With Over 32% SIP Returns, This Hybrid Fund Is Good For SIP

Depending on the scheme's investment goal, hybrid funds may invest in more than one asset type. They invest in a variety of asset classes, including stock, debt, gold-related products, cash, and others. This Hybrid fund is good to invest in as the fund is ranked No 2 by CRISIL and given a 5-star rating. This fund's performance is very good, better than its peer funds. Check Details here!

PGIM India Hybrid Equity Fund - Direct Plan-Growth

This is a 9-year-old launched in 2013 by the PGIM India mutual Fund. This fund is a Hybrid Equity aggressive mutual fund scheme. PGIM India Hybrid Equity Fund is very small in the sense that the assets under management are Rs 202.42 crores. The expense ratio is below the category average at 0.9%. The fund's current NAV as of March 21, 22 is Rs 101.16. It is an open-ended fund. For those who are willing to buy stocks for the long term, this is a good bet. The one benefit of starting a SIP here for investors is that, because the fund is a hybrid, the fund manager has the option to transfer money to debt, given the present state of the stock markets.

Absolute And Annualised Returns

Lump-Sum Investment Returns

Tenure	Absolute Returns	Annualised Returns
1 Year	9.97%	9.91%
2 Year	66.44%	28.97%
3 Year	38.94%	11.56%
5 Year	55.94%	9.29%
Since Inception	172.82%	11.50%

SIP Returns

In the last 1 year, the fund didn't perform well as the fund negative.

SIP Tenure	Absolute Returns	Annualised Returns
1 Year	-1.84%	-3.41%
2 Year	17.32%	16.22%
3 Year	23.84%	14.40%
5 Year	32.48%	11.20%

Portfolio

The fund has a 79.70% allocation to equity and 22.72% to Debt. The fund's debt part has a very low credit rating, meaning that the borrowers to whom it has borrowed money are of poor quality. The financial, energy, automobile, construction, and communication industries make up the majority of the fund's stock holdings. In comparison to other funds in the category, it has less exposure to the Financial and Energy sectors. The fund's top 5 holdings include PGIM Jennison Global Equity Opportunities Fund, Reliance Industries Ltd., ICICI Bank Ltd., HDFC Bank Ltd., Bajaj Finance Ltd.

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.