Special MF Report - Detailed Hybrid Funds Returns Analysis by Sub Fund Type as on Aug 16, 2024

 

Commentary:

1. This special MF report is taken once a month. It is to track Hybrid Funds performance by all the subtypes.

There are different types of hybrid funds with different risk appetite. While aggressive, multi asset allocation, and dynamic asset allocation fund types have maximum equity exposure, the balanced hybrid funds have moderate, and the rest which are hybrid conservative, hybrid equity savings types have much lesser equity exposure. The Hybrid Arbitrage type has the lowest equity exposure, and is considered for returning slightly higher return than debt funds.  The returns of hybrid funds reduce as the equity exposure reduces, which you can check in the average return by fund type above.

2. Please refer to the earlier such report at:

https://natsfuncorner.blogspot.com/2024/06/specialmf-report-top-hybrid-funds-by.html

3. Looking at the performance summary by sub type: Hybrid Agressive MF is on the top of the list, followed by Balanced Hybrid MF followed by Dynamic Asset Allocation and Multi Asset Allocation.

4. The bottom three fund types are the conservative ones, Conservative Hybrid followed by Equity Savings followed by Hybrid Arbitrage at the bottom.

5. One can notice that thru the recent equity correction phase, the Hybrid Aggressive followed by Multi Asset Allocation types performed sub par in the last one month. Correction in the commodity (Gold and Sliver) was also the reason for the Multi Asset sub par performance.

6. One would use different types of hybrid funds depending on one's risk reward appetite. However, in the last few years, hybrid fund is unable to supecede equity fund performance as such a bearish sentiment has not yet come on equities in these years.

7. In the detailed performance analysis discussions below, by sub type, the color green or amber does not mean automatic investment recommendation. It simply means which funds stand out by consistent performance, that is all. The one on the green are those with above average return in all timelines 1M thru 1Y, and the one in Amber are also the same except missing above average return for one timeline alone.

8. Performance by sub type

8.1. Aggressive Hybrid:

8.2. Balanced Hybrid:

8.3. Dynamic Asset Allocation:

8.4. Multi-Asset Allocaiton

8.5. Conservative Hybrid

8.6. Equity Savings

8.7. Arbitrage

Disclaimer:

- This is not a solicitation for mutual fund investment nor an advice. It is only an insight to help investment decisions based on the free MF performance data downloaded from Value Research. Investment decisions are only yours to make.

- Mutual fund investments are subjected to market risk. Read the propsectus of a mutual fund for all the risk information associated prior to investment.

- The author can not be responsible for the ommissions or errors in the data from Value Research or the data processing errors if any by the author.

- All your investment decisions need to be based on your decision finally, with no blame to anyone else later.