Sundaram Conservative Hybrid Fund vs Zerodha Life Cycle Fund 2031
Direct Plan, Growth option · Data as on 30-10-2026
Sundaram Conservative Hybrid Fund is a Conservative Hybrid fund and Zerodha Life Cycle Fund 2031 is a mutual fund. Sundaram Conservative Hybrid Fund charges 1.14% a year and Zerodha Life Cycle Fund 2031 2.98% (Direct plans). Their portfolios overlap 33.2%: they hold 23 of the same securities.
Sundaram Conservative Hybrid Fund
Conservative Hybrid
- Expense ratio
- 1.14%
- NAV
- ₹32.36
Which is better, Sundaram Conservative Hybrid or Zerodha Life Cycle Fund 2031? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Sundaram Conservative Hybrid costs less: 1.14% a year against 2.98% (Direct plans).
- Sundaram Conservative Hybrid fell less in its worst fall since 18-09-2026: −1.4% against −4.4%.
- Zerodha Life Cycle Fund 2031 holds more in large companies: 34.8% of the fund in large caps against 15.9%.
- Sundaram Conservative Hybrid is the larger fund: ₹18 Cr against ₹10 Cr.
- Their portfolios overlap 33.2%: 23 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 | Sundaram Conservative Hybrid Fund | Zerodha Life Cycle Fund 2031 |
|---|---|---|
| Fund house | Sundaram Mutual Fund | Zerodha Mutual Fund |
| Category | Conservative Hybrid | Not available |
| AUM | ₹18 Cr (30-09-2026) | ₹10 Cr (30-09-2026) |
| NAV | ₹32.36 (Direct) | ₹9.74 (Direct) |
| Expense ratio (Direct) | 1.14% | 2.98% |
| Expense ratio (Regular) | 1.89% | Not available |
| Riskometer | Moderate | High |
| Benchmark | CRISIL Hybrid 85+15 - Conservative Index | 55% CRISIL 10 year Gilt Index + 35% Nifty 200 TRI + 5% Domestic prices of Physical Gold + 5% Domestic prices of Physical |
| Launch date | 08-03-2010 | 16-09-2026 |
| Minimum investment | For first investment - Rs.5000/- | ₹100 |
| Lock in | None | Not available |
| Fund managers | Kumaresh Ramakrishnan, Bharath | Kedarnath Mirajkar |
| Exit load | NIL | Nil |
Sundaram Conservative Hybrid vs Zerodha Life Cycle Fund 2031: 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 |
|---|---|---|---|---|---|---|---|
| Sundaram Conservative Hybrid Fund (Direct) | +0.16% | −1.52% | +0.19% | −1.40% | +5.41% | +5.09% | +6.19% |
| Zerodha Life Cycle Fund 2031 (Direct) | −1.18% | -- | -- | -- | -- | -- | -- |
| 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.
Sundaram Conservative Hybrid vs Zerodha Life Cycle Fund 2031: Year-wise Returns
| Year | Sundaram Conservative HybridSundaram Conservative Hybrid | Zerodha Life Cycle Fund 2031Zerodha Life Cycle Fund 2031 |
|---|---|---|
| 2026to date | −2.51% | -- |
| 2025 | +5.21% | -- |
| 2024 | +9.14% | -- |
| 2023 | +10.14% | -- |
| 2022 | +3.75% | -- |
| 2021 | +15.39% | -- |
Sundaram Conservative Hybrid vs Zerodha Life Cycle Fund 2031: Rolling Returns
Every holding period of both funds
Sundaram Conservative Hybrid vs Zerodha Life Cycle Fund 2031: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Sundaram Conservative Hybrid Fund (Direct) | Zerodha Life Cycle Fund 2031 (Direct) |
|---|---|---|
| Return (CAGR) | +7.46% | −25.51% |
| Standard deviation | 4.94% | 7.90% |
| Sharpe ratio | 0.29 | -3.93 |
| Sortino ratio | 0.38 | -4.33 |
| Maximum drawdown | −12.6% (23-03-2020) | −4.4% (23-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 08-01-2013 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.
Sundaram Conservative Hybrid Fund (Direct)
Zerodha Life Cycle Fund 2031 (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Sundaram Conservative Hybrid Fund (Direct) | −1.4% | 23-09-2026 | 12-10-2026 | Not yet | -- | −0.7% |
| Zerodha Life Cycle Fund 2031 (Direct) | −4.4% | 23-09-2026 | 23-10-2026 | Not yet | -- | −3.5% |
From daily values since 18-09-2026, the first day every fund has.
Sundaram Conservative Hybrid vs Zerodha Life Cycle Fund 2031: Portfolio Overlap
From each fund's latest monthly portfolio: Sundaram Conservative Hybrid Fund, September 2026; Zerodha Life Cycle Fund 2031, September 2026
Holdings in common
- Overlap
- 33.2%
- Held by both
- 23
- Only in Sundaram Conservative Hybrid
- 6
- Only in Zerodha Life Cycle Fund 2031
- 230
| Security | % of Sundaram Conservative Hybrid | % of Zerodha Life Cycle Fund 2031 |
|---|---|---|
| 6.36% Central Government Securities 16/02/2031 | 21.42% | 26.91% |
| Bharti Airtel Ltd | 2.30% | 5.05% |
| Reliance Industries Ltd | 1.94% | 1.49% |
| HDFC Bank Ltd | 1.16% | 2.02% |
| ICICI Bank Ltd | 1.15% | 1.76% |
| State Bank of India | 1.26% | 0.74% |
| Axis Bank Ltd | 0.80% | 0.65% |
| Kotak Mahindra Bank Ltd | 0.77% | 0.57% |
| Infosys Ltd | 0.55% | 3.74% |
| Larsen & Toubro Ltd | 0.51% | 0.82% |
| Mahindra & Mahindra Ltd | 0.56% | 0.49% |
| Marico Ltd | 0.47% | 0.25% |
| HCL Technologies Ltd | 0.67% | 0.24% |
| Ultratech Cement Ltd | 0.75% | 0.23% |
| Lupin Ltd | 0.22% | 0.30% |
| Bajaj Auto Ltd | 0.81% | 0.22% |
| Tech Mahindra Ltd | 0.83% | 0.18% |
| Alkem Laboratories Ltd | 0.70% | 0.18% |
| Hindustan Aeronautics Ltd | 0.64% | 0.16% |
| TATA Motors Ltd | 0.46% | 0.16% |
| Cummins India Ltd | 0.39% | 0.12% |
| Jubilant Foodworks Ltd | 0.50% | 0.11% |
| Jindal Steel & Power Ltd | 0.31% | 0.08% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 33.2% means 33.2% 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 Sundaram Conservative Hybrid Fund
| Security | % of fund |
|---|---|
| 6.53% Government Stock - 07/09/2031 | 26.94% |
| 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% |
| BAJAJ HOUSING FINANCE LTD - 7.7% - 21/05/2027 | 2.72% |
Largest holdings only in Zerodha Life Cycle Fund 2031
| Security | % of fund |
|---|---|
| The Federal Bank Limited | 4.34% |
| IndusInd Bank Limited | 4.04% |
| Bajaj Finance Limited | 2.58% |
| Zerodha Gold ETF | 2.19% |
| Zerodha Silver ETF | 2.12% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Sundaram Conservative Hybrid | Zerodha Life Cycle Fund 2031 |
|---|---|---|
| Equity | 17.8% | 65.8% |
| Debt | 64.6% | 26.9% |
| Cash and others | 17.7% | 7.3% |
Market cap of stocks
| Market cap | Sundaram Conservative Hybrid | Zerodha Life Cycle Fund 2031 |
|---|---|---|
| Large Cap | 15.9% | 34.8% |
| Mid Cap | 1.4% | 28.5% |
| Small Cap | 0.5% | 2.5% |
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 | Sundaram Conservative Hybrid | Zerodha Life Cycle Fund 2031 |
|---|---|---|
| Banks | 5.1% | 15.7% |
| Finance | 0.0% | 6.5% |
| IT - Software | 0.0% | 5.9% |
| Telecom - Services | 2.3% | 5.8% |
| Pharmaceuticals & Biotechnology | 0.9% | 3.3% |
| It - Software | 2.1% | 0.0% |
| Petroleum Products | 1.9% | 1.9% |
| Automobiles | 1.4% | 1.9% |
The six largest sectors of each fund's stocks, % of the fund.
Sundaram Conservative Hybrid vs Zerodha Life Cycle Fund 2031: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Sundaram Conservative Hybrid Fund | Zerodha Life Cycle Fund 2031 |
|---|---|---|
| Total expense ratio (Direct) | 1.14% | 2.98% |
| Base expense ratio (Direct) | 0.96% | 0.42% |
| Total expense ratio (Regular) | 1.89% | Not available |
| Base expense ratio (Regular) | 1.62% | 0.00% |
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
- Sundaram Conservative Hybrid vs Parag Parikh Conservative Hybrid
- Sundaram Conservative Hybrid vs HSBC Conservative Hybrid
- 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
Sundaram Conservative Hybrid Fund vs Zerodha Life Cycle Fund 2031: Frequently Asked Questions
What is the difference between Sundaram Conservative Hybrid Fund and Zerodha Life Cycle Fund 2031?
Sundaram Conservative Hybrid Fund is a Conservative Hybrid fund, Zerodha Life Cycle Fund 2031 is a mutual fund, run by Sundaram Mutual Fund and Zerodha Mutual Fund. Their portfolios overlap 33.2%. Sundaram Conservative Hybrid Fund charges 1.14% a year and Zerodha Life Cycle Fund 2031 2.98%.
Which has the lower expense ratio, Sundaram Conservative Hybrid Fund or Zerodha Life Cycle Fund 2031?
Sundaram Conservative Hybrid Fund charges less: 1.14% a year against 2.98%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Sundaram Conservative Hybrid Fund and Zerodha Life Cycle Fund 2031 overlap?
33.2%. They hold 23 of the same securities, the largest shared ones being 6.36% Central Government Securities 16/02/2031, BHARTIARTL, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, Sundaram Conservative Hybrid Fund or Zerodha Life Cycle Fund 2031?
On SEBI's riskometer, Sundaram Conservative Hybrid Fund is rated Moderate and Zerodha Life Cycle Fund 2031 High. Over their common history, the standard deviation of daily returns was 4.94% and 7.90% a year.
Can I invest in both Sundaram Conservative Hybrid Fund and Zerodha Life Cycle Fund 2031?
Yes. 33.2% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Sundaram Conservative Hybrid Fund and Zerodha Life Cycle Fund 2031?
Sundaram Conservative Hybrid Fund: Kumaresh Ramakrishnan, Bharath. Zerodha Life Cycle Fund 2031: Kedarnath Mirajkar.
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.