HDFC Aggressive Hybrid Fund vs HSBC Aggressive Hybrid Fund
Direct Plan, Growth option · Data as on 30-10-2026
HDFC Aggressive Hybrid Fund and HSBC Aggressive Hybrid Fund are both Aggressive Hybrid funds. In the 3 years to 30-10-2026, HDFC Aggressive Hybrid Fund (Direct) returned 6.3% a year and HSBC Aggressive Hybrid Fund (Direct) returned 12.8% a year. HDFC Aggressive Hybrid Fund charges 1.12% a year and HSBC Aggressive Hybrid Fund 0.98% (Direct plans). Their portfolios overlap 18.8%: they hold 14 of the same securities.
HDFC Aggressive Hybrid Fund
Aggressive Hybrid
- 3 year return
- 6.3%
- Expense ratio
- 1.12%
- NAV
- ₹119.62
HSBC Aggressive Hybrid Fund
Aggressive Hybrid
- 3 year return
- 12.8%
- Expense ratio
- 0.98%
- NAV
- ₹65.67
Which is better, HDFC 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 6.3%.
- HSBC Aggressive Hybrid returned more over 1 year: 0.1% against −8.9%.
- HSBC Aggressive Hybrid costs less: 0.98% a year against 1.12% (Direct plans).
- HDFC Aggressive Hybrid swung less over 3 years: a standard deviation of 9.5% a year against 13.5%.
- HDFC Aggressive Hybrid fell less in its worst fall since 28-11-2022: −12.6% against −19.6%.
- HDFC Aggressive Hybrid holds more in large companies: 51.8% of the fund in large caps against 32.5%.
- HDFC Aggressive Hybrid is the larger fund: ₹21,158 Cr against ₹5,652 Cr.
- Their portfolios overlap 18.8%: 14 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 | HDFC Aggressive Hybrid Fund | HSBC Aggressive Hybrid Fund |
|---|---|---|
| Fund house | HDFC Mutual Fund | HSBC Mutual Fund |
| Category | Aggressive Hybrid | Aggressive Hybrid |
| AUM | ₹21,158 Cr (30-09-2026) | ₹5,652 Cr (30-09-2026) |
| NAV | ₹119.62 (Direct) | ₹65.67 (Direct) |
| Expense ratio (Direct) | 1.12% | 0.98% |
| Expense ratio (Regular) | 1.71% | 1.99% |
| Riskometer | Very High | Very High |
| Benchmark | NIFTY 50 Hybrid Composite Debt 65:35 Index (Total Returns Index) | NIFTY 50 Hybrid Composite Debt 65:35 Index |
| Launch date | 11-09-2000 | 07-02-2011 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Ihab Dalwai, Gopal Agrawal, Anupam Joshi, Bhagyesh Kagalkar | Gautam Bhupal, Shriram Ramanathan, Mohd. Asif Rizwi, Mayank Chaturvedi, Dipan S. Parikh |
| Exit load | Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 1 year. | Exit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year |
HDFC 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 |
|---|---|---|---|---|---|---|---|
| HDFC Aggressive Hybrid Fund (Direct) | −0.29% | −4.34% | −1.45% | −8.91% | +6.27% | +7.24% | +9.86% |
| 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.
HDFC Aggressive Hybrid vs HSBC Aggressive Hybrid: Year-wise Returns
| Year | HDFCHDFC Aggressive Hybrid | HSBCHSBC Aggressive Hybrid |
|---|---|---|
| 2026to date | −8.88% | +1.78% |
| 2025 | +6.60% | +2.49% |
| 2024 | +13.66% | +23.98% |
| 2023 | +18.50% | +25.59% |
| 2022 | +9.58% | -- |
| 2021 | +26.50% | -- |
HDFC 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.
HDFC 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| HDFC Aggressive Hybrid | 0.0 | 0.0 | 61.5 | 38.5 | 0.0 | 0.0 | 0.0 | 9.2% | 8.3% | 5.2% | 13.6% |
| 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.
HDFC 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 |
|---|---|---|---|---|
| HDFC Aggressive HybridHDFC Aggressive Hybrid Fund (Direct) | ₹4,80,000 | ₹5,08,139 | ₹28,139 | 2.8% |
| HSBC Aggressive HybridHSBC Aggressive Hybrid Fund (Direct) | ₹4,80,000 | ₹5,81,587 | ₹1,01,587 | 9.6% |
HDFC Aggressive HybridHDFC 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.
HDFC 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 | HDFC Aggressive Hybrid Fund (Direct) | HSBC Aggressive Hybrid Fund (Direct) |
|---|---|---|
| Return (CAGR) | −8.91% | +0.09% |
| Standard deviation | 10.12% | 12.48% |
| Sharpe ratio | -1.40 | -0.41 |
| Sortino ratio | -1.83 | -0.56 |
| Maximum drawdown | −12.6% (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 | HDFC Aggressive Hybrid Fund (Direct) | HSBC Aggressive Hybrid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.27% | +12.82% |
| Standard deviation | 9.51% | 13.55% |
| Sharpe ratio | 0.03 | 0.50 |
| Sortino ratio | 0.04 | 0.67 |
| Maximum drawdown | −12.6% (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 | HDFC Aggressive Hybrid Fund (Direct) | HSBC Aggressive Hybrid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.80% | +12.67% |
| Standard deviation | 14.51% | 12.44% |
| Sharpe ratio | 0.33 | 0.52 |
| Sortino ratio | 0.45 | 0.70 |
| Maximum drawdown | −33.6% (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.
HDFC 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 |
|---|---|---|---|---|---|---|
| HDFC Aggressive Hybrid Fund (Direct) | −12.6% | 20-11-2025 | 30-03-2026 | Not yet | -- | −9.3% |
| 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.
HDFC 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.
HDFC Aggressive Hybrid Fund (Direct)
HSBC Aggressive Hybrid Fund (Direct)
HDFC Aggressive Hybrid vs HSBC Aggressive Hybrid: Portfolio Overlap
From each fund's latest monthly portfolio: HDFC Aggressive Hybrid Fund, September 2026; HSBC Aggressive Hybrid Fund, September 2026
Holdings in common
- Overlap
- 18.8%
- Held by both
- 14
- Only in HDFC Aggressive Hybrid
- 119
- Only in HSBC Aggressive Hybrid
- 83
| Security | % of HDFC Aggressive Hybrid | % of HSBC Aggressive Hybrid |
|---|---|---|
| ICICI Bank Ltd. | 6.87% | 4.40% |
| HDFC Bank Ltd. | 7.01% | 3.16% |
| Eternal Limited | 1.77% | 2.69% |
| Maruti Suzuki India Limited | 2.03% | 1.51% |
| Bharti Airtel Ltd. | 1.99% | 1.44% |
| InterGlobe Aviation Ltd. | 1.41% | 2.16% |
| Axis Bank Ltd. | 3.19% | 1.24% |
| Divis Laboratories Ltd. | 2.09% | 1.01% |
| Cholamandalam Investment & Finance Co. Ltd. | 0.68% | 1.46% |
| Sun Pharmaceutical Industries Ltd. | 0.60% | 0.77% |
| Larsen and Toubro Ltd. | 2.14% | 0.55% |
| Eris Lifesciences Ltd | 1.39% | 0.43% |
| Tata Motors Limited | 0.60% | 0.34% |
| PB Fintech Limited | 0.30% | 0.63% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 18.8% means 18.8% 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 HDFC Aggressive Hybrid Fund
| Security | % of fund |
|---|---|
| Reliance Industries Ltd. | 4.15% |
| Kotak Mahindra Bank Limited | 3.45% |
| State Bank of India | 2.86% |
| 7.34% GOI MAT 220464 | 2.18% |
| Infosys Limited | 1.88% |
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% |
| Bharat Electronics Limited | 1.93% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | HDFC Aggressive Hybrid | HSBC Aggressive Hybrid |
|---|---|---|
| Equity | 71.8% | 74.6% |
| Debt | 24.2% | 20.3% |
| Cash and others | 4.0% | 5.1% |
Market cap of stocks
| Market cap | HDFC Aggressive Hybrid | HSBC Aggressive Hybrid |
|---|---|---|
| Large Cap | 51.8% | 32.5% |
| Mid Cap | 4.9% | 19.9% |
| Small Cap | 15.1% | 18.4% |
| Not on AMFI's list | 0.0% | 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 | HDFC Aggressive Hybrid | HSBC Aggressive Hybrid |
|---|---|---|
| Banks | 23.4% | 12.8% |
| Capital Markets | 0.0% | 10.0% |
| Electrical Equipment | 0.0% | 9.2% |
| Retailing | 2.3% | 6.4% |
| Pharmaceuticals & Biotechnology | 5.2% | 4.0% |
| Industrial Products | 1.2% | 4.8% |
| Petroleum Products | 4.6% | 0.0% |
| Automobiles | 4.0% | 3.3% |
| IT - Software | 3.9% | 0.0% |
| Construction | 3.5% | 0.6% |
The six largest sectors of each fund's stocks, % of the fund.
HDFC Aggressive Hybrid vs HSBC Aggressive Hybrid: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | HDFC Aggressive Hybrid Fund | HSBC Aggressive Hybrid Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.12% | 0.98% |
| Base expense ratio (Direct) | 0.91% | 0.73% |
| Total expense ratio (Regular) | 1.71% | 1.99% |
| Base expense ratio (Regular) | 1.41% | 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 HDFC Aggressive Hybrid with
HDFC Aggressive Hybrid Fund vs HSBC Aggressive Hybrid Fund: Frequently Asked Questions
What is the difference between HDFC Aggressive Hybrid Fund and HSBC Aggressive Hybrid Fund?
Both are Aggressive Hybrid funds, run by HDFC Mutual Fund and HSBC Mutual Fund. Their portfolios overlap 18.8%. HDFC Aggressive Hybrid Fund charges 1.12% a year and HSBC Aggressive Hybrid Fund 0.98%.
Which has given higher returns, HDFC Aggressive Hybrid Fund or HSBC Aggressive Hybrid Fund?
Over 1 year: HDFC Aggressive Hybrid Fund −8.91%, HSBC Aggressive Hybrid Fund +0.09%. Over 3 years: HDFC Aggressive Hybrid Fund +6.27% 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, HDFC 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 HDFC Aggressive Hybrid Fund and HSBC Aggressive Hybrid Fund overlap?
18.8%. They hold 14 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, ETERNAL. From each fund's latest monthly portfolio.
Which is riskier, HDFC Aggressive Hybrid Fund or HSBC Aggressive Hybrid Fund?
On SEBI's riskometer, HDFC Aggressive Hybrid Fund is rated Very High and HSBC Aggressive Hybrid Fund Very High. Over 3 years, the standard deviation of daily returns was 9.51% and 13.55% a year.
Which is better for SIP, HDFC 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 ₹3,68,283 in HDFC Aggressive Hybrid Fund (XIRR -0.3% 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 HDFC Aggressive Hybrid Fund and HSBC Aggressive Hybrid Fund?
Yes. 18.8% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages HDFC Aggressive Hybrid Fund and HSBC Aggressive Hybrid Fund?
HDFC Aggressive Hybrid Fund: Ihab Dalwai, Gopal Agrawal, Anupam Joshi, Bhagyesh Kagalkar. 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.