Nippon India Conservative Hybrid Fund
Nippon India Conservative Hybrid is defensively positioned with nearly 70% in debt, heavily weighted toward AA-rated securities and government bonds that provide stability over growth. The fund's recent rotation—exiting construction plays like Ashoka Buildcon for real estate REITs and adding Adani Power—signals a tactical shift toward infrastructure-linked assets while maintaining credit quality. Cash levels declining by 2.4% suggest the manager is deploying idle funds into higher-yielding opportunities, reflecting cautious optimism without abandoning the conservative mandate.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹60.5901 | -0.05% | +6.02% | +7.98% | +7.90% |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| 10.96% Gaursons India Private Limited** | 3.44% |
| 8% Adani Power Limited** | 2.61% |
| 7.17% Mindspace Business Parks REIT | 2.59% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Triparty Repo | 6.54% |
| 2 | 7.03% State Government Securities IN3120210361 | 5.22% |
| 3 | 9.75% Delhi International Airport Limited** INE657H08035 | 3.81% |
| 4 | 8.55% Aditya Birla Real Estate Limited** INE055A08060 | 3.65% |
| 5 | 5% GMR Airports Limited** INE776C08083 | 3.50% |
| 6 | 10.96% Gaursons India Private Limited** INE1BEC07011 | 3.44% |
| 7 | 7.1% Government of India IN0020220011 | 3.21% |
| 8 | Auxilo Finserve Private Limited** INE605Y07239 | 3.14% |
| 9 | 10.2% Navi Finserv Limited** INE342T07627 | 3.14% |
| 10 | 10.4% Muthoot Fincorp Ltd** INE549K08590 | 3.13% |
| 11 | 8.28% Suryapet Khammam Road Pvt Ltd** INE08BR07011 | 2.91% |
| 12 | 9.25% Truhome Finance Limited** INE432R07414 | 2.66% |
| 13 | 9.5% Vedanta Limited** INE205A08020 | 2.65% |
| 14 | 8.45% Adani Airport Holdings Limited INE0GCN07054 | 2.64% |
| 15 | 9.95% Hiranandani Financial Services Private Limited** INE07UF07026 | 2.63% |
| 16 | 8% Adani Power Limited** INE814H07190 | 2.61% |
| 17 | JSW Kalinga Steel Limited** INE2QI808033 | 2.61% |
| 18 | 7.17% Mindspace Business Parks REIT INE0CCU07199 | 2.59% |
| 19 | 6.57% State Government Securities IN3120200347 | 2.55% |
| 20 | 8.28% Mancherial Repallewada Road Private Limited** INE08BT07017 | 2.52% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Nippon India Conservative Hybrid Fund hold?
Nippon India Conservative Hybrid Fund holds 90 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 19.62% of NAV.
What is the largest holding in Nippon India Conservative Hybrid Fund?
The largest position in Nippon India Conservative Hybrid Fund is Triparty Repo, accounting for 6.54% of NAV.
Is Nippon India Conservative Hybrid Fund a concentrated or diversified fund?
With a Gini coefficient of 0.582, Nippon India Conservative Hybrid Fund is moderately concentrated. The HHI concentration index is 22,880 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 19.62% of the portfolio.
What is the market cap allocation of Nippon India Conservative Hybrid Fund?
Based on SEBI's AMFI classification, Nippon India Conservative Hybrid Fund's equity portfolio is split as: Large Cap: 10.31%, Mid Cap: 1.03%, Small Cap: 0.00%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Nippon India Conservative Hybrid Fund invest in most?
Nippon India Conservative Hybrid Fund has the highest allocation to CRISIL AA (15.20%), SOVEREIGN (12.53%), CRISIL AA- (7.09%). The fund is invested across 43 sectors in total.
How actively managed is Nippon India Conservative Hybrid Fund compared to other Conservative Hybrid Fund funds?
Nippon India Conservative Hybrid Fund has an Active Share of 79.69%, classifying it as "Highly Differentiated" among 16 Conservative Hybrid Fund peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in Nippon India Conservative Hybrid Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Nippon India Conservative Hybrid Fund added 3 new stocks (including 10.96% Gaursons India Private Limited**) and exited 3 stocks (including 10.96% Gaursons India Private Limited**). Total holding count remained at 93 stocks.