Fund Analyst's Choice: Four aggressive hybrid funds you can consider adding to your portfolio

Aggressive hybrid funds allocate around 65-80 per cent of the investors' money in equities and the rest in debt. They are an ideal choice for conservative investors since it has a decent allocation to equity, helping earn high returns, while the debt portion provides a safety net in case of market downturns. Below is a list of a few aggressive funds handpicked by our analysts. DSP Equity & Bond Fund philosophy The fund invests in both equity and debt, with a 70-75 per cent equity allocation and the rest in debt. Since March 2024, Abhishek Singh has been managing the equity part, whose investment style has a value bias. Performance While DSP Equity & Bond's 2023 performance was in the top-quartile, 2024 has been off to a less promising start. The underperformance so far has been widespread and not limited to a select few stocks. Consumer Staples and Financials have been particularly gruesome. Meanwhile, IT and Healthcare have been the redeemers. Notable mentions As per our conversation with Singh, investors should expect the fund to have a more concentrated portfolio and a reduced mid- and small-cap allocation with about 70-75 per cent of the money in large-cap companies. Our take Investors should have faith in DSP's investment process, which has resulted in the fund consistently delivering over the long term. However, we will continue to monitor the fund's progress under Singh's management. ICICI Prudential Equity & Debt Fund philosophy The equity-debt allocation is managed actively by this fund, while the equity portion spans large-, mid-, and small-cap companies. The stock pickings take a contrarian approach, aiming to capitalise on market cycles while remaining sector-agnostic. On the debt side, while ICICI Prudential Equity & Debt is willing to be tactical with duration, it remains conscious of credit quality, investing in bonds rated