# Nippon India Conservative Hybrid Fund

Nippon Life India Asset Management Limited · Conservative Hybrid · Regular plan, Growth

Full page with charts: https://discovermf.com/funds/nippon-india-conservative-hybrid-fund-102172
Figures as of 3 Nov 2026, from DiscoverMF. Information, not investment advice. Past returns do not indicate future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.

## In short

- **What it invests in:** Mostly bonds, some shares. Its latest portfolio: 14% shares, 65% bonds and money market, 13% cash and 8% other investments.
- **₹10,000 a month:** For the last 5 years: ₹6 lakh put in, worth ₹7.22 lakh on 3 Nov 2026.
- **Next to similar funds:** Over the last 3 years it earned 7.8% a year; similar funds earned 6.8% a year on average.
- **How bumpy:** High: big ups and downs. It made money in 94 of every 100 one-year stretches; its worst 12 months saw a fall of 17.5%.
- **Expense ratio:** 1.80% a year. Similar funds: 1.83% on average.
- **Fees and minimums:** A SIP from ₹100 a month. A fee may apply if you sell soon after buying; the full terms are under Cost.

Past returns do not tell you future returns.

## Key facts

- **NAV:** ₹62.16 on 3 Nov 2026
- **Fund size:** ₹977 cr (2 Nov 2026)
- **Expense ratio:** 1.80% a year (typical in its category 1.83%)
- **Riskometer:** High
- **Benchmark:** CRISIL Hybrid 85+15 - Conservative Index
- **Category:** [Conservative Hybrid](https://discovermf.com/categories/conservative-hybrid.md)
- **Fund house:** [Nippon Life India Asset Management Limited](https://discovermf.com/fund-houses/nippon-india)
- **Launched:** 29 Dec 2003 (prices here start 3 Apr 2006)
- **Exit load:** 10% of the units allotted shall be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units.
Any redemption in excess of such limit in the first 12 months from the date of allotment shall be subject to the following exit load. Redemption of units would be done on First in First out Basis (FIFO):
1% if redeemed or switched out on or before completion of 12 months from the date of allotment of units.
Nil, if redeemed or switched out after completion of 12 months from the date of allotment of units.
Not applicable for Segregated Portfolio
- **Minimum investment:** ₹5,000 to start, ₹100 a month by SIP
- **AMFI scheme code:** 102172

## Returns

| Period | Fund | Category average | Benchmark | Rank in category |
| --- | --- | --- | --- | --- |
| 1 month | +0.5% | — | — | — |
| 3 months | -0.0% | — | — | — |
| 6 months | +2.5% | — | — | — |
| 1 year | +4.5% | +0.9% | +1.4% | 1 of 18 |
| 3 years (a year) | +7.8% | +6.8% | +7.1% | 3 of 18 |
| 5 years (a year) | +7.2% | +6.3% | +6.1% | 4 of 17 |
| Since 3 Apr 2006 (a year) | +8.0% | — | — | — |

### Calendar years

| Year | Fund | Benchmark |
| --- | --- | --- |
| 2026 | +3.3% | — |
| 2025 | +9.7% | — |
| 2024 | +7.8% | — |
| 2023 | +10.2% | — |
| 2022 | +4.8% | — |
| 2021 | +10.1% | — |
| 2020 | -8.5% | — |
| 2019 | +2.8% | — |
| 2018 | +4.0% | — |
| 2017 | +9.3% | — |

### A ₹10,000 monthly SIP

On the first price of each month, valued at the NAV of 3 Nov 2026.

| Started | Put in | Worth | Yearly return (XIRR) |
| --- | --- | --- | --- |
| 3 years ago | ₹3.6 lakh | ₹3.98 lakh | +6.6% |
| 5 years ago | ₹6 lakh | ₹7.22 lakh | +7.4% |
| 10 years ago | ₹12 lakh | ₹16.39 lakh | +6.1% |

## Risk

| Measure | Fund | Category average |
| --- | --- | --- |
| Volatility, last year | 2.3% | 3.8% |
| Worst fall, last year | -1.8% | — |
| Worst fall, last 3 years | -1.8% | — |
| Sharpe ratio, 3 years | 0.93 | — |
| Sortino ratio, 3 years | 1.34 | — |
| Beta, 3 years | — | — |
| Alpha, 3 years | — | — |

## Portfolio, September 2026

87 holdings. Equity 13.7%, Debt 65.4%, Cash and equivalents 13.3%, Other 7.6%.

### Largest holdings

| Holding | Sector or type | Weight |
| --- | --- | --- |
| Triparty Repo | Cash | 12.51% |
| 7.03% State Government Securities | Debt | 5.07% |
| 10.5% Triumph Composites Limited | Debt | 4.06% |
| 8.45% Adani Airport Holdings Limited | Debt | 4.05% |
| 9.75% Delhi International Airport Limited | Debt | 3.75% |
| 5% GMR Airports Limited | Debt | 3.48% |
| Samriddhi Trust | Debt | 3.45% |
| 10.96% Gaursons India Private Limited | Debt | 3.37% |
| Auxilo Finserve Private Limited | Equity | 3.08% |
| 10.4% Muthoot Fincorp Ltd | Debt | 3.07% |

### Largest sectors

| Sector | Weight |
| --- | --- |
| Realty | 5.3% |
| Banks | 3.4% |
| Transport Infrastructure | 2.0% |
| Automobiles | 1.0% |
| IT - Software | 0.8% |

## Managers

- [Sushil Budhia](https://discovermf.com/fund-managers/sushil-budhia), since 1 Feb 2020
- [Dhrumil Shah](https://discovermf.com/fund-managers/dhrumil-shah), since 1 Sept 2021

## Objective

The primary investment objective of the scheme is to generate regular income in order to make regular dividend payments to unitholders and the secondary objective is growth of capital.