Scheme

Nippon India Conservative Hybrid Fund

Holds 52 companies worth ₹175 Cr in Sept 2026.

Fund house
NipponThe fund house that runs this scheme.
AUM
₹977 CrNippon India Conservative Hybrid Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 0.7% on Aug 2026, ₹984 Cr.
Largest holding
Brookfield India Real Estate TrustBrookfield India Real Estate Trust is 1.5% of this scheme's NAV.
Fund manager
Sushil BudhiaRuns it since 1 Feb 2020, as the fund house dates it. With Dhrumil Shah (co-manager).

Overview^{(8 Oct 2026)}

Fund managers2

Sushil BudhiaFund manager · Feb 2020 · 25y · CA
Dhrumil ShahCo-manager · Sept 2021 · 20y · B.Com

Key facts

Benchmark: CRISIL Hybrid 85+15 - Conservative Index
Risk: High
Expense: Regular 1.79% · Direct 1%
Exit load: 10% of the units allotted shall be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units. Any redemption in excess of such limit in the first 12 months from the date of allotment shall be subject to the following exit load. Redemption of units would be done on First in First out Basis (FIFO): 1% if redeemed or switched out on or before completion of 12 months from the date of allotment of units. Nil, if redeemed or switched out after completion of 12 months from the date of allotment of units. Not applicable for Segregated Portfolio
Started: 29 Dec 2003
Minimum: ₹5,000

Source.Its Scheme Summary Document as of 8 Oct 2026 at AMFI.

What changed^{(9 changes)}

Oct 2026

1 change

Expense ratio
8 OctDirect 0.99% → 1%

Aug 2026

1 change

Expense ratio
23 AugDirect 1% → 0.99%

Jul 2026

1 change

Expense ratio
9 JulRegular 1.8% → 1.79%

Source.Its filings at NSE, since Aug 2024.

Fund managers over time^{(Feb 2020 – now)}

MainCoSlice202120222023202420252026

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 – Oct 2026)}

Every change to the expense ratio, newest first.
9 changes	Regular	Direct	Δ pt
8 Oct 2026	1.79%	1.00%	0.01
23 Aug 2026	1.79%	0.99%	0.01
9 Jul 2026	1.79%	1.00%	0
7 May 2026	1.80%	1.00%	0.01
9 Apr 2026	1.80%	1.01%	0.08
10 Oct 2025	1.87%	1.09%	0.01
10 Jun 2025	1.88%	1.10%	0.01
10 May 2025	1.89%	1.11%	0.01
20 Aug 2024	1.90%	1.12%	–

Direct plan, 8 Oct 2026

1.00%

Regular plan 1.79% · Exit load 10% of the units allotted shall be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units. Any redemption in excess of such limit in the first 12 months from the date of allotment shall be subject to the following exit load. Redemption of units would be done on First in First out Basis (FIFO): 1% if redeemed or switched out on or before completion of 12 months from the date of allotment of units. Nil, if redeemed or switched out after completion of 12 months from the date of allotment of units. Not applicable for Segregated Portfolio

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^{(8 Oct 2026)}

Objective

The primary investment objective of the scheme is to generate regular income in order to make regular dividend payments to unitholders and the secondary objective is growth of capital.

Risk, type and benchmark

Riskometer: High
At launch: Moderately High
Type: Hybrid: Conservative Hybrid Fund
Benchmark: CRISIL Hybrid 85+15 - Conservative Index

Asset allocation it may hold% of NAV

Debt and Money Market Instruments
Allowed75–90%Holds82.1%
Equities and Equity related Securities
Allowed10–25%Holds15.9%
Units issued by REITs and InvITs
Allowed0–10%Holds1.9%

Holds in Sept 2026.15.9% equity · 82.1% debt and cash · 1.9% REITs and InvITs

How to invest^{(8 Oct 2026)}

Buying

To start: ₹5,000, then in multiples of ₹1
To add: ₹1,000, then in multiples of ₹1
Most: Any
Systematic: SIP - Monthly, Quarterly, Yearly SWP - Monthly / Quarterly / Half yearly/ Yearly STP - Daily/ Weekly/ Fortnightly/ Monthly / Quarterly
Dates: SIP - 1st to 31st of a month SWP - 1,8,15 & 22 (if holiday, then next working day) STP - 1st to 28th of a month
Minimum: SIP - Rs.100/- per month (minimum 60 months) Rs.500/- per month (minimum 12 months) Rs.1000/- per month (minimum 6 months) Rs. 500/- per quarter (minimum 12 quarters) Rs.1500/- per quarter (minimum 4 quarters) Rs. 5000/- per year (minimum 2 years) SWP - 500 STP - Daily- Minimum of Rs. 100 Weekly / Fortnight / Monthly option - Rs. 1000 Quarterly - Rs. 3000 Capital Appreciation Monthly/ Quarterly - Rs. 500, then sIP - Rs. 500 if SIP amount is 5,000 per year & Rs. 1 for any other amount SWP - 1 STP - 1
Instalments: SIP - 60 months for Rs. 100 per month 12 months for Rs. 500 per month 6 months for Rs. 1,000 per month 12 quarters for Rs. 500 per quarter 4 quarters for Rs. 1500 per quarter 2 years for Rs. 5000 per Year SWP - - STP - 2
Most: SIP - Any SWP - Any STP - Any

Selling and switching

To redeem: ₹100 or Any units
Switch minimum: ₹5,000

Scheme details^{(8 Oct 2026)}

What it is

Category: Hybrid
Offer: 10 Dec 2003 to 29 Dec 2003
Started: 29 Dec 2003
Reopened: 29 Dec 2003
Plans: Direct Growth Plan Growth Option Growth · Direct Monthly IDCW Plan Payout · Direct Monthly IDCW Plan Reinvestment · Direct Quarterly IDCW Plan Payout · Direct Quarterly IDCW Plan Reinvestment · Growth Plan Growth Option Growth · Monthly IDCW Plan Payout · Monthly IDCW Plan Reinvestment · Quarterly IDCW Plan Payout · Quarterly IDCW Plan Reinvestment
Face value: ₹10
Listed: No

How it is run

Swing pricing: No
Side-pocketing: Yes
Custodian: Deutsche Bank
Auditor: Walker Chandiok & Co LLP
Registrar: KFin Technologies Limited
SEBI code: NIMF/O/H/CHF/03/08/0013