Kotak Conservative Hybrid Fund
- NAV as on 25 Sep 2026
- ₹59.40-0.02%1 day
- Return since launch
- 8.1%
- 52-week range
- ₹57.25 — ₹60.37
- AUM
- ₹2,833 Cr
Kotak Conservative Hybrid Fund is a Conservative Hybrid hybrid fund from Kotak Mahindra Mutual Fund with ₹2,833 Cr under management, launched in 2003. Over three years it has returned 4.0% a year, against 7.0% for its category. The expense ratio is 1.76% and the SEBI riskometer reading is Moderately High.
Performance
Kotak Conservative Hybrid Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +1.8% against +1.7% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 0.9% | −1.7 pts | 2.6% | 0.9% |
| 2Y | 2.1% | −1.1 pts | 3.1% | 2.7% |
| 3Y | 4.0% | −3.0 pts | 7.0% | 4.4% |
| 5Y | 6.5% | −0.1 pts | 6.6% | 6.2% |
| 7Y | 7.8% | +0.7 pts | 7.1% | 6.8% |
| 10Y | 8.3% | +1.4 pts | 6.8% | 7.0% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -1.0% | 0.0 pts | -0.9% | -1.0% |
| 3M | -0.3% | −0.2 pts | -0.1% | -0.2% |
| 6M | 3.1% | −0.1 pts | 3.2% | 3.3% |
| 1Y | 1.8% | −0.8 pts | 2.6% | 1.6% |
| 2Y | 1.6% | −1.5 pts | 3.0% | 3.0% |
| 3Y | 7.2% | +0.2 pts | 7.0% | 7.0% |
| 5Y | 6.9% | +0.3 pts | 6.6% | 6.2% |
| 7Y | 9.2% | +1.5 pts | 7.6% | 7.4% |
| 10Y | 8.2% | +1.3 pts | 6.8% | 6.8% |
Since launch (20 Oct 2003): 8.1%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 5.3% | −1.7 pts | 7.0% |
| 2024 | 11.3% | +0.3 pts | 11.0% |
| 2023 | 13.9% | +1.8 pts | 12.1% |
| 2022 | 4.3% | −0.8 pts | 5.1% |
| 2021 | 13.3% | +2.1 pts | 11.2% |
| 2020 | 13.9% | +3.4 pts | 10.5% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.76%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.46%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.29%
- Exit load
- Exit load for units in excess of 8% of the investment,1% will be charged for redemption within 6 months.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- CRISIL Hybrid 85+15 Conservative Index
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at moderately high risk — typically balanced hybrid and index-led equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | 0.90 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.38 | 0.72 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.49 | 1.03 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 5.35 | 4.32 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Kotak Conservative Hybrid Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity23.2%
- Debt56.1%
- Other20.7%
Market cap split
- Large66.0%
- Mid29.2%
- Small4.8%
- P/E
- 20.85
- P/B
- 3.09
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 20.22% | ₹572 Cr | +1.28% | +1.20% | +1.12% |
| JTPM Metal Traders Ltd. | Metals & Mining | 3.81% | ₹108 Cr | +3.67% | +3.44% | — |
| National Bank For Agriculture & Rural Development | Financial | 3.76% | ₹106 Cr | +0.50% | +0.48% | +0.48% |
| LIC Housing Finance Ltd. | Financial | 2.81% | ₹79.51 Cr | +0.34% | +0.34% | +0.34% |
| Muthoot Finance Ltd. | Financial | 2.64% | ₹74.57 Cr | +1.74% | — | — |
| Siddhivinayak Securitisation Trust | Others | 2.59% | ₹73.27 Cr | +2.55% | +2.48% | — |
| Shivshakti Securitisation Trust | Others | 2.57% | ₹72.88 Cr | +2.55% | +2.48% | — |
| National Housing Bank | Financial | 2.05% | ₹58.20 Cr | +2.00% | +1.93% | +4.83% |
| 360 ONE Wealth Ltd. | Financial | 1.77% | ₹50.01 Cr | +1.75% | — | — |
| HDFC Bank Ltd. | Financial | 1.75% | ₹49.57 Cr | +2.44% | +2.74% | +2.90% |
| Andhra Pradesh State Beverages Corporation Ltd. | Consumer Staples | 1.69% | ₹47.83 Cr | +0.62% | +0.58% | — |
| ICICI Bank Ltd. | Financial | 1.54% | ₹43.62 Cr | +1.03% | +1.07% | +1.07% |
| State Bank of India | Financial | 1.32% | ₹37.52 Cr | +1.19% | +1.40% | +0.93% |
| Adani Power Ltd. | Energy | 1.23% | ₹34.78 Cr | +1.21% | +1.15% | — |
| Telangana State Industrial Infrastructure Corporation Ltd. | Others | 1.18% | ₹33.33 Cr | +1.16% | +1.10% | +1.03% |
| Maruti Suzuki India Ltd. | Automobile | 1.10% | ₹31.25 Cr | +1.06% | +1.13% | +1.25% |
| Bharti Airtel Ltd. | Communication | 1.05% | ₹29.78 Cr | +1.05% | +1.47% | +1.38% |
| Hero Motocorp Ltd. | Automobile | 0.93% | ₹26.43 Cr | +0.83% | +1.12% | +1.20% |
| NTPC Ltd. | Energy | 0.92% | ₹26.08 Cr | +1.25% | +1.16% | +0.87% |
| Reliance Industries Ltd. | Energy | 0.89% | ₹25.08 Cr | +0.91% | +0.90% | +0.87% |
| Bharti Telecom Ltd. | Communication | 0.88% | ₹24.82 Cr | +0.86% | +0.84% | +4.16% |
| Axis Bank Ltd. | Financial | 0.71% | ₹20.08 Cr | +0.95% | +0.97% | +0.59% |
| Power Finance Corporation Ltd. | Financial | 0.68% | ₹19.37 Cr | +0.64% | +0.64% | +0.64% |
| Divi's Laboratories Ltd. | Healthcare | 0.63% | ₹17.80 Cr | +0.44% | +0.40% | +0.38% |
| Tech Mahindra Ltd. | Technology | 0.59% | ₹16.77 Cr | +0.64% | +0.73% | +0.94% |
| Britannia Industries Ltd. | Consumer Staples | 0.56% | ₹15.96 Cr | +0.55% | +0.60% | +0.48% |
| Max Healthcare Institute Ltd. | Healthcare | 0.56% | ₹15.89 Cr | +0.51% | +0.55% | +0.42% |
| Billionbrains Garage Ventures Ltd. | Financial | 0.53% | ₹14.98 Cr | +0.50% | — | — |
| Karnataka State | Others | 0.51% | ₹14.52 Cr | +2.06% | +1.65% | — |
| Torrent Pharmaceuticals Ltd. | Healthcare | 0.49% | ₹13.88 Cr | — | — | — |
| Indus Towers Ltd. | Communication | 0.48% | ₹13.61 Cr | +0.54% | — | — |
| Bagmane Prime Office REIT | Construction | 0.47% | ₹13.34 Cr | +0.45% | — | — |
| Swiggy Ltd. | Services | 0.47% | ₹13.35 Cr | +0.34% | +0.38% | +0.51% |
| Interglobe Aviation Ltd. | Services | 0.46% | ₹13.09 Cr | +0.38% | +0.40% | +0.46% |
| Lenskart Solutions Ltd. | Consumer Discretionary | 0.46% | ₹12.92 Cr | — | — | — |
| Radico Khaitan Ltd. | Consumer Staples | 0.46% | ₹13.14 Cr | +0.46% | +0.33% | +0.44% |
| Bank of Maharashtra | Financial | 0.44% | ₹12.43 Cr | +0.42% | — | — |
| Mphasis Ltd. | Technology | 0.44% | ₹12.32 Cr | +0.40% | +0.38% | +0.46% |
| Tata Steel Ltd. | Metals & Mining | 0.44% | ₹12.54 Cr | +0.49% | +0.48% | — |
| Poonawalla Fincorp Ltd. | Financial | 0.43% | ₹12.20 Cr | +0.35% | +0.39% | +0.46% |
| Indian Bank | Financial | 0.42% | ₹12.00 Cr | +0.39% | +0.44% | +0.37% |
| United Spirits Ltd. | Consumer Staples | 0.40% | ₹11.32 Cr | +0.57% | +0.26% | +0.25% |
| company:1091 | Capital Goods | 0.40% | ₹11.35 Cr | — | — | — |
| Bank Of Baroda | Financial | 0.39% | ₹10.98 Cr | +0.94% | +1.06% | +0.76% |
| Fortis Healthcare Ltd. | Healthcare | 0.39% | ₹11.10 Cr | +0.40% | +0.38% | +0.36% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 0.39% | ₹10.92 Cr | — | — | — |
| Aster DM Quality Care Ltd. | Healthcare | 0.36% | ₹10.21 Cr | — | — | — |
| Bihar State | Others | 0.35% | ₹9.89 Cr | +0.34% | +0.33% | — |
| Nippon Life India Asset Management Ltd. | Financial | 0.35% | ₹9.96 Cr | +0.33% | — | — |
| Century Plyboards (India) Ltd. | Materials | 0.34% | ₹9.60 Cr | +0.34% | +0.31% | +0.31% |
| Infosys Ltd. | Technology | 0.32% | ₹9.16 Cr | +0.33% | +0.45% | +1.08% |
| REC Ltd. | Financial | 0.32% | ₹9.27 Cr | +0.42% | +0.12% | +0.12% |
| V.S.T. Tillers Tractors Ltd. | Automobile | 0.31% | ₹8.84 Cr | +0.33% | +0.39% | +0.35% |
| Ashok Leyland Ltd. | Automobile | 0.30% | ₹8.61 Cr | +0.27% | +0.34% | — |
| Raajmarg Infra Investment Trust | Construction | 0.29% | ₹8.10 Cr | +0.26% | — | — |
| Ultratech Cement Ltd. | Materials | 0.29% | ₹8.13 Cr | +0.28% | +0.30% | — |
| Indian Railway Finance Corporation Ltd. | Financial | 0.27% | ₹7.52 Cr | +0.30% | +0.28% | +0.28% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 0.20% | ₹5.76 Cr | — | — | — |
| ITC Ltd. | Consumer Staples | 0.20% | ₹5.62 Cr | +0.22% | +0.23% | +0.29% |
| Indusind Bank Ltd. | Financial | 0.20% | ₹5.59 Cr | — | — | — |
| Pokarna Ltd. | Materials | 0.20% | ₹5.76 Cr | +0.19% | +0.20% | +0.19% |
| HDB Financial Services Ltd. | Financial | 0.18% | ₹5.02 Cr | +0.18% | +0.17% | +0.17% |
| Life Insurance Corporation of India | Insurance | 0.18% | ₹4.97 Cr | +0.17% | +0.17% | +0.26% |
| Madhya Pradesh State | Others | 0.18% | ₹5.07 Cr | +0.18% | +0.17% | +0.17% |
| Tamilnadu State | Others | 0.18% | ₹5.11 Cr | +0.18% | +0.07% | +0.07% |
| Andhra Pradesh State | Financial | 0.17% | ₹4.90 Cr | +1.67% | +0.16% | +0.06% |
| Sundaram Finance Ltd. | Financial | 0.17% | ₹4.84 Cr | — | — | — |
| company:20769 | Healthcare | 0.17% | ₹4.72 Cr | — | — | — |
| LG Electronics India Ltd. | Consumer Discretionary | 0.11% | ₹3.18 Cr | +0.10% | +0.10% | — |
| Tenneco Clean Air India Ltd | Automobile | 0.09% | ₹2.44 Cr | +0.09% | +0.09% | — |
| SBI Funds Management Ltd. | Financial | 0.08% | ₹2.24 Cr | — | — | — |
| INDO-MIM Ltd. | Capital Goods | 0.06% | ₹1.70 Cr | — | — | — |
| Indus Infra Trust | Construction | 0.06% | ₹1.72 Cr | +0.06% | +0.05% | +0.05% |
| Power Grid Corporation Of India Ltd. | Energy | 0.06% | ₹1.73 Cr | +0.06% | +0.06% | +0.06% |
| GOI | Sovereign | 0.02% | ₹0.56 Cr | +0.09% | +11.75% | +4.01% |
| Uttar Pradesh Power Corporation Ltd | Capital Goods | 0.01% | ₹0.30 Cr | +0.01% | +0.01% | +0.01% |
| Uttar Pradesh State | Others | 0.00% | ₹0.00 Cr | 0.00% | 0.00% | 0.00% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Andhra Pradesh State Beverages Corporation Ltd. | 0.62% | 1.69% | +1.07% |
| Hero FinCorp Ltd. | 0.87% | 0.00% | -0.87% |
| Karnataka State | 1.23% | 0.51% | -0.72% |
| National Bank For Agriculture & Rural Development | 0.86% | 0.25% | -0.61% |
| company:1091 | 0.00% | 0.40% | +0.40% |
| United Spirits Ltd. | 0.68% | 0.40% | -0.28% |
| DEE Development Engineers Ltd. | 0.27% | 0.00% | -0.27% |
| NTPC Ltd. | 1.12% | 0.92% | -0.20% |
| company:20769 | 0.00% | 0.17% | +0.17% |
| Sun Pharmaceutical Industries Ltd. | 0.28% | 0.39% | +0.11% |
| Radico Khaitan Ltd. | 0.57% | 0.46% | -0.11% |
| Divi's Laboratories Ltd. | 0.53% | 0.63% | +0.10% |
| Swiggy Ltd. | 0.38% | 0.47% | +0.09% |
| Lenskart Solutions Ltd. | 0.38% | 0.46% | +0.08% |
| Bharti Airtel Ltd. | 1.13% | 1.05% | -0.08% |
| JTPM Metal Traders Ltd. | 3.76% | 3.81% | +0.05% |
| State Bank of India | 1.27% | 1.32% | +0.05% |
| Axis Bank Ltd. | 0.66% | 0.71% | +0.05% |
| Maruti Suzuki India Ltd. | 1.15% | 1.10% | -0.05% |
| HDFC Bank Ltd. | 0.92% | 0.88% | -0.04% |
| Aster DM Quality Care Ltd. | 0.39% | 0.36% | -0.03% |
| ICICI Bank Ltd. | 1.51% | 1.54% | +0.03% |
| Indian Bank | 0.39% | 0.42% | +0.03% |
| Max Healthcare Institute Ltd. | 0.59% | 0.56% | -0.03% |
| 360 ONE Wealth Ltd. | 1.75% | 1.77% | +0.02% |
| Bank of Maharashtra | 0.42% | 0.44% | +0.02% |
| Hero Motocorp Ltd. | 0.91% | 0.93% | +0.02% |
| Mphasis Ltd. | 0.42% | 0.44% | +0.02% |
| Telangana State Industrial Infrastructure Corporation Ltd. | 1.16% | 1.18% | +0.02% |
| ITC Ltd. | 0.22% | 0.20% | -0.02% |
| Pokarna Ltd. | 0.22% | 0.20% | -0.02% |
| Ashok Leyland Ltd. | 0.28% | 0.30% | +0.02% |
| Raajmarg Infra Investment Trust | 0.27% | 0.29% | +0.02% |
| Britannia Industries Ltd. | 0.58% | 0.56% | -0.02% |
| National Housing Bank | 2.06% | 2.05% | -0.01% |
| Adani Power Ltd. | 1.22% | 1.23% | +0.01% |
| Bharti Telecom Ltd. | 0.87% | 0.88% | +0.01% |
| Fortis Healthcare Ltd. | 0.40% | 0.39% | -0.01% |
| Indusind Bank Ltd. | 0.19% | 0.20% | +0.01% |
| Interglobe Aviation Ltd. | 0.45% | 0.46% | +0.01% |
| Muthoot Finance Ltd. | 1.75% | 1.76% | +0.01% |
| Reliance Industries Ltd. | 0.90% | 0.89% | -0.01% |
| Tata Steel Ltd. | 0.45% | 0.44% | -0.01% |
| Ultratech Cement Ltd. | 0.30% | 0.29% | -0.01% |
| V.S.T. Tillers Tractors Ltd. | 0.32% | 0.31% | -0.01% |
| INDO-MIM Ltd. | 0.05% | 0.06% | +0.01% |
| LG Electronics India Ltd. | 0.10% | 0.11% | +0.01% |
| Bagmane Prime Office REIT | 0.46% | 0.47% | +0.01% |
| Century Plyboards (India) Ltd. | 0.35% | 0.34% | -0.01% |
| LIC Housing Finance Ltd. | 2.62% | 2.63% | +0.01% |
| Shivshakti Securitisation Trust | 2.56% | 2.57% | +0.01% |
| Siddhivinayak Securitisation Trust | 2.58% | 2.59% | +0.01% |
| Uttar Pradesh State | 0.00% | 0.00% | 0.00% |
| Andhra Pradesh State | 0.17% | 0.17% | 0.00% |
| Bank Of Baroda | 0.39% | 0.39% | 0.00% |
| Bihar State | 0.35% | 0.35% | 0.00% |
| Billionbrains Garage Ventures Ltd. | 0.53% | 0.53% | 0.00% |
| Cholamandalam Investment and Finance Company Ltd. | 0.20% | 0.20% | 0.00% |
| GOI | 0.02% | 0.02% | 0.00% |
| HDB Financial Services Ltd. | 0.18% | 0.18% | 0.00% |
| Indian Railway Finance Corporation Ltd. | 0.15% | 0.15% | 0.00% |
| Indus Infra Trust | 0.06% | 0.06% | 0.00% |
| Indus Towers Ltd. | 0.48% | 0.48% | 0.00% |
| Infosys Ltd. | 0.32% | 0.32% | 0.00% |
| Life Insurance Corporation of India | 0.18% | 0.18% | 0.00% |
| Madhya Pradesh State | 0.18% | 0.18% | 0.00% |
| Nippon Life India Asset Management Ltd. | 0.35% | 0.35% | 0.00% |
| Others | 0.32% | 0.32% | 0.00% |
| Poonawalla Fincorp Ltd. | 0.43% | 0.43% | 0.00% |
| Power Finance Corporation Ltd. | 0.16% | 0.16% | 0.00% |
| Power Grid Corporation Of India Ltd. | 0.06% | 0.06% | 0.00% |
| REC Ltd. | 0.06% | 0.06% | 0.00% |
| SBI Funds Management Ltd. | 0.08% | 0.08% | 0.00% |
| Sundaram Finance Ltd. | 0.17% | 0.17% | 0.00% |
| Tamilnadu State | 0.18% | 0.18% | 0.00% |
| Tech Mahindra Ltd. | 0.59% | 0.59% | 0.00% |
| Tenneco Clean Air India Ltd | 0.09% | 0.09% | 0.00% |
| Torrent Pharmaceuticals Ltd. | 0.49% | 0.49% | 0.00% |
| Uttar Pradesh Power Corporation Ltd | 0.01% | 0.01% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹1,433 Cr | 1.34% | 2.6% | 5.7% | 7.6% |
| ₹3,481 Cr | 0.67% | 3.5% | 6.4% | 8.5% | |
| ₹3,329 Cr | 1.73% | 1.8% | 5.5% | 7.3% | |
| ₹178 Cr | 1.25% | 2.2% | 5.3% | 7.0% | |
| ₹156 Cr | 2.18% | 2.2% | 5.0% | 6.8% | |
| ₹18.08 Cr | 0.89% | 3.5% | 6.0% | 8.3% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The Scheme seeks to enhance returns over a portfolio of debt instruments with a moderate exposure in equity and equity related instruments. By investing in debt securities, the Scheme will aim at generating regular returns, while enhancement of return is intended through investing in equity and equity related securities.
Fund managers
- Abhishek BisenMr. Bisen is a BA and MBA in Finance.Prior to joining Kotak AMC, he was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.
- Shibani Sircar KurianMs. Kurian has done PGDM (Specialization in Finance), BSc (Hons)-EconomicsPrior to joining Kotak AMC, she was working with Dawnay Day AV India Advisors Pvt Ltd and UTI AMC.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.15% absolute | ₹60,000 | ₹61,890 | 3.15% | |
| 1 year1.82% annualised | ₹1,20,000 | ₹1,21,190 | 0.99% | |
| 3 years7.21% annualised | ₹3,60,000 | ₹4,02,970 | 11.94% | |
| 5 years6.88% annualised | ₹6,00,000 | ₹7,17,802 | 19.63% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.