Franklin India Conservative Hybrid Fund vs Mirae Asset Nifty500 Multicap 50:25:25 ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Franklin India Conservative Hybrid Fund is a Conservative Hybrid fund and Mirae Asset Nifty500 Multicap 50:25:25 ETF is an ETF fund. In the year to 30-10-2026, Franklin India Conservative Hybrid Fund (Direct) returned 0.1% and Mirae Asset Nifty500 Multicap 50:25:25 ETF returned −6.2%. Franklin India Conservative Hybrid Fund charges 0.81% a year and Mirae Asset Nifty500 Multicap 50:25:25 ETF 0.26%. Their portfolios overlap 15.0%: they hold 43 of the same securities.
Franklin India Conservative Hybrid Fund
Conservative Hybrid
- 1 year return
- 0.1%
- Expense ratio
- 0.81%
- NAV
- ₹101.53
Mirae Asset Nifty500 Multicap 50:25:25 ETF
ETF
- 1 year return
- −6.2%
- Expense ratio
- 0.26%
- NAV
- ₹15.64
Which is better, Franklin India Conservative Hybrid or Mirae Asset Nifty500 Multicap 50:25:25 ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Franklin India Conservative Hybrid returned more over 1 year: 0.1% against −6.2%.
- Mirae Asset Nifty500 Multicap 50:25:25 ETF costs less: 0.26% a year against 0.81%.
- Franklin India Conservative Hybrid fell less in its worst fall since 02-09-2024: −3.9% against −19.9%.
- Mirae Asset Nifty500 Multicap 50:25:25 ETF holds more in large companies: 50.4% of the fund in large caps against 12.1%.
- Franklin India Conservative Hybrid is the larger fund: ₹208 Cr against ₹88 Cr.
- Their portfolios overlap 15.0%: 43 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 | Franklin India Conservative Hybrid Fund | Mirae Asset Nifty500 Multicap 50:25:25 ETF |
|---|---|---|
| Fund house | Franklin Templeton Mutual Fund | Mirae Asset Mutual Fund |
| Category | Conservative Hybrid | ETF |
| AUM | ₹208 Cr (30-09-2026) | ₹88 Cr (30-09-2026) |
| NAV | ₹101.53 (Direct) | ₹15.64 |
| Expense ratio (Direct) | 0.81% | Not available |
| Expense ratio (Regular) | 1.39% | Not available |
| Riskometer | Not available | Very High |
| Benchmark | CRISIL Hybrid 85+15 - Conservative Index | NIFTY 500 Multicap 50:25:25 Total Return Index |
| Launch date | 28-09-2000 | 30-07-2024 |
| Minimum investment | Plan A: 10000/1 | On exchange in multiple of 1 unit. With AMC: In multiples of 6,00,000 units |
| Lock in | None | None |
| Fund managers | Rahul Goswami, Rajasa Kakulavarapu, Venkatesh Sanjeevi, Rohan Maru, Sandeep Manam | Ekta Gala, amp, Ritesh Patel |
| Exit load | Nil | NIL |
Franklin India Conservative Hybrid vs Mirae Asset Nifty500 Multicap 50:25:25 ETF: 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 |
|---|---|---|---|---|---|---|---|
| Franklin India Conservative Hybrid Fund (Direct) | −0.38% | −0.84% | +1.04% | +0.09% | +7.55% | +6.89% | +7.18% |
| Mirae Asset Nifty500 Multicap 50:25:25 ETF | −1.86% | −6.25% | −2.33% | −6.23% | -- | -- | -- |
| 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.
Franklin India Conservative Hybrid vs Mirae Asset Nifty500 Multicap 50:25:25 ETF: Year-wise Returns
| Year | Franklin India Conservative HybridFranklin India Conservative Hybrid | Mirae Asset Nifty500 Multicap 50:25:25 ETFMirae Asset Nifty500 Multicap 50:25:25 ETF |
|---|---|---|
| 2026to date | −0.21% | −5.72% |
| 2025 | +6.66% | +5.08% |
| 2024 | +11.47% | -- |
| 2023 | +12.26% | -- |
| 2022 | +4.82% | -- |
| 2021 | +8.85% | -- |
Franklin India Conservative Hybrid vs Mirae Asset Nifty500 Multicap 50:25:25 ETF: Rolling Returns
Every holding period of both funds, against Nifty500 Multicap 50:25:25 TRI, the benchmark of Mirae Asset Nifty500 Multicap 50:25:25 ETF
Rolling returns
Every 1-year holding period, 285 of them, one for each trading day from 02-09-2025 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Franklin India Conservative Hybrid Fund (Direct)
Mirae Asset Nifty500 Multicap 50:25:25 ETF
Nifty500 Multicap 50:25:25 TRI
to
Oct 2025Dec 2024
to
Dec 2025Feb 2025
to
Feb 2026May 2025
to
May 2026Jul 2025
to
Jul 2026Sept 2025
to
Sept 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Franklin India Conservative Hybrid | 1.4 | 51.9 | 46.7 | 0.0 | 0.0 | 0.0 | 0.0 | 4.3% | 3.9% | −0.5% | 8.3% | 57% |
| Mirae Asset Nifty500 Multicap 50:25:25 ETF | 26.9 | 37.4 | 28.3 | 5.6 | 1.7 | 0.0 | 0.0 | 3.3% | 3.1% | −7.7% | 15.9% | 1% |
| Nifty500 Multicap 50:25:25 TRI | 26.0 | 35.8 | 29.8 | 6.3 | 2.1 | 0.0 | 0.0 | 3.5% | 3.3% | −7.6% | 16.2% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty500 Multicap 50:25:25 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 02-09-2024. Past returns do not promise future returns.
Franklin India Conservative Hybrid vs Mirae Asset Nifty500 Multicap 50:25:25 ETF: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 02-09-2024 to 30-10-2026: 26 instalments, ₹2,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Franklin India Conservative HybridFranklin India Conservative Hybrid Fund (Direct) | ₹2,60,000 | ₹2,67,022 | ₹7,022 | 2.4% |
| Mirae Asset Nifty500 Multicap 50:25:25 ETFMirae Asset Nifty500 Multicap 50:25:25 ETF | ₹2,60,000 | ₹2,55,996 | −₹4,004 | −1.4% |
Franklin India Conservative HybridFranklin India Conservative Hybrid Fund (Direct)
Mirae Asset Nifty500 Multicap 50:25:25 ETFMirae Asset Nifty500 Multicap 50:25:25 ETF
Amount invested
From each plan's published NAV (Growth option), 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.
Franklin India Conservative Hybrid vs Mirae Asset Nifty500 Multicap 50:25:25 ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Franklin India Conservative Hybrid Fund (Direct) | Mirae Asset Nifty500 Multicap 50:25:25 ETF |
|---|---|---|
| Return (CAGR) | +0.09% | −6.23% |
| Standard deviation | 3.88% | 15.06% |
| Sharpe ratio | -1.33 | -0.76 |
| Sortino ratio | -1.77 | -1.01 |
| Maximum drawdown | −3.9% (30-03-2026) | −14.6% (31-03-2026) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.21% |
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. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Franklin India Conservative Hybrid Fund (Direct) | Mirae Asset Nifty500 Multicap 50:25:25 ETF |
|---|---|---|
| Return (CAGR) | +8.60% | −2.73% |
| Standard deviation | 4.18% | 14.87% |
| Sharpe ratio | 0.61 | -0.57 |
| Sortino ratio | 0.83 | -0.76 |
| Maximum drawdown | −11.9% (23-03-2020) | −19.9% (03-03-2025) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.26% |
From daily NAVs, 01-01-2013 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.
Franklin India Conservative Hybrid Fund (Direct)
Mirae Asset Nifty500 Multicap 50:25:25 ETF
Nifty500 Multicap 50:25:25 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Franklin India Conservative Hybrid Fund (Direct) | −3.9% | 02-01-2026 | 30-03-2026 | 01-07-2026 | 3 months | −1.6% |
| Mirae Asset Nifty500 Multicap 50:25:25 ETF | −19.9% | 26-09-2024 | 03-03-2025 | Not yet | -- | −8.2% |
| Nifty500 Multicap 50:25:25 TRI | −19.8% | 26-09-2024 | 03-03-2025 | 03-08-2026 | 17 months | −8.0% |
From daily values since 02-09-2024, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Franklin India Conservative Hybrid Fund (Direct)
Mirae Asset Nifty500 Multicap 50:25:25 ETF
Nifty500 Multicap 50:25:25 TRI
Against Nifty500 Multicap 50:25:25 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Franklin India Conservative Hybrid Fund (Direct) | 35% | 18% | 13.35% |
| Mirae Asset Nifty500 Multicap 50:25:25 ETF | 99% | 100% | 0.05% |
From month-end values since 02-09-2024. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Franklin India Conservative Hybrid vs Mirae Asset Nifty500 Multicap 50:25:25 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Franklin India Conservative Hybrid Fund, September 2026; Mirae Asset Nifty500 Multicap 50:25:25 ETF, September 2026
Holdings in common
- Overlap
- 15.0%
- Held by both
- 43
- Only in Franklin India Conservative Hybrid
- 20
- Only in Mirae Asset Nifty500 Multicap 50:25:25 ETF
- 456
| Security | % of Franklin India Conservative Hybrid | % of Mirae Asset Nifty500 Multicap 50:25:25 ETF |
|---|---|---|
| Axis Bank Ltd | 1.01% | 1.36% |
| HDFC Bank Ltd | 0.95% | 4.20% |
| ICICI Bank Ltd | 0.89% | 3.67% |
| State Bank of India | 0.88% | 1.53% |
| Eternal Ltd | 0.77% | 0.90% |
| Infosys Ltd | 0.65% | 1.36% |
| Larsen & Toubro Ltd | 0.65% | 1.70% |
| Mahindra & Mahindra Ltd | 0.64% | 1.02% |
| Bharti Airtel Ltd | 0.63% | 2.07% |
| Bharat Electronics Ltd | 0.66% | 0.54% |
| Reliance Industries Ltd | 0.51% | 3.07% |
| Ultratech Cement Ltd | 0.42% | 0.50% |
| Tata Steel Ltd | 0.38% | 0.59% |
| TVS Motor Co Ltd | 0.49% | 0.37% |
| Asian Paints Ltd | 0.35% | 0.42% |
| Dixon Technologies (India) Ltd | 0.38% | 0.33% |
| Cipla Ltd | 0.42% | 0.29% |
| Dr. Reddy's Laboratories Ltd | 0.40% | 0.29% |
| RBL Bank Ltd | 0.43% | 0.28% |
| Cholamandalam Investment and Finance Co Ltd | 0.39% | 0.27% |
| Ashok Leyland Ltd | 0.37% | 0.27% |
| Marico Ltd | 0.49% | 0.26% |
| Interglobe Aviation Ltd | 0.24% | 0.44% |
| ICICI Lombard General Insurance Co Ltd | 0.27% | 0.24% |
| Lenskart Solutions Ltd | 0.24% | 0.31% |
| Tata Power Co Ltd | 0.43% | 0.23% |
| PB Fintech Ltd | 0.23% | 0.23% |
| Phoenix Mills Ltd | 0.37% | 0.22% |
| Britannia Industries Ltd | 0.46% | 0.22% |
| Kirloskar Oil Engines Ltd | 0.53% | 0.22% |
| Angel One Ltd | 0.33% | 0.20% |
| Suzlon Energy Ltd | 0.19% | 0.29% |
| 360 One Wam Ltd | 0.30% | 0.17% |
| Amber Enterprises India Ltd | 0.32% | 0.16% |
| Data Patterns India Ltd | 0.21% | 0.15% |
| Exide Industries Ltd | 0.34% | 0.12% |
| Hyundai Motor India Ltd | 0.29% | 0.11% |
| Pine Labs Ltd | 0.38% | 0.11% |
| Astral Ltd | 0.36% | 0.10% |
| Global Health Ltd | 0.24% | 0.07% |
| TBO Tek Ltd | 0.23% | 0.07% |
| Emmvee Photovoltaic Power Ltd | 0.19% | 0.05% |
| Timken India Ltd | 0.04% | 0.13% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 15.0% means 15.0% 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 Franklin India Conservative Hybrid Fund
| Security | % of fund |
|---|---|
| 7.82% Bajaj Finance Ltd (31-Jan-2034) | 7.56% |
| Indian Bank (06-Nov-2026) | 7.17% |
| 0.00% Jubilant Bevco Ltd (31-May-2028) | 7.03% |
| 7.68% Small Industries Development Bank Of India (10-Aug-2027) | 5.00% |
| 7.90% Bajaj Housing Finance Ltd (28-Apr-2028) | 4.95% |
Largest holdings only in Mirae Asset Nifty500 Multicap 50:25:25 ETF
| Security | % of fund |
|---|---|
| Kotak Mahindra Bank Ltd. | 1.19% |
| Bajaj Finance Ltd. | 1.01% |
| ITC Ltd. | 0.98% |
| Tata Consultancy Services Ltd. | 0.81% |
| Sun Pharmaceutical Industries Ltd. | 0.74% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Franklin India Conservative Hybrid | Mirae Asset Nifty500 Multicap 50:25:25 ETF |
|---|---|---|
| Equity | 19.9% | 98.9% |
| Debt | 63.3% | 0.0% |
| Cash and others | 16.8% | 1.1% |
Market cap of stocks
| Market cap | Franklin India Conservative Hybrid | Mirae Asset Nifty500 Multicap 50:25:25 ETF |
|---|---|---|
| Large Cap | 12.1% | 50.4% |
| Mid Cap | 3.6% | 24.3% |
| Small Cap | 3.8% | 24.0% |
| Not on AMFI's list | 0.4% | 0.3% |
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 | Franklin India Conservative Hybrid | Mirae Asset Nifty500 Multicap 50:25:25 ETF |
|---|---|---|
| Banks | 4.2% | 16.0% |
| Finance | 0.4% | 6.7% |
| Pharmaceuticals & Biotechnology | 1.0% | 6.4% |
| IT - Software | 0.7% | 4.9% |
| Automobiles | 1.4% | 4.1% |
| Petroleum Products | 0.5% | 3.9% |
| Capital Markets | 1.0% | 3.2% |
| Retailing | 1.0% | 3.2% |
| Consumer Durables | 1.0% | 2.9% |
The six largest sectors of each fund's stocks, % of the fund.
Franklin India Conservative Hybrid vs Mirae Asset Nifty500 Multicap 50:25:25 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Franklin India Conservative Hybrid Fund | Mirae Asset Nifty500 Multicap 50:25:25 ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.81% | Not available |
| Base expense ratio (Direct) | 0.64% | 0.00% |
| Total expense ratio (Regular) | 1.39% | Not available |
| Base expense ratio (Regular) | 1.14% | 0.13% |
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 Franklin India Conservative Hybrid with
- Franklin India Conservative Hybrid vs Parag Parikh Conservative Hybrid
- Franklin India Conservative Hybrid vs HSBC Conservative Hybrid
- Franklin India Conservative Hybrid vs ICICI Prudential Conservative Hybrid
- Franklin India Conservative Hybrid vs Nippon India Conservative Hybrid
- Franklin India Conservative Hybrid vs Aditya Birla Sun Life Conservative Hybrid
Franklin India Conservative Hybrid Fund vs Mirae Asset Nifty500 Multicap 50:25:25 ETF: Frequently Asked Questions
What is the difference between Franklin India Conservative Hybrid Fund and Mirae Asset Nifty500 Multicap 50:25:25 ETF?
Franklin India Conservative Hybrid Fund is a Conservative Hybrid fund, Mirae Asset Nifty500 Multicap 50:25:25 ETF is an ETF fund, run by Franklin Templeton Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 15.0%. Franklin India Conservative Hybrid Fund charges 0.81% a year and Mirae Asset Nifty500 Multicap 50:25:25 ETF 0.26%.
Which has given higher returns, Franklin India Conservative Hybrid Fund or Mirae Asset Nifty500 Multicap 50:25:25 ETF?
Over 1 year: Franklin India Conservative Hybrid Fund +0.09%, Mirae Asset Nifty500 Multicap 50:25:25 ETF −6.23%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Franklin India Conservative Hybrid Fund or Mirae Asset Nifty500 Multicap 50:25:25 ETF?
Mirae Asset Nifty500 Multicap 50:25:25 ETF charges less: 0.26% a year against 0.81%. These are the total expense ratios reported to AMFI.
How much do Franklin India Conservative Hybrid Fund and Mirae Asset Nifty500 Multicap 50:25:25 ETF overlap?
15.0%. They hold 43 of the same securities, the largest shared ones being AXISBANK, HDFCBANK, ICICIBANK. From each fund's latest monthly portfolio.
Can I invest in both Franklin India Conservative Hybrid Fund and Mirae Asset Nifty500 Multicap 50:25:25 ETF?
Yes. 15.0% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Franklin India Conservative Hybrid Fund and Mirae Asset Nifty500 Multicap 50:25:25 ETF?
Franklin India Conservative Hybrid Fund: Rahul Goswami, Rajasa Kakulavarapu, Venkatesh Sanjeevi, Rohan Maru, Sandeep Manam. Mirae Asset Nifty500 Multicap 50:25:25 ETF: Ekta Gala, amp, Ritesh Patel.
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.