Friday, January 15, 2016

Best Performing Hybrid Mutual Funds to Invest in India for 2016

 

Best Hybrid Mutual Funds - Invest Online

Hybrid mutual funds invest in both debts and equities and are classified according to the percentage of investment in each class of fund. Best performing mutual funds in this class are listed below:

Name

NAV* (Rs.)

AUM

(Rs. Cr)

Expense Ratio (%)

Average Returns (3 years) (% p.a.)

Tata Retirement Savings Fund

19.91

34.83

3.09

21.40

LIC Nomura MF Children Fund

14.27

4.57

2.45

13.96

Birla Sun Life Dynamic Asset Allocation Fund

36.42

5.08

2.85

13.26

SBI Magnum Monthly Income Plan

20.78

36.85

2.44

12.13

*NAV rates as on 26th August 2015.

LIC Nomura MF Children Fund: This is an open-ended equity-oriented hybrid fund that aims to give long term capital growth through investments predominantly in low risk debt instruments. The fund has given returns at 13.96% p.a. over the past 3 years.

Birla Sun Life Dynamic Asset Allocation Fund: This is an open-ended asset allocation hybrid fund. The fund aims to provide long term capital appreciation and income distribution while reducing volatility through investments in equities and fixed income securities. Average returns over the past 3 years have been at 13.26% p.a.

SBI Magnum Monthly Income Plan: This is an open-ended debt-oriented conservative hybrid fund. The fund seeks to offer stable income, competitive returns and liquidity and reduce interest rate risk by investing in a portfolio of fixed rate and floating rate debt, money market, equity and derivatives. It has averaged returns at 12.13% p.a. over the last 3 years.

Tata Retirement Savings Fund: This is open-ended equity-oriented hybrid mutual fund with the aim to provide long term financial stability as per investors' retirement goals. The fund has averaged returns at 21.40% p.a. over the last 3 years.

Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

Top 10 Tax Saving Mutual Funds to invest in India for 2016 or Best 10 ELSS Mutual Funds in india for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Franklin India TaxShield

4. ICICI Prudential Long Term Equity Fund

5. IDFC Tax Advantage (ELSS) Fund

6. Birla Sun Life Tax Relief 96

7. DSP BlackRock Tax Saver Fund

8. Reliance Tax Saver (ELSS) Fund

9. Religare Tax Plan

10. Birla Sun Life Tax Plan

Invest in Best Performing 2016 Tax Saver Mutual Funds Online

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