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This Top-Rated Hybrid Fund Delivered 17.16% Annualised Returns In 3 Years SIP, SIP Starts At Rs 500
Hybrid funds are mutual funds that invest in more than one asset class. They usually mix equities and debt, but they can also invest in gold and real estate. Hybrid funds' risk tolerance levels range from cautious to aggressive. They are an excellent starting point for new stock investors seeking to accumulate wealth for long-term purposes.
In this article, we have highlighted one such scheme, the aggressive hybrid fund. The name of the fund is Edelweiss Aggressive Hybrid Fund (Direct Plan). It has given good returns over the last 10 years, outperformed the benchmark.
Edelweiss Aggressive Hybrid Fund
Edelweiss Aggressive Hybrid Fund is an Open-ended Aggressive Hybrid Fund by Edelweiss Mutual Fund. It is 13 years old highly risky Hybrid fund launched on August 12, 2009.
Under the Direct Plan Growth Option of the fund, its size of assets under management (AUM) is Rs 237.53 crore. The expense ratio of the fund is 0.51%, which is almost half of its category average ratio of 0.96%. Its Net Asset Value (NAV) declared on 29th July 2022 is Rs. 41.85. Its benchmark is the CRISIL Hybrid 35+65 Aggressive Index.
It has been rated 3-star by Value Research and 4-star by CRISIL. The fund outperformed the benchmark over the last 10 years, given above-average performance among peer funds. On SIP investments, the fund has also performed well and delivered more than 20% annualised returns and more than 40% absolute returns in 5 years.
Investment
You can begin investing with a minimum of Rs 5,000 for a lump sum payment and Rs 500 for SIP investments. The minimum required amount for additional investments is also Rs 500.
The fund charges 1% for the redemption of units more tha 10% of the investments within 365 days of the investment. There is no lock-in period applicable to this fund.
Annualised Returns
Lump Sum Investment
It has given an annual average return of 10.92% since its inception.
| 1-Year | 2-year | 3-year | 5-Year | 10 Year |
|---|---|---|---|---|
| 7.87% | 23.19% | 15.38% | 10.39% | 11.94% |
SIP Investment Returns
| 1-Year | 2-year | 3-year | 5-Year | 10 Year |
|---|---|---|---|---|
| 4.02% | 15.06% | 17.16% | 13.44% | 12.10% |
Portfolio
It is a Hybrid fund with a major holding in equity instruments around 64.46% and 14.85% in debt instruments, respectively. It has 47% investments in large-cap stocks, followed by 5.14% in mid-cap and 5.29% in small-cap stocks, respectively. The debt investments include 6.41% in government securities and 8.44% in low-risk securities, respectively.
The fund has major equity investments are in the Financial sector, followed by Energy, Consumer Staples, Healthcare, Automobile, Communication, Services, Construction, Consumer Discretionary, Metals & Mining, Chemicals, Insurance, and Materials.
The top equity holdings of the fund included HDFC Bank, CICI Bank, Reliance Industries, ITC, Infosys, State Bank of India, Bharti Airtel, Sun Pharmaceutical Industries, Larsen & Toubro, and Axis Bank.
Debt holding includes debentures (8.44%) - 7.34% National Housing Bank 2025, GOI Securities (6.11%) - 5.63% GOI 2026, Mutual fund (1.61%) - Edelweiss Liquid Direct-G, and others 18.59%.
Disclaimer
Mutual funds investment are subject to market risks. Read all scheme related documents carefully before investing. Greynium Information Technologies, and the Author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.
