Kotak Conservative Hybrid Fund vs Kotak Medium to Long Term Fund
Direct Plan, Growth option · Data as on 30-10-2026
Kotak Conservative Hybrid Fund is a Conservative Hybrid fund and Kotak Medium to Long Term Fund is a Medium to Long Duration fund. In the 3 years to 30-10-2026, Kotak Conservative Hybrid Fund (Direct) returned 8.3% a year and Kotak Medium to Long Term Fund (Direct) returned 6.8% a year. Kotak Conservative Hybrid Fund charges 0.60% a year and Kotak Medium to Long Term Fund 0.74% (Direct plans). Their portfolios overlap 25.2%: they hold 16 of the same securities.
Kotak Conservative Hybrid Fund
Conservative Hybrid
- 3 year return
- 8.3%
- Expense ratio
- 0.60%
- NAV
- ₹68.74
Kotak Medium to Long Term Fund
Medium to Long Duration
- 3 year return
- 6.8%
- Expense ratio
- 0.74%
- NAV
- ₹89.78
Which is better, Kotak Conservative Hybrid or Kotak Medium to Long Term? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Kotak Conservative Hybrid returned more over 5 years: 7.9% a year against 5.9%.
- Kotak Conservative Hybrid returned more over 3 years: 8.3% a year against 6.8%.
- Kotak Conservative Hybrid costs less: 0.60% a year against 0.74% (Direct plans).
- Kotak Medium to Long Term swung less over 3 years: a standard deviation of 2.1% a year against 4.4%.
- Kotak Medium to Long Term fell less in its worst fall since 30-01-2013: −9.9% against −11.8%.
- Kotak Conservative Hybrid is the larger fund: ₹2,733 Cr against ₹1,760 Cr.
- Their portfolios overlap 25.2%: 16 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 | Kotak Conservative Hybrid Fund | Kotak Medium to Long Term Fund |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | Conservative Hybrid | Medium to Long Duration |
| AUM | ₹2,733 Cr (30-09-2026) | ₹1,760 Cr (30-09-2026) |
| NAV | ₹68.74 (Direct) | ₹89.78 (Direct) |
| Expense ratio (Direct) | 0.60% | 0.74% |
| Expense ratio (Regular) | 1.77% | 1.65% |
| Riskometer | High | Moderate |
| Benchmark | CRISIL Hybrid 85+15 - Conservative Index | CRISIL Medium to Long Duration Debt A-III Index |
| Launch date | 02-12-2003 | 25-11-1999 |
| Minimum investment | ₹100 | ₹100 |
| Lock in | None | None |
| Fund managers | Shibani Sircar Kurian, Abhishek Bisen | Abhishek Bisen |
| Exit load | Exit load for units in excess of 8% of the investment,1% will be charged for redemption within 6 months. | Nil |
Kotak Conservative Hybrid vs Kotak Medium to Long Term: 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 |
|---|---|---|---|---|---|---|---|
| Kotak Conservative Hybrid Fund (Direct) | −0.55% | −1.88% | +0.75% | +0.20% | +8.35% | +7.87% | +9.22% |
| Kotak Medium to Long Term Fund (Direct) | −0.71% | −1.08% | +2.11% | +2.97% | +6.82% | +5.91% | +6.62% |
| Conservative Hybrid average | −0.46% | −1.48% | +0.87% | +1.02% | +7.61% | +7.13% | +7.52% |
| Medium to Long Duration average | −0.59% | −0.88% | +1.83% | +2.86% | +6.52% | +5.71% | +6.19% |
Category average: the average of the 18 Conservative Hybrid funds and the 13 Medium to Long Duration funds, same plan type.
Kotak Conservative Hybrid vs Kotak Medium to Long Term: Year-wise Returns
| Year | Conservative HybridKotak Conservative Hybrid | Medium to Long TermKotak Medium to Long Term |
|---|---|---|
| 2026to date | −0.70% | +2.36% |
| 2025 | +6.52% | +6.43% |
| 2024 | +12.80% | +9.26% |
| 2023 | +15.40% | +8.02% |
| 2022 | +5.71% | +2.89% |
| 2021 | +14.79% | +3.49% |
Kotak Conservative Hybrid vs Kotak Medium to Long Term: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 2,600 of them, one for each trading day from 01-02-2016 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.
Kotak Conservative Hybrid Fund (Direct)
Kotak Medium to Long Term Fund (Direct)
to
Dec 2016Oct 2015
to
Oct 2018Aug 2017
to
Aug 2020Jun 2019
to
Jun 2022Apr 2021
to
Apr 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Kotak Conservative Hybrid | 0.0 | 0.3 | 32.4 | 64.2 | 3.1 | 0.0 | 0.0 | 11.1% | 11.4% | 3.7% | 16.2% |
| Kotak Medium to Long Term | 0.0 | 3.5 | 79.9 | 16.5 | 0.0 | 0.0 | 0.0 | 7.9% | 7.5% | 4.6% | 13.6% |
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 30-01-2013. Past returns do not promise future returns.
Kotak Conservative Hybrid vs Kotak Medium to Long Term: 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 30-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Kotak Conservative HybridKotak Conservative Hybrid Fund (Direct) | ₹16,60,000 | ₹33,93,828 | ₹17,33,828 | 9.8% |
| Kotak Medium to Long TermKotak Medium to Long Term Fund (Direct) | ₹16,60,000 | ₹27,65,502 | ₹11,05,502 | 7.1% |
Kotak Conservative HybridKotak Conservative Hybrid Fund (Direct)
Kotak Medium to Long TermKotak Medium to Long Term 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.
Kotak Conservative Hybrid vs Kotak Medium to Long Term: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak Conservative Hybrid Fund (Direct) | Kotak Medium to Long Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +0.20% | +2.97% |
| Standard deviation | 4.19% | 2.29% |
| Sharpe ratio | -1.20 | -0.99 |
| Sortino ratio | -1.57 | -1.30 |
| Maximum drawdown | −4.0% (30-03-2026) | −2.3% (27-10-2026) |
| 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 | Kotak Conservative Hybrid Fund (Direct) | Kotak Medium to Long Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.35% | +6.82% |
| Standard deviation | 4.40% | 2.09% |
| Sharpe ratio | 0.53 | 0.38 |
| Sortino ratio | 0.72 | 0.53 |
| Maximum drawdown | −4.0% (30-03-2026) | −2.3% (27-10-2026) |
| 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 | Kotak Conservative Hybrid Fund (Direct) | Kotak Medium to Long Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.87% | +5.91% |
| Standard deviation | 4.23% | 2.10% |
| Sharpe ratio | 0.49 | 0.05 |
| Sortino ratio | 0.67 | 0.07 |
| Maximum drawdown | −4.4% (17-06-2022) | −2.4% (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 | Kotak Conservative Hybrid Fund (Direct) | Kotak Medium to Long Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.08% | +7.43% |
| Standard deviation | 4.74% | 3.53% |
| Sharpe ratio | 0.85 | 0.39 |
| Sortino ratio | 1.16 | 0.55 |
| Maximum drawdown | −11.8% (23-03-2020) | −9.9% (19-08-2013) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-01-2013 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.
Kotak Conservative Hybrid Fund (Direct)
Kotak Medium to Long Term Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Kotak Conservative Hybrid Fund (Direct) | −11.8% | 20-02-2020 | 23-03-2020 | 03-07-2020 | 3 months | −2.6% |
| Kotak Medium to Long Term Fund (Direct) | −9.9% | 27-05-2013 | 19-08-2013 | 29-05-2014 | 9 months | −2.0% |
From daily values since 30-01-2013, 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.
Kotak Conservative Hybrid Fund (Direct)
Kotak Medium to Long Term 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.
Kotak Conservative Hybrid Fund (Direct)
Kotak Medium to Long Term 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.
Kotak Conservative Hybrid Fund (Direct)
Kotak Medium to Long Term Fund (Direct)
Kotak Conservative Hybrid vs Kotak Medium to Long Term: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak Conservative Hybrid Fund, September 2026; Kotak Medium to Long Term Fund, September 2026
Holdings in common
- Overlap
- 25.2%
- Held by both
- 16
- Only in Kotak Conservative Hybrid
- 99
- Only in Kotak Medium to Long Term
- 22
| Security | % of Kotak Conservative Hybrid | % of Kotak Medium to Long Term |
|---|---|---|
| Central Government - 2055 | 7.12% | 15.79% |
| Power Finance Corporation Ltd. | 3.62% | 5.61% |
| PTC SIDDHIVINAYAK SECURITISATION TRUST 28/09/2030(SIDDHIVINAYAK TRUST) | 2.62% | 4.07% |
| PTC SHIVSHAKTI SECURITISATION TRUST 28/09/2029(SHIVSHAKTI TRUST) | 2.62% | 4.07% |
| National Housing Bank | 2.10% | 7.60% |
| Central Government - 2065 | 6.80% | 1.89% |
| LIC HOUSING FINANCE LTD. | 2.72% | 1.33% |
| Bihar State Govt - 2034 - Bihar | 1.25% | 4.45% |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT | 0.90% | 1.39% |
| Power Finance Corporation Ltd. | 0.54% | 0.56% |
| SBI ALTERNATIVE INVESTMENT FUND | 0.34% | 0.35% |
| RAAJMARG INFRA INVESTMENT TRUST | 0.30% | 0.46% |
| Power Finance Corporation Ltd. | 0.22% | 2.84% |
| Bihar State Govt - 2035 - Bihar | 0.17% | 1.33% |
| GS CG 25/11/2035 - (STRIPS) | 0.58% | 0.16% |
| INDUS INFRA TRUST | 0.06% | 0.47% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 25.2% means 25.2% 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 Kotak Conservative Hybrid Fund
| Security | % of fund |
|---|---|
| JTPM METAL TRADERS PVT LTD ( CATALYST TRUSTEESHIP LIMITE) | 3.95% |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT | 3.62% |
| 360 ONE PRIME LTD. | 1.84% |
| VEDANTA LTD. | 1.83% |
| MUTHOOT FINANCE LTD.(^) | 1.83% |
Largest holdings only in Kotak Medium to Long Term Fund
| Security | % of fund |
|---|---|
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA(^) | 5.69% |
| Central Government - 2054 | 5.31% |
| CAPITAL INFRA TRUST | 4.58% |
| Bihar State Govt - 2036 - Bihar | 3.32% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA | 1.42% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak Conservative Hybrid | Kotak Medium to Long Term |
|---|---|---|
| Equity | 23.0% | 0.0% |
| Debt | 59.7% | 75.8% |
| Cash and others | 17.3% | 24.2% |
Market cap of stocks
| Market cap | Kotak Conservative Hybrid | Kotak Medium to Long Term |
|---|---|---|
| Large Cap | 14.8% | -- |
| Mid Cap | 6.6% | -- |
| Small Cap | 0.9% | -- |
| Not on AMFI's list | 0.6% | -- |
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 | Kotak Conservative Hybrid | Kotak Medium to Long Term |
|---|---|---|
| Banks | 6.0% | 0.0% |
| Automobiles | 1.9% | 0.0% |
| Telecom - Services | 1.5% | 0.0% |
| Pharmaceuticals and Biotechnology | 1.5% | 0.0% |
| IT - Software | 1.3% | 0.0% |
| Healthcare Services | 1.2% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
Kotak Conservative Hybrid vs Kotak Medium to Long Term: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak Conservative Hybrid Fund | Kotak Medium to Long Term Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.60% | 0.74% |
| Base expense ratio (Direct) | 0.49% | 0.63% |
| Total expense ratio (Regular) | 1.77% | 1.65% |
| Base expense ratio (Regular) | 1.48% | 1.40% |
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 Kotak Conservative Hybrid with
- Kotak Conservative Hybrid vs Parag Parikh Conservative Hybrid
- Kotak Conservative Hybrid vs HSBC Conservative Hybrid
- Kotak Conservative Hybrid vs ICICI Prudential Conservative Hybrid
- Kotak Conservative Hybrid vs Nippon India Conservative Hybrid
- Kotak Conservative Hybrid vs Aditya Birla Sun Life Conservative Hybrid
Kotak Conservative Hybrid Fund vs Kotak Medium to Long Term Fund: Frequently Asked Questions
What is the difference between Kotak Conservative Hybrid Fund and Kotak Medium to Long Term Fund?
Kotak Conservative Hybrid Fund is a Conservative Hybrid fund, Kotak Medium to Long Term Fund is a Medium to Long Duration fund, run by Kotak Mahindra Mutual Fund. Their portfolios overlap 25.2%. Kotak Conservative Hybrid Fund charges 0.60% a year and Kotak Medium to Long Term Fund 0.74%.
Which has given higher returns, Kotak Conservative Hybrid Fund or Kotak Medium to Long Term Fund?
Over 1 year: Kotak Conservative Hybrid Fund +0.20%, Kotak Medium to Long Term Fund +2.97%. Over 3 years: Kotak Conservative Hybrid Fund +8.35% a year, Kotak Medium to Long Term Fund +6.82% a year. Over 5 years: Kotak Conservative Hybrid Fund +7.87% a year, Kotak Medium to Long Term Fund +5.91% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Kotak Conservative Hybrid Fund or Kotak Medium to Long Term Fund?
Kotak Conservative Hybrid Fund charges less: 0.60% a year against 0.74%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Kotak Conservative Hybrid Fund and Kotak Medium to Long Term Fund overlap?
25.2%. They hold 16 of the same securities, the largest shared ones being Central Government - 2055, Power Finance Corporation Ltd., PTC SIDDHIVINAYAK SECURITISATION TRUST 28/09/2030(SIDDHIVINAYAK TRUST). From each fund's latest monthly portfolio.
Which is riskier, Kotak Conservative Hybrid Fund or Kotak Medium to Long Term Fund?
On SEBI's riskometer, Kotak Conservative Hybrid Fund is rated High and Kotak Medium to Long Term Fund Moderate. Over 3 years, the standard deviation of daily returns was 4.40% and 2.09% a year.
Which is better for SIP, Kotak Conservative Hybrid Fund or Kotak Medium to Long Term Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,30,782 in Kotak Conservative Hybrid Fund (XIRR 7.1% a year) and ₹7,10,707 in Kotak Medium to Long Term Fund (XIRR 6.0% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Kotak Conservative Hybrid Fund and Kotak Medium to Long Term Fund?
Yes. 25.2% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Kotak Conservative Hybrid Fund and Kotak Medium to Long Term Fund?
Kotak Conservative Hybrid Fund: Shibani Sircar Kurian, Abhishek Bisen. Kotak Medium to Long Term Fund: Abhishek Bisen.
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.