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Aditya Birla Sun Life Conservative Hybrid Fund - Growth / Payment - Direct Plan vs Nippon India Conservative Hybrid Fund - Direct Plan Growth Plan - Growth Option
Aditya Birla Sun Life Conservative Hybrid Fund and Nippon India Conservative Hybrid Fund are both in the Conservative Hybrid Fund category, from Aditya Birla Sun Life AMC Limited and Nippon Life India Asset Management Limited respectively. Nippon India Conservative Hybrid Fund has posted a higher 3-year rolling CAGR. Aditya Birla Sun Life Conservative Hybrid Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Aditya Birla Sun Life Conservative Hybrid Fund has the lower direct-plan expense ratio, by 0.04 percentage points.
| Aditya Birla Sun Life Conservative Hybrid Fund - Growth / Payment - Direct Plan | Nippon India Conservative Hybrid Fund - Direct Plan Growth Plan - Growth Option | |
|---|---|---|
| Category | Conservative Hybrid Fund | Conservative Hybrid Fund |
| AMC | Aditya Birla Sun Life AMC Limited | Nippon Life India Asset Management Limited |
| Benchmark | CRISIL Hybrid 85+15 - Conservative Index | CRISIL Hybrid 85+15 - Conservative Index |
| NAV | ₹77.8753 (2026-10-28) | ₹68.7638 (2026-10-28) |
| AUM | ₹1,446.294 Cr | ₹972.172 Cr |
| Expense Ratio (Direct) | 0.96% | 1% |
| Inception | 2004-04-12 | 2003-12-10 |
Returns
Nippon India Conservative Hybrid Fund leads on 3-year rolling CAGR (8.5% vs Aditya Birla Sun Life Conservative Hybrid Fund's 10.2%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
Aditya Birla Sun Life Conservative Hybrid Fund has been the more volatile of the two by standard deviation.
Portfolio Analytics
Aditya Birla Sun Life Conservative Hybrid Fund carries the higher portfolio P/E ratio (a rougher proxy for how richly the underlying holdings are valued) - see the table below for the full comparison.
Punji Fund Health Score
Aditya Birla Sun Life Conservative Hybrid Fund and Nippon India Conservative Hybrid Fund carry the same Punji Quality grade.
Frequently asked questions
Which has a higher 3-year return, Aditya Birla Sun Life Conservative Hybrid Fund or Nippon India Conservative Hybrid Fund?
Nippon India Conservative Hybrid Fund's 3-year rolling CAGR of 8.5% is higher than Aditya Birla Sun Life Conservative Hybrid Fund's 10.2%. Nippon India Conservative Hybrid Fund sits in the 29th percentile of its category on this metric, versus the 76th percentile for Aditya Birla Sun Life Conservative Hybrid Fund - though note both funds may belong to different categories with different medians, so a raw CAGR comparison doesn't account for how each fund performed relative to its own peers. A higher historical return also doesn't necessarily mean lower risk; check the risk metrics below before concluding either fund is the "better" choice.
Which has a lower expense ratio, Aditya Birla Sun Life Conservative Hybrid Fund or Nippon India Conservative Hybrid Fund?
Aditya Birla Sun Life Conservative Hybrid Fund's direct-plan expense ratio is 0.04 percentage points lower than Nippon India Conservative Hybrid Fund's. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Which fund carries more risk, Aditya Birla Sun Life Conservative Hybrid Fund or Nippon India Conservative Hybrid Fund?
By standard deviation (a measure of how much a fund's returns swing around its own average), Aditya Birla Sun Life Conservative Hybrid Fund has been more volatile than Nippon India Conservative Hybrid Fund over the trailing window. Standard deviation captures total volatility in both directions - up and down - so a higher figure means bigger swings generally, not necessarily bigger losses specifically. Sharpe ratio (0.26 for Aditya Birla Sun Life Conservative Hybrid Fund vs 0.57 for Nippon India Conservative Hybrid Fund) is a better single measure of risk-adjusted return, since it weighs the return earned per unit of volatility taken rather than volatility alone.
Which has higher AUM, Aditya Birla Sun Life Conservative Hybrid Fund or Nippon India Conservative Hybrid Fund?
Aditya Birla Sun Life Conservative Hybrid Fund has ₹1,446 Cr in assets under management, versus ₹972 Cr for Nippon India Conservative Hybrid Fund. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which has longer duration (more interest-rate sensitivity), Aditya Birla Sun Life Conservative Hybrid Fund or Nippon India Conservative Hybrid Fund?
Aditya Birla Sun Life Conservative Hybrid Fund has the longer Macaulay duration of the two, meaning its NAV is more sensitive to interest-rate changes - a longer-duration debt fund tends to gain more when rates fall and lose more when rates rise, compared to a shorter-duration fund. Duration is expressed in years but isn't literally about how long you hold the fund; it's a measure of price sensitivity to rate moves. If you expect rates to fall, the longer-duration fund benefits more; if you expect rates to rise or want to minimize that swing, the shorter-duration fund is the more conservative pick.
Which fund has a longer track record, Aditya Birla Sun Life Conservative Hybrid Fund or Nippon India Conservative Hybrid Fund?
Nippon India Conservative Hybrid Fund launched on 2003-12-10, making it older than Aditya Birla Sun Life Conservative Hybrid Fund (launched 2004-04-12). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.