Coming to performance of funds in this category, over a period of 10 years till August 2, 2021, 11 funds in this category with a history of 10 years have delivered 13.22 per cent annualized on an average.
Synopsis
In the AHF (aggressive hybrid funds) category, the average annualised return over 10 years is 11.99 per cent, which is the crux of the debate i.e. 11.99 per cent is better than 11.05 per cent of BAF (balanced advantage funds).
Trainer, Author, Columnist, wiseinvestor.in
Joydeep has over 25 years of experience in the financial services industry in roles spanning research and advisory. Currently he is on his own, working as a corporate trainer. He has authored four books on fixed income investing and wealth management, which have received accolades from the fraternity. Joydeep writes columns regularly in various financial publications. He is a thought leader in fixed income investing. He runs his own portal wiseinvestor.in.
mutual funds: Hybrid Funds vs Balanced Advantage Funds: Which one to go with? indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
February 19, 2021
×
The recent run-up in cyclical stocks and PSUs has turned out to be a money-spinner for most leading mutual funds which have turned bullish on these stocks since last October. For instance, ICICI Prudential Mutual Fund had bought NTPC, ONGC and GAIL among others stocks since late last year.
From a low of ₹65 in October, ONGC has almost doubled to ₹111 while NTPC and GAIL were up 17 per cent and 68 per cent to ₹103 and ₹143 a share.
ICICI Prudential Equity & Debt Fund, Multi-Asset Fund and India Opportunities Fund had an exposure of 5-6 per cent to ONGC.
Similarly, these schemes have exposure of 7-9.2 per cent towards NTPC. Many schemes of HDFC Asset Management Company, Nippon India MF and Franklin Templeton India had turned positive on cyclical stocks.