A hybrid mutual fund is a mutual fund that invests in debt as well as equity assets. This helps give an investor the right mix of diversification and helps balance the inherent risk that comes with investing in equity asset class. Due to this, a hybrid mutual fund is also called a balanced fund.

Top 10 equity-oriented mixed hybrid funds:

Top 10 debt-oriented mixed hybrid funds:

You too can search for the best performing hybrid funds by using various filter options provided by various brokers. The above funds were a result of the search of top 10 hybrid funds on IIFL’s website. You can check it here: https://mf.indiainfoline.com/MFOnline/FundScreener