SBI Conservative Hybrid Fund
SBI Conservative Hybrid's portfolio tilts defensively toward high-grade debt (over 38% in AAA and AA rated securities) while maintaining a measured equity exposure of 35% focused on infrastructure and financials. The manager's recent portfolio churn—swapping housing finance names for established banks and NABARD—signals a preference shift toward larger, more liquid financial institutions over niche lenders. This defensive positioning and strategic rebalancing suggest conviction in quality over growth, appropriate for conservative investors seeking steady returns with manageable volatility.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹82.5092 | +0.56% | — | — | — |
| Regular Growth | ₹75.2264 | +0.53% | +4.75% | +9.12% | +9.15% |
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 |
|---|---|
| HDFC Bank Ltd. | 0.87% |
| Muthoot Finance Ltd. | 1.54% |
| National Bank for Agriculture and Rural Development | 1.02% |
| LIC Housing Finance Ltd. | 0.76% |
| Canara Bank | 0.97% |
| Small Industries Development Bank of India | 0.97% |
| Bank of Baroda | 0.49% |
| National Bank for Agriculture and Rural Development | 0.48% |
| 91 DAY T-BILL 16.07.26 | 0.51% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Infopark Properties Ltd. INE0KZX07023 | 3.08% |
| 2 | Aditya Birla Renewables Ltd. INE01QP08016 | 3.08% |
| 3 | TREPS | 3.07% |
| 4 | Adani Power Ltd. INE814H07190 | 3.05% |
| 5 | 7.52% State Government of Tamil Nadu 2055 IN3120250474 | 2.95% |
| 6 | JTPM Metal Traders Ltd. INE02PE08036 | 2.68% |
| 7 | JSW Kalinga Steel Ltd. INE2QI808033 | 2.65% |
| 8 | Bajaj Finance Ltd. INE296A07SV1 | 2.56% |
| 9 | LIC Housing Finance Ltd. INE115A07RF8 | 2.31% |
| 10 | Cholamandalam Investment & Finance Co. Ltd. INE121A08PT9 | 2.07% |
| 11 | Small Industries Development Bank of India INE556F08LC0 | 2.03% |
| 12 | GMR Airports Ltd. INE776C08075 | 1.88% |
| 13 | Net Receivable / Payable | 1.88% |
| 14 | Bharti Telecom Ltd. INE403D08256 | 1.88% |
| 15 | Asian Paints Ltd. INE021A01026 | 1.86% |
| 16 | Avanse Financial Services Ltd. INE087P07402 | 1.80% |
| 17 | Tata Communications Ltd. INE151A08349 | 1.80% |
| 18 | Godrej Industries Ltd. INE233A08170 | 1.76% |
| 19 | 7.56% State Government of Madhya Pradesh 2039 IN2120250450 | 1.76% |
| 20 | Motilal Oswal Finvest Ltd. INE01WN07128 | 1.75% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does SBI Conservative Hybrid Fund hold?
SBI Conservative Hybrid Fund holds 98 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 14.84% of NAV.
What is the largest holding in SBI Conservative Hybrid Fund?
The largest position in SBI Conservative Hybrid Fund is Infopark Properties Ltd., accounting for 3.08% of NAV in the CARE AA- sector.
Is SBI Conservative Hybrid Fund a concentrated or diversified fund?
With a Gini coefficient of 0.411, SBI Conservative Hybrid Fund is well-diversified. The HHI concentration index is 14,733 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 14.84% of the portfolio.
What is the market cap allocation of SBI Conservative Hybrid Fund?
Based on SEBI's AMFI classification, SBI Conservative Hybrid Fund's equity portfolio is split as: Large Cap: 7.98%, Mid Cap: 3.76%, Small Cap: 12.35%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does SBI Conservative Hybrid Fund invest in most?
SBI Conservative Hybrid Fund has the highest allocation to CRISIL AAA (16.21%), CRISIL AA (15.23%), Sovereign (6.97%). The fund is invested across 35 sectors in total.
How actively managed is SBI Conservative Hybrid Fund compared to other Conservative Hybrid Fund funds?
SBI Conservative Hybrid Fund has an Active Share of 83.98%, 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 SBI Conservative Hybrid Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, SBI Conservative Hybrid Fund added 9 new stocks (including HDFC Bank Ltd.) and exited 5 stocks (including Mahindra Rural Housing Finance Ltd.). Total holding count increased from 96 to 100 stocks.