Parag Parikh Conservative Hybrid Fund
Other options
The page shows the Growth option. The Regular plan’s other options have their own codes.
| Option | AMFI code | ISIN |
|---|---|---|
| Growth (this page) | 148959 | INF879O01209 |
| IDCW | 148960 | INF879O01183, INF879O01191 |
Conservative Hybrid FundPPFAS Mutual Fund
Open-ended. Launched on 26 May 2021.
- NAV
- Data delayed
- AssetsAssets The market value of everything the scheme holds, less what it owes, as the fund house discloses it at each month-end.
- ₹3,454 cr
- 30 Sep 2026
- SIP fromSIP Systematic investment plan: a fixed sum put into the scheme at regular intervals, usually every month.
- ₹1,000
- a month
- BenchmarkBenchmark The market index the fund house names in the SID as the measure the scheme is compared against.
- CRISIL Hybrid 85+15 Conservative Index
- as the SID names it
- Riskometer
- Moderately High
- read by Felix on 28 Oct 2026
The SID and KIM are the final reference for every fact on this page.
The fund house also offers a Direct plan of this scheme, whose expenses are lower to the extent of the distribution commission.
Assets: the fund house’s month-end disclosure of 30 Sep 2026. Minimums: fund house documents, as read by Felix on 28 Oct 2026. Benchmark: the SID.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
What it is
SEBI’s rule for a Conservative Hybrid Fund: 10% to 25% in shares and 75% to 90% in debt. Source: SEBI
What the SID allows it to holdSID Scheme information document: the scheme’s offer document, which sets out its objective, asset allocation, risks and expenses.
Source: the SID’s asset allocation, from fund house disclosures.
Riskometer
The risk of the scheme is Moderately High
As read by Felix on 28 Oct 2026. Fund houses review this level every month, and the fund house’s latest disclosure prevails: Riskometer disclosures, PPFAS Mutual Fund
- Low
- Low to Moderate
- Moderate
- Moderately High
- High
- Very High
Benchmark: CRISIL Hybrid 85+15 Conservative Index. Its riskometer is published monthly by the fund house: Riskometer disclosures, PPFAS Mutual Fund
Source: fund houses’ disclosures.
Who runs it
Mansi Kariyasince 22 Dec 2023
Fund manager, debt
Also manages Parag Parikh Dynamic Asset Allocation Fund, Parag Parikh Flexi Cap Fund, Parag Parikh Liquid Fund
Raj Mehtasince 7 May 2021
Fund manager, equity
Also manages Parag Parikh Arbitrage Fund, Parag Parikh Dynamic Asset Allocation Fund, Parag Parikh ELSS Tax Saver Fund, Parag Parikh Flexi Cap Fund, Parag Parikh Large Cap Fund
Rajeev Thakkarsince 7 May 2021
Fund manager, equity
Also manages Parag Parikh Arbitrage Fund, Parag Parikh Dynamic Asset Allocation Fund, Parag Parikh ELSS Tax Saver Fund, Parag Parikh Flexi Cap Fund, Parag Parikh Large Cap Fund
Raunak Onkarsince 7 May 2021
Fund manager, equity
Also manages Parag Parikh Arbitrage Fund, Parag Parikh Dynamic Asset Allocation Fund, Parag Parikh ELSS Tax Saver Fund, Parag Parikh Flexi Cap Fund, Parag Parikh Large Cap Fund
Rukun Tarachandanisince 16 May 2022
Fund manager, equity
Also manages Parag Parikh Arbitrage Fund, Parag Parikh Dynamic Asset Allocation Fund, Parag Parikh ELSS Tax Saver Fund, Parag Parikh Flexi Cap Fund, Parag Parikh Large Cap Fund
Tejas Somansince 1 Sep 2025
Fund manager, debt
Also manages Parag Parikh Arbitrage Fund, Parag Parikh Dynamic Asset Allocation Fund, Parag Parikh ELSS Tax Saver Fund, Parag Parikh Flexi Cap Fund, Parag Parikh Large Cap Fund, Parag Parikh Liquid Fund
Bars on one scale, from the scheme’s launch. Other schemes A to Z. Source: fund house disclosures, as of 28 Oct 2026.
Codes and identity
from the SID and AMFI- Fund house
- PPFAS Mutual Fund
- SEBI category
- Conservative Hybrid Fund
- Plan and option
- Regular plan – Growth
- Structure
- Open-ended
- Launched
- 26 May 2021
- AMFI code, Growth
- 148959
- ISIN, Growth
- INF879O01209
- IDCW INF879O01183, INF879O01191
- Registrar
- CAMS
- Fund house website
- amc.ppfas.com ↗
ISINs of the IDCW options
PPFAS Mutual Fund
PPFAS Mutual Fund runs 7 schemes in their Regular plan: 3 equity, 1 debt, 3 hybrid.
7 fund managers, in their current schemes for 3 years 5 months on average.
1 scheme launched in the last 12 months.
- All 7 schemes
- amc.ppfas.com
- Registrar: CAMS
Source: fund houses’ disclosures, as of 28 Oct 2026.
Buying and selling
- SIP from
- ₹1,000, as the KIM states it
- Entry load
- Nil, since 1 Aug 2009
- Stamp duty
- 0.005% of the amount invested, since 1 Jul 2020
- Applicable NAV
- That business day’s, when the application and the money reach the fund house by the 3 pm cut-off; after it, the next business day’s
- Redemption money
- Within 3 working days of the redemption request
Sources: the scheme’s KIM for the minimums; SEBI for the entry load, cut-off and redemption timeline; Ministry of Finance for stamp duty.
The category: Conservative Hybrid Fund
All 18 schemesSchemes 9 to 18 of 18, A to Z; this scheme is marked.Schemes 13 to 17 of 18, A to Z; this scheme is marked.
| Scheme | Benchmark | Assets, ₹ cr (30 Sep 2026) | SIP from, ₹ | Launched |
|---|---|---|---|---|
| HDFC Conservative Hybrid Fund | NIFTY 50 Hybrid Composite Debt 15:85 Conservative Index | 3,108 | 100 | 2003 |
| HSBC Conservative Hybrid Fund | NIFTY 50 Hybrid Composite Debt 15:85 Conservative Index | 152 | 1,000 | 2004 |
| ICICI Prudential Conservative Hybrid Fund | NIFTY 50 Hybrid Composite Debt 15:85 Conservative Index | 3,270 | 100 | 2004 |
| Kotak Conservative Hybrid Fund | CRISIL Hybrid 85+15 Conservative Index | 2,733 | 100 | 2003 |
| LIC MF Conservative Hybrid Fund | CRISIL Hybrid 85+15 Conservative Index | 46 | 200 | 1998 |
| Nippon India Conservative Hybrid Fund | CRISIL Hybrid 85+15 Conservative Index | 977 | 100 | 2003 |
| Parag Parikh Conservative Hybrid Fund | CRISIL Hybrid 85+15 Conservative Index | 3,454 | 1,000 | 2021 |
| SBI Conservative Hybrid Fund | NIFTY 50 Hybrid Composite Debt 15:85 Conservative Index | 10,107 | 500 | 2001 |
| Sundaram Conservative Hybrid Fund | CRISIL Hybrid 85+15 Conservative Index | 18 | 250 | 2010 |
| UTI Conservative Hybrid Fund | NIFTY 50 Hybrid Composite Debt 15:85 Conservative Index | 1,602 | 500 | 2003 |
| Scheme | Benchmark | Assets, ₹ cr (30 Sep 2026) | SIP from, ₹ | Launched |
|---|---|---|---|---|
| LIC MF Conservative Hybrid Fund | CRISIL Hybrid 85+15 Conservative Index | 46 | 200 | 1998 |
| Nippon India Conservative Hybrid Fund | CRISIL Hybrid 85+15 Conservative Index | 977 | 100 | 2003 |
| Parag Parikh Conservative Hybrid Fund | CRISIL Hybrid 85+15 Conservative Index | 3,454 | 1,000 | 2021 |
| SBI Conservative Hybrid Fund | NIFTY 50 Hybrid Composite Debt 15:85 Conservative Index | 10,107 | 500 | 2001 |
| Sundaram Conservative Hybrid Fund | CRISIL Hybrid 85+15 Conservative Index | 18 | 250 | 2010 |
Show all 18 schemes
| Scheme | Benchmark | Assets, ₹ cr (30 Sep 2026) | SIP from, ₹ | Launched |
|---|---|---|---|---|
| Aditya Birla Sun Life Conservative Hybrid Fund | CRISIL Hybrid 85+15 Conservative Index | 1,467 | 100 | 2004 |
| Axis Conservative Hybrid Fund | NIFTY 50 Hybrid Composite Debt 15:85 Conservative Index | 217 | 100 | 2010 |
| Bandhan Conservative Hybrid Fund | CRISIL Hybrid 85+15 Conservative Index | 86 | 100 | 2010 |
| Bank of India Conservative Hybrid Fund | CRISIL Hybrid 85+15 Conservative Index | 66 | 1,000 | 2009 |
| Baroda BNP Paribas Conservative Hybrid Fund | CRISIL Hybrid 85+15 Conservative Index | 949 | 250 | 2004 |
| Canara Robeco Conservative Hybrid Fund | CRISIL Hybrid 85+15 Conservative Index | 811 | 1,000 | 2002 |
| DSP Conservative Hybrid Fund | CRISIL Hybrid 85+15 Conservative Index | 175 | 100 | 2004 |
| Franklin India Conservative Hybrid Fund | CRISIL Hybrid 85+15 Conservative Index | 208 | 500 | 2000 |
| HDFC Conservative Hybrid Fund | NIFTY 50 Hybrid Composite Debt 15:85 Conservative Index | 3,108 | 100 | 2003 |
| HSBC Conservative Hybrid Fund | NIFTY 50 Hybrid Composite Debt 15:85 Conservative Index | 152 | 1,000 | 2004 |
| ICICI Prudential Conservative Hybrid Fund | NIFTY 50 Hybrid Composite Debt 15:85 Conservative Index | 3,270 | 100 | 2004 |
| Kotak Conservative Hybrid Fund | CRISIL Hybrid 85+15 Conservative Index | 2,733 | 100 | 2003 |
| LIC MF Conservative Hybrid Fund | CRISIL Hybrid 85+15 Conservative Index | 46 | 200 | 1998 |
| Nippon India Conservative Hybrid Fund | CRISIL Hybrid 85+15 Conservative Index | 977 | 100 | 2003 |
| Parag Parikh Conservative Hybrid Fund | CRISIL Hybrid 85+15 Conservative Index | 3,454 | 1,000 | 2021 |
| SBI Conservative Hybrid Fund | NIFTY 50 Hybrid Composite Debt 15:85 Conservative Index | 10,107 | 500 | 2001 |
| Sundaram Conservative Hybrid Fund | CRISIL Hybrid 85+15 Conservative Index | 18 | 250 | 2010 |
| UTI Conservative Hybrid Fund | NIFTY 50 Hybrid Composite Debt 15:85 Conservative Index | 1,602 | 500 | 2003 |
Regular plan – Growth for every scheme. Source: fund houses’ disclosures; assets at month-end 30 Sep 2026; SIP minimums as read by Felix on 28 Oct 2026; benchmarks as each SID names them.
What changed
- 1 Sep 2025Tejas Soman became a fund manager
- 22 Dec 2023Mansi Kariya became a fund manager
- 16 May 2022Rukun Tarachandani became a fund manager
- 28 May 2021Re-opened for everyday purchases
- 26 May 2021Launched
- 21 May 2021NFO closed
- 7 May 2021NFO opened
Source: fund house disclosures and SEBI.
Documents
KIM Key information memorandum: the short summary of the SID that comes with every application form.PPFAS Mutual Fund publishes the scheme’s documents on its website:
- Scheme information document (SID)
- Key information memorandum (KIM)
- Monthly factsheet
- Monthly portfolio disclosure
Felix links to the fund house’s own copies and never copies them.
Questions about this fund
Who manages it, and since when?
Raj Mehta, since 7 May 2021 (Fund manager, equity); Rajeev Thakkar, since 7 May 2021 (Fund manager, equity); Raunak Onkar, since 7 May 2021 (Fund manager, equity); Rukun Tarachandani, since 16 May 2022 (Fund manager, equity); Mansi Kariya, since 22 Dec 2023 (Fund manager, debt); Tejas Soman, since 1 Sep 2025 (Fund manager, debt). Source: PPFAS Mutual Fund’s disclosures.
What is the minimum SIP?
₹1,000 a month, as of 28 Oct 2026, from the fund house’s documents.
What is its benchmark?
CRISIL Hybrid 85+15 Conservative Index, as the SID names it. Felix shows the benchmark by name only.
When was it launched, and what was it called before?
It was launched on 26 May 2021.
How do I invest in it?
Read the SID and KIM on PPFAS Mutual Fund’s website first. A mutual fund distributor can place your application in this scheme’s Regular plan. Investments made through a mutual fund distributor are in the Regular plan, which includes distributor commission.
What does “Regular plan – Growth” mean?
The Regular plan is the one bought through a distributor; its expenses include the distributor’s commission. In the Growth option, gains stay in the NAV and nothing is paid out.
Where are its documents?
On PPFAS Mutual Fund’s website: the scheme information document (SID), the key information memorandum (KIM) and the monthly factsheet.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Data on this page
| Block | Source | For |
|---|---|---|
| Assets | Fund houses’ disclosures, at month-end | 30 Sep 2026 |
| Minimums | Fund house documents, as read by Felix | 28 Oct 2026 |
| Riskometer | Fund houses’ disclosures, as read by Felix | 28 Oct 2026 |
| Asset allocation | The SID, from fund house disclosures | 28 Oct 2026 |
| Fund managers | Fund house disclosures | 28 Oct 2026 |
Something wrong or out of date? Report an error
When you are ready, invest with a person.
The SID and KIM are the final reference for every fact on this page.