Parag Parikh Conservative Hybrid Fund Direct Growth
Parag Parikh Conservative Hybrid Fund Direct Growth

Parag Parikh Conservative Hybrid Fund Direct Growth

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Hybrid
Direct
Conservative Allocation

NAV: ₹ 11.4 as on 31-03-2023

Fund Performance
zero opening, trading, fund transfer fee
528 people have invested ₹ 1.4Cr in mutual fund in the last three months

Fund Insights

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In the last 1 year, Nippon India Hybrid Bond Fund Direct Plan Growth Plan has given 6.84% return, outperforming Parag Parikh Conservative Hybrid Fund Direct Growth by 0.29%

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Parag Parikh Conservative Hybrid Fund Direct Growth has one of the lowest expense ratio in the category (conservative allocation). Its expense ratio is 0.35% which is lower than the category average expense ratio of 1.18%

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Over the last 6 months, Parag Parikh Conservative Hybrid Fund Direct Growth has experienced a 20.8% growth in AUM moving from 1.02K Cr to 1.24K Cr

Parag Parikh Conservative Hybrid Fund Direct Growth Performance as on (31-Mar-23)

Return
1M
3M
6M
1Y
Parag Parikh Conservative Hybrid Fund Direct Growth
1.4%
1.5%
4.4%
6.6%
Conservative Allocation Index
0.6%
0.1%
1.9%
2.8%

About the Fund

Parag Parikh Conservative Hybrid Fund Direct Growth is a hybrid fund. This fund was started on 26 May, 2021. The fund is managed by Raj Mehta, Rajeev Thakkar, Raunak Onkar, Rukun Tarachandani. This fund gives you the benefit of diversification.

Key parameters

1) Parag Parikh Conservative Hybrid Fund Direct Growth has a NAV of 11.4187 as on 31-03-2023.

2) Parag Parikh Conservative Hybrid Fund Direct Growth has 1242 Cr worth of assets under management (AUM) as on 28-02-2023 and is more than category average.

3) The fund has an expense ratio 0.35 %.

Parag Parikh Conservative Hybrid Fund Direct Growth Overview

Expense ratio
Expense ratio
0.35%
Benchmark
Benchmark
CRISIL Hybrid 85+15 - ConservativeTR INR
AUM
AUM
₹1242 Cr
Inception Date
Inception Date
26 May, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
2.95%

Fund Distribution as on (28-Feb-23)

  • Equity 12.7%

  • Debt & Cash 87.3%

Sector Allocation

Feb'23

Jan'23

Dec'22

Energy

29.7%

Financial Services

25.7%

Consumer Defensive

15.2%

Utilities

15%

Consumer Cyclical

14.5%

Top Holdings of Parag Parikh Conservative Hybrid Fund Direct Growth as on (31-Mar-23)

  • Equity

  • Debt & Cash

Equity Holdings8
Debt Holdings3

Parag Parikh Conservative Hybrid Fund Direct Growth: Monthly Changes Updates

All changes are between Dec'22 and Feb'23

Fund Performance

Feb'23
Jan'23
Dec'22
Fund Returns
-0.67%
0.72%
0.09%
Conservative Allocation Index
-0.26%
-0.30%
-0.56%
  • This fund’s returns stands at -0.67% whereas the fund’s underlying benchmark Conservative Allocation Index returns stands at -0.26% as on Feb'23
  • This fund underperformed Conservative Allocation Index by 0.42% in Feb'23

AUM Change

Parameters
Feb'23
Jan'23
Dec'22
AUM
₹ 1.2K Cr
₹ 1.2K Cr
₹ 1.2K Cr
  • AUM of the fund stands at 1.2K Cr as of Feb'23
  • AUM increased by 15 Cr between Feb'23 and Jan'23

Fund Portfolio Changes

Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 0.42% to 0.67%
ICICI Bank Ltd's allocation increased from 0.42% to 0.67%
ITC Ltd's allocation increased from 1.72% to 1.95%
ITC Ltd's allocation increased from 1.72% to 1.95%
Bajaj Auto Ltd's allocation increased from 1.86% to 1.95%
Bajaj Auto Ltd's allocation increased from 1.86% to 1.95%
Top Stocks sold last month
Indian Railway Finance Corp Ltd Ordinary Shares's allocation decreased from 2.84 % to 2.42 %
Indian Railway Finance Corp Ltd Ordinary Shares's allocation decreased from 2.84 % to 2.42 %
National Bank For Agriculture And Rural Development's allocation decreased from 2.04 % to 1.99 %
National Bank For Agriculture And Rural Development's allocation decreased from 2.04 % to 1.99 %
Oil And Natural Gas Corporation Limited's allocation decreased from 2.03 % to 1.98 %
Oil And Natural Gas Corporation Limited's allocation decreased from 2.03 % to 1.98 %

Top 3 Sectors in February were Government, Energy & Financial Services

Feb'23
Government
72%
Energy
30%
Financial Services
26%
Jan'23
Government
73%
Energy
29%
Financial Services
29%

Parag Parikh Conservative Hybrid Fund Direct Growth Fund Manager

Raj Mehta

Raj Mehta

Fund Manager of Parag Parikh Conservative Hybrid Fund Direct Growth, since 26 May 2021
Rajeev Thakkar

Rajeev Thakkar

Fund Manager of Parag Parikh Conservative Hybrid Fund Direct Growth, since 26 May 2021
Raunak Onkar

Raunak Onkar

Fund Manager of Parag Parikh Conservative Hybrid Fund Direct Growth, since 26 May 2021
Rukun Tarachandani

Rukun Tarachandani

Fund Manager of Parag Parikh Conservative Hybrid Fund Direct Growth, since 16 May 2022

Fund Highlights

Risk meter
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Moderately High risk

Investors understand that their principal will be at Moderately High risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.45% since inception which is more than its category average return of 6.79%
Fund Allocations

Fund Allocations

This fund has an allocation of 12.72% in Equity, 70.94% in Debt and 16.34% in Cash related instruments
AUM size ₹1242 Cr

AUM size ₹1242 Cr

This fund has AUM of ₹1242 Cr which is more than its category average of ₹ 631 Cr
Expense Ratio 0.35%

Expense Ratio 0.35%

This fund has an expense ratio of 0.35% which is less than its category average expense ratio of 1.28%

Frequently Asked Questions

The current NAV of Parag Parikh Conservative Hybrid Fund Direct Growth is 11.32 as on 28-Mar-2023.
Existing (Absolute + CAGR)
Parag Parikh Conservative Hybrid Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.51%
0.51%
6 Month Returns
3.8%
3.8%
1 Year Returns
5.48%
5.48%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.35 as on March 2023
1242 Cr as on March 2023
Indian Railway Finance Corp Ltd Ordinary Shares(2.19%),Petronet LNG Ltd(1.98%),ITC Ltd(1.92%),Power Grid Corp Of India Ltd(1.89%),Bajaj Auto Ltd(1.83%) as on March 2023
Government(62.91%),Corporate(12.09%),Securitize(7.09%) as on March 2023
AAA
100
Rajeev Thakkar,Raunak Onkar,Raj Mehta,Rukun Tarachandani are the fund managers of Parag Parikh Conservative Hybrid Fund Direct Growth
The Exit load of Parag Parikh Conservative Hybrid Fund Direct Growth is 1%