{"id":257165,"date":"2026-09-18T15:11:02","date_gmt":"2026-09-18T09:41:02","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/sbi-conservative-hybrid-fund-direct-growth-review-2026\/"},"modified":"2026-09-18T15:11:02","modified_gmt":"2026-09-18T09:41:02","slug":"sbi-conservative-hybrid-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/sbi-conservative-hybrid-fund-direct-growth-review-2026\/","title":{"rendered":"SBI Conservative Hybrid Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/sbi-conservative-hybrid-fund-g-direct-plan\">SBI Conservative Hybrid Fund Direct Growth Plan<\/a> currently has an NAV of \u20b983.8297 as of 17 Sep 2026 and a scheme AUM of \u20b910,226 Cr. Its 1-year, 3-year and 5-year returns are 4.51%, 8.12% and 8.47% respectively, and the fund sits in the Medium Risk category.<\/p>\n<p>Our view is that this is a steady conservative hybrid option rather than a fast-growth fund. The recent 1-year return has been softer than its longer-term track, while the 3-year and 5-year figures point to more stable compounding over time. With a portfolio led by corporate debt and cash-like instruments, it may suit investors who want measured participation in growth with a lower-volatility profile.<\/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\/sbi-conservative-hybrid-fund-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\/sbi-conservative-hybrid-fund-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\/sbi-conservative-hybrid-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_SBI_Conservative_Hybrid\" title=\"Should you BUY or HOLD SBI Conservative Hybrid?\">Should you BUY or HOLD SBI Conservative Hybrid?<\/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\/sbi-conservative-hybrid-fund-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\/sbi-conservative-hybrid-fund-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\/sbi-conservative-hybrid-fund-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\/sbi-conservative-hybrid-fund-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\/sbi-conservative-hybrid-fund-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\/sbi-conservative-hybrid-fund-direct-growth-review-2026\/#What_is_the_current_NAV_of_SBI_Conservative_Hybrid_Fund_Direct_Growth_Plan\" title=\"What is the current NAV of SBI Conservative Hybrid Fund Direct Growth Plan?\">What is the current NAV of SBI Conservative Hybrid Fund 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\/sbi-conservative-hybrid-fund-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\/sbi-conservative-hybrid-fund-direct-growth-review-2026\/#How_does_the_fund_compare_with_the_Nifty_50_benchmark\" title=\"How does the fund compare with the Nifty 50 benchmark?\">How does the fund compare with the Nifty 50 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\/sbi-conservative-hybrid-fund-direct-growth-review-2026\/#How_does_it_compare_with_peer_funds_on_return_figures\" title=\"How does it compare with peer funds on return figures?\">How does it compare with peer funds on return figures?<\/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\/sbi-conservative-hybrid-fund-direct-growth-review-2026\/#What_is_the_minimum_SIP_amount\" title=\"What is the minimum SIP amount?\">What is the 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\/sbi-conservative-hybrid-fund-direct-growth-review-2026\/#Who_manages_the_fund_and_what_is_the_risk_profile\" title=\"Who manages the fund and what is the risk profile?\">Who manages the fund and what is the risk profile?<\/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\/sbi-conservative-hybrid-fund-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\/sbi-conservative-hybrid-fund-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\/sbi-conservative-hybrid-fund-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>\u20b983.8297 as of 17 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b910,226 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>1.05%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>07 Jan 2013<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9500<\/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>Hybrid<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>Nil for 10% of investment and 1% for remaining Investment on or before 1Y, Nil after 1Y<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Saurabh Pant, Mansi Sajeja<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Saurabh Pant and Mansi Sajeja.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 17 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>-0.8%<\/td>\n<td>-3.66%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>0.51%<\/td>\n<td>-3.71%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>4.51%<\/td>\n<td>-7.13%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>8.12%<\/td>\n<td>5.82%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>8.47%<\/td>\n<td>5.72%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Short-term behaviour has been mixed, but it is still better than the benchmark. The fund was slightly negative over 1 month, yet the benchmark fell more sharply, and the 3-month return turned mildly positive while the benchmark remained weaker. That pattern matters because conservative hybrid funds are often judged on their ability to limit damage when markets are choppy, and this fund has done that better than the benchmark in the recent window.<\/p>\n<p>The 1-year return is lower than the 3-year and 5-year figures, which tells us the latest stretch has been softer than the fund\u2019s broader compounding trend. Even so, the fund stayed well ahead of the benchmark over 1 year, while the benchmark was negative over that period. That gap suggests the portfolio\u2019s lower-volatility structure has helped cushion downside more effectively than a pure equity benchmark.<\/p>\n<p>Over 3 years and 5 years, the fund has held a reasonably consistent pace. The 3-year return at 8.12% and the 5-year return at 8.47% are close to each other, which points to a fairly stable long-term pattern rather than a sharp surge followed by a drop. Compared with the benchmark\u2019s 5-year 5.72% and 3-year 5.82%, the fund has maintained the better compounding path across longer holding periods.<\/p>\n<p>In our view, the main takeaway is that this is not a momentum-led fund. Its recent returns are modest, but its longer-term record is more dependable than the benchmark\u2019s in the periods shown, which is what matters for a conservative hybrid allocation.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 17 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_SBI_Conservative_Hybrid\"><\/span>Should you BUY or HOLD SBI Conservative Hybrid?<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 SBI Conservative Hybrid? 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\/nippon-india-conservative-hybrid-fund-g-direct-plan\">Nippon India Conservative Hybrid Fund Direct Growth Plan<\/a><\/td>\n<td>6.75%<\/td>\n<td>8.49%<\/td>\n<td>8.2%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/baroda-bnp-paribas-conservative-hybrid-fund-g-direct-plan\">Baroda BNP Paribas Conservative Hybrid Fund Direct Growth Plan<\/a><\/td>\n<td>4.69%<\/td>\n<td>8.28%<\/td>\n<td>7.41%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/parag-parikh-conservative-hybrid-fund-g-direct-plan\">Parag Parikh Conservative Hybrid Fund Direct Growth Plan<\/a><\/td>\n<td>4.64%<\/td>\n<td>9.13%<\/td>\n<td>9.31%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/sbi-conservative-hybrid-fund-g-direct-plan\">SBI Conservative Hybrid Fund Direct Growth Plan<\/a><\/td>\n<td>4.51%<\/td>\n<td>8.12%<\/td>\n<td>8.47%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/aditya-birla-sl-conservative-hybrid-fund-g-direct-plan\">Aditya Birla SL Conservative Hybrid Fund Direct Growth Plan<\/a><\/td>\n<td>4.33%<\/td>\n<td>8.39%<\/td>\n<td>7.92%<\/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. On 1-year performance, the fund trails the strongest peer in this set, though it remains close to the middle of the group. The 3-year and 5-year numbers are steadier, but a few peers have been stronger over the longer horizon, especially on 5-year compounding. That means the short-term comparison and the longer-term comparison do not tell exactly the same story: recent returns are adequate, while the longer-term picture is more moderate than the better peer outcomes shown here.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 17 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>National Bank for Agriculture and Rural Development<\/td>\n<td>Corporate Debt<\/td>\n<td>5.81%<\/td>\n<\/tr>\n<tr>\n<td>LIC Housing Finance Ltd.<\/td>\n<td>Corporate Debt<\/td>\n<td>4.87%<\/td>\n<\/tr>\n<tr>\n<td>TREPS<\/td>\n<td>Cash &amp; Cash Equivalents and Net Assets<\/td>\n<td>3.67%<\/td>\n<\/tr>\n<tr>\n<td>Muthoot Finance Ltd.<\/td>\n<td>Corporate Debt<\/td>\n<td>3.37%<\/td>\n<\/tr>\n<tr>\n<td>Bharti Telecom Ltd.<\/td>\n<td>Corporate Debt<\/td>\n<td>3.26%<\/td>\n<\/tr>\n<tr>\n<td>Cholamandalam Investment &amp; Finance Co. Ltd.<\/td>\n<td>Corporate Debt<\/td>\n<td>3.14%<\/td>\n<\/tr>\n<tr>\n<td>Adani Power Ltd.<\/td>\n<td>Corporate Debt<\/td>\n<td>2.92%<\/td>\n<\/tr>\n<tr>\n<td>JTPM Metal Traders Ltd.<\/td>\n<td>Corporate Debt<\/td>\n<td>2.9%<\/td>\n<\/tr>\n<tr>\n<td>REC Ltd.<\/td>\n<td>Corporate Debt<\/td>\n<td>2.65%<\/td>\n<\/tr>\n<tr>\n<td>Torrent Power Ltd.<\/td>\n<td>Corporate Debt<\/td>\n<td>2.45%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The top holding is National Bank for Agriculture and Rural Development at 5.81%, which is large enough to matter but not large enough to dominate the portfolio by itself. The weight then steps down gradually through the next several positions, with the tenth holding at 2.45%, so there is no single outsized concentration within the visible list.<\/p>\n<p>The top 10 holdings account for approximately 35.04% of the portfolio, which suggests that the fund is spread across a longer tail of positions rather than relying only on a few names. That matters in a conservative hybrid fund because credit and cash allocations can provide a stabilising base, while individual debt positions may still influence short-term movement. With 52 disclosed holdings in total, the exposure appears broad enough to reduce reliance on any one holding, even though the largest positions can still shape returns.<\/p>\n<p>In our view, the visible portfolio mix points to a measured, diversified structure. The leading names are mostly corporate debt exposures, and that may support the fund\u2019s steadier profile over time. It could also mean returns are more driven by carry and credit selection than by sharp market rallies.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/sbi-conservative-hybrid-fund-g-direct-plan\">SBI Conservative Hybrid Fund Direct Growth Plan<\/a> page<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 17 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 is best viewed by investors who are comfortable with Medium Risk and want a conservative hybrid allocation rather than a pure equity-style outcome. The 1-year return is softer than the 3-year and 5-year record, but the longer-term pattern is steady and has stayed ahead of the benchmark across the periods shown.<\/p>\n<p>It may suit a medium- to long-term horizon, especially for investors who value a smoother ride and can accept that upside may be more limited than in equity-heavy funds. The main trade-off is that the portfolio may help reduce volatility, but that generally comes with more moderate return potential than a more aggressive allocation. The debt-heavy, diversified structure supports that profile.<\/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><\/p>\n<ul>\n<li>Nil for 10% of the investment and 1% for the remaining investment if units are sold on or before 1 year.<\/li>\n<li>No exit load after the holding period of 1 year.<\/li>\n<\/ul>\n<p class=\"mf-source-date\"><small>Source data date: as of 17 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_SBI_Conservative_Hybrid_Fund_Direct_Growth_Plan\"><\/span>What is the current NAV of SBI Conservative Hybrid Fund Direct Growth Plan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The current NAV is \u20b983.8297 as of 17 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>The fund\u2019s 1-year, 3-year and 5-year returns are 4.51%, 8.12% and 8.47% respectively.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_the_fund_compare_with_the_Nifty_50_benchmark\"><\/span>How does the fund compare with the Nifty 50 benchmark?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>It has outperformed the benchmark across the periods shown. The benchmark return was -7.13% over 1 year, 5.82% over 3 years and 5.72% over 5 years.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_it_compare_with_peer_funds_on_return_figures\"><\/span>How does it compare with peer funds on return figures?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Its 1-year return is below Nippon India Conservative Hybrid Fund Direct Growth Plan at 6.75%, while its 3-year and 5-year returns are solid but below the strongest longer-term peer figures shown here.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_minimum_SIP_amount\"><\/span>What is the minimum SIP amount?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The minimum SIP amount is \u20b9500.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_manages_the_fund_and_what_is_the_risk_profile\"><\/span>Who manages the fund and what is the risk profile?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund is managed by Saurabh Pant and Mansi Sajeja. It is classified as Medium Risk, which fits its conservative hybrid structure and debt-heavy portfolio mix.<\/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>SBI Conservative Hybrid Fund Direct Growth Plan shows a softer recent year than its longer-term record, but the 3-year and 5-year returns still point to stable compounding. It has also held up better than the benchmark across the periods shown. Compared with peers, the fund is competitive but not the strongest on the longer horizon. The portfolio is led by corporate debt holdings and a meaningful cash-like allocation, which supports a steadier profile for investors who prefer balance over sharp upside.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 18 September 2026 at 3:10 PM 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\":\"SBI Conservative Hybrid Fund Direct Growth Plan\",\"identifier\":\"sbi-conservative-hybrid-fund-g-direct-plan\",\"category\":\"Hybrid\",\"dateCreated\":\"07 Jan 2013\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":83.8297,\"valueReference\":\"as of 17 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"10226 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"1.05\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":4.51},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":8.12},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":8.47},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Saurabh Pant, Mansi Sajeja\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of SBI Conservative Hybrid Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b983.8297 as of 17 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund\u2019s 1-year, 3-year and 5-year returns are 4.51%, 8.12% and 8.47% respectively.\"}},{\"@type\":\"Question\",\"name\":\"How does the fund compare with the Nifty 50 benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has outperformed the benchmark across the periods shown. The benchmark return was -7.13% over 1 year, 5.82% over 3 years and 5.72% over 5 years.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with peer funds on return figures?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year return is below Nippon India Conservative Hybrid Fund Direct Growth Plan at 6.75%, while its 3-year and 5-year returns are solid but below the strongest longer-term peer figures shown here.\"}},{\"@type\":\"Question\",\"name\":\"What is the minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The minimum SIP amount is \u20b9500.\"}},{\"@type\":\"Question\",\"name\":\"Who manages the fund and what is the risk profile?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is managed by Saurabh Pant and Mansi Sajeja. It is classified as Medium Risk, which fits its conservative hybrid structure and debt-heavy portfolio mix.\"}}]}<\/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>SBI Conservative Hybrid Fund Direct Growth Plan has a \u20b983.8297 NAV as of 17 Sep 2026, \u20b910,226 Cr AUM, and 1Y\/3Y\/5Y returns of 4.51%\/8.12%\/8.47%.<\/p>\n","protected":false},"author":38,"featured_media":257164,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-257165","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["257164"],"rank_math_title":["SBI Conservative Hybrid Fund Direct Growth Review"],"rank_math_description":["SBI Conservative Hybrid Fund Direct Growth Plan has a \u20b983.8297 NAV and 1Y return of 4.51% as of 17 Sep 2026."],"rank_math_focus_keyword":["SBI Conservative Hybrid Fund 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\/SBI_Conservative_Hybrid_Fund_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\/257165","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=257165"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/257165\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/257164"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=257165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=257165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=257165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}