Axis Value Fund vs HSBC Value Fund
Axis Value Fund (Direct) and HSBC Value 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 Value Fund schemes — see the best value mutual funds for the full ranking.
Head to head
NAVs as of 20 Aug 2026
Growth of ₹100 (rebased over the selected window)
Common period 28 Nov 2022 – 20 Aug 2026, limited by HSBC Value Fund. Every series is rebased to ₹100 at the start of this window. Benchmark lines are the category index WealthTicker measures against, which is not always the benchmark the scheme itself declares — the fund page’s Scheme Info names that one.
View as table
| Date | Axis Value Fund | HSBC Value Fund | Nifty 500 |
|---|---|---|---|
| 28 Nov 2022 | ₹100.00 | ₹100.00 | ₹100.00 |
| 21 Mar 2023 | ₹94.41 | ₹97.80 | ₹91.30 |
| 13 Jul 2023 | ₹113.69 | ₹111.85 | ₹105.32 |
| 03 Nov 2023 | ₹119.37 | ₹123.12 | ₹107.71 |
| 25 Feb 2024 | ₹147.77 | ₹153.22 | ₹128.69 |
| 17 Jun 2024 | ₹165.08 | ₹175.89 | ₹140.74 |
| 09 Oct 2024 | ₹182.96 | ₹183.01 | ₹149.51 |
| 30 Jan 2025 | ₹167.13 | ₹166.45 | ₹134.93 |
| 23 May 2025 | ₹175.70 | ₹178.04 | ₹144.33 |
| 14 Sep 2025 | ₹183.61 | ₹183.29 | ₹146.92 |
| 05 Jan 2026 | ₹192.92 | ₹194.55 | ₹152.42 |
| 29 Apr 2026 | ₹187.24 | ₹191.28 | ₹144.90 |
| 20 Aug 2026 | ₹203.07 | ₹196.27 | ₹148.96 |
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 →
Axis Value Fund and HSBC Value Fund share 39% of their equity book by weight.
Shared holdings — Axis Value Fund vs HSBC Value Fund
| Stock | Axis Value Fund | HSBC Value Fund | |
|---|---|---|---|
| HDFC Bank Ltd | 6.23% | 4.93% | 4.93% |
| ICICI Bank Ltd | 5.63% | 4.18% | 4.18% |
| Reliance Industries Ltd | 3.97% | 2.98% | 2.98% |
| NTPC Ltd | 2.75% | 3.15% | 2.75% |
| State Bank of India | 2.66% | 3.23% | 2.66% |
| Larsen & Toubro Ltd | 2.55% | 2.33% | 2.33% |
| Shriram Transport Finance Company Ltd | 3.11% | 2.23% | 2.23% |
| PNB Housing Finance Ltd | 1.48% | 2.53% | 1.48% |
| Tech Mahindra Ltd | 1.36% | 1.81% | 1.36% |
| Bharti Airtel Ltd | 2.87% | 1.32% | 1.32% |
| Axis Bank Ltd | 1.72% | 1.30% | 1.30% |
| Multi Commodity Exchange Of India Ltd | 1.30% | 1.55% | 1.30% |
| Varun Beverages Ltd | 1.50% | 1.25% | 1.25% |
| The Federal Bank Ltd | 1.16% | 3.29% | 1.16% |
| Sun Pharmaceutical Industries Ltd | 1.96% | 1.09% | 1.09% |
10 more stocks in common. 25 shared of 87 / 81 positions. Weights are shown as a share of each fund's equity book.
| Metric | Axis · Direct NAV ₹21.81 Very High risk ★★★★★ | HSBC · Direct NAV ₹130.84 Very High risk ★★★★☆ | Category median Value Fund · 23 funds |
|---|---|---|---|
| +11.73%Best in row | +5.42% | +3.57% | |
| +20.50%Best in row | +18.84% | +15.04% | |
| +17.28% | +19.84%Best in row | +16.07% | |
| +18.73%Best in row | +14.87% | — | |
| +23.31%Best in row | +21.97% | +18.30% | |
| Risk | |||
| 14.05%Best in row | 16.07% | 14.38% | |
| 1.00Best in row | 0.77 | 0.58 | |
| 1.35Best in row | 1.03 | 0.80 | |
| -20.20% | -19.61%Best in row | -36.70% | |
| +7.24%Best in row | +5.63% | +2.91% | |
| 0.95 | 1.02 | 0.96 | |
| 117.9% | 118.7% | 103.3% | |
| 83.3%Best in row | 94.2% | 93.3% | |
| 0.99% | 0.90%Best in row | 1.14% | |
| ₹1,552Cr | ₹14,682Cr | ₹1,662Cr | |
| ₹100 | ₹500 | — | |
| ₹100 | ₹5.00K | — | |
| 45% | 30% | 36% | |
| Krishnaa Narayan | Mayank Chaturvedi | — | |
| 28 Sep 2021 | 28 Nov 2022 | — | |
| 87 | 81 | — | |
| 33.1% | 31.7% | — | |
| -0.1% | 1.7% | — | |
7 rows carry the same value for every fund — show
- 5Y return (CAGR)
- —
- 10Y return (CAGR)
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- 5Y rolling avg
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- 10Y rolling avg
- —
- Benchmark
- Nifty 500
- Exit load
- Up to 1.00%
- 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 Value Fund or HSBC Value Fund?
Over the last 3 years, Axis Value Fund returned +20.50% CAGR against HSBC Value Fund's +18.84%, computed from AMFI NAV history. Past returns don't guarantee future performance.
Which fund is cheaper — Axis Value Fund or HSBC Value Fund?
HSBC Value Fund has the lower expense ratio: Axis Value Fund charges 0.99% a year against HSBC Value Fund's 0.90%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — Axis Value Fund or HSBC Value Fund?
HSBC Value Fund has shown higher volatility (+16.07% annualized vs Axis Value Fund's +14.05%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Axis Value Fund -17.14% vs HSBC Value Fund -19.61%.
Which fund manages more money — Axis Value Fund or HSBC Value Fund?
HSBC Value Fund is the larger fund: Axis Value Fund manages ₹1,552Cr against HSBC Value Fund's ₹14,682Cr 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 Value Fund and HSBC Value Fund in the same category?
Yes — both are Value Fund 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.