These 7 equity hybrid mutual funds gave over 35% returns in FY24
There are around 116 equity-oriented hybrid funds in the market. Around 90 schemes offered double-digit returns, according to data pulled from ACE MF.
2 JM Aggressive Hybrid Fund
This aggressive hybrid scheme topped the returns chart offering 48.98% in FY2024. The scheme is benchmarked against CRISIL Hybrid 35+65 - Aggressive Index, which gave 27.27% returns in FY24.This aggressive hybrid scheme topped the returns chart offering 48.98% in FY2024. The scheme is benchmarked against CRISIL Hybrid 35+65 - Aggressive Index, which gave 27.27% returns in FY24.
3 Bank of India Mid & Small Cap Equity & Debt Fund
The scheme gave 46.02% in FY24. It is benchmarked against Nifty MidSmallcap 400 - TRI, which gave 59.75% during the period.