HealthyDirect · GrowthFit for a long SIP
SBI CONSERVATIVE HYBRID FUND
SBI Mutual FundHybrid Scheme - Conservative Hybrid Fund13.8 years
- NAV
- 82.8209
- 27 Oct 2026
- 1Y
- +2.4%
- Trailing CAGR
- AUM
- ₹10,226.23 Cr
- 31 Aug 2026
- Volatility
- Low
- 4.3% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 27 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 81% 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
0.98% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -11.9%. Ask whether you can hold through a similar fall.
Vs category
Pass
81% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
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 ≈ 26.6% 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 12%. 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+2.4%
- 3Y+8.0%
- 5Y+7.9%
- 10Y+8.6%
- SI+9.4%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+1.6%
- 3Y+5.3%
- 5Y+7.4%
- 10Y+8.9%
- Since inception
- +9.4%
- Calendar-day CAGR
- Excess 1Y
- +1.6%
- Category median, same plan and option
- 3Y win rate
- +81%
- Windows beating the median
- 3Y percentile
- 67
- Vs comparable share classes
- SIP 3Y XIRR
- +5.3%
- Simulated monthly SIP
- Worst rolling 3Y
- +2.0%
- 2607 daily-ending windows
- Median rolling 3Y
- +10.5%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2125 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -11.9%
- Worst peak-to-trough
- Current
- -2.2%
- Below last peak
- Current spell
- 75 days
- Days below latest peak
- Time below peak
- +75%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 8 days
- 262 recovered episodes
- Longest recovery
- 200 days
- Trough to prior peak
20 Feb 2020 – 20 Jul 2020
Trough 23 Mar 2020 · recovered in 119 days
-11.9%
20 May 2013 – 7 Mar 2014
Trough 19 Aug 2013 · recovered in 200 days
-7.9%
9 Apr 2018 – 28 Feb 2019
Trough 9 Oct 2018 · recovered in 142 days
-4.8%
17 Jan 2022 – 1 Aug 2022
Trough 7 Mar 2022 · recovered in 147 days
-3.6%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
67
Vs category
60
Consistency
74
Risk-adjusted
67
Drawdown
70
Mean
68
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 81% 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
31 Aug 2026 · 110 holdings · top 10 are 26.6%.
- Top 5
- 15.1%
- Top 10
- 26.6%
- Largest holding
- 3.7%
- Effective holdings
- 65.1
Repo
Unspecified
3.7%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 27A 7.16 BD 14DC29 FVRS1LAC
Financial
3.1%
ADANI POWER LIMITED SR I 8 NCD 27JN28 FVRS1LAC
Energy & Utilities
2.9%
JTPM METAL TRADERS LIMITED NCD 30AP30 FVRS1LAC
Materials
2.9%
Torrent Power Ltd.
Energy & Utilities
2.5%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Parag Parikh Conservative Hybrid Fund
PPFAS Mutual Fund
- 1Y
- +1.5%
- 3Y
- +8.6%
- Vol
- 3.0%
- Max DD
- -2.6%
- Sharpe
- 0.98
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
LIC MF Conservative Hybrid Fund
LIC Mutual Fund
- 1Y
- +0.5%
- 3Y
- +6.2%
- Vol
- 3.5%
- Max DD
- -7.9%
- Sharpe
- 0.40
- 3Y win
- +28%
- Lower volatility
- Shallower drawdown
Caveat: Higher TER · Lower trailing returns
BANDHAN CONSERVATIVE HYBRID FUND
Bandhan Mutual Fund
- 1Y
- +0.9%
- 3Y
- +6.9%
- Vol
- 4.6%
- Max DD
- -11.4%
- Sharpe
- 0.45
- 3Y win
- +28%
- Shallower drawdown
- Lower TER
Caveat: Higher volatility · Lower trailing returns
Franklin India Conservative Hybrid Fund
Franklin Templeton Mutual Fund
- 1Y
- -0.3%
- 3Y
- +7.6%
- Vol
- 4.2%
- Max DD
- -11.9%
- Sharpe
- 0.62
- 3Y win
- +53%
- Lower volatility
- Lower TER
Caveat: Deeper drawdown · Lower trailing returns
Nippon India Conservative Hybrid Fund (Existing number of Segregated Portfolios - 1)
Nippon India Mutual Fund
- 1Y
- +4.6%
- 3Y
- +8.4%
- Vol
- 4.4%
- Max DD
- -18.9%
- Sharpe
- 0.39
- 3Y win
- +52%
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown · Higher TER