August 21, 2026
mayank
Parag Parikh Conservative Hybrid Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 16.15 |
| Monthly NAV IDCW (Rs.) | 11.04 |
| NAV Bonu (Rs.) | — |
| Min. Investment (Rs.) | 5,000 |
| Min. SIP Investment (Rs.) | 1,000 |
| Min. No of Cheques | 6 |
| Benchmark | CRISIL Hybrid 85+15 Conservative Index |
| AUM Rs. | 3,473 Cr |
| (As on 31-Jul-2026) | |
| Expense | 0.24% |
| 1 Year Return (%) | 5.69 |
| 3 Year Return (%) | 10.68 |
| 5 Year Return (%) | 9.82 |
| 10 Year Return (%) | — |
| Return Since Launch | 9.60% |
Suitable For Which Investors?
Conservative Hybrid funds are suitable for investors:
1. Looking to invest mostly in debt (~75%) with a small equity allocation (~25%)
2. Aiming for moderately higher returns than fixed deposits, with limited volatility
3. Looking to generate regular income
4. With 3-5 year investment horizon
Note:
• Invest preferably through SIP
Fund’s Investment Strategy:
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.
Fund Manager:
1) Rajeev Thakkar
Education: Mr.Thakkar is a Chartered Accountant, Cost Accountant, CFA, and CFP.
Experience: He has been associated with PPFAS AMC since 2013.
2) Raj Mehta
Education: Mr. Mehta is a Commerce Graduate from University of Mumbai (N.M. College) ; Fellow Member of Institute of Chartered Accountants of India (ICAI) ; CFA Charter Holder.
Experience: Beginning his career as an intern with PPFAS Mutual Fund in 2012, he swiftly moved up the ranks, and is currently part of the Fund Management team.
3) Raunak Onkar
Education: Mr.Onkar is an MMS (Finance) from the University of Mumbai.
Experience: He joined PPFAS as a research analyst. He was appointed as Head- research in the year 2011. He is working with the company as an Associate Fund Manager.
4) Rukun Tarachandani
Education: Mr. Tarachandani has done B Tech (Information Technology), PGPM (Finance), CFA and CQF.
Experience: Prior to joining PPFAS Mutual Fund, he has worked with Kotak Mutual Fund, Goldman Sachs, Unnati Investment Management & Research Group.
5) Mansi Kariya
Education: Ms. Karia has done B.Com, MS Finance and CFA
Experience: Prior to joining PPFAS AMC, she has worked with Insync and Zacks Investment Research
6) Tejas Soman
Education: Mr. Soman has done B.Com from University of Mumbai and Post Graduate Program in Securities Markets – From ‘NISM’
Experience: Prior to joining PPFAS Mutual Fund, he was associated with SBI MF, Yes Bank Limited, STCI Primary Dealership and PricewaterhouseCoopers
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days |
Basic Details of Parag Parikh Conservative Hybrid Fund
| Fund House | PPFAS Mutual Fund |
| Launch Date | 26-May-21 |
| Return Since Launch | 9.60% |
| Benchmark | CRISIL Hybrid 85+15 Conservative Index |
| Riskometer | Moderately High |
| Type | Open-ended |
| Assets | 3,473 Cr |
| (As on 31-Jul-2026) | |
| Expense | 0.24% |
| (As on 31-Jul-2026) | |
| Risk Grade | Low |
| Return Grade | High |
| Turnover | — |
Parag Parikh Conservative Hybrid Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Parag Parikh Conservative Hybrid Dir | 3.57 | -0.09 | 0.17 | 2.77 | 1.84 | 5.69 | 10.68 | 9.82 | — | — |
| Hybrid: Conservative Hybrid | 1.69 | -0.07 | 0.53 | 3.33 | 1.67 | 4.05 | 8.81 | 8.16 | — | — |
| Rank within category | 9 | 22 | 23 | 22 | 18 | 8 | 3 | 3 | — | — |
| Number of funds in category | 29 | 29 | 29 | 29 | 29 | 28 | 28 | 28 | 24 | 22 |
Peer Comparison of Parag Parikh Conservative Hybrid Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Parag Parikh Conservative Hybrid Dir | 5 out of 5 stars | 5.69 | 10.68 | 9.82 | 0.24 | 3,473 | 9.60 | 1.00 (365) | 5Y 2M | — |
| SBI Conservative Hybrid Dir | 4 out of 5 stars | 5.81 | 9.04 | 9.16 | 0.80 | 10,210 | 9.71 | 1.00 (365) | 13Y 7M | — |
| ICICI Pru Regular Savings Dir | 5 out of 5 stars | 4.58 | 9.52 | 9.04 | 0.83 | 3,356 | 10.32 | 1.00 (365) | 13Y 7M | 92.00 |
| Kotak Debt Hybrid Dir | 4 out of 5 stars | 4.83 | 9.49 | 9.30 | 0.49 | 2,860 | 10.41 | 1.00 (180) | 13Y 7M | 24.23 |
| ABSL Regular Savings Dir | 4 out of 5 stars | 6.02 | 9.35 | 8.71 | 0.82 | 1,501 | 10.27 | 1.00 (90) | 13Y 7M | 146.00 |
Parag Parikh Conservative Hybrid Fund Portfolio Analysis
| Number of Stocks | 11 |
| Number of Bonds | 69 |
| Average Maturity (yrs) | 4.59 |
| Top 10 Holdings | 37.22% |
| Portfolio P/B Ratio | 2.39 |
| Portfolio P/E Ratio | 11.94 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,48,985 | 2,30,900 |
| Large (%) | 65.15 | 66.01 |
| Mid (%) | 28.74 | 18.76 |
| Small (%) | 6.10 | 17.66 |
| Fund | Category | |
| Number of Securities | 88 | 65 |
| Macaulay Duration (yrs) | 3.82 | 3.98 |
| Average Maturity (yrs) | 4.59 | 6.43 |
| Yield to Maturity (%) | 7.20 | 7.15 |
| Avg Credit Rating | AAA | — |
Note: Mutual fund investments are subject to market risks, read all scheme-related documents carefully.
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