DSP MSCI India ETF vs Sundaram Conservative Hybrid Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
DSP MSCI India ETF is a mutual fund and Sundaram Conservative Hybrid Fund is a Conservative Hybrid fund. DSP MSCI India ETF charges 0.16% a year and Sundaram Conservative Hybrid Fund 1.14%. Their portfolios overlap 16.2%: they hold 21 of the same securities.
Sundaram Conservative Hybrid Fund
Conservative Hybrid
- Expense ratio
- 1.14%
- NAV
- ₹32.36
Which is better, DSP MSCI India ETF or Sundaram Conservative Hybrid? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- DSP MSCI India ETF costs less: 0.16% a year against 1.14%.
- Sundaram Conservative Hybrid fell less in its worst fall since 25-11-2025: −4.2% against −14.6%.
- DSP MSCI India ETF holds more in large companies: 80.5% of the fund in large caps against 15.9%.
- Sundaram Conservative Hybrid is the larger fund: ₹18 Cr against ₹3 Cr.
- Their portfolios overlap 16.2%: 21 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 | DSP MSCI India ETF | Sundaram Conservative Hybrid Fund |
|---|---|---|
| Fund house | DSP Mutual Fund | Sundaram Mutual Fund |
| Category | Not available | Conservative Hybrid |
| AUM | ₹3 Cr (30-09-2026) | ₹18 Cr (30-09-2026) |
| NAV | ₹27.96 | ₹32.36 (Direct) |
| Expense ratio (Direct) | Not available | 1.14% |
| Expense ratio (Regular) | Not available | 1.89% |
| Riskometer | Not available | Moderate |
| Benchmark | Not available | CRISIL Hybrid 85+15 - Conservative Index |
| Launch date | Not available | 08-03-2010 |
| Minimum investment | Not available | For first investment - Rs.5000/- |
| Lock in | Not available | None |
| Fund managers | Not available | Kumaresh Ramakrishnan, Bharath |
| Exit load | Not available | NIL |
DSP MSCI India ETF vs Sundaram Conservative Hybrid: 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 |
|---|---|---|---|---|---|---|---|
| DSP MSCI India ETF | +0.34% | −5.94% | −3.51% | -- | -- | -- | -- |
| Sundaram Conservative Hybrid Fund (Direct) | +0.16% | −1.52% | +0.19% | −1.40% | +5.41% | +5.09% | +6.19% |
| 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.
DSP MSCI India ETF vs Sundaram Conservative Hybrid: Year-wise Returns
| Year | DSP MSCI India ETFDSP MSCI India ETF | Sundaram Conservative HybridSundaram Conservative Hybrid |
|---|---|---|
| 2026to date | −8.97% | −2.51% |
| 2025 | -- | +5.21% |
| 2024 | -- | +9.14% |
| 2023 | -- | +10.14% |
| 2022 | -- | +3.75% |
| 2021 | -- | +15.39% |
DSP MSCI India ETF vs Sundaram Conservative Hybrid: Rolling Returns
Every holding period of both funds
DSP MSCI India ETF vs Sundaram Conservative Hybrid: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | DSP MSCI India ETF | Sundaram Conservative Hybrid Fund (Direct) |
|---|---|---|
| Return (CAGR) | −8.48% | +7.46% |
| Standard deviation | 14.60% | 4.94% |
| Sharpe ratio | -0.94 | 0.29 |
| Sortino ratio | -1.24 | 0.38 |
| Maximum drawdown | −14.6% (31-03-2026) | −12.6% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 25-11-2025 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. 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.
DSP MSCI India ETF
Sundaram Conservative Hybrid Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| DSP MSCI India ETF | −14.6% | 02-01-2026 | 31-03-2026 | Not yet | -- | −10.1% |
| Sundaram Conservative Hybrid Fund (Direct) | −4.2% | 02-01-2026 | 30-03-2026 | Not yet | -- | −2.6% |
From daily values since 25-11-2025, the first day every fund has.
DSP MSCI India ETF vs Sundaram Conservative Hybrid: Portfolio Overlap
From each fund's latest monthly portfolio: DSP MSCI India ETF, September 2026; Sundaram Conservative Hybrid Fund, September 2026
Holdings in common
- Overlap
- 16.2%
- Held by both
- 21
- Only in DSP MSCI India ETF
- 143
- Only in Sundaram Conservative Hybrid
- 8
| Security | % of DSP MSCI India ETF | % of Sundaram Conservative Hybrid |
|---|---|---|
| Bharti Airtel Limited | 3.93% | 2.30% |
| Reliance Industries Limited | 5.44% | 1.94% |
| State Bank of India | 1.41% | 1.26% |
| HDFC Bank Limited | 6.44% | 1.16% |
| ICICI Bank Limited | 5.59% | 1.15% |
| Axis Bank Limited | 2.25% | 0.80% |
| Kotak Mahindra Bank Limited | 1.82% | 0.77% |
| Ultratech Cement Limited | 0.89% | 0.75% |
| HCL Technologies Limited | 0.86% | 0.67% |
| Tech Mahindra Limited | 0.65% | 0.83% |
| Hindustan Aeronautics Limited | 0.63% | 0.64% |
| Bajaj Auto Limited | 0.59% | 0.81% |
| Mahindra & Mahindra Limited | 2.05% | 0.56% |
| Infosys Limited | 2.41% | 0.55% |
| Larsen & Toubro Limited | 2.02% | 0.51% |
| Tata Motors Limited | 0.62% | 0.46% |
| Cummins India Limited | 0.50% | 0.39% |
| Marico Limited | 0.32% | 0.47% |
| Jindal Steel Limited | 0.32% | 0.31% |
| Lupin Limited | 0.37% | 0.22% |
| Alkem Laboratories Limited | 0.18% | 0.70% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 16.2% means 16.2% 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 DSP MSCI India ETF
| Security | % of fund |
|---|---|
| Bajaj Finance Limited | 1.90% |
| Tata Consultancy Services Limited | 1.33% |
| Sun Pharmaceutical Industries Limited | 1.30% |
| Titan Co Limited | 1.29% |
| Eternal Limited | 1.22% |
Largest holdings only in Sundaram Conservative Hybrid Fund
| Security | % of fund |
|---|---|
| 6.53% Government Stock - 07/09/2031 | 26.94% |
| 6.36% Central Government Securities 16/02/2031 | 21.42% |
| Power Finance Corporation Ltd - 6.96% - 02/03/2028 | 5.41% |
| BAJAJ HOUSING FINANCE LTD - 7.64% - 01/07/2030 | 5.35% |
| Bajaj Finance Ltd - 8.1167% - 10/05/2027 | 2.73% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | DSP MSCI India ETF | Sundaram Conservative Hybrid |
|---|---|---|
| Equity | 99.5% | 17.8% |
| Debt | 0.0% | 64.6% |
| Cash and others | 0.5% | 17.7% |
Market cap of stocks
| Market cap | DSP MSCI India ETF | Sundaram Conservative Hybrid |
|---|---|---|
| Large Cap | 80.5% | 15.9% |
| Mid Cap | 19.0% | 1.4% |
| Small Cap | 0.0% | 0.5% |
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 | DSP MSCI India ETF | Sundaram Conservative Hybrid |
|---|---|---|
| Banks | 20.3% | 5.1% |
| IT - Software | 6.5% | 0.0% |
| Petroleum Products | 6.4% | 1.9% |
| Finance | 6.3% | 0.0% |
| Automobiles | 6.2% | 1.4% |
| Pharmaceuticals & Biotechnology | 5.6% | 0.9% |
| Telecom - Services | 4.7% | 2.3% |
| It - Software | 0.0% | 2.1% |
The six largest sectors of each fund's stocks, % of the fund.
DSP MSCI India ETF vs Sundaram Conservative Hybrid: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | DSP MSCI India ETF | Sundaram Conservative Hybrid Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 1.14% |
| Base expense ratio (Direct) | 0.11% | 0.96% |
| Total expense ratio (Regular) | Not available | 1.89% |
| Base expense ratio (Regular) | 0.00% | 1.62% |
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 Sundaram Conservative Hybrid with
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- Sundaram Conservative Hybrid vs ICICI Prudential Conservative Hybrid
- Sundaram Conservative Hybrid vs Nippon India Conservative Hybrid
- Sundaram Conservative Hybrid vs Aditya Birla Sun Life Conservative Hybrid
DSP MSCI India ETF vs Sundaram Conservative Hybrid Fund: Frequently Asked Questions
What is the difference between DSP MSCI India ETF and Sundaram Conservative Hybrid Fund?
DSP MSCI India ETF is a mutual fund, Sundaram Conservative Hybrid Fund is a Conservative Hybrid fund, run by DSP Mutual Fund and Sundaram Mutual Fund. Their portfolios overlap 16.2%. DSP MSCI India ETF charges 0.16% a year and Sundaram Conservative Hybrid Fund 1.14%.
Which has the lower expense ratio, DSP MSCI India ETF or Sundaram Conservative Hybrid Fund?
DSP MSCI India ETF charges less: 0.16% a year against 1.14%. These are the total expense ratios reported to AMFI.
How much do DSP MSCI India ETF and Sundaram Conservative Hybrid Fund overlap?
16.2%. They hold 21 of the same securities, the largest shared ones being BHARTIARTL, RELIANCE, SBIN. From each fund's latest monthly portfolio.
Can I invest in both DSP MSCI India ETF and Sundaram Conservative Hybrid Fund?
Yes. 16.2% of each fund's money sits in the same holdings, so some of the two investments would move together.
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.