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 - Monthly IDCW
★★★★★ 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: 85/100 · Excellent
How this score is calculated
- Star rating (35%)5/5
- 3Y CAGR (30%)9.32%
- Expense ratio (20%)0.32%
- AUM (15%)₹3,481 Cr
Not investment advice — an analytical read of public fund data. Methodology →
PPFAS Mutual Fund · Hybrid · Conservative Hybrid
₹16.13
AUM: ₹3,481 Cr
NAV updated 5 days ago
Plan
Direct
Option
Idcw
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
-2.37
Std Dev (1Y)
3.35%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-0.04%
3m
+0.82%
6m
+2.62%
1y
+4.95%
3y
+9.32%
5y
+9.3%
10y
—
since inception
+1.66%
TopFund's Take on Parag Parikh Conservative Hybrid Fund - Direct Plan - Monthly IDCW
Parag Parikh Conservative Hybrid Fund - Direct Plan - Monthly IDCW 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 85/100.
Cost: At 0.32%, the expense ratio is meaningfully cheaper — about 61% below the Conservative Hybrid category average of 0.83% (based on 130 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 -2.37 — 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 3.35% 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
Similar Funds
Nippon India Conservative Hybrid Fund - Direct Plan Growth Plan - Growth Option
Nippon India Mutual Fund
ICICI Prudential Arbitrage Fund - Growth
ICICI Prudential Mutual Fund
SBI Children's Fund - Savings Plan - DIRECT PLAN - GROWTH
SBI Mutual Fund
Parag Parikh Conservative Hybrid Fund - Direct Plan - Growth
PPFAS Mutual Fund
ITI Arbitrage Fund - Direct Plan - Growth Option
ITI Mutual Fund
Axis Conservative Hybrid Fund - Direct Plan - Half Yearly
Axis Mutual Fund
Tools & Guides for This Fund
Frequently Asked Questions about Parag Parikh Conservative Hybrid Fund - Direct Plan - Monthly IDCW
The current NAV (Net Asset Value) of Parag Parikh Conservative Hybrid Fund - Direct Plan - Monthly IDCW is ₹16.13. NAV is updated every business day after market close by AMFI.
1Y: 4.95% · 3Y CAGR: 9.32% · 5Y CAGR: 9.3%
The expense ratio of Parag Parikh Conservative Hybrid Fund - Direct Plan - Monthly IDCW 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 - Monthly IDCW is managed by Rajeev Thakkar at PPFAS Mutual Fund.
Parag Parikh Conservative Hybrid Fund - Direct Plan - Monthly IDCW 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 - Monthly IDCW 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 - Monthly IDCW 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 - Monthly IDCW is ₹3,481 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.
Discussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
No comments yet — start the discussion.