Even by investing through SIP every month, many times the expected return cannot be obtained. In that case, if you do not invest in a good mutual fund, then instead of profit, you may also lose in the short term. So here are the names of some hybrid funds that have doubled in a short time.
How to choose
Before investing in mutual funds, investors check the past returns. Along with this, investors choose funds by comparing them with similar schemes in the same category. Mutual fund schemes that tend to give high returns for several consecutive years are considered more profitable than those that fail to give high returns.
If you give 1 lakh, you would get 2.10 lakh
Market experts have found some information by examining the past returns of some aggressive hybrid mutual funds. Which have given more than 16 percent annual returns in the last five years. Accordingly, if an investor had decided to invest Rs 1 lakh in one of those schemes five years ago, it would have increased to Rs 2.10 lakh, i.e. more than double.
Who are Aggressive Hybrid Mutual Funds for?
Aggressive hybrid mutual funds are considered for high-risk investors. Because their equity allocation is between 65 and 80 percent, the remaining assets are invested in debt.
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What is a Balanced Hybrid Mutual Fund?
In balanced hybrid mutual funds, the allocation to equity is between 40 and 60 percent, whereas in defensive hybrid funds, the allocation to equity is 10 to 25 percent of the total assets.
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Which fund gave how much more?
Quant Absolute Fund gave the highest return of 23.90 percent in this case. Bank of India, where Kotak Equity Hybrid Fund has given the lowest return of 16 percent (among the top-performing schemes) in the last five years. There is also Bank of India Mid & Small Cap Equity & Debt Fund. Which has given a return of 20.06 percent in the last five years.
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This means that if a retail investor had invested Rs 1 lakh in Quant Absolute Fund five years ago, it would have grown to Rs 2.91 lakh by now. If someone had invested the same amount in Kotak Equity Hybrid Fund, it would have grown to Rs 2.10 lakh.
(Note: The information provided here is for informational purposes only. It is important to mention here that investing in the market is risky. As an investor, always consult an expert before investing money. Timesbull.com never advises anyone to invest money here. This share market related news is provided here for educational purposes only. We do not make calls or tips about any shares.)
Avijit
A digital media professional with 4 years of experience, skilled in online content creation, media and information work, his goal is to regularly bring updates on government projects, scholarships and jobs to his readers.
