HDFC Hybrid Equity Fund: A good balance between returns and safety

HDFC Hybrid Equity Fund, launched in September 2000, has featured in the top 30 percentile of the aggressive hybrid fund category of CRISIL Mutual Fund Ranking (CMFR) for three consecutive quarters through March 2023.

Chirag Setalvad and Anupam Joshi have been managing the fund since April 2007 and October 2022, respectively.

The scheme’s investment objective is to generate capital appreciation/income from a portfolio, predominantly comprising equity and equity-related instruments.

The scheme also invests in debt and money-market instruments.

Trailing returns

The fund has consistently outperformed the benchmark (CRISIL Hybrid 35+65 — Aggressive Index) and its peers (funds ranked under the