HDFC Conservative Hybrid Fund

Direct Plan · Growth Option · Conservative Hybrid · Scheme code 119118

NAV₹88.8598as on 25 Sep 2026

Fund houseHDFC Mutual Fund

CategoryConservative Hybrid

Plan & optionDirect · Growth Option

History13.7 years

Returns (%)

	1M	3M	6M	1Y	3Y	5Y	7Y	10Y	Launch
This scheme	-1.02	-0.08	1.60	1.73	7.15	7.74	9.38	8.32	9.26
Conservative Hybrid category median	—	—	—	3.55	8.29	7.59	—	7.94	—

Over a year annualised (CAGR), under a year absolute. Computed from AMFI's published NAV history for this scheme.

Risk

	Volatility	Sharpe	Sortino	Beta	Alpha	Max fall	R²
This scheme	5.1%	0.13	0.18	—	—	-12.1%	—

Risk-free rate 6.5%. Beta, alpha and R² are regressed on the — months this scheme and its benchmark share.

Growth of ₹100 since launch

Drawdown from peak (%)

Every one-year period it has lived through

Windows	Worst	Median	Best	Periods that lost money
614	-6.2%	9.1%	29.8%	6%

Every one-year holding period in this scheme's history, not just the last one — the spread a real investor would have met depending only on when they started.

HDFC Conservative Hybrid Fund

Direct Plan · Growth Option

Allocation

By asset

Debt	77.25%
Equity	19.24%
Cash & Equivalents	2.40%
REITs / InvITs	0.79%
AIF Units	0.32%

By market cap

Large Cap	33.37%
Mid Cap	4.80%
Small Cap	1.69%
Unclassified	155.12%

Concentration

Number of stocks	109
Top 5 stocks	15.13%
Top 10 stocks	26.84%
Top 20 stocks	42.57%
Lines in the filing	111

Largest holding	3.45%
Largest sector	Sovereign 32.41%
Effective stocks	69.6
Sectors held	29
Cash	2.40%

Effective stocks is what the concentration works out to: a fund holding 109 names but most of its money in a few behaves like a fund of 70. Cash includes repo and TREPS, which every fund parks money in overnight.

Sector split

Sovereign	32.41%
CRISIL - AAA	28.84%
Banks	7.72%
CRISIL - AA+	6.99%
CARE - AAA	3.90%
Cash & Equivalents	2.40%
IT - Software	1.70%
ICRA - AA+	1.59%
ICRA - AA	1.56%
Pharmaceuticals & Biotechnology	1.53%
Petroleum Products	1.48%
Power	1.39%
CRISIL - AAA(SO)	1.08%
Telecom - Services	0.92%
Construction	0.88%
CARE - AA+	0.81%
Automobiles	0.73%
Realty	0.68%
Oil	0.43%
Insurance	0.41%

HDFC Conservative Hybrid Fund

Direct Plan · Growth Option · holdings

Top 30 holdings

#	Company	Sector	Shares held	Value ₹ cr	% of fund
1	7.34% GOI MAT 220464	Sovereign	11,500,000	111	3.45%
2	7.23% GOI MAT 150439	Sovereign	10,000,000	101	3.17%
3	7.24% GOI MAT 180855	Sovereign	10,000,000	96	3.01%
4	7.09% GOI MAT 050854	Sovereign	10,000,000	94	2.95%
5	Indian Railways Finance Corp. Ltd.	CRISIL - AAA	800	82	2.55%
6	6.9% GOI MAT 150465	Sovereign	8,500,000	77	2.41%
7	Floating Rate GOI 2034	Sovereign	7,500,000	77	2.41%
8	Torrent Power Ltd.	CRISIL - AA+	7,500	75	2.35%
9	7.3% GOI MAT 190653	Sovereign	7,500,000	73	2.27%
10	ICICI Bank Ltd.	Banks	500,000	73	2.27%
11	Net Current Assets	Unclassified	—	61	1.93%
12	Altius Telecom Infrastructure Trust	CRISIL - AAA	5,500	54	1.69%
13	National Highways Authority of India	CRISIL - AAA	500	51	1.59%
14	Pipeline Infrastructure Pvt. Ltd.	CRISIL - AAA	5,000	50	1.57%
15	6.68% GOI MAT 170931	Sovereign	5,000,000	50	1.57%
16	Bajaj Housing Finance Ltd.	CRISIL - AAA	5,000	50	1.56%
17	360 One Prime Limited	ICRA - AA	5,000	50	1.56%
18	Power Finance Corporation Ltd.	CRISIL - AAA	500	50	1.55%
19	HDFC Bank Ltd.	Banks	700,000	50	1.55%
20	Muthoot Finance Ltd.	CRISIL - AA+	5,000	50	1.55%
21	Housing and Urban Development Corporation Ltd.	CARE - AAA	5,000	49	1.54%
22	Muthoot Finance Ltd.	CRISIL - AA+	5,000	49	1.53%
23	Indian Railways Finance Corp. Ltd.	CRISIL - AAA	500	49	1.52%
24	REC Limited.	CRISIL - AAA	500	49	1.52%
25	State Bank of India	Banks	450,000	48	1.49%
26	Axis Bank Ltd.	Banks	326,427	42	1.33%
27	7.09% GOI MAT 251174	Sovereign	4,000,000	37	1.16%
28	7.1% GOI MAT 080434	Sovereign	3,500,000	35	1.11%
29	Indian Railways Finance Corp. Ltd.	CRISIL - AAA	350	35	1.09%
30	Siddhivinayak Securitisation Trust (Originator - Sikka Ports & Terminals Limited)	CRISIL - AAA(SO)	35	35	1.08%

HDFC Conservative Hybrid Fund

Direct Plan · Growth Option · where the money sits

What the manager did last month

Between the filings of 30 Jun 2026 and 31 Jul 2026. A position grows because the manager bought or because the price rose; only the share count separates them.

Bought	Sold	New positions	Sold out of	Price move of holdings
₹0 cr	₹2 cr	0	0	+1.93%

Stock	Shares traded	Shares	Price	Value ₹ cr
Trimmed
Bajaj Auto Limited	2,000	-20.0%	+18.6%	2.3

Not equity	Previous filing	This filing	Change
Cash, repo and TREPS	₹0 cr	₹0 cr	+₹0 cr
Debt: bills, CDs and commercial paper	₹2,557 cr	₹2,509 cr	−₹48 cr

The list above is stocks and fund units. Treasury bills, repo and money-market lines roll over every month by design — they are not decisions, so they are totalled here rather than listed as activity.

A ₹10,000 monthly SIP over five years

Invested	Value	Gain	XIRR
₹600,000	₹715,651	₹115,651	6.99%

XIRR, not CAGR — a SIP's money arrives over sixty months, so each instalment has been invested for a different length of time.

Not investment advice. InvestVerdict is not a SEBI-registered Investment Adviser or Research Analyst. Every figure is computed from AMFI's published NAV history and the portfolio the AMC filed with AMFI; none of it is a recommendation to buy, hold or sell. Past returns do not predict future ones. Generated 27 Sep 2026.