Best aggressive hybrid mutual funds to invest in 2024
Aggressive hybrid schemes are recommended to conservative equity investors looking to create wealth while minimising volatility. These schemes have a mixed portfolio of equity and debt, allowing for better risk management. The fund manager regularly books profits to maintain asset allocation and enhance returns. Investing in mutual funds also offers a tax advantage compared to individual portfolio management. However, it’s important to note that aggressive hybrid schemes are not risk-free due to their minimum stock allocation. Some of the recommended aggressive hybrid schemes for 2024 include SBI Equity Hybrid Fund, Canara Robeco Equity Hybrid Fund, Mirae Asset Hybrid Equity Fund, ICICI Prudential Equity and Debt Fund, and Quant Absolute Fund.
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