Gadolinium garnet ferrite (GdIG) and terbium garnet ferrite (TrIG), known for their favourable magnetic and dielectric characteristics, were combined with doped zinc spinel ferrite (GdIG)x-(TrIG)y/Mn0.2Co0.3Zn0.5Fe2O4(1-x-y) (at x=1 y=0, x=0 y=1, x=y=0.5, x=y=0.25, x=y=0) to achieve improved permittivity, permeability and magnetic properties with reduced magneto-dielectric losses. Our study details the synthesis process and the resulting enhancements in structural, magnetic, and dielectric properties of the prepared samples. Analysis of the X-ray diffraction (XRD) patterns confirmed the presence of a crystalline structure characterized by both cubic spinel and cubic garnet phases in the composites. The microstructures of the composites were analysed with field emission scanning electron microscopy (FESEM), revealing the variation in a grain size from 0.11 μm to 0.96 μm at x =y=0.5. A thorough link between the crystal structure and XRD spectra, transmission electron microscope (TEM), and selected area electron diffraction (SAED) patterns have all been investigated in order to enhance the characterisation of the samples. At 1KHz, the composites exhibit highest electrical resistivity values of 5.9×106 Ωm and 2.6×106 Ωm. With the incorporation of spinel ferrites in garnet ferrite composite (x=y=0.25) the highest value of dielectric constant (885.2) and low value of dielectric loss (0.07) at 100 KHz has been obtained. Permeability values, derived from permittivity data, showed an increase in real permeability values of from 1.4×1012 to 9.2×1017 for x=y=0.5 to x=y=0.25 composite. Vibrating sample magnetometer (VSM) further confirm that the composite x=y=0.25 has highest magnetic saturation (148.8 emu/g), coercivity (502 Oe) and microwave operating frequency (33.6 GHz). The observed high dielectric constant, low loss values, switching field distribution and good magnetic properties suggest the potential suitability of these samples for various electronic devices like: high frequency devices, antennas, switching devices and magnetic recording devices.