MF Gyan
hybridLow risk5 years oldCooling recently (last 6m ≈ 4% p.a.)

Parag Parikh Conservative Hybrid Fund - Direct Plan - Growth

Combines equity and debt in one fund. Aims for a smoother ride than pure equity funds. From PPFAS Mutual Fund. It's been running since 28 May 2021.

Latest price per unit
₹16.1431
▲ 0.04% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.06 L
▲ ₹6.0k gain · 6.0% / year
Invested 3 years ago
₹1.33 L
▲ ₹32.7k gain · 9.9% / year
Invested 5 years ago
₹1.58 L
▲ ₹58.0k gain · 9.6% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹2.00 L
Gain / loss+₹19.7k
XIRR (annualised)7.20%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.01 L
Projected gain*+₹21.4k
*at this fund's historical rate of 7.20% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 56 other funds in Hybrid Scheme - Conservative Hybrid Fund

Same plan
1-year return
5.96%median 4.37% (+1.59%)
Rank #20 of 57Beats 62% of peers
3-year return
9.88%median 5.09% (+4.79%)
Rank #2 of 57Beats 98% of peers
5-year return
9.58%median 5.32% (+4.26%)
Rank #2 of 57Beats 98% of peers
Bumpiness (3Y)
2.77%median 4.62% (-1.85%)
Rank #2 of 57Less risky than 98% of peers
Worst-ever drop
-2.32%median -11.38% (+9.06%)
Rank #54 of 57Less risky than 5% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 6 of last 6 years were positive.

+4%
2021
+8%
2022
+14%
2023
+13%
2024
+8%
2025
+4%
2026
Best year
2023 · 13.81%
Worst year
2026 · 3.51%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
2.8%

The value swings roughly 3% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-2.32%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Parag Parikh Conservative Hybrid Fund - Direct Plan - Growth against other hybrid funds.

Technical details (for the pros)
CAGR — 1 year5.96%
CAGR — 3 years9.88%
CAGR — 5 years9.58%
CAGR — since launch9.51%
Volatility — 1 year (annualised)2.59%
Volatility — 3 years (annualised)2.77%
Max drawdown — 1 year-2.21%
Max drawdown — 3 years-2.21%
Sharpe ratio — 1 year (rf=6%)0.02
Sharpe ratio — 3 years (rf=6%)1.38

Fund info

Fund house
PPFAS Mutual Fund
Category
Hybrid Scheme - Conservative Hybrid Fund
Plan
Direct
Option
Growth
ISIN (Growth)
INF879O01175
ISIN (Div re-invest)
—
Fund code
148958
First price on record
28 May 2021 · 1,279 daily prices

About Parag Parikh Conservative Hybrid Fund - Direct Plan - Growth

Parag Parikh Conservative Hybrid Fund - Direct Plan - Growth is a Hybrid Scheme - Conservative Hybrid Fund offered by PPFAS Mutual Fund under the Direct plan with the Growth option. It has approximately 5 years of NAV track record. The fund falls in the hybrid category — Combines equity and debt in one fund. Aims for a smoother ride than pure equity funds.

The current NAV of Parag Parikh Conservative Hybrid Fund - Direct Plan - Growth is ₹16.1431 (as of 4 Sep 2026). Historically, it has delivered 5.96% over the last year, 9.88% CAGR over 3 years, 9.58% CAGR over 5 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 2.8% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 2.3%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Parag Parikh Conservative Hybrid Fund - Direct Plan - Growth?+

The latest NAV of Parag Parikh Conservative Hybrid Fund - Direct Plan - Growth is ₹16.1431 as of 4 Sep 2026, up 0.04% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Parag Parikh Conservative Hybrid Fund - Direct Plan - Growth?+

Parag Parikh Conservative Hybrid Fund - Direct Plan - Growth has delivered 1-year return 5.96%, 3-year CAGR 9.88%, 5-year CAGR 9.58%, since-inception CAGR 9.51%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Parag Parikh Conservative Hybrid Fund - Direct Plan - Growth belong to?+

Parag Parikh Conservative Hybrid Fund - Direct Plan - Growth is categorised as Hybrid Scheme - Conservative Hybrid Fund. Combines equity and debt in one fund. Aims for a smoother ride than pure equity funds.

How risky is Parag Parikh Conservative Hybrid Fund - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 2.8%, Parag Parikh Conservative Hybrid Fund - Direct Plan - Growth sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Parag Parikh Conservative Hybrid Fund - Direct Plan - Growth a direct plan?+

Parag Parikh Conservative Hybrid Fund - Direct Plan - Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Parag Parikh Conservative Hybrid Fund - Direct Plan - Growth?+

Parag Parikh Conservative Hybrid Fund - Direct Plan - Growth has NAV history available from 28 May 2021 — approximately 5 years of track record and 1,279 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.