Nippon India Conservative Hybrid Fund vs Unifi Dynamic Asset Allocation Fund
Direct Plan, Growth option · Data as on 30-10-2026
Nippon India Conservative Hybrid Fund is a Conservative Hybrid fund and Unifi Dynamic Asset Allocation Fund is a Balanced Advantage fund. In the year to 30-10-2026, Nippon India Conservative Hybrid Fund (Direct) returned 4.8% and Unifi Dynamic Asset Allocation Fund (Direct) returned 8.4%. Nippon India Conservative Hybrid Fund charges 1.01% a year and Unifi Dynamic Asset Allocation Fund 1.40% (Direct plans). Their portfolios overlap 13.7%: they hold 40 of the same securities.
Nippon India Conservative Hybrid Fund
Conservative Hybrid
- 1 year return
- 4.8%
- Expense ratio
- 1.01%
- NAV
- ₹68.95
Unifi Dynamic Asset Allocation Fund
Balanced Advantage
- 1 year return
- 8.4%
- Expense ratio
- 1.40%
- NAV
- ₹11.39
Which is better, Nippon India Conservative Hybrid or Unifi Dynamic Asset Allocation? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Unifi Dynamic Asset Allocation returned more over 1 year: 8.4% against 4.8%.
- Nippon India Conservative Hybrid costs less: 1.01% a year against 1.40% (Direct plans).
- Unifi Dynamic Asset Allocation fell less in its worst fall since 17-03-2025: −0.2% against −1.8%.
- Unifi Dynamic Asset Allocation holds more in large companies: 28.6% of the fund in large caps against 9.5%.
- Unifi Dynamic Asset Allocation is the larger fund: ₹1,478 Cr against ₹977 Cr.
- Their portfolios overlap 13.7%: 40 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 | Nippon India Conservative Hybrid Fund | Unifi Dynamic Asset Allocation Fund |
|---|---|---|
| Fund house | Nippon India Mutual Fund | Unifi Mutual Fund |
| Category | Conservative Hybrid | Balanced Advantage |
| AUM | ₹977 Cr (30-09-2026) | ₹1,478 Cr (30-09-2026) |
| NAV | ₹68.95 (Direct) | ₹11.39 (Direct) |
| Expense ratio (Direct) | 1.01% | 1.40% |
| Expense ratio (Regular) | 1.80% | 1.99% |
| Riskometer | Not available | Moderately High |
| Benchmark | Not available | CRISIL Hybrid 50+50 - Moderate Index |
| Launch date | Not available | 11-07-2025 |
| Minimum investment | Not available | Not available |
| Lock in | Not available | None |
| Fund managers | Not available | Saravanan VN, Ramanathan P, Karthik Srinivas |
| Exit load | Not available | Exit Load for units in excess of 20% of the investment,1.5% will be charged for redemption within 12 months. |
Nippon India Conservative Hybrid vs Unifi Dynamic Asset Allocation: 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 |
|---|---|---|---|---|---|---|---|
| Nippon India Conservative Hybrid Fund (Direct) | −0.10% | −0.05% | +2.51% | +4.80% | +8.44% | +8.03% | +5.91% |
| Unifi Dynamic Asset Allocation Fund (Direct) | +0.51% | +1.98% | +4.46% | +8.40% | -- | -- | -- |
| Conservative Hybrid average | −0.46% | −1.48% | +0.87% | +1.02% | +7.61% | +7.13% | +7.52% |
| Balanced Advantage average | −0.55% | −2.88% | +0.08% | −2.08% | -- | -- | -- |
Category average: the average of the 18 Conservative Hybrid funds and the 38 Balanced Advantage funds, same plan type.
Nippon India Conservative Hybrid vs Unifi Dynamic Asset Allocation: Year-wise Returns
| Year | Nippon India Conservative HybridNippon India Conservative Hybrid | Unifi Dynamic Asset AllocationUnifi Dynamic Asset Allocation |
|---|---|---|
| 2026to date | +3.45% | +6.90% |
| 2025 | +10.59% | -- |
| 2024 | +8.50% | -- |
| 2023 | +11.14% | -- |
| 2022 | +5.44% | -- |
| 2021 | +10.74% | -- |
Nippon India Conservative Hybrid vs Unifi Dynamic Asset Allocation: Rolling Returns
Every holding period of both funds
Rolling returns
Every 1-year holding period, 150 of them, one for each trading day from 17-03-2026 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.
Nippon India Conservative Hybrid Fund (Direct)
Unifi Dynamic Asset Allocation Fund (Direct)
to
Apr 2026May 2025
to
May 2026Jun 2025
to
Jun 2026Jul 2025
to
Jul 2026Sept 2025
to
Sept 2026Oct 2025
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nippon India Conservative Hybrid | 0.0 | 4.0 | 96.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.2% | 7.3% | 4.6% | 9.6% |
| Unifi Dynamic Asset Allocation | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 8.0% | 8.0% | 7.1% | 8.8% |
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 17-03-2025. Past returns do not promise future returns.
Nippon India Conservative Hybrid vs Unifi Dynamic Asset Allocation: 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 03-03-2025 to 30-10-2026: 20 instalments, ₹2,00,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Nippon India Conservative HybridNippon India Conservative Hybrid Fund (Direct) | ₹2,00,000 | ₹2,10,109 | ₹10,109 | 5.8% |
| Unifi Dynamic Asset AllocationUnifi Dynamic Asset Allocation Fund (Direct) | ₹2,00,000 | ₹2,14,464 | ₹14,464 | 8.3% |
Nippon India Conservative HybridNippon India Conservative Hybrid Fund (Direct)
Unifi Dynamic Asset AllocationUnifi Dynamic Asset Allocation 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.
Nippon India Conservative Hybrid vs Unifi Dynamic Asset Allocation: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Nippon India Conservative Hybrid Fund (Direct) | Unifi Dynamic Asset Allocation Fund (Direct) |
|---|---|---|
| Return (CAGR) | +4.80% | +8.40% |
| Standard deviation | 2.24% | 0.91% |
| Sharpe ratio | -0.20 | 3.45 |
| Sortino ratio | -0.27 | 6.05 |
| Maximum drawdown | −1.8% (23-03-2026) | −0.2% (15-09-2026) |
| 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 | Nippon India Conservative Hybrid Fund (Direct) | Unifi Dynamic Asset Allocation Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.49% | +8.36% |
| Standard deviation | 4.33% | 0.83% |
| Sharpe ratio | 0.33 | 3.53 |
| Sortino ratio | 0.39 | 6.35 |
| Maximum drawdown | −18.9% (23-03-2020) | −0.2% (15-09-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 02-01-2013 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.
Nippon India Conservative Hybrid Fund (Direct)
Unifi Dynamic Asset Allocation Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Nippon India Conservative Hybrid Fund (Direct) | −1.8% | 26-02-2026 | 23-03-2026 | 17-04-2026 | 25 days | −0.7% |
| Unifi Dynamic Asset Allocation Fund (Direct) | −0.2% | 10-09-2026 | 15-09-2026 | 18-09-2026 | 3 days | 0.0% |
From daily values since 17-03-2025, 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.
Nippon India Conservative Hybrid Fund (Direct)
Unifi Dynamic Asset Allocation Fund (Direct)
Nippon India Conservative Hybrid vs Unifi Dynamic Asset Allocation: Portfolio Overlap
From each fund's latest monthly portfolio: Nippon India Conservative Hybrid Fund, September 2026; Unifi Dynamic Asset Allocation Fund, September 2026
Holdings in common
- Overlap
- 13.7%
- Held by both
- 40
- Only in Nippon India Conservative Hybrid
- 44
- Only in Unifi Dynamic Asset Allocation
- 103
| Security | % of Nippon India Conservative Hybrid | % of Unifi Dynamic Asset Allocation |
|---|---|---|
| JSW Kalinga Steel Limited | 2.66% | 2.82% |
| 10.81% Bamboo Hotel And Global Centre (Delhi) Private limited | 1.75% | 1.70% |
| HDFC Bank Limited | 0.85% | 3.22% |
| Reliance Industries Limited | 0.76% | 1.05% |
| ICICI Bank Limited | 0.75% | 0.96% |
| 5% GMR Airports Limited | 3.48% | 0.72% |
| 5% GMR Airports Limited | 0.51% | 1.18% |
| State Bank of India | 0.41% | 1.85% |
| 9.45% Vedanta Limited | 0.41% | 4.11% |
| Mahindra & Mahindra Limited | 0.32% | 0.64% |
| Axis Bank Limited | 0.32% | 1.73% |
| Maruti Suzuki India Limited | 0.30% | 0.36% |
| Bharti Airtel Limited | 0.29% | 1.19% |
| Bajaj Finance Limited | 0.29% | 1.22% |
| ITC Limited | 0.28% | 1.14% |
| Kotak Mahindra Bank Limited | 0.26% | 0.51% |
| SBI Life Insurance Company Limited | 0.26% | 0.32% |
| Tata Consultancy Services Limited | 0.25% | 1.24% |
| Coal India Limited | 0.25% | 0.24% |
| Titan Company Limited | 0.21% | 0.36% |
| Hindustan Unilever Limited | 0.19% | 0.78% |
| AU Small Finance Bank Limited | 0.67% | 0.18% |
| Tata Steel Limited | 0.17% | 1.02% |
| Hindalco Industries Limited | 0.15% | 0.97% |
| NTPC Limited | 0.17% | 0.14% |
| JSW Steel Limited | 0.14% | 0.42% |
| UltraTech Cement Limited | 0.14% | 0.16% |
| Larsen & Toubro Limited | 0.39% | 0.14% |
| Divi's Laboratories Limited | 0.13% | 0.22% |
| Apollo Hospitals Enterprise Limited | 0.09% | 0.09% |
| Cipla Limited | 0.08% | 0.24% |
| Tata Consumer Products Limited | 0.07% | 0.45% |
| Tata Motors Passenger Vehicles Limited | 0.06% | 0.39% |
| Eicher Motors Limited | 0.11% | 0.06% |
| HDFC Life Insurance Company Limited | 0.05% | 0.70% |
| Bajaj Finserv Limited | 0.12% | 0.05% |
| Nestle India Limited | 0.10% | 0.02% |
| JSW Energy Limited | 0.18% | 0.02% |
| Power Grid Corporation of India Limited | 0.13% | 0.01% |
| Britannia Industries Limited | 0.06% | 0.00% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 13.7% means 13.7% 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 Nippon India Conservative Hybrid Fund
| Security | % of fund |
|---|---|
| 7.03% State Government Securities | 5.07% |
| 10.5% Triumph Composites Limited | 4.06% |
| 8.45% Adani Airport Holdings Limited | 4.05% |
| 9.75% Delhi International Airport Limited | 3.75% |
| Samriddhi Trust | 3.45% |
Largest holdings only in Unifi Dynamic Asset Allocation Fund
| Security | % of fund |
|---|---|
| 9.75% Shrem Infra Invest Pvt Limited 15-MAY-2028 | 3.79% |
| 7.06% GOI - 10-Apr-2028 | 3.76% |
| 5.00% GMR Airports Limited 13-AUG-2028 | 3.26% |
| 10.00% GMR Goa International Airport Limited 27-SEP-2043 | 2.69% |
| Jubilant Bevco Limited 31-MAY-2028 | 2.28% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Nippon India Conservative Hybrid | Unifi Dynamic Asset Allocation |
|---|---|---|
| Equity | 10.6% | 36.1% |
| Debt | 68.5% | 52.0% |
| Cash and others | 20.9% | 11.9% |
Market cap of stocks
| Market cap | Nippon India Conservative Hybrid | Unifi Dynamic Asset Allocation |
|---|---|---|
| Large Cap | 9.5% | 28.6% |
| Mid Cap | 1.1% | 3.6% |
| Small Cap | 0.0% | 3.7% |
| Not on AMFI's list | 0.0% | 0.2% |
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 | Nippon India Conservative Hybrid | Unifi Dynamic Asset Allocation |
|---|---|---|
| Banks | 3.4% | 10.1% |
| Finance | 0.4% | 3.0% |
| Diversified FMCG | 0.5% | 1.9% |
| Ferrous Metals | 0.3% | 1.8% |
| Telecom - Services | 0.3% | 1.7% |
| Chemicals & Petrochemicals | 0.0% | 1.6% |
| Pharmaceuticals & Biotechnology | 0.5% | 1.5% |
| Automobiles | 1.0% | 1.4% |
| IT - Software | 0.8% | 1.4% |
| Petroleum Products | 0.8% | 1.1% |
| Power | 0.5% | 0.6% |
The six largest sectors of each fund's stocks, % of the fund.
Nippon India Conservative Hybrid vs Unifi Dynamic Asset Allocation: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Nippon India Conservative Hybrid Fund | Unifi Dynamic Asset Allocation Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.01% | 1.40% |
| Base expense ratio (Direct) | 0.85% | 0.79% |
| Total expense ratio (Regular) | 1.80% | 1.99% |
| Base expense ratio (Regular) | 1.53% | 1.29% |
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 Nippon India Conservative Hybrid with
Compare Unifi Dynamic Asset Allocation with
- Unifi Dynamic Asset Allocation vs quant Dynamic Asset Allocation
- Unifi Dynamic Asset Allocation vs Aditya Birla Sun Life Balanced Advantage
- Unifi Dynamic Asset Allocation vs Baroda BNP Paribas Balanced Advantage
- Unifi Dynamic Asset Allocation vs Axis Balanced Advantage
- Unifi Dynamic Asset Allocation vs WhiteOak Capital Balanced Advantage
Nippon India Conservative Hybrid Fund vs Unifi Dynamic Asset Allocation Fund: Frequently Asked Questions
What is the difference between Nippon India Conservative Hybrid Fund and Unifi Dynamic Asset Allocation Fund?
Nippon India Conservative Hybrid Fund is a Conservative Hybrid fund, Unifi Dynamic Asset Allocation Fund is a Balanced Advantage fund, run by Nippon India Mutual Fund and Unifi Mutual Fund. Their portfolios overlap 13.7%. Nippon India Conservative Hybrid Fund charges 1.01% a year and Unifi Dynamic Asset Allocation Fund 1.40%.
Which has given higher returns, Nippon India Conservative Hybrid Fund or Unifi Dynamic Asset Allocation Fund?
Over 1 year: Nippon India Conservative Hybrid Fund +4.80%, Unifi Dynamic Asset Allocation Fund +8.40%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Nippon India Conservative Hybrid Fund or Unifi Dynamic Asset Allocation Fund?
Nippon India Conservative Hybrid Fund charges less: 1.01% a year against 1.40%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Nippon India Conservative Hybrid Fund and Unifi Dynamic Asset Allocation Fund overlap?
13.7%. They hold 40 of the same securities, the largest shared ones being JSW Kalinga Steel Limited, 10.81% Bamboo Hotel And Global Centre (Delhi) Private limited, HDFCBANK. From each fund's latest monthly portfolio.
Can I invest in both Nippon India Conservative Hybrid Fund and Unifi Dynamic Asset Allocation Fund?
Yes. 13.7% 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.