Parag Parikh Conservative Hybrid Fund

An open-ended hybrid scheme investing predominantly in debt instruments
FACT SHEET - AUGUST 2021

Name of the fund Parag Parikh Conservative Hybrid Fund
Investment Objective To generate regular income through investments predominantly in debt and money market instruments. The Scheme also seeks to generate long term capital appreciation from the portion of equity investments under the scheme. However, there is no assurance or guarantee that the investment objective of the Scheme will be realized.
Type of the scheme An open ended hybrid scheme investing predominantly in debt instruments.
Date of Allotment  26th May 2021
Name of the Fund Managers  Mr. Rajeev Thakkar - Equity Fund Manager
(Since Inception)
Mr. Raunak Onkar - Equity Fund Manager
(Since Inception)
Mr. Raj Mehta - Debt Fund Manager
(Since Inception)
Month End Expense Ratio Regular Plan: 0.60%*
Direct Plan: 0.30%*
*Including additional expenses and GST on management fees. Total Expense ratio is as on last business day of the month
Benchmark Index CRISIL Hybrid 85+15 - Conservative Index TRI
Additional Benchmark  CRISIL 10 year GILT Index
Minimum Application Amount New Purchase: 5000 and in multiples of 1 thereafter.
Additional Purchase: 1000 and in multiples of 1 thereafter.
Monthly SIP: 1000 and Quarterly SIP 3000

Assets Under Management (AUM) as on August 31, 2021
394.38 Crores
Average AUM for the Month
361.97 Crores

Net Asset Value (NAV) as on August 31, 2021
Regular Plan 10.1627
Direct Plan 10.1710
Regular Plan - Monthly IDCW 10.0316
Direct Plan - Monthly IDCW 10.0317

Entry Load
Not Applicable
Exit Load
10% of the units (“the limit”) may be redeemed without any exit load from the date of allotment. 1% for redemption within 1 Year and Nil for redemption beyond 1 Year from the date of allotment.

Average Maturity (Years)*
6.40
Modified Duration (Years)*
4.8792
Yield to Maturity*^
6.58%
Macaulay duration*
5.0438
*Calculated on amount invest in debt securities (including accrued interest),
deployment of funds in TREPS & Reverse Repo and net receivables/payables.
^YTM is calculated on the basis of annualised yield for all securities.

Equity and Equity Related Instruments
Name
Industry
% of Net Assets
Coal India Ltd.
Minerals/Mining
2.58%
Petronet LNG Ltd.
Gas
2.50%
ITC Ltd.
Consumer Non Durables
2.47%
Bajaj Auto Ltd.
Auto
2.39%
Power Grid Corporation of India Ltd.
Power
2.36%
Sub total
12.30%
Units issued by REITs & InvITs
Listed / awaiting listing on the stock exchanges
Name
Industry
% of Net Assets
Brookfield India REIT
Construction
4.12%
Embassy Office Parks REIT
Construction
2.61%
Mindspace Business Parks REIT
Construction
2.57%
Sub total
9.30%
Debt and Money Market Instruments
Name
Rating
% of Net Assets
a) Corporate Bond/NCD
7.70% India Grid Trust 06-May-2028
CRISIL AAA
1.28%
b) Government Securities
8.16% State Government of Rajasthan 09-May-2028
Sovereign
6.85%
8.00% State Government of Kerala 11-Apr-2028
Sovereign
6.80%
7.92% State Government of Uttar Pradesh 24-Jan-2028
Sovereign
6.79%
7.88% State Government of Madhya Pradesh 24-Jan-2028
Sovereign
5.42%
8.42% State Government of Madhya Pradesh 08-Aug-2028
Sovereign
4.17%
8.34% State Government of Punjab 30-May-2028
Sovereign
4.15%
8.08% State Government of Maharashtra 26-Dec-2028
Sovereign
4.12%
6.99% State Government of Telangana 10-Jun-2028
Sovereign
3.88%
8.43% State Government of Goa 13-Mar-2029
Sovereign
2.78%
8.08% State Government of Tamil Nadu 26-Dec-2028
Sovereign
2.75%
7.99% State Government of Punjab 11-Apr-2028
Sovereign
2.72%
8.49% State Government of Uttarakhand 21-Aug-2028
Sovereign
1.40%
8.45% State Government of Uttar Pradesh 27-Jun-2028
Sovereign
1.39%
8.41% State Government of Kerala 06-Jun-2028
Sovereign
1.39%
8.34% State Government of Tamil Nadu 28-Feb-2028
Sovereign
1.39%
8.33% State Government of Kerala 30-May-2028
Sovereign
1.38%
8.29% State Government of Haryana 14-Mar-2028
Sovereign
1.38%
8.25% State Government of Tamil Nadu 02-Jan-2029
Sovereign
1.38%
8.15% State Government of Tamil Nadu 09-May-2028
Sovereign
1.37%
8.09% State Government of West Bengal 27-Mar-2028
Sovereign
1.37%
8.11% State Government of Chhattisgarh 31-Jan-2028
Sovereign
1.37%
7.86% State Government of Haryana 27-Dec-2027
Sovereign
1.36%
7.98% State Government of Uttar Pradesh 11-Apr-2028
Sovereign
1.36%
7.97% State Government of Assam 18-Apr-2028
Sovereign
1.36%
7.65% State Government of Karnataka 06-Dec-2027
Sovereign
1.35%
7.53% State Government of West Bengal 22-Nov-2027
Sovereign
1.34%
6.79% State Government of West Bengal 30-Jun-2028
Sovereign
1.28%
5.63% Government of India 12-Apr-2026
Sovereign
1.27%
Sub total
73.57%
c) TREPS and Other Receivables and Payables
TREPS Including Cash & Cash Equivalent and Net Current Asset
2.42%
d) Fixed Deposits
5.10% Axis Bank Ltd. (Duration 367 Days)
0.25%
4.90% HDFC Bank Ltd. (Duration 365 Days)
0.38%
4.90% HDFC Bank Ltd. (Duration 368 Days)
0.25%
4.90% HDFC Bank Ltd. (Duration 365 Days)
0.25%
Sub total
1.13%
Net Assets
100.00%

Source: Internal sources

Source: Internal sources

Dividend History - Monthly Income Distribution cum capital Withdrawal option
Record date/
Payout Date
Direct
Regular
Regular
Direct
Regular
Direct
Retail
Corporate
Retail
Corporate
Face Value
NAV per Unit (Ex IDCW)
NAV per Unit (Ex IDCW)
NAV per Unit (Cum IDCW)
NAV per Unit (Cum IDCW)
30th Aug. 2021
0.1124
0.1124
0.1067
0.1067
10
10.0100
10.0100
10.1167
10.1224
31st July 2021
Nil
Nil
Nil
Nil
10
9.9879
9.9906
9.9879
9.9906
28th June 2021
0.0267
0.0267
0.0239
0.0239
10
10.0100
10.0100
10.0339
10.0367

Parag Parikh Conservative Hybrid Fund

This Product is suitable for investors who are seeking*

  • To generate regular income through investments predominantly in debt and money market instruments.
  • Long term capital appreciation from the portion of equity investments under the scheme.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

We have our Skin in the Game
The combined holding of 'Insiders' in Parag Parikh Conservative Hybrid Fund amounts to 5.581 Crores of AUM as at August 31, 2021. For more details please visit the 'Scheme' section of our website

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.