Kotak Equity Savings Fund vs HSBC Equity Savings Fund
Kotak 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 20 Aug 2026
Growth of ₹100 (rebased over the selected window)
Common period 28 Nov 2022 – 20 Aug 2026, limited by HSBC Equity Savings Fund. Every series is rebased to ₹100 at the start of this window.
View as table
| Date | Kotak Equity Savings Fund | HSBC Equity Savings Fund |
|---|---|---|
| 28 Nov 2022 | ₹100.00 | ₹100.00 |
| 21 Mar 2023 | ₹100.12 | ₹100.20 |
| 13 Jul 2023 | ₹107.00 | ₹108.57 |
| 03 Nov 2023 | ₹110.21 | ₹111.93 |
| 25 Feb 2024 | ₹120.69 | ₹122.32 |
| 17 Jun 2024 | ₹127.65 | ₹135.59 |
| 09 Oct 2024 | ₹132.88 | ₹142.63 |
| 30 Jan 2025 | ₹130.13 | ₹136.44 |
| 23 May 2025 | ₹135.07 | ₹140.29 |
| 14 Sep 2025 | ₹139.74 | ₹149.50 |
| 05 Jan 2026 | ₹144.94 | ₹149.80 |
| 29 Apr 2026 | ₹144.39 | ₹156.16 |
| 20 Aug 2026 | ₹147.71 | ₹161.97 |
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 →
Kotak Equity Savings Fund and HSBC Equity Savings Fund share 31% of their equity book by weight.
Shared holdings — Kotak Equity Savings Fund vs HSBC Equity Savings Fund
| Stock | Kotak Equity Savings Fund | HSBC Equity Savings Fund | |
|---|---|---|---|
| HDFC Bank Ltd | 4.55% | 6.36% | 4.55% |
| State Bank of India | 4.25% | 5.54% | 4.25% |
| ICICI Bank Ltd | 3.36% | 6.34% | 3.36% |
| Bharti Airtel Ltd | 8.91% | 2.27% | 2.27% |
| Axis Bank Ltd | 2.06% | 3.51% | 2.06% |
| Steel Authority Of India Ltd | 1.50% | 2.00% | 1.50% |
| Reliance Industries Ltd | 2.11% | 1.39% | 1.39% |
| LIC Housing Finance Ltd | 1.51% | 1.22% | 1.22% |
| Mahindra & Mahindra Ltd | 1.19% | 4.60% | 1.19% |
| Zomato Ltd | 1.44% | 1.10% | 1.10% |
| Sun Pharmaceutical Industries Ltd | 1.00% | 3.02% | 1.00% |
| Ambuja Cements Ltd | 0.95% | 1.05% | 0.95% |
| Bajaj Finance Ltd | 0.98% | 0.94% | 0.94% |
| JSW Steel Ltd | 0.70% | 1.20% | 0.70% |
| Indus Towers Ltd | 4.82% | 0.58% | 0.58% |
32 more stocks in common. 47 shared of 97 / 92 positions. Weights are shown as a share of each fund's equity book.
| Metric | Kotak Mahindra · Direct NAV ₹30.80 Moderately High risk ★★★☆☆ | HSBC · Direct NAV ₹41.31 Moderately High risk ★★★★☆ | Category median Equity Savings · 23 funds |
|---|---|---|---|
| +6.23% | +9.77%Best in row | +5.10% | |
| +11.00% | +14.04%Best in row | +9.25% | |
| +10.76% | — | +8.57% | |
| +10.11% | — | +8.76% | |
| +9.95% | +13.82%Best in row | +9.34% | |
| +10.17% | +12.54%Best in row | — | |
| +10.42% | +14.31%Best in row | +10.06% | |
| +10.28% | — | +10.19% | |
| +10.28% | — | +9.19% | |
| Risk | |||
| 5.64%Best in row | 7.21% | 4.69% | |
| 0.80 | 1.05Best in row | 0.57 | |
| 1.08 | 1.41Best in row | 0.78 | |
| -16.48% | -11.53%Best in row | -16.24% | |
| 1.07%Best in row | 1.59% | 1.25% | |
| ₹9,931Cr | ₹964.84Cr | ₹821.56Cr | |
| Up to 1.00% | Up to 0.50% | — | |
| ₹100 | ₹500 | — | |
| ₹100 | ₹5.00K | — | |
| 79% | 403% | 227% | |
| Abhishek Bisen | Mahesh Chhabria | — | |
| 17 Oct 2014 | 28 Nov 2022 | — | |
| 97 | 92 | — | |
| 30.6% | 31.9% | — | |
| 39.8% | 46.0% | — | |
6 rows carry the same value for every fund — show
- Benchmark
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- Alpha
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- 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 — Kotak Equity Savings Fund or HSBC Equity Savings Fund?
Over the last 3 years, HSBC Equity Savings Fund returned +14.04% CAGR against Kotak Equity Savings Fund's +11.00%, computed from AMFI NAV history. Past returns don't guarantee future performance.
Which fund is cheaper — Kotak Equity Savings Fund or HSBC Equity Savings Fund?
Kotak Equity Savings Fund has the lower expense ratio: Kotak Equity Savings Fund charges 1.07% a year against HSBC Equity Savings Fund's 1.59%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — Kotak Equity Savings Fund or HSBC Equity Savings Fund?
HSBC Equity Savings Fund has shown higher volatility (+7.21% annualized vs Kotak Equity Savings Fund's +5.64%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Kotak Equity Savings Fund -5.97% vs HSBC Equity Savings Fund -11.53%.
Which fund manages more money — Kotak Equity Savings Fund or HSBC Equity Savings Fund?
Kotak Equity Savings Fund is the larger fund: Kotak Equity Savings Fund manages ₹9,931Cr against HSBC Equity Savings Fund's ₹964.84Cr 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 Kotak 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.