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Aditya Birla Sun Life Conservative Hybrid Fund

Q: What is the NAV of Aditya Birla Sun Life Conservative Hybrid Fund?

As of 06 Oct 2026, the NAV of Aditya Birla Sun Life Conservative Hybrid Fund is ₹78.36 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Aditya Birla Sun Life Conservative Hybrid Fund delivered?

Aditya Birla Sun Life Conservative Hybrid Fund has returned +3.21% over 1 year, +8.43% per year over 3 years, +7.86% per year over 5 years and +10.03% 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.

Q: What is the expense ratio of Aditya Birla Sun Life Conservative Hybrid Fund?

Aditya Birla Sun Life Conservative Hybrid Fund charges an expense ratio of 0.96% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Aditya Birla Sun Life Conservative Hybrid Fund?

Aditya Birla Sun Life Conservative Hybrid Fund's largest holdings are 8.92% Cholamandalam Investment & Finance Co. Ltd. (02/12/2034) (3.6%), 8.42% Muthoot Finance Ltd. (26/07/2029) (FRN) (3.3%), 7.79% Tata Capital Housing Finance Ltd. (18/06/2030) (3.3%), 91 DAY T-BILL 27.11.26 (3.3%) and JTPM Metal Traders Ltd. (29/09/2028) (ZCB) (3.1%). Holdings are disclosed monthly and change over time.

Q: How risky is Aditya Birla Sun Life Conservative Hybrid Fund?

Aditya Birla Sun Life Conservative Hybrid Fund is rated moderately high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 3.3% and its worst peak-to-trough fall in our sample was -14.2%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.58 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Aditya Birla Sun Life Conservative Hybrid Fund's 0.58 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of Aditya Birla Sun Life Conservative Hybrid Fund?

Aditya Birla Sun Life 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.

Q: Who manages Aditya Birla Sun Life Conservative Hybrid Fund?

Aditya Birla Sun Life Conservative Hybrid Fund is managed by Mohit Sharma and Harshil Suvarnkar at Aditya Birla Sun Life.

Q: How is Aditya Birla Sun Life Conservative Hybrid Fund taxed?

Aditya Birla Sun Life 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.

Aditya Birla Sun Life Mutual Fund · Best Conservative Hybrid Mutual Funds

NAV

₹78.36

+0.07% 1D

as of 06 Oct 2026

This is the Direct plan of Aditya Birla Sun Life Conservative Hybrid Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

Compare SIP calculator

NAV history

+3.21%absolute

52-week rangePrev NAV ₹78.31

Latest ₹78.36

Low ₹75.4267th percentile of its 52-week rangeHigh ₹79.81

Scorecard

★★★★☆4/5 vs 17 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).

PerformanceStrong

3Y CAGR +8.43% · ranks 6 of 17 Conservative Hybrid Funds

RiskModerate

Volatility 3.3% vs 3.7% category avg

CostAverage

1.0% expense vs 1.0% category avg

ConsistencyHigh

100% 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

1-year return (+3.21%) beats the Conservative Hybrid Fund average (+2.00%)
3-year return (+8.43%) beats the Conservative Hybrid Fund average (+7.62%)
5-year return (+7.86%) beats the Conservative Hybrid Fund average (+7.24%)
Stronger risk-adjusted returns — Sharpe 0.58 vs 0.31 Conservative Hybrid Fund average
Consistent — positive in 100% of rolling 3-year windows

Concerns

No significant concerns identified.

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.96%

Category 0.96%0.00%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

0.58

Category 0.31▲0.27

Scheme Info

Definitions

Plan

Direct · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

For redemption /switch-out of units on or before 90 days from the date of allotment: 1.00% of applicable NAV. For redemption / switch-out of units after 90 days from the date of allotment: Nil.

Up to 1.00%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹100

Smallest one-time (lumpsum) investment the scheme accepts

₹1,000

CRISIL Hybrid 85+15 - Conservative Index

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

04 Jan 2013

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-1.36%

Absolute return over the last 3 months (not annualized)

-1.20%

Absolute return over the last 6 months (not annualized)

+3.38%

Absolute return since 1 Jan of this year (not annualized)

+2.04%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+3.21%

3-year annualized return (CAGR)

+8.43%

5-year annualized return (CAGR)

+7.86%

10-year annualized return (CAGR)

+8.07%

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+10.03%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

3.35%

Excess return per unit of total volatility (rf = 6.5%)

0.58

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

0.80

Largest peak-to-trough decline over full history

-14.23%

Benchmark 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	-1.36%	-1.08%	-0.28%
3M abs	-1.20%	-1.03%	-0.17%
6M abs	+3.38%	+3.12%	+0.26%
1Y CAGR	+3.21%	+2.00%	+1.21%
3Y CAGR	+8.43%	+7.62%	+0.81%
5Y CAGR	+7.86%	+7.24%	+0.62%

Category average across peers in Conservative Hybrid Fund (up to 16 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 16 peers in Conservative Hybrid Fund

1Y return

+3.21%

Beats 81.3% · rank #4

3Y return

+8.43%

Beats 68.8% · rank #6

5Y return

+7.86%

Beats 66.7% · rank #6

Sharpe

0.58

Beats 81.3% · rank #4

Sortino

0.80

Beats 81.3% · rank #4

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹7.23L

Absolute

+20.55%

XIRR

+7.65%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into Aditya Birla Sun Life Conservative Hybrid Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund
2026part	+2.04%
2025	+8.09%
2024	+11.48%
2023	+10.66%
2022	+6.35%
2021	+14.29%
2020	+10.11%
2019	+6.54%
2018	-1.05%
2017	+17.01%

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.

History points

3,320

Expense ratio

0.96%

AUM

₹74.51Cr

Portfolio turnover

YTM (from holdings)

8.05%

Average maturity

4.09 years

Exit load

For redemption /switch-out of units on or before 90 days from the date of allotment: 1.00% of applicable NAV. For redemption / switch-out of units after 90 days from the date of allotment: Nil.

Taxation

Taxed as debt

This 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.

Any holding period

30%

Short- and long-term alike

Your income-tax slab — no LTCG or indexation benefit

Your income-tax slab

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.

Peer comparison · Conservative Hybrid Fund

Compare all


Aditya Birla Sun Life Conservative Hybrid FundThis fund Aditya Birla Sun Life · Direct · Growth	★★★★☆	+3.21%	+8.43%	+7.86%	—	0.96%	₹74.51Cr
Parag Parikh Conservative Hybrid Fund PPFAS · Direct · Growth	★★★★★	+3.48%	+9.21%	+8.95%	—	0.32%	₹3,475Cr
HSBC Conservative Hybrid Fund HSBC · Direct · Growth	★★★☆☆	+1.41%	+8.75%	+7.42%	—	1.19%	₹154.04Cr
ICICI Prudential Conservative Hybrid Fund ICICI Prudential · Direct · Growth	★★★★★	+2.47%	+8.69%	+8.17%	—	1.04%	₹3,339Cr
DSP Conservative Hybrid Fund DSP · Direct · Growth	★★★☆☆	+2.91%	+8.63%	+7.35%	—	0.64%	₹178.28Cr
Kotak Conservative Hybrid Fund Kotak Mahindra · Direct · Growth	★★★★☆	+1.28%	+8.47%	+8.17%	—	0.61%	₹2,839Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 95% of the equity sleeve priced.

Large cap71.8%
Mid cap13.6%
Small cap14.6%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Debt71.76%
Equity22.66%
Cash & Equivalents3.80%
Real Estate / REITs1.20%
Other0.58%

which companies this fund invests in

As on 31 Aug 2026 · AMC disclosure

JTPM Metal Traders Ltd. (29/09/2028) (ZCB)

3.10%

ICICI Bank Ltd.

1.99%

Jubilant Bevco Ltd. (31/05/2028) (ZCB)

1.86%

Union Bank of India (19/01/2027)

1.62%

HDFC Bank Ltd.

1.42%

Hindalco Industries Ltd.

1.28%

Bharti Airtel Ltd.

1.09%

Bajaj Finserv Ltd.

1.01%

The Federal Bank Ltd.

0.83%

S.J.S. Enterprises Ltd.

0.83%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Aditya Birla Sun Life Retirement Fund-The 50s Aditya Birla Sun Life · Retirement Fund	70.2% of 25% equity	★★★☆☆	0.63%	+7.75%
Aditya Birla Sun Life Retirement Fund-The 40s Aditya Birla Sun Life · Retirement Fund	55.1% of 79% equity	★★★☆☆	1.18%	+10.03%
Aditya Birla Sun Life ELSS Tax Saver Fund Aditya Birla Sun Life · ELSS	53.8%	★★☆☆☆	1.09%	+9.87%
Aditya Birla Sun Life Large Cap Fund Aditya Birla Sun Life · Large Cap Fund	49.0%	★★★☆☆	1.04%	+8.73%
Aditya Birla Sun Life Aggressive Hybrid Fund Aditya Birla Sun Life · Aggressive Hybrid Fund	48.7% of 77% equity	★★☆☆☆	1.16%	+9.22%
Kotak Large Cap Fund Kotak Mahindra · Large Cap Fund	48.7%	★★★☆☆	0.76%	+9.36%
Bandhan Nifty 50 Index Fund Bandhan · Index Funds	48.2%	★★★☆☆	0.16%	+6.06%
Taurus Nifty 50 Index Fund Taurus · Index Funds	48.2%	★★☆☆☆	0.86%	+5.30%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

🚩Holdings under NSE surveillance (ASM)

1 holding — 0.15% of the portfolio — sit in stocks NSE currently lists under its Additional Surveillance Measure. ASM is an exchange response to unusual price or volume activity (higher margins, and trade-for-trade settlement at stage II), not a view on the company or on this fund.

Whirlpool of India LimitedShort-term · Stage I0.15%

Source: NSE ASM list, matched to holdings by company name — a holding whose name differs from NSE's spelling may not be matched. BSE's separate list is not covered.

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.

-14.2%12 Feb 2020 → 23 Mar 2020
Fell over 40 days, back to the old high on 09 Oct 2020 — 7 months under water after the low.
-6.6%19 Aug 2015 → 25 Feb 2016
Fell over 6 months, back to the old high on 04 Apr 2016 — 39 days under water after the low.
-6.3%28 Aug 2018 → 23 Oct 2018
Fell over 2 months, back to the old high on 20 May 2019 — 7 months 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.

AMC Profile

Aditya Birla Sun Life Mutual Fund is run by Aditya Birla Sun Life AMC, a joint venture between the Aditya Birla Group and Sun Life Financial of Canada. In business since 1994 and listed on the exchanges since 2021, it is among India's larger houses across equity, debt and hybrid.

Launched

22 Dec 1994

Total AUM

₹4,41,787Cr+3.3% QoQ

Avg AUM · July - September 2026

Website

mutualfund.adityabirlacapital.com

Fund Managers

MSMohit SharmaManaging since 31 Oct 2024

Education

PGDCM years Calcutta; B Tech – IIT Madras

Experience

He has over 19 years of experience of which 12 years are in financial markets. He joined Aditya Birla Sun Life AMC Ltd on October 2015. Prior to joining Aditya Birla Sun Life AMC Limited, he ran his own healthcare- tech business (June 2012 - May 2015). He has also worked as an Interest Rates Trader in Standard Chartered Bank (May 2007 - June 2011) and ICICI Bank Ltd (June 2006 - April 2007). He started his career in the Equity Research in Irevna Ltd (June 2005 - June 2006). under his Fund Management Responsibilities jointly with Mr. Lovelish Solanki Ms. Sunaina Da Cunha - Mr. Bhupesh Bameta Fund - - Mr. Kaustubh Gupta Ms. Sunaina Da Cunha Mr. Kaustubh Gupta and Mr. Anuj Jain - Mr. Harshil Suvarnkar Mr. Kaustubh Gupta Mr. Sanjay Godambe - Mr. Bhupesh Bameta Mr. Sanjay Godambe Financial Mr. Sanjay Pawar

Funds managed (13)

All schemes Mohit Sharma runs →

HSHarshil SuvarnkarManaging since 22 Mar 2021

Education

Masters Management Studies (Finance), Post Graduate Diploma Securities Law & B. Com.

Experience

years in the financial 2021 to joining he was associated with as Head - Markets, handling treasury Asset Liability (ALM) and capital Fund Management Responsibility jointly with Mr. Chanchal Khandelwal and Dhaval Joshi Mr. Lovelish Solanki and Mr. Rohit Karan Mr. Kaustubh Gupta Mr. Bhupesh Bameta Mr. Abhinav Khandelwal and Dhaval Joshi Mr. Bhupesh Bameta Mr. Mohit Sharma - Mr. Sanjay Godambe - Mr. Kaustubh Gupta and Mr. Vighnesh Gupta

Funds managed (17)

All schemes Harshil Suvarnkar runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Mohit Sharma Harshil Suvarnkar

Top holdings

ICICI Bank Ltd.HDFC Bank Ltd.Hindalco Industries Ltd.Bharti Airtel Ltd.Bajaj Finserv Ltd.The Federal Bank Ltd.S.J.S. Enterprises Ltd.State Bank of India Fortis Healthcare Ltd.Axis Bank Ltd.Sun Pharmaceutical Industries Ltd.Embassy Office Parks Reit

Aditya Birla Sun Life in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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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 Aditya Birla Sun Life Conservative Hybrid Fund?

As of 06 Oct 2026, the NAV of Aditya Birla Sun Life Conservative Hybrid Fund is ₹78.36 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Aditya Birla Sun Life Conservative Hybrid Fund delivered?

Aditya Birla Sun Life Conservative Hybrid Fund has returned +3.21% over 1 year, +8.43% per year over 3 years, +7.86% per year over 5 years and +10.03% 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 Aditya Birla Sun Life Conservative Hybrid Fund?

Aditya Birla Sun Life Conservative Hybrid Fund charges an expense ratio of 0.96% 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 Aditya Birla Sun Life Conservative Hybrid Fund?

Aditya Birla Sun Life Conservative Hybrid Fund's largest holdings are 8.92% Cholamandalam Investment & Finance Co. Ltd. (02/12/2034) (3.6%), 8.42% Muthoot Finance Ltd. (26/07/2029) (FRN) (3.3%), 7.79% Tata Capital Housing Finance Ltd. (18/06/2030) (3.3%), 91 DAY T-BILL 27.11.26 (3.3%) and JTPM Metal Traders Ltd. (29/09/2028) (ZCB) (3.1%). Holdings are disclosed monthly and change over time.

How risky is Aditya Birla Sun Life Conservative Hybrid Fund?

Aditya Birla Sun Life Conservative Hybrid Fund is rated moderately high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 3.3% and its worst peak-to-trough fall in our sample was -14.2%. 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 0.58 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Aditya Birla Sun Life Conservative Hybrid Fund's 0.58 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of Aditya Birla Sun Life Conservative Hybrid Fund?

Aditya Birla Sun Life 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 Aditya Birla Sun Life Conservative Hybrid Fund?

Aditya Birla Sun Life Conservative Hybrid Fund is managed by Mohit Sharma and Harshil Suvarnkar at Aditya Birla Sun Life.

How is Aditya Birla Sun Life Conservative Hybrid Fund taxed?

Aditya Birla Sun Life 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.