Parag Parikh Conservative Hybrid Fund
The scheme seeks to generate regular income through investments predominantly in debt and money market instruments. The scheme also seeks to generate long term capital appreciation from the portion of equity investments under the scheme.
Growthvine rating: 5/5 — ranked #1 of 24 in category.
Fund basics
| Category | Hybrid: Conservative |
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| NAV | ₹15.55 (as of 2026-10-23) |
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| AUM | ₹3,454 Cr |
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| Expense ratio | 0.54% |
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| Riskometer | Moderately High |
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| Fund manager | Rajeev Thakkar |
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| Exit load | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days |
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Performance & risk
| 5-year annualised return | 8.61% |
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| Sharpe ratio | 0.83 |
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| Standard deviation | 3.49% |
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| Max drawdown | −2.62% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 119.1% of NIFTY 50 Hybrid Composite Debt 15:85 Index's upside and 39.7% of its downside.
Market cap allocation
| Large cap | 31.9% |
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| Mid cap | 42.5% |
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| Small cap | 25.6% |
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Concentration
| Top 5 holdings | 16.6% |
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| Top 10 holdings | 22.2% |
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| Total holdings | 10 |
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Top holdings
- 7.21% Tamilnadu SDL (MD 21/01/2032) — 5.6%
- Brookfield India Real Estate Trust — 5.1%
- EMBASSY OFFICE PARKS REIT — 5.0%
- 7.08% Uttar Pradesh SDL (MD 17/02/2031) — 4.3%
- 7.08% Karnataka SDL (MD 12/08/2031) — 4.0%
- 7.72% Maharashtra SDL (MD 01/03/2031) — 3.7%
- 7.72% Maharashtra SDL (MD 23/03/2032) — 2.9%
- 7.38% Karnataka SDL (MD 04/09/2034) — 2.7%
- 7.73% Maharashtra SDL (MD 29/03/2032) — 2.5%
- 8.15% Tata Capital Ltd NCD (MD 11/06/2029) — 2.5%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | 1.0% | Q1 (Top) | #3 of 20 |
| 2025 | 7.4% | Q1 (Top) | #4 of 20 |
| 2024 | 12.5% | Q1 (Top) | #2 of 20 |
| 2023 | 13.7% | Q1 (Top) | #4 of 20 |
| 2022 | 7.6% | Q1 (Top) | #2 of 19 |