HealthyDirect · GrowthFit for a long SIP
ICICI Prudential Conservative Hybrid Fund
ICICI Prudential Mutual FundHybrid Schemes - Conservative Hybrid Fund13.8 years
The scheme seeks to generate long-term capital appreciation by investments in money market and debt instruments.
- NAV
- 86.3847
- 30 Oct 2026
- 1Y
- +1.0%
- Trailing CAGR
- AUM
- ₹3,269.92 Cr
- 30 Sept 2026
- Volatility
- Low
- 4.2% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · The fund beat the category median in 86% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
1.04% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -8.8%. Ask whether you can hold through a similar fall.
Vs category
Pass
86% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Akhil Kakkar · 2.8 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 29.0% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 9%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
If you start a SIP here, diary a 90-day check and an annual review - don’t react to every NAV print.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+1.0%
- 3Y+8.5%
- 5Y+7.9%
- 10Y+9.1%
- SI+10.0%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+0.5%
- 3Y+5.2%
- 5Y+7.5%
- 10Y+8.8%
- Since inception
- +10.0%
- Calendar-day CAGR
- Excess 1Y
- +0.5%
- Category median, same plan and option
- 3Y win rate
- +86%
- Windows beating the median
- 3Y percentile
- 90
- Vs comparable share classes
- SIP 3Y XIRR
- +5.2%
- Simulated monthly SIP
- Worst rolling 3Y
- +5.9%
- 2619 daily-ending windows
- Median rolling 3Y
- +10.4%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2135 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -8.8%
- Worst peak-to-trough
- Current
- -2.2%
- Below last peak
- Current spell
- 88 days
- Days below latest peak
- Time below peak
- +72%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 7 days
- 300 recovered episodes
- Longest recovery
- 105 days
- Trough to prior peak
20 Feb 2020 – 6 Jul 2020
Trough 23 Mar 2020 · recovered in 105 days
-8.8%
17 May 2013 – 31 Oct 2013
Trough 19 Aug 2013 · recovered in 73 days
-8.1%
20 Oct 2015 – 4 Apr 2016
Trough 25 Feb 2016 · recovered in 39 days
-5.3%
17 Jan 2022 – 4 Apr 2022
Trough 7 Mar 2022 · recovered in 28 days
-3.1%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
90
Vs category
53
Consistency
84
Risk-adjusted
74
Drawdown
78
Mean
76
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- The fund beat the category median in 86% of rolling 3-year windows.
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 133 holdings · top 10 are 29.0%.
- Top 5
- 18.5%
- Top 10
- 29.0%
- Largest holding
- 4.5%
- Effective holdings
- 61.6
GOVERNMENT OF INDIA 37426 GOI 11MY36 6.94 FV RS 100
Entities
4.5%
GOVERNMENT OF INDIA 35840 GOI 15AP65 6.9 FV RS 100
Entities
4.1%
Others IRS
Unspecified
3.8%
ADANI ENTERPRISES LIMITED 8.70 NCD 24MR28 FVRS1LAC
Materials
3.0%
MANAPPURAM FINANCE LIMITED 8 NCD 15DC27 FVRS1LAC
Financial
3.0%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
15 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
8 Sept 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
BARODA BNP PARIBAS CONSERVATIVE HYBRID FUND
Baroda BNP Paribas Mutual Fund
- 1Y
- +2.4%
- 3Y
- +8.1%
- Vol
- 3.6%
- Max DD
- -4.5%
- Sharpe
- 0.56
- 3Y win
- +30%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
Kotak Conservative Hybrid Fund
Kotak Mahindra Mutual Fund
- 1Y
- +0.2%
- 3Y
- +8.3%
- Vol
- 4.8%
- Max DD
- -11.8%
- Sharpe
- 0.87
- 3Y win
- +95%
- Higher win rate vs category
- Lower TER
Caveat: Higher volatility · Deeper drawdown · Lower trailing returns
BANK OF INDIA CONSERVATIVE HYBRID FUND - Monthly
Bank of India Mutual Fund
- 1Y
- +0.2%
- 3Y
- +5.7%
- Vol
- 6.5%
- Max DD
- -21.2%
- Sharpe
- 0.04
- 3Y win
- +100%
- Higher win rate vs category
Caveat: Higher volatility · Deeper drawdown · Lower trailing returns
HSBC Conservative Hybrid Fund
HSBC Mutual Fund
- 1Y
- +0.6%
- 3Y
- +8.6%
- Vol
- 4.9%
- Max DD
- -10.4%
- Sharpe
- 0.55
- 3Y win
- +38%
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown · Higher TER
Aditya Birla Sun Life Conservative Hybrid Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +1.7%
- 3Y
- +8.4%
- Vol
- 5.0%
- Max DD
- -14.2%
- Sharpe
- 0.82
- 3Y win
- +59%
- Lower TER
Caveat: Higher volatility · Deeper drawdown · Lower trailing returns