Franklin India Aggressive Hybrid Fund vs HSBC Aggressive Hybrid Fund
Direct Plan, Growth option · Data as on 30-10-2026
Franklin India Aggressive Hybrid Fund and HSBC Aggressive Hybrid Fund are both Aggressive Hybrid funds. In the 3 years to 30-10-2026, Franklin India Aggressive Hybrid Fund (Direct) returned 9.0% a year and HSBC Aggressive Hybrid Fund (Direct) returned 12.8% a year. Franklin India Aggressive Hybrid Fund charges 1.12% a year and HSBC Aggressive Hybrid Fund 0.98% (Direct plans). Their portfolios overlap 24.6%: they hold 19 of the same securities.
Franklin India Aggressive Hybrid Fund
Aggressive Hybrid
- 3 year return
- 9.0%
- Expense ratio
- 1.12%
- NAV
- ₹293.48
HSBC Aggressive Hybrid Fund
Aggressive Hybrid
- 3 year return
- 12.8%
- Expense ratio
- 0.98%
- NAV
- ₹65.67
Which is better, Franklin India Aggressive Hybrid or HSBC Aggressive Hybrid? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- HSBC Aggressive Hybrid returned more over 3 years: 12.8% a year against 9.0%.
- HSBC Aggressive Hybrid returned more over 1 year: 0.1% against −7.5%.
- HSBC Aggressive Hybrid costs less: 0.98% a year against 1.12% (Direct plans).
- Franklin India Aggressive Hybrid swung less over 3 years: a standard deviation of 9.8% a year against 13.5%.
- Franklin India Aggressive Hybrid fell less in its worst fall since 28-11-2022: −10.7% against −19.6%.
- HSBC Aggressive Hybrid is the larger fund: ₹5,652 Cr against ₹2,264 Cr.
- Their portfolios overlap 24.6%: 19 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 | Franklin India Aggressive Hybrid Fund | HSBC Aggressive Hybrid Fund |
|---|---|---|
| Fund house | Franklin Templeton Mutual Fund | HSBC Mutual Fund |
| Category | Aggressive Hybrid | Aggressive Hybrid |
| AUM | ₹2,264 Cr (30-09-2026) | ₹5,652 Cr (30-09-2026) |
| NAV | ₹293.48 (Direct) | ₹65.67 (Direct) |
| Expense ratio (Direct) | 1.12% | 0.98% |
| Expense ratio (Regular) | 2.24% | 1.99% |
| Riskometer | Not available | Very High |
| Benchmark | CRISIL Hybrid 35+65 - Aggressive Index | NIFTY 50 Hybrid Composite Debt 65:35 Index |
| Launch date | 10-12-1999 | 07-02-2011 |
| Minimum investment | 5000/1 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Rajasa Kakulavarapu, Ajay Argal, Chandni Gupta, Anuj Tagra, Sandeep Manam | Gautam Bhupal, Shriram Ramanathan, Mohd. Asif Rizwi, Mayank Chaturvedi, Dipan S. Parikh |
| Exit load | <ul style="text-align: justify;"> <li>Upto 10% of the Units may be redeemed without any exit load within 1 year from the date of allotment.</li> <li>Any redemption in excess of the above limit shall be subject to the following exit load: <ul> <li>1.00% - if redeemed on or before 1 year from the date of allotment</li> <li>Nil - if redeemed after 1 year from the date of allotment</li> </ul> </li> </ul> <a href="https://franklintempletonprod.widen.net/content/1kfi47ctpw/original/Illustration-on-Exit-load_FIEHF-en-in-jp11udt8.pdf" target="_blank">Exit Load Illustration</a> | Exit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year |
Franklin India Aggressive Hybrid vs HSBC Aggressive Hybrid: 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 |
|---|---|---|---|---|---|---|---|
| Franklin India Aggressive Hybrid Fund (Direct) | −1.83% | −5.27% | −2.82% | −7.45% | +8.97% | +8.42% | +10.83% |
| HSBC Aggressive Hybrid Fund (Direct) | −2.00% | −1.75% | +3.01% | +0.09% | +12.82% | -- | -- |
| Aggressive Hybrid average | −0.88% | −3.67% | −0.27% | −3.33% | +10.77% | -- | -- |
Category average: the average of the 29 Aggressive Hybrid funds, same plan type.
Franklin India Aggressive Hybrid vs HSBC Aggressive Hybrid: Year-wise Returns
| Year | Franklin IndiaFranklin India Aggressive Hybrid | HSBCHSBC Aggressive Hybrid |
|---|---|---|
| 2026to date | −6.75% | +1.78% |
| 2025 | +4.72% | +2.49% |
| 2024 | +18.89% | +23.98% |
| 2023 | +23.90% | +25.59% |
| 2022 | +5.76% | -- |
| 2021 | +25.03% | -- |
Franklin India Aggressive Hybrid vs HSBC Aggressive Hybrid: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 226 of them, one for each trading day from 28-11-2025 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.
Franklin India Aggressive Hybrid Fund (Direct)
HSBC Aggressive Hybrid Fund (Direct)
to
Dec 2025Feb 2023
to
Feb 2026Apr 2023
to
Apr 2026Jun 2023
to
Jun 2026Aug 2023
to
Aug 2026Oct 2023
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Franklin India Aggressive Hybrid | 0.0 | 0.0 | 14.6 | 62.4 | 23.0 | 0.0 | 0.0 | 13.0% | 13.2% | 8.1% | 16.4% |
| HSBC Aggressive Hybrid | 0.0 | 0.0 | 0.0 | 49.6 | 50.4 | 0.0 | 0.0 | 15.1% | 15.0% | 11.5% | 17.8% |
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. Every fund is measured over the days all of them have, from 28-11-2022. Past returns do not promise future returns.
Franklin India Aggressive Hybrid vs HSBC Aggressive Hybrid: 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 01-11-2022 to 30-10-2026: 48 instalments, ₹4,80,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Franklin India Aggressive HybridFranklin India Aggressive Hybrid Fund (Direct) | ₹4,80,000 | ₹5,30,351 | ₹50,351 | 4.9% |
| HSBC Aggressive HybridHSBC Aggressive Hybrid Fund (Direct) | ₹4,80,000 | ₹5,81,587 | ₹1,01,587 | 9.6% |
Franklin India Aggressive HybridFranklin India Aggressive Hybrid Fund (Direct)
HSBC Aggressive HybridHSBC Aggressive Hybrid 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.
Franklin India Aggressive Hybrid vs HSBC Aggressive Hybrid: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Franklin India Aggressive Hybrid Fund (Direct) | HSBC Aggressive Hybrid Fund (Direct) |
|---|---|---|
| Return (CAGR) | −7.45% | +0.09% |
| Standard deviation | 10.30% | 12.48% |
| Sharpe ratio | -1.23 | -0.41 |
| Sortino ratio | -1.63 | -0.56 |
| Maximum drawdown | −10.7% (30-03-2026) | −10.7% (23-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
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 | Franklin India Aggressive Hybrid Fund (Direct) | HSBC Aggressive Hybrid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.97% | +12.82% |
| Standard deviation | 9.78% | 13.55% |
| Sharpe ratio | 0.30 | 0.50 |
| Sortino ratio | 0.41 | 0.67 |
| Maximum drawdown | −10.7% (30-03-2026) | −19.6% (28-02-2025) |
| Beta | -- | -- |
| Alpha | -- | -- |
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 | Franklin India Aggressive Hybrid Fund (Direct) | HSBC Aggressive Hybrid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.85% | +12.67% |
| Standard deviation | 10.97% | 12.44% |
| Sharpe ratio | 0.62 | 0.52 |
| Sortino ratio | 0.84 | 0.70 |
| Maximum drawdown | −27.8% (23-03-2020) | −19.6% (28-02-2025) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 01-01-2013 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.
Franklin India Aggressive Hybrid Fund (Direct)
HSBC Aggressive Hybrid Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Franklin India Aggressive Hybrid Fund (Direct) | −10.7% | 20-11-2025 | 30-03-2026 | Not yet | -- | −7.8% |
| HSBC Aggressive Hybrid Fund (Direct) | −19.6% | 16-12-2024 | 28-02-2025 | 17-09-2025 | 7 months | −5.6% |
From daily values since 28-11-2022, 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.
Franklin India Aggressive Hybrid Fund (Direct)
HSBC Aggressive Hybrid Fund (Direct)
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.
Franklin India Aggressive Hybrid Fund (Direct)
HSBC Aggressive Hybrid Fund (Direct)
Franklin India Aggressive Hybrid vs HSBC Aggressive Hybrid: Portfolio Overlap
From each fund's latest monthly portfolio: Franklin India Aggressive Hybrid Fund, September 2026; HSBC Aggressive Hybrid Fund, September 2026
Holdings in common
- Overlap
- 24.6%
- Held by both
- 19
- Only in Franklin India Aggressive Hybrid
- 57
- Only in HSBC Aggressive Hybrid
- 78
| Security | % of Franklin India Aggressive Hybrid | % of HSBC Aggressive Hybrid |
|---|---|---|
| HDFC Bank Ltd | 2.97% | 3.16% |
| ICICI Bank Ltd | 2.86% | 4.40% |
| Eternal Ltd | 2.40% | 2.69% |
| Bharat Electronics Ltd | 2.04% | 1.93% |
| Bharti Airtel Ltd | 2.07% | 1.44% |
| Cholamandalam Investment and Finance Co Ltd | 1.43% | 1.46% |
| Interglobe Aviation Ltd | 1.34% | 2.16% |
| RBL Bank Ltd | 1.51% | 1.29% |
| Axis Bank Ltd | 2.87% | 1.24% |
| Mahindra & Mahindra Ltd | 2.35% | 1.24% |
| Lenskart Solutions Ltd | 1.06% | 1.43% |
| Multi Commodity Exchange Of India Ltd | 1.02% | 1.29% |
| 360 One Wam Ltd | 0.91% | 0.91% |
| Pine Labs Ltd | 1.21% | 0.84% |
| PB Fintech Ltd | 0.70% | 0.63% |
| Larsen & Toubro Ltd | 2.06% | 0.55% |
| Global Health Ltd | 1.25% | 0.52% |
| ZF Commercial Vehicle Control Systems India Ltd | 0.50% | 0.45% |
| Eris Lifesciences Ltd | 0.96% | 0.43% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 24.6% means 24.6% 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 Franklin India Aggressive Hybrid Fund
| Security | % of fund |
|---|---|
| 0.00% Jubilant Bevco Ltd (31-May-2028) | 4.96% |
| 0.00% Jubilant Beverages Ltd (31-May-2028) | 3.03% |
| State Bank of India | 2.84% |
| 7.65% Poonawalla Fincorp Ltd (21-Apr-2027) | 2.28% |
| Reliance Industries Ltd | 1.73% |
Largest holdings only in HSBC Aggressive Hybrid Fund
| Security | % of fund |
|---|---|
| GE Vernova T&D India Limited | 3.49% |
| Karur Vysya Bank Limited | 2.73% |
| CG Power And Industrial Solutions Ltd | 2.67% |
| Radico Khaitan Limited | 2.55% |
| ICICI Prudential AMC Ltd | 1.80% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Franklin India Aggressive Hybrid | HSBC Aggressive Hybrid |
|---|---|---|
| Equity | 70.3% | 74.6% |
| Debt | 26.9% | 20.3% |
| Cash and others | 2.8% | 5.1% |
Market cap of stocks
| Market cap | Franklin India Aggressive Hybrid | HSBC Aggressive Hybrid |
|---|---|---|
| Large Cap | 38.3% | 32.5% |
| Mid Cap | 13.2% | 19.9% |
| Small Cap | 17.7% | 18.4% |
| Not on AMFI's list | 1.2% | 3.8% |
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 | Franklin India Aggressive Hybrid | HSBC Aggressive Hybrid |
|---|---|---|
| Banks | 13.1% | 12.8% |
| Capital Markets | 4.1% | 10.0% |
| Electrical Equipment | 1.7% | 9.2% |
| Retailing | 3.5% | 6.4% |
| Industrial Products | 3.8% | 4.8% |
| Automobiles | 4.6% | 3.3% |
| Pharmaceuticals & Biotechnology | 3.6% | 4.0% |
The six largest sectors of each fund's stocks, % of the fund.
Franklin India Aggressive Hybrid vs HSBC Aggressive Hybrid: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Franklin India Aggressive Hybrid Fund | HSBC Aggressive Hybrid Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.12% | 0.98% |
| Base expense ratio (Direct) | 0.77% | 0.73% |
| Total expense ratio (Regular) | 2.24% | 1.99% |
| Base expense ratio (Regular) | 1.74% | 1.59% |
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 Franklin India Aggressive Hybrid with
Franklin India Aggressive Hybrid Fund vs HSBC Aggressive Hybrid Fund: Frequently Asked Questions
What is the difference between Franklin India Aggressive Hybrid Fund and HSBC Aggressive Hybrid Fund?
Both are Aggressive Hybrid funds, run by Franklin Templeton Mutual Fund and HSBC Mutual Fund. Their portfolios overlap 24.6%. Franklin India Aggressive Hybrid Fund charges 1.12% a year and HSBC Aggressive Hybrid Fund 0.98%.
Which has given higher returns, Franklin India Aggressive Hybrid Fund or HSBC Aggressive Hybrid Fund?
Over 1 year: Franklin India Aggressive Hybrid Fund −7.45%, HSBC Aggressive Hybrid Fund +0.09%. Over 3 years: Franklin India Aggressive Hybrid Fund +8.97% a year, HSBC Aggressive Hybrid Fund +12.82% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Franklin India Aggressive Hybrid Fund or HSBC Aggressive Hybrid Fund?
HSBC Aggressive Hybrid Fund charges less: 0.98% a year against 1.12%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Franklin India Aggressive Hybrid Fund and HSBC Aggressive Hybrid Fund overlap?
24.6%. They hold 19 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, ETERNAL. From each fund's latest monthly portfolio.
Which is better for SIP, Franklin India Aggressive Hybrid Fund or HSBC Aggressive Hybrid Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,75,740 in Franklin India Aggressive Hybrid Fund (XIRR 1.0% a year) and ₹4,09,880 in HSBC Aggressive Hybrid Fund (XIRR 6.6% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Franklin India Aggressive Hybrid Fund and HSBC Aggressive Hybrid Fund?
Yes. 24.6% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Franklin India Aggressive Hybrid Fund and HSBC Aggressive Hybrid Fund?
Franklin India Aggressive Hybrid Fund: Rajasa Kakulavarapu, Ajay Argal, Chandni Gupta, Anuj Tagra, Sandeep Manam. HSBC Aggressive Hybrid Fund: Gautam Bhupal, Shriram Ramanathan, Mohd. Asif Rizwi, 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.