What are the top performing Conservative Hybrid funds?

Based on 1-year returns, the top performing Conservative Hybrid funds are Nippon India Conservative Hybrid Fund - Direct Plan with 6.51% return, ICICI Prudential Retirement Fund - Hybrid Conservative Plan - Direct Plan with 6.28% return, and SBI Conservative Hybrid Fund - Direct Plan with 4.65% return. The category average 1-year return is 1.84%.

Which Conservative Hybrid funds have given the best returns over 3 years?

Over a 3-year period, the best performing Conservative Hybrid funds are Nippon India Conservative Hybrid Fund - Direct Plan with a 11.69% CAGR, ICICI Prudential Retirement Fund - Hybrid Conservative Plan - Direct Plan with 11.26% CAGR, and SBI Conservative Hybrid Fund - Direct Plan with 10.41% CAGR. The category average 3-year return stands at 8.42% CAGR.

Which Conservative Hybrid funds have given the best returns over 5 years?

Over a 5-year period, the top Conservative Hybrid funds are Nippon India Conservative Hybrid Fund - Direct Plan with a 11.07% CAGR, ICICI Prudential Retirement Fund - Hybrid Conservative Plan - Direct Plan with 10.41% CAGR, and SBI Conservative Hybrid Fund - Direct Plan with 9.49% CAGR. The category average 5-year return is 8.03% CAGR.

Which are the best Conservative Hybrid funds for SIP investment?

Based on average 5-year rolling returns, the best Conservative Hybrid funds for SIP are SBI Childrens Fund - Savings Plan - Direct Plan with 5-year average rolling return of 12.73%, Kotak Debt Hybrid Fund - Direct Plan with 11.30%, and ICICI Prudential Regular Savings Fund - Direct Plan with 10.83%. You can start a SIP in Conservative Hybrid funds with as little as ₹100 per month.

What are the largest Conservative Hybrid mutual funds by assets?

The largest Conservative Hybrid funds by Assets Under Management (AUM) are SBI Conservative Hybrid Fund - Direct Plan with ₹ 9,754.01 crore, Parag Parikh Conservative Hybrid Fund - Direct Plan with ₹ 3,344.49 crore, and ICICI Prudential Regular Savings Fund - Direct Plan with ₹ 3,288.94 crore. Together, there are 32 Conservative Hybrid funds available in India.

What is the minimum amount to invest in Conservative Hybrid funds?

You can start investing in Conservative Hybrid funds with a minimum SIP of ₹100 per month or a minimum lumpsum of ₹100. The minimum investment varies across fund houses — some funds allow even lower entry points.

How are Conservative Hybrid fund returns taxed?

All gains from Conservative Hybrid funds — regardless of holding period — are added to your income and taxed at your applicable income tax slab rate.

Which Conservative Hybrid funds have the lowest expense ratio?

Among Conservative Hybrid funds, Bandhan Conservative Hybrid Passive FoF - Direct Plan has the lowest expense ratio at 0.07% (Direct Plan), followed by Parag Parikh Conservative Hybrid Fund - Direct Plan at 0.28%. Lower expense ratios directly improve your net returns over the long term.

How many Conservative Hybrid mutual funds are available in India?

There are currently 32 Conservative Hybrid mutual funds available in India across different fund houses. You can compare all 32 funds on Sharpely based on returns, risk, AUM, and expense ratio to find the one that suits your investment goals.

mutual funds category

Conservative Hybrid

Conservative Hybrid Funds

Conservative hybrid funds invest majorly in debt instruments with little exposure to equities. According to the SEBI guidelines, conservative hybrid funds must invest around 75% to 90% in debt instruments and the remaining in equity instruments.

Total Schemes

No. of schemes

Total AUM

₹ 0.31Lakh Cr

As on latest

Category Return (5Y)

8.03 %

CAGR

Benchmark Data

This category currently has no benchmark assigned.

Category Returns (%)

Period	1M	6M	1Y	3Y CAGR	5Y CAGR	10Y CAGR	YTD
Conservative Hybrid	-0.11 %	-0.54 %	1.84 %	8.42 %	8.03 %	8.44 %	-0.68 %
Benchmark Not Available No benchmark assigned	-	-	-	-	-	-	-

Top Conservative Hybrid Funds (by AUM)

Fund Name	AUM (₹ Cr)	1Y Return	3Y CAGR	5Y CAGR	Expense Ratio
SBI Conservative Hybrid Fund - Direct PlanNAV: ₹82.41	9,754.01 Cr	4.65%	9.30%	9.29%	1.02%
Parag Parikh Conservative Hybrid Fund - Direct PlanNAV: ₹15.75	3,344.49 Cr	3.39%	10.34%	9.49%	0.28%
ICICI Prudential Regular Savings Fund - Direct PlanNAV: ₹86.00	3,288.94 Cr	4.27%	9.88%	9.13%	0.95%
HDFC Hybrid Debt Fund - Direct PlanNAV: ₹87.64	3,261.07 Cr	-0.07%	8.27%	8.49%	1.17%
Kotak Debt Hybrid Fund - Direct PlanNAV: ₹67.93	2,902.13 Cr	0.44%	9.20%	9.19%	0.54%
UTI Conservative Hybrid Fund - Direct PlanNAV: ₹75.11	1,652.19 Cr	0.15%	8.28%	8.52%	1.28%
Aditya Birla Sun Life Regular Savings Fund - Direct PlanNAV: ₹77.30	1,479.28 Cr	4.31%	9.08%	8.82%	0.96%
Nippon India Conservative Hybrid Fund - Direct PlanNAV: ₹67.31	951.13 Cr	6.51%	8.62%	8.46%	1.00%
Canara Robeco Conservative Hybrid Fund - Direct PlanNAV: ₹111.71	863.57 Cr	0.75%	7.79%	7.43%	0.66%
Baroda BNP Paribas Conservative Hybrid Fund - Direct PlanNAV: ₹56.27	811.02 Cr	3.40%	8.99%	7.91%	0.49%
SBI Retirement Benefit Fund - Conservative Hybrid Plan - Direct PlanNAV: ₹15.79	255.28 Cr	-1.25%	7.51%	8.40%	1.18%
Axis Conservative Hybrid Fund - Direct PlanNAV: ₹35.33	217.81 Cr	0.64%	7.04%	6.79%	1.10%
Franklin India Conservative Hybrid Fund - Direct PlanNAV: ₹100.22	188.07 Cr	0.90%	8.46%	7.48%	0.73%
DSP Regular Savings Fund - Direct PlanNAV: ₹67.75	179.01 Cr	2.73%	9.35%	8.03%	0.61%
Tata Retirement Savings Fund - Conservative Plan - Direct PlanNAV: ₹37.85	164.26 Cr	2.62%	8.48%	7.23%	1.00%

About Conservative Hybrid Funds

What is it?

Objective

The objective of the conservative hybrid fund is to generate moderate returns with high safety by investing majorly in debt instruments.

Suitability and opinion

As these funds invest the majority of pooled funds in debt assets, they provide stable returns with lower risks. This makes them suitable for risk-averse investors trying to generate slightly better returns compared to FDs by taking slightly higher risks. We believe that aggressive debt investors can invest in these funds as a slight allotment in equity will help them in generating marginally better returns compared to pure debt funds and bank FDs. They are also suitable for individuals seeking regular income as at least 75% of the assets are debt assets. The ideal time horizon is 3 years and more.

Conservative Hybrid vs Other Categories

5Y CAGR Return Comparison

8.72%

8.45%

8.03%

6.44%

Equity Savings

Balanced Hybrid

Conservative Hybrid

Arbitrage

Key Insights

Conservative Hybrid delivered 8.03% CAGR over the last 5 years.

It ranks #6 out of 7 categories based on 5Y performance.

Below the category average return of 9.76%.

5 categories outperform it, while 1 categories have lower returns.

Top performer: Multi Asset Allocation (14.99%).

Lowest performer: Arbitrage (6.44%).

Let's have a closer look

Now let us jump and check about these top 15 mutual fund schemes.

SBI Conservative Hybrid Fund - Direct Plan

Fund Performance: SBI Conservative Hybrid Fund - Direct Plan has given 9.30% annualized returns in the past three years and 9.29% in the last 5 years. The SBI Conservative Hybrid Fund - Direct Plan comes under the Hybrid category of SBI Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in SBI Conservative Hybrid Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 9,754.01Cr

1Y Returns

4.65%

Expense Ratio

1.02%

Parag Parikh Conservative Hybrid Fund - Direct Plan

Fund Performance: Parag Parikh Conservative Hybrid Fund - Direct Plan has given 10.34% annualized returns in the past three years and 9.49% in the last 5 years. The Parag Parikh Conservative Hybrid Fund - Direct Plan comes under the Hybrid category of PPFAS Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Parag Parikh Conservative Hybrid Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 1,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 3,344.49Cr

1Y Returns

3.39%

Expense Ratio

0.28%

ICICI Prudential Regular Savings Fund - Direct Plan

Fund Performance: ICICI Prudential Regular Savings Fund - Direct Plan has given 9.88% annualized returns in the past three years and 9.13% in the last 5 years. The ICICI Prudential Regular Savings Fund - Direct Plan comes under the Hybrid category of ICICI Prudential Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Regular Savings Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 3,288.94Cr

1Y Returns

4.27%

Expense Ratio

0.95%

HDFC Hybrid Debt Fund - Direct Plan

Fund Performance: HDFC Hybrid Debt Fund - Direct Plan has given 8.27% annualized returns in the past three years and 8.49% in the last 5 years. The HDFC Hybrid Debt Fund - Direct Plan comes under the Hybrid category of HDFC Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in HDFC Hybrid Debt Fund - Direct Plan via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 3,261.07Cr

1Y Returns

-0.07%

Expense Ratio

1.17%

Kotak Debt Hybrid Fund - Direct Plan

Fund Performance: Kotak Debt Hybrid Fund - Direct Plan has given 9.20% annualized returns in the past three years and 9.19% in the last 5 years. The Kotak Debt Hybrid Fund - Direct Plan comes under the Hybrid category of Kotak Mahindra Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Kotak Debt Hybrid Fund - Direct Plan via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 2,902.13Cr

1Y Returns

0.44%

Expense Ratio

0.54%

UTI Conservative Hybrid Fund - Direct Plan

Fund Performance: UTI Conservative Hybrid Fund - Direct Plan has given 8.28% annualized returns in the past three years and 8.52% in the last 5 years. The UTI Conservative Hybrid Fund - Direct Plan comes under the Hybrid category of UTI Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in UTI Conservative Hybrid Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 1,652.19Cr

1Y Returns

0.15%

Expense Ratio

1.28%

Aditya Birla Sun Life Regular Savings Fund - Direct Plan

Fund Performance: Aditya Birla Sun Life Regular Savings Fund - Direct Plan has given 9.08% annualized returns in the past three years and 8.82% in the last 5 years. The Aditya Birla Sun Life Regular Savings Fund - Direct Plan comes under the Hybrid category of Aditya Birla Sun Life Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Aditya Birla Sun Life Regular Savings Fund - Direct Plan via lump sum is ₹ 1,000.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 1,000.00

AUM

₹ 1,479.28Cr

1Y Returns

4.31%

Expense Ratio

0.96%

Nippon India Conservative Hybrid Fund - Direct Plan

Fund Performance: Nippon India Conservative Hybrid Fund - Direct Plan has given 8.62% annualized returns in the past three years and 8.46% in the last 5 years. The Nippon India Conservative Hybrid Fund - Direct Plan comes under the Hybrid category of Nippon India Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Nippon India Conservative Hybrid Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 951.13Cr

1Y Returns

6.51%

Expense Ratio

1.00%

Canara Robeco Conservative Hybrid Fund - Direct Plan

Fund Performance: Canara Robeco Conservative Hybrid Fund - Direct Plan has given 7.79% annualized returns in the past three years and 7.43% in the last 5 years. The Canara Robeco Conservative Hybrid Fund - Direct Plan comes under the Hybrid category of Canara Robeco Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Canara Robeco Conservative Hybrid Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 1,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 863.57Cr

1Y Returns

0.75%

Expense Ratio

0.66%

Baroda BNP Paribas Conservative Hybrid Fund - Direct Plan

Fund Performance: Baroda BNP Paribas Conservative Hybrid Fund - Direct Plan has given 8.99% annualized returns in the past three years and 7.91% in the last 5 years. The Baroda BNP Paribas Conservative Hybrid Fund - Direct Plan comes under the Hybrid category of Baroda BNP Paribas Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Baroda BNP Paribas Conservative Hybrid Fund - Direct Plan via lump sum is ₹ 1,000.00 and via SIP is ₹ 250.00.

Min Investment Amt

₹ 1,000.00

AUM

₹ 811.02Cr

1Y Returns

3.40%

Expense Ratio

0.49%

SBI Retirement Benefit Fund - Conservative Hybrid Plan - Direct Plan

Fund Performance: SBI Retirement Benefit Fund - Conservative Hybrid Plan - Direct Plan has given 7.51% annualized returns in the past three years and 8.40% in the last 5 years. The SBI Retirement Benefit Fund - Conservative Hybrid Plan - Direct Plan comes under the Hybrid category of SBI Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in SBI Retirement Benefit Fund - Conservative Hybrid Plan - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 255.28Cr

1Y Returns

-1.25%

Expense Ratio

1.18%

Axis Conservative Hybrid Fund - Direct Plan

Fund Performance: Axis Conservative Hybrid Fund - Direct Plan has given 7.04% annualized returns in the past three years and 6.79% in the last 5 years. The Axis Conservative Hybrid Fund - Direct Plan comes under the Hybrid category of Axis Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Axis Conservative Hybrid Fund - Direct Plan via lump sum is ₹ 500.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 500.00

AUM

₹ 217.81Cr

1Y Returns

0.64%

Expense Ratio

1.10%

Franklin India Conservative Hybrid Fund - Direct Plan

Fund Performance: Franklin India Conservative Hybrid Fund - Direct Plan has given 8.46% annualized returns in the past three years and 7.48% in the last 5 years. The Franklin India Conservative Hybrid Fund - Direct Plan comes under the Hybrid category of Franklin Templeton Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Franklin India Conservative Hybrid Fund - Direct Plan via lump sum is ₹ 10,000.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 10,000.00

AUM

₹ 188.07Cr

1Y Returns

0.90%

Expense Ratio

0.73%

DSP Regular Savings Fund - Direct Plan

Fund Performance: DSP Regular Savings Fund - Direct Plan has given 9.35% annualized returns in the past three years and 8.03% in the last 5 years. The DSP Regular Savings Fund - Direct Plan comes under the Hybrid category of DSP Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in DSP Regular Savings Fund - Direct Plan via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 179.01Cr

1Y Returns

2.73%

Expense Ratio

0.61%

Tata Retirement Savings Fund - Conservative Plan - Direct Plan

Fund Performance: Tata Retirement Savings Fund - Conservative Plan - Direct Plan has given 8.48% annualized returns in the past three years and 7.23% in the last 5 years. The Tata Retirement Savings Fund - Conservative Plan - Direct Plan comes under the Hybrid category of Tata Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Tata Retirement Savings Fund - Conservative Plan - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 164.26Cr

1Y Returns

2.62%

Expense Ratio

1.00%