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Hybrid Mutual Funds

Browse hybrid mutual funds in India that blend equity and debt for balanced risk-adjusted returns. Compare balanced advantage funds, aggressive hybrid funds, conservative hybrid funds, and multi-asset allocation funds by NAV, returns, expense ratio, and risk metrics.

149 funds found

Fund Name1Y Return
HDFC Income Plus Arbitrage Active FOF Option

HDFC

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BANK OF INDIA BALANCED ADVANTAGE FUND DIRECT PLAN GROWTH

BANKOFINDIA

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Aditya Birla Sun Life Multi Asset Omni FoF- Option

ADITYABIRLASUNLIFE

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Kotak Balanced Advantage -Direct -Payout of Income Distribution cum capital withdrawal option

KOTAKMAHINDRA

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Kotak Multi Asset Omni FOF - Direct - Direct

KOTAKMAHINDRA

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Bandhan Conservative Hybrid Passive FOF

BANDHAN

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BANK OF INDIA Conservative Hybrid-Direct-Growth

BANKOFINDIA

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LIC MF Children's-Direct-Growth

LIC

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Union Balanced Advantage Option

UNION

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Franklin India Aggressive Hybrid - Direct

FRANKLINTEMPLETON

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Tata Balanced Advantage-Direct-Growth

TATA

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PGIM India Aggressive Hybrid Equity-Direct-Quarterly Divdend Option

PGIMINDIA

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UTI Conservative Hybrid Option

UTI

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Kotak Hybrid Fixed Term Series 2 - Diviedend

KOTAKMAHINDRA

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JM Aggressive Hybrid (Direct) - Bonus Option - Principal Units

JMFINANCIAL

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UTI Retirement

UTI

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Nippon India Balanced Advantage - Bonus Option

NIPPONINDIA

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JM Arbitrage (Direct) - Quarterly Bonus Option - Principal Units

JMFINANCIAL

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Aditya Birla Sun Life Equity Hybrid'95-Growth

ADITYABIRLASUNLIFE

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JM Aggressive Hybrid (Direct) - Half Yearly Bonus Option - Principal Units

JMFINANCIAL

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Kotak Hybrid Fixed Term Series 2

KOTAKMAHINDRA

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HDFC Childrens Savings-Direct

HDFC

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JM Arbitrage (Direct) - Half Yearly Bonus Option - Principal Units

JMFINANCIAL

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ICICI Prudential Equity Arbitrage Bonus

ICICIPRUDENTIAL

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JM Aggressive Hybrid (Direct) - Annual Bonus Option

JMFINANCIAL

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quant Aggressive Hybrid-Growth Option-Direct

QUANT

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JM Aggressive Hybrid (Direct) - Quarterly Bonus Option - Principal Units

JMFINANCIAL

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Union Arbitrage Option

UNION

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UTI Conservative Hybrid - Monthly Payment Option

UTI

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SBI Conservative Hybrid

SBI

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Frequently Asked Questions

What are hybrid mutual funds?

Hybrid mutual funds invest in a mix of equity and debt instruments, giving you diversification across asset classes in a single fund. The equity component provides growth potential while the debt portion adds stability. They come in several sub-categories — aggressive hybrid funds hold 65-80% in equity, conservative hybrid funds hold 10-25% in equity, and balanced advantage funds dynamically adjust the mix based on market valuations.

Who should invest in hybrid funds?

Hybrid funds are well-suited for investors who want moderate risk and do not want to manage separate equity and debt allocations themselves. First-time investors who find pure equity funds too volatile often start with balanced advantage or aggressive hybrid funds. They are also useful for retirees or conservative investors looking for some equity upside without full market exposure. The automatic rebalancing in balanced advantage funds is particularly helpful for hands-off investors.

Frequently Asked Questions

What is NAV in a mutual fund?

NAV, or Net Asset Value, is the per-unit price of a mutual fund scheme. It is calculated as the total value of the fund's assets minus its liabilities, divided by the number of outstanding units. Fund houses declare NAV at the end of each business day based on closing prices, and AMFI publishes it. When you invest, you are allotted units at the applicable NAV.

How do I start a SIP in mutual funds in India?

To start a SIP you first complete your KYC, which is mandatory under SEBI rules. You then choose a scheme, decide a monthly amount — often as low as Rs 500 — and set an auto-debit mandate from your bank. On your chosen date each month, units are bought at the prevailing NAV. You can invest directly through an AMC or via a distributor platform.

What is the expense ratio and why does it matter?

The expense ratio is the annual fee a fund charges to manage your money, expressed as a percentage of assets. It covers fund management, administration and distribution costs, and is deducted from the NAV. SEBI caps expense ratios by fund size and type. A lower ratio means more of the return stays with you, which is why direct plans, with no distributor commission, cost less than regular plans.

Are ELSS mutual funds good for tax saving?

ELSS (Equity Linked Savings Scheme) funds qualify for deduction under Section 80C of the Income Tax Act, up to Rs 1.5 lakh a year in the old tax regime. They carry the shortest lock-in among 80C options at just three years and invest mainly in equities, offering growth potential. Returns are market-linked, and gains above Rs 1.25 lakh a year are taxed as long-term capital gains.