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Funds/Conservative Hybrid Fund/Nippon India Conservative Hybrid Fund

Nippon India Conservative Hybrid Fund

Nippon India Mutual Fund·Conservative Hybrid Fund·vs Peer Median

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

PlanNAV1M3M6M1Y3Y CAGR5Y CAGR
Regular Growth₹60.5170+0.13%-0.05%+1.42%+6.26%+7.97%+7.88%
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.

Portfolio Metrics(latest month)

Holdings
90
Top 5 Weight
19.62%
Top 10 Weight
35.15%
Active Share
—
Large Cap
10.31%
Gini
0.582

What Changed2026-03-31 → 2026-04-30

Holdings: 93 → 93+3 added−3 removed5 weight shifts ≥ 0.1%
StockWeight
10.96% Gaursons India Private Limited**3.44%
8% Adani Power Limited**2.61%
7.17% Mindspace Business Parks REIT2.59%

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

CRISIL AA15.2%
SOVEREIGN12.5%
CRISIL AA-7.1%
CRISIL A+6.6%
ICRA AA6.5%
Realty5.5%
CARE AAA5.4%
Banks3.9%
ICRA A-3.4%
FITCH A3.1%

Top 10 sectors by % to NAV. Excludes derivatives.