JM Aggressive Hybrid Fund vs HSBC Aggressive Hybrid Fund
JM Aggressive Hybrid Fund (Direct) and HSBC Aggressive Hybrid 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 Aggressive Hybrid Fund schemes — see the best aggressive hybrid mutual funds for the full ranking.
Head to head
NAVs as of 23 Sep 2026
Growth of ₹100 (rebased over the selected window)
Common period 28 Nov 2022 – 23 Sep 2026, limited by HSBC Aggressive Hybrid 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 | JM Aggressive Hybrid Fund | HSBC Aggressive Hybrid Fund | Nifty 50 |
|---|---|---|---|
| 28 Nov 2022 | ₹100.00 | ₹100.00 | ₹100.00 |
| 24 Mar 2023 | ₹96.18 | ₹95.37 | ₹91.29 |
| 19 Jul 2023 | ₹112.12 | ₹110.78 | ₹106.84 |
| 12 Nov 2023 | ₹123.78 | ₹113.32 | ₹104.65 |
| 07 Mar 2024 | ₹149.05 | ₹128.57 | ₹121.18 |
| 01 Jul 2024 | ₹173.69 | ₹147.55 | ₹130.06 |
| 26 Oct 2024 | ₹174.29 | ₹146.26 | ₹130.27 |
| 19 Feb 2025 | ₹157.86 | ₹133.02 | ₹123.54 |
| 15 Jun 2025 | ₹169.97 | ₹149.83 | ₹133.16 |
| 09 Oct 2025 | ₹173.75 | ₹158.54 | ₹135.66 |
| 03 Feb 2026 | ₹170.08 | ₹156.47 | ₹138.60 |
| 30 May 2026 | ₹164.14 | ₹157.73 | ₹126.85 |
| 23 Sep 2026 | ₹175.31 | ₹168.43 | ₹126.14 |
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 →
JM Aggressive Hybrid Fund and HSBC Aggressive Hybrid Fund share 30% of their equity book by weight.
Shared holdings — JM Aggressive Hybrid Fund vs HSBC Aggressive Hybrid Fund
| Stock | JM Aggressive Hybrid Fund | HSBC Aggressive Hybrid Fund | |
|---|---|---|---|
| Zomato Ltd | 3.59% | 3.57% | 3.57% |
| ICICI Bank Ltd | 2.67% | 6.25% | 2.67% |
| HDFC Bank Ltd | 2.01% | 4.08% | 2.01% |
| Mahindra & Mahindra Ltd | 1.98% | 3.65% | 1.98% |
| Interglobe Aviation Ltd | 1.94% | 2.39% | 1.94% |
| Multi Commodity Exchange Of India Ltd | 2.57% | 1.72% | 1.72% |
| Axis Bank Ltd | 1.98% | 1.70% | 1.70% |
| Maruti Suzuki India Ltd | 1.66% | 2.20% | 1.66% |
| Motilal Oswal Financial Services Ltd | 1.64% | 1.93% | 1.64% |
| RBL Bank Ltd | 1.97% | 1.57% | 1.57% |
| GE T&D India Ltd | 1.38% | 4.77% | 1.38% |
| Hindustan Aeronautics Ltd | 1.38% | 1.50% | 1.38% |
| Bajaj Finance Ltd | 3.46% | 1.37% | 1.37% |
| IIFL Wealth Management Ltd | 1.45% | 1.34% | 1.34% |
| Bharti Airtel Ltd | 3.34% | 1.29% | 1.29% |
6 more stocks in common. 21 shared of 53 / 63 positions. Weights are shown as a share of each fund's equity book.
| Metric | JM Financial · Direct NAV ₹140.79 High risk ★★★☆☆ | HSBC · Direct NAV ₹69.29 High risk ★★★★☆ | Category median Aggressive Hybrid Fund · 30 funds |
|---|---|---|---|
| +1.08% | +6.37%Best in row | +1.23% | |
| +13.64% | +14.16%Best in row | +11.42% | |
| +12.94% | — | +9.47% | |
| +12.93% | — | +11.65% | |
| +13.38% | +14.63%Best in row | +12.49% | |
| +13.13%Best in row | +12.95% | — | |
| +14.34% | +15.36%Best in row | +14.29% | |
| +13.57% | — | +13.98% | |
| +13.71% | — | +13.72% | |
| Risk | |||
| 12.53%Best in row | 13.55% | 10.63% | |
| 0.57 | 0.56 | 0.46 | |
| 0.78 | 0.76 | 0.63 | |
| -36.57% | -19.59%Best in row | -28.65% | |
| +6.69% | +7.26%Best in row | +4.67% | |
| 100.3% | 100.6% | 93.5% | |
| 57.0% | 53.8%Best in row | 58.5% | |
| 1.15% | 0.94%Best in row | 1.00% | |
| ₹696.04Cr | ₹5,460Cr | ₹2,217Cr | |
| 1.00% | Up to 1.00% | — | |
| ₹100 | ₹500 | — | |
| ₹1.00K | ₹5.00K | — | |
| 18% | 67% | 44% | |
| Ruchi Fozdar | Mayank Chaturvedi | — | |
| 03 Jan 2013 | 28 Nov 2022 | — | |
| 53 | 63 | — | |
| 26.0% | 28.6% | — | |
| 1.3% | 2.1% | — | |
3 rows carry the same value for every fund — show
- Benchmark
- Nifty 50
- Beta
- 0.82
- 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 — JM Aggressive Hybrid Fund or HSBC Aggressive Hybrid Fund?
Over the last 3 years, HSBC Aggressive Hybrid Fund returned +14.16% CAGR against JM Aggressive Hybrid Fund's +13.64%, computed from AMFI NAV history. Past returns don't guarantee future performance.
Which fund is cheaper — JM Aggressive Hybrid Fund or HSBC Aggressive Hybrid Fund?
HSBC Aggressive Hybrid Fund has the lower expense ratio: JM Aggressive Hybrid Fund charges 1.15% a year against HSBC Aggressive Hybrid Fund's 0.94%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — JM Aggressive Hybrid Fund or HSBC Aggressive Hybrid Fund?
HSBC Aggressive Hybrid Fund has shown higher volatility (+13.55% annualized vs JM Aggressive Hybrid Fund's +12.53%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: JM Aggressive Hybrid Fund -17.03% vs HSBC Aggressive Hybrid Fund -19.59%.
Which fund manages more money — JM Aggressive Hybrid Fund or HSBC Aggressive Hybrid Fund?
HSBC Aggressive Hybrid Fund is the larger fund: JM Aggressive Hybrid Fund manages ₹696.04Cr against HSBC Aggressive Hybrid Fund's ₹5,460Cr 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 JM Aggressive Hybrid Fund and HSBC Aggressive Hybrid Fund in the same category?
Yes — both are Aggressive Hybrid 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.