Mostly bonds, some shares. 10% to 25% in shares, the rest in debt.
Ranked by three-year return; funds without that figure at the end
Ranked by three-year return, the top three are Parag Parikh Conservative Hybrid Fund (+8.5% a year), ICICI Prudential Conservative Hybrid Fund (+7.9% a year) and Nippon India Conservative Hybrid Fund (+7.8% a year). Past returns do not tell you future returns.
| +1.9% | +8.5% | +8.6% | 1/18 | 0.67% | ₹3,403 cr | |
ICICI Prudential Conservative Hybrid Fund ICICI Prudential | +1.3% | +7.9% | +7.2% | 2/18 | 1.73% | ₹3,237 cr |
Nippon India Conservative Hybrid Fund Nippon India | +4.5% | +7.8% | +7.2% | 3/18 | 1.80% | ₹977 cr |
| +1.9% | +7.7% | +6.8% | 4/18 | 1.25% | ₹174 cr | |
| -0.0% | +7.7% | +6.1% | 5/18 | 2.19% | ₹148 cr | |
Aditya Birla Sun Life Conservative Hybrid Fund Aditya Birla Sun Life | +1.6% | +7.6% | +6.8% | 6/18 | 1.80% | ₹1,452 cr |
| +2.1% | +7.6% | +7.4% | 7/18 | 1.49% | ₹9,980 cr | |
Kotak Conservative Hybrid Fund Kotak Mahindra | +0.0% | +7.1% | +6.6% | 8/18 | 1.77% | ₹2,585 cr |
Franklin India Conservative Hybrid Fund Franklin Templeton | +0.2% | +7.0% | +6.2% | 9/18 | 1.39% | ₹180 cr |
| -0.7% | +6.9% | +6.1% | 10/18 | 1.86% | ₹1,585 cr | |
| +0.0% | +6.7% | +6.9% | 11/18 | 1.70% | ₹3,086 cr | |
Baroda BNP Paribas Conservative Hybrid Fund Baroda BNP Paribas | +1.5% | +6.6% | — | 12/18 | 2.07% | ₹939 cr |
Canara Robeco Conservative Hybrid Fund Canara Robeco | +0.6% | +6.4% | +5.6% | 13/18 | 1.89% | ₹801 cr |
| +1.4% | +6.2% | +4.7% | 14/18 | 1.95% | ₹85 cr | |
Bank of India Conservative Hybrid Fund Bank of India | +0.6% | +5.5% | +8.7% | 15/18 | 2.27% | ₹69 cr |
| -0.4% | +5.5% | +4.5% | 16/18 | 2.15% | ₹213 cr | |
| +0.4% | +5.3% | +4.3% | 17/18 | 2.22% | ₹45 cr | |
| -1.3% | +4.6% | +4.3% | 18/18 | 1.95% | ₹18 cr |
Answered from the figures above, updated every business day
18 funds, managing ₹28,977 cr between them as of 3 Nov 2026. The largest is SBI Conservative Hybrid Fund, at ₹9,980 cr.
The average Conservative Hybrid fund returned +0.9% over the last year, +6.8% a year over three years, +6.3% a year over five years. Over the last year the funds ranged from -1.3% to +4.5%. Past returns do not tell you future returns.
Parag Parikh Conservative Hybrid Fund, at 0.67% a year, against 1.83% for the average fund in the category. The expense ratio is taken out of the fund every day, so every return shown is already after it.
Parag Parikh Conservative Hybrid Fund, at +8.5% a year over the last three years, against +6.8% for the average fund. Past returns do not tell you future returns.
Their volatility over the last year averaged 3.8%: the higher it is, the more the price swings from day to day. 11 of 18 carry the riskometer level Moderately High, on SEBI's six-step scale from Low to Very High.
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NAV, expense ratio and fund disclosures as published by AMFI and the fund houses; prices as of 3 Nov 2026. Figures are computed independently and may differ from a fund house's own factsheet.
DiscoverMF is an information and analytics service. Nothing here is investment advice, a recommendation, or an offer to buy or sell any scheme. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past performance does not indicate future returns.