Scheme

LIC MF Conservative Hybrid Fund

Holds 22 companies worth ₹8.1 Cr in Sept 2026.

Fund house
LICThe fund house that runs this scheme.
AUM
₹45.8 CrLIC MF Conservative Hybrid Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 2.2% on Aug 2026, ₹46.9 Cr.
Largest holding
Divi s Laboratories LimitedDivi s Laboratories Limited is 1.3% of this scheme's NAV.
Fund manager
Pratik Harish ShroffRuns it since 7 Jan 2021, as the fund house dates it. With Siddharth Panjwani (fund manager).

Overview^{(31 Aug 2026)}

Fund managers2

Pratik Harish ShroffFund manager, debt · Jan 2021
Siddharth PanjwaniFund manager, equity · Jul 2026

Sumit BhatnagarApr 2026 – Jul 2026
Karan DoshiJul 2025 – Apr 2026
Nikhil RungtaJul 2024 – Sept 2025

Key facts

Benchmark: Crisil Hybrid 85 + 15 - Conservative Index
Risk: Moderately High
Expense: Regular 2.14% · Direct 1.18%
Exit load: 12% of the units allotted shall be redeemed or switched out without any exit load, on or before completion of 90 days from the date of allotment of units. 1% on remaining units if redeemed or switched out on or before completion of 90 days from the date of allotment of units Nil, if redeemed or switched out after completion of 90 days from the date of allotment of units.
Started: 1 Jun 1998
Minimum: ₹5,000

Source.Its Scheme Summary Document as of 31 Aug 2026 at AMFI.

What changed^{(10 changes)}

Aug 2026

1 change

Riskometer
31 AugModerate → Moderately High

Jul 2026

3 changes

Riskometer
14 JulModerately High → Moderate
Siddharth Panjwani joined
5 Julas fund manager (equity)
Sumit Bhatnagar left
5 Julran it as fund manager (equity) from Apr 2026

Apr 2026

3 changes

Sumit Bhatnagar joined
11 Apras fund manager (equity)
Karan Doshi left
11 Aprran it as fund manager (equity) from Jul 2025
Expense ratio
7 AprRegular 2.31% → 2.14%Direct 1.47% → 1.18%

Source.Its filings at NSE, since Aug 2024.

Fund managers over time^{(Jan 2021 – now)}

MainCoSlice20222023202420252026

Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs^{(Aug 2024 – Aug 2026)}

Every change to the expense ratio, newest first.
3 changes	Regular	Direct	Δ pt
7 Apr 2026	2.14%	1.18%	0.29
22 Jul 2025	2.31%	1.47%	0.25
14 Aug 2024	2.25%	1.22%	–

Direct plan, 7 Apr 2026

1.18%

Regular plan 2.14% · Exit load 12% of the units allotted shall be redeemed or switched out without any exit load, on or before completion of 90 days from the date of allotment of units. 1% on remaining units if redeemed or switched out on or before completion of 90 days from the date of allotment of units Nil, if redeemed or switched out after completion of 90 days from the date of allotment of units.

Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk^{(31 Aug 2026)}

Objective

The investment objective of the Scheme is to generate regular income by investing mainly in a portfolio of quality debt securities and money market instruments. It also seeks to generate capital appreciation by investing some percentage in a mix of equity instruments. There is no assurance that the investment objective of the Scheme will be achieved.

Risk, type and benchmark

Riskometer: Moderately High
At launch: Moderately High
Type: An open ended hybrid scheme investing predominantly in debt instruments.
Benchmark: Crisil Hybrid 85 + 15 - Conservative Index

Asset allocation it may hold% of NAV

Debt/Money Market
Allowed75–90%Holds82.3%
Equity and Equity related instruments
Allowed10–25%Holds17.7%
Units issued by Infrastructure Investment Trusts (InvITs)*, Exchange Traded Commodity Derivatives(ETCDs), and mutual fund units including Gold ETFs, Silver ETFs
Allowed0–10%

Holds in Sept 2026.17.7% equity · 82.3% debt and cash

How to invest^{(31 Aug 2026)}

Buying

To start: ₹5,000, then in multiples of ₹1
To add: ₹500, then in multiples of ₹1
Most: No Limit
Systematic: SIP Details - Daily, Weekly, Monthly, Quarterly | SWP Details - Monthly, Quarterly ,Half Yearly,Yearly | STP Details - Daily, Weekly, Monthly, Quarterly
Dates: SIP : Daily - All business day, Weekly – Between Monday to Friday, Monthly - Any date between 1st to 28th, Quarterly - Any date between 1st to 28th| SWP Details - Monthly, Quarterly ,Half Yearly & Yearly - Any date between 1st to 28th | STP : Daily - All business day, Weekly - Monday to Friday* (*Default will be Friday), Monthly & Quarterly - Any date between 1st to 28th (*Default date/day-10th of the month)
Minimum: SIP Details - 100,150,200, 1000 | SWP Details - 500,500,500,500 | STP Details - 100, 500, 500, 500, then sIP Details - 1 | SWP Details - 1 | STP Details - 1
Instalments: "SIP Details - 60,40,30,6 | SWP Details - 6,4,4,4 | STP : 60,12,12,12"
Most: SIP Details - No Limit | SWP Details - No Limit | STP Details - No Limit

Selling and switching

To redeem: ₹500 or 1 units
Minimum balance: ₹500 or 0.001 units
Switch minimum: As per Target Scheme or 0.001 units
Switch multiples: ₹1 or No Limit units
Switch most: No Limit or No Limit units

Scheme details^{(31 Aug 2026)}

What it is

Category: Conservative Hybrid Fund
Started: 1 Jun 1998
Plans: Regular Plan-Monthly IDCW Payout|Regular Plan-Monthly IDCW Reinv|Regular Plan-Quarterly IDCW Payout|Regular Plan-Quarterly IDCW Reinv|Regular Plan-Yearly IDCW Payout|Regular Plan-Yearly IDCW Reinv|Regular Plan-Yearly Growth|Direct Plan-Monthly IDCW Payout|Direct Plan-Monthly IDCW Reinv|Direct Plan-Quarterly IDCW Payout|Direct Plan-Quarterly IDCW Reinv|Direct Plan-Yearly IDCW Payout|Direct Plan-Yearly IDCW Reinv|Direct Plan-Growth
Face value: ₹10
Listed: No

How it is run

Swing pricing: No
Side-pocketing: Yes
Custodian: Standard Chartered Bank
Auditor: M/s. Deloite Haskins & Co LLP
Registrar: KFin Technologies Ltd
SEBI code: LICM/O/H/CHF/98/04/0005