In relation to long-term wealth creation, hybrid mutual funds have emerged as one of the vital constant performers. By mixing fairness for development and debt for stability, these funds have delivered spectacular outcomes over time. Over the past 15 years, some hybrid funds have turned a modest funding of ₹1 Lakh into as a lot as ₹8.5 Lakhs — an astonishing 428% to 754% absolute return. On this article, we spotlight what makes hybrid mutual funds distinctive, the choice standards, and the 10 finest hybrid mutual funds which have created distinctive wealth during the last 15 years.
Earlier we analysed 10 Hybrid Mutual Funds That Outperformed with 172% to 250% Absolute Returns in 5 Years.
What Are Hybrid Mutual Funds?
Hybrid mutual funds make investments throughout a number of asset lessons – primarily fairness, debt, and generally gold. This diversification helps buyers take pleasure in regular returns whereas minimizing danger.
The most important classes embrace:
- Aggressive Hybrid Funds: Make investments 65% to 80% in fairness and the remaining in debt.
- Balanced Benefit Funds: Dynamically swap between fairness and debt relying on market circumstances.
- Multi Asset Funds: Spend money on a mixture of fairness, debt, and gold (and generally worldwide property).
- Conservative Hybrid Funds: Allocate a better portion in debt and a smaller portion in fairness.

How We Shortlisted These Funds
For this evaluation:
- Thought-about all hybrid classes with a monitor file of 15 years or extra.
- Evaluated based mostly on CAGR (Compound Annual Progress Charge) and absolute returns from 2009 to 2025 (15 years).
- Thought-about solely common plans in mutual funds as direct plans got here solely from 2013 onwards.
- Information supply: Worth Analysis / Moneycontrol as of 4-Nov-2025.
Prime 10 Hybrid Mutual Funds That Outperformed in 15 Years
Under are the highest performers based mostly on their 15-year CAGR and corresponding absolute returns.
| Fund Title | 15-Yr CAGR | Absolute Returns | ₹1 Lakh Would Have Grown To |
|---|---|---|---|
| ICICI Prudential Fairness & Debt Fund | 15.3% | 754% | ₹8.54 Lakhs |
| ICICI Prudential Multi Asset Fund | 14.1% | 640% | ₹7.40 Lakhs |
| Quant Multi Asset Allocation Fund | 14.0% | 634% | ₹7.34 Lakhs |
| HDFC Youngsters’s Present Fund | 13.7% | 612% | ₹7.12 Lakhs |
| Quant Aggressive Hybrid Fund | 13.3% | 584% | ₹6.84 Lakhs |
| HDFC Balanced Benefit Fund | 13.1% | 573% | ₹6.73 Lakhs |
| HDFC Hybrid Fairness Fund | 12.7% | 546% | ₹6.46 Lakhs |
| Kotak Multi Asset Omni FoF | 12.7% | 546% | ₹6.46 Lakhs |
| Canara Robeco Fairness Hybrid Fund | 12.5% | 428% | ₹5.28 Lakhs |
| SBI Fairness Hybrid Fund | 12.3% | 428% | ₹5.28 Lakhs |
Deep Dive: Prime 10 Hybrid Mutual Funds in 15 Years
1. ICICI Prudential Fairness & Debt Fund
Fund Goal: Invests predominantly in fairness (65-80%) and the remaining in debt, providing long-term capital appreciation with stability.
Efficiency Snapshot:
- 3-Yr CAGR: 19.1%
- 5-Yr CAGR: 26.1%
- 10-Yr CAGR: 16.0%
- 15-Yr CAGR: 15.3%
- Absolute Returns: ~754%
- ₹1 Lakh Turned: ₹8.54 Lakhs
Excellent For:
- Traders in search of constant development with reasonable danger.
- Lengthy-term buyers in search of a confirmed performer.
Dangers:
- Fairness market fluctuations.
- Quick-term volatility on account of larger inventory publicity.
This fund additionally listed in our earlier article of 10 Hybrid Mutual Funds That Outperformed with 290% to 420% Absolute Returns in 10 Years.
2. ICICI Prudential Multi Asset Fund
Fund Goal: Diversifies investments throughout fairness, debt, and commodities like gold for a balanced return profile.
Efficiency Snapshot:
- 3-Yr CAGR: 19.6%
- 5-Yr CAGR: 25.1%
- 10-Yr CAGR: 15.9%
- 15-Yr CAGR: 14.1%
- Absolute Returns: ~640%
- ₹1 Lakh Turned: ₹7.40 Lakhs
Excellent For:
- Traders in search of publicity to a number of asset lessons.
Dangers:
- Commodity cycles and rate of interest sensitivity.
3. Quant Multi Asset Allocation Fund
Fund Goal: Invests dynamically throughout fairness, debt, and gold for superior diversification and tactical benefit.
Efficiency Snapshot:
- 3-Yr CAGR: 20.9%
- 5-Yr CAGR: 26.1%
- 10-Yr CAGR: 17.6%
- 15-Yr CAGR: 14.0%
- Absolute Returns: ~634%
- ₹1 Lakh Turned: ₹7.34 Lakhs
Excellent For:
- Aggressive buyers in search of lively asset allocation.
Dangers:
- Volatility on account of dynamic portfolio shifts.
This fund is amongst 5 Greatest Mutual Funds to put money into 2025 (as per Chat GPT).
4. HDFC Youngsters’s Present Fund
Fund Goal: Designed for long-term objectives like youngster schooling or marriage with a hybrid asset combine.
Efficiency Snapshot:
- 3-Yr CAGR: 15.0%
- 5-Yr CAGR: 18.3%
- 10-Yr CAGR: 13.5%
- 15-Yr CAGR: 13.7%
- Absolute Returns: ~612%
- ₹1 Lakh Turned: ₹7.12 Lakhs
Excellent For:
- Dad and mom planning for long-term monetary objectives.
Dangers:
- Barely conservative in comparison with aggressive hybrid funds.
5. Quant Aggressive Hybrid Fund
Fund Goal: Focuses on excessive fairness allocation to attain superior long-term development.
Efficiency Snapshot:
- 3-Yr CAGR: 11.9%
- 5-Yr CAGR: 21.7%
- 10-Yr CAGR: 15.8%
- 15-Yr CAGR: 13.3%
- Absolute Returns: ~584%
- ₹1 Lakh Turned: ₹6.84 Lakhs
Excellent For:
- Aggressive buyers in search of larger capital appreciation.
Dangers:
- Excessive publicity to fairness market volatility.
6. HDFC Balanced Benefit Fund
Fund Goal: Makes use of a dynamic allocation mannequin between fairness and debt to handle danger and ship regular returns.
Efficiency Snapshot:
- 3-Yr CAGR: 18.6%
- 5-Yr CAGR: 23.9%
- 10-Yr CAGR: 14.4%
- 15-Yr CAGR: 13.1%
- Absolute Returns: ~573%
- ₹1 Lakh Turned: ₹6.73 Lakhs
Excellent For:
- Traders preferring stability with reasonable fairness publicity.
Dangers:
- Might underperform throughout sturdy fairness bull markets.
We analysed this fnd amongst 5 Greatest Balanced Mutual Funds to Spend money on 2025 Based mostly on Rolling Returns.
7. HDFC Hybrid Fairness Fund
Fund Goal: Balanced mixture of fairness and debt for regular long-term returns.
Efficiency Snapshot:
- 3-Yr CAGR: 12.6%
- 5-Yr CAGR: 17.2%
- 10-Yr CAGR: 12.3%
- 15-Yr CAGR: 12.7%
- Absolute Returns: ~546%
- ₹1 Lakh Turned: ₹6.46 Lakhs
Excellent For:
- Reasonable buyers in search of a time-tested fund.
Dangers:
- Fairness market and rate of interest sensitivity.
8. Kotak Multi Asset Omni FoF
Fund Goal: Invests in fairness, debt, and gold funds to offer a diversified development alternative.
Efficiency Snapshot:
- 3-Yr CAGR: 20.0%
- 5-Yr CAGR: 20.5%
- 10-Yr CAGR: 15.2%
- 15-Yr CAGR: 12.7%
- Absolute Returns: ~546%
- ₹1 Lakh Turned: ₹6.46 Lakhs
Excellent For:
- Traders in search of all-in-one diversification.
Dangers:
- Depending on underlying fund efficiency.
9. Canara Robeco Fairness Hybrid Fund
Fund Goal: Invests in a mixture of fairness and debt to generate long-term capital appreciation with stability.
Efficiency Snapshot:
- 3-Yr CAGR: 13.7%
- 5-Yr CAGR: 15.6%
- 10-Yr CAGR: 12.5%
- 15-Yr CAGR: 12.5%
- Absolute Returns: ~428%
- ₹1 Lakh Turned: ₹5.28 Lakhs
Excellent For:
- Conservative buyers in search of steadiness between development and security.
Dangers:
- Decrease fairness publicity limits upside potential.
10. SBI Fairness Hybrid Fund
Fund Goal: One among India’s oldest and most trusted hybrid schemes, providing regular long-term returns.
This fund is amongst 7 Mutual Funds That Attracted Over ₹ 1,500 Crore Inflows in September 2025.
Efficiency Snapshot:
- 3-Yr CAGR: 14.1%
- 5-Yr CAGR: 16.8%
- 10-Yr CAGR: 12.4%
- 15-Yr CAGR: 12.3%
- Absolute Returns: ~428%
- ₹1 Lakh Turned: ₹5.28 Lakhs
Excellent For:
- Traders preferring a conservative hybrid portfolio with confirmed historical past.
Dangers:
- Restricted fairness upside throughout bull markets.
Conclusion
Hybrid Mutual Funds have as soon as once more demonstrated the ability of diversification. Over 15 years, the top-performing hybrid funds have delivered 428% to 754% absolute returns, turning long-term investments into substantial wealth.
In case you search a mixture of development and stability, hybrid funds might be a wonderful alternative. Relying in your danger urge for food, you may decide from aggressive, balanced, or multi-asset variants to attain long-term monetary objectives.

