{"id":242968,"date":"2026-09-11T10:07:02","date_gmt":"2026-09-11T04:37:02","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/bandhan-conservative-hybrid-passive-fof-direct-growth-review-2026\/"},"modified":"2026-09-11T10:07:02","modified_gmt":"2026-09-11T04:37:02","slug":"bandhan-conservative-hybrid-passive-fof-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/bandhan-conservative-hybrid-passive-fof-direct-growth-review-2026\/","title":{"rendered":"Bandhan Conservative Hybrid Passive FOF Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/bandhan-conservative-hybrid-passive-fof-g-direct-plan\">Bandhan Conservative Hybrid Passive FOF Direct Growth Plan<\/a> currently has a NAV of \u20b937.4876 as of 10 Sep 2026 and scheme AUM of \u20b95 Cr. Its 1-year, 3-year and 5-year returns are 3.77%, 7.74% and 6.79% respectively, with a Medium Risk label. In our view, this is a relatively measured hybrid-style fund of funds that has delivered steady long-term progress, but the recent 1-year outcome is modest rather than strong.<\/p>\n<p>The portfolio is anchored by passive debt and equity fund exposures, which may help keep the ride smoother than more aggressive equity options. That structure, along with a low 0.18% expense ratio, makes it more relevant for investors who want a conservative allocation and are comfortable with moderate risk over a longer horizon.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/bandhan-conservative-hybrid-passive-fof-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/bandhan-conservative-hybrid-passive-fof-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/bandhan-conservative-hybrid-passive-fof-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Bandhan_Conservative_Hybrid_Passive_FOF\" title=\"Should you BUY or HOLD Bandhan Conservative Hybrid Passive FOF?\">Should you BUY or HOLD Bandhan Conservative Hybrid Passive FOF?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/bandhan-conservative-hybrid-passive-fof-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/bandhan-conservative-hybrid-passive-fof-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/bandhan-conservative-hybrid-passive-fof-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/bandhan-conservative-hybrid-passive-fof-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/bandhan-conservative-hybrid-passive-fof-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/bandhan-conservative-hybrid-passive-fof-direct-growth-review-2026\/#What_is_the_current_NAV_of_Bandhan_Conservative_Hybrid_Passive_FOF_Direct_Growth_Plan\" title=\"What is the current NAV of Bandhan Conservative Hybrid Passive FOF Direct Growth Plan?\">What is the current NAV of Bandhan Conservative Hybrid Passive FOF Direct Growth Plan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/bandhan-conservative-hybrid-passive-fof-direct-growth-review-2026\/#What_are_the_funds_1-year_3-year_and_5-year_returns\" title=\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\">What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/bandhan-conservative-hybrid-passive-fof-direct-growth-review-2026\/#How_does_the_fund_compare_with_the_benchmark\" title=\"How does the fund compare with the benchmark?\">How does the fund compare with the benchmark?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/bandhan-conservative-hybrid-passive-fof-direct-growth-review-2026\/#How_does_it_compare_with_the_peer_funds_listed_here\" title=\"How does it compare with the peer funds listed here?\">How does it compare with the peer funds listed here?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/bandhan-conservative-hybrid-passive-fof-direct-growth-review-2026\/#Is_there_a_minimum_SIP_amount\" title=\"Is there a minimum SIP amount?\">Is there a minimum SIP amount?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/bandhan-conservative-hybrid-passive-fof-direct-growth-review-2026\/#What_is_the_risk_category_and_who_manages_the_fund\" title=\"What is the risk category and who manages the fund?\">What is the risk category and who manages the fund?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/bandhan-conservative-hybrid-passive-fof-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/bandhan-conservative-hybrid-passive-fof-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/bandhan-conservative-hybrid-passive-fof-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b937.4876 as of 10 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b95 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.18%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>01 Jan 2013<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9100<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>Medium Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Fund of Fund<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>Nil upto 10% of investment and 1% for remaining investment on or before 365D, Nil after 365D<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Karthik Kumar<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Karthik Kumar.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 10 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>-0.62%<\/td>\n<td>-4.06%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>1.90%<\/td>\n<td>1.37%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>3.77%<\/td>\n<td>-7.31%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>7.74%<\/td>\n<td>6.07%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>6.79%<\/td>\n<td>5.91%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The recent pattern is steadier than the benchmark, especially over 1 month and 1 year. The fund was down only marginally over 1 month, while the benchmark fell more sharply, and the 1-year figure is positive even though the benchmark is negative over the same stretch. That tells us the portfolio has been less sensitive to the recent weakness in the benchmark than a plain index exposure.<\/p>\n<p>Over the medium term, the picture improves. The 3-year return of 7.74% is ahead of the benchmark\u2019s 6.07%, and the 5-year return of 6.79% is also ahead of the benchmark\u2019s 5.91%. Our view is that the fund has shown better compounding than the benchmark across the longer windows, even though the margin is not large.<\/p>\n<p>The daily path also suggests a fairly controlled profile rather than a sharp trend. There are periods of softness, but the overall shape is one of gradual recovery rather than large drawdowns and explosive rebounds. For investors, that usually matters more than a single month\u2019s move because the fund is intended to behave like a steady allocator rather than a high-octane return engine.<\/p>\n<p>So the key takeaway is simple: recent returns have been modest, but the 3-year and 5-year numbers point to a stable long-run pattern that has held up better than the benchmark.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 10 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_Bandhan_Conservative_Hybrid_Passive_FOF\"><\/span>Should you BUY or HOLD Bandhan Conservative Hybrid Passive FOF?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding Bandhan Conservative Hybrid Passive FOF? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/bandhan-conservative-hybrid-passive-fof-g-direct-plan\">Bandhan Conservative Hybrid Passive FOF Direct Growth Plan<\/a><\/td>\n<td>3.77%<\/td>\n<td>7.74%<\/td>\n<td>6.79%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/edelweiss-emerging-markets-opp-eq-offshore-fund-g-direct-plan\">Edelweiss Emerging Markets Opp Eq. Offshore Fund Direct Growth Plan<\/a><\/td>\n<td>55.70%<\/td>\n<td>29.52%<\/td>\n<td>11.97%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/hsbc-global-emerging-markets-fund-g-direct-plan\">HSBC Global Emerging Markets Fund Direct Growth Plan<\/a><\/td>\n<td>52.99%<\/td>\n<td>29.63%<\/td>\n<td>12.76%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/kotak-global-emerging-market-overseas-equity-active-fof-g-direct-plan\">Kotak Global Emerging Market Overseas Equity Active FOF Direct Growth Plan<\/a><\/td>\n<td>46.00%<\/td>\n<td>27.35%<\/td>\n<td>12.66%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/hsbc-asia-pacific-ex-japan-dyf-g-direct-plan\">HSBC Asia Pacific (Ex Japan) DYF Direct Growth Plan<\/a><\/td>\n<td>39.66%<\/td>\n<td>28.40%<\/td>\n<td>15.47%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/hsbc-brazil-fund-g-direct-plan\">HSBC Brazil Fund Direct Growth Plan<\/a><\/td>\n<td>36.09%<\/td>\n<td>16.75%<\/td>\n<td>9.97%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.<\/p>\n<p>The current fund\u2019s 1-year return is far below the peer set shown here, but the longer windows tell a more balanced story. Its 3-year and 5-year returns are lower than the overseas equity-oriented peers in this table, yet they are steady in absolute terms and remain above the benchmark over the same periods.<\/p>\n<p>That contrast matters. The peer set includes funds that have benefited from stronger equity market momentum, while this scheme is built for a more conservative allocation profile. In our view, the short-term comparison looks weak, but the longer-term comparison is more defensible because the fund has maintained positive compounding rather than chasing sharper swings.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 10 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Bandhan CRISIL Ibx 9:1 SDL PS Gilt Apr 32 DR GR<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>37.50%<\/td>\n<\/tr>\n<tr>\n<td>Bandhan CRISIL Ibx Gilt Apr 28 Index FD DR PL GR<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>37.49%<\/td>\n<\/tr>\n<tr>\n<td>Bandhan Nifty Midcap 150 Index Fund-Direct PL-GRTH<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>24.09%<\/td>\n<\/tr>\n<tr>\n<td>Triparty Repo TRP_030826<\/td>\n<td>Cash &amp; Cash Equivalents and Net Assets<\/td>\n<td>0.73%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The single largest holding is 37.50%, so one sleeve can still have a meaningful influence on the fund\u2019s day-to-day movement. The next two positions are also large, at 37.49% and 24.09%, which means the portfolio is built around three very sizeable building blocks rather than many small satellite positions.<\/p>\n<p>Because the disclosed holdings list contains only four rows and the top holdings together account for 99.81% of the portfolio, the structure looks highly concentrated in the visible exposure set. That concentration may support a clear portfolio design, but it also means the fund\u2019s outcome is likely to depend heavily on the behaviour of a few underlying instruments.<\/p>\n<p>Between the largest holding and the smallest disclosed holding, the weight drops sharply from 37.50% to 0.73%. In our view, that steep drop-off suggests the portfolio does not have a long tail of minor positions in the visible sleeve. Instead, it looks tightly focused, with most of the weight concentrated in a small number of passive fund exposures.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 10 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund fits investors who are comfortable with Medium Risk and want a conservative hybrid-style exposure rather than an aggressive equity-led allocation. The 1-year return is modest, but the 3-year and 5-year figures show steadier compounding and better behaviour than the benchmark over the same horizons.<\/p>\n<p>The main trade-off is clear: investors may accept slower upside in exchange for a more controlled pattern of returns. That makes the fund more relevant for a longer holding period, where smoother progress matters more than chasing sharp short-term gains. The portfolio\u2019s heavy reliance on a few large passive holdings also means investors should be comfortable with concentration inside the disclosed sleeve.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Exit load:<\/strong> Nil up to 10% of investment and 1% for the remaining investment on or before 365 days. No exit load applies after the holding period.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 10 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_current_NAV_of_Bandhan_Conservative_Hybrid_Passive_FOF_Direct_Growth_Plan\"><\/span>What is the current NAV of Bandhan Conservative Hybrid Passive FOF Direct Growth Plan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The current NAV is \u20b937.4876 as of 10 Sep 2026.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_are_the_funds_1-year_3-year_and_5-year_returns\"><\/span>What are the fund\u2019s 1-year, 3-year and 5-year returns?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Its 1-year, 3-year and 5-year returns are 3.77%, 7.74% and 6.79% respectively.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_the_fund_compare_with_the_benchmark\"><\/span>How does the fund compare with the benchmark?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>It has outperformed the Nifty 50 over 1 year, 3 years and 5 years in the figures shown here. The gap is especially clear over 1 year, where the fund is positive and the benchmark is negative.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_it_compare_with_the_peer_funds_listed_here\"><\/span>How does it compare with the peer funds listed here?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund\u2019s short-term return is much lower than the peer funds shown, which are mostly equity-oriented overseas or global strategies. Its longer-term returns are also lower than those peers, but the fund has been more conservative and steadier relative to the benchmark.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Is_there_a_minimum_SIP_amount\"><\/span>Is there a minimum SIP amount?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Yes. The minimum SIP amount is \u20b9100.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_risk_category_and_who_manages_the_fund\"><\/span>What is the risk category and who manages the fund?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund carries a Medium Risk label and is managed by Karthik Kumar. Its portfolio is dominated by a few large passive fund positions, so the structure is relatively focused.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Bandhan Conservative Hybrid Passive FOF Direct Growth Plan looks like a conservative fund of funds that has delivered steadier longer-term compounding than the benchmark, even though its recent 1-year return is modest. The peer table shows that it trails the more aggressive global equity peers on return numbers, but that comparison also reflects a very different risk profile. With a Medium Risk label and a portfolio concentrated in a few large passive exposures, it suits investors who value measured progression over sharper upside.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 11 September 2026 at 10:06 AM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"Bandhan Conservative Hybrid Passive FOF Direct Growth Plan\",\"identifier\":\"bandhan-conservative-hybrid-passive-fof-g-direct-plan\",\"category\":\"Fund of Fund\",\"dateCreated\":\"01 Jan 2013\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":37.4876,\"valueReference\":\"as of 10 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"5 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.18\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":3.77},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":7.74},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":6.79},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Karthik Kumar\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of Bandhan Conservative Hybrid Passive FOF Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b937.4876 as of 10 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year, 3-year and 5-year returns are 3.77%, 7.74% and 6.79% respectively.\"}},{\"@type\":\"Question\",\"name\":\"How does the fund compare with the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has outperformed the Nifty 50 over 1 year, 3 years and 5 years in the figures shown here. The gap is especially clear over 1 year, where the fund is positive and the benchmark is negative.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with the peer funds listed here?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund\u2019s short-term return is much lower than the peer funds shown, which are mostly equity-oriented overseas or global strategies. Its longer-term returns are also lower than those peers, but the fund has been more conservative and steadier relative to the benchmark.\"}},{\"@type\":\"Question\",\"name\":\"Is there a minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes. The minimum SIP amount is \u20b9100.\"}},{\"@type\":\"Question\",\"name\":\"What is the risk category and who manages the fund?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund carries a Medium Risk label and is managed by Karthik Kumar. Its portfolio is dominated by a few large passive fund positions, so the structure is relatively focused.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bandhan Conservative Hybrid Passive FOF Direct Growth Plan has a NAV of \u20b937.4876 as of 10 Sep 2026, AUM of \u20b95 Cr, and 1Y\/3Y\/5Y returns of 3.77%, 7.74% and 6.79%.<\/p>\n","protected":false},"author":38,"featured_media":242966,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-242968","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["242966"],"rank_math_title":["Bandhan Conservative Hybrid Passive FOF Review 2026"],"rank_math_description":["Bandhan Conservative Hybrid Passive FOF Direct Growth Plan NAV \u20b937.4876 as of 10 Sep 2026; 1Y return 3.77%, 3Y 7.74%, 5Y 6.79%."],"rank_math_focus_keyword":["Bandhan Conservative Hybrid Passive FOF Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/Bandhan_Conservative_Hybrid_Passive_FOF_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/242968","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=242968"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/242968\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/242966"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=242968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=242968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=242968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}