Axis Equity Savings Fund vs HSBC Equity Savings Fund
Axis Equity Savings Fund (Direct) and HSBC Equity Savings Fund (Direct) head to head: growth of ₹100, returns across every window, risk, cost, and portfolio overlap — every figure computed from AMFI NAV history, nothing supplied by a fund house. Both are Equity Savings schemes — see the best equity savings mutual funds for the full ranking.
Head to head
NAVs as of 29 Oct 2026
Growth of ₹100 (rebased over the selected window)
Common period 28 Nov 2022 – 29 Oct 2026, limited by HSBC Equity Savings Fund. Every series is rebased to ₹100 at the start of this window.
View as table
| Date | Axis Equity Savings Fund | HSBC Equity Savings Fund |
|---|---|---|
| 28 Nov 2022 | ₹100.00 | ₹100.00 |
| 27 Mar 2023 | ₹97.07 | ₹99.74 |
| 25 Jul 2023 | ₹106.02 | ₹109.03 |
| 21 Nov 2023 | ₹109.64 | ₹114.74 |
| 19 Mar 2024 | ₹116.99 | ₹119.77 |
| 16 Jul 2024 | ₹126.04 | ₹138.00 |
| 13 Nov 2024 | ₹127.10 | ₹138.29 |
| 12 Mar 2025 | ₹125.51 | ₹132.08 |
| 09 Jul 2025 | ₹133.65 | ₹143.33 |
| 05 Nov 2025 | ₹136.58 | ₹150.06 |
| 05 Mar 2026 | ₹136.37 | ₹150.90 |
| 02 Jul 2026 | ₹139.99 | ₹160.87 |
| 29 Oct 2026 | ₹140.15 | ₹159.96 |
Portfolio overlap (same stocks held through more than one fund)
Some overlap is structural: SEBI defines large cap as the top 100 stocks by market capitalisation, so two large-cap funds are fishing the same pond by regulation. The bands below are measured per sleeve pairing rather than against one blanket threshold. How this is measured →
- 52 stocks only in Axis Equity Savings Fund
- 39 stocks in both — 34.5% of each portfolio by weight
- 54 stocks only in HSBC Equity Savings Fund
The more the circles overlap, the more the funds hold the same stocks.
Axis Equity Savings Fund and HSBC Equity Savings Fund share 35% of their equity book by weight.
Shared holdings — Axis Equity Savings Fund vs HSBC Equity Savings Fund
| Stock | Axis Equity Savings Fund | HSBC Equity Savings Fund | |
|---|---|---|---|
| HDFC Bank Limited | 7.37% | 6.53% | 6.53% |
| ICICI Bank Limited | 9.70% | 5.47% | 5.47% |
| Mahindra & Mahindra Limited | 2.59% | 2.74% | 2.59% |
| Sun Pharmaceutical Industries Limited | 2.21% | 2.51% | 2.21% |
| Kotak Mahindra Bank Limited | 4.50% | 2.17% | 2.17% |
| Bharti Airtel Limited | 3.44% | 1.73% | 1.73% |
| Bajaj Finance Limited | 1.40% | 2.13% | 1.40% |
| State Bank of India | 1.17% | 4.69% | 1.17% |
| Reliance Industries Limited | 9.03% | 0.96% | 0.96% |
| Coforge Limited | 0.94% | 1.40% | 0.94% |
| Divi's Laboratories Limited | 0.87% | 1.46% | 0.87% |
| Tata Steel Limited | 4.21% | 0.83% | 0.83% |
| Punjab National Bank | 0.78% | 0.94% | 0.78% |
| Ambuja Cements Limited | 0.97% | 0.76% | 0.76% |
| Bharat Heavy Electricals Limited | 0.69% | 0.61% | 0.61% |
24 more stocks in common. 39 shared of 91 / 93 positions. Weights are shown as a share of each fund's equity book.
| Metric | Axis · Direct NAV ₹26.32 Moderately High risk ★★★☆☆ | HSBC · Direct NAV ₹40.80 Moderately High risk ★★★★☆ | Category median Equity Savings · 23 funds |
|---|---|---|---|
| +2.33% | +6.01%Best in row | +1.81% | |
| +9.36% | +12.80%Best in row | +8.30% | |
| +7.48% | — | +7.48% | |
| +9.29% | — | +8.33% | |
| +9.01% | +12.74% | +8.81% | |
| +7.99% | — | — | |
| +10.09% | +14.06%Best in row | +10.00% | |
| +10.18% | — | +10.11% | |
| +9.75% | — | +8.92% | |
| Risk | |||
| 5.25%Best in row | 7.24% | 4.75% | |
| 0.55 | 0.87Best in row | 0.38 | |
| 0.74 | 1.17Best in row | 0.53 | |
| -17.56% | -11.53% | -16.24% | |
| 1.56% | 1.41%Best in row | 1.28% | |
| ₹880.97Cr | ₹1,388Cr | ₹832.66Cr | |
| Up to 1.00% | Up to 0.50% | — | |
| ₹100 | ₹500 | — | |
| ₹500 | ₹5.00K | — | |
| — | 122% | 489% | |
| Krishnaa Narayan | Mohd Asif Rizwi · 25.7y | — | |
| 14 Aug 2015 | 18 Oct 2011 | — | |
| 91 | 94 | — | |
| 34.4% | 30.1% | — | |
| 5.9% | 2.0% | — | |
6 rows carry the same value for every fund — show
- Benchmark
- —
- Alpha
- —
- Beta
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- Upside capture
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- Downside capture
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- Lock-in
- None
Best marks the strongest value in a row, and only where the gap is bigger than noise — a near-tie is left unmarked rather than dressed up as a result. SIP XIRR is a ₹10,000/month instalment over 5 years of real NAV history. Nothing here is supplied by a fund house. For research only — not investment advice.
Frequently asked questions
Which fund has delivered higher returns — Axis Equity Savings Fund or HSBC Equity Savings Fund?
Over the last 3 years, HSBC Equity Savings Fund returned +12.80% CAGR against Axis Equity Savings Fund's +9.36%, computed from AMFI NAV history. Past returns don't guarantee future performance.
Which fund is cheaper — Axis Equity Savings Fund or HSBC Equity Savings Fund?
HSBC Equity Savings Fund has the lower expense ratio: Axis Equity Savings Fund charges 1.56% a year against HSBC Equity Savings Fund's 1.41%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — Axis Equity Savings Fund or HSBC Equity Savings Fund?
HSBC Equity Savings Fund has shown higher volatility (+7.24% annualized vs Axis Equity Savings Fund's +5.25%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Axis Equity Savings Fund -5.19% vs HSBC Equity Savings Fund -11.53%.
Which fund manages more money — Axis Equity Savings Fund or HSBC Equity Savings Fund?
HSBC Equity Savings Fund is the larger fund: Axis Equity Savings Fund manages ₹880.97Cr against HSBC Equity Savings Fund's ₹1,388Cr in assets. Size cuts both ways — scale lowers costs, but a very large fund can find it harder to move in and out of positions.
Are Axis Equity Savings Fund and HSBC Equity Savings Fund in the same category?
Yes — both are Equity Savings schemes, so their returns, risk and cost are directly comparable against the same peer set.
Figures update daily from AMFI NAV history; ratings and ranks are WealthTicker’s own — see the methodology. This is data, not investment advice.