Hybrid Fund: Returns more than FD every year, has 4-star rating
Edelweiss Aggressive Hybrid Fund
Edelweiss Aggressive Hybrid Fund is an open-ended aggressive hybrid fund by Edelweiss Mutual Fund. It is a 13-year-old highly risky hybrid fund that was launched on 12 August 2009. The Asset Under Management (AUM) of the fund’s Direct Plan Growth Option is Rs 237.53 crore. The fund has an expense ratio of 0.51 percent, which is almost half of its category average ratio of 0.96 percent.
4 star rating
It has been rated 3-Star by Value Research and 4-Star by CRISIL. It has given above-average returns among similar funds. The fund has also outperformed its benchmark over the last 10 years. The fund has performed well on SIP investments as well. You can start investing as low as Rs 5,000 with a lumpsum payment and Rs 500 for SIP investment. The minimum required amount for additional investment is also Rs 500.
how much will it charge
The fund levies a 1% charge for redeeming more than 10% of the investment units within 365 days of investment. There is no lock-in period applicable to this fund. The fund has given positive returns to the investors. It has given an annualized return of 4.02 percent on SIP in 1 year. It has given 15.06 percent per annum in 2 years, 17.16 percent per annum in 3 years, and 13.44 percent per annum in 5 years. The 10-year annualized return has been 12.10 percent.
Return on Lumpsum Amount
The fund has given investors a 7.87 percent return on the lumpsum amount in 1 year. It has given 23.19 percent per annum in 2 years, 15.38 percent per annum in 3 years, and 10.39 percent per annum in 5 years. The 10-year annualized return has been 11.94 percent. It has given 10.92 percent annualized returns since its inception, which is much better than FDs.
It is a hybrid fund with a holding of 64.46% in equity instruments and 14.85% in debt instruments. It has 47% exposure in large-cap stocks, followed by 5.14% in mid-caps and 5.29% in small-cap stocks. Government securities have 6.41% in debt and 8.44% in low-risk securities. The fund has predominantly invested in the financial sector in equities. This is followed by energy, consumer staples, healthcare, automobile, communication, services, construction, metals and mining, chemicals, insurance, and materials.