Screener > Conservative Hybrid > Parag Parikh Conservative Hybrid Fund

Parag Parikh Conservative Hybrid Fund - Regular Plan - Growth

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AMC: PPFAS Mutual Fund • Category: Conservative Hybrid • NAV: Rs 15.887 (2026-11-11) • Rank: #1 in category (#21 overall)
🛡️ Smooth Ride 🏷️ Low Expense
Information only. Past performance does not guarantee future returns. Check the scheme documents and consult a qualified professional before investing.

💡 Why Pick This Fund? Quantitative Strengths & Watch-outs

🟢 Key Strengths
  • Delivered positive returns in 100% of 3-year investment horizons.
  • Favorable risk-adjusted return profile with a Sharpe ratio of 0.86.
  • Cost-efficient: expense ratio of 0.66% is lower than category median (1.89%).
  • Consistently ranked #1 in its category with an MFIQ quantitative score of 8.7/10.
🟡 Things to Keep in Mind
  • Equities carry market risk; returns fluctuate and recommended investment horizon is 5+ years.
₹97₹113₹130₹146₹163Jul '21Mar '24Nov '26
Parag Parikh Conservative Hybrid Fund

Key Statistics vs Category Median

Fund Size
Rs 3,451 cr
Category: Rs 217 cr (stretched)
Total Expense (TER)
0.66%
Category Median: 1.89%
Base Expense (BER)
0.54%
Excludes levies & brokerage
Sharpe Ratio
0.86
Category Median: 0.21
Beta
-
Category Median: -
Alpha
-
Category Median: -
Standard Deviation
2.80%
Category Median: 3.70%
MFIQ Score
8.7/10
Strong
Top-tier composite score driven by disciplined risk management and resilient returns.
Returns (30%) 9.2/10
3Y CAGR 8.7% vs category median 7.0% (+1.7 points); 5Y CAGR 8.8%.
Risk Management (30%) 9.6/10
Sharpe ratio 0.86 (cat median 0.21), max fall -2.8%.
Consistency (20%) 5.8/10
100.0% of 3Y rolling windows positive; beat category median in 4 of 4 calendar years.
Cost Efficiency (20%) 9.6/10
Total expense ratio 0.66% vs category median 1.89% (-1.23% points).
Ranked #1 of 13 in Conservative Hybrid. Percentile standing measured against category cohort.

Trailing Returns Comparison

Period Fund Return Category Median Difference
1 Month +1.07% +1.94% -0.87%
3 Months -0.26% +0.03% -0.29%
6 Months +2.13% +2.40% -0.27%
1 Year +3.43% +2.66% +0.77%
3 Years CAGR +8.69% +6.99% +1.70%
5 Years CAGR +8.76% +6.45% +2.31%
Since Inception +8.85% - -

📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay

See how a regular monthly SIP in Parag Parikh Conservative Hybrid Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.

Bank FD Benchmark
7.0% p.a. Fixed Deposit
Total Invested: ₹3,60,000
Maturity Value: ₹4,01,630
Interest Earned: +₹41,630
Actual Historical Performance
Parag Parikh Conservative Hybrid Fund
CAGR: +8.69%
Fund Value: Calculating...
Extra Wealth Over FD: +₹0

Calendar Year Returns

Year Fund Category Median Gap
2026 +3.25% +2.59% +0.66%
2025 +7.43% +6.07% +1.36%
2024 +12.49% +10.16% +2.33%
2023 +13.69% +10.90% +2.79%
2022 +7.55% +3.04% +4.51%

Daily Rolling Returns Summary

Rolling Window Minimum Average Median Maximum % Positive % Beating Proxy
1-Year Rolling +1.09% +9.65% +8.50% +19.35% 100.0% -
3-Year Rolling +8.23% +11.02% +11.13% +12.72% 100.0% -
5-Year Rolling +8.31% +9.18% +9.24% +9.74% 100.0% -

Risk Profile & Deepest Drawdowns

Sortino Ratio
1.21
Category: 0.28
R-Squared
-
Correlation with Proxy
Upside Capture
-
Monthly return ratio
Downside Capture
-
Lower is better

Portfolio & Asset Allocation

Statutory Asset Allocation Mandate (SEBI / SID)

Instrument Category Permitted Allocation Range
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% “For detailed asset allocation, please refer to the Scheme Information Document (SID) available on the website.”

Investment Objective & Strategy

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.

ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.

Fund Size Position

Currently managing Rs 3,451 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as stretched relative to Conservative Hybrid schemes.

Too Small Small Comfortable Stretched Strained

Fund Management

Rajeev Thakkar
Managing scheme since 2021-05-26
5.5 yrs tenure
Raunak Onkar
Managing scheme since 2021-05-26
5.5 yrs tenure
Rukun Tarachandani
Managing scheme since 2022-05-16
4.5 yrs tenure
Raj Mehta
Managing scheme since 2025-09-01
1.2 yrs tenure
Tejas Soman
Managing scheme since 2025-09-01
1.2 yrs tenure
Mansi Kariya
Managing scheme since 2023-12-22
2.9 yrs tenure

Cost & Capital Gains Taxation

From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.

Applicable Tax Structure

Non-equity oriented schemes (e.g. Conservative Hybrid): Capital gains are added to taxable income and taxed at your applicable income tax slab rates regardless of the holding period.

Tax rules as of 23 July 2024. Verify before investing.

Closest Conservative Hybrid Peers by Rank

Scheme Score 3Y Return Expense Downside Fund Size Compare
DSP Conservative Hybrid Fund 6.5 +8.15% 1.25% - Rs 178 cr Compare →
Aditya Birla Sun Life Conservative Hybrid Fund / Payment 4.9 +7.94% 1.80% - Rs 1,474 cr Compare →
SBI Conservative Hybrid Fund 7.0 +7.92% 1.49% - Rs 10,103 cr Compare →
HSBC Conservative Hybrid Fund 4.7 +8.11% 2.19% - Rs 151 cr Compare →
UTI Conservative Hybrid Fund 5.3 +7.35% 1.85% - Rs 1,615 cr Compare →

Frequently Asked Questions about Parag Parikh Conservative Hybrid Fund

What is the expense ratio of Parag Parikh Conservative Hybrid Fund?

Parag Parikh Conservative Hybrid Fund has a total expense ratio (TER) of 0.66% with a base expense ratio of 0.54%, compared to the Conservative Hybrid category median of 1.89%.

Who manages Parag Parikh Conservative Hybrid Fund?

Parag Parikh Conservative Hybrid Fund is managed by Rajeev Thakkar (tenure: 5.5 years since 2021-05-26).

What are the historical returns of Parag Parikh Conservative Hybrid Fund?

Parag Parikh Conservative Hybrid Fund delivered a 3-year CAGR of 8.69% and a 5-year CAGR of 8.76%. Its 1-year return stands at +3.43%.

How large is Parag Parikh Conservative Hybrid Fund?

Parag Parikh Conservative Hybrid Fund manages assets of Rs 3,451 cr, placing it in the 'stretched' size band relative to Conservative Hybrid peers.

How is Parag Parikh Conservative Hybrid Fund scored on MFIQ?

Parag Parikh Conservative Hybrid Fund holds an MFIQ Score of 8.7/10 (Strong), based on a category percentile composite across returns, risk, consistency, and cost.

How risky is Parag Parikh Conservative Hybrid Fund?

Parag Parikh Conservative Hybrid Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 2.80% with a maximum historical drawdown of -2.81%.