MF Gyan
hybridLow risk5 years oldSteady vs its 3-year pace

Parag Parikh Conservative Hybrid Fund - Direct Plan - Monthly IDCW Payout

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
₹10.94
▲ 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
₹99.6k
▼ ₹375 loss · -0.4% / year
Invested 3 years ago
₹1.04 L
▲ ₹4.5k gain · 1.5% / year
Invested 5 years ago
₹1.09 L
▲ ₹8.6k gain · 1.7% / 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₹1.81 L
Gain / loss+₹1.2k
XIRR (annualised)0.46%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.81 L
Projected gain*+₹1.3k
*at this fund's historical rate of 0.46% 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
-0.38%median 4.69% (-5.06%)
Rank #38 of 57Beats 26% of peers
3-year return
1.47%median 5.36% (-3.90%)
Rank #31 of 57Beats 32% of peers
5-year return
1.66%median 5.56% (-3.90%)
Rank #30 of 57Beats 28% of peers
Bumpiness (3Y)
4.13%median 4.62% (-0.50%)
Rank #22 of 57Less risky than 60% of peers
Worst-ever drop
-5.04%median -11.38% (+6.34%)
Rank #49 of 57Less risky than 14% 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. 5 of last 6 years were positive.

+0%
2021
+0%
2022
+3%
2023
+3%
2024
+3%
2025
-1%
2026
Best year
2023 · 3.39%
Worst year
2026 · -1.26%

Price over time

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

Bumpiness & worst drops

Day-to-day bumpiness
4.1%

The value swings roughly 4% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-5.04%

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 - Monthly IDCW Payout against other hybrid funds.

Technical details (for the pros)
CAGR — 1 year-0.38%
CAGR — 3 years1.47%
CAGR — 5 years1.66%
CAGR — since launch1.71%
Volatility — 1 year (annualised)3.32%
Volatility — 3 years (annualised)4.13%
Max drawdown — 1 year-3.30%
Max drawdown — 3 years-5.04%
Sharpe ratio — 1 year (rf=6%)-1.93
Sharpe ratio — 3 years (rf=6%)-1.09

Fund info

Fund house
PPFAS Mutual Fund
Category
Hybrid Scheme - Conservative Hybrid Fund
Plan
Direct
Option
IDCW
ISIN (Growth)
INF879O01167
ISIN (Div re-invest)
INF879O01159
Fund code
148961
First price on record
28 May 2021 · 1,279 daily prices

About Parag Parikh Conservative Hybrid Fund - Direct Plan - Monthly IDCW Payout

Parag Parikh Conservative Hybrid Fund - Direct Plan - Monthly IDCW Payout is a Hybrid Scheme - Conservative Hybrid Fund offered by PPFAS Mutual Fund under the Direct plan with the IDCW 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 - Monthly IDCW Payout is ₹10.9400 (as of 4 Sep 2026). Historically, it has delivered -0.38% over the last year, 1.47% CAGR over 3 years, 1.66% 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 4.1% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 5.0%. 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 - Monthly IDCW Payout?+

The latest NAV of Parag Parikh Conservative Hybrid Fund - Direct Plan - Monthly IDCW Payout is ₹10.9400 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 - Monthly IDCW Payout?+

Parag Parikh Conservative Hybrid Fund - Direct Plan - Monthly IDCW Payout has delivered 1-year return -0.38%, 3-year CAGR 1.47%, 5-year CAGR 1.66%, since-inception CAGR 1.71%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Parag Parikh Conservative Hybrid Fund - Direct Plan - Monthly IDCW Payout belong to?+

Parag Parikh Conservative Hybrid Fund - Direct Plan - Monthly IDCW Payout 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 - Monthly IDCW Payout?+

Based on its 3-year annualised volatility of 4.1%, Parag Parikh Conservative Hybrid Fund - Direct Plan - Monthly IDCW Payout 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 - Monthly IDCW Payout a direct plan?+

Parag Parikh Conservative Hybrid Fund - Direct Plan - Monthly IDCW Payout is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).

How old is Parag Parikh Conservative Hybrid Fund - Direct Plan - Monthly IDCW Payout?+

Parag Parikh Conservative Hybrid Fund - Direct Plan - Monthly IDCW Payout 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.