SBI Healthcare Opportunities Fund vs HDFC Defence Fund
SBI Healthcare Opportunities Fund (Direct) and HDFC Defence 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 Sectoral/ Thematic schemes — see the best sectoral & thematic mutual funds for the full ranking.
Head to head
NAVs as of 29 Oct 2026
Growth of ₹100 (rebased over the selected window)
Common period 02 Jun 2023 – 29 Oct 2026, limited by HDFC Defence 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 | SBI Healthcare Opportunities Fund | HDFC Defence Fund | Nifty Healthcare TRI | Nifty India Defence TRI |
|---|---|---|---|---|
| 02 Jun 2023 | ₹100.00 | ₹100.00 | ₹100.00 | ₹100.00 |
| 14 Sep 2023 | ₹118.51 | ₹119.61 | ₹117.13 | ₹132.99 |
| 27 Dec 2023 | ₹129.18 | ₹152.49 | ₹126.57 | ₹171.45 |
| 08 Apr 2024 | ₹148.53 | ₹176.28 | ₹146.32 | ₹207.04 |
| 21 Jul 2024 | ₹154.63 | ₹232.52 | ₹156.33 | ₹308.04 |
| 02 Nov 2024 | ₹180.89 | ₹213.13 | ₹174.48 | ₹264.62 |
| 14 Feb 2025 | ₹169.35 | ₹174.63 | ₹161.06 | ₹224.42 |
| 28 May 2025 | ₹178.98 | ₹255.72 | ₹168.51 | ₹360.59 |
| 09 Sep 2025 | ₹186.51 | ₹236.79 | ₹176.41 | ₹311.50 |
| 22 Dec 2025 | ₹183.68 | ₹239.57 | ₹180.14 | ₹321.42 |
| 05 Apr 2026 | ₹177.15 | ₹235.53 | ₹169.59 | ₹315.51 |
| 17 Jul 2026 | ₹218.04 | ₹300.74 | ₹198.50 | ₹388.53 |
| 29 Oct 2026 | ₹219.62 | ₹293.32 | ₹197.69 | ₹369.85 |
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 →
- 35 stocks only in SBI Healthcare Opportunities Fund
- 0 stocks in both — 0.0% of each portfolio by weight
- 24 stocks only in HDFC Defence Fund
The more the circles overlap, the more the funds hold the same stocks.
SBI Healthcare Opportunities Fund and HDFC Defence Fund share 0% of their equity book by weight.
| Metric | SBI · Direct NAV ₹584.91 Very High risk ★★★★★ | HDFC · Direct NAV ₹29.36 Very High risk ★★★★☆ | Category median Sectoral/ Thematic · 257 funds |
|---|---|---|---|
| +16.23% | +16.14% | -3.21% | |
| +24.48% | +35.47%Best in row | +13.32% | |
| +19.09% | — | +11.41% | |
| +14.66% | — | +14.18% | |
| +17.88% | +37.12% | +11.86% | |
| +21.54% | — | — | |
| +16.38% | +38.89%Best in row | +17.23% | |
| +14.72% | — | +16.02% | |
| +14.78% | — | +15.97% | |
| Risk | |||
| 13.15%Best in row | 25.92% | 15.61% | |
| 1.37Best in row | 1.12 | 0.44 | |
| 1.95Best in row | 1.54 | 0.59 | |
| -30.53% | -34.54% | -22.99% | |
| Nifty Healthcare TRI | Nifty India Defence TRI | — | |
| +4.87%Best in row | +0.23% | +2.53% | |
| 0.85 | 0.84 | 0.95 | |
| 96.0%Best in row | 86.7% | 98.1% | |
| 73.6%Best in row | 85.5% | 91.8% | |
| 1.01% | 0.90%Best in row | 1.15% | |
| ₹5,565Cr | ₹11,128Cr | ₹1,202Cr | |
| — | 1.00% | — | |
| — | ₹100 | — | |
| — | ₹100 | — | |
| 34% | 8% | 52% | |
| Tanmaya Desai | Rahul Baijal · 1.5y | — | |
| NAV since 02 Jan 2013 | 02 Jun 2023 | — | |
| 35 | 24 | — | |
| 51.8% | 79.3% | — | |
| 4.4% | 1.7% | — | |
1 row carries the same value for every fund — show
- 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 — SBI Healthcare Opportunities Fund or HDFC Defence Fund?
Over the last 3 years, HDFC Defence Fund returned +35.47% CAGR against SBI Healthcare Opportunities Fund's +24.48%, computed from AMFI NAV history. Past returns don't guarantee future performance.
Which fund is cheaper — SBI Healthcare Opportunities Fund or HDFC Defence Fund?
HDFC Defence Fund has the lower expense ratio: SBI Healthcare Opportunities Fund charges 1.01% a year against HDFC Defence 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 — SBI Healthcare Opportunities Fund or HDFC Defence Fund?
HDFC Defence Fund has shown higher volatility (+25.92% annualized vs SBI Healthcare Opportunities Fund's +13.15%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: SBI Healthcare Opportunities Fund -13.51% vs HDFC Defence Fund -34.54%.
Which fund manages more money — SBI Healthcare Opportunities Fund or HDFC Defence Fund?
HDFC Defence Fund is the larger fund: SBI Healthcare Opportunities Fund manages ₹5,565Cr against HDFC Defence Fund's ₹11,128Cr 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 SBI Healthcare Opportunities Fund and HDFC Defence Fund in the same category?
Yes — both are Sectoral/ Thematic 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.