HSBC Aggressive Hybrid Fund vs ICICI Prudential Aggressive Hybrid Fund
Direct Plan, Growth option · Data as on 30-10-2026
HSBC Aggressive Hybrid Fund and ICICI Prudential Aggressive Hybrid Fund are both Aggressive Hybrid funds. In the 3 years to 30-10-2026, HSBC Aggressive Hybrid Fund (Direct) returned 12.8% a year and ICICI Prudential Aggressive Hybrid Fund (Direct) returned 12.3% a year. HSBC Aggressive Hybrid Fund charges 0.98% a year and ICICI Prudential Aggressive Hybrid Fund 1.08% (Direct plans). Their portfolios overlap 18.6%: they hold 20 of the same securities.
HSBC Aggressive Hybrid Fund
Aggressive Hybrid
- 3 year return
- 12.8%
- Expense ratio
- 0.98%
- NAV
- ₹65.67
ICICI Prudential Aggressive Hybrid Fund
Aggressive Hybrid
- 3 year return
- 12.3%
- Expense ratio
- 1.08%
- NAV
- ₹433.28
Which is better, HSBC Aggressive Hybrid or ICICI Prudential 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 12.3%.
- HSBC Aggressive Hybrid returned more over 1 year: 0.1% against −4.7%.
- HSBC Aggressive Hybrid costs less: 0.98% a year against 1.08% (Direct plans).
- ICICI Prudential Aggressive Hybrid swung less over 3 years: a standard deviation of 9.9% a year against 13.5%.
- ICICI Prudential Aggressive Hybrid fell less in its worst fall since 28-11-2022: −11.2% against −19.6%.
- ICICI Prudential Aggressive Hybrid holds more in large companies: 57.0% of the fund in large caps against 32.5%.
- ICICI Prudential Aggressive Hybrid is the larger fund: ₹50,706 Cr against ₹5,652 Cr.
- Their portfolios overlap 18.6%: 20 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 | HSBC Aggressive Hybrid Fund | ICICI Prudential Aggressive Hybrid Fund |
|---|---|---|
| Fund house | HSBC Mutual Fund | ICICI Prudential Mutual Fund |
| Category | Aggressive Hybrid | Aggressive Hybrid |
| AUM | ₹5,652 Cr (30-09-2026) | ₹50,706 Cr (30-09-2026) |
| NAV | ₹65.67 (Direct) | ₹433.28 (Direct) |
| Expense ratio (Direct) | 0.98% | 1.08% |
| Expense ratio (Regular) | 1.99% | 1.61% |
| Riskometer | Very High | Not available |
| Benchmark | NIFTY 50 Hybrid Composite Debt 65:35 Index | CRISIL Hybrid 35+65 - Aggressive Index |
| Launch date | 07-02-2011 | 03-11-1999 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Gautam Bhupal, Shriram Ramanathan, Mohd. Asif Rizwi, Mayank Chaturvedi, Dipan S. Parikh | Sankaran Naren, Mittul Kalawadia, Manish Banthia, Akhil Kakkar, Sharmila D'silva, Nitya Mishra |
| Exit load | Exit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year | Exit load for units in excess of 30% of the investment,1% will be charged for redemption within 365 days |
HSBC Aggressive Hybrid vs ICICI Prudential 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 |
|---|---|---|---|---|---|---|---|
| HSBC Aggressive Hybrid Fund (Direct) | −2.00% | −1.75% | +3.01% | +0.09% | +12.82% | -- | -- |
| ICICI Prudential Aggressive Hybrid Fund (Direct) | −1.28% | −4.69% | −2.78% | −4.70% | +12.29% | +12.89% | +14.60% |
| Aggressive Hybrid average | −0.88% | −3.67% | −0.27% | −3.33% | +10.77% | +9.35% | +11.60% |
Category average: the average of the 29 Aggressive Hybrid funds, same plan type.
HSBC Aggressive Hybrid vs ICICI Prudential Aggressive Hybrid: Year-wise Returns
| Year | HSBCHSBC Aggressive Hybrid | ICICI PrudentialICICI Prudential Aggressive Hybrid |
|---|---|---|
| 2026to date | +1.78% | −5.26% |
| 2025 | +2.49% | +13.99% |
| 2024 | +23.98% | +17.89% |
| 2023 | +25.59% | +28.96% |
| 2022 | -- | +12.32% |
| 2021 | -- | +42.40% |
HSBC Aggressive Hybrid vs ICICI Prudential 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.
HSBC Aggressive Hybrid Fund (Direct)
ICICI Prudential 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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% |
| ICICI Prudential Aggressive Hybrid | 0.0 | 0.0 | 0.0 | 19.0 | 70.4 | 10.6 | 0.0 | 17.0% | 17.4% | 11.6% | 21.0% |
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.
HSBC Aggressive Hybrid vs ICICI Prudential 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 28-11-2022 to 30-10-2026: 48 instalments, ₹4,80,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| HSBC Aggressive HybridHSBC Aggressive Hybrid Fund (Direct) | ₹4,80,000 | ₹5,81,587 | ₹1,01,587 | 9.6% |
| ICICI Prudential Aggressive HybridICICI Prudential Aggressive Hybrid Fund (Direct) | ₹4,80,000 | ₹5,69,313 | ₹89,313 | 8.5% |
HSBC Aggressive HybridHSBC Aggressive Hybrid Fund (Direct)
ICICI Prudential Aggressive HybridICICI Prudential 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.
HSBC Aggressive Hybrid vs ICICI Prudential Aggressive Hybrid: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | HSBC Aggressive Hybrid Fund (Direct) | ICICI Prudential Aggressive Hybrid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +0.09% | −4.70% |
| Standard deviation | 12.48% | 10.20% |
| Sharpe ratio | -0.41 | -0.98 |
| Sortino ratio | -0.56 | -1.30 |
| Maximum drawdown | −10.7% (23-03-2026) | −9.4% (30-03-2026) |
| 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 | HSBC Aggressive Hybrid Fund (Direct) | ICICI Prudential Aggressive Hybrid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.82% | +12.29% |
| Standard deviation | 13.55% | 9.89% |
| Sharpe ratio | 0.50 | 0.63 |
| Sortino ratio | 0.67 | 0.88 |
| Maximum drawdown | −19.6% (28-02-2025) | −11.2% (04-03-2025) |
| 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 | HSBC Aggressive Hybrid Fund (Direct) | ICICI Prudential Aggressive Hybrid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.67% | +15.86% |
| Standard deviation | 12.44% | 11.71% |
| Sharpe ratio | 0.52 | 0.84 |
| Sortino ratio | 0.70 | 1.15 |
| Maximum drawdown | −19.6% (28-02-2025) | −30.7% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 28-11-2022 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.
HSBC Aggressive Hybrid Fund (Direct)
ICICI Prudential Aggressive Hybrid Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| HSBC Aggressive Hybrid Fund (Direct) | −19.6% | 16-12-2024 | 28-02-2025 | 17-09-2025 | 7 months | −5.6% |
| ICICI Prudential Aggressive Hybrid Fund (Direct) | −11.2% | 27-09-2024 | 04-03-2025 | 25-06-2025 | 4 months | −6.1% |
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.
HSBC Aggressive Hybrid Fund (Direct)
ICICI Prudential 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.
HSBC Aggressive Hybrid Fund (Direct)
ICICI Prudential Aggressive Hybrid Fund (Direct)
HSBC Aggressive Hybrid vs ICICI Prudential Aggressive Hybrid: Portfolio Overlap
From each fund's latest monthly portfolio: HSBC Aggressive Hybrid Fund, September 2026; ICICI Prudential Aggressive Hybrid Fund, September 2026
Holdings in common
- Overlap
- 18.6%
- Held by both
- 20
- Only in HSBC Aggressive Hybrid
- 77
- Only in ICICI Prudential Aggressive Hybrid
- 207
| Security | % of HSBC Aggressive Hybrid | % of ICICI Prudential Aggressive Hybrid |
|---|---|---|
| ICICI Bank Limited | 4.40% | 4.90% |
| HDFC Bank Limited | 3.16% | 5.94% |
| InterGlobe Aviation Limited | 2.16% | 2.43% |
| Bharti Airtel Limited | 1.44% | 1.57% |
| Eternal Limited | 2.69% | 1.40% |
| Axis Bank Limited | 1.24% | 2.55% |
| Maruti Suzuki India Limited | 1.51% | 1.02% |
| Sun Pharmaceutical Industries Limited | 0.77% | 3.53% |
| Larsen & Toubro Limited | 0.55% | 0.78% |
| Mahindra & Mahindra Limited | 1.24% | 0.43% |
| India Universal Trust AL1 | 0.92% | 0.34% |
| Tata Motors Limited | 0.34% | 0.37% |
| SWIGGY LIMITED | 0.36% | 0.34% |
| Bajaj Finance Limited | 0.96% | 0.31% |
| Power Finance Corporation Limited | 0.91% | 0.20% |
| PB Fintech Limited | 0.63% | 0.11% |
| BLUE STAR LTD | 1.04% | 0.10% |
| NABARD | 0.88% | 0.10% |
| NABARD | 0.89% | 0.10% |
| APAR INDUSTRIES LTD | 0.39% | 0.07% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 18.6% means 18.6% 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 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% |
Largest holdings only in ICICI Prudential Aggressive Hybrid Fund
| Security | % of fund |
|---|---|
| Reliance Industries Ltd. | 4.38% |
| NTPC Ltd. | 3.31% |
| TVS Motor Company Ltd. | 3.22% |
| Life Insurance Corporation of India | 2.88% |
| Avenue Supermarts Ltd. | 2.70% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | HSBC Aggressive Hybrid | ICICI Prudential Aggressive Hybrid |
|---|---|---|
| Equity | 74.6% | 71.6% |
| Debt | 20.3% | 22.4% |
| Cash and others | 5.1% | 6.0% |
Market cap of stocks
| Market cap | HSBC Aggressive Hybrid | ICICI Prudential Aggressive Hybrid |
|---|---|---|
| Large Cap | 32.5% | 57.0% |
| Mid Cap | 19.9% | 6.6% |
| Small Cap | 18.4% | 7.7% |
| Not on AMFI's list | 3.8% | 0.3% |
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 | HSBC Aggressive Hybrid | ICICI Prudential Aggressive Hybrid |
|---|---|---|
| Banks | 12.8% | 16.0% |
| Capital Markets | 10.0% | 0.2% |
| Electrical Equipment | 9.2% | 1.4% |
| Retailing | 6.4% | 6.0% |
| Insurance | 0.0% | 5.7% |
| Petroleum Products | 0.0% | 5.5% |
| Automobiles | 3.3% | 5.1% |
| Industrial Products | 4.8% | 0.7% |
| Pharmaceuticals & Biotechnology | 4.0% | 4.5% |
The six largest sectors of each fund's stocks, % of the fund.
HSBC Aggressive Hybrid vs ICICI Prudential Aggressive Hybrid: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | HSBC Aggressive Hybrid Fund | ICICI Prudential Aggressive Hybrid Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.98% | 1.08% |
| Base expense ratio (Direct) | 0.73% | 0.79% |
| Total expense ratio (Regular) | 1.99% | 1.61% |
| Base expense ratio (Regular) | 1.59% | 1.24% |
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 HSBC Aggressive Hybrid with
Compare ICICI Prudential Aggressive Hybrid with
HSBC Aggressive Hybrid Fund vs ICICI Prudential Aggressive Hybrid Fund: Frequently Asked Questions
What is the difference between HSBC Aggressive Hybrid Fund and ICICI Prudential Aggressive Hybrid Fund?
Both are Aggressive Hybrid funds, run by HSBC Mutual Fund and ICICI Prudential Mutual Fund. Their portfolios overlap 18.6%. HSBC Aggressive Hybrid Fund charges 0.98% a year and ICICI Prudential Aggressive Hybrid Fund 1.08%.
Which has given higher returns, HSBC Aggressive Hybrid Fund or ICICI Prudential Aggressive Hybrid Fund?
Over 1 year: HSBC Aggressive Hybrid Fund +0.09%, ICICI Prudential Aggressive Hybrid Fund −4.70%. Over 3 years: HSBC Aggressive Hybrid Fund +12.82% a year, ICICI Prudential Aggressive Hybrid Fund +12.29% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, HSBC Aggressive Hybrid Fund or ICICI Prudential Aggressive Hybrid Fund?
HSBC Aggressive Hybrid Fund charges less: 0.98% a year against 1.08%. These are the Direct plans' total expense ratios reported to AMFI.
How much do HSBC Aggressive Hybrid Fund and ICICI Prudential Aggressive Hybrid Fund overlap?
18.6%. They hold 20 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, INDIGO. From each fund's latest monthly portfolio.
Which is better for SIP, HSBC Aggressive Hybrid Fund or ICICI Prudential Aggressive Hybrid Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹4,09,880 in HSBC Aggressive Hybrid Fund (XIRR 6.6% a year) and ₹3,95,490 in ICICI Prudential Aggressive Hybrid Fund (XIRR 4.3% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both HSBC Aggressive Hybrid Fund and ICICI Prudential Aggressive Hybrid Fund?
Yes. 18.6% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages HSBC Aggressive Hybrid Fund and ICICI Prudential Aggressive Hybrid Fund?
HSBC Aggressive Hybrid Fund: Gautam Bhupal, Shriram Ramanathan, Mohd. Asif Rizwi, Mayank Chaturvedi, Dipan S. Parikh. ICICI Prudential Aggressive Hybrid Fund: Sankaran Naren, Mittul Kalawadia, Manish Banthia, Akhil Kakkar, Sharmila D'silva, Nitya Mishra.
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.