Worried about market volatility? Here are 7 hybrid funds that can provide stability, high growth
Investors with a medium risk profile can consider investing in the aggressive hybrid funds. These schemes are good picks as they allow you to participate on the upside, while cushioning your downside as compared to pure equity funds
The wild swings in the market — from record highs following the exit polls to one of the biggest drops on June 4 as results trickled in — have left many investors jittery. The market is expected to remain volatile for some time as concerns about the stability of the government and “coalition compulsions” weigh on sentiment. Experts, however, advise investors not to get swayed by short-term volatility and focus on long-term investment goals. Investors with a medium risk profile who are concerned about the current volatility can consider investing in the aggressive hybrid funds. Within the hybrid funds categories, aggressive hybrid funds are investing 65-80 percent in equity and the rest in debt assets. These funds are good picks for many portfolios as they allow you investors to participate on the upside, while cushioning the downside better compared to pure equity funds. Here's a list of seven top-performing schemes from the aggressive hybrid funds category. We have only considered schemes with 10-year track record. These have been shortlisted based on the five-year rolling return which has been calculated on their 10-year data.
2/8
Quant Absolute Fund
5-year rolling return (CAGR) (calculated on the basis of last 10 year’s data): 15.7% Fund managers: Ankit A Pande, Vasav Sahgal and Sanjeev Sharma
5-year rolling return (CAGR) (calculated on the basis of last 10 year’s data): 13.1% Fund managers: Mittul Kalawadia and Sankaran Naren, Akhil Kakkar, Manish Banthia, Sharmila D'mello and Sri Sharma
4/8
Canara Robeco Equity Hybrid Fund
5-year rolling return (CAGR) (calculated on the basis of last 10 year’s data): 12.2% Fund managers: Ennette Fernandes, Shridatta Bhandwaldar and Avnish Jain
