Parag Parikh Conservative Hybrid Fund Direct Growth
Hybrid
Direct
Conservative Allocation
NAV: ₹ 11.4 as on 31-03-2023
Fund Performance
528 people have invested ₹ 1.4Cr in mutual fund in the last three months
Fund Insights
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%
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%
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)
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
 | 0.35% |
 Benchmark | CRISIL Hybrid 85+15 - ConservativeTR INR |
 | ₹1242 Cr |
 | 26 May, 2021 |
 | ₹5000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 2.95% |
Fund Distribution as on (28-Feb-23)
Sector Allocation
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 Holdings8
Debt Holdings3
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 Indian Railway Finance Corp Ltd Ordinary Shares | 2.17% | 0% | |
 Petronet LNG Ltd | 2.08% | 0% | |
 Power Grid Corp Of India Ltd | 1.92% | 0% | |
 ITC Ltd | 1.91% | 0% | |
 Bajaj Auto Ltd | 1.85% | 0% |
See all
Parag Parikh Conservative Hybrid Fund Direct Growth: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- 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
- 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%
ITC Ltd's allocation increased from 1.72% 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 %
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 %
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%
Peer Analysis
Parag Parikh Conservative Hybrid Fund Direct Growth Fund Manager
Raj Mehta
Fund Manager of Parag Parikh Conservative Hybrid Fund Direct Growth, since 26 May 2021
Top funds managed
Rajeev Thakkar
Fund Manager of Parag Parikh Conservative Hybrid Fund Direct Growth, since 26 May 2021
Top funds managed
Raunak Onkar
Fund Manager of Parag Parikh Conservative Hybrid Fund Direct Growth, since 26 May 2021
Top funds managed
Rukun Tarachandani
Fund Manager of Parag Parikh Conservative Hybrid Fund Direct Growth, since 16 May 2022
Top funds managed
Fund Highlights
Moderately High risk
Investors understand that their principal will be at Moderately High risk
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
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
This fund has AUM of ₹1242 Cr which is more than its category average of ₹ 631 Cr
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.
- Click Buy on the fund name.
- 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%