Top 7 SWP Mutual Funds in 10 Years: Each fund has given at least Rs 61,500 monthly income for 10 years on Rs 50 lakh one-time investment
Top 7 Aggressive Hybrid Mutual Funds in 10 Years: Mutual fund investors who need a regular monthly income through the systematic investment withdrawal (SWP) investment method often invest in aggressive hybrid mutual funds. Such an investment provides them the safety of debt and the returns of equity. Many hybrid aggressive funds have provided at least a Rs 61,500 monthly income for 10 years on a Rs 50 lakh one-time investment.
Top 7 Aggressive Hybrid Mutual Funds in 10 Years: Mutual fund investors who want slow but steady returns from their investments often prefer hybrid funds. The reason is that such funds have their investments in debt and equity. While debt provides them some safety, equity grows their corpus fast. During market fluctuations, these funds decline slower than pure equity funds. That's the reason a lot of mutual fund investors use aggressive hybrid mutual funds to get regular income through the systematic withdrawal plan (SWP) method during their retirement years. They invest a lump sum amount in an aggressive fund, set up a SWP, and withdraw monthly income for years. As per Securities Exchange Board of India's classification of mutual funds, aggressive hybrid funds need to have at least 65 per cent to 80 per cent of their investments in equity and 20 per cent to 35 per cent in debt instruments. Here, we take you through the top 7 aggressive hybrid mutual funds (SWP) that have provided at least Rs 61,500 monthly income for 10 years on a Rs 50 lakh one-time investment. (Note: We are taking regular funds only.)
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ICICI Prudential Equity Debt Fund Growth
The fund has given 11.02 per cent annualised SIP return in the 10-year period.
It has AUM of Rs 4,504 crore, while its NAV is Rs 481.41.
Benchmarked against CRISIL Hybrid 35+65 Aggressive Index, the fund has given 15.18 per cent annualised return since its launch in November 1999.
ICICI Prudential Equity Debt Fund Growth
At an expense ratio of 1.6 per cent, the fund has Rs 5,000 as the minimum investment and Rs 1,000 as the minimum top-up.
A Rs 50 lakh one-time investment in the fund has provided Rs 61,500 monthly income for 10 years, and after withdrawing that income, the remaining balance is Rs 12,16,678.
Quant Absolute Fund Growth Option Regular Plan
The fund has given 10.96 per cent annualised return (CAGR) in the 10-year time frame.
It has assets under management (AUM) of Rs 39,886.28 crore, while its net asset value (NAV) is Rs 357.25.
Benchmarked against CRISIL Hybrid 35+65 Aggressive Index, the fund has given 15.18 per cent annualised return since its inception in November 1999.
Quant Absolute Fund Growth Option Regular Plan
With an expense ratio of 1.6 per cent, the fund has Rs 5,000 as the minimum investment and Rs 1,000 as the minimum top-up amount.
A Rs 50 lakh one-time investment in the fund has provided Rs 61,500 monthly income for 10 years, and after withdrawing that income, the remaining balance is Rs 11,82,785.
DSP Aggressive Hybrid Fund Regular Plan Growth
The fund has given 10.2 per cent annualised SIP return in 10 years.
It has a fund size of Rs 10,137.49 crore, while its unit price is Rs 331.006.
Benchmarked against CRISIL Hybrid 35+65 Aggressive Index, the fund has given 14.57 per cent annualised return since its debut in May 1999.
DSP Aggressive Hybrid Fund Regular Plan Growth
With an expense ratio of 1.76 per cent, the fund has Rs 100 as the minimum investment and Rs 100 as the minimum top-up amount.
A Rs 50 lakh one-time investment in the fund has provided Rs 61,500 monthly income for 10 years, and after withdrawing that income, the remaining balance is Rs 7,53,334.
Canara Robeco Equity Hybrid Fund Regular Plan Growth Option
The fund has given 9.86 per cent annualised SIP return in the 10-year time frame.
It has an asset base of Rs 14,799 crore, while its unit price is Rs 329.25.
Benchmarked against CRISIL Hybrid 35+65 Aggressive Index, the fund has given 12.52 per cent annualised return since its starting in February 1993.
Canara Robeco Equity Hybrid Fund Regular Plan Growth Option
At an expense ratio of 1.73 per cent, the fund has Rs 5,000 as the minimum investment and Rs 1,000 as the minimum top-up.
A Rs 50 lakh one-time investment in the fund has provided Rs 61,500 monthly income for 10 years, and after withdrawing that income, the remaining balance is Rs 5,67,631.
HDFC Hybrid Equity Fund Growth Plan
The fund has given 9.67 per cent annualised SIP return in the 10-year period.
It has a fund size of Rs 23,353.84 crore, while its NAV is Rs 109.785.
Benchmarked against NIFTY 50 Hybrid Composite Debt 65:35 Index, the fund has given 15.16 per cent annualised return since its starting in April 2005.
HDFC Hybrid Equity Fund Growth Plan
With an expense ratio of 1.68 per cent, the fund has Rs 100 as the minimum investment and Rs 100 as the minimum top-up amount.
A Rs 50 lakh one-time investment in the fund has provided Rs 61,500 monthly income for 10 years, and after withdrawing that income, the remaining balance is Rs 4,71,712.
SBI Equity Hybrid Fund Regular Plan Growth
The fund has given 9.59 per cent annualised SIP return in 10 years.
Its AUM is Rs 1,906 crore, while its unit price is Rs 271.8736.
Benchmarked against CRISIL Hybrid 35+65 Aggressive Index, the fund has given 13.91 per cent annualised return since its inception in December 1995.
SBI Equity Hybrid Fund Regular Plan Growth
At an expense ratio of 1.4 per cent, the fund has Rs 1,000 as the minimum investment and Rs 1,000 as the minimum top-up amount.
A Rs 50 lakh one-time investment in the fund has provided Rs 61,500 monthly income for 10 years, and after withdrawing that income, the remaining balance is Rs 4,28,039.
Kotak Equity Hybrid Growth
The fund has given 8.93 per cent annualised SIP return in the 1-year time frame.
It has a fund size of Rs 1,769 crore, while its NAV is Rs 56.839.
Benchmarked against NIFTY 50 Hybrid Composite Debt 65:35 Index, the fund has given 12.02 per cent annualised return since its launch in November 1999.
Kotak Equity Hybrid Growth
With an expense ratio of 1.77 per cent, the fund has Rs 1000 as the minimum investment and Rs 100 as the minimum top-up amount.
A Rs 50 lakh one-time investment in the fund has provided Rs 61,500 monthly income for 10 years, and after withdrawing that income, the remaining balance is Rs 1,06,805.