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Parag Parikh Conservative Hybrid Fund Direct Growth
HybridConservative AllocationModerately High risk
Direct
NAV (30-Dec-25)
₹15.56-0.15%1D
Returns (Since Inception)
10.10%
Rated ★4.3+ on 
Fund Overview
Fund Size
₹3,168 Cr
Expense Ratio
0.34%
ISIN
INF879O01175
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
26 May 2021
About this fund
Parag Parikh Conservative Hybrid Fund Direct Growth is a Conservative Allocation mutual fund schemes offered by PPFAS Mutual Fund. This fund has been in existence for 4 years, 7 months and 5 days, having been launched on 26-May-21.
As of 30-Dec-25, it has a Net Asset Value (NAV) of ₹15.56, Assets Under Management (AUM) of 3167.68 Crores, and an expense ratio of 0.34%.
As of 30-Dec-25, it has a Net Asset Value (NAV) of ₹15.56, Assets Under Management (AUM) of 3167.68 Crores, and an expense ratio of 0.34%.
- Parag Parikh Conservative Hybrid Fund Direct Growth has given a CAGR return of 10.10% since inception.
- The fund's asset allocation comprises around 19.06% in equities, 73.21% in debts, and 7.48% in cash & cash equivalents.
- You can start investing in Parag Parikh Conservative Hybrid Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.60%
+5.18% (Cat Avg.)
3 Years
+11.41%
+8.95% (Cat Avg.)
Since Inception
+10.10%
— (Cat Avg.)
Portfolio Summaryas of 15th December 2025
| Equity | ₹603.83 Cr | 19.06% |
| Debt | ₹2,319.2 Cr | 73.21% |
| Others | ₹244.65 Cr | 7.72% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 07.08 Up SDL 2031 | Bond - Gov't/Treasury | ₹150.15 Cr | 4.70% |
| Embassy Office Parks REIT | Equity - REIT | ₹143.85 Cr | 4.51% |
| 7.08% Karnataka State Development Loans (12/08/2031) | Bond - Gov't/Treasury | ₹140.44 Cr | 4.40% |
| Brookfield India Real Estate Trust | Equity - REIT | ₹130.17 Cr | 4.08% |
| 07.72 MH Sgs 2031 | Bond - Gov't/Treasury | ₹128.86 Cr | 4.04% |
| Cash Offset For Derivatives | Cash - General Offset | ₹108.33 Cr | 3.39% |
| 07.82 TN Sgs 2032 | Bond - Gov't/Treasury | ₹88.29 Cr | 2.76% |
| 07.93 Up SDL 2030 | Bond - Gov't/Treasury | ₹78.13 Cr | 2.45% |
| 07.76 MH Sgs 2030 | Bond - Gov't/Treasury | ₹78.03 Cr | 2.44% |
| Coal India Ltd | Equity | ₹64.99 Cr | 2.04% |
| ITC Ltd | Equity | ₹63.85 Cr | 2.00% |
| Power Grid Corp Of India Ltd | Equity | ₹63.4 Cr | 1.99% |
| Petronet LNG Ltd | Equity | ₹63.05 Cr | 1.97% |
| Net Receivables / (Payables) | Cash | ₹58.33 Cr | 1.83% |
| 06.78 MH Sdl 2031 | Bond - Gov't/Treasury | ₹54.49 Cr | 1.71% |
| 07.61 GJ Sdl 2032 | Bond - Gov't/Treasury | ₹51.34 Cr | 1.61% |
| 7.02% Govt Stock 2031 | Bond - Gov't/Treasury | ₹51.23 Cr | 1.60% |
| 07.49 Tn SDL 2032 | Bond - Gov't/Treasury | ₹50.82 Cr | 1.59% |
| 07.33 MH Sdl 2031 | Bond - Gov't/Treasury | ₹50.74 Cr | 1.59% |
| Madhya Pradesh (Government of) 7.14% | Bond - Sub-sovereign Government Debt | ₹50.07 Cr | 1.57% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹50.06 Cr | 1.57% |
| Gujarat (Government of) 7.01% | Bond - Sub-sovereign Government Debt | ₹50 Cr | 1.57% |
| 07.64 MH Sgs 2032 | Bond - Gov't/Treasury | ₹46.29 Cr | 1.45% |
| 07.17 Up SDL 2031 | Bond - Gov't/Treasury | ₹45.22 Cr | 1.42% |
| 08.43 Up SDL 2029 | Bond - Gov't/Treasury | ₹42.02 Cr | 1.32% |
| 07.70 MH Sgs 2030 | Bond - Gov't/Treasury | ₹41.53 Cr | 1.30% |
| 07.70 Kt Gs 2033 | Bond - Gov't/Treasury | ₹41.24 Cr | 1.29% |
| 07.73 MH Sdl 2032 | Bond - Gov't/Treasury | ₹36.15 Cr | 1.13% |
| 07.39 MH Sdl 2030 | Bond - Gov't/Treasury | ₹35.87 Cr | 1.12% |
| 07.60 KA Sgs 2033 | Bond - Gov't/Treasury | ₹35.81 Cr | 1.12% |
| Parag Parikh Liquid Dir Gr | Mutual Fund - Open End | ₹33.07 Cr | 1.04% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-31.96 Cr | 1.00% |
| Reliance Industries Ltd | Equity | ₹31.9 Cr | 1.00% |
| REC Ltd | Equity | ₹31.07 Cr | 0.97% |
| 07.70% AP Sdl 2030 | Bond - Gov't/Treasury | ₹31.02 Cr | 0.97% |
| 6.83% Maharashtra SDL 2032 | Bond - Gov't/Treasury | ₹29.65 Cr | 0.93% |
| Future on UltraTech Cement Ltd | Equity - Future | ₹-28.84 Cr | 0.90% |
| UltraTech Cement Ltd | Equity | ₹28.73 Cr | 0.90% |
| 07.83 MH Sdl 2030 | Bond - Gov't/Treasury | ₹26 Cr | 0.81% |
| 07.79 TN Sgs 2032 | Bond - Gov't/Treasury | ₹25.92 Cr | 0.81% |
| Uttar Pradesh (Government of) 7.75% | Bond - Sub-sovereign Government Debt | ₹25.8 Cr | 0.81% |
| 07.55 GJ Sdl 2031 | Bond - Gov't/Treasury | ₹25.65 Cr | 0.80% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.56 Cr | 0.80% |
| 7.5 Tn SDL 2031 | Bond - Gov't/Treasury | ₹25.55 Cr | 0.80% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹25.54 Cr | 0.80% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹25.36 Cr | 0.79% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.32 Cr | 0.79% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹25.25 Cr | 0.79% |
| 07.27 Tn SDL 2032 | Bond - Gov't/Treasury | ₹25.22 Cr | 0.79% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹24.99 Cr | 0.78% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹24.97 Cr | 0.78% |
| 06.89 KA Sdl 2033 | Bond - Gov't/Treasury | ₹24.59 Cr | 0.77% |
| Mindspace Business Parks REIT Unit | Equity - REIT | ₹23.3 Cr | 0.73% |
| Swaraj Engines Ltd | Equity | ₹23.18 Cr | 0.73% |
| 08.68 AP Sdl 2030 | Bond - Gov't/Treasury | ₹21.51 Cr | 0.67% |
| Rep13_151225 | Cash - Repurchase Agreement | ₹20.71 Cr | 0.65% |
| Uttarakhand (Government of) 7.5% | Bond - Sub-sovereign Government Debt | ₹20.49 Cr | 0.64% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹20.28 Cr | 0.63% |
| 06.97 Tn SDL 2031 28 Jul | Bond - Gov't/Treasury | ₹19.97 Cr | 0.63% |
| Trp_161225 | Cash - Repurchase Agreement | ₹18.55 Cr | 0.58% |
| 08.48 KL Sdl 2030 | Bond - Gov't/Treasury | ₹15.99 Cr | 0.50% |
| 07.63 MH Sdl 2030 | Bond - Gov't/Treasury | ₹15.5 Cr | 0.49% |
| 07.70 MH Sgs 2031 | Bond - Gov't/Treasury | ₹15.45 Cr | 0.48% |
| Indigrid Infrastructure Trust | Bond - Corporate Bond | ₹14.95 Cr | 0.47% |
| 06.75 KA Sdl 2033 14 Oct | Bond - Gov't/Treasury | ₹14.63 Cr | 0.46% |
| Future on Coforge Ltd | Equity - Future | ₹-11.66 Cr | 0.37% |
| Cigniti Technologies Ltd | Equity | ₹11.29 Cr | 0.35% |
| 08.43 AP Sdl 2030 | Bond - Gov't/Treasury | ₹10.67 Cr | 0.33% |
| Kotak Mahindra Bank Limited December 2025 Future | Equity - Future | ₹-10.52 Cr | 0.33% |
| Kotak Mahindra Bank Ltd | Equity | ₹10.47 Cr | 0.33% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹10.43 Cr | 0.33% |
| 7.68% Tamilnadu SDL (Md 01/11/2030) | Bond - Gov't/Treasury | ₹10.38 Cr | 0.32% |
| 07.84 RJ Sgs 2032 | Bond - Gov't/Treasury | ₹10.37 Cr | 0.32% |
| 07.83 RJ Sdl 2032 | Bond - Gov't/Treasury | ₹10.37 Cr | 0.32% |
| 07.78 RJ Sdl 2033 | Bond - Gov't/Treasury | ₹10.31 Cr | 0.32% |
| 07.69 MH Sdl 2031 | Bond - Gov't/Treasury | ₹10.3 Cr | 0.32% |
| 07.65 Tn SDL 2033 | Bond - Gov't/Treasury | ₹10.28 Cr | 0.32% |
| 07.41 AP Sdl 2030 | Bond - Gov't/Treasury | ₹10.23 Cr | 0.32% |
| 07.19 Tn SDL 2030 | Bond - Gov't/Treasury | ₹10.18 Cr | 0.32% |
| 07.34 MH Sdl 2031 | Bond - Gov't/Treasury | ₹10.15 Cr | 0.32% |
| 07.20 Tn SDL 2031 | Bond - Gov't/Treasury | ₹10.09 Cr | 0.32% |
| 07.12 GJ Sdl 2032 | Bond - Gov't/Treasury | ₹10.02 Cr | 0.31% |
| Tamil Nadu (Government of) 7.1% | Bond - Sub-sovereign Government Debt | ₹10 Cr | 0.31% |
| 07.10 MH Sdl 2032 | Bond - Gov't/Treasury | ₹10 Cr | 0.31% |
| 07.05 RJ Sdl 2031 | Bond - Gov't/Treasury | ₹9.99 Cr | 0.31% |
| 07.05 MH Sdl 2032 | Bond - Gov't/Treasury | ₹9.97 Cr | 0.31% |
| Karnataka (Government of) 7.03% | Bond - Sub-sovereign Government Debt | ₹9.91 Cr | 0.31% |
| 06.88 KA Sdl 2032 | Bond - Gov't/Treasury | ₹9.89 Cr | 0.31% |
| Axis Bank Limited December 2025 Future | Equity - Future | ₹-8.69 Cr | 0.27% |
| Axis Bank Ltd | Equity | ₹8.67 Cr | 0.27% |
| Corporate Debt Market Development Fund - Class A2 Units | Mutual Fund - Open End | ₹7.62 Cr | 0.24% |
| Icici Bank Limited December 2025 Future | Equity - Future | ₹-5.66 Cr | 0.18% |
| ICICI Bank Ltd | Equity | ₹5.64 Cr | 0.18% |
| 08.39 AP Sdl 2031 | Bond - Gov't/Treasury | ₹5.28 Cr | 0.17% |
| 08.61 PN Sdl 2028 | Bond - Gov't/Treasury | ₹5.28 Cr | 0.17% |
| 08.37 AP Sdl 2031 | Bond - Gov't/Treasury | ₹5.27 Cr | 0.17% |
| 08.22 KA Sdl 2031 | Bond - Gov't/Treasury | ₹5.26 Cr | 0.16% |
| 08.50 AP SDL SPL 2029 | Bond - Gov't Agency Debt | ₹5.25 Cr | 0.16% |
| 07.80 KA Sdl 2030 | Bond - Gov't/Treasury | ₹5.19 Cr | 0.16% |
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹5.19 Cr | 0.16% |
| 07.68 KA Sgs 2031 | Bond - Gov't/Treasury | ₹5.16 Cr | 0.16% |
| 07.70 RJ Sdl 2032 | Bond - Gov't/Treasury | ₹5.15 Cr | 0.16% |
| 07.32 Wb SDL 2029 | Bond - Gov't/Treasury | ₹5.1 Cr | 0.16% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹5.09 Cr | 0.16% |
| 07.13 KL Sdl 2029 | Bond - Gov't/Treasury | ₹5.08 Cr | 0.16% |
| 07.42 RJ Sgs 2032 | Bond - Gov't/Treasury | ₹5.08 Cr | 0.16% |
| 07.35 MH Sdl 2032 | Bond - Gov't/Treasury | ₹5.07 Cr | 0.16% |
| Maharashtra (Government of) 7.32% | Bond - Sub-sovereign Government Debt | ₹5.06 Cr | 0.16% |
| 07.13 AP Sdl 2030 | Bond - Gov't/Treasury | ₹5.06 Cr | 0.16% |
| Tamil Nadu (Government of) 7.33% | Bond - Sub-sovereign Government Debt | ₹5.06 Cr | 0.16% |
| 7.39 Tn SDL 2033 | Bond - Gov't/Treasury | ₹5.06 Cr | 0.16% |
| Indigrid Infrastructure Trust | Bond - Corporate Bond | ₹5.05 Cr | 0.16% |
| Indigrid Infrastructure Trust | Bond - Corporate Bond | ₹5.05 Cr | 0.16% |
| State Government Of Karnataka | Bond - Gov't/Treasury | ₹5.03 Cr | 0.16% |
| Tamil Nadu (Government of) 7.21% | Bond - Sub-sovereign Government Debt | ₹5.03 Cr | 0.16% |
| 07.07 GJ Sdl 2031 | Bond - Gov't/Treasury | ₹5.01 Cr | 0.16% |
| 06.73 Tn SDL 2030 | Bond - Gov't/Treasury | ₹5 Cr | 0.16% |
| 06.98 Tn SDL 2031 | Bond - Gov't/Treasury | ₹5 Cr | 0.16% |
| 07.09 RJ Sdl 2032 | Bond - Gov't/Treasury | ₹4.99 Cr | 0.16% |
| 06.97 Tn SDL 2031 | Bond - Gov't/Treasury | ₹4.99 Cr | 0.16% |
| 06.97 Tn SDL 2031 13 Oct | Bond - Gov't/Treasury | ₹4.99 Cr | 0.16% |
| 06.83 KA Sdl 2031 | Bond - Gov't/Treasury | ₹4.96 Cr | 0.16% |
| 6.8 MH Sdl 2031 | Bond - Gov't/Treasury | ₹4.96 Cr | 0.16% |
| 06.85 RJ Sdl 2031 | Bond - Gov't/Treasury | ₹4.96 Cr | 0.16% |
| 06.46 RJ Sdl 2030 | Bond - Gov't/Treasury | ₹4.93 Cr | 0.15% |
| 06.33 Tn SDL 2030 | Bond - Gov't/Treasury | ₹4.92 Cr | 0.15% |
| India (Republic of) | Bond - Short-term Government Bills | ₹4.84 Cr | 0.15% |
| Punjab National Bank Future Dec 25 | Equity - Future | ₹-3.92 Cr | 0.12% |
| Punjab National Bank | Equity | ₹3.89 Cr | 0.12% |
| Future on Bank of Baroda | Equity - Future | ₹-2.59 Cr | 0.08% |
| Bank of Baroda | Equity | ₹2.59 Cr | 0.08% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹2.49 Cr | 0.08% |
| Future on GMR Airports Ltd | Equity - Future | ₹-1.54 Cr | 0.05% |
| GMR Airports Ltd | Equity | ₹1.54 Cr | 0.05% |
| Hdfc Bank Limited December 2025 Future | Equity - Future | ₹-1.32 Cr | 0.04% |
| HDFC Bank Ltd | Equity | ₹1.31 Cr | 0.04% |
| Future on Steel Authority Of India Ltd | Equity - Future | ₹-1 Cr | 0.03% |
| Steel Authority Of India Ltd | Equity | ₹1 Cr | 0.03% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-0.57 Cr | 0.02% |
| Tata Consultancy Services Ltd | Equity | ₹0.57 Cr | 0.02% |
| Future on Jio Financial Services Ltd | Equity - Future | ₹-0.07 Cr | 0.00% |
| Jio Financial Services Ltd | Equity | ₹0.07 Cr | 0.00% |
| Option on Power Grid Corp Of India Ltd | Equity - Option (Call) | ₹-0.01 Cr | 0.00% |
| Cash | Cash | ₹0.01 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
7.88%
Mid Cap Stocks
1.61%
Small Cap Stocks
1.08%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Energy | ₹159.95 Cr | 5.01% |
| Consumer Defensive | ₹63.85 Cr | 2.00% |
| Financial Services | ₹63.71 Cr | 2.00% |
| Utilities | ₹63.4 Cr | 1.99% |
| Basic Materials | ₹29.73 Cr | 0.93% |
| Consumer Cyclical | ₹23.18 Cr | 0.73% |
| Technology | ₹11.85 Cr | 0.37% |
| Communication Services | ₹2.49 Cr | 0.08% |
| Industrials | ₹1.54 Cr | 0.05% |
Risk & Performance Ratios
Standard Deviation
This fund
3.09%
Cat. avg.
3.66%
Lower the better
Sharpe Ratio
This fund
1.47
Cat. avg.
0.66
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.19
Higher the better
Fund Managers
RM
Raj Mehta
Since May 2021
Rajeev Thakkar
Since May 2021
Raunak Onkar
Since May 2021
RT
Rukun Tarachandani
Since May 2022
Tejas Soman
Since September 2025
MK
Mansi Kariya
Since December 2023
Additional Scheme Detailsas of 15th December 2025
ISIN INF879O01175 | Expense Ratio 0.34% | Exit Load 1.00% | Fund Size ₹3,168 Cr | Age 4 years 7 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Hybrid 85+15 - ConservativeTR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Conservative Allocation Funds
About the AMC
PPFAS Mutual Fund
Total AUM
₹1,43,337 Cr
Address
Great Western Building, 1st Floor, Mumbai, 400 001
Other Funds by PPFAS Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Parag Parikh Dynamic Asset Allocation Fund Direct Growth Moderate Risk | 0.3% | 1.0% | ₹2704.76 Cr | 5.8% |
| Parag Parikh Arbitrage Fund Direct Growth Low Risk | 0.3% | 0.0% | ₹1971.16 Cr | 6.7% |
| Parag Parikh Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹5075.30 Cr | 6.3% |
| Parag Parikh Conservative Hybrid Fund Direct Growth Moderately High risk | 0.3% | 1.0% | ₹3167.68 Cr | 7.6% |
| Parag Parikh Flexi Cap Fund Direct Growth Very High Risk | 0.6% | 2.0% | ₹129782.54 Cr | 8.1% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹5866.92 Cr | 5.0% |
Risk Level
Your principal amount will be at Moderately High risk
Take control of your wealth
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Still got questions?
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What is the current NAV of Parag Parikh Conservative Hybrid Fund Direct Growth?
The NAV of Parag Parikh Conservative Hybrid Fund Direct Growth, as of 30-Dec-2025, is ₹15.56.
What are the returns of Parag Parikh Conservative Hybrid Fund Direct Growth?
The fund has generated 7.60% over the last 1 year and 11.41% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Parag Parikh Conservative Hybrid Fund Direct Growth?
The fund's allocation of assets is distributed as 19.06% in equities, 73.21% in bonds, and 7.48% in cash and cash equivalents.
Who manages the Parag Parikh Conservative Hybrid Fund Direct Growth?
The fund managers responsible for Parag Parikh Conservative Hybrid Fund Direct Growth are:-
- Raj Mehta
- Rajeev Thakkar
- Raunak Onkar
- Rukun Tarachandani
- Tejas Soman
- Mansi Kariya
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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
Parag Parikh Conservative Hybrid Fund Direct Growth
HybridConservative AllocationModerately High risk
Direct
NAV (30-Dec-25)
₹15.56-0.15%1D
Returns (Since Inception)
10.10%
Rated ★4.3+ on
Fund Overview
Fund Size
₹3,168 Cr
Expense Ratio
0.34%
ISIN
INF879O01175
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
26 May 2021
Risk Level
Your principal amount will be at Moderately High risk
About this fund
Parag Parikh Conservative Hybrid Fund Direct Growth is a Conservative Allocation mutual fund schemes offered by PPFAS Mutual Fund. This fund has been in existence for 4 years, 7 months and 5 days, having been launched on 26-May-21.
As of 30-Dec-25, it has a Net Asset Value (NAV) of ₹15.56, Assets Under Management (AUM) of 3167.68 Crores, and an expense ratio of 0.34%.
As of 30-Dec-25, it has a Net Asset Value (NAV) of ₹15.56, Assets Under Management (AUM) of 3167.68 Crores, and an expense ratio of 0.34%.
- Parag Parikh Conservative Hybrid Fund Direct Growth has given a CAGR return of 10.10% since inception.
- The fund's asset allocation comprises around 19.06% in equities, 73.21% in debts, and 7.48% in cash & cash equivalents.
- You can start investing in Parag Parikh Conservative Hybrid Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.60%
+5.18% (Cat Avg.)
3 Years
+11.41%
+8.95% (Cat Avg.)
Since Inception
+10.10%
— (Cat Avg.)
Portfolio Summaryas of 15th December 2025
| Equity | ₹603.83 Cr | 19.06% |
| Debt | ₹2,319.2 Cr | 73.21% |
| Others | ₹244.65 Cr | 7.72% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| 07.08 Up SDL 2031 | Bond - Gov't/Treasury | ₹150.15 Cr | 4.70% |
| Embassy Office Parks REIT | Equity - REIT | ₹143.85 Cr | 4.51% |
| 7.08% Karnataka State Development Loans (12/08/2031) | Bond - Gov't/Treasury | ₹140.44 Cr | 4.40% |
| Brookfield India Real Estate Trust | Equity - REIT | ₹130.17 Cr | 4.08% |
| 07.72 MH Sgs 2031 | Bond - Gov't/Treasury | ₹128.86 Cr | 4.04% |
| Cash Offset For Derivatives | Cash - General Offset | ₹108.33 Cr | 3.39% |
| 07.82 TN Sgs 2032 | Bond - Gov't/Treasury | ₹88.29 Cr | 2.76% |
| 07.93 Up SDL 2030 | Bond - Gov't/Treasury | ₹78.13 Cr | 2.45% |
| 07.76 MH Sgs 2030 | Bond - Gov't/Treasury | ₹78.03 Cr | 2.44% |
| Coal India Ltd | Equity | ₹64.99 Cr | 2.04% |
| ITC Ltd | Equity | ₹63.85 Cr | 2.00% |
| Power Grid Corp Of India Ltd | Equity | ₹63.4 Cr | 1.99% |
| Petronet LNG Ltd | Equity | ₹63.05 Cr | 1.97% |
| Net Receivables / (Payables) | Cash | ₹58.33 Cr | 1.83% |
| 06.78 MH Sdl 2031 | Bond - Gov't/Treasury | ₹54.49 Cr | 1.71% |
| 07.61 GJ Sdl 2032 | Bond - Gov't/Treasury | ₹51.34 Cr | 1.61% |
| 7.02% Govt Stock 2031 | Bond - Gov't/Treasury | ₹51.23 Cr | 1.60% |
| 07.49 Tn SDL 2032 | Bond - Gov't/Treasury | ₹50.82 Cr | 1.59% |
| 07.33 MH Sdl 2031 | Bond - Gov't/Treasury | ₹50.74 Cr | 1.59% |
| Madhya Pradesh (Government of) 7.14% | Bond - Sub-sovereign Government Debt | ₹50.07 Cr | 1.57% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹50.06 Cr | 1.57% |
| Gujarat (Government of) 7.01% | Bond - Sub-sovereign Government Debt | ₹50 Cr | 1.57% |
| 07.64 MH Sgs 2032 | Bond - Gov't/Treasury | ₹46.29 Cr | 1.45% |
| 07.17 Up SDL 2031 | Bond - Gov't/Treasury | ₹45.22 Cr | 1.42% |
| 08.43 Up SDL 2029 | Bond - Gov't/Treasury | ₹42.02 Cr | 1.32% |
| 07.70 MH Sgs 2030 | Bond - Gov't/Treasury | ₹41.53 Cr | 1.30% |
| 07.70 Kt Gs 2033 | Bond - Gov't/Treasury | ₹41.24 Cr | 1.29% |
| 07.73 MH Sdl 2032 | Bond - Gov't/Treasury | ₹36.15 Cr | 1.13% |
| 07.39 MH Sdl 2030 | Bond - Gov't/Treasury | ₹35.87 Cr | 1.12% |
| 07.60 KA Sgs 2033 | Bond - Gov't/Treasury | ₹35.81 Cr | 1.12% |
| Parag Parikh Liquid Dir Gr | Mutual Fund - Open End | ₹33.07 Cr | 1.04% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-31.96 Cr | 1.00% |
| Reliance Industries Ltd | Equity | ₹31.9 Cr | 1.00% |
| REC Ltd | Equity | ₹31.07 Cr | 0.97% |
| 07.70% AP Sdl 2030 | Bond - Gov't/Treasury | ₹31.02 Cr | 0.97% |
| 6.83% Maharashtra SDL 2032 | Bond - Gov't/Treasury | ₹29.65 Cr | 0.93% |
| Future on UltraTech Cement Ltd | Equity - Future | ₹-28.84 Cr | 0.90% |
| UltraTech Cement Ltd | Equity | ₹28.73 Cr | 0.90% |
| 07.83 MH Sdl 2030 | Bond - Gov't/Treasury | ₹26 Cr | 0.81% |
| 07.79 TN Sgs 2032 | Bond - Gov't/Treasury | ₹25.92 Cr | 0.81% |
| Uttar Pradesh (Government of) 7.75% | Bond - Sub-sovereign Government Debt | ₹25.8 Cr | 0.81% |
| 07.55 GJ Sdl 2031 | Bond - Gov't/Treasury | ₹25.65 Cr | 0.80% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.56 Cr | 0.80% |
| 7.5 Tn SDL 2031 | Bond - Gov't/Treasury | ₹25.55 Cr | 0.80% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹25.54 Cr | 0.80% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹25.36 Cr | 0.79% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.32 Cr | 0.79% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹25.25 Cr | 0.79% |
| 07.27 Tn SDL 2032 | Bond - Gov't/Treasury | ₹25.22 Cr | 0.79% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹24.99 Cr | 0.78% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹24.97 Cr | 0.78% |
| 06.89 KA Sdl 2033 | Bond - Gov't/Treasury | ₹24.59 Cr | 0.77% |
| Mindspace Business Parks REIT Unit | Equity - REIT | ₹23.3 Cr | 0.73% |
| Swaraj Engines Ltd | Equity | ₹23.18 Cr | 0.73% |
| 08.68 AP Sdl 2030 | Bond - Gov't/Treasury | ₹21.51 Cr | 0.67% |
| Rep13_151225 | Cash - Repurchase Agreement | ₹20.71 Cr | 0.65% |
| Uttarakhand (Government of) 7.5% | Bond - Sub-sovereign Government Debt | ₹20.49 Cr | 0.64% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹20.28 Cr | 0.63% |
| 06.97 Tn SDL 2031 28 Jul | Bond - Gov't/Treasury | ₹19.97 Cr | 0.63% |
| Trp_161225 | Cash - Repurchase Agreement | ₹18.55 Cr | 0.58% |
| 08.48 KL Sdl 2030 | Bond - Gov't/Treasury | ₹15.99 Cr | 0.50% |
| 07.63 MH Sdl 2030 | Bond - Gov't/Treasury | ₹15.5 Cr | 0.49% |
| 07.70 MH Sgs 2031 | Bond - Gov't/Treasury | ₹15.45 Cr | 0.48% |
| Indigrid Infrastructure Trust | Bond - Corporate Bond | ₹14.95 Cr | 0.47% |
| 06.75 KA Sdl 2033 14 Oct | Bond - Gov't/Treasury | ₹14.63 Cr | 0.46% |
| Future on Coforge Ltd | Equity - Future | ₹-11.66 Cr | 0.37% |
| Cigniti Technologies Ltd | Equity | ₹11.29 Cr | 0.35% |
| 08.43 AP Sdl 2030 | Bond - Gov't/Treasury | ₹10.67 Cr | 0.33% |
| Kotak Mahindra Bank Limited December 2025 Future | Equity - Future | ₹-10.52 Cr | 0.33% |
| Kotak Mahindra Bank Ltd | Equity | ₹10.47 Cr | 0.33% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹10.43 Cr | 0.33% |
| 7.68% Tamilnadu SDL (Md 01/11/2030) | Bond - Gov't/Treasury | ₹10.38 Cr | 0.32% |
| 07.84 RJ Sgs 2032 | Bond - Gov't/Treasury | ₹10.37 Cr | 0.32% |
| 07.83 RJ Sdl 2032 | Bond - Gov't/Treasury | ₹10.37 Cr | 0.32% |
| 07.78 RJ Sdl 2033 | Bond - Gov't/Treasury | ₹10.31 Cr | 0.32% |
| 07.69 MH Sdl 2031 | Bond - Gov't/Treasury | ₹10.3 Cr | 0.32% |
| 07.65 Tn SDL 2033 | Bond - Gov't/Treasury | ₹10.28 Cr | 0.32% |
| 07.41 AP Sdl 2030 | Bond - Gov't/Treasury | ₹10.23 Cr | 0.32% |
| 07.19 Tn SDL 2030 | Bond - Gov't/Treasury | ₹10.18 Cr | 0.32% |
| 07.34 MH Sdl 2031 | Bond - Gov't/Treasury | ₹10.15 Cr | 0.32% |
| 07.20 Tn SDL 2031 | Bond - Gov't/Treasury | ₹10.09 Cr | 0.32% |
| 07.12 GJ Sdl 2032 | Bond - Gov't/Treasury | ₹10.02 Cr | 0.31% |
| Tamil Nadu (Government of) 7.1% | Bond - Sub-sovereign Government Debt | ₹10 Cr | 0.31% |
| 07.10 MH Sdl 2032 | Bond - Gov't/Treasury | ₹10 Cr | 0.31% |
| 07.05 RJ Sdl 2031 | Bond - Gov't/Treasury | ₹9.99 Cr | 0.31% |
| 07.05 MH Sdl 2032 | Bond - Gov't/Treasury | ₹9.97 Cr | 0.31% |
| Karnataka (Government of) 7.03% | Bond - Sub-sovereign Government Debt | ₹9.91 Cr | 0.31% |
| 06.88 KA Sdl 2032 | Bond - Gov't/Treasury | ₹9.89 Cr | 0.31% |
| Axis Bank Limited December 2025 Future | Equity - Future | ₹-8.69 Cr | 0.27% |
| Axis Bank Ltd | Equity | ₹8.67 Cr | 0.27% |
| Corporate Debt Market Development Fund - Class A2 Units | Mutual Fund - Open End | ₹7.62 Cr | 0.24% |
| Icici Bank Limited December 2025 Future | Equity - Future | ₹-5.66 Cr | 0.18% |
| ICICI Bank Ltd | Equity | ₹5.64 Cr | 0.18% |
| 08.39 AP Sdl 2031 | Bond - Gov't/Treasury | ₹5.28 Cr | 0.17% |
| 08.61 PN Sdl 2028 | Bond - Gov't/Treasury | ₹5.28 Cr | 0.17% |
| 08.37 AP Sdl 2031 | Bond - Gov't/Treasury | ₹5.27 Cr | 0.17% |
| 08.22 KA Sdl 2031 | Bond - Gov't/Treasury | ₹5.26 Cr | 0.16% |
| 08.50 AP SDL SPL 2029 | Bond - Gov't Agency Debt | ₹5.25 Cr | 0.16% |
| 07.80 KA Sdl 2030 | Bond - Gov't/Treasury | ₹5.19 Cr | 0.16% |
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹5.19 Cr | 0.16% |
| 07.68 KA Sgs 2031 | Bond - Gov't/Treasury | ₹5.16 Cr | 0.16% |
| 07.70 RJ Sdl 2032 | Bond - Gov't/Treasury | ₹5.15 Cr | 0.16% |
| 07.32 Wb SDL 2029 | Bond - Gov't/Treasury | ₹5.1 Cr | 0.16% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹5.09 Cr | 0.16% |
| 07.13 KL Sdl 2029 | Bond - Gov't/Treasury | ₹5.08 Cr | 0.16% |
| 07.42 RJ Sgs 2032 | Bond - Gov't/Treasury | ₹5.08 Cr | 0.16% |
| 07.35 MH Sdl 2032 | Bond - Gov't/Treasury | ₹5.07 Cr | 0.16% |
| Maharashtra (Government of) 7.32% | Bond - Sub-sovereign Government Debt | ₹5.06 Cr | 0.16% |
| 07.13 AP Sdl 2030 | Bond - Gov't/Treasury | ₹5.06 Cr | 0.16% |
| Tamil Nadu (Government of) 7.33% | Bond - Sub-sovereign Government Debt | ₹5.06 Cr | 0.16% |
| 7.39 Tn SDL 2033 | Bond - Gov't/Treasury | ₹5.06 Cr | 0.16% |
| Indigrid Infrastructure Trust | Bond - Corporate Bond | ₹5.05 Cr | 0.16% |
| Indigrid Infrastructure Trust | Bond - Corporate Bond | ₹5.05 Cr | 0.16% |
| State Government Of Karnataka | Bond - Gov't/Treasury | ₹5.03 Cr | 0.16% |
| Tamil Nadu (Government of) 7.21% | Bond - Sub-sovereign Government Debt | ₹5.03 Cr | 0.16% |
| 07.07 GJ Sdl 2031 | Bond - Gov't/Treasury | ₹5.01 Cr | 0.16% |
| 06.73 Tn SDL 2030 | Bond - Gov't/Treasury | ₹5 Cr | 0.16% |
| 06.98 Tn SDL 2031 | Bond - Gov't/Treasury | ₹5 Cr | 0.16% |
| 07.09 RJ Sdl 2032 | Bond - Gov't/Treasury | ₹4.99 Cr | 0.16% |
| 06.97 Tn SDL 2031 | Bond - Gov't/Treasury | ₹4.99 Cr | 0.16% |
| 06.97 Tn SDL 2031 13 Oct | Bond - Gov't/Treasury | ₹4.99 Cr | 0.16% |
| 06.83 KA Sdl 2031 | Bond - Gov't/Treasury | ₹4.96 Cr | 0.16% |
| 6.8 MH Sdl 2031 | Bond - Gov't/Treasury | ₹4.96 Cr | 0.16% |
| 06.85 RJ Sdl 2031 | Bond - Gov't/Treasury | ₹4.96 Cr | 0.16% |
| 06.46 RJ Sdl 2030 | Bond - Gov't/Treasury | ₹4.93 Cr | 0.15% |
| 06.33 Tn SDL 2030 | Bond - Gov't/Treasury | ₹4.92 Cr | 0.15% |
| India (Republic of) | Bond - Short-term Government Bills | ₹4.84 Cr | 0.15% |
| Punjab National Bank Future Dec 25 | Equity - Future | ₹-3.92 Cr | 0.12% |
| Punjab National Bank | Equity | ₹3.89 Cr | 0.12% |
| Future on Bank of Baroda | Equity - Future | ₹-2.59 Cr | 0.08% |
| Bank of Baroda | Equity | ₹2.59 Cr | 0.08% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹2.49 Cr | 0.08% |
| Future on GMR Airports Ltd | Equity - Future | ₹-1.54 Cr | 0.05% |
| GMR Airports Ltd | Equity | ₹1.54 Cr | 0.05% |
| Hdfc Bank Limited December 2025 Future | Equity - Future | ₹-1.32 Cr | 0.04% |
| HDFC Bank Ltd | Equity | ₹1.31 Cr | 0.04% |
| Future on Steel Authority Of India Ltd | Equity - Future | ₹-1 Cr | 0.03% |
| Steel Authority Of India Ltd | Equity | ₹1 Cr | 0.03% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-0.57 Cr | 0.02% |
| Tata Consultancy Services Ltd | Equity | ₹0.57 Cr | 0.02% |
| Future on Jio Financial Services Ltd | Equity - Future | ₹-0.07 Cr | 0.00% |
| Jio Financial Services Ltd | Equity | ₹0.07 Cr | 0.00% |
| Option on Power Grid Corp Of India Ltd | Equity - Option (Call) | ₹-0.01 Cr | 0.00% |
| Cash | Cash | ₹0.01 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
7.88%
Mid Cap Stocks
1.61%
Small Cap Stocks
1.08%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Energy | ₹159.95 Cr | 5.01% |
| Consumer Defensive | ₹63.85 Cr | 2.00% |
| Financial Services | ₹63.71 Cr | 2.00% |
| Utilities | ₹63.4 Cr | 1.99% |
| Basic Materials | ₹29.73 Cr | 0.93% |
| Consumer Cyclical | ₹23.18 Cr | 0.73% |
| Technology | ₹11.85 Cr | 0.37% |
| Communication Services | ₹2.49 Cr | 0.08% |
| Industrials | ₹1.54 Cr | 0.05% |
Risk & Performance Ratios
Standard Deviation
This fund
3.09%
Cat. avg.
3.66%
Lower the better
Sharpe Ratio
This fund
1.47
Cat. avg.
0.66
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.19
Higher the better
Fund Managers
RM
Raj Mehta
Since May 2021
Rajeev Thakkar
Since May 2021
Raunak Onkar
Since May 2021
RT
Rukun Tarachandani
Since May 2022
Tejas Soman
Since September 2025
MK
Mansi Kariya
Since December 2023
Additional Scheme Detailsas of 15th December 2025
ISIN INF879O01175 | Expense Ratio 0.34% | Exit Load 1.00% | Fund Size ₹3,168 Cr | Age 4 years 7 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Hybrid 85+15 - ConservativeTR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Conservative Allocation Funds
About the AMC
PPFAS Mutual Fund
Total AUM
₹1,43,337 Cr
Address
Great Western Building, 1st Floor, Mumbai, 400 001
Other Funds by PPFAS Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Parag Parikh Dynamic Asset Allocation Fund Direct Growth Moderate Risk | 0.3% | 1.0% | ₹2704.76 Cr | 5.8% |
| Parag Parikh Arbitrage Fund Direct Growth Low Risk | 0.3% | 0.0% | ₹1971.16 Cr | 6.7% |
| Parag Parikh Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹5075.30 Cr | 6.3% |
| Parag Parikh Conservative Hybrid Fund Direct Growth Moderately High risk | 0.3% | 1.0% | ₹3167.68 Cr | 7.6% |
| Parag Parikh Flexi Cap Fund Direct Growth Very High Risk | 0.6% | 2.0% | ₹129782.54 Cr | 8.1% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹5866.92 Cr | 5.0% |
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Parag Parikh Conservative Hybrid Fund Direct Growth?
The NAV of Parag Parikh Conservative Hybrid Fund Direct Growth, as of 30-Dec-2025, is ₹15.56.
What are the returns of Parag Parikh Conservative Hybrid Fund Direct Growth?
The fund has generated 7.60% over the last 1 year and 11.41% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Parag Parikh Conservative Hybrid Fund Direct Growth?
The fund's allocation of assets is distributed as 19.06% in equities, 73.21% in bonds, and 7.48% in cash and cash equivalents.
Who manages the Parag Parikh Conservative Hybrid Fund Direct Growth?
The fund managers responsible for Parag Parikh Conservative Hybrid Fund Direct Growth are:-
- Raj Mehta
- Rajeev Thakkar
- Raunak Onkar
- Rukun Tarachandani
- Tejas Soman
- Mansi Kariya
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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Pvt. Ltd. is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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