Best Aggressive Hybrid Mutual Funds in India 2026: Top 10 & Guide
What Aggressive Hybrid mutual funds are, who should invest, key risks, and the top 10 funds with returns and risk data.

Aggressive hybrid mutual funds invest mainly in equity, with up to 35% in debt for some stability, and are meant for investors who can take high risk. They are typically held for five years or more. This guide covers who should invest, benefits, risks, and the top 10 aggressive hybrid funds from our data.
Key takeaways
- Aggressive hybrid funds hold at least 65% in equity and up to 35% in debt.
- They aim for regular income and long-term wealth creation, but with a focus on high-risk assets.
- They may be less volatile than pure equity funds, though they are still high risk.
- They suit long-term investors with a high risk appetite.
- The top 10 funds below are ranked by an internal score, with return and risk numbers shown.
What are aggressive hybrid mutual funds?
Aggressive hybrid funds select a portfolio that is not risk-averse, with a focus on high-risk underlying assets for higher capital gains. They combine equity and debt, so investors are exposed to both, with equity taking priority and smaller portions in debt for stability.
Who should invest in aggressive hybrid mutual funds?
- Long-term investors, typically for five years or more, since these funds tend to show better results over longer tenures.
- High-risk-appetite investors, because the equity-heavy portfolio exposes you to risky stocks.
What should you consider before investing?
- Asset allocation: research the portfolio and check that it fits your goals and risk appetite.
- Expense ratio: fees on management reduce your profit, so lower is better.
Advantages of aggressive hybrid mutual funds
- Diversification: the equity part can generate high returns while the debt part cushions corrections.
- Equity taxation: because they hold at least 65% in equity, they get equity-fund tax treatment even with a sizeable debt portion.
- Lower volatility than pure equity funds, since up to 35% sits in debt.
- Portfolio rebalancing: within SEBI's limits, managers can raise debt in bearish markets and raise equity in bullish ones.
- Two ways to invest: SIP or lump sum.
Risks of aggressive hybrid mutual funds
- High risk: the funds target high-return, high-risk assets.
- Low diversification: they may hold limited and concentrated stocks.
- Volatility: the high equity share means the debt portion may not remove the swings.
- Higher expense ratios because the manager handles both equity and debt.
How are Aggressive Hybrid mutual funds taxed?
Gains from Aggressive Hybrid funds are subject to capital gains tax under equity fund rules. The rates and holding-period rules depend on the fund type and can change, so check the current rules or speak to a tax advisor before you invest.
Top 10 Aggressive Hybrid mutual funds ranked by an internal score
These are the top 10 Aggressive Hybrid funds from our data, ranked by Invo Wealth's internal fund-quality score. The score itself is not shown, only the return and risk numbers behind it. A "--" means the fund has not completed that period or the data is unavailable. Some entries are different plan or option variants of the same scheme (for example Direct vs Regular, or Growth vs Bonus), so their figures can look similar.
Returns across 6 months to 5 years
Performance data as of 5 September 2026.
| Fund | 6M CAGR | 1Y CAGR | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|
| ICICI Prudential Aggressive Hybrid Fund | 1.93% | 2.40% | 13.34% | 14.78% |
| Edelweiss Aggressive Hybrid Fund | 7.26% | 3.62% | 12.26% | 11.93% |
| BANK OF INDIA AGGRESSIVE HYBRID FUND | 32.41% | 14.98% | 15.93% | 14.01% |
| Edelweiss Aggressive Hybrid Fund - Regular Plan - Growth | 7.28% | 3.63% | 12.25% | 11.87% |
| Quant Aggressive Hybrid Fund | 22.55% | 11.34% | 11.94% | 11.82% |
| UTI Aggressive Hybrid Fund | 0.80% | 2.03% | 10.57% | 10.79% |
| JM Aggressive Hybrid Fund | 12.95% | 1.72% | 11.74% | 12.08% |
| Mirae Asset Aggressive Hybrid Fund | 4.90% | 6.12% | 11.64% | 10.28% |
| Kotak Aggressive Hybrid Fund | 9.09% | 5.07% | 11.81% | 11.12% |
| SBI AGGRESSIVE HYBRID FUND | 10.51% | 6.25% | 12.25% | 9.63% |
Risk and consistency metrics
| Fund | ISIN | Volatility | Max drawdown (3Y) | Sortino ratio |
|---|---|---|---|---|
| ICICI Prudential Aggressive Hybrid Fund | INF109K01480 | 11.90% | -11.41% | 0.74 |
| Edelweiss Aggressive Hybrid Fund | INF754K01160 | 12.81% | -12.61% | 0.56 |
| BANK OF INDIA AGGRESSIVE HYBRID FUND | INF761K01DP9 | 18.09% | -20.22% | 0.66 |
| Edelweiss Aggressive Hybrid Fund - Regular Plan - Growth | INF754K01202 | 12.80% | -12.60% | 0.56 |
| Quant Aggressive Hybrid Fund | INF966L01267 | 15.70% | -19.05% | 0.44 |
| UTI Aggressive Hybrid Fund | INF789F01323 | 11.92% | -12.25% | 0.41 |
| JM Aggressive Hybrid Fund | INF192K01544 | 15.10% | -19.03% | 0.43 |
| Mirae Asset Aggressive Hybrid Fund | INF769K01DH9 | 12.94% | -13.09% | 0.50 |
| Kotak Aggressive Hybrid Fund | INF174K01E92 | 14.07% | -15.05% | 0.47 |
| SBI AGGRESSIVE HYBRID FUND | INF200K01107 | 11.71% | -10.02% | 0.62 |
Look at volatility and maximum drawdown alongside returns to see how far each fund fell in weak markets.
How to invest in Aggressive Hybrid mutual funds
You can invest in these funds using the Invo Wealth app. Sign up, get complete portfolio insights and start investing in mutual funds that actually suit you.
Conclusion
Aggressive hybrid funds add a debt cushion to an equity-heavy portfolio. They suit patient investors who accept high risk.
Frequently asked questions
What is an aggressive hybrid fund?
It invests mostly in equity and equity-related instruments, with a smaller portion in debt for stability. It invests at least 65% in equity and up to 35% in debt.
Are aggressive hybrid funds safe?
They carry a lot of risk because most investments are in equities, so they are not suitable for risk-averse investors.
What time horizon suits aggressive hybrid funds?
A horizon of three years or more helps, since short-term fluctuations can be wide.
Who can invest in aggressive hybrid funds?
Long-term investors with a high risk appetite, including people who want to begin with equity but prefer some debt cushion.
How can I invest in aggressive hybrid mutual funds?
You can invest through a SIP or a lump sum. To invest in these funds, you can use the Invo Wealth app: sign up, get portfolio insights and start investing.
Mutual fund investments are subject to market risks; read all scheme-related documents carefully. This article is for education only and is not investment advice. Past performance does not guarantee future returns. Invo Wealth is an AMFI-registered mutual fund distributor (ARN-368528).