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Kotak Debt Hybrid Fund vs Parag Parikh Conservative Hybrid Fund

Kotak Debt 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

Kotak Debt Hybrid FundDirectParag Parikh Conservative Hybrid FundDirect2 of 4 funds

Growth of ₹100 (rebased over the selected window)

Common period 28 May 202120 Aug 2026, limited by Parag Parikh Conservative Hybrid Fund. Every series is rebased to ₹100 at the start of this window.

View as table
Growth of ₹100, sampled across the common period
DateKotak Debt Hybrid FundParag Parikh Conservative Hybrid Fund
28 May 2021₹100.00₹100.00
03 Nov 2021₹108.17₹103.98
11 Apr 2022₹108.78₹107.13
18 Sep 2022₹111.96₹110.72
24 Feb 2023₹113.86₹112.92
02 Aug 2023₹122.43₹118.78
08 Jan 2024₹132.11₹128.77
15 Jun 2024₹142.28₹138.69
21 Nov 2024₹146.43₹143.86
30 Apr 2025₹152.72₹150.26
06 Oct 2025₹156.39₹154.66
14 Mar 2026₹155.04₹158.08
20 Aug 2026₹160.85₹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 →

Kotak Debt Hybrid Fund and Parag Parikh Conservative Hybrid Fund share 4% of their equity book by weight.

Shared holdings — Kotak Debt Hybrid Fund vs Parag Parikh Conservative Hybrid Fund

Stocks held by both Kotak Debt Hybrid Fund and Parag Parikh Conservative Hybrid Fund, with each fund's weight and the weight they share.
StockKotak Debt Hybrid FundParag Parikh Conservative Hybrid Fund
Bharti Airtel Ltd4.87%2.20%2.20%
ITC Ltd0.95%16.67%0.95%
Indus Towers Ltd2.07%0.62%0.62%

3 shared of 47 / 13 positions. Weights are shown as a share of each fund's equity book.

Kotak Debt Hybrid Fund, Parag Parikh Conservative Hybrid Fund compared on return, risk, benchmark-relative, cost and portfolio metrics, against the Conservative Hybrid Fund median.
Metric
Kotak Mahindra · Direct
NAV ₹70.31
Moderately High risk
★★★★☆
PPFAS · Direct
NAV ₹16.14
Moderately High risk
★★★★★
Category median
Conservative Hybrid Fund · 16 funds
+4.53%+5.57%Best in row+4.50%
+9.47%+10.64%Best in row+8.82%
+9.38%+9.86%Best in row+8.35%
+9.89%+8.19%
+10.41%Best in row+9.58%+9.06%
+8.58%+9.31%Best in row
+11.09%+11.55%Best in row+9.50%
+10.86%Best in row+9.88%+9.07%
+11.01%+9.04%
Risk
4.47%2.84%Best in row3.63%
0.661.46Best in row0.62
0.912.15Best in row0.85
-11.80%-2.32%Best in row-11.59%
0.61%0.31%Best in row0.96%
₹2,829Cr₹3,353Cr₹1,148Cr
₹100₹1.00K
₹100₹5.00K
Abhishek BisenRaj Mehta
30 Jan 201328 May 2021
4713
10.3%11.1%
12.4%2.8%
8 rows carry the same value for every fund — show
Benchmark
Alpha
Beta
Upside capture
Downside capture
Exit load
Up to 1.00%
Lock-in
None
Portfolio turnover

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 — Kotak Debt Hybrid Fund or Parag Parikh Conservative Hybrid Fund?

Over the last 3 years, Parag Parikh Conservative Hybrid Fund returned +10.64% CAGR against Kotak Debt Hybrid Fund's +9.47%, computed from AMFI NAV history. Over 5 years: Kotak Debt Hybrid Fund +9.38% vs Parag Parikh Conservative Hybrid Fund +9.86% CAGR. Past returns don't guarantee future performance.

Which fund is cheaper — Kotak Debt Hybrid Fund or Parag Parikh Conservative Hybrid Fund?

Parag Parikh Conservative Hybrid Fund has the lower expense ratio: Kotak Debt Hybrid Fund charges 0.61% 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 — Kotak Debt Hybrid Fund or Parag Parikh Conservative Hybrid Fund?

Kotak Debt Hybrid Fund has shown higher volatility (+4.47% 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: Kotak Debt Hybrid Fund -3.98% vs Parag Parikh Conservative Hybrid Fund -2.21%.

Which fund manages more money — Kotak Debt Hybrid Fund or Parag Parikh Conservative Hybrid Fund?

Parag Parikh Conservative Hybrid Fund is the larger fund: Kotak Debt Hybrid Fund manages ₹2,829Cr 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 Kotak Debt 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.