New Delhi, Sept. 28 -- Aggressive hybrid funds are often considered a middle ground for investors who want equity exposure but do not want to take the full risk of an equity-only fund. But the experience has been far from uniform across schemes. Over the past five years, SIP returns in the category have ranged from 5.99% to 16.50%, based on the data for 29 funds.

Only seven aggressive hybrid funds delivered 12% or more through SIPs over the five-year period. Bank of India Aggressive Hybrid Fund led the pack at 16.50%, while Bandhan, JM, Navi, HSBC, ICICI Prudential and Edelweiss also crossed the 12% mark.

Interestingly, being one of the biggest funds in the category did not necessarily translate into higher five-year SIP returns. ICICI ...