HSBC Conservative Hybrid Fund vs Parag Parikh Conservative Hybrid Fund
HSBC 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 20 Aug 2026
Growth of ₹100 (rebased over the selected window)
Common period 28 May 2021 – 20 Aug 2026, limited by Parag Parikh Conservative Hybrid Fund. Every series is rebased to ₹100 at the start of this window.
View as table
| Date | HSBC Conservative Hybrid Fund | Parag Parikh Conservative Hybrid Fund |
|---|---|---|
| 28 May 2021 | ₹100.00 | ₹100.00 |
| 03 Nov 2021 | ₹106.50 | ₹103.98 |
| 11 Apr 2022 | ₹106.69 | ₹107.13 |
| 18 Sep 2022 | ₹107.27 | ₹110.72 |
| 24 Feb 2023 | ₹108.74 | ₹112.92 |
| 02 Aug 2023 | ₹115.99 | ₹118.78 |
| 08 Jan 2024 | ₹122.43 | ₹128.77 |
| 15 Jun 2024 | ₹134.98 | ₹138.69 |
| 21 Nov 2024 | ₹139.01 | ₹143.86 |
| 30 Apr 2025 | ₹142.87 | ₹150.26 |
| 06 Oct 2025 | ₹149.24 | ₹154.66 |
| 14 Mar 2026 | ₹146.22 | ₹158.08 |
| 20 Aug 2026 | ₹153.87 | ₹161.37 |
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 →
HSBC Conservative Hybrid Fund and Parag Parikh Conservative Hybrid Fund share 0% of their equity book by weight.
| Metric | HSBC · Direct NAV ₹72.11 Moderately High risk ★★★☆☆ | PPFAS · Direct NAV ₹16.14 Moderately High risk ★★★★★ | Category median Conservative Hybrid Fund · 16 funds |
|---|---|---|---|
| +4.27% | +5.57%Best in row | +4.50% | |
| +9.89% | +10.64%Best in row | +8.82% | |
| +8.36% | +9.86%Best in row | +8.35% | |
| +8.24% | — | +8.19% | |
| +8.86% | +9.58%Best in row | +9.06% | |
| +8.68% | +9.31%Best in row | — | |
| +8.96% | +11.55%Best in row | +9.50% | |
| +8.63% | +9.88%Best in row | +9.07% | |
| +8.82% | — | +9.04% | |
| Risk | |||
| 4.83% | 2.84%Best in row | 3.63% | |
| 0.70 | 1.46Best in row | 0.62 | |
| 0.97 | 2.15Best in row | 0.85 | |
| -10.38% | -2.32%Best in row | -11.59% | |
| 1.20% | 0.31%Best in row | 0.96% | |
| ₹145.45Cr | ₹3,353Cr | ₹1,148Cr | |
| None | Up to 1.00% | — | |
| ₹500 | ₹1.00K | — | |
| 151% | — | 22% | |
| Mahesh Chhabria | Raj Mehta | — | |
| 11 Jan 2013 | 28 May 2021 | — | |
| 24 | 13 | — | |
| 13.3% | 11.1% | — | |
| 12.3% | 2.8% | — | |
7 rows carry the same value for every fund — show
- Benchmark
- —
- Alpha
- —
- Beta
- —
- Upside capture
- —
- Downside capture
- —
- Lock-in
- None
- Min lumpsum
- ₹5.00K
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 — HSBC Conservative Hybrid Fund or Parag Parikh Conservative Hybrid Fund?
Over the last 3 years, Parag Parikh Conservative Hybrid Fund returned +10.64% CAGR against HSBC Conservative Hybrid Fund's +9.89%, computed from AMFI NAV history. Over 5 years: HSBC Conservative Hybrid Fund +8.36% vs Parag Parikh Conservative Hybrid Fund +9.86% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — HSBC Conservative Hybrid Fund or Parag Parikh Conservative Hybrid Fund?
Parag Parikh Conservative Hybrid Fund has the lower expense ratio: HSBC Conservative Hybrid Fund charges 1.20% a year against Parag Parikh Conservative Hybrid Fund's 0.31%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — HSBC Conservative Hybrid Fund or Parag Parikh Conservative Hybrid Fund?
HSBC Conservative Hybrid Fund has shown higher volatility (+4.83% annualized vs Parag Parikh Conservative Hybrid Fund's +2.84%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: HSBC Conservative Hybrid Fund -6.08% vs Parag Parikh Conservative Hybrid Fund -2.21%.
Which fund manages more money — HSBC Conservative Hybrid Fund or Parag Parikh Conservative Hybrid Fund?
Parag Parikh Conservative Hybrid Fund is the larger fund: HSBC Conservative Hybrid Fund manages ₹145.45Cr 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 HSBC 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.