📊 Category Deep Dive · Aggressive Hybrid Funds

Best Aggressive Hybrid Mutual Funds in India — Compare Top 5

Compare the best aggressive hybrid funds in India — DSP, Kotak, UTI, Nippon India and Tata. SEBI mandates 65-80% in equity and 20-35% in debt. One fund for equity growth with built-in stability. Live NAV and returns from RightAdvise database.

5Funds Compared
₹30.8K CrCombined AAUM
15 Jun 2026Data As Of
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All data pulled live from RightAdvise database  ·  NAV updated daily  ·  AAUM from latest AMFI quarterly filing  ·  Returns calculated from daily NAV history
Comparison

Top 5 Aggressive Hybrid Funds — At a Glance

Sorted by 5-year CAGR. Click any fund for full analysis — rolling returns, drawdown chart, NAV history and risk ratios.

1
Kotak Aggressive Hybrid Fund
Kotak MF  ·  Conservative Kotak approach · Quality equity selection · Stable debt component
NAV
₹74.77
1Y Return
+3.9%
3Y CAGR
+14.5 % p.a.
5Y CAGR
+13.0 % p.a.
AAUM
₹8.1K Cr
Risk
Very High
Deep Dive →
2
UTI Aggressive Hybrid Fund
UTI MF  ·  Long track record · Steady allocation discipline · One of India oldest hybrid funds
NAV
₹427.72
1Y Return
-1.1%
3Y CAGR
+13.2 % p.a.
5Y CAGR
+12.5 % p.a.
AAUM
₹5.2K Cr
Risk
Very High
Deep Dive →
3
Nippon India Aggressive Hybrid Fund
Nippon India MF  ·  Research-driven equity selection · Conservative debt management · Large investor base
NAV
₹117.77
1Y Return
+1.0%
3Y CAGR
+12.8 % p.a.
5Y CAGR
+11.9 % p.a.
AAUM
₹3.6K Cr
Risk
Very High
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4
DSP Aggressive Hybrid Fund
DSP MF  ·  Largest aggressive hybrid by AUM · Disciplined equity-debt allocation · Consistent performer
NAV
₹391.01
1Y Return
-2.7%
3Y CAGR
+12.8 % p.a.
5Y CAGR
+10.8 % p.a.
AAUM
₹10.4K Cr
Risk
Very High
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5
Tata Aggressive Hybrid Fund
Tata MF  ·  Tata Group brand · Balanced growth approach · Strong fixed income expertise
NAV
₹485.58
1Y Return
+0.1%
3Y CAGR
+9.8 % p.a.
5Y CAGR
+10.1 % p.a.
AAUM
₹3.4K Cr
Risk
Very High
Deep Dive →
Performance

₹1 Lakh Invested — How It Grew

If you had invested ₹1 lakh 5 years ago in each fund, here is how much it would be worth today. Calculated from 5 years of daily NAV in the RightAdvise database.

5-Year Growth of ₹1 Lakh Direct Plan · Growth Option · All funds rebased to ₹1,00,000
Data Table

Full Comparison Table

💡 What is AAUM? AAUM stands for Average Assets Under Management — the average value of all investor money a fund managed during a specific quarter. Reported to SEBI every quarter via AMFI. More reliable than a single-day AUM snapshot.

FundNAVAAUM1Y Return 3Y CAGR 5Y CAGR 10Y CAGR Max Drawdown Sharpe (3Y)
Kotak Aggressive Hybrid Fund ₹74.77 2026-06-12 ₹8.1K Cr Jan–Mar 2026 +3.9% +14.5 % p.a. +13.0 % p.a. +14.1 % p.a. -32.1% 0.79
UTI Aggressive Hybrid Fund ₹427.72 2026-06-12 ₹5.2K Cr Jan–Mar 2026 -1.1% +13.2 % p.a. +12.5 % p.a. +12.5 % p.a. -32.4% 0.78
Nippon India Aggressive Hybrid Fund ₹117.77 2026-06-12 ₹3.6K Cr Jan–Mar 2026 +1.0% +12.8 % p.a. +11.9 % p.a. +10.7 % p.a. -42.4% 0.71
DSP Aggressive Hybrid Fund ₹391.01 2026-06-12 ₹10.4K Cr Jan–Mar 2026 -2.7% +12.8 % p.a. +10.8 % p.a. +13.1 % p.a. -28.8% 0.78
Tata Aggressive Hybrid Fund ₹485.58 2026-06-12 ₹3.4K Cr Jan–Mar 2026 +0.1% +9.8 % p.a. +10.1 % p.a. +10.8 % p.a. -28.9% 0.39
⚠️ Data Note: Returns (what is CAGR?) calculated from daily NAV data in RightAdvise database. AAUM from official AMFI quarterly filings. Max Drawdown calculated over full available NAV history. Sharpe Ratio uses 3-year daily NAV and 6.5% risk-free rate. Educational purposes only. Past performance does not guarantee future returns.
Education

What Are Aggressive Hybrid Funds?

As per SEBI, Aggressive Hybrid Funds must invest 65% to 80% of their assets in equity and equity-related instruments and 20% to 35% in debt instruments. The equity component qualifies these funds for equity taxation — gains held over 1 year taxed at 10% LTCG above ₹1 lakh. The fund manager cannot go below 65% equity or above 80% equity.

Aggressive Hybrid Funds — sometimes called equity-oriented hybrid funds — invest the bulk of their portfolio in equity (65-80%) while maintaining a permanent allocation to debt (20-35%). The equity component drives long-term wealth creation while the debt component provides a cushion during equity market corrections. Unlike balanced advantage funds which dynamically change their equity allocation, aggressive hybrid funds maintain a relatively stable equity-to-debt ratio within the SEBI-mandated band.

The best aggressive hybrid funds in India offer a simpler proposition than balanced advantage funds — you get approximately 70-75% equity exposure with roughly 25-30% in debt, rebalanced periodically. This makes returns more predictable in character. The debt component typically invests in high-quality bonds and government securities, providing stability and regular income that partially offsets equity volatility. For first-time equity investors, an aggressive hybrid fund can be a gentler entry point than a pure equity fund.

✅ Why Consider Aggressive Hybrid Funds

  • Built-in diversification — equity growth potential combined with debt stability in one fund
  • Equity taxation applies — long-term gains taxed at 10% LTCG not as debt
  • Automatic rebalancing — fund manager rebalances equity-debt ratio, no investor action needed
  • Lower volatility than pure equity funds — debt component cushions sharp equity corrections
  • Simpler than managing separate equity and debt funds for conservative investors

⚠️ Key Risks to Know

  • Still predominantly equity — 65-80% equity means significant market risk remains
  • Cannot reduce equity below 65% even in expensive markets — unlike balanced advantage funds
  • The debt component does not eliminate equity risk — fund still falls in equity bear markets
  • Returns lower than pure equity funds in strong bull markets due to debt drag
  • Requires minimum 5-year horizon — not suitable for short-term goals

✅ Suitable For

  • First-time equity investors who want equity growth with a built-in safety cushion
  • Conservative investors taking their first step from fixed deposits toward equity
  • Investors with 5+ year horizon who want a single, balanced equity-debt fund
  • Those who want equity taxation treatment with some debt stability

❌ May Not Be Suitable For

  • Aggressive investors seeking maximum equity returns — the 20-35% debt reduces upside
  • Those who want active asset allocation — this fund maintains a fixed equity-debt band
  • Investors who prefer managing their own equity-debt allocation separately
  • Those with very short horizons under 3 years

📊 Aggressive Hybrid vs Balanced Advantage Fund — Key Difference

Aggressive Hybrid Funds maintain a fixed equity allocation of 65-80% — the manager cannot go below 65% even if markets look expensive. Balanced Advantage Funds dynamically adjust equity allocation based on market valuations — going as low as 30% equity in expensive markets. If you want a fixed, predictable equity-debt mix, choose Aggressive Hybrid. If you want the fund to reduce equity during expensive markets and increase during corrections, choose Balanced Advantage. Both qualify for equity taxation.

📖 Learn the Metrics
CAGR, Sharpe Ratio, Sortino & Std Dev — Explained
What do these numbers actually mean? Read before you invest.
📖 Learn the Metrics
Drawdown & Rolling Returns — Explained Simply
Why max drawdown and rolling returns reveal more than CAGR.
Common Questions

Aggressive Hybrid Fund FAQs

The best aggressive hybrid funds by AUM include DSP Aggressive Hybrid Fund, Kotak Aggressive Hybrid Fund, UTI Aggressive Hybrid Fund, Nippon India Aggressive Hybrid Fund and Tata Aggressive Hybrid Fund. Compare their 5-year returns, max drawdown and Sharpe ratio in the table above. Past performance does not guarantee future results.
Aggressive hybrid funds are taxed as equity funds because they maintain at least 65% equity exposure. Gains held for more than 1 year are taxed at 10% Long Term Capital Gains (LTCG) above ₹1 lakh per year. Gains held under 1 year are taxed at 15% Short Term Capital Gains (STCG). This equity taxation is more favourable than debt fund taxation for most investors.
Aggressive hybrid funds maintain 65-80% equity at all times. Balanced advantage funds dynamically adjust equity from 30% to 80% based on market valuations. In bull markets, balanced advantage funds may have lower equity and therefore lower returns. In bear markets, balanced advantage funds may protect better by reducing equity. Choose aggressive hybrid for a fixed, predictable allocation; choose balanced advantage for dynamic, valuation-driven allocation.
Minimum 5 years, ideally 7 years or more. The equity component means these funds will experience sharp drawdowns in bear markets. Investors need to stay invested through corrections for the equity component to deliver long-term returns. SIP investing helps average out entry costs over market cycles.
AAUM (Average Assets Under Management) is the average corpus of the fund across an entire quarter, as officially reported to AMFI. All AUM data on RightAdvise is from official AMFI quarterly AAUM disclosures.
⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered investment advisor before investing.
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