How to balance your risks in equity mutual funds via aggressive hybrid schemes? Here are 5 schemes worth considering

Aggressive hybrid mutual funds invest 65-80% of total assets in equity and equity-related instruments and 20-35% in debt. They are less risky than pure hybrid funds. Here are five best-performing aggressive hybrid mutual funds over the past five years: Quant Absolute Fund Direct-Growth Fund, JM Equity Hybrid Fund Direct-Growth Fund, ICICI Prudential Equity & Debt Fund Direct-Growth Fund, Kotak Equity Hybrid Fund Direct-Growth Fund, and HDFC Retirement Savings Fund – Hybrid Equity Plan Direct-Growth Fund. The expense ratio for ICICI and HDFC funds was 1.2% and 1.03%, respectively, while that for the other three was 0.58%-1.37%.