Top 10 Conservative Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Indiabulls Savings Income FundHybridModerate9.0%5star22
ICICI Prudential Regular Savings FundHybridModerately High9.1%5star1,651
Essel Regular Savings Fund HybridModerate7.8%4star41
BNP Paribas Conservative Hybrid FundHybridModerate8.8%4star403
UTI Regular Savings FundHybridModerately High2.7%4star2,561
Aditya Birla Sun Life Regular Savings FundHybridModerately High4.0%4star2,236
Reliance Hybrid Bond FundHybridModerately High7.0%4star1,867
Kotak Debt HybridHybridModerate8.1%3star260
SBI Debt Hybrid FundHybridModerate6.7%3star1,206
UTI Charitable and Religious TrustsHybridModerately High8.8%3star748
UTI Monthly Income SchemeHybridModerate6.0%3star261
IDFC Regular Saving FundHybridModerately High7.8%3star201
Aditya Birla Sun Life MIP II - Savings 5HybridModerate5.9%3star298
Sundaram Regular Savings FundHybridModerate6.9%3star49
Canara Robeco Income Saver Fund HybridModerately High9.6%3star199
View All Top 10 Conservative Mutual Funds

Best Conservative Hybrid Mutual Funds

These funds majorly invest in debt with a small allocation to equity investments. People who are not much inclined to take risks can happily invest in these funds as they primarily put debt instruments in focus combined with a smaller percentage of equity funds to promote good returns. Returns are taxed as per your income tax slab if sold before three years and have negligible tax (20% with indexation benefit) post that period.

Purpose: Anyone looking for good returns without putting the hard earned money to market risks.

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

Indiabulls Savings Income Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Conservative segment and provided 11.52% annualized returns in the last 3 years. In the last 1 year, it gave 9.03% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 9.03% returns in the last 1 year. Groww rated this fund as 5 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Malay Shah, Sumit Bhatnagar

Launch Date01 Dec 2015
Min Investment Amt500
Groww Rating5star
AUM22Cr
1Y Returns9.0%

ICICI Prudential Regular Savings Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Conservative segment and provided 10.82% annualized returns in the last 3 years. In the last 1 year, it gave 9.07% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 9.07% returns in the last 1 year. Groww rated this fund as 5 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Rajat Chandak, Manish Banthia

Launch Date02 Jan 2013
Min Investment Amt5,000
Groww Rating5star
AUM1,651Cr
1Y Returns9.1%

Essel Regular Savings Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Conservative segment and provided 8.14% annualized returns in the last 3 years. In the last 1 year, it gave 7.75% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.75% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Amit Nigam, Killol Pandya

Launch Date01 Jan 2013
Min Investment Amt1,000
Groww Rating4star
AUM41Cr
1Y Returns7.8%

BNP Paribas Conservative Hybrid Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Conservative segment and provided 9.93% annualized returns in the last 3 years. In the last 1 year, it gave 8.75% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 8.75% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Abhijeet Dey, Karthikraj Lakshmanan, Mayank Prakash

Launch Date01 Jan 2013
Min Investment Amt1,000
Groww Rating4star
AUM403Cr
1Y Returns8.8%

UTI Regular Savings Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Conservative segment and provided 7.68% annualized returns in the last 3 years. In the last 1 year, it gave 2.73% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 2.73% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Amandeep Chopra, Ajay Tyagi

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating4star
AUM2,561Cr
1Y Returns2.7%

Aditya Birla Sun Life Regular Savings Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Conservative segment and provided 9.4% annualized returns in the last 3 years. In the last 1 year, it gave 3.99% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 3.99% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Satyabrata Mohanty, Vineet Maloo, Pranay Sinha

Launch Date25 Dec 2012
Min Investment Amt500
Groww Rating4star
AUM2,236Cr
1Y Returns4.0%

Reliance Hybrid Bond Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Conservative segment and provided 8.15% annualized returns in the last 3 years. In the last 1 year, it gave 7.03% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.03% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Amit Tripathi, Sanjay Parekh

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating4star
AUM1,867Cr
1Y Returns7.0%

Kotak Debt Hybrid - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Conservative segment and provided 9.16% annualized returns in the last 3 years. In the last 1 year, it gave 8.09% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 8.09% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Abhishek Bisen, Devender Singhal

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM260Cr
1Y Returns8.1%

SBI Debt Hybrid Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Conservative segment and provided 7.89% annualized returns in the last 3 years. In the last 1 year, it gave 6.74% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 6.74% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Dinesh Ahuja, Ruchit Mehta

Launch Date06 Jan 2013
Min Investment Amt5,000
Groww Rating3star
AUM1,206Cr
1Y Returns6.7%

UTI-MIS Advantage Plan - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Conservative segment and provided 9.4% annualized returns in the last 3 years. In the last 1 year, it gave 8.75% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 8.75% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: V Srivatsa, Amandeep Chopra

Launch Date08 Jan 2013
Min Investment Amt10,000
Groww Rating3star
AUM748Cr
1Y Returns8.8%

UTI Regular Savings Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Conservative segment and provided 7.99% annualized returns in the last 3 years. In the last 1 year, it gave 5.96% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 5.96% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: V Srivatsa, Amandeep Chopra

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM261Cr
1Y Returns6.0%

IDFC Regular Saving Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Conservative segment and provided 8.33% annualized returns in the last 3 years. In the last 1 year, it gave 7.85% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.85% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Anurag Mittal, Sumit Agrawal

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM201Cr
1Y Returns7.8%

Aditya Birla Sun Life Regular Savings Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Conservative segment and provided 8.57% annualized returns in the last 3 years. In the last 1 year, it gave 5.92% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 5.92% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Sunaina da Cunha

Launch Date25 Dec 2012
Min Investment Amt1,000
Groww Rating3star
AUM298Cr
1Y Returns5.9%

Sundaram Corporate Bond Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Conservative segment and provided 8.48% annualized returns in the last 3 years. In the last 1 year, it gave 6.91% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 6.91% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: S Krishnakumar, Dwijendra Srivastava, Siddharth Chaudhary, Sandeep Agarwal, Rohit Seksaria

Launch Date21 Jan 2013
Min Investment Amt5,000
Groww Rating3star
AUM49Cr
1Y Returns6.9%

Canara Robeco Income Saver Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Conservative segment and provided 8.72% annualized returns in the last 3 years. In the last 1 year, it gave 9.62% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 9.62% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Ravi Gopalakrishnan, Avnish Jain

Launch Date01 Jan 2013
Min Investment Amt5,000
Groww Rating3star
AUM199Cr
1Y Returns9.6%

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Who issues conservative mutual funds?

Asset management companies (or AMCs or fund houses) create mutual funds. All AMCs will have to be approved by the government body, Securities and Exchange Board of India (SEBI). All mutual funds have to be whetted by SEBI before it is open for the public to invest.

How to invest in conservative mutual funds on Groww?

One of the best ways to hedge against the small-cap volatility is to adopt a phased approach, also known as Systematic Investment Plan (SIP) approach. We are sure that you must be aware of SIP and its benefits. Buying in small quantity but buying regularly provides you with faster growth. On Groww.in, all transactions to and from AMC is done via BSE. When you decide to invest in a large cap mutual fund of your choice, you choose that mutual fund on the website and click ‘invest’. Following that, you are redirected to the BSE page where you make the payment. BSE then directs your money to the AMC managing your mutual fund. To be assured at your end, you can visit the individual AMC website after the payment. You would be able to see all your purchased units against your folio number.

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Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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