HSBC Value Fund vs LIC MF Value Fund
HSBC Value Fund (Direct) and LIC MF 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 31 Jul 2023 – 20 Aug 2026, limited by LIC MF 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 | HSBC Value Fund | LIC MF Value Fund | Nifty 500 |
|---|---|---|---|
| 31 Jul 2023 | ₹100.00 | ₹100.00 | ₹100.00 |
| 01 Nov 2023 | ₹103.27 | ₹100.49 | ₹98.09 |
| 02 Feb 2024 | ₹127.15 | ₹119.56 | ₹116.72 |
| 05 May 2024 | ₹136.89 | ₹123.22 | ₹122.87 |
| 06 Aug 2024 | ₹147.26 | ₹138.63 | ₹131.56 |
| 07 Nov 2024 | ₹155.47 | ₹144.97 | ₹133.69 |
| 08 Feb 2025 | ₹144.19 | ₹136.75 | ₹126.89 |
| 12 May 2025 | ₹148.46 | ₹129.61 | ₹131.96 |
| 13 Aug 2025 | ₹155.82 | ₹133.66 | ₹133.06 |
| 14 Nov 2025 | ₹162.63 | ₹141.32 | ₹139.73 |
| 15 Feb 2026 | ₹163.01 | ₹144.38 | ₹136.66 |
| 19 May 2026 | ₹159.47 | ₹148.75 | ₹132.02 |
| 20 Aug 2026 | ₹167.60 | ₹168.92 | ₹137.83 |
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 →
HSBC Value Fund and LIC MF Value Fund share 22% of their equity book by weight.
Shared holdings — HSBC Value Fund vs LIC MF Value Fund
| Stock | HSBC Value Fund | LIC MF Value Fund | |
|---|---|---|---|
| HDFC Bank Ltd | 4.93% | 3.28% | 3.28% |
| State Bank of India | 3.23% | 3.45% | 3.23% |
| ICICI Bank Ltd | 4.18% | 2.71% | 2.71% |
| NTPC Ltd | 3.15% | 2.42% | 2.42% |
| Shriram Transport Finance Company Ltd | 2.23% | 2.18% | 2.18% |
| Tech Mahindra Ltd | 1.81% | 1.91% | 1.81% |
| Maruti Suzuki India Ltd | 1.64% | 2.37% | 1.64% |
| Axis Bank Ltd | 1.30% | 1.86% | 1.30% |
| KPR Mills Ltd | 1.38% | 1.13% | 1.13% |
| Sun Pharmaceutical Industries Ltd | 1.09% | 1.76% | 1.09% |
| Kotak Mahindra Bank Ltd | 0.76% | 0.95% | 0.76% |
| Bharat Bijlee Ltd | 0.34% | 0.97% | 0.34% |
12 shared of 81 / 51 positions. Weights are shown as a share of each fund's equity book.
| Metric | HSBC · Direct NAV ₹130.84 Very High risk ★★★★☆ | LIC · Direct NAV ₹31.66 Very High risk ★★★☆☆ | Category median Value Fund · 23 funds |
|---|---|---|---|
| +5.42% | +24.05%Best in row | +3.57% | |
| +18.84% | +19.12%Best in row | +15.04% | |
| +19.84%Best in row | +18.72% | +16.07% | |
| +14.87% | +17.16%Best in row | — | |
| +21.97%Best in row | +19.12% | +18.30% | |
| Risk | |||
| 16.07%Best in row | 17.17% | 14.38% | |
| 0.77 | 0.73 | 0.58 | |
| 1.03 | 1.00 | 0.80 | |
| -19.61%Best in row | -25.20% | -36.70% | |
| +5.63% | +6.18%Best in row | +2.91% | |
| 1.02 | 1.10 | 0.96 | |
| 118.7% | 126.2%Best in row | 103.3% | |
| 94.2%Best in row | 102.8% | 93.3% | |
| 0.90%Best in row | 1.84% | 1.14% | |
| ₹14,682Cr | ₹212.81Cr | ₹1,662Cr | |
| ₹500 | ₹200 | — | |
| 30% | 29% | 36% | |
| Mayank Chaturvedi | Sumit Bhatnagar | — | |
| 28 Nov 2022 | 31 Jul 2023 | — | |
| 81 | 51 | — | |
| 31.7% | 31.4% | — | |
| 1.7% | 4.2% | — | |
8 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
- Min lumpsum
- ₹5.00K
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 — HSBC Value Fund or LIC MF Value Fund?
Over the last 3 years, LIC MF Value Fund returned +19.12% CAGR against HSBC Value Fund's +18.84%, computed from AMFI NAV history. Past returns don't guarantee future performance.
Which fund is cheaper — HSBC Value Fund or LIC MF Value Fund?
HSBC Value Fund has the lower expense ratio: HSBC Value Fund charges 0.90% a year against LIC MF Value Fund's 1.84%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — HSBC Value Fund or LIC MF Value Fund?
LIC MF Value Fund has shown higher volatility (+17.17% annualized vs HSBC Value Fund's +16.07%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: HSBC Value Fund -19.61% vs LIC MF Value Fund -25.20%.
Which fund manages more money — HSBC Value Fund or LIC MF Value Fund?
HSBC Value Fund is the larger fund: HSBC Value Fund manages ₹14,682Cr against LIC MF Value Fund's ₹212.81Cr 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 HSBC Value Fund and LIC MF 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.