Aditya Birla Sun Life Conservative Hybrid Fund vs Kotak Conservative Hybrid Fund
Aditya Birla Sun Life Conservative Hybrid Fund and Kotak Conservative Hybrid Fund are both Conservative Hybrid funds. As of 4 Nov 2026 (Direct plan, Growth option): 3-year CAGR +8.68% vs +8.59%, 5-year CAGR +7.87% vs +8.08%, volatility 3.81% vs 5.28%, maximum drawdown −14.23% vs −11.80%. Their portfolios overlap by 14.6% (23 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| Aditya Birla Sun Life Conservative Hybrid | Kotak Conservative Hybrid | |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | Kotak Mahindra Mutual Fund |
| Compared as | Conservative Hybrid | Conservative Hybrid |
| NAV | ₹78.9205 | ₹69.7518 |
| NAV date | 4 Nov 2026 | 4 Nov 2026 |
| Launched (first NAV) | 4 Jan 2013 | 30 Jan 2013 |
| Track record | 13.8 yrs | 13.8 yrs |
| Fund size (AUM) | ₹1,467 Cr | ₹2,733 Cr |
| Securities held | 129 | 117 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Aditya Birla Sun Life Conservative Hybrid | Kotak Conservative Hybrid | |
|---|---|---|
| 1 month | +0.78% | +0.95% |
| 3 months | −1.04% | −0.91% |
| 6 months | +1.62% | +1.69% |
| 1 year | +2.85% | +1.76% |
| 3 years (CAGR) | +8.68% | +8.59% |
| 5 years (CAGR) | +7.87% | +8.08% |
| 7 years (CAGR) | +9.20% | +10.27% |
| 10 years (CAGR) | +8.27% | +9.45% |
| Since launch (CAGR) | +10.03% | +10.18% |
| SIP return (XIRR, 5 years) ⓘ | +7.70% | +7.56% |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| Aditya Birla Sun Life Conservative Hybrid | Kotak Conservative Hybrid | |
|---|---|---|
| 2026 (year to date) | +2.76% | +0.77% |
| 2025 | +8.09% | +6.52% |
| 2024 | +11.48% | +12.80% |
| 2023 | +10.66% | +15.40% |
| 2022 | +6.35% | +5.71% |
| 2021 | +14.29% | +14.79% |
Risk
| Aditya Birla Sun Life Conservative Hybrid | Kotak Conservative Hybrid | |
|---|---|---|
| Volatility (annualised) ⓘ | 3.81% | 5.28% |
| Downside volatility ⓘ | 2.69% | 3.84% |
| Sharpe ratio ⓘ | 0.57 | 0.40 |
| Sortino ratio ⓘ | 0.82 | 0.55 |
| Maximum drawdown ⓘ | −14.23% | −11.80% |
| Recovery from that fall | 7 months | 3 months |
| Current fall from peak | −1.12% | −1.19% |
| Rolling 1-year return: worst | −8.80% | −2.15% |
| Rolling 1-year return: median | +9.77% | +10.77% |
| Rolling 1-year return: best | +33.11% | +30.91% |
| Share of 1-year periods with a loss | 6.36% | 1.36% |
Against each fund's benchmark
| Aditya Birla Sun Life Conservative Hybrid | Kotak Conservative Hybrid | |
|---|---|---|
| Beta ⓘ | — | — |
| Alpha (Jensen's, annualised) ⓘ | — | — |
| R² ⓘ | — | — |
| Upside capture | — | — |
| Downside capture | — | — |
| Tracking error | — | — |
| Information ratio | — | — |
| Treynor ratio | — | — |
Portfolio
Asset mix
| Aditya Birla Sun Life Conservative Hybrid | Kotak Conservative Hybrid | |
|---|---|---|
| Debt | 70.14% | 59.72% |
| Equity | 20.97% | 23.36% |
| Cash & equivalents | 4.17% | 16.08% |
| REITs / InvITs | 4.06% | 0.50% |
| AIF Units | 0.34% | 0.34% |
| Mutual Fund Units | 0.24% | 0.00% |
Market-cap split (share of fund assets)
| Aditya Birla Sun Life Conservative Hybrid | Kotak Conservative Hybrid | |
|---|---|---|
| Large Cap | 14.77% | 14.84% |
| Mid Cap | 2.62% | 6.61% |
| Small Cap | 3.02% | 0.91% |
| Unclassified | 0.58% | 1.00% |
Concentration
| Aditya Birla Sun Life Conservative Hybrid | Kotak Conservative Hybrid | |
|---|---|---|
| Top 10 holdings | 28.13% | 37.01% |
| Effective number of stocks ⓘ | 65.6 | 48.7 |
| Securities held | 129 | 117 |
Portfolio overlap: 14.6%
23 companies are held by both funds; by weight, 14.6% of the two portfolios is the same. That is a low overlap: the two portfolios are largely different.
| Held by both | Aditya Birla Sun Life Conservative Hybrid | Kotak Conservative Hybrid |
|---|---|---|
| JTPM Metal Traders Limited | 3.18% | 3.95% |
| ICICI Bank Limited | 1.86% | 1.45% |
| 8.2% Adani Power Limited | 2.37% | 1.27% |
| HDFC Bank Limited | 1.45% | 1.21% |
| Bharti Airtel Limited | 1.08% | 1.06% |
| Muthoot Finance Ltd. | 3.40% | 0.91% |
| 6.85% National Bank for Agriculture and Rural Development (19/01/2029) | 0.67% | 0.90% |
| State Bank of India | 0.65% | 1.24% |
| Axis Bank Limited | 0.64% | 0.69% |
| Reliance Industries Limited | 0.61% | 0.85% |
| Tech Mahindra Limited | 0.57% | 0.57% |
| Sun Pharmaceutical Industries Limited | 0.62% | 0.37% |
| Fortis Healthcare Limited | 0.59% | 0.34% |
| Corporate Debt Market Development Fund Class A2 | 0.35% | 0.34% |
| Raajmarg Infra Investment Trust | 0.35% | 0.30% |
Top 10 holdings
Aditya Birla Sun Life Conservative Hybrid
- 8.92% Cholamandalam Investment & Finance Co. Ltd. (02/12/2034)3.70%
- Muthoot Finance Ltd.3.40%
- 91 Days Treasury Bill 27-Nov-20263.38%
- 7.79% Tata Capital Housing Finance Ltd. (18/06/2030)3.35%
- JTPM Metal Traders Limited3.17%
- 7.48% National Bank For Agriculture and Rural Development (15/09/2028)2.54%
- 8.2% Adani Power Limited2.37%
- Government Securities2.13%
- 9.75% Nuvama Wealth Finance Ltd. (16/04/2027)2.06%
- 7.30% Bharti Telecom Ltd. (01/12/2027)2.02%
Kotak Conservative Hybrid
- 7.24% Government of India (18/08/2055)7.12%
- Government Securities6.80%
- JTPM Metal Traders Limited3.95%
- Power Finance Corporation Ltd.3.62%
- 7.44% National Bank For Agriculture and Rural Development (17/07/2029)3.62%
- 7.57% LIC Housing Finance Limited (23/11/2029)2.72%
- Siddhivinayak Securitisation Trust2.62%
- Shivshakti Securitisation Trust2.62%
- National Housing Bank2.10%
- 360 One Prime Limited1.84%
Sector exposure
| Aditya Birla Sun Life Conservative Hybrid | Kotak Conservative Hybrid | |
|---|---|---|
| CRISIL AAA | 16.97% | 14.48% |
| Sovereign | 10.13% | 16.37% |
| ICRA AAA | 10.58% | 0.90% |
| CRISIL AA | 7.46% | 5.22% |
| CRISIL AA+ | 6.47% | 2.74% |
| Banks | 5.36% | 5.99% |
| ICRA AA+ | 5.41% | 1.83% |
| CRISIL AAA(SO) | 1.06% | 5.24% |
| SOV | 3.38% | 4.29% |
| FITCH AA(CE) | 0.00% | 3.18% |
| CRISIL A+ | 2.91% | 0.00% |
| CARE AAA | 0.00% | 2.10% |
| CARE AA | 2.06% | 0.00% |
| Automobiles | 0.78% | 1.94% |
Questions people ask
What is the difference between Aditya Birla Sun Life Conservative Hybrid and Kotak Conservative Hybrid returns?
As of 4 Nov 2026, Direct plan Growth option: 1-year return +2.85% vs +1.76%; 3-year CAGR +8.68% vs +8.59%; 5-year CAGR +7.87% vs +8.08%; 10-year CAGR +8.27% vs +9.45%. Past returns do not indicate future returns.
How do Aditya Birla Sun Life Conservative Hybrid and Kotak Conservative Hybrid compare on risk?
Volatility (36 monthly returns, annualised) 3.81% vs 5.28%; Sharpe ratio 0.57 vs 0.40; Sortino ratio 0.82 vs 0.55; maximum drawdown −14.23% vs −11.80%; beta — vs —.
How much do Aditya Birla Sun Life Conservative Hybrid and Kotak Conservative Hybrid overlap?
By weight, 14.6% of the two portfolios is invested in the same companies; 23 stocks are held by both, the largest shared positions being JTPM Metal Traders Limited, ICICI Bank Limited, 8.2% Adani Power Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of Aditya Birla Sun Life Conservative Hybrid and Kotak Conservative Hybrid?
Aditya Birla Sun Life Conservative Hybrid: large cap 14.8%, mid cap 2.6%, small cap 3.0%. Kotak Conservative Hybrid: large cap 14.8%, mid cap 6.6%, small cap 0.9% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 4 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.