Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Parag Parikh Conservative Hybrid Fund - Direct Plan - Growth
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 5/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 86/100 · Excellent
How this score is calculated
- Star rating (35%)5/5
- 3Y CAGR (30%)9.88%
- Expense ratio (20%)0.32%
- AUM (15%)₹3,473 Cr
Not investment advice — an analytical read of public fund data. Methodology →
PPFAS Mutual Fund · Hybrid · Conservative Hybrid
₹16.14
AUM: ₹3,473 Cr
NAV updated 20 days ago
Plan
Direct
Option
Growth
Risk
High
Expense Ratio
0.32%
Exit Load
For units in excess of 10% of the investment,1% will be charged for redemption within 365 days
Fund Manager
Rajeev Thakkar
Inception
May 2021
Benchmark
CRISIL Hybrid 85+15 Conservative Index
Sharpe Ratio
-0.47
Std Dev (1Y)
2.63%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-0.33%
3m
+2.54%
6m
+2.22%
1y
+5.96%
3y
+9.88%
5y
+9.58%
10y
—
since inception
+9.51%
TopFund's Take on Parag Parikh Conservative Hybrid Fund - Direct Plan - Growth
Parag Parikh Conservative Hybrid Fund - Direct Plan - Growth ranks among the stronger performers in the Conservative Hybrid category, backed by a 5-star rating. It has delivered steady, if unspectacular, returns over a full market cycle. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 86/100.
Cost: At 0.32%, the expense ratio is meaningfully cheaper — about 61% below the Conservative Hybrid category average of 0.83% (based on 131 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.47 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 2.63% is on the lower side for a Conservative Hybrid fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors who want a single fund blending equity growth with debt-driven stability. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Parag Parikh Conservative Hybrid Fund - Direct Plan - Growth
The current NAV (Net Asset Value) of Parag Parikh Conservative Hybrid Fund - Direct Plan - Growth is ₹16.14. NAV is updated every business day after market close by AMFI.
1Y: 5.96% · 3Y CAGR: 9.88% · 5Y CAGR: 9.58%
The expense ratio of Parag Parikh Conservative Hybrid Fund - Direct Plan - Growth is 0.32% per annum. This is the annual fee charged by the fund to manage your investment.
Parag Parikh Conservative Hybrid Fund - Direct Plan - Growth is managed by Rajeev Thakkar at PPFAS Mutual Fund.
Parag Parikh Conservative Hybrid Fund - Direct Plan - Growth is classified as a High risk fund. It is suitable for investors with a long-term horizon of 3+ years.
Parag Parikh Conservative Hybrid Fund - Direct Plan - Growth is a Conservative Hybrid fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Parag Parikh Conservative Hybrid Fund - Direct Plan - Growth with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Parag Parikh Conservative Hybrid Fund - Direct Plan - Growth is ₹3,473 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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