Find unbiased review of Top 10 Conservative Funds in India. In this Article, We will discuss about Best Conservative Funds available for Investment in India for 2024. And we will analyze in-depth performance of these list of Liquid Funds.
What are Conservative Funds?
Conservative funds could be defined as an investing strategy which works for the preservation of the value of investment portfolio by undergoing investment in lower risk securities such as money market and fixed-income securities.
These funds do not expose investors to high risk. Although they do not always provide high returns, yet they also prevent investors from suffering high financial losses.
The investors invested in conservative funds which include:
- Fixed income securities (government securities, bonds, money market instruments)
- Small companies
- Investment in the shares of the blue-chip companies which have the large market capitalization
This investment strategy works on the principle of capital preservation so as to generate satisfactory growth without affecting all the funds with enough investment in risk-taking funds.
Objective of Investment in Conservative Funds
The major objective of this fund is to enhance additional growth so as to beat inflation in the economy which in turn help the investors to get positive inflation-adjusted returns.
There is a variation in the investment guidelines and the information is provided to the investors through the website of the respective investment company.
These funds target asset allocation which includes 80% income assets and 20% growth assets which result in higher investment return for the investors.
Conservative funds are ideal for the given circumstances for investors which are based on long-term goals and have low-risk factors and includes:
- Education of children
- Retirement Planning
- Marriage of the grown-up children
Invest in Best Conservative Funds of 2024 – Fill up the Form Below
Top 10 Conservative Funds in India
Here is the list of Best Conservative Funds of 2024:
| Rank | Name of the Fund | 1st Yr. Return | 3rd Yr. Return |
| 1 | SBI Magnum Children’s Benefit Fund Direct | 4.49% | 14.84% |
| 2 | ICICI Pru Advisor Series-Thematic Direct-G | 1.60% | 10.94% |
| 3 | DSP Regular Savings Direct Plan-Growth | -1.86% | 6.45% |
| 4 | Tata Retirement Savings Conservative Direct-G | 2.35% | 9.84% |
| 5 | Aditya Birla SL Regular Savings Direct-G | -1.10% | 9.71% |
| 6 | Kotak Asset Allocator Direct-G | 4.73% | 9.59% |
| 7 | Axis Hybrid Series 24 Direct-G | 7.22% | 9.50% |
| 8 | BNP Paribas Conservative Hybrid Direct-G | 4.45% | 9.43% |
| 9 | DHFL Pramerica Hybrid Debt Direct-G | 6.63% | 9.18% |
| 10 | Franklin India Life Stage FoF 40s Direct-G | 2.20% | 8.55% |
Details of Best Conservative Funds of 2024
Find detailed analysis of these 10 Best Conservative Funds:
SBI Magnum Children’s Benefit Fund Direct
The objective of this fund is to provide a facility for investors to earn regular income by investing in money and debt market instruments and also in capital appreciation using an actively managed equity portfolio.
This fund is open-ended growth fund which was launched on 1st February 2013. Its benchmark is CRISIL MIP Blended Fund with asset size of Rs.13 crore as per 30th September 2018. The minimum investment for such type of funs is Rs.5000.
The return for this liquid fund is:
| Period | Return |
| 6 month | 1.3 |
| 1 year | 0.9 |
| 3 years | 14.0 |
ICICI Pru Advisor Series – Thematic Direct Fund – G
These funds help in generation of long-term capital appreciation from a portfolio for which investment is done in thematic equity and debt oriented schemes present in ICICI Prudential Mutual Fund such as:
- ICICI Prudential Infrastructure Fund
- ICICI Prudential Focused Equity Fund
- Technology Fund from ICICI Prudential
- ICICI Prudential Banking & Financial Services Fund
- ICICI Prudential Dividend Yield Equity Fund
and so on. However, this scheme provides no guarantee that it would help in achieving the objectives of the investors. These funds are suitable for those investors who seek
- Creation of wealth for a longer duration
- Generation of long-term capital appreciation
It is an open-ended fund with a benchmark of Nifty 50 and has an asset size of Rs.4.61 crore. It requires a minimum investment of Rs.5000 which would, in turn, help the investors to get a higher return.
The return for this liquid fund is:
| Period | Return |
| 6 month | -1.7 |
| 1 year | 0.5 |
| 3 years | 10.5 |
DSP Regular Savings Direct Plan Fund – Growth
This type of scheme helps in generation of attractive return on consistency with prudent risk portfolio which includes important quality debt securities.
Furthermore, it also aims for enhancing capital appreciation by investing in the equity of 100 largest corporates belonging to market capitalization and up to 105 of its corpus which is listed in the Indian stock market. It investment plan is based on growth and is an open-ended fund which was launched on 1st January 2013.
The benchmark of such fund is CRISIL MIP Blended Fund. The asset size of this fund is at Rs.8.78 crore with a minimum investment of Rs.500.
The return for this liquid fund is:
| Period | Return |
| 6 month | -3.4 |
| 1 year | -4.5 |
| 3 years | 6.0 |
Tata Retirement Savings Conservative Direct Fund – G
This fund helps the investors by providing them with a financial planning tool so that they would be able to avail long-term financial security which would be based on their goals when they plan for their retirement.
It is a growth based open-ended fund which was launched on 1st February 2013 and has an asset size of Rs.14 crore. The benchmark of such type of fund is CRISIL MIP Blended Fund and has a minimum investment of Rs.5000.
The return for this liquid fund is:
| Period | Return |
| 6 month | 2.1 |
| 1 year | 1.7 |
| 3 years | 10.2 |
Aditya Birla SL Regular Savings Direct Fund – G
It works on the objective of generating regular income so as to enhance the monthly payment to unitholders and thus increase capital growth for the business.
In such a scheme, there is no assurance of monthly income and is subjected to the availability of surplus distribution. This fund was launched on 1st February 2013 and is an open-ended growth fund. It has an asset size of Rs.4904.64 crore with a minimum investment of Rs.1000.
The return for this liquid fund is:
| Period | Return |
| 6 month | 0.1 |
| 1 year | -1.3 |
| 3 years | 9.7 |
Kotak Asset Allocator Direct Fund – G
The main purpose of this scheme is to generate long-term capital appreciation from the portfolios based on open-ended diversified equity schemes of Mutual Fund which are registered with SEBI.
The investment plan for such fund type of open-ended growth whose benchmark is Nifty 50. The asset size of this scheme is Rs.2.76 crore as per 30th September 2018 and has a minimum investment of Rs.5000.
The return for this liquid fund is:
| Period | Return |
| 6 month | 3.2 |
| 1 year | 5.4 |
| 3 years | 9.9 |
Axis Hybrid Series 24 Direct Fund – G
The primary objective of this scheme is to generate income by doing investment in high-quality income securities which get matured on or before the given date. On the other hand, a secondary objective is to generate capital appreciation by doing investment in equity and its related instruments.
It is a close-ended and growth-related investment plan. It was launched on 10th June 2015 and has an asset size of Rs.0.67 crore. The minimum investment for this scheme is Rs.5000 with a benchmark of CRISIL MIP Blended Fund.
The return for this liquid fund is:
| Period | Return |
| 6 month | 2.4 |
| 1 year | 7.8 |
| 3 years | 10.3 |
BNP Paribas Conservative Hybrid Direct Fund – G
The aim of this scheme is to provide regular returns by thoroughly investing in debt and money market instruments. In addition to this, a portion of investment of its assets is also done in equity and equity-related securities which would help in the generation of long-term appreciation.
It was launched on 1st January 2013 and has an asset size of Rs.1.98 crore and requires a minimum investment of Rs.1000.
The return for this liquid fund is:
| Period | Return |
| 6 month | 3.2 |
| 1 year | 4.5 |
| 3 years | 9.7 |
DHFL Pramerica Hybrid Debt Direct Fund – G
This scheme seeks income generation by investing in money and debt market instruments. It also seeks capital appreciation by investing in equity and its related instruments.
However, there is no assurance of generation of income from this investment and hence no guarantee of getting good returns.
The return for this liquid fund is:
| Period | Return |
| 6 month | 2.6 |
| 1 year | 5.5 |
| 3 years | 9.3 |
Franklin India Life Stage FoF 40s Direct Fund – G
This scheme helps the investors in generating superior and risk-adjusted returns in line with their chosen asset allocation.
It is a growth type of one ended fund which has an asset size of Rs.12.1 core and requires a minimum investment of Rs.5000.
The return for this liquid fund is:
| Period | Return |
| 6 month | 2.2 |
| 1 year | 1.3 |
| 3 years | 8.2 |
Invest in Best Conservative Funds of 2024 – Fill up the Form Below
Most Read Articles