LIC MF Multi Cap Fund vs HSBC Multi Cap Fund
LIC MF Multi Cap Fund (Direct) and HSBC Multi Cap 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 Multi Cap Fund schemes — see the best multi cap 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 03 Feb 2023 – 20 Aug 2026, limited by HSBC Multi Cap 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 | LIC MF Multi Cap Fund | HSBC Multi Cap Fund | Nifty 500 |
|---|---|---|---|
| 03 Feb 2023 | ₹100.00 | ₹100.00 | ₹100.00 |
| 22 May 2023 | ₹106.13 | ₹107.04 | ₹103.62 |
| 07 Sep 2023 | ₹123.09 | ₹127.50 | ₹116.19 |
| 24 Dec 2023 | ₹133.45 | ₹146.57 | ₹127.35 |
| 09 Apr 2024 | ₹144.68 | ₹165.28 | ₹138.95 |
| 26 Jul 2024 | ₹178.03 | ₹189.77 | ₹155.67 |
| 11 Nov 2024 | ₹177.61 | ₹187.03 | ₹150.99 |
| 27 Feb 2025 | ₹154.46 | ₹163.74 | ₹135.78 |
| 15 Jun 2025 | ₹180.14 | ₹188.02 | ₹153.09 |
| 01 Oct 2025 | ₹182.33 | ₹191.87 | ₹153.24 |
| 16 Jan 2026 | ₹181.70 | ₹193.77 | ₹156.96 |
| 04 May 2026 | ₹183.02 | ₹198.19 | ₹152.59 |
| 20 Aug 2026 | ₹204.13 | ₹214.93 | ₹157.15 |
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 →
LIC MF Multi Cap Fund and HSBC Multi Cap Fund share 28% of their equity book by weight.
Shared holdings — LIC MF Multi Cap Fund vs HSBC Multi Cap Fund
| Stock | LIC MF Multi Cap Fund | HSBC Multi Cap Fund | |
|---|---|---|---|
| HDFC Bank Ltd | 3.52% | 3.52% | 3.52% |
| ICICI Bank Ltd | 3.27% | 2.43% | 2.43% |
| The Federal Bank Ltd | 1.68% | 2.65% | 1.68% |
| State Bank of India | 1.61% | 2.11% | 1.61% |
| GE T&D India Ltd | 1.44% | 2.04% | 1.44% |
| Larsen & Toubro Ltd | 1.42% | 1.83% | 1.42% |
| Navin Fluorine International Ltd | 1.34% | 1.93% | 1.34% |
| BSE Ltd | 1.31% | 1.53% | 1.31% |
| Kotak Mahindra Bank Ltd | 2.71% | 1.30% | 1.30% |
| Shriram Transport Finance Company Ltd | 1.63% | 1.30% | 1.30% |
| Hindustan Aeronautics Ltd | 1.29% | 1.07% | 1.07% |
| Zomato Ltd | 1.61% | 1.06% | 1.06% |
| Tata Motors Ltd | 1.41% | 1.01% | 1.01% |
| Torrent Pharmaceuticals Ltd | 1.19% | 0.98% | 0.98% |
| JSW Steel Ltd | 1.25% | 0.91% | 0.91% |
11 more stocks in common. 26 shared of 65 / 98 positions. Weights are shown as a share of each fund's equity book.
| Metric | LIC · Direct NAV ₹19.92 Very High risk ★★★★☆ | HSBC · Direct NAV ₹21.53 Very High risk ★★★★★ | Category median Multi Cap Fund · 32 funds |
|---|---|---|---|
| +12.23%Best in row | +11.18% | +9.70% | |
| +20.33% | +21.04%Best in row | +16.81% | |
| +19.83% | +24.11%Best in row | +16.56% | |
| +17.93%Best in row | +17.22% | — | |
| +21.01% | +22.55%Best in row | +18.65% | |
| Risk | |||
| 15.54%Best in row | 16.23% | 14.82% | |
| 0.89 | 0.90 | 0.64 | |
| -19.32%Best in row | -20.07% | -20.01% | |
| +6.73% | +7.20%Best in row | +4.32% | |
| 122.9% | 123.5% | 111.5% | |
| 93.6% | 91.2%Best in row | 92.7% | |
| 0.83% | 0.82% | 0.94% | |
| ₹1,895Cr | ₹5,538Cr | ₹3,392Cr | |
| ₹200 | ₹500 | — | |
| 46% | 53% | 57% | |
| Yogesh Patil | Sonal Gupta | — | |
| 02 Nov 2022 | 03 Feb 2023 | — | |
| 65 | 98 | — | |
| 25.4% | 22.5% | — | |
| 4.9% | 1.6% | — | |
10 rows carry the same value for every fund — show
- 5Y return (CAGR)
- —
- 10Y return (CAGR)
- —
- 5Y rolling avg
- —
- 10Y rolling avg
- —
- Sortino
- 1.22
- Benchmark
- Nifty 500
- Beta
- 1.07
- 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 — LIC MF Multi Cap Fund or HSBC Multi Cap Fund?
Over the last 3 years, HSBC Multi Cap Fund returned +21.04% CAGR against LIC MF Multi Cap Fund's +20.33%, computed from AMFI NAV history. Past returns don't guarantee future performance.
Which fund is cheaper — LIC MF Multi Cap Fund or HSBC Multi Cap Fund?
HSBC Multi Cap Fund has the lower expense ratio: LIC MF Multi Cap Fund charges 0.83% a year against HSBC Multi Cap Fund's 0.82%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — LIC MF Multi Cap Fund or HSBC Multi Cap Fund?
HSBC Multi Cap Fund has shown higher volatility (+16.23% annualized vs LIC MF Multi Cap Fund's +15.54%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: LIC MF Multi Cap Fund -19.32% vs HSBC Multi Cap Fund -20.07%.
Which fund manages more money — LIC MF Multi Cap Fund or HSBC Multi Cap Fund?
HSBC Multi Cap Fund is the larger fund: LIC MF Multi Cap Fund manages ₹1,895Cr against HSBC Multi Cap Fund's ₹5,538Cr 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 LIC MF Multi Cap Fund and HSBC Multi Cap Fund in the same category?
Yes — both are Multi Cap 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.