HDFC Medium to Long Term Fund vs UTI Conservative Hybrid Fund
Direct Plan, Growth option · Data as on 30-10-2026
HDFC Medium to Long Term Fund is a Medium to Long Duration fund and UTI Conservative Hybrid Fund is a Conservative Hybrid fund. In the 3 years to 30-10-2026, HDFC Medium to Long Term Fund (Direct) returned 6.5% a year and UTI Conservative Hybrid Fund (Direct) returned 7.5% a year. HDFC Medium to Long Term Fund charges 0.80% a year and UTI Conservative Hybrid Fund 1.25% (Direct plans). Their portfolios overlap 19.7%: they hold 9 of the same securities.
HDFC Medium to Long Term Fund
Medium to Long Duration
- 3 year return
- 6.5%
- Expense ratio
- 0.80%
- NAV
- ₹66.61
UTI Conservative Hybrid Fund
Conservative Hybrid
- 3 year return
- 7.5%
- Expense ratio
- 1.25%
- NAV
- ₹75.67
Which is better, HDFC Medium to Long Term or UTI 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.
- UTI Conservative Hybrid returned more over 5 years: 6.7% a year against 5.6%.
- UTI Conservative Hybrid returned more over 3 years: 7.5% a year against 6.5%.
- HDFC Medium to Long Term costs less: 0.80% a year against 1.25% (Direct plans).
- HDFC Medium to Long Term swung less over 3 years: a standard deviation of 2.3% a year against 3.9%.
- HDFC Medium to Long Term fell less in its worst fall since 02-01-2013: −10.6% against −14.4%.
- UTI Conservative Hybrid is the larger fund: ₹1,602 Cr against ₹813 Cr.
- Their portfolios overlap 19.7%: 9 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 | HDFC Medium to Long Term Fund | UTI Conservative Hybrid Fund |
|---|---|---|
| Fund house | HDFC Mutual Fund | UTI Mutual Fund |
| Category | Medium to Long Duration | Conservative Hybrid |
| AUM | ₹813 Cr (30-09-2026) | ₹1,602 Cr (30-09-2026) |
| NAV | ₹66.61 (Direct) | ₹75.67 (Direct) |
| Expense ratio (Direct) | 0.80% | 1.25% |
| Expense ratio (Regular) | 1.36% | 1.86% |
| Riskometer | Moderate | Moderately High |
| Benchmark | CRISIL Medium to Long Duration Debt A-III Index | Nifty 50 Hybrid Composite Debt 15:85 Conservative Index |
| Launch date | 11-09-2000 | 16-12-2003 |
| Minimum investment | ₹100 | Regular Plan-Monthly Payment Plan- Rs.25000, Regular Plan-Monthly Reinvestment of IDCW- Rs.25000, Regular Plan-Monthly Payout of IDCW- Rs.25000, Regular Plan-Growth- Rs.5000, Regular Plan-Flexi Reinvestment of IDCW- Rs.5000, Regular Plan-Flexi Payout of I |
| Lock in | None | None |
| Fund managers | Anupam Joshi, Gopal Agrawal | Amit Premchandani FM 1, Jaydeep Bhowal FM 2, Not Applicable FM 3, Not Applicable FM 4 |
| Exit load | NIL | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months. |
HDFC Medium to Long Term vs UTI 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 |
|---|---|---|---|---|---|---|---|
| HDFC Medium to Long Term Fund (Direct) | −0.76% | −1.26% | +1.76% | +2.78% | +6.53% | +5.56% | +5.65% |
| UTI Conservative Hybrid Fund (Direct) | −0.49% | −2.16% | +0.39% | −0.86% | +7.45% | +6.67% | +7.73% |
| Medium to Long Duration average | −0.59% | −0.88% | +1.83% | +2.86% | +6.52% | +5.71% | +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 13 Medium to Long Duration funds and the 18 Conservative Hybrid funds, same plan type.
HDFC Medium to Long Term vs UTI Conservative Hybrid: Year-wise Returns
| Year | HDFC Medium to Long TermHDFC Medium to Long Term | UTI Conservative HybridUTI Conservative Hybrid |
|---|---|---|
| 2026to date | +1.99% | −1.25% |
| 2025 | +6.14% | +6.72% |
| 2024 | +9.33% | +12.32% |
| 2023 | +7.37% | +11.96% |
| 2022 | +2.46% | +3.91% |
| 2021 | +3.22% | +13.83% |
HDFC Medium to Long Term vs UTI Conservative Hybrid: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 2,619 of them, one for each trading day from 04-01-2016 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.
HDFC Medium to Long Term Fund (Direct)
UTI Conservative Hybrid Fund (Direct)
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| HDFC Medium to Long Term | 0.0 | 11.5 | 76.7 | 11.8 | 0.0 | 0.0 | 0.0 | 7.2% | 6.8% | 3.5% | 14.6% |
| UTI Conservative Hybrid | 0.0 | 6.5 | 51.4 | 40.6 | 1.4 | 0.0 | 0.0 | 9.4% | 9.6% | 0.5% | 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. Every fund is measured over the days all of them have, from 02-01-2013. Past returns do not promise future returns.
HDFC Medium to Long Term vs UTI Conservative Hybrid: 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 01-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| HDFC Medium to Long TermHDFC Medium to Long Term Fund (Direct) | ₹16,60,000 | ₹26,20,807 | ₹9,60,807 | 6.3% |
| UTI Conservative HybridUTI Conservative Hybrid Fund (Direct) | ₹16,60,000 | ₹30,12,345 | ₹13,52,345 | 8.2% |
HDFC Medium to Long TermHDFC Medium to Long Term Fund (Direct)
UTI Conservative HybridUTI Conservative Hybrid Fund (Direct)
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.
HDFC Medium to Long Term vs UTI Conservative Hybrid: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | HDFC Medium to Long Term Fund (Direct) | UTI Conservative Hybrid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +2.78% | −0.86% |
| Standard deviation | 2.64% | 4.25% |
| Sharpe ratio | -0.94 | -1.44 |
| Sortino ratio | -1.28 | -1.90 |
| Maximum drawdown | −2.3% (23-10-2026) | −4.5% (30-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
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 | HDFC Medium to Long Term Fund (Direct) | UTI Conservative Hybrid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.53% | +7.45% |
| Standard deviation | 2.27% | 3.86% |
| Sharpe ratio | 0.22 | 0.37 |
| Sortino ratio | 0.32 | 0.51 |
| Maximum drawdown | −2.3% (23-10-2026) | −4.5% (30-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
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. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | HDFC Medium to Long Term Fund (Direct) | UTI Conservative Hybrid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.56% | +6.67% |
| Standard deviation | 2.28% | 3.81% |
| Sharpe ratio | -0.10 | 0.23 |
| Sortino ratio | -0.14 | 0.31 |
| Maximum drawdown | −2.6% (17-06-2022) | −4.9% (17-06-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
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. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | HDFC Medium to Long Term Fund (Direct) | UTI Conservative Hybrid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.90% | +8.94% |
| Standard deviation | 3.38% | 4.49% |
| Sharpe ratio | 0.25 | 0.64 |
| Sortino ratio | 0.35 | 0.86 |
| Maximum drawdown | −10.6% (19-08-2013) | −14.4% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
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.
HDFC Medium to Long Term Fund (Direct)
UTI Conservative Hybrid Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| HDFC Medium to Long Term Fund (Direct) | −10.6% | 27-05-2013 | 19-08-2013 | 23-05-2014 | 9 months | −2.1% |
| UTI Conservative Hybrid Fund (Direct) | −14.4% | 16-01-2020 | 23-03-2020 | 03-09-2020 | 5 months | −2.8% |
From daily values since 02-01-2013, 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.
HDFC Medium to Long Term Fund (Direct)
UTI Conservative Hybrid Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
HDFC Medium to Long Term Fund (Direct)
UTI Conservative Hybrid Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
HDFC Medium to Long Term Fund (Direct)
UTI Conservative Hybrid Fund (Direct)
HDFC Medium to Long Term vs UTI Conservative Hybrid: Portfolio Overlap
From each fund's latest monthly portfolio: HDFC Medium to Long Term Fund, September 2026; UTI Conservative Hybrid Fund, September 2026
Holdings in common
- Overlap
- 19.7%
- Held by both
- 9
- Only in HDFC Medium to Long Term
- 25
- Only in UTI Conservative Hybrid
- 93
| Security | % of HDFC Medium to Long Term | % of UTI Conservative Hybrid |
|---|---|---|
| 6.9% GOI MAT 150465 | 4.97% | 7.01% |
| 7.24% GOI MAT 180855 | 11.68% | 3.87% |
| Siddhivinayak Securitisation Trust (Originator - Sikka Ports & Terminals Limited) | 2.94% | 2.98% |
| 6.94% GOI MAT 110536 | 3.03% | 2.15% |
| Small Industries Development Bank | 3.06% | 1.55% |
| National Bank for Agri & Rural Dev. | 3.05% | 1.54% |
| REC Limited. | 6.11% | 1.45% |
| 7.71% GOI MAT 180566 | 1.85% | 0.94% |
| Corporate Debt Market Development Fund | 0.34% | 0.32% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 19.7% means 19.7% 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 HDFC Medium to Long Term Fund
| Security | % of fund |
|---|---|
| Small Industries Development Bank | 6.02% |
| 7.23% GOI MAT 150439 | 4.91% |
| HDB Financial Services Ltd. | 4.30% |
| Indian Railways Finance Corp. Ltd. | 4.28% |
| SMFG India Credit Company Ltd | 4.27% |
Largest holdings only in UTI Conservative Hybrid Fund
| Security | % of fund |
|---|---|
| NCD NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT | 4.61% |
| NCD REC LTD | 3.10% |
| NCD LIC HOUSING FINANCE LTD. | 3.08% |
| NCD JIO CREDIT LTD | 3.06% |
| 7.34% GSEC MAT- 22/04/2064 | 2.97% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | HDFC Medium to Long Term | UTI Conservative Hybrid |
|---|---|---|
| Equity | 0.0% | 24.1% |
| Debt | 94.3% | 66.1% |
| Cash and others | 5.7% | 9.8% |
Market cap of stocks
| Market cap | HDFC Medium to Long Term | UTI Conservative Hybrid |
|---|---|---|
| Large Cap | -- | 15.9% |
| Mid Cap | -- | 4.4% |
| Small Cap | -- | 3.6% |
| Not on AMFI's list | -- | 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 | HDFC Medium to Long Term | UTI Conservative Hybrid |
|---|---|---|
| Banks | 0.0% | 6.8% |
| IT - Software | 0.0% | 2.0% |
| Automobiles | 0.0% | 1.9% |
| Pharmaceuticals & Biotechnology | 0.0% | 1.6% |
| Realty | 0.0% | 1.1% |
| Telecom - Services | 0.0% | 1.0% |
The six largest sectors of each fund's stocks, % of the fund.
HDFC Medium to Long Term vs UTI Conservative Hybrid: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | HDFC Medium to Long Term Fund | UTI Conservative Hybrid Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.80% | 1.25% |
| Base expense ratio (Direct) | 0.68% | 1.04% |
| Total expense ratio (Regular) | 1.36% | 1.86% |
| Base expense ratio (Regular) | 1.17% | 1.58% |
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 HDFC Medium to Long Term with
Compare UTI Conservative Hybrid with
- UTI Conservative Hybrid vs Parag Parikh Conservative Hybrid
- UTI Conservative Hybrid vs HSBC Conservative Hybrid
- UTI Conservative Hybrid vs ICICI Prudential Conservative Hybrid
- UTI Conservative Hybrid vs Nippon India Conservative Hybrid
- UTI Conservative Hybrid vs Aditya Birla Sun Life Conservative Hybrid
HDFC Medium to Long Term Fund vs UTI Conservative Hybrid Fund: Frequently Asked Questions
What is the difference between HDFC Medium to Long Term Fund and UTI Conservative Hybrid Fund?
HDFC Medium to Long Term Fund is a Medium to Long Duration fund, UTI Conservative Hybrid Fund is a Conservative Hybrid fund, run by HDFC Mutual Fund and UTI Mutual Fund. Their portfolios overlap 19.7%. HDFC Medium to Long Term Fund charges 0.80% a year and UTI Conservative Hybrid Fund 1.25%.
Which has given higher returns, HDFC Medium to Long Term Fund or UTI Conservative Hybrid Fund?
Over 1 year: HDFC Medium to Long Term Fund +2.78%, UTI Conservative Hybrid Fund −0.86%. Over 3 years: HDFC Medium to Long Term Fund +6.53% a year, UTI Conservative Hybrid Fund +7.45% a year. Over 5 years: HDFC Medium to Long Term Fund +5.56% a year, UTI Conservative Hybrid Fund +6.67% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, HDFC Medium to Long Term Fund or UTI Conservative Hybrid Fund?
HDFC Medium to Long Term Fund charges less: 0.80% a year against 1.25%. These are the Direct plans' total expense ratios reported to AMFI.
How much do HDFC Medium to Long Term Fund and UTI Conservative Hybrid Fund overlap?
19.7%. They hold 9 of the same securities, the largest shared ones being 6.9% GOI MAT 150465, 7.24% GOI MAT 180855, Siddhivinayak Securitisation Trust (Originator - Sikka Ports & Terminals Limited). From each fund's latest monthly portfolio.
Which is riskier, HDFC Medium to Long Term Fund or UTI Conservative Hybrid Fund?
On SEBI's riskometer, HDFC Medium to Long Term Fund is rated Moderate and UTI Conservative Hybrid Fund Moderately High. Over 3 years, the standard deviation of daily returns was 2.27% and 3.86% a year.
Which is better for SIP, HDFC Medium to Long Term Fund or UTI Conservative Hybrid Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,04,505 in HDFC Medium to Long Term Fund (XIRR 5.6% a year) and ₹7,14,241 in UTI Conservative Hybrid Fund (XIRR 6.2% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both HDFC Medium to Long Term Fund and UTI Conservative Hybrid Fund?
Yes. 19.7% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages HDFC Medium to Long Term Fund and UTI Conservative Hybrid Fund?
HDFC Medium to Long Term Fund: Anupam Joshi, Gopal Agrawal. UTI Conservative Hybrid Fund: Amit Premchandani FM 1, Jaydeep Bhowal FM 2, Not Applicable FM 3, Not Applicable FM 4.
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.