Axis ESG Integration Strategy Fund vs HSBC Large Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Axis ESG Integration Strategy Fund is a Thematic fund and HSBC Large Cap Fund is a Large Cap fund. In the 3 years to 30-10-2026, Axis ESG Integration Strategy Fund (Direct) returned 7.7% a year and HSBC Large Cap Fund (Direct) returned 10.3% a year. Axis ESG Integration Strategy Fund charges 1.88% a year and HSBC Large Cap Fund 1.42% (Direct plans). Their portfolios overlap 27.4%: they hold 11 of the same securities.
Axis ESG Integration Strategy Fund
Thematic
- 3 year return
- 7.7%
- Expense ratio
- 1.88%
- NAV
- ₹21.13
Which is better, Axis ESG Integration Strategy or HSBC Large Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- HSBC Large Cap returned more over 5 years: 8.2% a year against 4.2%.
- HSBC Large Cap returned more over 3 years: 10.3% a year against 7.7%.
- HSBC Large Cap costs less: 1.42% a year against 1.88% (Direct plans).
- Axis ESG Integration Strategy swung less over 3 years: a standard deviation of 12.1% a year against 14.1%.
- Axis ESG Integration Strategy fell less in its worst fall since 18-02-2020: −24.3% against −35.2%.
- HSBC Large Cap holds more in large companies: 81.2% of the fund in large caps against 50.7%.
- HSBC Large Cap is the larger fund: ₹1,755 Cr against ₹993 Cr.
- Their portfolios overlap 27.4%: 11 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Axis ESG Integration Strategy Fund | HSBC Large Cap Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | HSBC Mutual Fund |
| Category | Thematic | Large Cap |
| AUM | ₹993 Cr (30-09-2026) | ₹1,755 Cr (30-09-2026) |
| NAV | ₹21.13 (Direct) | ₹513.79 (Direct) |
| Expense ratio (Direct) | 1.88% | 1.42% |
| Expense ratio (Regular) | 2.74% | 2.32% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 100 ESG TRI | Nifty 100 TRI |
| Launch date | 12-02-2020 | 10-12-2002 |
| Minimum investment | ₹100 | Rs. 5,000 per application |
| Lock in | None | None |
| Fund managers | Vishal Agarwal, Krishnaa N | Neelotpal Sahai, Mayank Chaturvedi, Dipan S. Parikh |
| Exit load | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months. | Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year. |
Axis ESG Integration Strategy vs HSBC Large Cap: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Axis ESG Integration Strategy Fund (Direct) | −2.27% | −6.88% | −3.65% | −10.35% | +7.71% | +4.17% | -- |
| HSBC Large Cap Fund (Direct) | 0.00% | −3.95% | −0.25% | −5.32% | +10.25% | +8.24% | +11.64% |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | -- |
| Large Cap average | +0.62% | −4.36% | −1.05% | −6.33% | +10.38% | +8.23% | +11.81% |
Category average: the average of the 235 Thematic funds and the 35 Large Cap funds, same plan type.
Axis ESG Integration Strategy vs HSBC Large Cap: Year-wise Returns
| Year | Axis ESG Integration StrategyAxis ESG Integration Strategy | HSBC Large CapHSBC Large Cap |
|---|---|---|
| 2026to date | −10.58% | −6.78% |
| 2025 | +4.19% | +5.78% |
| 2024 | +17.09% | +19.42% |
| 2023 | +25.86% | +24.69% |
| 2022 | −10.63% | +1.46% |
| 2021 | +26.62% | +23.86% |
Axis ESG Integration Strategy vs HSBC Large Cap: Rolling Returns
Every holding period of both funds, against NIFTY100 ESG TRI, the benchmark of Axis ESG Integration Strategy Fund
Rolling returns
Every 3-year holding period, 915 of them, one for each trading day from 20-02-2023 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Axis ESG Integration Strategy Fund (Direct)
HSBC Large Cap Fund (Direct)
NIFTY100 ESG TRI
to
Jun 2023Jan 2021
to
Jan 2024Sept 2021
to
Sept 2024Apr 2022
to
Apr 2025Dec 2022
to
Dec 2025Jul 2023
to
Jul 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Axis ESG Integration Strategy | 0.0 | 0.0 | 11.3 | 60.0 | 27.7 | 1.1 | 0.0 | 13.4% | 13.2% | 7.1% | 22.2% | 14% |
| HSBC Large Cap | 0.0 | 0.0 | 2.9 | 29.9 | 51.9 | 14.4 | 0.9 | 16.3% | 16.3% | 8.8% | 28.7% | 72% |
| NIFTY100 ESG TRI | 0.0 | 0.0 | 5.7 | 44.8 | 36.4 | 10.6 | 2.5 | 15.4% | 15.0% | 7.9% | 31.4% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is NIFTY100 ESG TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 18-02-2020. Past returns do not promise future returns.
Axis ESG Integration Strategy vs HSBC Large Cap: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 18-02-2020 to 30-10-2026: 81 instalments, ₹8,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Axis ESG Integration StrategyAxis ESG Integration Strategy Fund (Direct) | ₹8,10,000 | ₹10,37,971 | ₹2,27,971 | 7.3% |
| HSBC Large CapHSBC Large Cap Fund (Direct) | ₹8,10,000 | ₹11,59,603 | ₹3,49,603 | 10.5% |
Axis ESG Integration StrategyAxis ESG Integration Strategy Fund (Direct)
HSBC Large CapHSBC Large Cap Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Axis ESG Integration Strategy vs HSBC Large Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis ESG Integration Strategy Fund (Direct) | HSBC Large Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −10.35% | −5.32% |
| Standard deviation | 12.62% | 14.50% |
| Sharpe ratio | -1.24 | -0.73 |
| Sortino ratio | -1.61 | -0.97 |
| Maximum drawdown | −14.5% (30-03-2026) | −13.8% (31-03-2026) |
| Beta | 0.83 | 1.02 |
| Alpha | −6.43% | +3.62% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Axis ESG Integration Strategy Fund (Direct) | HSBC Large Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.71% | +10.25% |
| Standard deviation | 12.05% | 14.12% |
| Sharpe ratio | 0.14 | 0.30 |
| Sortino ratio | 0.19 | 0.41 |
| Maximum drawdown | −17.6% (30-03-2026) | −17.7% (28-02-2025) |
| Beta | 0.83 | 1.01 |
| Alpha | −2.05% | +1.14% |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Axis ESG Integration Strategy Fund (Direct) | HSBC Large Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +4.17% | +8.24% |
| Standard deviation | 12.76% | 14.37% |
| Sharpe ratio | -0.13 | 0.17 |
| Sortino ratio | -0.17 | 0.23 |
| Maximum drawdown | −24.1% (17-06-2022) | −19.3% (17-06-2022) |
| Beta | 0.82 | 1.01 |
| Alpha | −2.71% | +1.01% |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Axis ESG Integration Strategy Fund (Direct) | HSBC Large Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.65% | +11.94% |
| Standard deviation | 14.28% | 16.15% |
| Sharpe ratio | 0.46 | 0.37 |
| Sortino ratio | 0.63 | 0.50 |
| Maximum drawdown | −24.3% (17-06-2022) | −36.0% (23-03-2020) |
| Beta | 0.74 | 1.00 |
| Alpha | +0.72% | −0.03% |
From daily NAVs, 18-02-2020 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Axis ESG Integration Strategy Fund (Direct)
HSBC Large Cap Fund (Direct)
NIFTY100 ESG TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis ESG Integration Strategy Fund (Direct) | −24.3% | 18-10-2021 | 17-06-2022 | 16-11-2023 | 17 months | −14.8% |
| HSBC Large Cap Fund (Direct) | −35.2% | 19-02-2020 | 23-03-2020 | 05-11-2020 | 7 months | −8.2% |
| NIFTY100 ESG TRI | −36.4% | 19-02-2020 | 23-03-2020 | 16-09-2020 | 6 months | −8.8% |
From daily values since 18-02-2020, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis ESG Integration Strategy Fund (Direct)
HSBC Large Cap Fund (Direct)
NIFTY100 ESG TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis ESG Integration Strategy Fund (Direct)
HSBC Large Cap Fund (Direct)
NIFTY100 ESG TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis ESG Integration Strategy Fund (Direct)
HSBC Large Cap Fund (Direct)
NIFTY100 ESG TRI
Against NIFTY100 ESG TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Axis ESG Integration Strategy Fund (Direct) | 84% | 85% | 7.96% |
| HSBC Large Cap Fund (Direct) | 93% | 93% | 4.34% |
From month-end values since 18-02-2020. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Axis ESG Integration Strategy vs HSBC Large Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Axis ESG Integration Strategy Fund, September 2026; HSBC Large Cap Fund, September 2026
Holdings in common
- Overlap
- 27.4%
- Held by both
- 11
- Only in Axis ESG Integration Strategy
- 30
- Only in HSBC Large Cap
- 26
| Security | % of Axis ESG Integration Strategy | % of HSBC Large Cap |
|---|---|---|
| Reliance Industries Limited | 8.25% | 6.26% |
| ICICI Bank Limited | 6.21% | 8.66% |
| Shriram Finance Limited | 4.29% | 4.48% |
| Axis Bank Limited | 3.70% | 2.79% |
| Bajaj Finance Limited | 5.66% | 2.19% |
| Titan Company Limited | 5.08% | 1.96% |
| SBI Life Insurance Company Limited | 1.03% | 0.97% |
| National Stock Exchange Of India Ltd | 0.97% | 1.14% |
| Tata Motors Ltd | 0.93% | 2.40% |
| Sun Pharmaceutical Industries Limited | 2.74% | 0.78% |
| Tata Consumer Products Limited | 0.05% | 1.08% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 27.4% means 27.4% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Axis ESG Integration Strategy Fund
| Security | % of fund |
|---|---|
| Clean Max Enviro Energy Solutions Limited | 6.94% |
| Piramal Finance Limited | 3.05% |
| Pidilite Industries Limited | 2.95% |
| PVR INOX Limited | 2.80% |
| CG Power and Industrial Solutions Limited | 2.58% |
Largest holdings only in HSBC Large Cap Fund
| Security | % of fund |
|---|---|
| HDFC Bank Limited | 8.48% |
| Sterlite Technologies Limited | 5.70% |
| Larsen & Toubro Limited | 5.36% |
| Eternal Limited | 4.56% |
| State Bank of India | 3.83% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis ESG Integration Strategy | HSBC Large Cap |
|---|---|---|
| Equity | 88.6% | 96.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 11.4% | 3.3% |
Market cap of stocks
| Market cap | Axis ESG Integration Strategy | HSBC Large Cap |
|---|---|---|
| Large Cap | 50.7% | 81.2% |
| Mid Cap | 14.8% | 7.3% |
| Small Cap | 21.1% | 6.8% |
| Not on AMFI's list | 2.1% | 1.5% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Axis ESG Integration Strategy | HSBC Large Cap |
|---|---|---|
| Banks | 9.9% | 23.8% |
| Finance | 14.0% | 6.7% |
| Retailing | 0.0% | 9.8% |
| Pharmaceuticals & Biotechnology | 9.1% | 2.9% |
| Petroleum Products | 8.3% | 6.3% |
| Power | 6.9% | 1.2% |
| Electrical Equipment | 6.1% | 0.0% |
| Telecom - Equipment & Accessories | 0.0% | 5.7% |
| Construction | 0.0% | 5.4% |
The six largest sectors of each fund's stocks, % of the fund.
Axis ESG Integration Strategy vs HSBC Large Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis ESG Integration Strategy Fund | HSBC Large Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.88% | 1.42% |
| Base expense ratio (Direct) | 1.20% | 1.03% |
| Total expense ratio (Regular) | 2.74% | 2.32% |
| Base expense ratio (Regular) | 1.93% | 1.79% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Axis ESG Integration Strategy with
Axis ESG Integration Strategy Fund vs HSBC Large Cap Fund: Frequently Asked Questions
What is the difference between Axis ESG Integration Strategy Fund and HSBC Large Cap Fund?
Axis ESG Integration Strategy Fund is a Thematic fund, HSBC Large Cap Fund is a Large Cap fund, run by Axis Mutual Fund and HSBC Mutual Fund. Their portfolios overlap 27.4%. Axis ESG Integration Strategy Fund charges 1.88% a year and HSBC Large Cap Fund 1.42%.
Which has given higher returns, Axis ESG Integration Strategy Fund or HSBC Large Cap Fund?
Over 1 year: Axis ESG Integration Strategy Fund −10.35%, HSBC Large Cap Fund −5.32%. Over 3 years: Axis ESG Integration Strategy Fund +7.71% a year, HSBC Large Cap Fund +10.25% a year. Over 5 years: Axis ESG Integration Strategy Fund +4.17% a year, HSBC Large Cap Fund +8.24% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Axis ESG Integration Strategy Fund or HSBC Large Cap Fund?
HSBC Large Cap Fund charges less: 1.42% a year against 1.88%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis ESG Integration Strategy Fund and HSBC Large Cap Fund overlap?
27.4%. They hold 11 of the same securities, the largest shared ones being RELIANCE, ICICIBANK, SHRIRAMFIN. From each fund's latest monthly portfolio.
Which is riskier, Axis ESG Integration Strategy Fund or HSBC Large Cap Fund?
On SEBI's riskometer, Axis ESG Integration Strategy Fund is rated Very High and HSBC Large Cap Fund Very High. Over 3 years, the standard deviation of daily returns was 12.05% and 14.12% a year.
Which is better for SIP, Axis ESG Integration Strategy Fund or HSBC Large Cap Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹6,81,260 in Axis ESG Integration Strategy Fund (XIRR 4.3% a year) and ₹7,40,216 in HSBC Large Cap Fund (XIRR 7.6% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Axis ESG Integration Strategy Fund and HSBC Large Cap Fund?
Yes. 27.4% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Axis ESG Integration Strategy Fund and HSBC Large Cap Fund?
Axis ESG Integration Strategy Fund: Vishal Agarwal, Krishnaa N. HSBC Large Cap Fund: Neelotpal Sahai, Mayank Chaturvedi, Dipan S. Parikh.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.