What Are The Top 11 Conservative Hybrid Mutual Funds You Should Invest This Year To Get A Higher Return?

Are you a risk-averse investor? Do you want to get a higher return than your bank fixed deposits? If your answer is yes, conservative hybrid mutual funds are the solution.

According to the SEBI, the conservative hybrid mutual fund can allocate the following:

• 75-90% of its funds are in debt instruments, including fixed deposits
• 10-25% in equities

With an investment horizon of 2-to-3 years, you can expect slightly more gains than debt investments. A conservative hybrid mutual fund allocates a small part of its corpus to the equity market, enabling them to provide you with some extra returns. 

Top 11 Conservative Hybrid Mutual Funds To Invest in 2023 For Higher Returns in The Next 2-3 Years

Here is the list of eleven conservative hybrid mutual funds that have provided decent returns in the last 5-years:

1. Kotak Debt Hybrid Fund

• This conservative hybrid mutual fund has provided an annual return of 11.04% p.a. in the last 5-years.
• Since its inception, this mutual fund has given a return of 10.5% p.a.
• According to ET Money, this mutual fund's:
  • Performance quality is excellent
  • Downside protection is good
• If you invest through Direct - Growth, you can get an additional return of up to 1.33% over Regular - Growth.

2. SBI Conservative Hybrid Fund

• This conservative hybrid mutual fund has provided an annual return of 10.25% p.a. in the last 5-years.
• Since its inception, this MF has provided a return of 9.65% p.a.
• According to ET Money, this mutual fund's:
  • Performance quality is excellent
  • Downside protection is very good
• If you invest through Direct - Growth, you can get an additional return of up to 0.54% over Regular - Growth.

3. HDFC Hybrid Debt Fund

• HDFC Hybrid Debt mutual fund has provided an annual return of 9.99% p.a. in the last 5 years.
• Since its inception, this mutual fund has given a return of 9.55% p.a.
• According to ET Money, this mutual fund's:
  • Performance quality is very good
  • Downside protection is good
• If you invest through Direct - Growth, you can get an additional return of up to 0.5% over Regular - Growth.

4. Aditya Birla Sun Life Regular Savings Fund

• Aditya Birla Sun Life Regular Savings Fund has provided an annual return of 9.38% p.a. in the last 5 years.
• Since its inception, it has provided a return of 10.44% p.a.
• According to ET Money, this mutual fund's:
  • Performance quality is excellent
  • Downside protection is good
• If you invest through Direct - Growth, you can get an additional return of up to 0.93% over Regular - Growth.

5. Canara Robeco Conservative Hybrid Fund

• Canara Robeco Conservative Hybrid mutual fund has provided an annual return of 9.17% p.a. in the last 5 years.
• Since its inception, it has provided a return of 9.59% p.a.
• According to ET Money, this mutual fund's:
  • Performance quality is very good
  • Downside protection is good
• If you invest through Direct - Growth, you can get an additional return of up to 1.22% over Regular - Growth.

Also Read: These 8 Stocks Are Popular Among Conservative Hybrid Mutual Funds: Do You Hold Any?

6. ICICI Prudential Regular Savings Fund

• ICICI Prudential Regular Savings mutual fund has provided an annual return of 9.03% p.a. in the last 5 years.
• Since its inception, it has provided a return of 10.37% p.a.
• According to ET Money, this mutual fund's:
  • Performance quality is very good
  • Downside protection is very good
• If you invest through Direct - Growth, you can get an additional return of up to 0.74% over Regular - Growth.

7. UTI Regular Savings Fund

• UTI Regular Savings mutual fund has provided an annual return of 8.41% p.a. in the last 5 years.
• Since its inception, it has provided a return of 9.29% p.a.
• According to ET Money, this mutual fund's:
  • Performance quality is very good
  • Downside protection is good
• If you invest through Direct - Growth, you can get an additional return of up to 0.59% over Regular - Growth.

8. HSBC Conservative Hybrid Fund

• HSBC Conservative Hybrid mutual fund has provided an annual return of 8.02% p.a. in the last 5 years.
• Since its inception, it has provided a return of 8.45% p.a.
• According to ET Money, this mutual fund's:
  • Performance quality is good
  • Downside protection is poor
• If you invest through Direct - Growth, you can get an additional return of up to 0.79% over Regular - Growth.

9. Sundaram Debt-Oriented Hybrid Fund

• Sundaram Debt Oriented Hybrid mutual fund has provided an annual return of 8.01% p.a. in the last 5 years.
• Since its inception, it has provided a return of 8.1% p.a.
• According to ET Money, this mutual fund's:
  • Performance quality is good
  • Downside protection is good
• If you invest through Direct - Growth, you can get an additional return of up to 0.91% over Regular - Growth.

10. Axis Regular Saver Fund

• Axis Regular Saver mutual fund has provided an annual return of 7.7% p.a. in the last 5 years.
• Since its inception, it has provided a return of 8.88% p.a.
• According to ET Money, this mutual fund's:
  • Performance quality is good
  • Downside protection is poor
• If you invest through Direct - Growth, you can get an additional return of up to 1.32% over Regular - Growth.

11. Baroda BNP Paribas Conservative Hybrid Fund

• Baroda BNP Paribas Conservative Hybrid mutual fund has provided an annual return of 7.58% p.a. in the last 5 years.
• Since its inception, it has provided a return of 9.26% p.a.
• According to ET Money, this mutual fund's:
  • Performance quality is poor
  • Downside protection is good
• If you invest through Direct - Growth, you can get an additional return of up to 1.36% over Regular - Growth.

Also Read: Top 5 Mutual Funds That Have Given 20% Return Last Year

Final Words

Some more conservative hybrid mutual funds can yield higher returns than debt instruments. You may also explore these hybrid funds such as DSP Regular Savings Fund, Bandhan Regular Savings Fund, Nippon India Hybrid Bond Fund, Franklin India Debt Hybrid Fund, LIC MF Debt Hybrid Fund, and many more.

Also Watch: Hybrid Funds Vs. Debt Funds For SWP Set Up: Which One Is Better?

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