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Can you let me know best hybrid funds to invest

I want to invest in mutual funds, so I want your help. Which is the best hydrid risk mutual funds in India. Please help me out?

Apr 27, 2017 by Mydur Shashi Kiran,   |   Mutual Fund

Glad to note that you want to invest in mutual funds.

There are two kind of hybrid funds – 1) Hybrid debt oriented funds, which are popularly known as MIPs as well. These funds invest 5-35% in equities and rest in debts. The taxation for these funds are like debt funds. Short term capital gain is taxed according to the tax slab of the investors and long term capital gain is taxed @20% after indexation. Dividend received from these funds are tax free in the hands of the investors but the scheme has to pay 28.84% dividend distribution tax.

Some of the top performing funds in this category are – ICICI Prudential MIP 25 Plan, Birla Sun Life MIP II Wealth 25 Plan, UTI MIS Advantage Growth. Please check a comprehensive list here https://www.advisorkhoj.com/mutual-funds...

2) Hybrid equity oriented funds – Hybrid equity oriented funds are also known as balanced funds and is one of the most popular category of funds. These funds invest upto 65% in equities and rest in debts. The taxation for these funds are like equity funds. Short term capital gain is taxed according to the tax slab of the investors and long term capital gain is completely tax free. Dividends received from these funds are tax free in the hands of the investors and the scheme need not pay any dividend distribution tax.

Some of the top performing balanced funds are – ICICI Prudential Balanced Fund, HDFC Balanced Fund, SBI Magnum Balanced Fund and DSP BlackRock Balanced Fund. See a comprehensive list here https://www.advisorkhoj.com/mutual-funds...

Hope the above helps you in your investment in hybrid funds.

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