Best Aggressive Hybrid Funds in India (2026)
Live · updated 2026-09-16 Ranked by data, refreshed from daily NAVs
This is the complete, data-ranked list of aggressive hybrids we track - every Direct-Growth scheme in the category with a meaningful track record, ordered by long-term quality (King Score). This page is recomputed from NAV data every day, so it cannot go stale, and every fund on it links to a full research page with returns, risk, SIP outcomes, holdings and manager track record.
Tap any column heading to sort. Every fund name links to its full review.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | HSBC Aggressive Hybrid Fund | 90 | 95 | 3.0% | 10.8% | 4.9% | 12.6% | n/a | n/a | 0.43 | 15.7% | -19.6% |
| 2 | Edelweiss Aggressive Hybrid Fund | 69 | 90 | 0.8% | 4.8% | 1.5% | 12.4% | 12.9% | 13.4% | 0.52 | 15.8% | -28.6% |
| 3 | ICICI Prudential Equity & Debt Fund | 56 | 89 | -0.3% | 2.2% | -0.2% | 12.4% | 14.2% | 15.0% | 0.56 | 18.3% | -30.7% |
| 4 | Bandhan Aggressive Hybrid Fund | 88 | 88 | 2.1% | 8.8% | 6.0% | 13.5% | 11.2% | n/a | 0.56 | 15.5% | -31.6% |
| 5 | SBI Equity Hybrid Fund | 68 | 87 | -0.5% | 5.4% | 2.5% | 10.9% | 9.3% | 12.1% | 0.45 | 14.0% | -27.5% |
| 6 | Kotak Aggressive Hybrid Fund | 74 | 83 | 0.7% | 7.1% | 2.8% | 12.1% | 11.8% | 13.3% | 0.46 | 15.9% | -32.1% |
| 7 | Navi Aggressive Hybrid Fund | 98 | 82 | 3.5% | 11.9% | 8.1% | 11.3% | 11.0% | n/a | 0.41 | 14.6% | -30.6% |
| 8 | Baroda BNP Paribas Aggressive Hybrid Fund | 61 | 81 | -0.1% | 3.8% | 0.0% | 10.3% | n/a | n/a | 0.36 | 15.7% | -12.9% |
| 9 | Mahindra Manulife Aggressive Hybrid Fund | 39 | 81 | -0.8% | 1.4% | -3.7% | 10.6% | 11.1% | n/a | 0.37 | 19.5% | -25.4% |
| 10 | quant Aggressive Hybrid Fund | 86 | 79 | -1.3% | 9.9% | 8.1% | 12.1% | 12.3% | 15.9% | 0.42 | 16.3% | -28.7% |
| 11 | Bank Of India Mid & Small Cap Equity & Debt Fund | 99 | 78 | 4.0% | 17.3% | 13.7% | 16.4% | 14.1% | 16.2% | 0.64 | 20.4% | -36.6% |
| 12 | Canara Robeco Equity Hybrid Fund | 64 | 78 | 0.3% | 4.2% | 0.6% | 10.0% | 8.9% | 12.5% | 0.31 | 14.7% | -25.7% |
| 13 | Union Aggressive Hybrid Fund | 72 | 76 | 1.9% | 5.1% | 1.8% | 9.7% | 8.7% | n/a | 0.29 | 14.2% | -15.1% |
| 14 | Mirae Asset Aggressive Hybrid Fund | 65 | 76 | 0.1% | 3.1% | 2.4% | 10.2% | 9.5% | 13.0% | 0.33 | 14.9% | -29.0% |
| 15 | JM Aggressive Hybrid Fund (Direct) | 84 | 73 | 4.1% | 7.2% | -0.9% | 12.3% | 12.7% | 12.7% | 0.44 | 14.7% | -36.6% |
The category returns: 1 month to 10 years𝕏 Share this statWhatsApp
Over the last 1 year, the category averaged 0.7% - the best, Bank Of India Mid & Small Cap Equity & Debt Fund, returned 13.7% while the weakest managed -6.4%. That spread is why picking within the category matters. Over 10 years the average compounding rate is 12.1% a year, which turned ₹1 lakh into about ₹313,400.
| Period | Average | Median | Best fund | Weakest |
|---|---|---|---|---|
| 1 month | -3.1% | -3.3% | Bank Of India Mid & Small Cap Equity & Debt Fund (-0.4%) | -4.5% |
| 3 months | 0.7% | 0.2% | JM Aggressive Hybrid Fund (Direct) (4.1%) | -1.6% |
| 6 months | 5.0% | 3.9% | Bank Of India Mid & Small Cap Equity & Debt Fund (17.3%) | 0.2% |
| 1 year | 0.7% | -0.2% | Bank Of India Mid & Small Cap Equity & Debt Fund (13.7%) | -6.4% |
| 3 years (CAGR) | 10.4% | 10.2% | Bank Of India Mid & Small Cap Equity & Debt Fund (16.4%) | 5.8% |
| 5 years (CAGR) | 10.0% | 9.4% | ICICI Prudential Equity & Debt Fund (14.2%) | 6.5% |
| 10 years (CAGR) | 12.1% | 12.1% | Bank Of India Mid & Small Cap Equity & Debt Fund (16.2%) | 9.5% |
Averages across every qualifying fund, refreshed daily. Best-fund links open that fund's full review.
What ₹1 lakh became
The same returns, translated into money - at the average pace and at the best fund's pace:
| Held for | Average pace | ₹1 lakh → (average) | ₹1 lakh → (best fund) |
|---|---|---|---|
| 1 year | 0.7% a year | ₹100,700 | ₹113,700 |
| 3 years | 10.4% a year | ₹134,600 | ₹157,700 |
| 5 years | 10.0% a year | ₹161,100 | ₹194,200 |
| 10 years | 12.1% a year | ₹313,400 | ₹448,800 |
Pre-tax, from historical returns. The averages smooth over a very bumpy ride - see the worst-fall column in the ranking above for what the journey involved.
The category by the numbers
| Funds that qualify | 29 |
| Combined assets | ₹251,895 Cr |
| Average 3-year return | 10.4% a year (best 16.4%, weakest 5.8%) |
| Average 5-year return | 10.0% a year |
| Average worst-ever fall | -28.6% (deepest: -42.4%) |
| Average expense ratio (Direct) | 0.82% |
| Largest fund by assets | SBI Equity Hybrid Fund (₹84,010 Cr) |
Put the risk number in rupees: at the average worst fall of -28.6%, ₹1 lakh temporarily becomes about ₹71,400. That is the stretch every ranked fund's investors had to sit through at some point - the ranking rewards the funds that made that wait worthwhile.
Momentum check: what is hot right now
As of 2026-09-16, 3 of the 29 funds here rate RS 90 or above (top-decile recent momentum versus peers). The strongest momentum belongs to Bank Of India Mid & Small Cap Equity & Debt Fund (RS 99/99). Average return over the last 3 months: 0.7%; over 6 months: 5.0%. Momentum is a snapshot, not a ranking criterion here - but it tells you whether this corner of the market is currently in favour.
Before you pick a aggressive hybrid fund: four checks
- Open the fund's page and look at the worst-fall figure in rupees - decide whether you could genuinely sit through it without selling.
- Check the rolling-return consistency, not just the trailing return: a fund that delivered in most windows beats one lucky streak.
- Compare its expense ratio against the category average shown above - a persistent 0.5% cost gap compounds into lakhs over decades.
- If you already own funds in this category, check the portfolio overlap section on the fund page - two funds owning the same stocks is one bet, not two.
Filter the entire Indian mutual fund universe by 40+ metrics - returns, consistency, drawdown, RS Rating, King Score, cost - then chart, compare and backtest anything you find.
How to read the table
RS (1-99) is recent momentum versus category peers - 99 is the hottest right now. King (0-100) is the long-term quality composite this list is ranked by. 3M/6M are recent returns; 3Y and 5Y CAGR are annualised longer records. Sharpe is return earned per unit of volatility - higher means smoother compounding. Roll 3Y is the median of every 3-year holding period in the fund's history, the fairest single return number a fund has. Worst fall is the deepest peak-to-bottom loss ever - the number that tests whether you would have stayed invested. Missing values show as n/a, usually because the fund is too young for that measurement.
The top 10, decoded𝕏 Share this statWhatsApp
- HSBC Aggressive Hybrid Fund (Aggressive Hybrid Fund) - King Score 95/100, RS 90/99 right now. 3-year return 12.6% a year, against a worst-ever fall of 19.6% (₹1 lakh briefly ₹80,400). Median 3-year rolling return 15.7%, sharpe 0.43.
- Edelweiss Aggressive Hybrid Fund (Aggressive Hybrid Fund) - King Score 90/100, RS 69/99 right now. 3-year return 12.4% a year, against a worst-ever fall of 28.6% (₹1 lakh briefly ₹71,400). 5-year pace 12.9% a year, median 3-year rolling return 15.8%, sharpe 0.52.
- ICICI Prudential Equity & Debt Fund (Aggressive Hybrid Fund) - King Score 89/100, RS 56/99 right now. 3-year return 12.4% a year, against a worst-ever fall of 30.7% (₹1 lakh briefly ₹69,300). 5-year pace 14.2% a year, median 3-year rolling return 18.3%, sharpe 0.56.
- Bandhan Aggressive Hybrid Fund (Aggressive Hybrid Fund) - King Score 88/100, RS 88/99 right now. 3-year return 13.5% a year, against a worst-ever fall of 31.6% (₹1 lakh briefly ₹68,400). 5-year pace 11.2% a year, median 3-year rolling return 15.5%, sharpe 0.56.
- SBI Equity Hybrid Fund (Aggressive Hybrid Fund) - King Score 87/100, RS 68/99 right now. 3-year return 10.9% a year, against a worst-ever fall of 27.5% (₹1 lakh briefly ₹72,500). 5-year pace 9.3% a year, median 3-year rolling return 14.0%, sharpe 0.45.
- Kotak Aggressive Hybrid Fund (Aggressive Hybrid Fund) - King Score 83/100, RS 74/99 right now. 3-year return 12.1% a year, against a worst-ever fall of 32.1% (₹1 lakh briefly ₹67,900). 5-year pace 11.8% a year, median 3-year rolling return 15.9%, sharpe 0.46.
- Navi Aggressive Hybrid Fund (Aggressive Hybrid Fund) - King Score 82/100, RS 98/99 right now. 3-year return 11.3% a year, against a worst-ever fall of 30.6% (₹1 lakh briefly ₹69,400). 5-year pace 11.0% a year, median 3-year rolling return 14.6%, sharpe 0.41.
- Baroda BNP Paribas Aggressive Hybrid Fund (Aggressive Hybrid Fund) - King Score 81/100, RS 61/99 right now. 3-year return 10.3% a year, against a worst-ever fall of 12.9% (₹1 lakh briefly ₹87,100). Median 3-year rolling return 15.7%, sharpe 0.36.
- Mahindra Manulife Aggressive Hybrid Fund (Aggressive Hybrid Fund) - King Score 81/100, RS 39/99 right now. 3-year return 10.6% a year, against a worst-ever fall of 25.4% (₹1 lakh briefly ₹74,600). 5-year pace 11.1% a year, median 3-year rolling return 19.5%, sharpe 0.37.
- quant Aggressive Hybrid Fund (Aggressive Hybrid Fund) - King Score 79/100, RS 86/99 right now. 3-year return 12.1% a year, against a worst-ever fall of 28.7% (₹1 lakh briefly ₹71,300). 5-year pace 12.3% a year, median 3-year rolling return 16.3%, sharpe 0.42.
Frequently asked questions
Which is the best aggressive hybrid fund right now?
On our data-driven ranking as of 2026-09-16, HSBC Aggressive Hybrid Fund scores highest (King Score 95/100). That is a description of its record versus peers, not a recommendation - rankings move as NAVs update, and the right fund depends on your goals and risk tolerance.
Are aggressive hybrid funds risky?
The category's numbers answer this better than adjectives: the average fund here has seen a worst-ever fall of -28.6%, and the deepest fall in the category is -42.4%. If a temporary loss of that size would make you sell, this category (or its allocation size in your portfolio) deserves a rethink. Risk here is not hypothetical - it is a matter of record.
What returns have aggressive hybrid funds given historically?
Across the 29 funds we track in this category, the average 3-year return is 10.4% a year, with the best at 16.4% and the weakest at 5.8%. Over 5 years the category average is 10.0% a year. These are records, not projections - the next three years owe nothing to the last three.
What is the average 1-year return of aggressive hybrid funds right now?
As of 2026-09-16, the 29 qualifying funds averaged 0.7% over the last year (median -0.2%). The best, Bank Of India Mid & Small Cap Equity & Debt Fund, returned 13.7%; the weakest returned -6.4%. One year is weather, not climate - check the 5 and 10 year columns before drawing conclusions.
Which aggressive hybrid fund gave the highest return in the last 10 years?
Bank Of India Mid & Small Cap Equity & Debt Fund leads with 16.2% a year over 10 years - ₹1 lakh became about ₹448,800 pre-tax. The average across funds with a 10-year record is 12.1% a year. A decade-long record says a lot about the past and nothing certain about the next decade.
How is this list ranked?
Funds are ordered by King Score - a 0-100 composite of 3-year returns, rolling consistency, worst drawdown and Sharpe, each measured against category peers. The full formulas are public - see our methodology page. No fund pays to be here and rankings cannot be bought.
Should I invest in the #1 fund on this list?
We cannot tell you that - MF Terminal is descriptive research, not investment advice. A top rank says the past record was strong versus peers. Read the fund's full page, check the drawdowns you would have to sit through, and decide against your own horizon.
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All figures pre-tax, from AMFI NAV history. Rankings are descriptive and change with the data. Nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.