Parag Parikh Conservative Hybrid Fund-Dir (IDCW-M)

Parag Parikh Conservative Hybrid Fund-Dir (IDCW-M) is an Conservative Hybrid Fund-oriented fund from the renowned AMC, PPFAS Mutual Fund. Launched in 7 May 2021, this fund is managed by Rajeev Thakkar. With assets under management (AUM) worth ₹2,344.23 (Cr), as of 1 January 2025, Parag Parikh Conservative Hybrid Fund-Dir (IDCW-M) is categorized as a Conservative Hybrid Fund within its segment. The fund has generated a return of 10.02% since its launch.
The current NAV of Parag Parikh Conservative Hybrid Fund-Dir (IDCW-M) is ₹10.78, as on 1 January 2025. The fund's benchmark index is CRISIL Hybrid 85+15 - Conservative Index. You can invest in Parag Parikh Conservative Hybrid Fund-Dir (IDCW-M) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹1,000 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
In respect of each purchase/ switch-in of Units, 10% of the units (the limit) may be redeemedn without any exit load from the date of allotment. Any redemption or switch-out in excess of the limit shall be subject to the following exit load: - Exit load of 1% is payable if Units are redeemed / switched-out within 1 year from the date of allotment of units. - No Exit Load is payable if Units are redeemed / swtched-out after 1 year from the date of allotment. The fund has generated 10.66% and undefined% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 16.54% in Equity, 78.13% in Debt and 5.33% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 77.60% in Debt, 4.28% in Others, 2.76% in Gas, 2.07% in Power, 2.01% in Consumable Fuels