Parag Parikh Conservative Hybrid Fund Direct Growth

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

1. Parag Parikh Conservative Hybrid Fund Direct Growth has ₹2073 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
2. The fund has an expense ratio 0.3.
   

Parag Parikh Conservative Hybrid Fund Direct Growth has given a CAGR return of 11.41% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 18.60% and 11.95% respectively.

Parag Parikh Conservative Hybrid Fund Direct Growth has allocated its funds majorly in Government, Energy, Utilities, Consumer Cyclical, Corporate, Consumer Defensive, Securitize, Basic Materials, Financial Services, Cash Equivalent.

As it is a conservative allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

To generate regular income through investments predominantly in debt and money market instruments. The Scheme also seeks to generate long term capital appreciation from the portion of equity investments under the scheme. However, there is no assurance or guarantee that the investment objective of the Scheme will be realized.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Parag Parikh Conservative Hybrid Fund Direct Growth has no lock in period.