LIC MF Conservative Hybrid Fund
This is the IDCW (dividend) option — it pays its earnings out as dividends rather than reinvesting them, so every payout steps the NAV down and the return figures below leave those payouts out. Your actual return was higher by whatever was distributed. That’s expected for a payout plan, not missing data.
View the Growth plan for compounded returns (+6.17% 3Y CAGR)NAV history
Scorecard
★★★★☆4/5 vs 33 of 32 Conservative Hybrid Fund peers- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
How this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Conservative Hybrid Fund (same plan and option). 33 of the 32 Conservative Hybrid Funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +5.74% · ranks 4 of 32 Conservative Hybrid Funds
Volatility 3.5% vs 5.0% category avg
2.3% expense vs 1.8% category avg
78% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Ahead of the Conservative Hybrid Fund average on 1M/3M/6M/1Y — 1Y by 5.26pp
- 3-year return (+5.74%) beats the Conservative Hybrid Fund average (+1.30%)
- 5-year return (+3.55%) beats the Conservative Hybrid Fund average (+1.05%)
- Ranks #3 of 32 on 1-year return in its Conservative Hybrid Fund cohort
- Less volatile than its Conservative Hybrid Fund peers (3.5% vs 5.0%)
Concerns
- High expense ratio (2.25%) vs the Conservative Hybrid Fund average of 1.75%
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Risk (trailing 3Y)
DefinitionsBenchmark ratios
Not shown for Conservative Hybrid Fund — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.
Fund vs category average (Conservative Hybrid Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +0.71% | +0.13% | +0.58% |
| 3M abs | +2.45% | +1.55% | +0.90% |
| 6M abs | +0.46% | -1.04% | +1.50% |
| 1Y CAGR | +2.97% | -2.29% | +5.26% |
| 3Y CAGR | +5.74% | +1.30% | +4.44% |
| 5Y CAGR | +3.55% | +1.05% | +2.50% |
Category average across peers in Conservative Hybrid Fund (up to 32 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Category rank
Vs 32 peers in Conservative Hybrid Fund
Rolling returns
Return for every possible 1Y holding period, not just today’s
233 overlapping 1Y windows, sampled monthly across the fund’s history.
Worst falls, and the wait to get back
How far this fund has dropped from a high, and how long it took to reclaim it.
- -16.9%06 Dec 2007 → 27 Oct 2008
Fell over 11 months, back to the old high on 19 Aug 2014 — 5.8 years under water after the low.
- -9.5%10 May 2006 → 02 Apr 2007
Fell over 11 months, back to the old high on 14 Nov 2007 — 7 months under water after the low.
- -8.5%03 Dec 2014 → 25 Feb 2016
Fell over 15 months, back to the old high on 18 Jun 2019 — 3.3 years under water after the low.
Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2026part | +0.26% | |
| 2025 | +5.28% | |
| 2024 | +8.18% | |
| 2023 | +7.29% | |
| 2022 | -2.09% | |
| 2021 | +4.35% | |
| 2020 | +6.42% | |
| 2019 | +3.95% | |
| 2018 | -1.76% | |
| 2017 | -0.54% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹46.17Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into LIC MF Conservative Hybrid Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Taxation
Taxed as debtThis is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.
Your income-tax slab — no LTCG or indexation benefit
Pick your slab to see the rate that applies to you.
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Conservative Hybrid funds
Conservative hybrid funds keep most of the portfolio (75–90%) in debt with a small equity slice. They aim for steadier returns than equity with a little extra growth over pure debt.
Frequently asked questions
What is the NAV of LIC MF Conservative Hybrid Fund?
As of 20 Aug 2026, the NAV of LIC MF Conservative Hybrid Fund is ₹14.74 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has LIC MF Conservative Hybrid Fund delivered?
LIC MF Conservative Hybrid Fund has returned +2.97% over 1 year, +5.74% per year over 3 years, +3.55% per year over 5 years and +1.58% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of LIC MF Conservative Hybrid Fund?
LIC MF Conservative Hybrid Fund charges an expense ratio of 2.25% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of LIC MF Conservative Hybrid Fund?
Its largest holdings are GOVERNMENT OF INDIA 33618 GOI 13NV30 7.32 FV RS 100 (11.2%), GOI Sec 7.17 17/04/2030 (11.2%), STATE DEVELOPMENT LOAN 33529 TN 18OT33 7.65 FV RS 100 (11.1%), GOVERNMENT OF INDIA 35031 GOI 07OT34 6.79 FV RS 100 (10.9%) and Nuclear Power Corpn. Of India Ltd Debenture 8.13 28/03/2028 (8.9%). Holdings are disclosed monthly and change over time.
How risky is LIC MF Conservative Hybrid Fund?
It is rated moderately high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 3.5% and its worst peak-to-trough fall in our sample was -16.9%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What does the Sharpe ratio of -0.22 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. LIC MF Conservative Hybrid Fund's -0.22 means it has not compensated investors for its volatility over the window. Higher is better.
What is the benchmark of LIC MF Conservative Hybrid Fund?
LIC MF Conservative Hybrid Fund is benchmarked against the CRISIL Hybrid 85+15 Conservative Index. Its alpha and beta on this page are measured against that index.
Who manages LIC MF Conservative Hybrid Fund?
LIC MF Conservative Hybrid Fund is managed by Pratik Harish Shroff and Karan Doshi at LIC.
How is LIC MF Conservative Hybrid Fund taxed?
LIC MF Conservative Hybrid Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.