DSP Conservative Hybrid Fund vs Parag Parikh Conservative Hybrid Fund
DSP Conservative Hybrid Fund (Direct) and Parag Parikh Conservative Hybrid Fund (Direct) head to head: growth of ₹100, returns across every window, risk, cost, and portfolio overlap — every figure computed from AMFI NAV history, nothing supplied by a fund house. Both are Conservative Hybrid Fund schemes — see the best conservative hybrid mutual funds for the full ranking.
Head to head
NAVs as of 21 Sep 2026
Growth of ₹100 (rebased over the selected window)
Common period 28 May 2021 – 21 Sep 2026, limited by Parag Parikh Conservative Hybrid Fund. Every series is rebased to ₹100 at the start of this window.
View as table
| Date | DSP Conservative Hybrid Fund | Parag Parikh Conservative Hybrid Fund |
|---|---|---|
| 28 May 2021 | ₹100.00 | ₹100.00 |
| 06 Nov 2021 | ₹104.09 | ₹103.98 |
| 17 Apr 2022 | ₹105.78 | ₹106.79 |
| 26 Sep 2022 | ₹105.42 | ₹108.86 |
| 06 Mar 2023 | ₹109.13 | ₹113.10 |
| 15 Aug 2023 | ₹115.94 | ₹119.51 |
| 24 Jan 2024 | ₹122.85 | ₹130.21 |
| 04 Jul 2024 | ₹131.41 | ₹139.34 |
| 13 Dec 2024 | ₹137.52 | ₹145.28 |
| 24 May 2025 | ₹143.21 | ₹152.30 |
| 01 Nov 2025 | ₹145.73 | ₹155.55 |
| 12 Apr 2026 | ₹146.28 | ₹157.90 |
| 21 Sep 2026 | ₹150.05 | ₹161.02 |
Portfolio overlap (same stocks held through more than one fund)
Some overlap is structural: SEBI defines large cap as the top 100 stocks by market capitalisation, so two large-cap funds are fishing the same pond by regulation. The bands below are measured per sleeve pairing rather than against one blanket threshold. How this is measured →
DSP Conservative Hybrid Fund and Parag Parikh Conservative Hybrid Fund share 9% of their equity book by weight.
Shared holdings — DSP Conservative Hybrid Fund vs Parag Parikh Conservative Hybrid Fund
| Stock | DSP Conservative Hybrid Fund | Parag Parikh Conservative Hybrid Fund | |
|---|---|---|---|
| ITC Ltd | 5.64% | 19.44% | 5.64% |
| Petronet LNG Ltd | 2.31% | 23.59% | 2.31% |
| Indus Towers Ltd | 3.03% | 0.73% | 0.73% |
| Power Finance Corporation Ltd | 0.29% | 8.59% | 0.29% |
4 shared of 32 / 7 positions. Weights are shown as a share of each fund's equity book.
| Metric | DSP · Direct NAV ₹69.03 Moderately High risk ★★★☆☆ | PPFAS · Direct NAV ₹16.11 Moderately High risk ★★★★★ | Category median Conservative Hybrid Fund · 16 funds |
|---|---|---|---|
| +3.57% | +4.90%Best in row | +2.96% | |
| +8.72% | +9.32%Best in row | +8.13% | |
| +7.39% | +9.35%Best in row | +7.56% | |
| +7.44% | — | +8.02% | |
| +8.35% | +9.37%Best in row | +8.95% | |
| +7.87% | +8.90%Best in row | — | |
| +8.56% | +11.47%Best in row | +9.49% | |
| +8.11% | +9.73%Best in row | +9.05% | |
| +8.39% | — | +9.03% | |
| Risk | |||
| 3.27% | 2.74%Best in row | 3.64% | |
| 0.68 | 1.03Best in row | 0.43 | |
| 0.96 | 1.45Best in row | 0.59 | |
| -12.03% | -2.32%Best in row | -11.59% | |
| 0.64% | 0.32%Best in row | 0.97% | |
| ₹179.80Cr | ₹3,353Cr | ₹861.39Cr | |
| None | Up to 1.00% | — | |
| ₹100 | ₹1.00K | — | |
| ₹100 | ₹5.00K | — | |
| Abhishek Singh · 5.4y | Raj Mehta | — | |
| 03 Jan 2013 | 28 May 2021 | — | |
| 32 | 7 | — | |
| 12.7% | 9.3% | — | |
| 3.4% | 4.1% | — | |
7 rows carry the same value for every fund — show
- Benchmark
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- Alpha
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- Beta
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- Upside capture
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- Downside capture
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- Lock-in
- None
- Portfolio turnover
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Best marks the strongest value in a row, and only where the gap is bigger than noise — a near-tie is left unmarked rather than dressed up as a result. SIP XIRR is a ₹10,000/month instalment over 5 years of real NAV history. Nothing here is supplied by a fund house. For research only — not investment advice.
Frequently asked questions
Which fund has delivered higher returns — DSP Conservative Hybrid Fund or Parag Parikh Conservative Hybrid Fund?
Over the last 3 years, Parag Parikh Conservative Hybrid Fund returned +9.32% CAGR against DSP Conservative Hybrid Fund's +8.72%, computed from AMFI NAV history. Over 5 years: DSP Conservative Hybrid Fund +7.39% vs Parag Parikh Conservative Hybrid Fund +9.35% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — DSP Conservative Hybrid Fund or Parag Parikh Conservative Hybrid Fund?
Parag Parikh Conservative Hybrid Fund has the lower expense ratio: DSP Conservative Hybrid Fund charges 0.64% a year against Parag Parikh Conservative Hybrid Fund's 0.32%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — DSP Conservative Hybrid Fund or Parag Parikh Conservative Hybrid Fund?
DSP Conservative Hybrid Fund has shown higher volatility (+3.27% annualized vs Parag Parikh Conservative Hybrid Fund's +2.74%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: DSP Conservative Hybrid Fund -3.21% vs Parag Parikh Conservative Hybrid Fund -2.21%.
Which fund manages more money — DSP Conservative Hybrid Fund or Parag Parikh Conservative Hybrid Fund?
Parag Parikh Conservative Hybrid Fund is the larger fund: DSP Conservative Hybrid Fund manages ₹179.80Cr against Parag Parikh Conservative Hybrid Fund's ₹3,353Cr in assets. Size cuts both ways — scale lowers costs, but a very large fund can find it harder to move in and out of positions.
Are DSP Conservative Hybrid Fund and Parag Parikh Conservative Hybrid Fund in the same category?
Yes — both are Conservative Hybrid Fund schemes, so their returns, risk and cost are directly comparable against the same peer set.
Figures update daily from AMFI NAV history; ratings and ranks are WealthTicker’s own — see the methodology. This is data, not investment advice.