SBI Conservative Hybrid Fund Direct IDCW NAV today
AMFI: 119837ISIN: INF200K01TQ2MUTF_IN: SBI_CONS_HYBR_OJD7MPSBI Mutual FundConservative Hybrid funds
Formerly SBI Debt Hybrid Fund
NAV ₹32.9278
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.
- ₹10,107 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.
- 0.98%18 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.
- 25.230 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.
- 10830 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer.
- 9 Apr 2001
SBI 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 | −1.30% | – | – | – | – |
| 1 month | −2.00% | – | 12 of 18 | −1.85% | −2.1% to −1.5% |
| 3 months | −1.25% | – | 6 of 18 | −1.74% | −1.9% to −1.2% |
| 6 months | +0.24% | – | 7 of 18 | −0.02% | −0.5% to +0.3% |
| 1 year | +2.20% | +0.29%to 30 Sep 2026 | 2 of 18 | +0.47% | −0.7% to +1.3% |
| 3 years | +7.91% | +5.80%to 30 Sep 2026 | 9 of 18 | +7.62% | +7.0% to +8.2% |
| 5 years | +7.88% | +5.44%to 30 Sep 2026 | 4 of 18 | +7.07% | +6.4% to +7.7% |
| 10 years | +8.53% | +7.41%to 30 Sep 2026 | 3 of 17 | +7.60% | +7.0% to +8.1% |
₹10,000 put in on 8 Jan 2013 is ₹34,585 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: Nifty 50 Hybrid Composite Debt 15:85 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 | +4.55% | +0.29% |
| 3 years | +8.10% | +5.80% |
| 5 years | +8.50% | +5.44% |
| 10 years | +8.79% | +7.41% |
| Since launch | +9.55% | +8.04% |
Benchmark: Nifty 50 Hybrid Composite Debt 15:85 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.
Highest year to Dec 2014, +18.7%; lowest year to Dec 2018, +0.8%
SBI 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 | ₹1,20,510₹1,20,504 after stamp duty | +0.82% | +0.81% | ₹6 | |
| 3 years36 instalments | ₹3,60,000 | ₹3,88,095₹3,88,076 after stamp duty | +5.02% | +5.01% | ₹18 | |
| 5 years60 instalments | ₹6,00,000 | ₹7,19,523₹7,19,487 after stamp duty | +7.26% | +7.26% | ₹30 | |
| 10 years120 instalments | ₹12,00,000 | ₹18,88,057₹18,88,008 after stamp duty | +8.81% | +8.81% | ₹38 | |
| Since Jan 2013165 instalments | ₹16,50,000 | ₹32,05,347₹32,05,297 after stamp duty | +9.16% | +9.16% | ₹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 8 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 year3,098 windows−4.8%+10.2%+29.2%97.3%
3 years2,620 windows+2.0%+10.1%+15.5%100.0%
5 years2,137 windows+5.5%+9.8%+14.0%100.0%
10 years926 windows+8.5%+10.0%+10.9%100.0%
Every 3, 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.
SBI 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.
- 0.51 ptsA year, on 18 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.
- 0.98%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.
- 1.49%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 1.21%, Feb 2020.Direct plan lowest 0.56%, Jul 2022.
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. | 0.80% | 1.23% |
| Brokerage | 0.01% | 0.01% |
| Transaction costs | None | None |
| Statutory levies | 0.17% | 0.25% |
Per cent of assets a year, filed for 18 Oct 2026. The parts add up to that day's total.
Exit load, in the fund house's words
For exit within 1 year from the date of allotment / - For 10% of investment - Nil / - For remaining investments - 1% / For exit after 1 year from the date of allotment - Nil
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
- ₹500
- SIP
- Not accepted
- SIP minimum
- ₹500
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Not accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold.
- None
As listed for this plan on 24 Oct 2026.
SBI 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.
- ₹10,195 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.
- 14.8%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 2010.
Assets at each month end
Highest ₹10,226 Cr, Aug 2026.Lowest ₹939 Cr, May 2020.
SBI 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. | ||||
|---|---|---|---|---|---|---|---|
| National Bank for Agriculture and Rural Development[ICRA]AAA, 7.16% coupon, repaid 14 Dec 2029 | Bonds and bills | 3.15% | 318.76 | 32,500 | 7.87% | Jul 2026 | |
| Adani Power Ltd.CRISIL AA, repaid 27 Jan 2028 | Bonds and bills | 2.96% | 298.74 | 30,000 | 8.61% | Jan 2026 | |
| JTPM Metal Traders Ltd.CRISIL AA, repaid 29 Sep 2028 | Bonds and bills | 2.94% | 296.76 | 27,500 | 8.82% | Sep 2025 | |
| REC Ltd.CRISIL AAA, 7.30% coupon, repaid 1 Jul 2031 | Bonds and bills | 2.66% | 269.15 | 27,500 | 7.85% | Jul 2026 | |
| Torrent Power Ltd.CRISIL AA+, 8.15% coupon, repaid 24 Jun 2031 | Bonds and bills | 2.46% | 248.38 | 25,000 | 8.30% | Jun 2026 | |
| Bajaj Housing Finance Ltd.CRISIL AAA, repaid 20 Aug 2031 | Bonds and bills | 2.43% | 245.14 | 25,000 | 8.28% | Sep 2026 | |
| Tata Power Company Ltd.CRISIL AA+, repaid 14 Jul 2031 | Bonds and bills | 2.42% | 244.83 | 25,000 | 8.03% | Jul 2026 | |
| JSW JFE Kalinga Steel Ltd.CRISIL AA, repaid 23 Mar 2029 | Bonds and bills | 2.32% | 234.07 | 22,500 | 8.97% | Mar 2026 | |
| Aditya Birla Renewables Ltd.CRISIL AA, repaid 24 Sep 2027 | Bonds and bills | 2.23% | 225.02 | 22,500 | 8.58% | Sep 2024 | |
| LIC Housing Finance Ltd.CRISIL AAA, 7.58% coupon, repaid 23 Mar 2035 | Bonds and bills | 2.22% | 224.37 | 22,500 | 7.91% | Mar 2025 | |
| LIC Housing Finance Ltd.CRISIL AAA, 7.57% coupon, repaid 23 Nov 2029 | Bonds and bills | 2.21% | 223.27 | 22,500 | 7.86% | Jul 2026 | |
| Cholamandalam Investment & Finance Co. Ltd.[ICRA]AA+, 9.05% coupon, repaid 6 Mar 2032 | Bonds and bills | 1.97% | 199.60 | 20,000 | 9.08% | Apr 2025 | |
| Sundaram Finance Ltd.CRISIL AAA, 7.75% coupon, repaid 8 Aug 2028 | Bonds and bills | 1.97% | 198.69 | 20,000 | 8.12% | Jun 2026 | |
| GMR Airports Ltd.CRISIL AA-, repaid 13 Aug 2028 | Bonds and bills | 1.86% | 187.61 | 17,500 | 9.93% | Aug 2025 | |
| Kingfa Science & Technology (India)Industrial Products | Shares | Small cap712th | 1.86% | 187.93 | 2,89,910 | – | Sep 2025 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Futures and options 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. | |||
|---|---|---|---|
| IDFC First Bank Ltd. 22-05-2028 | 0.49% | – | – |
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 | 4.13% | 417.93 |
| Net Receivable / Payable | 0.72% | 74.20 |
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.
- 3.15%National Bank for Agriculture and Rural Development
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions.
- 14.17%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions.
- 25.79%
- Top 10 sharesTop 10 shares. The share of the fund held in its ten largest shareholdings, bonds and fund units left out.
- 11.88%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights.
- 63.6Taken over 95.15% 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 shares23.17%
- Bonds and bills71.68%
- Units of other funds0.30%
- Cash and receivables4.85%
- Futures and options, netFutures and options, net. The value of the shares or bonds the fund's contracts are written on, as a share of its net assets, a sold contract counted as a minus: a hedged fund's sold futures offset the shares it holds.0.49%
- Futures and options, grossFutures and options, gross. The value the fund's contracts are written on, as a share of its net assets, counting each contract as a plus whichever way it faces.0.49%
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 cap36.81%Category 69.08%
- Mid cap11.31%Category 17.34%
- Small cap51.62%Category 12.86%
Per cent of the fund's Indian shares. By the list for the six months to Jun 2026. Shares not on the list: 0.06% of the fund. 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.14sectors
- Financial Services6.12%Category 6.29%
- Capital Goods3.76%Category 1.58%
- Healthcare2.90%Category 1.96%
- Fast Moving Consumer Goods2.26%Category 1.11%
- Consumer Durables2.05%Category 0.66%
- Chemicals1.24%Category 0.22%
- Oil Gas & Consumable Fuels1.08%Category 1.08%
- Consumer Services0.94%Category 0.62%
- Construction0.89%Category 0.41%
- Forest Materials0.88%Category 0.07%
- Construction Materials0.44%Category 0.23%
- Textiles0.32%Category 0.02%
- Automobile And Auto Components0.23%Category 1.56%
- Services0.06%Category 0.35%
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 Services8 companies | 6.12% | 6.57% | 6.55% | 6.54% | 5.39% | 5.35% | 4.26% | 5.00% | 6.15% | 6.61% | 7.35% | 7.53% | |
| Capital Goods4 companies | 3.76% | 3.94% | 4.40% | 4.51% | 5.03% | 4.63% | 4.09% | 4.46% | 4.53% | 4.64% | 4.52% | 4.78% | |
| Healthcare3 companies | 2.90% | 3.05% | 2.36% | 2.35% | 2.39% | 1.97% | 2.01% | 2.09% | 2.03% | 2.08% | 2.08% | 1.75% | |
| Fast Moving Consumer Goods5 companies | 2.26% | 2.40% | 1.97% | 2.09% | 2.61% | 2.84% | 2.63% | 2.78% | 1.88% | 1.91% | 1.92% | 2.08% | |
| Consumer Durables4 companies | 2.05% | 2.05% | 2.11% | 2.43% | 2.66% | 2.68% | 2.44% | 2.46% | 2.44% | 2.28% | 2.33% | 2.10% | |
| Chemicals4 companies | 1.24% | 1.39% | 0.91% | 1.08% | 1.24% | 1.54% | 1.44% | 1.05% | 1.11% | 0.95% | 0.97% | 0.86% | |
| Oil Gas & Consumable Fuels1 company | 1.08% | 1.15% | 1.18% | 1.17% | 1.24% | 1.35% | 1.30% | 1.30% | 1.32% | 1.47% | 1.45% | 1.64% | |
| Consumer Services2 companies | 0.94% | 0.99% | 1.14% | 1.07% | 1.10% | 1.18% | 1.10% | 1.15% | 1.22% | 1.19% | 0.92% | 0.50% | |
| Construction3 companies | 0.89% | 1.05% | 0.96% | 0.97% | 0.99% | 1.02% | 0.85% | 0.97% | 1.04% | 1.13% | 1.16% | 1.28% | |
| Forest Materials2 companies | 0.88% | 0.73% | 0.38% | 0.32% | 0.32% | 0.34% | 0.22% | 0.12% | 0.05% | 0.01% | 0.00% | 0.00% | |
| Construction Materials1 company | 0.44% | 0.47% | 0.73% | 0.69% | 0.75% | 0.70% | 0.67% | 0.75% | 0.78% | 0.77% | 0.76% | 0.84% | |
| Textiles2 companies | 0.32% | 0.33% | 0.34% | 0.30% | 0.29% | 0.32% | 0.64% | 0.37% | 0.34% | 0.24% | 0.25% | 0.16% |
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.
- 8.35%Lines stating a yield: 94.55% of the bond book
- Yield after expensesYield after expenses. The yield to maturity less the plan's expense ratio.
- 7.37%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.
- 2.74%Of the bond book
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
- Sovereign1.05%
- AAA34.09%
- AA34.95%
Loans of under a year
- A1+1.59%
Other
- Overnight lending4.13%
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 month4.13%
- 1 to 3 months1.14%
- 3 to 6 months1.59%
- 6 to 12 months4.42%
- 1 to 3 years32.45%
- 3 to 5 years20.81%
- 5 to 10 years9.05%
- Over 10 years0.14%
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.
- 5.85%National Bank for Agriculture and Rural Development
- Top 5 borrowersLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 22.40%
- Top 10 borrowersLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 37.11%
Per cent of the fund's net assets. Lent outside the government: 70.63% of the fund, to 37 borrowers; the borrower is named for 99.66% of it, its group for 26.26%.
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.
- 66.01% 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.
- 62.58% 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.
- 4
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth.
- 4
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price.
- 95
- 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.
- 2.58%
- 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.
- 7.73%
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. | ||||
|---|---|---|---|---|---|
| Bajaj Housing Finance Ltd. | New | 2.43% | 0.00% | +2.43 pts | +25,000 |
| Cholamandalam Investment & Finance Co. Ltd.Perpetual | New | 1.31% | 0.00% | +1.31 pts | +135 |
| Motilal Oswal Financial Services Ltd. | New | 1.24% | 0.00% | +1.24 pts | +12,500 |
| 6.94% CGL 2036 | Trimmed | 0.10% | 0.98% | −0.88 pts | −90,00,000 |
| 7.52% State Government of Tamil Nadu 2055 | Trimmed | 0.14% | 1.00% | −0.86 pts | −90,00,000 |
| 6.79% CGL 2031 | Sold out | – | 0.74% | −0.74 pts | −75,00,000 |
| Muthoot Finance Ltd. | Sold out | – | 0.69% | −0.69 pts | −7,000 |
| Kotak Mahindra Prime Ltd. | Sold out | – | 0.49% | −0.49 pts | −5,000 |
| REC Ltd. | Added | 2.66% | 2.17% | +0.49 pts | +5,000 |
| Reliance Industries Ltd. | New | 0.49% | 0.00% | +0.49 pts | +5,000 |
| Mahanagar Telephone Nigam Ltd. | Trimmed | 0.49% | 0.97% | −0.48 pts | −500 |
| Muthoot Finance Ltd. | New | 0.48% | 0.00% | +0.48 pts | +5,000 |
| Sundaram Finance Ltd. | Trimmed | 1.97% | 2.44% | −0.47 pts | −5,000 |
| Graphite India | Sold out | – | 0.38% | −0.38 pts | −5,60,000 |
| Aether Industries | Sold out | – | 0.26% | −0.26 pts | −1,55,000 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| National Bank for Agriculture and Rural Development | – | – | – | – | – | – | – | – | – | 3.16%Bought | 3.13% | 3.15% |
| Adani Power Ltd. | – | – | – | 3.06%Bought | 3.03% | 3.12% | 3.05% | 3.03% | 2.96% | 2.92% | 2.92% | 2.96% |
| JTPM Metal Traders Ltd. | 2.05% | 2.58%Added | 2.62% | 2.64% | 2.64% | 2.72% | 2.68% | 2.68% | 2.91%Added | 2.89% | 2.90% | 2.94% |
| REC Ltd. | – | – | – | – | – | – | – | – | – | 2.20%Bought | 2.17% | 2.66%Added |
| Torrent Power Ltd. | – | – | – | – | – | – | – | – | 2.49%Bought | 2.47% | 2.45% | 2.46% |
| Bajaj Housing Finance Ltd. | – | – | – | – | – | – | – | – | – | – | – | 2.43%Bought |
| Tata Power Company Ltd. | – | – | – | – | – | – | – | – | – | 2.45%Bought | 2.41% | 2.42% |
| JSW JFE Kalinga Steel Ltd. | – | – | – | – | – | 2.10%Bought | 2.65%Added | 2.67% | 2.63% | 2.27%Cut | 2.28% | 2.32% |
| Aditya Birla Renewables Ltd. | 3.06% | 3.05% | 3.08% | 3.09% | 3.06% | 3.15% | 3.08% | 3.06% | 2.97% | 2.21%Cut | 2.20% | 2.23% |
| LIC Housing Finance Ltd. | 2.30% | 2.30% | 2.31% | 2.31% | 2.29% | 2.35% | 2.31% | 2.28% | 2.22% | 2.20% | 2.20% | 2.22% |
| LIC Housing Finance Ltd. | – | – | – | – | – | – | – | – | – | 1.71%Bought | 2.19%Added | 2.21% |
| Cholamandalam Investment & Finance Co. Ltd. | 2.06% | 2.06% | 2.08% | 2.10% | 2.06% | 2.12% | 2.07% | 2.05% | 2.01% | 1.98% | 1.97% | 1.97% |
| Sundaram Finance Ltd. | – | – | – | – | – | – | – | – | 2.97%Bought | 2.94% | 2.44%Cut | 1.97%Cut |
| GMR Airports Ltd. | 1.78% | 1.79% | 1.82% | 1.83% | 1.86% | 1.91% | 1.88% | 1.87% | 1.84% | 1.82% | 1.82% | 1.86% |
 Kingfa Science & Technology (India) | 1.62% | 1.57% | 1.57% | 1.57% | 1.57% | 1.57% | 1.75% | 2.00% | 1.80%Cut | 1.77%Cut | 1.72%Cut | 1.86% |
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 202.0% in Sep 2023
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.4.16%
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.2.07%
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.0.48
−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.0.71
−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 | −3.03% | 25 Feb 2026 | 30 Mar 2026 | 17 Apr 2026 |
| 5 years | −3.59% | 17 Jan 2022 | 7 Mar 2022 | 1 Aug 2022 |
| 10 years and since Jan 2013 | −11.88% | 20 Feb 2020 | 23 Mar 2020 | 20 Jul 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. |
|---|---|---|
| Sep 2023 to Aug 202636 months | High | Moderately HighNifty 50 Hybrid Composite Debt 15:85 Conservative Index |
| May 2023 to Aug 20234 months | Moderately High | Moderately HighNifty 50 Hybrid Composite Debt 15:85 Conservative Index |
| Feb 2023 to Apr 20233 months | High | Moderately HighNifty 50 Hybrid Composite Debt 15:85 Conservative Index |
| Dec 2022 to Jan 20232 months | Moderately High | Moderately HighNifty 50 Hybrid Composite Debt 15:85 Conservative Index |
| Oct 2022 to Nov 20222 months | High | Moderately HighNifty 50 Hybrid Composite Debt 15:85 Conservative Index |
| Oct 2021 to Sep 202212 months | Moderately High | Moderately HighNifty 50 Hybrid Composite Debt 15:85 Conservative Index |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
SBI 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. | ||
|---|---|---|---|---|---|---|---|---|
| Mansi Sajeja | Jun 2021 | +8.86%a year | – | – | 61.4% | 54.6% | 6 | ₹1,36,164 Cr |
| Saurabh Pant | Jan 2022 | +8.11%a year | – | – | 44.7% | 40.1% | 3 | ₹1,02,979 Cr₹92,871 Cr alone |
| Milind Agrawal | Aug 2025 | +4.48%a year | – | – | 29.0% | 23.6% | 2 | ₹20,528 Cr₹10,420 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. | ||
|---|---|---|---|---|---|
| SBI Aggressive Hybrid FundMansi Sajeja | Dec 2023 | +11.08%a year | – | – | ₹86,163 Cr |
| SBI Multi Asset Allocation FundMansi Sajeja | Dec 2023 | +12.96%a year | – | – | ₹21,044 Cr |
| SBI Short Term FundMansi Sajeja | Dec 2023 | +7.17%a year | – | – | ₹13,243 Cr |
| SBI Equity Savings FundMansi Sajeja | Jun 2021 | +8.49%a year | – | – | ₹5,413 Cr |
| SBI Equity Minimum Variance FundMansi Sajeja | Jun 2021 | +8.96%a year | +8.84% | +0.12 pts | ₹194 Cr |
| SBI Large Cap FundSaurabh Pant | Apr 2024 | +5.08%a year | – | – | ₹52,373 Cr |
| SBI Large & Midcap FundSaurabh Pant | Sep 2016 | +13.90%a year | +13.92% | −0.02 pts | ₹40,499 Cr |
| SBI Banking & Financial Services FundMilind Agrawal | Aug 2019 | +14.34%a year | +11.17% | +3.17 pts | ₹10,420 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. | |
|---|---|---|
| Aditya Birla Sun Life Conservative Hybrid FundAditya Birla Sun Life Mutual Fund | 12.45% | 16 |
| ICICI Prudential Conservative Hybrid FundICICI Prudential Mutual Fund | 12.35% | 21 |
| Kotak Conservative Hybrid FundKotak Mahindra Mutual Fund | 12.06% | 10 |
| UTI Conservative Hybrid FundUTI Mutual Fund | 9.86% | 14 |
| Nippon India Conservative Hybrid FundNippon India Mutual Fund | 8.23% | 12 |
| HDFC Conservative Hybrid FundHDFC Mutual Fund | 7.58% | 10 |
| Axis Conservative Hybrid FundAxis Mutual Fund | 5.63% | 9 |
| Franklin India Conservative Hybrid FundFranklin Templeton Mutual Fund | 5.48% | 9 |
| Baroda BNP Paribas Conservative Hybrid FundBaroda BNP Paribas Mutual Fund | 5.16% | 11 |
| DSP Conservative Hybrid FundDSP Mutual Fund | 4.84% | 7 |
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. | |
|---|---|
| SBI Multi Asset Allocation FundSBI Mutual Fund | 26.20% |
| SBI Equity Savings FundSBI Mutual Fund | 12.89% |
| SBI Aggressive Hybrid FundSBI Mutual Fund | 9.27% |
| SBI Arbitrage FundSBI Mutual Fund | 5.58% |
| SBI Balanced Hybrid FundSBI Mutual Fund | 2.49% |
As the fund house states it, for Sep 2026.
SBI 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 ₹0.871038 a unit, Mar 2015.
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 | |
|---|---|---|---|---|
| 29 Mar 2019 | ₹0.576258 | 3.30% | ₹17.4392 | ₹16.6829 |
| 23 Mar 2018 | ₹0.577812 | 3.34% | ₹17.3071 | ₹16.4921 |
| 24 Mar 2017 | ₹0.577812 | 3.37% | ₹17.1624 | ₹16.3740 |
| 23 Mar 2016 | ₹0.541699 | 3.46% | ₹15.6500 | ₹14.9221 |
| 20 Mar 2015 | ₹0.871038 | 5.49% | ₹15.8601 | ₹14.6305 |
| 28 Mar 2014 | ₹0.701344 | 4.97% | ₹14.1191 | ₹13.2439 |
All 6 payouts since 28 Mar 2014.
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 provide the investors an opportunity to invest primarily in debt and money market instruments and secondarily in equity and equity related instruments.
Asset allocation
- Equity and Equity related Instruments (including derivatives): 10%-25% (Medium to High risk);
- Debt instruments (including debt derivatives) and Money Market instruments (including triparty repo, Reverse repo and equivalent): 75%-90% (Low to Medium risk);
- Units issued by REITs and InVITs: 0%-10% (Medium to High risk)
- Stated category
- Hybrid
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back.
- NIFTY 50 Hybrid Composite Debt 15:85 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
- 22 Feb 2001 to 23 Mar 2001
- Units first allotted
- 9 Apr 2001
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹10,000
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | MUTF_IN | First NAV |
|---|---|---|---|---|---|
| Direct Growth | 119839 | INF200K01TS8 | SBI_CONS_HYBR_1HSMJRL | 8 Jan 2013 | |
| Regular Growth | 100968 | INF200K01859 | SBI_CONS_HYBR_1PPXGFR | 3 Apr 2006 | |
| Direct IDCW | 119837 | INF200K01TQ2 | INF200K01TR0 | SBI_CONS_HYBR_OJD7MP | 8 Jan 2013 |
| Regular IDCW | 100927 | INF200K01867 | INF200K01875 | SBI_CONS_HYBR_EHN1ET | 3 Apr 2006 |
This fund
- Scheme information document (opens in a new tab)The fund's objective, terms, costs and risks in full
Factsheet
- All SBIMF Schemes Factsheet September 2026 (opens in a new tab)SBI Mutual Fund, Sep 2026
Statement of additional information
- SAI SBI Mutual Fund (opens in a new tab)SBI Mutual Fund, Sep 2026
Annual report
- Scheme Annual Report 2025-26 (annual report 2025-26) (opens in a new tab)SBI Mutual Fund, Mar 2026
- SBI GILT FUND (abridged annual report 2025-26) (opens in a new tab)SBI Mutual Fund, Mar 2026
- SBI FIXED MATURITY PLAN (FMP)- SERIES 60 (abridged annual report 2025-26) (opens in a new tab)SBI Mutual Fund, Mar 2026
- SBI LONG TERM ADVANTAGE FUND - SERIES III (abridged annual report 2025-26) (opens in a new tab)SBI Mutual Fund, Mar 2026
Riskometer disclosure
- Disclosure On Changes In Riskometer Levels 2025-26 (opens in a new tab)SBI Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Portfolio Overlap Disclosure - September 2026 (opens in a new tab)SBI Mutual Fund, Sep 2026