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They don’t make headlines like flexi-cap or multi-asset funds, but aggressive hybrid funds are proving their worth. We crunched the numbers and found five that delivered outstanding 10-year SIP returns. Find out which fund topped the list, what stocks they hold and why they’re a perfect fit for first-time investors.
Aggressive hybrid funds don’t always steal the spotlight. They don’t get as much attention as their cousins—balanced advantage or multi-asset funds. But for investors seeking steady, low-maintenance wealth creation, they often deliver quietly and effectively.
Aggressive hybrid funds invest 65–80 per cent in equities and the rest in debt instruments, combining equity-like growth potential with a debt cushion. Think of them as a built-in combo of a flexi-cap fund and a short-duration fund, with the added bonus of automatic rebalancing.
And over time, especially when invested through SIPs, they’ve shown they can go toe-to-toe with even pure equity funds. We dug into the data and found five aggressive hybrid funds that delivered strong 10-year SIP returns, with the best clocking in at over 19 per cent.
Let’s count them down—from #5 to the top performer.
#5 DSP Aggressive Hybrid Fund (Direct plan)
- 10-year SIP return: 15.42 per cent
- Assets under management (AUM): Rs 11,418 crore
- Expense ratio: 0.65 per cent
Top 5 stock holdings
| Stock | % of assets |
|---|---|
| HDFC Bank | 7.49 |
| ICICI Bank | 4.92 |
| SBI Life Insurance | 3.72 |
| Mahindra & Mahindra | 3.67 |
| Axis Bank | 2.91 |
#4 Kotak Aggressive Hybrid Fund (Direct plan)
- 10-year SIP return: 16.51 per cent
- Assets under management (AUM): Rs 7,808 crore
- Expense ratio: 0.47 per cent
Top 5 stock holdings
| Stock | % of assets |
|---|---|
| Bharti Airtel | 4.66 |
| HDFC Bank | 4.41 |
| Fortis Healthcare | 3.04 |
| Eternal (Zomato) | 2.87 |
| Ultratech Cement | 2.78 |
#3 JM Aggressive Hybrid Fund (Direct plan)
- 10-year SIP return: 17.46 per cent
- Assets under management (AUM): Rs 822 crore
- Expense ratio: 0.54 per cent
Top 5 stock holdings
| Stock | % of assets |
|---|---|
| Bharti Airtel | 4.97 |
| Larsen & Toubro | 3.96 |
| Bajaj Finance | 3.85 |
| HDFC Bank | 3.78 |
| Tech Mahindra | 3.54 |
#2 ICICI Prudential Equity & Debt Fund (Direct plan)
- 10-year SIP return: 18.84 per cent
- Assets under management (AUM): Rs 44,552 crore
- Expense ratio: 0.96 per cent
Top 5 stock holdings
| Stock | % of assets |
|---|---|
| ICICI Bank | 6.06 |
| NTPC | 5.61 |
| Maruti Suzuki | 4.77 |
| Sun Pharma | 4.41 |
| HDFC Bank | 4.35 |
#1 Quant Aggressive Hybrid Fund (Direct plan)
- 10-year SIP return: 19.05 per cent
- Assets under management (AUM): Rs 2,170 crore
- Expense ratio: 0.68 per cent
Top 5 stock holdings
| Stock | % of assets |
|---|---|
| Reliance Industries | 9.75 |
| Jio Financial | 7.88 |
| Larsen & Toubro | 6.71 |
| Life Insurance | 6.67 |
| Britannia Industries | 5.95 |
The top 5 aggressive hybrid funds
| Fund name | 10Y SIP return | Value Research rating |
|---|---|---|
| Quant Aggressive Hybrid Fund | 19.05% | ★★★ |
| ICICI Pru Equity & Debt Fund | 18.84% | ★★★★★ |
| JM Aggressive Hybrid Fund | 17.46% | ★★★★★ |
| Kotak Aggressive Hybrid Fund | 16.51% | ★★★★ |
| DSP Aggressive Hybrid Fund | 15.42% | ★★★★ |
| Returns are for direct plans | ||
Why these funds are great for first-time investors
If you're new to mutual funds, aggressive hybrid funds offer a smart, balanced entry point. Here's why:
- Built-in diversification: You get exposure to both equity and debt without needing two separate funds
- Lower volatility than pure equity funds: The debt portion cushions market falls
- Automatic rebalancing: You don’t need to time the market or adjust allocations manually
- High growth over time: As this list shows, the long-term SIP returns can be impressive
Thinking of starting a Rs 10,000 SIP?
Before you choose a fund, check this out: The Value Research Fund Advisor team has handpicked aggressive hybrid funds that blend equity growth with debt stability—ideal for first-time investors and those seeking balanced, long-term wealth creation.
These aren’t just high-return stories. They’re backed by decades of research, performance analysis and practical insights.
See our top-rated fund picks now.
Disclaimer: This content is for information only and should not be considered investment advice or a recommendation.
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