Bandhan Conservative Hybrid Fund

Conservative HybridDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

Bandhan Conservative Hybrid Fund is a Conservative Hybrid fund run by Bandhan Mutual Fund. On 31-08-2026, it managed ₹87 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 7.6% a year and its Regular plan returned 6.5% a year.

NAV (Direct plan): ₹36.97; ▲ 0.09%30-10-2026
NAV (Regular plan): ₹32.61; ▲ 0.08%30-10-2026
Expense ratio: 0.89%Direct1.96%Regular; 0.89%; A year
Riskometer: Moderately High; Set by the fund house
3 year return: 7.6%Direct6.5%Regular; 7.6%; A year

Bandhan Conservative Hybrid Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹36.97 (up 0.09% that day); Regular Plan Growth ₹32.61 (up 0.08% that day).

This fund (Direct plan)

₹36.9706

Bandhan Conservative Hybrid Fund Returns vs Conservative Hybrid Funds

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−0.01%	−1.09%	+1.47%	+1.54%	+7.57%	+5.60%	+6.62%
This fund (Regular)	−0.10%	−1.35%	+0.95%	+0.53%	+6.54%	+4.59%	+5.64%
Conservative Hybrid average	−0.46%	−1.48%	+0.87%	+1.02%	+7.61%	+7.13%	+7.52%
Best in Conservative Hybrid	+0.16%	−0.05%	+2.51%	+4.80%	+8.72%	+9.43%	+9.22%
Worst in Conservative Hybrid	−1.26%	−2.24%	+0.10%	−1.40%	+5.41%	+5.09%	+5.91%
Rank in Conservative Hybrid	2/18	5/18	3/18	7/18	10/18	15/17	13/16

Category rows compare the Direct plans of 18 Conservative Hybrid funds. Rank 1 is the highest return. This fund's benchmark is CRISIL Hybrid 85+15 - Conservative Index. Returns of that index are not available to us, so the category average is the comparison.

Bandhan Conservative Hybrid Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	+0.38%	−0.46%
2025	+7.74%	+6.69%
2024	+8.73%	+7.73%
2023	+10.48%	+9.46%
2022	+1.09%	+0.14%
2021	+7.02%	+6.03%

Bandhan Conservative Hybrid Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,627 periods, one for each trading day from 04-01-2016 to 30-10-2026.

0%5%10%15%

Nov 2013
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025

Bandhan Conservative Hybrid Fund (Direct)Category average, 18 Conservative Hybrid funds

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	3,103	7.9%	−3.2%	24.5%	1%	8.8%	30%
2 years	2,868	8.7%	1.6%	18.0%	0%	9.9%	27%
3 years	2,627	7.7%	2.9%	14.7%	0%	9.3%	26%
5 years	2,144	7.6%	5.3%	11.6%	0%	8.5%	21%
7 years	1,662	7.3%	6.2%	10.2%	0%	8.5%	18%
10 years	934	7.9%	6.6%	9.0%	0%	9.0%	0%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	154	8.1%	−8.3%	24.6%	5%	8.8%	31%
2 years	142	8.1%	−0.6%	18.5%	1%	8.8%	30%
3 years	130	7.6%	1.1%	12.8%	0%	9.4%	26%
5 years	106	7.5%	3.9%	10.9%	0%	8.5%	25%
7 years	82	7.5%	5.8%	8.7%	0%	8.5%	17%
10 years	46	7.4%	6.4%	8.2%	0%	8.9%	0%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 18 Conservative Hybrid funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.

Bandhan Conservative Hybrid Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Bandhan Conservative Hybrid Fund (Direct)This fund	Category average
Return (CAGR)	+1.54%	+1.02%
Standard deviation	4.66%	3.40%
Sharpe ratio	-0.80	-1.24
Sortino ratio	-1.07	-1.65
Maximum drawdown	−5.0% (30-03-2026)	−3.1% (30-03-2026)

From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Bandhan Conservative Hybrid Fund (Direct)This fund	Category average
Return (CAGR)	+7.57%	+7.62%
Standard deviation	3.85%	3.24%
Sharpe ratio	0.40	0.49
Sortino ratio	0.57	0.68
Maximum drawdown	−5.0% (30-03-2026)	−3.1% (30-03-2026)

From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Bandhan Conservative Hybrid Fund (Direct)This fund	Category average
Return (CAGR)	+5.60%	+7.17%
Standard deviation	3.81%	3.26%
Sharpe ratio	-0.05	0.42
Sortino ratio	-0.07	0.57
Maximum drawdown	−5.0% (17-06-2022)	−3.9% (17-06-2022)

From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Bandhan Conservative Hybrid Fund (Direct)This fund	Category average
Return (CAGR)	+6.62%	+7.59%
Standard deviation	4.35%	3.83%
Sharpe ratio	0.28	0.57
Sortino ratio	0.38	0.77
Maximum drawdown	−11.4% (23-03-2020)	−11.2% (23-03-2020)

From daily NAVs, 28-10-2016 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Bandhan Conservative Hybrid Fund (Direct)This fund	Category average
Return (CAGR)	+7.89%	+8.70%
Standard deviation	4.56%	3.97%
Sharpe ratio	0.41	0.67
Sortino ratio	0.55	0.90
Maximum drawdown	−11.4% (23-03-2020)	−11.2% (23-03-2020)

From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Drawdowns

How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

−12%−10%−8%−6%−4%−2%0%

2014201620182020202220242026

Bandhan Conservative Hybrid Fund (Direct)Category average, 18 Conservative Hybrid funds

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Bandhan Conservative Hybrid Fund (Direct)	−11.4%	20-02-2020	23-03-2020	17-07-2020	4 months	−2.0%
Category average	−11.2%	13-02-2020	23-03-2020	21-07-2020	4 months	−2.1%

From the Direct plan's daily NAV since 02-01-2013, adjusted for unit splits, and the average of the 18 Conservative Hybrid funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

Bandhan Conservative Hybrid Fund vs Other Conservative Hybrid Funds

The five Conservative Hybrid funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Parag Parikh Conservative Hybrid Fund	1/18	3,454	0.32%	+1.84%	+8.72%	--	--	0.99	1.39	Compare
HSBC Conservative Hybrid Fund	2/18	152	1.19%	+0.59%	+8.59%	--	--	0.53	0.74	Compare
ICICI Prudential Conservative Hybrid Fund	3/18	3,270	1.04%	+1.04%	+8.45%	--	--	0.77	1.07	Compare
Nippon India Conservative Hybrid Fund	4/18	977	1.01%	+4.80%	+8.44%	--	--	1.24	1.80	Compare
Aditya Birla Sun Life Conservative Hybrid Fund	5/18	1,467	0.96%	+1.68%	+8.39%	--	--	0.72	1.00	Compare
Bandhan Conservative Hybrid Fund	10/18	87	0.89%	+1.54%	+7.57%	--	--	0.40	0.57

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

Bandhan Conservative Hybrid Fund Expense Ratio and Costs

What each plan charges a year, in force from 01-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Conservative Hybrid median	Cost rank (1 = cheapest)
Direct	0.74%	0.01%	0.00%	0.14%	0.89%	0.99%	7/18
Regular	1.67%	0.01%	0.00%	0.28%	1.96%	1.83%	13/18

The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Conservative Hybrid funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	0.53%	1.54%	1.01%	₹1,00,530	₹1,01,540
3 years	6.54%	7.57%	1.03% a year	₹1,20,931	₹1,24,473
5 years	4.59%	5.60%	1.01% a year	₹1,25,156	₹1,31,317
10 years	5.64%	6.62%	0.98% a year	₹1,73,095	₹1,89,840

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

Bandhan Conservative Hybrid Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planBandhan Conservative Hybrid Fund (Direct)	₹16,60,000	₹27,73,686	₹11,13,686	7.1%
Regular planBandhan Conservative Hybrid Fund (Regular)	₹16,60,000	₹25,73,094	₹9,13,094	6.1%
Category averageCategory average, 18 Conservative Hybrid funds	₹16,60,000	₹30,07,378	₹13,47,378	8.2%

₹0₹10.0 L₹20.0 L₹30.0 L₹40.0 L

2014201620182020202220242026

Direct planBandhan Conservative Hybrid Fund (Direct)Regular planBandhan Conservative Hybrid Fund (Regular)Category averageCategory average, 18 Conservative Hybrid fundsAmount invested

From each plan's published NAV (Growth option) and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

Bandhan Conservative Hybrid Fund Asset Allocation

Asset allocation as on 31-08-2026

What the fund holds

68.0%Debt

Asset	Fund	Category
Debt	68.0%	68.7%
Cash and others	20.8%	12.3%
Equity	11.2%	19.1%

Market cap of stocks

Market cap	Fund	Category
Large Cap	9.4%	12.8%
Mid Cap	1.8%	3.3%
Small Cap	0.0%	2.7%

Share of the whole fund. Category: the average of the Conservative Hybrid funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

Credit rating

Bonds and money market papers by credit rating, % of the fund. Category: the average of 18 Conservative Hybrid funds.

Rating	Fund	Category
Sovereign	19.2%	27.2%
AAA and A1+	34.0%	27.4%
AA	14.9%	12.7%
Unrated	0.0%	0.0%

Bandhan Conservative Hybrid Fund Sector Allocation

Sector allocation of the fund's stocks as on 31-08-2026

Largest sectors

IT - Software1.9%
Auto Components1.8%
Banks1.8%
Automobiles1.8%
Finance1.5%
Consumer Durables1.5%
Diversified FMCG0.9%

Bandhan Conservative Hybrid Fund Portfolio Holdings

As on 31-08-2026 · 24 holdings · from the fund house's monthly portfolio

Holdings	Sector / Rating	Weight%
Bandhan Nifty 50 ETF		12.96%
7.3% GOI (MD 19/06/2053) · Government security	SOVEREIGN	8.87%
8.57% Rajasthan SDL (MD 11/07/2028) · State government security	SOVEREIGN	5.88%
8.4% Godrej Industries Limited · Bond	CRISIL AA+	5.74%
7.77% REC Limited · Bond	CRISIL AAA	5.74%
7.75% LIC Housing Finance Limited · Bond	CRISIL AAA	5.73%
7.37% National Bank For Financing Infrastructure And Development · Bond	CRISIL AAA	5.68%
7.1% Bajaj Housing Finance Limited · Bond	CRISIL AAA	5.64%
6.66% Small Industries Dev Bank of India · Bond	CRISIL AAA	5.61%
Bank of India · Certificate of deposit	CRISIL A1+	5.55%
8.5% Godrej Housing Finance Limited · Bond	CRISIL AA+	4.59%
8.1% Aadhar Housing Finance Limited · Bond	CARE AA+	4.55%
8.28% GOI (M/D 21/09/2027) · Government security	SOVEREIGN	3.02%
Tata Consultancy Services Limited	IT - Software	1.94%
UNO Minda Limited	Auto Components	1.80%
HDFC Bank Limited	Banks	1.79%
Cholamandalam Investment and Finance Company Ltd	Finance	1.53%
Titan Company Limited	Consumer Durables	1.46%
7.38% GOI (MD 20/06/2027) · Government security	SOVEREIGN	1.39%
TVS Motor Company Limited	Automobiles	0.99%
ITC Limited	Diversified FMCG	0.94%
Maruti Suzuki India Limited	Automobiles	0.78%
Corporate Debt Market Development Fund Class A2		0.50%
TVS Motor Company Limited		0.03%

Bandhan Conservative Hybrid Fund Stocks Bought and Sold

August 2026 is the first month we hold for this fund, so there is no earlier month to compare it with.

What Bandhan Conservative Hybrid Fund bought and sold

Bandhan Conservative Hybrid Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Bandhan Retirement FundSolution · Bandhan	16.7%	8	Compare
Bandhan Equity Savings FundEquity Savings · Bandhan	10.1%	8	Compare
Mahindra Manulife Ultra Short To Short Term FundLow Duration · Mahindra Manulife	10.1%	3	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

Bandhan Conservative Hybrid Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.89%
Expense ratio (Regular): 1.96%
Category: Conservative Hybrid
Risk: Moderately High
Benchmark: CRISIL Hybrid 85+15 - Conservative Index
Launch date: 25-02-2010
Minimum investment: ₹1,000
Minimum additional investment: ₹1,000
AUM: ₹87.35 Cr (31-08-2026)
Lock in: None
Scheme code (Direct): 118491
ISIN (Direct): INF194K015B9
Scheme code (Regular): 112353
ISIN (Regular): INF194K01RW9
NAV history: From 02-01-2013, 13.8 years

Exit load: Exit Load for units in excess of 10% of the investment,0.25% will be charged for redemption within 7 days.

Tax on Bandhan Conservative Hybrid Fund returns

Bandhan Conservative Hybrid Fund is taxed as a debt fund: 65% or more of it is in bonds and money market papers.
For units bought on or after 01-04-2023, the gain is added to your income and taxed at your slab rate, however long you hold the units.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹36.9706	30-10-2026
direct	IDCW	₹12.9519	30-10-2026
direct	Quarterly IDCW	₹15.8986	30-10-2026
regular	Growth	₹32.6089	30-10-2026
regular	IDCW	₹10.9403	30-10-2026
regular	Quarterly IDCW	₹13.203	30-10-2026

About Bandhan Conservative Hybrid Fund

Bandhan Conservative Hybrid Fund is a mutual fund from Bandhan Mutual Fund. Its category is Conservative Hybrid. It was launched on 25-02-2010. Its benchmark is CRISIL Hybrid 85+15 - Conservative Index. At the end of August 2026 it held 24 securities.

Fund Manager

Harshal Joshi
Fund manager of Bandhan Conservative Hybrid Fund, since 28-07-2021
Viraj Kulkarni
Fund manager of Bandhan Conservative Hybrid Fund, since 07-01-2022

See all funds of Bandhan Mutual Fund

AUM change

August 2026: ₹87.35 Cr; First month on file

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare Bandhan Conservative Hybrid Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

Bandhan Conservative Hybrid vs Parag Parikh Conservative HybridConservative Hybrid
Bandhan Conservative Hybrid vs HSBC Conservative HybridConservative Hybrid
Bandhan Conservative Hybrid vs ICICI Prudential Conservative HybridConservative Hybrid
Bandhan Conservative Hybrid vs Nippon India Conservative HybridConservative Hybrid
Bandhan Conservative Hybrid vs Aditya Birla Sun Life Conservative HybridConservative Hybrid
Bandhan Conservative Hybrid vs Bandhan Retirement16.7% overlap
Bandhan Conservative Hybrid vs Bandhan Equity Savings10.1% overlap
Bandhan Conservative Hybrid vs Mahindra Manulife Ultra Short To Short Term10.1% overlap

Compare with any other fund

Frequently Asked Questions for Bandhan Conservative Hybrid Fund

What is the current NAV of Bandhan Conservative Hybrid Fund?

The Direct plan NAV is ₹36.9706. The Regular plan NAV is ₹32.6089, as on 30-10-2026.

What are the returns of Bandhan Conservative Hybrid Fund?

The Direct plan returned +1.54% in 1 year, +7.57% a year over 3 years, +5.60% a year over 5 years. The Regular plan returned +0.53% in 1 year, +6.54% a year over 3 years, +4.59% a year over 5 years. These figures are as on 30-10-2026.

What is the expense ratio of Bandhan Conservative Hybrid Fund?

The Direct plan charges 0.89% a year. The Regular plan charges 1.96% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.

What is the AUM of Bandhan Conservative Hybrid Fund?

Bandhan Conservative Hybrid Fund managed ₹87.35 Cr on 31-08-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Bandhan Conservative Hybrid Fund?

At the end of August 2026 the largest holdings were IDFNIFTYET (12.96%), 7.3% GOI (MD 19/06/2053) (8.87%), 8.57% Rajasthan SDL (MD 11/07/2028) (5.88%), 8.4% Godrej Industries Limited (5.74%), 7.77% REC Limited (5.74%). The fund held 24 securities in all.

How do I invest in Bandhan Conservative Hybrid Fund?

Through Bandhan Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹1,000. You can invest once or through a monthly SIP.

Who is the fund manager of Bandhan Conservative Hybrid Fund?

Harshal Joshi (since 28-07-2021), Viraj Kulkarni (since 07-01-2022).

What is the exit load of Bandhan Conservative Hybrid Fund?

Exit Load for units in excess of 10% of the investment,0.25% will be charged for redemption within 7 days.

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.