DSP Conservative Hybrid Fund Regular IDCW NAV today
AMFI: 102450ISIN: INF740K01458MUTF_IN: DSP_CONS_HYBR_1VQXW97DSP Mutual FundConservative Hybrid funds
Formerly DSP Regular Savings Fund
NAV ₹10.6254
NAV for 23 Oct 2026. Declared once a day.
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month.
- ₹175 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it.
- 1.25%19 Oct 2026
- Exit loadExit load. A charge, as a share of the amount redeemed, on units sold before a set period has passed since they were bought.
- None
- P/EP/E. What the fund pays for each rupee of yearly profit its companies earn: the total value of its shares divided by those companies' last four quarters of profit, each in proportion to what the fund holds. The profit leaves out one-off items (exceptional items and businesses sold or demerged), so one company's one-off gain cannot make the fund look cheap. A loss-making company lowers the profit. Shown when at least 80% of the fund's shares are counted.
- 17.630 Sep 2026
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Moderately HighAug 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures.
- 5030 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer.
- 11 Jun 2004
DSP Conservative Hybrid Fund returns
Read from the regular plan's growth option: an IDCW plan's NAV falls by every payout, so it carries no return of its own
Over each window to 23 Oct 2026
| Over | ReturnTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. | Rank in categoryRank in category. The fund's place among the funds of its category with a return over the same window, highest return first. | Category medianCategory median. The middle return of the funds in the category over the same window: half returned more, half less. | Middle halfMiddle half of the category. The returns of the fund a quarter of the way down the category and the fund a quarter of the way up, over the same window: half the category's funds returned between the two. |
|---|---|---|---|---|---|
| 1 week | −0.80% | – | – | – | – |
| 1 month | −1.52% | – | 4 of 18 | −1.93% | −2.2% to −1.6% |
| 3 months | −1.39% | – | 5 of 18 | −1.92% | −2.1% to −1.4% |
| 6 months | −0.01% | – | 5 of 18 | −0.34% | −0.9% to 0.0% |
| 1 year | +0.65% | +2.78%to 30 Sep 2026 | 4 of 18 | −0.31% | −1.3% to +0.5% |
| 3 years | +7.36% | +7.03%to 30 Sep 2026 | 5 of 18 | +6.61% | +6.0% to +7.4% |
| 5 years | +6.47% | +6.19%to 30 Sep 2026 | 8 of 18 | +6.10% | +5.3% to +6.8% |
| 10 years | +5.93% | +7.78%to 30 Sep 2026 | 12 of 17 | +6.36% | +5.8% to +7.0% |
₹10,000 put in on 3 Apr 2006 is ₹46,914 at the NAV of 23 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load.Over a year and longer, a return is the yearly rate. Benchmark: CRISIL Hybrid 85+15 - Conservative Index, over the same days as the fund, or to the month end its cell names. Rank, median and middle half among the Regular plans of Conservative Hybrid funds, each fund's return to its latest NAV on or before 25 Oct 2026.
At the month end, 30 Sep 2026
| Over | FundTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer. |
|---|---|---|
| 1 year | +2.64% | +2.78% |
| 3 years | +7.73% | +7.03% |
| 5 years | +6.56% | +6.19% |
| 10 years | +6.18% | +7.78% |
| Since launch | +8.39% | +8.27% |
Benchmark: CRISIL Hybrid 85+15 - Conservative Index. Both as the fund house states them for the month.
Return in each calendar year
- Fund, Regular GrowthCalendar year return. The change in NAV from the last NAV of one year to the last NAV of the next.
- Loss
Highest year to Dec 2009, +20.5%; lowest year to Dec 2018, −5.3%
DSP Conservative Hybrid Fund SIP returns
₹10,000 on the 1st of every month, valued at the NAV of 23 Oct 2026
| Period | InvestedAmount invested. ₹10,000 on the 1st of every month, or the next day the fund priced, added up over the period. | Value todayValue today. What the units bought by every instalment are worth at the latest NAV. | Invested against value today | SIP returnSIP return (XIRR). The yearly rate that, applied to each monthly instalment from the day it was invested, gives the value of all the units today. | After stamp dutySIP return after stamp duty. The same SIP return with stamp duty of 0.005% taken from every instalment since 1 Jul 2020, so ₹10,000 buys ₹9,999.50 of units. | Stamp dutyStamp duty paid. The stamp duty on all the instalments, in rupees: 0.005% of each purchase made since 1 Jul 2020. |
|---|---|---|---|---|---|---|
| 1 year12 instalments | ₹1,20,000 | ₹1,19,826₹1,19,820 after stamp duty | −0.28% | −0.29% | ₹6 | |
| 3 years36 instalments | ₹3,60,000 | ₹3,82,888₹3,82,869 after stamp duty | +4.11% | +4.10% | ₹18 | |
| 5 years60 instalments | ₹6,00,000 | ₹7,02,757₹7,02,722 after stamp duty | +6.31% | +6.31% | ₹30 | |
| 10 years120 instalments | ₹12,00,000 | ₹16,82,960₹16,82,913 after stamp duty | +6.61% | +6.61% | ₹38 | |
| Since Apr 2006246 instalments | ₹24,60,000 | ₹55,96,913₹55,96,866 after stamp duty | +7.41% | +7.41% | ₹38 |
From the Regular Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Rolling returns
Per cent a year, every window from 3 Apr 2006 to 23 Oct 2026
Lowest to highestAverage
LowestLowest rolling return. The worst yearly return of any window of this length in the fund's history, one window starting on each day it priced.AverageAverage rolling return. The average of the yearly returns of every window of this length in the fund's history.HighestHighest rolling return. The best yearly return of any window of this length in the fund's history.Ended higherWindows that ended higher. The share of all the windows of this length in which the NAV ended above where it started.
1 year4,729 windows−6.3%+8.2%+23.1%92.2%
3 years4,240 windows−0.6%+8.1%+13.1%99.9%
5 years3,758 windows+2.8%+7.9%+11.6%100.0%
10 years2,560 windows+5.9%+7.9%+9.8%100.0%
Every 5 and 10-year window ended higher than it started.From the Regular Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
DSP Conservative Hybrid Fund expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio.
- 0.61 ptsA year, on 19 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 0.64%Over the last 20 days filed
- Regular, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 1.25%Over the last 20 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 1.00%, Apr 2026.Direct plan lowest 0.41%, Dec 2021.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. | 0.51% | 1.04% |
| Brokerage | 0.01% | 0.01% |
| Transaction costs | None | None |
| Statutory levies | 0.12% | 0.20% |
Per cent of assets a year, filed for 19 Oct 2026. The parts add up to that day's total.
Buying and selling
- Lump-sum purchases
- Not accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase.
- ₹100
- Minimum top-up
- ₹100
- Minimum redemption
- ₹100
- SIP
- Not accepted
- SIP minimum
- Rs. 100/- for all frequencies
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold.
- None
- SIP instalments, at least
- Minimum 12 installments for all frequencies
- SIP dates
- 01,02,03,04,05,06,07,08,09,10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25,26,27,28,29,30,31
As listed for this plan on 24 Oct 2026.
DSP Conservative Hybrid Fund AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹178 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors.
- 14.7%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
Largest ₹550 Cr, quarter to Jun 2013.
Assets at each month end
Highest ₹313 Cr, Mar 2019.Lowest ₹162 Cr, Feb 2025.
DSP Conservative Hybrid Fund portfolio
Portfolio disclosed for 30 Sep 2026.
Holdings on 30 Sep 2026
| Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month. | Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | Yield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each. | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. | ||||
|---|---|---|---|---|---|---|---|
| 7.32% GOI 13112030Sovereign, 7.32% coupon, repaid 13 Nov 2030 | Bonds and bills | 11.91% | 20.87 | 20,00,000 | 6.87% | May 2024 | |
| 6.87% GOI FRB 22092033Sovereign, repaid 22 Sep 2033 | Bonds and bills | 8.94% | 15.66 | 15,00,000 | 6.15% | May 2025 | |
| 7.03% Maharashtra SDL 25062038Sovereign, 7.03% coupon, repaid 25 Jun 2038 | Bonds and bills | 8.17% | 14.33 | 15,00,000 | 7.87% | Jan 2026 | |
| 7.06% GOI 10042028Sovereign, 7.06% coupon, repaid 10 Apr 2028 | Bonds and bills | 5.95% | 10.42 | 10,00,000 | 6.44% | Oct 2023 | |
| 6.48% GOI 06102035Sovereign, 6.48% coupon, repaid 6 Oct 2035 | Bonds and bills | 5.63% | 9.87 | 10,00,000 | 7.16% | Apr 2026 | |
| Small Industries Development Bank of IndiaCRISIL A1+, repaid 29 Jan 2027 | Bonds and bills | 5.58% | 9.78 | 200 | 6.90% | Jan 2026 | |
| IDFC First Bank LimitedCRISIL A1+, repaid 4 Feb 2027 | Bonds and bills | 5.57% | 9.77 | 200 | 6.95% | Feb 2026 | |
| Muthoot Finance LimitedCRISIL AA+, 7.85% coupon, repaid 22 Feb 2029 | Bonds and bills | 4.39% | 7.69 | 750 | 8.87% | Nov 2025 | |
| 6.64% GOI FRB 07122031Sovereign, 6.33% coupon, repaid 7 Dec 2031 | Bonds and bills | 3.00% | 5.25 | 5,00,000 | 6.04% | Apr 2025 | |
| 7.10% GOI 18042029Sovereign, 7.10% coupon, repaid 18 Apr 2029 | Bonds and bills | 2.97% | 5.21 | 5,00,000 | 6.65% | Mar 2023 | |
| 7.10% GOI 08042034Sovereign, 7.10% coupon, repaid 8 Apr 2034 | Bonds and bills | 2.94% | 5.16 | 5,00,000 | 7.15% | Jun 2024 | |
| 7.02% GOI 18062031Sovereign, 7.02% coupon, repaid 18 Jun 2031 | Bonds and bills | 2.92% | 5.12 | 5,00,000 | 6.91% | Jun 2024 | |
| 5.74% GOI 15112026Sovereign, 5.74% coupon, repaid 15 Nov 2026 | Bonds and bills | 2.91% | 5.11 | 5,00,000 | 5.34% | Mar 2023 | |
| Cholamandalam Investment and Finance Co LimitedICRA AA+, 8.40% coupon, repaid 18 Sep 2027 | Bonds and bills | 2.86% | 5.02 | 500 | 8.22% | Feb 2026 | |
| HDFC Bank LimitedCRISIL A1+, repaid 22 Jan 2027 | Bonds and bills | 2.79% | 4.90 | 100 | 6.75% | Feb 2026 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Cash and receivables on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | ||
|---|---|---|
| TREPS / Reverse Repo Investments | 1.84% | 3.22 |
| Net Receivables/Payables | −0.18% | −0.35 |
Weight is per cent of the fund's net assets; value in ₹ crore.
- Largest holdingLargest holding. The share of the fund in its single largest position, cash and futures not counted as positions.
- 11.91%7.32% GOI 13112030
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions.
- 40.60%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions.
- 62.11%
- Top 10 sharesTop 10 shares. The share of the fund held in its ten largest shareholdings, bonds and fund units left out.
- 11.83%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights.
- 18.6Taken over 98.34% of the fund
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought.- Indian shares21.16%
- Bonds and bills76.53%
- REIT and InvIT units0.31%
- Units of other funds0.34%
- Cash and receivables1.66%
Per cent of the fund's net assets.
Large, mid and small cap
Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month.- Large cap72.68%Category 69.08%
- Mid cap14.18%Category 17.34%
- Small cap13.14%Category 12.86%
Per cent of the fund's Indian shares. By the list for the six months to Jun 2026. Category is the average of 18 Conservative Hybrid funds.
Sector allocation
Sector weight. The fund's shares grouped by the business each company is in, less the futures sold on them, each group as a share of the fund's net assets.11sectors
- Financial Services9.48%Category 6.29%
- Healthcare2.63%Category 1.96%
- Automobile And Auto Components2.36%Category 1.56%
- Oil Gas & Consumable Fuels1.67%Category 1.08%
- Fast Moving Consumer Goods1.12%Category 1.11%
- Consumer Durables1.06%Category 0.66%
- Power0.99%Category 0.62%
- Telecommunication0.82%Category 0.67%
- Information Technology0.62%Category 1.15%
- Chemicals0.24%Category 0.22%
- Realty0.17%Category 0.13%
Per cent of the fund's net assets, less the futures sold on its shares, Sep 2026. Category is the average of 18 Conservative Hybrid funds. Category average. The sector's weight, less the futures sold on it, averaged over the 18 Conservative Hybrid funds that disclosed a portfolio for Sep 2026. A fund holding none of the sector counts as 0.
Sector allocation month by month
| 13 months | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial Services10 companies | 9.48% | 8.98% | 9.29% | 9.17% | 8.67% | 8.98% | 9.85% | 10.22% | 9.52% | 8.87% | 9.25% | 8.67% | |
| Healthcare6 companies | 2.63% | 2.69% | 2.40% | 2.89% | 2.63% | 2.63% | 2.46% | 2.43% | 2.37% | 2.44% | 2.40% | 2.36% | |
| Automobile And Auto Components3 companies | 2.36% | 2.55% | 2.62% | 2.14% | 1.96% | 2.09% | 2.02% | 1.28% | 1.31% | 1.40% | 1.42% | 1.30% | |
| Oil Gas & Consumable Fuels5 companies | 1.67% | 1.71% | 1.31% | 0.91% | 0.90% | 0.58% | 0.78% | 0.98% | 1.11% | 1.21% | 1.19% | 1.20% | |
| Fast Moving Consumer Goods1 company | 1.12% | 1.07% | 1.17% | 1.19% | 1.20% | 1.31% | 1.22% | 1.27% | 0.93% | 1.04% | 1.06% | 1.11% | |
| Consumer Durables2 companies | 1.06% | 1.12% | 1.09% | 1.01% | 1.00% | 0.89% | 0.77% | 0.76% | 0.61% | 0.65% | 0.73% | 0.60% | |
| Power1 company | 0.99% | 0.99% | 1.05% | 0.71% | 0.23% | 0.24% | 0.48% | 0.47% | 0.83% | 0.76% | 0.77% | 0.70% | |
| Telecommunication1 company | 0.82% | 0.84% | 0.63% | 0.63% | 0.71% | 0.66% | 0.47% | 0.28% | 0.37% | 0.35% | 0.39% | 0.35% | |
| Information Technology2 companies | 0.62% | 0.68% | 0.62% | 0.68% | 0.77% | 0.77% | 1.02% | 1.04% | 1.55% | 1.49% | 1.67% | 1.62% | |
| Chemicals1 company | 0.24% | 0.26% | 0.58% | 0.56% | 0.55% | 0.35% | 0.27% | 0.28% | 0.30% | 0.33% | 0.34% | 0.33% | |
| Realty1 company | 0.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Capital Goods | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Per cent of the fund's net assets, less the futures sold on its shares, at each month end, Oct 2025 to Sep 2026; the line runs from Sep 2025.
- Yield to maturityYield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each.
- 6.96%Lines stating a yield: 97.65% of the bond book
- Yield after expensesYield after expenses. The yield to maturity less the plan's expense ratio.
- 5.71%Regular plan
- Maturity date knownMaturity date known. The share of the bond book, perpetual bonds left out, whose repayment date is known: the bonds the durations and the maturity profile are taken over.
- 100.00%Of the bond book, perpetual bonds left out
- Perpetual bondsPerpetual bonds. Bonds with no maturity date: the issuer pays interest with no fixed day to repay. Their share of the bond book; they are in no duration and no maturity window.
- None
The bond book is the fund's bonds, bills and overnight lending.
Credit rating
Credit rating. A rating agency's grade for how likely the borrower is to repay on time: AAA down to D for loans of over a year, A1+ down to A4 for loans of under a year, two scales that are never compared.Loans of over a year
- Sovereign55.34%
- AA7.25%
Loans of under a year
- A1+13.94%
Other
- Overnight lending1.84%
Per cent of the fund's net assets. A grade is stated for 100.00% of the bonds.
Maturity profile
Maturity profile. The fund's bonds grouped by how long until each is repaid, as a share of the fund's net assets; a bond with no known maturity date is left off.- Up to 1 month1.84%
- 1 to 3 months2.91%
- 3 to 6 months13.94%
- 6 to 12 months2.86%
- 1 to 3 years13.31%
- 3 to 5 years14.83%
- 5 to 10 years20.51%
- Over 10 years8.17%
Per cent of the fund's net assets, over the bonds whose maturity date is known; perpetual bonds have none.
- Largest borrowerLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 4.39%Muthoot Finance Limited
- Top 5 borrowersLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 10.04%
- Top 10 borrowersLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 10.04%
Per cent of the fund's net assets. Lent outside the government: 21.19% of the fund, to 3 borrowers; the borrower is named for 47.38% of it, its group for 0.00%.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before.
- 20.86% of the fund
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date.
- 10.03% of the fund before
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth.
- 0
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth.
- 1
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price.
- 47
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month.
- 0.03%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it.
- 1.96%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. | ||||
|---|---|---|---|---|---|
| HDFC Asset Management Company | New | 0.69% | 0.00% | +0.69 pts | +5,318 |
| Oberoi Realty | New | 0.17% | 0.00% | +0.17 pts | +1,663 |
| Power Finance Corporation | Sold out | – | 0.03% | −0.03 pts | −1,409 |
| IPCA Laboratories | Trimmed | 0.04% | 0.05% | −0.01 pts | −62 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7.32% GOI 13112030 | 12.04% | 11.62% | 11.40% | 11.52% | 11.52% | 11.88% | 11.82% | 11.51% | 11.64% | 11.75% | 11.78% | 11.91% |
| 6.87% GOI FRB 22092033 | 11.61% | 11.61% | 11.43% | 11.57% | 8.68%Cut | 8.89% | 8.77% | 8.84% | 8.86% | 8.93% | 9.02% | 8.94% |
| 7.03% Maharashtra SDL 25062038 | – | – | – | 7.98%Bought | 7.98% | 8.21% | 8.11% | 8.21% | 8.06% | 8.17% | 8.11% | 8.17% |
| 7.06% GOI 10042028 | 5.75% | 5.76% | 5.67% | 5.73% | 5.72% | 5.95% | 5.69% | 5.73% | 5.76% | 5.81% | 5.84% | 5.95% |
| 6.48% GOI 06102035 | – | – | – | – | – | – | 5.40%Bought | 5.46% | 5.55% | 5.59% | 5.59% | 5.63% |
| Small Industries Development Bank of India | – | – | – | 5.11%Bought | 5.09% | 5.37% | 5.30% | 5.32% | 5.36% | 5.41% | 5.45% | 5.58% |
| IDFC First Bank Limited | – | – | – | – | 5.08%Bought | 5.35% | 5.28% | 5.31% | 5.35% | 5.40% | 5.45% | 5.57% |
| Muthoot Finance Limited | – | 4.16%Bought | 4.10% | 4.15% | 4.06% | 4.25% | 4.19% | 4.21% | 4.25% | 4.28% | 4.30% | 4.39% |
| 6.64% GOI FRB 07122031 | 2.90% | 2.91% | 2.78% | 2.83% | 2.83% | 2.98% | 2.94% | 2.97% | 2.88% | 2.90% | 2.93% | 3.00% |
| 7.10% GOI 18042029 | 5.77% | 2.90%Cut | 2.84% | 2.87% | 2.87% | 2.98% | 2.85% | 2.87% | 2.90% | 2.91% | 2.93% | 2.97% |
| 7.10% GOI 08042034 | 2.89% | 2.90% | 2.84% | 2.86% | 2.86% | 2.95% | 2.82% | 2.84% | 2.90% | 2.92% | 2.92% | 2.94% |
| 7.02% GOI 18062031 | 2.94% | 2.94% | 2.79% | 2.82% | 2.83% | 2.91% | 2.89% | 2.90% | 2.86% | 2.89% | 2.89% | 2.92% |
| 5.74% GOI 15112026 | 2.86% | 2.79% | 2.74% | 2.78% | 2.76% | 2.90% | 2.87% | 2.81% | 2.81% | 2.84% | 2.85% | 2.91% |
| Cholamandalam Investment and Finance Co Limited | – | – | – | – | 2.84%Bought | 2.98% | 2.95% | 2.97% | 2.98% | 3.01% | 3.03% | 2.86% |
| HDFC Bank Limited | – | – | – | – | 5.10%Bought | 2.69%Cut | 2.65% | 2.67% | 2.68% | 2.71% | 2.73% | 2.79% |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap.
Risk ratios
NAV to 23 Oct 2026
Each bar runs from the lowest to the highest figure among the Regular plans of Conservative Hybrid funds (18 funds) over the same 3 years; the tick is their average and the dot this fund.
How much the NAV moves
Standard deviationStandard deviation. How far the fund's monthly returns spread around their average, stated as a yearly figure: the wider the spread, the more the NAV moves.4.05%
2.36%Lowest4.29%Average5.61%Highest
Downside deviationDownside deviation. Standard deviation counting only the months in which the fund lost money, stated as a yearly figure.1.96%
1.06%Lowest2.35%Average3.23%Highest
Sharpe ratioSharpe ratio. The monthly return above the 91-day Treasury bill yield, divided by its standard deviation and stated for a year: the extra return for each unit of movement in the NAV.0.41
−0.41Lowest0.18Average0.76Highest
Sortino ratioSortino ratio. The monthly return above the 91-day Treasury bill yield, divided by how far it fell below that yield and stated for a year: the extra return for each unit of movement on the way down.0.63
−0.50Lowest0.27Average1.21Highest
From the Regular Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. |
|---|---|---|---|---|
| 1 and 3 years | −3.35% | 7 Jan 2026 | 30 Mar 2026 | 12 Jun 2026 |
| 5 years | −4.60% | 5 Apr 2022 | 16 Jun 2022 | 17 Aug 2022 |
| 10 years and since Apr 2006 | −12.18% | 13 Feb 2020 | 23 Mar 2020 | 10 Aug 2020 |
Risk level by month
| Months | FundRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. |
|---|---|---|
| Nov 2025 to Aug 202610 months | Moderately High | Moderately HighCRISIL Hybrid 85+15 - Conservative Index |
| Oct 20251 month | Moderate | Moderately HighCRISIL Hybrid 85+15 - Conservative Index |
| Aug 2025 to Sep 20252 months | Moderate | ModerateCRISIL Hybrid 85+15 - Conservative Index |
| Jul 20251 month | Moderately High | ModerateCRISIL Hybrid 85+15 - Conservative Index |
| May 2025 to Jun 20252 months | Moderate | ModerateCRISIL Hybrid 85+15 - Conservative Index |
| Aug 2023 to Apr 202521 months | Moderately High | Moderately HighCRISIL Hybrid 85+15 - Conservative Index |
| Jul 20231 month | Moderate | Moderately HighCRISIL Hybrid 85+15 - Conservative Index |
| Apr 2023 to Jun 20233 months | Moderately High | Moderately HighCRISIL Hybrid 85+15 - Conservative Index |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
DSP Conservative Hybrid Fund managers
Managers now
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | Portfolio changed after the handover. How much of the portfolio was different three months after the manager took over: half the sum of every holding's change in weight, with each side's holdings scaled to add up to 100 so a move into cash does not count. | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. | Assets the manager runs. The latest monthly size of every fund the manager runs now, added up; a fund run with others counts in full for each of its managers, and the line under it counts only the funds they run alone. | ||
|---|---|---|---|---|---|---|---|---|
| Abhishek Singh(Equity and Overseas portion) | May 2021 | +7.07%a year | – | – | 19.0% | 12.8% | 4 | ₹16,799 Cr |
| Shantanu Godambe(Debt portion) | Aug 2024 | +4.37%a year | – | – | 3.3% | 28.0% | 19 | ₹46,679 Cr₹2,034 Cr alone |
Returns are the regular plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Other funds they run
| Fund | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | ||
|---|---|---|---|---|---|
| DSP Aggressive Hybrid FundAbhishek Singh | Mar 2024 | +5.91%a year | – | – | ₹11,312 Cr |
| DSP Equity Savings FundAbhishek Singh | May 2021 | +7.61%a year | – | – | ₹3,087 Cr |
| DSP Value FundAbhishek Singh | May 2026 | −1.44%over 150 days | −0.67% | −0.77 pts | ₹2,225 Cr |
| DSP Aggressive Hybrid FundShantanu Godambe | Aug 2024 | +0.24%a year | – | – | ₹11,312 Cr |
| DSP Multi Asset Allocation FundShantanu Godambe | Aug 2024 | +11.30%a year | – | – | ₹10,820 Cr |
| DSP Dynamic Asset Allocation FundShantanu Godambe | Jan 2025 | +4.11%a year | – | – | ₹3,704 Cr |
| DSP Short Term FundShantanu Godambe | Jan 2025 | +5.60%a year | – | – | ₹3,416 Cr |
| DSP Overnight FundShantanu Godambe | Jan 2026 | +4.06%over 290 days | – | – | ₹3,194 Cr |
| DSP Equity Savings FundShantanu Godambe | Aug 2024 | +3.41%a year | – | – | ₹3,087 Cr |
| DSP Corporate Bond FundShantanu Godambe | Jan 2025 | +6.80%a year | – | – | ₹2,647 Cr |
Up to ten funds a manager, largest first. Returns are the regular plan's.
Portfolio overlap
Funds holding the most of the same securities, by weight.
Closest funds in the category
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | Shared holdings. The number of securities both funds hold, cash and futures left out. | |
|---|---|---|
| HSBC Conservative Hybrid FundHSBC Mutual Fund | 15.24% | 7 |
| LIC Mf Conservative Hybrid FundLIC Mutual Fund | 13.66% | 4 |
| HDFC Conservative Hybrid FundHDFC Mutual Fund | 11.22% | 16 |
| Axis Conservative Hybrid FundAxis Mutual Fund | 10.63% | 13 |
| ICICI Prudential Conservative Hybrid FundICICI Prudential Mutual Fund | 8.97% | 13 |
| UTI Conservative Hybrid FundUTI Mutual Fund | 8.91% | 16 |
| Bank of India Conservative Hybrid FundBank of India Mutual Fund | 8.76% | 7 |
| Aditya Birla Sun Life Conservative Hybrid FundAditya Birla Sun Life Mutual Fund | 8.02% | 12 |
| Canara Robeco Conservative Hybrid FundCanara Robeco Mutual Fund | 7.06% | 6 |
| Kotak Conservative Hybrid FundKotak Mahindra Mutual Fund | 6.78% | 11 |
Portfolios for Sep 2026. Overlap is per cent of the portfolio the two funds hold in common.
Overlap with the fund house's other funds
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | |
|---|---|
| DSP Equity Savings FundDSP Mutual Fund | 25.52% |
| DSP Aggressive Hybrid FundDSP Mutual Fund | 22.19% |
| DSP Dynamic Asset Allocation FundDSP Mutual Fund | 19.43% |
| DSP Multi Asset Allocation FundDSP Mutual Fund | 11.68% |
| DSP Arbitrage FundDSP Mutual Fund | 11.20% |
As the fund house states it, for Sep 2026.
DSP Conservative Hybrid Fund dividend history
IDCW (income distribution cum capital withdrawal), once called a dividend: rupees per unit, paid to holders on the record date and taken out of the NAV.Every fund's payouts
Paid per unit, the latest payouts
- Paid per unitIDCW payout. Rupees paid out per unit to holders on the record date; the money comes out of the fund, so the plan's NAV falls by the same amount.
Largest ₹0.077624 a unit, May 2025.
Every payout
| IDCW payout. Rupees paid out per unit to holders on the record date; the money comes out of the fund, so the plan's NAV falls by the same amount. | IDCW yield. A payout as a share of the plan's NAV on the record date, before the NAV fell by the amount paid. | NAV before | NAV after | |
|---|---|---|---|---|
| 28 Sep 2026 | ₹0.071882 | 0.67% | ₹10.7823 | ₹10.7024 |
| 28 Aug 2026 | ₹0.073202 | 0.67% | ₹10.9803 | ₹10.8960 |
| 28 Jul 2026 | ₹0.07348 | 0.67% | ₹11.0219 | ₹10.9653 |
| 25 Jun 2026 | ₹0.073818 | 0.67% | ₹11.0727 | ₹10.9945 |
| 27 May 2026 | ₹0.073351 | 0.67% | ₹11.0027 | ₹10.9117 |
| 28 Apr 2026 | ₹0.073614 | 0.67% | ₹11.0421 | ₹10.9768 |
| 27 Mar 2026 | ₹0.072534 | 0.67% | ₹10.8802 | ₹10.7444 |
| 27 Feb 2026 | ₹0.074744 | 0.67% | ₹11.2115 | ₹11.1139 |
| 28 Jan 2026 | ₹0.075025 | 0.67% | ₹11.2537 | ₹11.1884 |
| 26 Dec 2025 | ₹0.075993 | 0.67% | ₹11.3989 | ₹11.3147 |
| 28 Nov 2025 | ₹0.076163 | 0.67% | ₹11.4245 | ₹11.3448 |
| 28 Oct 2025 | ₹0.076304 | 0.67% | ₹11.4457 | ₹11.3776 |
The latest 120 of 205 payouts since 28 Apr 2006.
Changes to the fund
Newest first.
2026
- 2 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
Fund details
Objective
The primary Investment objective of the scheme is to seek to generate income, consistent with prudent risk, from a portfolio which is substantially constituted of quality debt securities. The Scheme will also seek to generate capital appreciation by investing a smaller portion of its corpus in equity and equity related securities of issuers domiciled in India. There is no assurance that the investment objective of the Scheme will be achieved.
Asset allocation
- Debt and Money Market Securities: 75% - 90%
- Equity and Equity Related Securities : 10% - 25%
- InvITs / ETCDs / Units of Mutual Fund (including Gold ETF & Silver ETF): 0% - 15%
- For detailed asset allocation pattern, please refer to the Scheme Information Document
Type of scheme
An open ended hybrid scheme investing predominantly in debt instruments
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back.
- CRISIL Hybrid 85+15 - Conservative Index
- Risk level at launchRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Moderately High
- New fund offer
- 27 Apr 2004 to 25 May 2004
- Units first allotted
- 11 Jun 2004
- Open for sale again
- 14 Jun 2004
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹1,000
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | MUTF_IN | First NAV |
|---|---|---|---|---|---|
| Direct Growth | 118994 | INF740K01NO5 | DSP_CONS_HYBR_1N2K1GQ | 3 Jan 2013 | |
| Regular Growth | 102448 | INF740K01441 | DSP_CONS_HYBR_10WVA9 | 3 Apr 2006 | |
| Direct IDCW | 118992 | INF740K01NP2 | INF740K01NR8 | DSP_CONS_HYBR_S7TOPQ | 3 Jan 2013 |
| Regular IDCW | 102450 | INF740K01458 | INF740K01466 | DSP_CONS_HYBR_1VQXW97 | 3 Apr 2006 |
This fund
- Scheme information documentThe fund's objective, terms, costs and risks in full
Factsheet
- Factsheet September 2026DSP Mutual Fund, Sep 2026
Statement of additional information
- SAI DSP Mutual FundDSP Mutual Fund, Oct 2026
Annual report
- Annual Report for the Financial Year 2025 – 2026 (For all DSP Schemes)DSP Mutual Fund, Mar 2026
- Abridged Annual Reports For Financial Year 2025-26 (For our Fixed Maturity Plans (Live and Matured))DSP Mutual Fund, Mar 2026
- Abridged Annual Reports For Financial Year 2025-26 (For our Equity Schemes)DSP Mutual Fund, Mar 2026
- Abridged Annual Reports For Financial Year 2025-26 (For our Hybrid Schemes and Multi Asset Scheme)DSP Mutual Fund, Mar 2026
Riskometer disclosure
- Changes in risk level of schemes and other details during FY 2025- 2026DSP Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Portfolio overlap 30 sepDSP Mutual Fund, Sep 2026