MyinvestmentideasOct 2, 2026 ~7 min source read

Nine hybrid and multi-asset funds delivered strong 3-year returns as of Oct 1, 2026

A focused comparison of nine hybrid and multi-asset mutual funds that produced 3-year annualized returns above 15.1% as of October 1, 2026, including longer-term figures where available and differences in track record length.

9 Hybrid Mutual Funds With 3-Year Annualized Returns Above 15.1% (Oct-26 Update)

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Quant Multi Asset Allocation Fund leads the list with a 3-year CAGR of 21.4% and has 5-year (19.0%) and 10-year (18.4%) annualized returns, showing a longer-history performance record.

Investors should weigh recent strong 3-year returns against available longer-term data and differences in asset-allocation mandates before drawing conclusions.

The useful part

Unlike pure equity funds, these schemes can combine equity, debt and, in some cases, other asset classes depending on their investment mandate. We compared the latest performance data and found 9 hybrid and multi-asset-oriented mutual fund schemes that delivered more than 15.1% annualized returns over the last 3 years as of October 1, 2026. The table below also includes 5-year and 10-year annualized returns wherever sufficient history is available.

How it works

Analyse 18 Mutual Funds With 1-Year Returns Above 20.0% What Stands Out in the Data The first thing that stands out is the relatively wide gap between the highest and lowest 3-year returns.
This is followed by Nippon India Multi Asset Allocation Fund at 18.3% and DSP Multi Asset Allocation Fund at 17.6%.
However, investors should still historical consistency does not guarantee similar returns in the future.
The performance of a multi-asset fund can also change depending on how the portfolio is allocated across different asset classes during different market conditions.
The scheme does not have a 10-year figure in the data considered for this comparison.

What to take from it

This is an important distinction when comparing them with funds such as Quant Multi Asset Allocation Fund or Bank of India Aggressive Hybrid Fund, where a much longer performance history is available. This suggests that the recent 3-year period has been particularly strong for these schemes relative to the preceding portion of their longer-term history. Multi-asset funds may have exposure to several asset classes, but that does not eliminate market risk.

Example or evidence

This provides a better perspective than looking at the 3-year number alone.
Market conditions, equity valuations, interest rates, asset allocation decisions and the performance of individual asset classes can all influence future returns.
At the other end, Aditya Birla Sun Life Multi Asset Allocation Fund delivered 15.1% annualized returns, which is the threshold used for this comparison.
Therefore, there is a 6.3 percentage-point difference between the highest and lowest 3-year CAGR among these nine schemes.

Details worth keeping

The figures represent the data considered for this comparison. Both funds cross the 15.1% threshold comfortably. However, the available data does not include 5-year or 10-year annualized returns for these two schemes.