Debt (19.8%), Cash(3.7%), Real estate(4.7%).
- Key strengths: High equity participation, tactical opportunities
- Noteworthy observations: Slightly higher volatility; improved recent consistency
10. Bandhan Aggressive Hybrid Fund
- 5-year return: 18.47%
- Fund size: ₹1,365.21 Cr
- Expense ratio: 0.73%
- Holding analysis: Equity ( 77.8%), Debt (19.9%), Cash(2.4%).
- Key strengths: Strong long-term allocation strategy
- Noteworthy observations: Good uptrend performance; moderate volatility
Conclusion
Aggressive hybrid funds are an effective equity-based asset class with moderate risk and growth potential, and a meaningful part of the broader opportunity set. As long as the fund is selected properly and fits into the investor’s risk tolerance profile (along with other factors), they can be a good source of wealth building in the medium-term.
Written By Rachna Rajput
