📊 Aggressive Hybrid Fund · Deep Analysis

Nippon India Aggressive Hybrid FundGrowth Plan

Nippon India Mutual Fund · Direct Growth · SEBI Category: Aggressive Hybrid

Current NAV ₹116.9399 (+0.02% today) As of 04 Jun 2026
1 Year Return +1.0%
3 Year CAGR +12.9% p.a.
5 Year CAGR +12.4% p.a.
AAUM ₹3.6K Cr Jan–Mar 2026
All data from RightAdvise DB — calculated from 2,565 daily NAV records
Fund Overview

Nippon India Aggressive Hybrid FundGrowth Plan — Quick Summary

Nippon India Aggressive Hybrid Fund invests 65-80% in equity and 20-35% in debt instruments — maintaining the mandatory equity allocation that qualifies it for equity taxation. Unlike balanced advantage funds that dynamically reduce equity, this fund maintains a relatively stable equity-debt ratio, giving investors predictable exposure to both asset classes throughout their investment horizon.

The equity component focuses on quality large cap stocks with earnings visibility and balance sheet strength. The debt component is managed conservatively with a preference for high credit quality and short to medium duration bonds. This combination delivers equity-linked returns with lower volatility than pure equity funds — suitable for investors who want equity growth but cannot handle the full volatility of a pure equity scheme.

Fund House
Nippon India Mutual Fund
SEBI Category
Aggressive Hybrid
Benchmark
CRISIL Hybrid 35+65 Aggressive Index
Fund Manager
Ashutosh Bhargava & Kinjal Desai
AMFI Code
118794
Risk Level
Very High
NAV Records in DB
2,565 days
Quarterly Average AUM · Jan–Mar 2026
₹3.6K Cr
↓ Decreased by 1.7% vs Oct–Dec 2025 · ₹3.7K Cr
Official quarterly average AUM from AMFI disclosure. Published every 3 months.
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✓ Suitable For
Moderate risk investors wanting equity growth with built-in debt stability. First-time equity investors seeking a less volatile entry point than pure equity funds. Investors with 5+ year horizon who prefer a single balanced fund over multiple separate funds.
Research-driven equity selection by experienced managers with complementary expertise. Global Nippon Life Insurance backing bringing insurance industry discipline. Equity taxation applies — LTCG at 10% for gains above ₹1 lakh held over 1 year. Suitable as a complete hybrid solution for moderate investors.
✗ Not Suitable For
Aggressive investors seeking maximum equity returns — the debt component limits upside. Those who want dynamic equity-debt switching like balanced advantage funds. Investors with short horizons under 3 years.
Who Runs This Fund

Fund Manager

AB
Ashutosh Bhargava & Kinjal Desai
Nippon India Mutual Fund · Managing since January 2019

Ashutosh Bhargava manages the equity component of Nippon India Aggressive Hybrid Fund applying a research-driven, quality-focused approach to stock selection. Kinjal Desai manages the fixed income sleeve with a conservative, high-credit-quality orientation. Both managers bring the same expertise they apply to the Nippon India Balanced Advantage Fund — complementary specialists working within SEBI's hybrid fund framework.

For current co-manager details and full biography, refer to the latest Nippon India Mutual Fund factsheet on AMFI or the AMC website.

What to Factor In

Things to Consider

Informational points to help you form your own view — not judgements or recommendations.

AMFI Code · Informational
AMFI Scheme Code: 118794
The official AMFI scheme code for Nippon India Aggressive Hybrid FundGrowth Plan Direct Growth is 118794. Use this when transacting on platforms or verifying data across databases.
Important Note
Points Worth Knowing
Nippon India MF was previously Reliance Mutual Fund — a significant brand transition in 2019. Long-term performance data pre-2019 was generated under Reliance MF branding. Evaluate whether you are comfortable with the ownership transition context when reviewing historical returns.
Investment Objective
As per Scheme Information Document
The primary investment objective of the scheme is to generate capital appreciation and income by investing in equity and equity related instruments and debt and money market instruments.
All Data Below — From RightAdvise Database
Category Comparison

Top 5 Aggressive Hybrid Funds Compared

Live data. Current fund highlighted. Click any fund name for full analysis.

FundNAVAAUM1Y Return 3Y CAGR 5Y CAGR Sharpe (3Y)
DSP Aggressive Hybrid Fund ₹384.44 ₹10.4K Cr Jan–Mar 2026 -4.1% +12.6% p.a. +10.7% p.a. 0.77
Kotak Aggressive Hybrid Fund ₹74.24 ₹8.1K Cr Jan–Mar 2026 +4.1% +14.5% p.a. +13.2% p.a. 0.80
UTI Aggressive Hybrid Fund ₹425.84 ₹5.2K Cr Jan–Mar 2026 -0.5% +13.4% p.a. +12.9% p.a. 0.83
Nippon India Aggressive Hybrid Fund ▲ ₹116.94 ₹3.6K Cr Jan–Mar 2026 +1.0% +12.9% p.a. +12.4% p.a. 0.73
Tata Aggressive Hybrid Fund ₹480.67 ₹3.4K Cr Jan–Mar 2026 -0.3% +9.5% p.a. +10.3% p.a. 0.39
Best value in each column shown in green. AAUM from latest AMFI quarterly filing. Returns calculated from daily NAV history.
Performance

Fund Returns

Calculated from 2,565 daily NAV records in RightAdvise DB. Last calculated: Jun 2026.

1M / 3M / 6M / 1Y — simple point-to-point return  ·  3Y / 5Y / 10Y — CAGR (compounded annual growth rate)

1 MonthPoint-to-point
-1.0%
3 MonthPoint-to-point
-1.7%
6 MonthPoint-to-point
-4.0%
1 YearPoint-to-point
+1.0%
3 YearCAGR
+12.9% p.a.
5 YearCAGR
+12.4% p.a.
10 YearCAGR
+10.6% p.a.
₹1 Lakh → 5YLump sum growth
₹175,914

Best & Worst Periods Ever

Based on all rolling windows in full NAV history. Dates show the start and end of each period.

Best 1Y WindowSimple return
+74.6%
Mar 2020 – Mar 2021
Worst 1Y WindowSimple return
-38.1%
Mar 2019 – Mar 2020
Best 3Y CAGRCAGR p.a.
+30.6% p.a.
Mar 2020 – Apr 2023
Worst 3Y CAGRCAGR p.a.
-10.3% p.a.
Feb 2017 – Mar 2020

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025
+7.1%
2024
+17.1%
2023
+25.0%
2022
+7.4%
2021
+28.8%
2020
-4.6%
2019
+3.8%
2018
-3.6%
2017
+31.5%
Consistency Analysis

Rolling Returns ℹ️ What is this?

Rolling returns show performance across every possible investment start date — not one cherry-picked number. Learn more →

1Y Rolling Avg
13.2%
Positive in 82% of windows
Best: 74.6% · Worst: -38.1%
3Y Rolling Avg
11.2% p.a.
Positive in 88% of windows
Best: 30.6% · Worst: -10.3%
5Y Rolling Avg
11.8% p.a.
Positive in 100% of windows
Best: 26.5% · Worst: 4.5%
1-Year Rolling Returns Each bar = 1Y return starting from that date
Risk Analysis

Maximum Drawdown ℹ️ What is this?

How much the fund fell from its peak NAV — what investors actually experience during crashes. Calculated from full NAV history.

Max Drawdown Ever
-42.4%
Aug 2018 → Mar 2020
Recovered: Feb 2021 (1yr 3mo)
Current from Peak
-4.5%
All-time Peak: ₹122.68
Peak date: Jan 2026

How the fund behaved in key crisis periods

Calculated from actual NAV data. "Pre-inception" means the fund didn't exist during that period.

2024–25 Tariff / Correction
-12.7%
Sep 27, 2024 – Apr 7, 2025
Recovered: Sep 2025 (10 mos)
COVID-19 Crash
-39.4%
Feb 19 – Mar 23, 2020
Recovered: Jan 2021 (1yr 2mo)
2022 Rate Hike Cycle
-12.3%
Jan 17 – Jun 17, 2022
Recovered: Sep 2022 (4 mos)
2018 IL&FS Crisis
-12.3%
Aug 28 – Oct 26, 2018
Recovered: Feb 2021 (3yr 4mo)
Risk Metrics

Risk Ratios

Calculated from 3 years of daily NAV — industry standard. Risk-free rate: 6.5% p.a. Last updated: Jun 2026. What do these mean? →

Sharpe Ratio (3Y)
0.73
Return per unit of total risk. >1 is good. Learn more →
Sortino Ratio (3Y)
1.02
Like Sharpe but only penalises downside volatility. Learn more →
Std Deviation (3Y)
10.3%
Annualised monthly volatility. Lower = more consistent returns. Learn more →
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Want to see what Nippon India Aggressive Hybrid FundGrowth Plan is actually holding?

Our portfolio holdings page shows every stock the fund owns, sector allocation, and month-over-month changes — from official AMC disclosures.

Full current portfolio — all stocks, weights, sectors
New entries and exits over the last 3 months
Sector allocation and month-over-month changes
Updated monthly from official AMC disclosures
See Portfolio Holdings →
← Compare all Aggressive Hybrid Funds

See how Nippon India Aggressive Hybrid FundGrowth Plan ranks against other Aggressive Hybrid funds on returns, drawdown, Sharpe ratio and AAUM — side by side.

Learn the Metrics
📖 Deep Dive
CAGR, Sharpe, Sortino & Std Dev
What these numbers mean and how to use them
📖 Deep Dive
Drawdown & Rolling Returns
Why these reveal more than any CAGR figure
⚠️ 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 advisor before investing.
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⚠️ 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 advisor before investing.