Hybrid Funds Rated No 1 By Crisil To Begin An SIP

Buy 2 Top-Ranked Corporate Bond Funds Good Long-Term Returns
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Hybrid Funds Rated No 1 By Crisil To Begin An SIP

Kotak Equity Hybrid

NAV – growth Crisil rating SIP amount
Rs 41.28 No 1 Minimum Rs 1000

Kotak Equity Fund is a hybrid fund that allows the manager to switch between asset classes. The fund has generated a 3-year return of 21.22% on an annualized basis, while the 5-year returns have been 14.45%. About 75.8% of the funds are invested in equities, while the remaining is invested in debt and cash and cash equivalents.

For long-term investors who wish to start a SIP, the minimum sum that is required would be Rs 1,000. The net asset value under the growth plans is currently Rs 41.28. The fund’s portfolio includes stocks like ICICI Bank, Infosys, and HDFC Bank.

PGIM India Hybrid Equity Fund

NAV – growth Crisil rating SIP amount
Rs 99.06 No 1 Minimum Rs 1000

This fund has also been rated as No 1 by Crisil. The one advantage for investors to start a SIP here is that the fund being a hybrid fund, the fund manager has the flexibility to move money to debt, given where the stock markets currently are.

PGIM India Hybrid Equity Fund is very small in the sense that the assets under management are slightly above Rs 200 crores. The expense ratio is high at 2.46%.

PGIM India Hybrid Equity Fund has holdings in stocks like Reliance Industries, HDFC Bank, Bharti Airtel, etc. For those who are willing to buy stocks for the long term, this is a good bet.

BOI AXA Mid & Small Cap Equity & Debt Fund

This is an aggressive hybrid fund that invests 65-80 percent of your money in equity shares and the rest in bonds. Their returns are slightly lower than those of pure equity funds, but, they tend to balance risks much better than pure equity funds. The fund has given returns of 54% in 1-year and 26.15% on an annualized basis in1-year.

Again, this is a good fund to invest in through SIPs only, given that the stock markets have become horribly expensive. Investing through SIP will allow you to hedge the risks. The fund has investments in Government of India securities on the debit side and on the equity side in stocks like Minda, APL, Persistent Systems, etc.

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