Parag Parikh Conservative Hybrid Fund Regular Growth NAV today
AMFI: 148959ISIN: INF879O01209MUTF_IN: PARA_PARI_CNSV_31M7DHPPFAS Mutual FundConservative Hybrid funds
NAV ₹15.5487down ₹0.05 (0.32%)
NAV for 23 Oct 2026, against 22 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.
- ₹3,454 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.
- 0.67%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.
- 10.130 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.
- 7830 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer.
- 26 May 2021
Parag Parikh Conservative Hybrid Fund returns
Regular Growth plan
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 | −0.89% | – | – | – | – |
| 1 month | −1.99% | – | 11 of 18 | −1.93% | −2.2% to −1.6% |
| 3 months | −1.96% | – | 11 of 18 | −1.92% | −2.1% to −1.4% |
| 6 months | −0.04% | – | 6 of 18 | −0.34% | −0.9% to 0.0% |
| 1 year | +1.27% | +2.78%to 30 Sep 2026 | 3 of 18 | −0.31% | −1.3% to +0.5% |
| 3 years | +8.29% | +7.03%to 30 Sep 2026 | 1 of 18 | +6.61% | +6.0% to +7.4% |
| 5 years | +8.30% | +6.19%to 30 Sep 2026 | 2 of 18 | +6.10% | +5.3% to +6.8% |
| 10 years | Needs 10 years | – | – | +6.36% | +5.8% to +7.0% |
₹10,000 put in on 28 May 2021 is ₹15,544 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 | +3.75% | +2.78% |
| 3 years | +8.79% | +7.03% |
| 5 years | +8.70% | +6.19% |
| Since launch | +8.92% | +6.50% |
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.
Highest year to Dec 2023, +13.7%; lowest year to Dec 2025, +7.4%
Parag Parikh 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 | ₹1,19,731₹1,19,725 after stamp duty | −0.43% | −0.44% | ₹6 | |
| 3 years36 instalments | ₹3,60,000 | ₹3,86,139₹3,86,120 after stamp duty | +4.67% | +4.67% | ₹18 | |
| 5 years60 instalments | ₹6,00,000 | ₹7,23,302₹7,23,265 after stamp duty | +7.47% | +7.47% | ₹30 | |
| Since May 202165 instalments | ₹6,50,000 | ₹8,00,077₹8,00,037 after stamp duty | +7.65% | +7.65% | ₹33 |
10 years: Launched 26 May 2021, needs 10 years of history.
Rolling returns
Per cent a year, every window from 28 May 2021 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 year1,069 windows+1.3%+9.7%+19.4%100.0%
3 years587 windows+8.3%+11.1%+12.7%100.0%
5 yearsLaunched 26 May 2021, needs 6 years of history
Every 1 and 3-year window ended higher than it started.
Parag Parikh 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.
- 0.35 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.
- 0.32%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.
- 0.67%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 0.35%, Mar 2025.Direct plan lowest 0.28%, May 2026.
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. | 0.24% | 0.54% |
| Brokerage | 0.01% | 0.01% |
| Transaction costs | None | None |
| Statutory levies | 0.07% | 0.12% |
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
In respect of each purchase / switch-in of Units, 10% of the units (“the limit”) may be redeemed without any exit load from the date of allotment. Any redemption or switch-out in excess of the limit shall be subject to the following exit load: - Exit load of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment of units. - No Exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotmentMoreLess
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
- ₹1,000
- SIP
- Accepted
- SIP minimum
- Monthly: 1000/Quarterly : 3000
- SIP instalments, at least
- Monthly - 6; Quarterly - 4
- 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 dates
- Any date within Month or Quarter (up to a maximum of 6 dates per application)
As listed for this plan on 24 Oct 2026.
Parag Parikh 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.
- ₹3,475 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.
- 76.4%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
The latest quarter is the largest since the quarter to Jun 2021.
Assets at each month end
Highest ₹3,481 Cr, Aug 2026.Lowest ₹862 Cr, May 2022.
Parag Parikh 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. | ||||
|---|---|---|---|---|---|---|---|
| 7.21% Tamilnadu SDL (MD 21/01/2032)Sovereign, 7.21% coupon, repaid 21 Jan 2032 | Bonds and bills | 5.55% | 191.78 | 1,95,00,000 | 7.73% | Jul 2026 | |
| Brookfield India Real Estate TrustRealty | REIT or InvIT units | 5.06% | 174.74 | 52,00,248 | – | Jun 2021or earlier | |
| Embassy Office Parks REITRealty | REIT or InvIT units | 5.01% | 172.87 | 39,79,328 | – | Jun 2021or earlier | |
| 7.08% Uttar Pradesh SDL (MD 17/02/2031)Sovereign, 7.08% coupon, repaid 17 Feb 2031 | Bonds and bills | 4.27% | 147.64 | 1,50,00,000 | 7.65% | Sep 2025 | |
| 7.08% Karnataka SDL (MD 12/08/2031)Sovereign, 7.08% coupon, repaid 12 Aug 2031 | Bonds and bills | 3.99% | 137.87 | 1,40,00,000 | 7.59% | Sep 2025 | |
| 7.72% Maharashtra SDL (MD 01/03/2031)Sovereign, 7.72% coupon, repaid 1 Mar 2031 | Bonds and bills | 3.66% | 126.34 | 1,25,00,000 | 7.57% | Nov 2025 | |
| 7.72% Maharashtra SDL (MD 23/03/2032)Sovereign, 7.72% coupon, repaid 23 Mar 2032 | Bonds and bills | 2.91% | 100.57 | 1,00,00,000 | 7.73% | Dec 2025 | |
| 7.38% Karnataka SDL (MD 04/09/2034)Sovereign, 7.38% coupon, repaid 4 Sep 2034 | Bonds and bills | 2.69% | 92.98 | 95,00,000 | 7.89% | Mar 2026 | |
| 7.73% Maharashtra SDL (MD 29/03/2032)Sovereign, 7.73% coupon, repaid 29 Mar 2032 | Bonds and bills | 2.48% | 85.52 | 85,00,000 | 7.73% | Sep 2024 | |
| 8.15% Tata Capital Ltd NCD (MD 11/06/2029)CRISIL AAA, 8.15% coupon, repaid 11 Jun 2029 | Bonds and bills | 2.46% | 84.86 | 8,500 | 8.19% | Jun 2026 | |
| Knowledge Realty TrustRealty | REIT or InvIT units | 2.34% | 80.85 | 71,28,294 | – | Aug 2026 | |
| 7.76% Maharashtra SDL (MD 04/10/2030)Sovereign, 7.76% coupon, repaid 4 Oct 2030 | Bonds and bills | 2.20% | 75.92 | 75,00,000 | 7.54% | May 2023 | |
| 7.75% LIC Housing Fin Ltd NCD Tr444 (MD23/08/29)CRISIL AAA, 7.75% coupon, repaid 23 Aug 2029 | Bonds and bills | 2.16% | 74.60 | 7,500 | 7.95% | Jun 2025 | |
| 7.42% SIDBI NCD Sr VII (MD 12/03/2029)CRISIL AAA, 7.42% coupon, repaid 12 Mar 2029 | Bonds and bills | 2.15% | 74.25 | 7,500 | 7.85% | Aug 2026 | |
| 7.49% SIDBI NCD Ser VIII (MD 11/06/2029)CRISIL AAA, 7.49% coupon, repaid 11 Jun 2029 | Bonds and bills | 2.15% | 74.29 | 7,500 | 7.87% | Mar 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. | ||
|---|---|---|
| TRP_011026 | 1.28% | 44.25 |
| Net Receivables / (Payables) | 1.23% | 41.26 |
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.
- 5.55%7.21% Tamilnadu SDL (MD 21/01/2032)
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions.
- 23.88%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions.
- 38.08%
- Top 10 sharesTop 10 shares. The share of the fund held in its ten largest shareholdings, bonds and fund units left out.
- 9.83%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights.
- 39.4Taken over 97.49% 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 shares9.83%
- Bonds and bills73.96%
- REIT and InvIT units12.41%
- Units of other funds1.29%
- Cash and receivables2.51%
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 cap72.23%Category 69.08%
- Mid cap21.26%Category 17.34%
- Small cap6.51%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.6sectors
- Oil Gas & Consumable Fuels4.16%Category 1.08%
- Fast Moving Consumer Goods2.02%Category 1.11%
- Power1.97%Category 0.62%
- Financial Services0.97%Category 6.29%
- Capital Goods0.64%Category 1.58%
- Telecommunication0.07%Category 0.67%
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 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Oil Gas & Consumable Fuels2 companies | 4.16% | 4.13% | 4.06% | 4.09% | 4.21% | 4.36% | 4.09% | 4.42% | 4.21% | 4.17% | 3.98% | 4.02% | |
| Fast Moving Consumer Goods1 company | 2.02% | 1.81% | 1.99% | 1.87% | 1.91% | 2.10% | 1.96% | 1.96% | 2.01% | 1.99% | 2.01% | 2.07% | |
| Power1 company | 1.97% | 1.85% | 2.00% | 2.00% | 2.08% | 2.08% | 2.16% | 2.06% | 1.98% | 1.99% | 1.97% | 2.01% | |
| Financial Services1 company | 0.97% | 0.80% | 1.00% | 1.00% | 0.95% | 1.00% | 0.87% | 0.97% | 1.02% | 1.01% | 1.01% | 1.02% | |
| Capital Goods1 company | 0.64% | 0.64% | 0.65% | 0.73% | 0.71% | 0.74% | 0.63% | 0.67% | 0.66% | 0.69% | 0.73% | 0.80% | |
| Telecommunication1 company | 0.07% | 0.07% | 0.07% | 0.07% | 0.08% | 0.07% | 0.08% | 0.28% | 0.30% | 0.32% | 0.08% | 0.00% | |
| Healthcare | 0.00% | 0.00% | 0.00% | 0.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Automobile And Auto Components | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Information Technology | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.41% | 0.38% | 0.40% | 0.57% | 0.59% | 0.00% | 0.00% | |
| Consumer Durables | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Consumer Services | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Construction | 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.
- 7.78%Lines stating a yield: 98.30% of the bond book
- Yield after expensesYield after expenses. The yield to maturity less the plan's expense ratio.
- 7.11%Regular plan
- Macaulay durationMacaulay duration. The weighted average time, in years, until the fund's bonds pay back their interest and principal.
- 2.89years
- Modified durationModified duration. Roughly how much the bonds' value changes, in per cent, for each one point change in interest rates.
- 2.77years
- Average maturityAverage maturity. The weighted average time, in years, until the fund's bonds are repaid.
- 3.44years
- 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
- Sovereign52.41%
- AAA21.55%
Other
- Overnight lending1.28%
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 month1.28%
- 1 to 3 monthsNone
- 3 to 6 monthsNone
- 6 to 12 months0.14%
- 1 to 3 years13.64%
- 3 to 5 years31.57%
- 5 to 10 years28.61%
- 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.
- 5.01%SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA
- Top 5 borrowersLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 17.45%
- Top 10 borrowersLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 21.55%
Per cent of the fund's net assets. Lent outside the government: 21.55% of the fund, to 8 borrowers; the borrower is named for 100.00% of it, its group for 55.55%.
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.
- 31.56% 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.
- 82.58% 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.
- 5
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth.
- 0
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price.
- 70
- 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.
- 1.56%
- 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.
- 4.53%
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. | ||||
|---|---|---|---|---|---|
| 7.73% Maharashtra SDL (MD 29/03/2032) | Added | 2.48% | 1.02% | +1.46 pts | +50,00,000 |
| 6.83% Maharashtra SDL (MD 25/05/2032) | Sold out | – | 0.84% | −0.84 pts | −30,00,000 |
| 8.15% Tata Capital Ltd NCD (MD 11/06/2029) | Added | 2.46% | 1.73% | +0.73 pts | +2,500 |
| 8.12% Bajaj Fin Ltd NCD SR289 OPTIII (MD 10/09/27) | Sold out | – | 0.72% | −0.72 pts | −2,500 |
| 7.16% NABARD NCD SR 27A (MD 14/12/2029) | New | 0.71% | 0.00% | +0.71 pts | +2,500 |
| 7.7% Bajaj Fin Ltd NCD (MD 20/09/2029) | New | 0.71% | 0.00% | +0.71 pts | +2,500 |
| 8.68% Andhra Pradesh SDL (MD 24/10/2030) | Sold out | – | 0.60% | −0.60 pts | −20,00,000 |
| 7.05% Madhya Pradesh SDL (MD 26/03/2032) | Sold out | – | 0.42% | −0.42 pts | −15,00,000 |
| ITC | Added | 2.02% | 1.81% | +0.21 pts | +2,00,000 |
| Power Finance Corporation | Added | 0.97% | 0.80% | +0.17 pts | +2,00,000 |
| 7.3% Tamilnadu SDL (MD 30/03/2032) | New | 0.14% | 0.00% | +0.14 pts | +5,00,000 |
| Power Grid Corporation of India | Added | 1.97% | 1.85% | +0.12 pts | +1,75,000 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points. Securities only: 4 futures, options and cash lines that changed are not listed.
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7.21% Tamilnadu SDL (MD 21/01/2032) | – | – | – | – | – | – | – | – | – | 5.64%Bought | 5.57% | 5.55% |
| Brookfield India Real Estate Trust | 4.39% | 4.16% | 4.09% | 4.30% | 5.12%Added | 4.59% | 5.07%Added | 4.96% | 5.04% | 5.11% | 5.10% | 5.06% |
| Embassy Office Parks REIT | 4.53% | 4.40% | 4.43% | 4.37% | 4.55%Added | 5.10%Added | 5.05% | 5.08% | 5.10% | 5.02% | 5.01% | 5.01% |
| 7.08% Uttar Pradesh SDL (MD 17/02/2031) | 4.87% | 4.76% | 4.66% | 4.61% | 4.49% | 4.51% | 4.42% | 4.41% | 4.39% | 4.32% | 4.29% | 4.27% |
| 7.08% Karnataka SDL (MD 12/08/2031) | 3.25% | 3.18% | 4.35%Added | 4.30% | 4.20% | 4.22% | 4.14% | 4.11% | 4.10% | 4.04% | 4.00% | 3.99% |
| 7.72% Maharashtra SDL (MD 01/03/2031) | Sold out | 4.08%Bought again | 4.00% | 3.95% | 3.85% | 3.87% | 3.80% | 3.77% | 3.76% | 3.70% | 3.67% | 3.66% |
| 7.72% Maharashtra SDL (MD 23/03/2032) | – | – | 0.80%Bought again | 0.79% | 0.77% | 0.77% | 0.76% | 0.75% | 0.75% | 0.74% | 2.92%Added | 2.91% |
| 7.38% Karnataka SDL (MD 04/09/2034) | – | – | – | – | – | 2.86%Bought | 2.80% | 2.79% | 2.78% | 2.74% | 2.72% | 2.69% |
| 7.73% Maharashtra SDL (MD 29/03/2032) | 1.17% | 1.14% | 1.12% | 1.10% | 1.08% | 1.08% | 1.06% | 1.05% | 1.05% | 1.04% | 1.02% | 2.48%Added |
| 8.15% Tata Capital Ltd NCD (MD 11/06/2029) | – | – | – | – | – | – | – | – | 0.67%Bought | 1.74%Added | 1.73% | 2.46%Added |
| Knowledge Realty Trust | – | – | – | – | – | – | – | – | – | – | 2.26%Bought | 2.34% |
| 7.76% Maharashtra SDL (MD 04/10/2030) | 2.53% | 2.47% | 2.42% | 2.38% | 2.33% | 2.34% | 2.28% | 2.27% | 2.26% | 2.22% | 2.20% | 2.20% |
| 7.75% LIC Housing Fin Ltd NCD Tr444 (MD23/08/29) | 0.83% | 0.81% | 0.79% | 0.78% | 0.76% | 0.76% | 0.75% | 0.74% | 0.74% | 2.17%Added | 2.15% | 2.16% |
| 7.42% SIDBI NCD Sr VII (MD 12/03/2029) | – | – | – | – | – | – | – | – | – | – | 2.14%Bought | 2.15% |
| 7.49% SIDBI NCD Ser VIII (MD 11/06/2029) | – | – | – | – | – | 2.28%Bought again | 2.23% | 2.22% | 2.21% | 2.16% | 2.14% | 2.15% |
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.
Portfolio turnover, per cent of assets a year
- TurnoverPortfolio turnover. How much of the portfolio the fund bought or sold over the last year, as a share of its assets, as the fund house states it.
Highest 0.0% in Jun 2021
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.3.49%
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.1.49%
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.0.76
−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.1.21
−0.50Lowest0.27Average1.21Highest
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, 3 and 5 years and since May 2021 | −2.62% | 13 Aug 2026 | 23 Oct 2026 | Not yet |
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 | Moderately High | Moderately HighCRISIL Hybrid 85+15 - Conservative Index |
| May 2025 to Sep 20255 months | Moderately High | ModerateCRISIL Hybrid 85+15 - Conservative Index |
| Apr 2023 to Apr 202525 months | Moderately High | Moderately HighCRISIL Hybrid 85+15 - Conservative Index |
| Dec 2022 to Mar 20234 months | Moderately High | HighCRISIL Hybrid 85+15 - Conservative Index |
| Apr 2022 to Nov 20228 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.
Parag Parikh 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. | ||
|---|---|---|---|---|---|---|---|---|
| Rajeev Thakkarfor Equity | May 2021 | +8.71%a year | – | – | – | – | 6 | ₹1,60,074 Cr |
| Raunak Onkarfor Equity | May 2021 | +8.71%a year | – | – | – | – | 6 | ₹1,60,074 Cr |
| Rukun Tarachandanifor Equity | May 2022 | +9.28%a year | – | – | 9.0% | 15.2% | 6 | ₹1,60,074 Cr |
| Raj Mehtafor Equity | Sep 2025 | +3.96%a year | – | – | 33.4% | 25.5% | 6 | ₹1,60,074 Cr |
| Tejas Somanfor Debt | Sep 2025 | +3.96%a year | – | – | 33.4% | 25.5% | 7 | ₹1,65,302 Cr |
| Mansi Kariyafor Debt | Dec 2023 | +7.84%a year | – | – | 18.0% | 12.6% | 4 | ₹1,56,285 Cr |
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. | ||
|---|---|---|---|---|---|
| Parag Parikh Flexi Cap FundRajeev Thakkar | May 2013 | +17.09%a year | +13.43% | +3.66 pts | ₹1,45,071 Cr |
| Parag Parikh ELSS Tax Saver FundRajeev Thakkar | Jul 2019 | +15.73%a year | +14.18% | +1.55 pts | ₹5,401 Cr |
| Parag Parikh Arbitrage FundRajeev Thakkar | Nov 2023 | +6.58%a year | – | – | ₹2,750 Cr |
| Parag Parikh Dynamic Asset Allocation FundRajeev Thakkar | Feb 2024 | +5.97%a year | – | – | ₹2,533 Cr |
| Parag Parikh Large Cap FundRajeev Thakkar | Feb 2026 | −7.61%over 252 days | −7.44% | −0.16 pts | ₹866 Cr |
| Parag Parikh Flexi Cap FundRaunak Onkar | May 2013 | +17.09%a year | +13.43% | +3.66 pts | ₹1,45,071 Cr |
| Parag Parikh ELSS Tax Saver FundRaunak Onkar | Jul 2019 | +15.73%a year | +14.18% | +1.55 pts | ₹5,401 Cr |
| Parag Parikh Arbitrage FundRaunak Onkar | Nov 2023 | +6.58%a year | – | – | ₹2,750 Cr |
| Parag Parikh Dynamic Asset Allocation FundRaunak Onkar | Feb 2024 | +5.97%a year | – | – | ₹2,533 Cr |
| Parag Parikh Large Cap FundRaunak Onkar | Feb 2026 | −7.61%over 252 days | −7.44% | −0.16 pts | ₹866 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. | |
|---|---|---|
| UTI Conservative Hybrid FundUTI Mutual Fund | 5.72% | 7 |
| Canara Robeco Conservative Hybrid FundCanara Robeco Mutual Fund | 3.87% | 3 |
| Nippon India Conservative Hybrid FundNippon India Mutual Fund | 3.62% | 6 |
| HSBC Conservative Hybrid FundHSBC Mutual Fund | 3.19% | 2 |
| DSP Conservative Hybrid FundDSP Mutual Fund | 3.00% | 6 |
| HDFC Conservative Hybrid FundHDFC Mutual Fund | 2.05% | 6 |
| Aditya Birla Sun Life Conservative Hybrid FundAditya Birla Sun Life Mutual Fund | 1.55% | 5 |
| Bandhan Conservative Hybrid FundBandhan Mutual Fund | 1.26% | 2 |
| Bank of India Conservative Hybrid FundBank of India Mutual Fund | 1.19% | 2 |
Portfolios for Sep 2026. Overlap is per cent of the portfolio the two funds hold in common.
Parag Parikh Conservative Hybrid Fund dividend history
Paid through the IDCW (income distribution cum capital withdrawal) option, once called a dividend.
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
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. However, there is no assurance or guarantee that the investment objective of the Scheme will be realized.
Asset allocation
- Debt securities (including securitized debt), & Money Market instruments: 75%-90%
- Equities & Equity related instruments Including REITs,: 10%-25%
- Units issued by InvITs: 0%-10%
- Gold and Silver ETFs, ETCDs: 0% - 15%
- Equity related instruments include convertible debentures, convertible preference shares, warrants carrying the right to obtain equity shares, equity derivatives, units of Real Estate Investment Trust and such other instrument as may be specified by SEBI. Money market instruments includes commercial papers, commercial bills, treasury bills, Government securities having an unexpired maturity up to one year, call or notice money, certificate of deposit, usance bills, and any other like instruments as specified by the Reserve Bank of India. “For detailed asset allocation, please refer to the Scheme Information Document (SID) available on the website.”
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 TRI
- 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
- 7 May 2021 to 21 May 2021
- Units first allotted
- 26 May 2021
- Open for sale again
- 28 May 2021
- 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 | 148958 | INF879O01175 | PARA_PARI_CNSV_1OYVP4R | 28 May 2021 | |
| Regular Growth | 148959 | INF879O01209 | PARA_PARI_CNSV_31M7DH | 28 May 2021 | |
| Direct IDCW | 148961 | INF879O01167 | INF879O01159 | PARA_PARI_CNSV_3PFC3Q | 28 May 2021 |
| Regular IDCW | 148960 | INF879O01191 | INF879O01183 | PARA_PARI_CNSV_1IFUK1P | 28 May 2021 |
This fund
- Scheme information document (opens in a new tab)The fund's objective, terms, costs and risks in full
Factsheet
- Download Factsheet (opens in a new tab)PPFAS Mutual Fund, Sep 2026
Statement of additional information
- SAI PPFAS Mutual Fund (opens in a new tab)PPFAS Mutual Fund, Oct 2026
Annual report
- Annual Report (opens in a new tab)PPFAS Mutual Fund, Mar 2026
- Abridged Annual Report (opens in a new tab)PPFAS Mutual Fund, Mar 2026
Riskometer disclosure
- Product label of the schemes September 2026 (opens in a new tab)PPFAS Mutual Fund, Sep 2026
Portfolio overlap disclosure
- Portfolio Overlap 30 Sept 2026 (opens in a new tab)PPFAS Mutual Fund, Sep 2026