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SBI Conservative Hybrid Fund vs HDFC Hybrid Debt Fund

Updated June 2026 · both Conservative Hybrid funds · metrics from AMFI NAVs

In short: SBI Conservative Hybrid Fund has the higher 3-year return (+9.18%); SBI Conservative Hybrid Fund has the lower expense ratio (1.04%); SBI Conservative Hybrid Fund has the better risk-adjusted return (Sharpe 0.61). This is analysis from past data, not a recommendation.

MetricSBI Conservative Hybrid FundHDFC Hybrid Debt Fund
1Y return+4.33%+0.78%
3Y CAGR+9.18%+8.36%
5Y CAGR+9.10%+8.35%
Sharpe ratio0.610.40
Max drawdown-3.6%-4.1%
Volatility3.8%4.4%
Alpha+2.88%+2.06%
Expense ratio (Direct)1.04%1.17%
AUM₹9.7K Cr₹3.3K Cr

Winner on each row highlighted (lower is better for expense ratio and volatility; max drawdown closer to zero is better). Computed from AMFI NAVs - see methodology. No paid placement.

FAQ

Which has the lower expense ratio?

SBI Conservative Hybrid Fund has the lower Direct-plan expense ratio (1.04%), versus 1.17% for the other. Over long horizons a lower TER compounds into a meaningful difference.

Which has performed better over 3 years?

SBI Conservative Hybrid Fund has the higher 3-year CAGR (+9.18%). Past performance does not predict future returns - check volatility and drawdown too, shown above.

How are these figures calculated?

All returns, risk metrics and alpha are computed independently from AMFI daily NAVs using a disclosed methodology. FindMF takes no commission and this comparison is not a recommendation.

SBI Conservative Hybrid Fund detailsHDFC Hybrid Debt Fund detailsOpen in interactive compare