The highest hybrid mutual fund with the highest sip return: Fund 1 investment of Rs 20,000 per month has grown to Rs 2068 crore.
Investors can use hybrid mutual funds to invest their funds into the stock market, as these funds provide a lot of diversification. It offers a wide range of investment portfolios such as bonds, stocks and other assets. Let’s explore the highest hybrid mutual fund with the highest returns in 5 years. In just five years, investment in the first fund of Rs 20,000 per month has jumped to Rs 20.68 lakh.
ICICI Prudential Equity and Debt Fund
In 5 years, the annual salary of the ICICI Prudential Hybrid Active Fund is 21.49%. Its assets under management (AUM) were Rs 445,52 crore and its net asset value (NAV) was Rs 435.07 as of July 30. Since its launch in January 2013, the fund has grown by 17.59% annually.
The fund has a fee ratio of 0.96%, with a minimum SIP investment of Rs 500 and a minimum one-time investment of Rs 5,000. The fund’s monthly investment is 20,000, which has grown to Rs 20,68,000.
Indian Bank of China and Small Stocks and Debt Funds
Indian Bank of India’s mixed aggressive mutual fund provides 20.43% annual returns over 5 years. As of July 30, its capital scale was Rs 12,500 crore and its unit price was Rs 41.74. Since its launch in June 2016, it has grown at 17% annually.
The minimum investment requirement for the fund is 0.86%, the minimum investment requirement for SIPS is Rs 1,000 and the one-time total is Rs 5,000. In 5 years, investment of Rs 20,000 per month has grown to Rs 20,43,000.
JM’s Active Hybrid Fund
In 5 years, JM’s active hybrid fund’s annual salary is 20.19%. Its assets under management (AUM) are Rs 86.2 crore, while its net asset value (NAV) is Rs 137.58. Since its launch in January 2013, the fund has a benchmark of 14.26% against the aggressive Crisil Hybrid 35+65.
The fund has a fee ratio of 0.54%, with a minimum SIP investment of Rs 500 and a minimum one-time investment of Rs 5,000. The fund’s monthly investment is 20,000, which has grown to Rs 20,19,000.
Also read: SIP Calculation: Investment of Rs 20,000 per month, how quickly can you generate a corpus of Rs 15 crore? See Calculation
