Best Aggressive Mutual Funds

As the name suggests, aggressive mutual funds seek to achieve higher capital gains in a shorter span of time by investing in aggressively growing companies. These mutual funds invest in equity and equity-related securities of companies that have higher growth potential. The aim of an aggressive mutual fund is to deliver above-average market returns. Some of these funds may also invest in debt and money market instruments. However, the proportion of the portfolio in such safe instruments is significantly lower.

Best aggressive growth mutual funds are expected to outperform the standard growth by investing in companies that project exponential earnings and revenue. Since these funds invest based on future assumptions and expected growth phases, the associated risk is also comparably higher than standard funds. The value of your fund may vary tremendously based on changing market conditions. An aggressive mutual fund offers some of the highest return potentials in the equity markets making them an enticing investment opportunity.

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Top 10 Aggressive Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Mirae Asset Hybrid - Equity FundHybridModerately High0.2%5star2,590
ICICI Prudential Equity & Debt FundHybridModerate-3.4%5star23,487
SBI Equity Hybrid FundHybridModerate1.1%4star30,551
HDFC Hybrid Equity FundHybridHigh-3.3%4star21,076
Canara Robeco Equity Debt Allocation FundHybridModerately High-1.7%4star2,488
Franklin India Equity Hybrid FundHybridModerate-3.8%4star1,846
Principal Hybrid Equity FundHybridModerately High-8.4%4star1,572
Aditya Birla Sun Life Equity Hybrid 95 FundHybridModerately High-8.1%3star11,674
Tata Hybrid Equity FundHybridModerately High-3.2%3star4,299
Kotak Equity HybridHybridModerately High-2.9%3star1,442
L&T Hybrid Equity FundHybridModerate-6.3%3star8,220
Sundaram Equity Hybrid FundHybridModerate-2.9%3star1,764
DSP BlackRock Equity & Bond FundHybridModerately High-2.7%3star6,149
DHFL Pramerica Hybrid Equity FundHybridModerate-5.3%2star151
Baroda Pioneer Hybrid Equity FundHybridModerately High-9.8%2star555
View All Top 10 Aggressive Mutual Funds

Features of Aggressive Mutual Fund

Best aggressive growth funds are aimed at investors seeking higher returns by taking more risk than the average investor. The top purpose of these funds is to invest for superior capital gains. Since these funds are high risk and high returns, these tend to show extremely volatile movements. As an investor, you should examine the Beta, Standard deviation, and Sharpe ratio to determine the volatility of the fund. You can also compare the risk metrics with a benchmark to get a fair understanding of the said mutual fund.

Some of the best aggressive mutual funds in India also offer a comparatively balanced approach by implementing strategies that use derivatives. These funds can be less risky, but you need to do your due diligence before investing in aggressive mutual funds. The aggressive mutual fund can be alternatively also called as capital gain fund or capital appreciation fund.

Taxability

Most aggressive mutual funds predominantly invest in equity and equity-related securities with some funds also investing some proportion of capital in debt instruments. Even in such a case, these funds remain equity hybrid fund since a major proportion is invested in equity.

So, aggressive mutual funds are treated similar to equity-oriented mutual funds for the purpose of taxation. Investment for a period of less than 12 months is considered as a short-term investment, and a 15 per cent short-term capital gains tax will be levied on the gains.

However, if the aggressive mutual funds are sold after a period of 12 months from the initial date of purchase, a long-term capital gain tax of 10 per cent is levied provided the returns are more than 1 lakh.

Who Are These Funds Suited For?

As seen so far, aggressive mutual funds invest in companies expected to grow rapidly, resulting in higher returns at comparatively higher risks. So, aggressive mutual funds are ideal for anyone who is willing to take higher risks to earn higher returns. Only investors comfortable dealing with volatility should invest in these funds. This is primarily because even some of the best aggressive mutual funds will be highly volatile.

Investing in best aggressive funds will enable you to diversify your portfolio. Aggressive mutual funds come with its fair share of risks which may not be ideal for all the investors. If you are a risk-averse investor or someone who is nearing retirement, these funds may not be your best bet. On the other hand, young investors who can afford to pursue an aggressive investment strategy should definitely invest in aggressive mutual funds.

Major Advantages

Aggressive mutual funds invest in lesser-known companies and the ones with higher growth potential. This investment strategy allows you to earn higher returns than the average market returns. Some of the best aggressive mutual funds in India can provide a huge return over a short span of time. However, there is a potential downside too, as these funds come with higher risks and volatility.

Aggressive mutual funds enable you to diversify your portfolio in companies that may grow over a period of time. The risk of investing in these funds is considerably reduced if you invest with a long-term horizon. You can also select some of the best aggressive mutual funds which come with the added advantage of balanced investing strategy. These funds also invest in debt instruments which reduces the overall risk involved and volatility during bear markets. Investing in an aggressive mutual fund may also generate huge returns if some of the companies invested were to reach their expected projections and goals.

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

Mirae Asset Hybrid Equity Fund Direct Growth

Fund Performance: This fund has given 10.69% annualized returns in the last three years. In the last year, its returns were 0.18%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 0.18% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.

Min Investment Amt₹5,000
AUM2,590Cr
1Y Returns0.2%

ICICI Prudential Equity & Debt Fund Direct Growth

Fund Performance: This fund has given 7.93% annualized returns in the last three years. In the last year, its returns were -3.42%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing -3.42% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹5,000
AUM23,487Cr
1Y Returns-3.4%

SBI Equity Hybrid Fund Direct Plan Growth

Fund Performance: This fund has given 9.17% annualized returns in the last three years. In the last year, its returns were 1.06%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 1.06% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹1,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹1,000
AUM30,551Cr
1Y Returns1.1%

HDFC Hybrid Equity Fund Direct Plan Growth

Fund Performance: This fund has given 7.96% annualized returns in the last three years. In the last year, its returns were -3.26%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing -3.26% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM21,076Cr
1Y Returns-3.3%

Canara Robeco Equity Hybrid Fund Direct Growth

Fund Performance: This fund has given 8.82% annualized returns in the last three years. In the last year, its returns were -1.67%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing -1.67% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.

Min Investment Amt₹5,000
AUM2,488Cr
1Y Returns-1.7%

Franklin India Equity Hybrid Fund Direct Growth

Fund Performance: This fund has given 5.69% annualized returns in the last three years. In the last year, its returns were -3.79%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing -3.79% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM1,846Cr
1Y Returns-3.8%

Principal Hybrid Equity Fund Direct Growth

Fund Performance: This fund has given 9.15% annualized returns in the last three years. In the last year, its returns were -8.38%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing -8.38% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM1,572Cr
1Y Returns-8.4%

Aditya Birla Sun Life Equity Hybrid '95 Fund Direct Growth

Fund Performance: This fund has given 4.87% annualized returns in the last three years. In the last year, its returns were -8.14%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing -8.14% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹100. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹100
AUM11,674Cr
1Y Returns-8.1%

Tata Hybrid Equity Fund Direct Plan Growth

Fund Performance: This fund has given 4.62% annualized returns in the last three years. In the last year, its returns were -3.24%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing -3.24% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM4,299Cr
1Y Returns-3.2%

Kotak Equity Hybrid Fund Direct Growth

Fund Performance: This fund has given 6.18% annualized returns in the last three years. In the last year, its returns were -2.86%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing -2.86% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.

Min Investment Amt₹5,000
AUM1,442Cr
1Y Returns-2.9%

L&T Hybrid Equity Fund Direct Growth

Fund Performance: This fund has given 6.66% annualized returns in the last three years. In the last year, its returns were -6.29%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing -6.29% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM8,220Cr
1Y Returns-6.3%

Sundaram Equity Hybrid Fund Direct Growth

Fund Performance: This fund has given 8.6% annualized returns in the last three years. In the last year, its returns were -2.91%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing -2.91% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹100. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹100
AUM1,764Cr
1Y Returns-2.9%

DSP Equity & Bond Direct Growth

Fund Performance: This fund has given 7.48% annualized returns in the last three years. In the last year, its returns were -2.66%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing -2.66% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹500. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹500
AUM6,149Cr
1Y Returns-2.7%

PGIM India Hybrid Equity Fund Direct Plan Growth

Fund Performance: This fund has given 5.15% annualized returns in the last three years. In the last year, its returns were -5.26%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing -5.26% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM151Cr
1Y Returns-5.3%

Baroda Hybrid Equity Fund Direct Plan Growth

Fund Performance: This fund has given 4.83% annualized returns in the last three years. In the last year, its returns were -9.82%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing -9.82% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹2,00,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹2,00,000
AUM555Cr
1Y Returns-9.8%

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