Nippon India Conservative Hybrid Fund Direct IDCW NAV today
AMFI: 118727ISIN: INF204K01YW2MUTF_IN: NIPP_INDI_CONS_2U78ZZNippon India Mutual FundConservative Hybrid funds
Formerly Nippon India Hybrid Bond Fund, Reliance Hybrid Bond Fund
NAV ₹11.6005
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.
- ₹977 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.
- 1.01%19 Oct 2026
- 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.
- 19.530 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.
- 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.
- 8430 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer.
- 29 Dec 2003
Nippon India Conservative Hybrid Fund returns
Read from the direct 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 | −0.50% | – | – | – | – |
| 1 month | −0.79% | – | 1 of 18 | −1.85% | −2.1% to −1.5% |
| 3 months | +0.16% | – | 1 of 18 | −1.74% | −1.9% to −1.2% |
| 6 months | +2.04% | – | 1 of 18 | −0.02% | −0.5% to +0.3% |
| 1 year | +4.58% | +2.78%to 30 Sep 2026 | 1 of 18 | +0.47% | −0.7% to +1.3% |
| 3 years | +8.33% | +7.03%to 30 Sep 2026 | 2 of 18 | +7.62% | +7.0% to +8.2% |
| 5 years | +7.90% | +6.19%to 30 Sep 2026 | 3 of 18 | +7.07% | +6.4% to +7.7% |
| 10 years | +5.85% | +7.78%to 30 Sep 2026 | 17 of 17 | +7.60% | +7.0% to +8.1% |
₹10,000 put in on 2 Jan 2013 is ₹27,037 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 Direct 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 | +6.37% | +2.78% |
| 3 years | +8.49% | +7.03% |
| 5 years | +8.14% | +6.19% |
| 10 years | +6.02% | +7.78% |
| Since launch | +7.53% | +8.49% |
Benchmark: CRISIL Hybrid 85+15 - Conservative Index. Both as the fund house states them for the month.
Return in each calendar year
- Fund, Direct 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 2014, +24.5%; lowest year to Dec 2020, −7.9%
Nippon India 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 | ₹1,22,294₹1,22,288 after stamp duty | +3.72% | +3.71% | ₹6 | |
| 3 years36 instalments | ₹3,60,000 | ₹3,99,600₹3,99,580 after stamp duty | +7.00% | +7.00% | ₹18 | |
| 5 years60 instalments | ₹6,00,000 | ₹7,31,577₹7,31,540 after stamp duty | +7.93% | +7.93% | ₹30 | |
| 10 years120 instalments | ₹12,00,000 | ₹16,93,165₹16,93,116 after stamp duty | +6.72% | +6.72% | ₹38 | |
| Since Jan 2013165 instalments | ₹16,50,000 | ₹27,03,288₹27,03,239 after stamp duty | +6.88% | +6.88% | ₹38 |
From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Rolling returns
Per cent a year, every window from 2 Jan 2013 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 year3,091 windows−17.3%+8.1%+29.4%91.1%
3 years2,615 windows−1.7%+7.2%+16.0%92.4%
5 years2,132 windows+2.2%+6.4%+12.5%100.0%
10 years922 windows+5.8%+6.8%+8.1%100.0%
Every 5 and 10-year window ended higher than it started.From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Nippon India 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.
- 0.79 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.
- 1.01%Over the last 30 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.
- 1.80%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 1.58%, May 2020.Direct plan lowest 0.56%, Mar 2023.
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. | 0.85% | 1.53% |
| Brokerage | 0.01% | 0.01% |
| Transaction costs | None | None |
| Statutory levies | 0.15% | 0.26% |
Per cent of assets a year, filed for 19 Oct 2026. The parts add up to that day's total.
Exit load, in the fund house's words
10% of the units allotted shall be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units. Any redemption in excess of such limit in the first 12 months from the date of allotment shall be subject to the following exit load. Redemption of units would be done on First in First out Basis (FIFO): 1% if redeemed or switched out on or before completion of 12 months from the date of allotment of units. Nil, if redeemed or switched out after completion of 12 months from the date of allotment of units. Not applicable for Segregated PortfolioMoreLess
Buying and selling
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase.
- ₹5,000
- Minimum top-up
- ₹1,000
- Minimum redemption
- ₹100
- SIP
- Accepted
- SIP dates
- 1st to 31st of a month
- 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 minimum
- Rs.100/- per month (minimum 60 months) Rs.500/- per month (minimum 12 months) Rs.1000/- per month (minimum 6 months) Rs. 500/- per quarter (minimum 12 quarters) Rs.1500/- per quarter (minimum 4 quarters) Rs. 5000/- per year (minimum 2 years)
- SIP instalments, at least
- 60 months for Rs. 100 per month 12 months for Rs. 500 per month 6 months for Rs. 1,000 per month 12 quarters for Rs. 500 per quarter 4 quarters for Rs. 1500 per quarter 2 years for Rs. 5000 per Year
As listed for this plan on 24 Oct 2026.
Nippon India 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.
- ₹979 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.
- 27.6%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
Largest ₹8,393 Cr, quarter to Mar 2011.
Assets at each month end
Highest ₹2,029 Cr, Jan 2019.Lowest ₹694 Cr, May 2022.
Nippon India 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. | ||||
|---|---|---|---|---|---|---|---|
| 7.03% State Government SecuritiesSOVEREIGN, 7.03% coupon, repaid 2 Mar 2030 | Bonds and bills | 5.07% | 49.50 | 50,00,000 | 7.50% | Oct 2025 | |
| 10.5% Triumph Composites LimitedFITCH AA-, repaid 27 Apr 2031 | Bonds and bills | 4.06% | 39.70 | 4,000 | 11.28% | Jul 2026 | |
| 8.45% Adani Airport Holdings LimitedCRISIL AA-, repaid 12 Feb 2029 | Bonds and bills | 4.05% | 39.60 | 4,000 | 9.24% | Mar 2026 | |
| 9.75% Delhi International Airport LimitedICRA AA, repaid 22 Aug 2030 | Bonds and bills | 3.75% | 36.65 | 3,600 | 9.10% | Sep 2024 | |
| 5% GMR Airports LimitedCRISIL AA-, repaid 13 Feb 2027 | Bonds and bills | 3.48% | 33.99 | 3,200 | 9.38% | Sep 2025 | |
| Samriddhi TrustFITCH A+(SO), repaid 15 Aug 2031 | Bonds and bills | 3.45% | 33.76 | 26 | 13.38% | Sep 2026 | |
| 10.96% Gaursons India Private LimitedICRA A-, 10.96% coupon, repaid 26 Dec 2028 | Bonds and bills | 3.37% | 32.95 | 3,300 | 12.35% | Apr 2026 | |
| Auxilo Finserve Private LimitedCRISIL A+, repaid 11 Aug 2028 | Bonds and bills | 3.08% | 30.07 | 3,000 | 12.16% | Feb 2026 | |
| 10.2% Navi Finserv LimitedFITCH A, repaid 5 Aug 2027 | Bonds and bills | 3.07% | 30.02 | 30,000 | 10.61% | Dec 2025 | |
| 10.4% Muthoot Fincorp LtdCRISIL AA, repaid 30 Dec 2033 | Bonds and bills | 3.07% | 30.04 | 30,000 | 10.88% | Feb 2026 | |
| JSW Kalinga Steel LimitedCRISIL AA, repaid 23 Mar 2029 | Bonds and bills | 2.66% | 26.01 | 2,500 | 8.97% | Mar 2026 | |
| 9.5% Vedanta Aluminium Metal LimitedICRA AA+, repaid 20 Aug 2027 | Bonds and bills | 2.58% | 25.18 | 2,500 | 8.60% | Feb 2025 | |
| 8.28% Suryapet Khammam Road LtdCARE AAA, repaid 30 Jun 2031 | Bonds and bills | 2.57% | 25.13 | 3,862 | 9.04% | Jun 2025 | |
| 9.95% Hiranandani Financial Services Private LimitedCARE A+, repaid 24 Feb 2028 | Bonds and bills | 2.56% | 25.05 | 2,500 | 9.70% | Feb 2025 | |
| 8% Adani Power LimitedCRISIL AA, repaid 27 Jan 2028 | Bonds and bills | 2.55% | 24.90 | 2,500 | 8.61% | Apr 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. | ||
|---|---|---|
| Triparty Repo | 12.51% | 122.25 |
| Net Current Assets | 0.76% | 6.83 |
| Cash Margin - CCIL | 0.07% | 0.67 |
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.
- 5.07%7.03% State Government Securities
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions.
- 20.41%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions.
- 36.45%
- Top 10 sharesTop 10 shares. The share of the fund held in its ten largest shareholdings, bonds and fund units left out.
- 5.11%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights.
- 34.5Taken over 86.66% 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 shares10.58%
- Bonds and bills68.51%
- REIT and InvIT units7.28%
- Units of other funds0.29%
- Cash and receivables13.34%
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 cap89.51%Category 69.08%
- Mid cap10.49%Category 17.34%
- Small capNoneCategory 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.13sectors
- Financial Services4.15%Category 6.29%
- Oil Gas & Consumable Fuels1.11%Category 1.08%
- Automobile And Auto Components1.00%Category 1.56%
- Information Technology0.79%Category 1.15%
- Fast Moving Consumer Goods0.70%Category 1.11%
- Healthcare0.60%Category 1.96%
- Power0.48%Category 0.62%
- Metals & Mining0.46%Category 0.28%
- Construction0.39%Category 0.41%
- Consumer Durables0.33%Category 0.66%
- Telecommunication0.29%Category 0.67%
- Construction Materials0.27%Category 0.23%
- Consumer Services0.01%Category 0.62%
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 Services11 companies | 4.15% | 4.23% | 4.24% | 4.25% | 4.28% | 4.41% | 4.10% | 4.81% | 4.74% | 4.94% | 5.24% | 5.09% | |
| Oil Gas & Consumable Fuels3 companies | 1.11% | 1.00% | 1.05% | 1.04% | 1.10% | 1.19% | 1.14% | 1.15% | 1.16% | 1.27% | 1.26% | 1.24% | |
| Automobile And Auto Components5 companies | 1.00% | 1.27% | 1.30% | 1.20% | 1.14% | 1.14% | 1.08% | 1.25% | 1.18% | 1.29% | 1.28% | 1.27% | |
| Information Technology4 companies | 0.79% | 0.89% | 0.90% | 0.79% | 0.91% | 0.95% | 1.00% | 1.04% | 1.28% | 1.28% | 1.27% | 1.21% | |
| Fast Moving Consumer Goods5 companies | 0.70% | 0.73% | 0.70% | 0.69% | 0.72% | 0.76% | 0.70% | 0.76% | 0.78% | 0.85% | 0.87% | 0.89% | |
| Healthcare5 companies | 0.60% | 0.63% | 0.62% | 0.60% | 0.60% | 0.58% | 0.57% | 0.57% | 0.54% | 0.59% | 0.61% | 0.60% | |
| Power3 companies | 0.48% | 0.49% | 0.52% | 0.55% | 0.36% | 0.39% | 0.37% | 0.37% | 0.34% | 0.32% | 0.33% | 0.35% | |
| Metals & Mining3 companies | 0.46% | 0.47% | 0.47% | 0.46% | 0.52% | 0.51% | 0.46% | 0.50% | 0.48% | 0.45% | 0.43% | 0.47% | |
| Construction1 company | 0.39% | 0.42% | 0.41% | 0.44% | 0.44% | 0.43% | 0.38% | 0.46% | 0.43% | 0.45% | 0.45% | 0.45% | |
| Consumer Durables2 companies | 0.33% | 0.37% | 0.37% | 0.34% | 0.33% | 0.34% | 0.30% | 0.33% | 0.32% | 0.35% | 0.34% | 0.32% | |
| Telecommunication1 company | 0.29% | 0.49% | 0.53% | 0.51% | 0.51% | 0.52% | 0.50% | 0.52% | 0.56% | 0.60% | 0.60% | 0.59% | |
| Construction Materials2 companies | 0.27% | 0.30% | 0.28% | 0.29% | 0.29% | 0.27% | 0.27% | 0.30% | 0.30% | 0.29% | 0.29% | 0.29% |
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.
- 9.63%Lines stating a yield: 84.49% of the bond book
- Yield after expensesYield after expenses. The yield to maturity less the plan's expense ratio.
- 8.63%Direct 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
- Sovereign9.05%
- AAA9.84%
- AA32.13%
- A17.49%
Other
- Overnight lending12.58%
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 month12.58%
- 1 to 3 months0.71%
- 3 to 6 months3.48%
- 6 to 12 months5.65%
- 1 to 3 years30.51%
- 3 to 5 years24.09%
- 5 to 10 years4.07%
- Over 10 yearsNone
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.
- 4.06%TRIUMPH COMPOSITES PRIVATE 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.
- 19.30%
- Top 10 borrowersLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 34.55%
Per cent of the fund's net assets. Lent outside the government: 59.46% of the fund, to 26 borrowers; the borrower is named for 100.00% of it, its group for 40.58%.
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.
- 23.96% 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.
- 79.77% of the fund before
- MaturedMatured. Bonds and deposits whose repayment date fell between the two portfolios, so they were repaid rather than sold. One sold in its last days reads the same.
- 1
- 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.
- 3
- 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.
- 78
- 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.
- 3.96%
- 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.
- 12.99%
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. | ||||
|---|---|---|---|---|---|
| 8.55% Aditya Birla Real Estate Limited | Sold out | – | 3.56% | −3.56 pts | −3,500 |
| Samriddhi Trust | New | 3.45% | 0.00% | +3.45 pts | +26 |
| 9.25% Truhome Finance Limited | Sold out | – | 2.56% | −2.56 pts | −2,500 |
| JTPM Metal Traders Limited | Sold out | – | 2.19% | −2.19 pts | −2,000 |
| Trust Investment Advisors Private Limited | Matured | – | 2.02% | −2.02 pts | – |
| 8.2% Adani Power Limited | Sold out | – | 1.01% | −1.01 pts | −1,000 |
| 5% GMR Airports Limited | New | 0.51% | 0.00% | +0.51 pts | +500 |
| 8.28% Mancherial Repallewada Road Private Limited | Added | 2.21% | 2.43% | −0.22 pts | +173 |
| 9.4% Indostar Home Finance Private Limited | Sold out | – | 0.20% | −0.20 pts | −500 |
| Bharti Airtel | Trimmed | 0.29% | 0.49% | −0.20 pts | −10,000 |
| SBI Life Insurance Company | Added | 0.26% | 0.09% | +0.17 pts | +10,000 |
| Coal India | Added | 0.25% | 0.09% | +0.16 pts | +35,000 |
| Hero MotoCorp | Sold out | – | 0.16% | −0.16 pts | −2,838 |
| Tata Motors | Sold out | – | 0.09% | −0.09 pts | −19,594 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7.03% State Government Securities | 5.52%Bought | 5.49% | 5.40% | 5.35% | 5.34% | 5.34% | 5.22% | 5.18% | 5.19% | 5.14% | 5.07% | 5.07% |
| 10.5% Triumph Composites Limited | – | – | – | – | – | – | – | – | – | 4.10%Bought | 4.05% | 4.06% |
| 8.45% Adani Airport Holdings Limited | – | – | – | – | – | 2.67%Bought | 2.64% | 2.61% | 2.58% | 2.56% | 4.02%Added | 4.05% |
| 9.75% Delhi International Airport Limited | 2.93% | 2.92% | 2.86% | 2.82% | 2.83% | 2.84% | 3.81%Added | 3.80% | 3.84% | 3.78% | 3.72% | 3.75% |
| 5% GMR Airports Limited | 2.75% | 3.31%Added | 3.49%Added | 3.50% | 3.50% | 3.55% | 3.50% | 3.48% | 3.47% | 3.45% | 3.44% | 3.48% |
| Samriddhi Trust | – | – | – | – | – | – | – | – | – | – | – | 3.45%Bought |
| 10.96% Gaursons India Private Limited | – | – | – | – | – | – | 3.44%Bought | 3.41% | 3.39% | 3.36% | 3.35% | 3.37% |
| Auxilo Finserve Private Limited | – | – | – | – | 3.15%Bought | 3.21% | 3.14% | 3.13% | 3.11% | 3.07% | 3.05% | 3.08% |
| 10.2% Navi Finserv Limited | – | – | 3.18%Bought | 3.18% | 3.15% | 3.20% | 3.14% | 3.12% | 3.09% | 3.05% | 3.05% | 3.07% |
| 10.4% Muthoot Fincorp Ltd | – | – | – | – | 3.58%Bought | 3.12%Cut | 3.13%Added | 3.13% | 3.12% | 3.07% | 3.05% | 3.07% |
| JSW Kalinga Steel Limited | – | – | – | – | – | 2.69%Bought | 2.61% | 2.63% | 2.66% | 2.64% | 2.63% | 2.66% |
| 9.5% Vedanta Aluminium Metal Limited | 2.75% | 2.73% | 2.70% | 2.69% | 2.66% | 2.70% | 2.65% | 2.62% | 2.61% | 2.58% | 2.56% | 2.58% |
| 8.28% Suryapet Khammam Road Ltd | 3.42% | 3.41% | 2.98% | 2.95% | 2.92% | 2.95% | 2.91% | 2.89% | 2.61% | 2.58% | 2.56% | 2.57% |
| 9.95% Hiranandani Financial Services Private Limited | 2.72% | 2.71% | 2.67% | 2.65% | 2.63% | 2.66% | 2.63% | 2.61% | 2.59% | 2.57% | 2.55% | 2.56% |
| 8% Adani Power Limited | – | – | – | – | – | – | 2.61%Bought | 2.59% | 2.58% | 2.55% | 2.53% | 2.55% |
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 Direct 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.2.36%
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.1.00%
1.00%Lowest2.26%Average3.09%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.0.98
−0.20Lowest0.39Average0.98Highest
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.1.51
−0.25Lowest0.58Average1.51Highest
From the Direct 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 | −1.80% | 26 Feb 2026 | 23 Mar 2026 | 17 Apr 2026 |
| 5 years | −2.12% | 4 Apr 2022 | 13 May 2022 | 28 Jul 2022 |
| 10 years and since Jan 2013 | −18.95% | 16 Jan 2020 | 23 Mar 2020 | 12 Oct 2021 |
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. |
|---|---|---|
| Oct 2025 to Aug 202611 months | High | Moderately HighCRISIL Hybrid 85+15 - Conservative Index |
| May 2025 to Sep 20255 months | High | ModerateCRISIL Hybrid 85+15 - Conservative Index |
| Apr 2023 to Apr 202525 months | High | Moderately HighCRISIL Hybrid 85+15 - Conservative Index |
| Dec 2022 to Mar 20234 months | High | HighCRISIL Hybrid 85+15 - Conservative Index |
| Dec 2021 to Nov 202212 months | High | Moderately HighCRISIL Hybrid 85+15 - Conservative Index |
| Oct 2021 to Nov 20212 months | Very 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.
Nippon India 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. | ||
|---|---|---|---|---|---|---|---|---|
| Sushil BudhiaPrimar | Feb 2020 | +6.72%a year | – | – | 23.8% | 25.2% | 11 | ₹45,641 Cr₹1,854 Cr alone |
| Dhrumil ShahCo-Fund Manager | Sep 2021 | +8.14%a year | – | – | 13.4% | 32.0% | 5 | ₹19,815 Cr₹401 Cr alone |
Returns are the direct 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. | ||
|---|---|---|---|---|---|
| Nippon India Multi Asset Allocation FundSushil Budhia | Mar 2021 | +15.96%a year | – | – | ₹18,044 Cr |
| Nippon India Balanced Advantage FundSushil Budhia | Mar 2021 | +10.60%a year | – | – | ₹9,532 Cr |
| Nippon India Short Term FundSushil Budhia | Mar 2021 | +6.71%a year | – | – | ₹6,364 Cr |
| Nippon India Aggressive Hybrid FundSushil Budhia | Feb 2020 | +11.38%a year | – | – | ₹3,857 Cr |
| Nippon India Multi - Asset Omni FoFSushil Budhia | Mar 2021 | +16.40%a year | – | – | ₹3,012 Cr |
| Nippon India Credit Risk FundSushil Budhia | Feb 2020 | +6.74%a year | – | – | ₹1,708 Cr |
| Nippon India Equity Savings FundSushil Budhia | Feb 2020 | +6.17%a year | – | – | ₹744 Cr |
| Nippon India Income Plus Arbitrage Omni Fund of FundSushil Budhia | Sep 2026 | +0.47%over 42 days | – | – | ₹628 Cr |
| Nippon India Income Plus Arbitrage Active Fund of FundSushil Budhia | Jun 2025 | +5.37%a year | – | – | ₹628 Cr |
| Nippon India Medium Term FundSushil Budhia | Feb 2020 | – | – | – | ₹146 Cr |
Up to ten funds a manager, largest first. Returns are the direct 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. | |
|---|---|---|
| Axis Conservative Hybrid FundAxis Mutual Fund | 11.11% | 26 |
| Aditya Birla Sun Life Conservative Hybrid FundAditya Birla Sun Life Mutual Fund | 9.79% | 26 |
| SBI Conservative Hybrid FundSBI Mutual Fund | 8.23% | 12 |
| ICICI Prudential Conservative Hybrid FundICICI Prudential Mutual Fund | 7.62% | 22 |
| HDFC Conservative Hybrid FundHDFC Mutual Fund | 7.15% | 22 |
| UTI Conservative Hybrid FundUTI Mutual Fund | 6.92% | 25 |
| Kotak Conservative Hybrid FundKotak Mahindra Mutual Fund | 5.83% | 18 |
| Sundaram Conservative Hybrid FundSundaram Mutual Fund | 5.48% | 14 |
| Franklin India Conservative Hybrid FundFranklin Templeton Mutual Fund | 5.12% | 16 |
| DSP Conservative Hybrid FundDSP Mutual Fund | 4.68% | 15 |
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. | |
|---|---|
| Nippon India Aggressive Hybrid FundNippon India Mutual Fund | 16.62% |
| Nippon India Balanced Advantage FundNippon India Mutual Fund | 15.66% |
| Nippon India Equity Savings FundNippon India Mutual Fund | 12.47% |
| Nippon India Arbitrage FundNippon India Mutual Fund | 10.30% |
| Nippon India Multi Asset Allocation FundNippon India Mutual Fund | 10.23% |
As the fund house states it, for Sep 2026.
Nippon India 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.
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 ₹0.196 a unit, Apr 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 | |
|---|---|---|---|---|
| 20 Aug 2026 | ₹0.0944 | 0.80% | ₹11.7914 | ₹11.6892 |
| 20 Jul 2026 | ₹0.1051 | 0.89% | ₹11.7973 | ₹11.6970 |
| 22 Jun 2026 | ₹0.1107 | 0.94% | ₹11.8130 | ₹11.6922 |
| 20 Apr 2026 | ₹0.0134 | 0.11% | ₹11.6944 | ₹11.7023 |
| 20 Feb 2026 | ₹0.1315 | 1.11% | ₹11.8023 | ₹11.6810 |
| 22 Dec 2025 | ₹0.0651 | 0.55% | ₹11.7395 | ₹11.6708 |
| 20 Nov 2025 | ₹0.0872 | 0.74% | ₹11.7682 | ₹11.6744 |
| 20 Oct 2025 | ₹0.1394 | 1.18% | ₹11.8155 | ₹11.6810 |
| 22 Sep 2025 | ₹0.0827 | 0.70% | ₹11.7514 | ₹11.6761 |
| 20 Aug 2025 | ₹0.059 | 0.50% | ₹11.7282 | ₹11.6687 |
| 21 Jul 2025 | ₹0.1103 | 0.94% | ₹11.7838 | ₹11.6692 |
| 20 Jun 2025 | ₹0.0821 | 0.70% | ₹11.7570 | ₹11.6735 |
The latest 120 of 136 payouts since 22 Jul 2013.
Changes to the fund
Newest first.
2026
- 1 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 generate regular income in order to make regular dividend payments to unitholders and the secondary objective is growth of capital.
Asset allocation
- Debt and Money Market Instruments;
- Maximum 90%, Minimum 75%. Equities and Equity related Securities;
- Maximum 25%, Minimum 10%. Units issued by REITs and InvITs;
- Maximum 10%, Minimum 0%.
Type of scheme
Hybrid: Conservative Hybrid Fund
- Stated category
- Hybrid
- 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
- 10 Dec 2003 to 29 Dec 2003
- Units first allotted
- 29 Dec 2003
- Open for sale again
- 29 Dec 2003
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹5,000
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | MUTF_IN | First NAV |
|---|---|---|---|---|---|
| Direct Growth | 118726 | INF204K01YV4 | NIPP_INDI_CONS_2ZXGCI | 2 Jan 2013 | |
| Regular Growth | 102172 | INF204K01FD1 | NIPP_INDI_CONS_QSMWDX | 3 Apr 2006 | |
| Direct IDCW | 118727 | INF204K01YW2 | INF204K01YX0 | NIPP_INDI_CONS_2U78ZZ | 2 Jan 2013 |
| Regular IDCW | 102173 | INF204K01FE9 | INF204K01FF6 | NIPP_INDI_CONS_1NL4I0A | 3 Apr 2006 |
This fund
- Scheme information document (opens in a new tab)The fund's objective, terms, costs and risks in full
Factsheet
- Fundamentals \ E-Factsheet: October 2026 (opens in a new tab)Nippon India Mutual Fund, Sep 2026
Statement of additional information
- SAI Nippon India Mutual Fund (opens in a new tab)Nippon India Mutual Fund, Oct 2026
Annual report
- Abridged Scheme Account 2025-2026 - ight face intermittent issues with NetBanking payment mode during Purchase transaction on our Digital assets. Kindly use an alternative payment mode. Regret the inconvenience caused. --> --> --> Custom Title Abridged Scheme Account 2025 - 26 Page Content 1. Consol (opens in a new tab)Nippon India Mutual Fund, Mar 2026
- Abridged Scheme Account 2025-2026 - 2. Consolidated Debt Schemes (opens in a new tab)Nippon India Mutual Fund, Mar 2026
- Abridged Scheme Account 2025-2026 - 3. Consolidated Exchange Traded Funds (opens in a new tab)Nippon India Mutual Fund, Mar 2026
- Abridged Scheme Account 2025-2026 - 4.Consolidate Interval Funds and Fixed Maturity Plans (opens in a new tab)Nippon India Mutual Fund, Mar 2026
Riskometer disclosure
- Download (opens in a new tab)Nippon India Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Portfolio Overlap (opens in a new tab)Nippon India Mutual Fund, Sep 2026
- Portfolio-Overlap-30-Sep-2026 (opens in a new tab)Nippon India Mutual Fund, Sep 2026