Bank of India Conservative Hybrid Fund vs Zerodha Life Cycle Fund 2041
Direct Plan, Growth option · Data as on 30-10-2026
Bank of India Conservative Hybrid Fund is a Conservative Hybrid fund and Zerodha Life Cycle Fund 2041 is a mutual fund. Bank of India Conservative Hybrid Fund charges 1.18% a year and Zerodha Life Cycle Fund 2041 1.14% (Direct plans). Their portfolios overlap 15.8%: they hold 18 of the same securities.
Bank of India Conservative Hybrid Fund
Conservative Hybrid
- Expense ratio
- 1.18%
- NAV
- ₹37.63
Which is better, Bank of India Conservative Hybrid or Zerodha Life Cycle Fund 2041? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Zerodha Life Cycle Fund 2041 costs less: 1.14% a year against 1.18% (Direct plans).
- Bank of India Conservative Hybrid fell less in its worst fall since 13-07-2026: −2.1% against −9.8%.
- Zerodha Life Cycle Fund 2041 holds more in large companies: 41.2% of the fund in large caps against 11.2%.
- Bank of India Conservative Hybrid is the larger fund: ₹66 Cr against ₹18 Cr.
- Their portfolios overlap 15.8%: 18 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Bank of India Conservative Hybrid Fund | Zerodha Life Cycle Fund 2041 |
|---|---|---|
| Fund house | Bank of India Mutual Fund | Zerodha Mutual Fund |
| Category | Conservative Hybrid | Not available |
| AUM | ₹66 Cr (30-09-2026) | ₹18 Cr (30-09-2026) |
| NAV | ₹37.63 (Direct) | ₹9.33 (Direct) |
| Expense ratio (Direct) | 1.18% | 1.14% |
| Expense ratio (Regular) | 2.25% | Not available |
| Riskometer | Moderately High | Very High |
| Benchmark | CRISIL Hybrid 85+15 - Conservative Index | 65% Nifty 200 TRI + 5% Domestic prices of Physical Gold + 5% Domestic prices of Physical Silver + 25% CRISIL 10 year Gil |
| Launch date | 18-03-2009 | 10-07-2026 |
| Minimum investment | ₹5,000 | ₹100 |
| Lock in | None | Not available |
| Fund managers | Alok Singh | Kedarnath Mirajkar |
| Exit load | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months. | Nil |
Bank of India Conservative Hybrid vs Zerodha Life Cycle Fund 2041: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Bank of India Conservative Hybrid Fund (Direct) | −0.39% | −0.83% | +0.10% | +1.21% | +6.42% | +9.43% | +7.14% |
| Zerodha Life Cycle Fund 2041 (Direct) | −2.25% | −6.53% | -- | -- | -- | -- | -- |
| Conservative Hybrid average | −0.46% | −1.48% | +0.87% | +1.02% | +7.61% | +7.13% | +7.52% |
Category average: the average of the 18 Conservative Hybrid funds, same plan type.
Bank of India Conservative Hybrid vs Zerodha Life Cycle Fund 2041: Year-wise Returns
| Year | Bank of India Conservative HybridBank of India Conservative Hybrid | Zerodha Life Cycle Fund 2041Zerodha Life Cycle Fund 2041 |
|---|---|---|
| 2026to date | +1.20% | -- |
| 2025 | +5.18% | -- |
| 2024 | +8.00% | -- |
| 2023 | +11.32% | -- |
| 2022 | +22.17% | -- |
| 2021 | +9.00% | -- |
Bank of India Conservative Hybrid vs Zerodha Life Cycle Fund 2041: Rolling Returns
Every holding period of both funds
Bank of India Conservative Hybrid vs Zerodha Life Cycle Fund 2041: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bank of India Conservative Hybrid Fund (Direct) | Zerodha Life Cycle Fund 2041 (Direct) |
|---|---|---|
| Return (CAGR) | +8.02% | −20.26% |
| Standard deviation | 6.65% | 10.18% |
| Sharpe ratio | 0.30 | -2.51 |
| Sortino ratio | 0.57 | -2.97 |
| Maximum drawdown | −15.4% (23-03-2020) | −9.8% (23-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 14-01-2013 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. Beta and alpha compare each fund with its own benchmark's TRI.
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.
Bank of India Conservative Hybrid Fund (Direct)
Zerodha Life Cycle Fund 2041 (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bank of India Conservative Hybrid Fund (Direct) | −2.1% | 25-08-2026 | 23-10-2026 | Not yet | -- | −1.6% |
| Zerodha Life Cycle Fund 2041 (Direct) | −9.8% | 25-08-2026 | 23-10-2026 | Not yet | -- | −8.5% |
From daily values since 13-07-2026, the first day every fund has.
Bank of India Conservative Hybrid vs Zerodha Life Cycle Fund 2041: Portfolio Overlap
From each fund's latest monthly portfolio: Bank of India Conservative Hybrid Fund, September 2026; Zerodha Life Cycle Fund 2041, September 2026
Holdings in common
- Overlap
- 15.8%
- Held by both
- 18
- Only in Bank of India Conservative Hybrid
- 21
- Only in Zerodha Life Cycle Fund 2041
- 235
| Security | % of Bank of India Conservative Hybrid | % of Zerodha Life Cycle Fund 2041 |
|---|---|---|
| 6.94% Government of India (11/05/2036) | 7.47% | 12.35% |
| State Bank of India | 1.60% | 1.20% |
| ICICI Bank Limited | 1.20% | 2.83% |
| Bharti Airtel Limited | 0.93% | 1.61% |
| Larsen & Toubro Limited | 0.57% | 1.32% |
| Reliance Industries Limited | 0.52% | 2.39% |
| Mahindra & Mahindra Limited | 0.49% | 0.79% |
| NTPC Limited | 1.10% | 0.46% |
| Bharat Electronics Limited | 0.94% | 0.42% |
| Adani Ports and Special Economic Zone Limited | 1.05% | 0.39% |
| UltraTech Cement Limited | 0.48% | 0.39% |
| Power Grid Corporation of India Limited | 0.91% | 0.35% |
| Glenmark Pharmaceuticals Limited | 2.30% | 0.34% |
| Asian Paints Limited | 0.82% | 0.32% |
| Dr. Reddy's Laboratories Limited | 0.75% | 0.23% |
| HDFC Bank Limited | 0.21% | 3.24% |
| Britannia Industries Limited | 0.37% | 0.16% |
| Max Financial Services Limited | 0.16% | 0.35% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 15.8% means 15.8% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Bank of India Conservative Hybrid Fund
| Security | % of fund |
|---|---|
| 7.1% Government of India (18/04/2029) | 7.66% |
| 7.57% Indian Railway Finance Corporation Limited (18/04/2029) | 7.57% |
| Punjab National Bank (12/03/2027) | 5.89% |
| 6.27% Power Finance Corporation Limited (15/07/2027) | 4.51% |
| 7.73% Tata Capital Housing Finance Limited (14/01/2030) | 4.48% |
Largest holdings only in Zerodha Life Cycle Fund 2041
| Security | % of fund |
|---|---|
| Zerodha Gold ETF | 4.47% |
| Zerodha Silver ETF | 4.42% |
| BSE Ltd | 1.24% |
| Axis Bank Limited | 1.06% |
| Infosys Limited | 1.05% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bank of India Conservative Hybrid | Zerodha Life Cycle Fund 2041 |
|---|---|---|
| Equity | 19.0% | 76.7% |
| Debt | 56.6% | 12.3% |
| Cash and others | 24.5% | 11.0% |
Market cap of stocks
| Market cap | Bank of India Conservative Hybrid | Zerodha Life Cycle Fund 2041 |
|---|---|---|
| Large Cap | 11.2% | 41.2% |
| Mid Cap | 4.6% | 33.9% |
| Small Cap | 2.7% | 1.6% |
| Not on AMFI's list | 0.5% | 0.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Bank of India Conservative Hybrid | Zerodha Life Cycle Fund 2041 |
|---|---|---|
| Banks | 3.0% | 13.1% |
| Pharmaceuticals & Biotechnology | 3.0% | 5.3% |
| IT - Software | 0.0% | 4.5% |
| Finance | 0.0% | 4.5% |
| Electrical Equipment | 0.0% | 3.1% |
| Automobiles | 0.5% | 3.1% |
| Consumer Durables | 1.6% | 2.6% |
| Power | 2.0% | 2.5% |
| Non - Ferrous Metals | 1.4% | 0.8% |
| Transport Infrastructure | 1.1% | 0.9% |
The six largest sectors of each fund's stocks, % of the fund.
Bank of India Conservative Hybrid vs Zerodha Life Cycle Fund 2041: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bank of India Conservative Hybrid Fund | Zerodha Life Cycle Fund 2041 |
|---|---|---|
| Total expense ratio (Direct) | 1.18% | 1.14% |
| Base expense ratio (Direct) | 0.94% | 0.42% |
| Total expense ratio (Regular) | 2.25% | Not available |
| Base expense ratio (Regular) | 1.85% | 0.00% |
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, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Bank of India Conservative Hybrid with
- Bank of India Conservative Hybrid vs Parag Parikh Conservative Hybrid
- Bank of India Conservative Hybrid vs HSBC Conservative Hybrid
- Bank of India Conservative Hybrid vs ICICI Prudential Conservative Hybrid
- Bank of India Conservative Hybrid vs Nippon India Conservative Hybrid
- Bank of India Conservative Hybrid vs Aditya Birla Sun Life Conservative Hybrid
Bank of India Conservative Hybrid Fund vs Zerodha Life Cycle Fund 2041: Frequently Asked Questions
What is the difference between Bank of India Conservative Hybrid Fund and Zerodha Life Cycle Fund 2041?
Bank of India Conservative Hybrid Fund is a Conservative Hybrid fund, Zerodha Life Cycle Fund 2041 is a mutual fund, run by Bank of India Mutual Fund and Zerodha Mutual Fund. Their portfolios overlap 15.8%. Bank of India Conservative Hybrid Fund charges 1.18% a year and Zerodha Life Cycle Fund 2041 1.14%.
Which has the lower expense ratio, Bank of India Conservative Hybrid Fund or Zerodha Life Cycle Fund 2041?
Zerodha Life Cycle Fund 2041 charges less: 1.14% a year against 1.18%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Bank of India Conservative Hybrid Fund and Zerodha Life Cycle Fund 2041 overlap?
15.8%. They hold 18 of the same securities, the largest shared ones being 6.94% Government of India (11/05/2036), SBIN, ICICIBANK. From each fund's latest monthly portfolio.
Which is riskier, Bank of India Conservative Hybrid Fund or Zerodha Life Cycle Fund 2041?
On SEBI's riskometer, Bank of India Conservative Hybrid Fund is rated Moderately High and Zerodha Life Cycle Fund 2041 Very High. Over their common history, the standard deviation of daily returns was 6.65% and 10.18% a year.
Can I invest in both Bank of India Conservative Hybrid Fund and Zerodha Life Cycle Fund 2041?
Yes. 15.8% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Bank of India Conservative Hybrid Fund and Zerodha Life Cycle Fund 2041?
Bank of India Conservative Hybrid Fund: Alok Singh. Zerodha Life Cycle Fund 2041: Kedarnath Mirajkar.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
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.