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 08 Sep 2026
Growth of ₹100 (rebased over the selected window)
Common period 02 Jun 2023 – 08 Sep 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 500 |
|---|---|---|---|
| 02 Jun 2023 | ₹100.00 | ₹100.00 | ₹100.00 |
| 10 Sep 2023 | ₹117.90 | ₹125.03 | ₹110.60 |
| 18 Dec 2023 | ₹126.74 | ₹150.62 | ₹121.15 |
| 27 Mar 2024 | ₹144.19 | ₹163.63 | ₹127.05 |
| 04 Jul 2024 | ₹154.30 | ₹246.24 | ₹144.92 |
| 12 Oct 2024 | ₹180.06 | ₹221.11 | ₹149.33 |
| 19 Jan 2025 | ₹177.99 | ₹206.58 | ₹137.12 |
| 29 Apr 2025 | ₹180.27 | ₹218.82 | ₹139.85 |
| 06 Aug 2025 | ₹183.28 | ₹238.55 | ₹143.36 |
| 14 Nov 2025 | ₹187.22 | ₹254.85 | ₹150.76 |
| 21 Feb 2026 | ₹182.11 | ₹250.76 | ₹147.96 |
| 01 Jun 2026 | ₹197.98 | ₹282.01 | ₹141.91 |
| 08 Sep 2026 | ₹228.67 | ₹325.50 | ₹146.45 |
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 →
SBI Healthcare Opportunities Fund and HDFC Defence Fund share 0% of their equity book by weight.
| Metric | SBI · Direct NAV ₹609.01 Very High risk ★★★★★ | HDFC · Direct NAV ₹32.58 Very High risk ★★★★☆ | Category median Sectoral/ Thematic · 254 funds |
|---|---|---|---|
| +23.08% | +36.78%Best in row | +7.16% | |
| +24.70% | +37.56%Best in row | +14.92% | |
| +18.77% | — | +12.92% | |
| +14.83% | — | +14.68% | |
| +18.43% | +43.48%Best in row | +13.63% | |
| +24.17% | +34.63%Best in row | — | |
| +16.37% | +40.94%Best in row | +17.23% | |
| +14.64% | — | +16.34% | |
| +14.75% | — | +16.02% | |
| Risk | |||
| 12.85%Best in row | 25.91% | 15.53% | |
| 1.42Best in row | 1.20 | 0.41 | |
| 2.02Best in row | 1.65 | 0.57 | |
| -30.53%Best in row | -34.54% | -23.08% | |
| +13.86% | +24.68%Best in row | +4.59% | |
| 0.64 | 1.61 | 0.96 | |
| 112.8% | 193.6%Best in row | 107.0% | |
| 39.6%Best in row | 91.8% | 88.1% | |
| 1.04% | 0.89%Best in row | 1.15% | |
| ₹4,319Cr | ₹9,371Cr | ₹1,160Cr | |
| 0.50% | 1.00% | — | |
| ₹500 | ₹100 | — | |
| ₹5.00K | ₹123 | — | |
| 35% | 11% | 47% | |
| Tanmay Desai | Dhruv Muchhal | — | |
| 02 Jan 2013 | 02 Jun 2023 | — | |
| 33 | 24 | — | |
| 56.3% | 79.9% | — | |
| 1.6% | 1.7% | — | |
2 rows carry the same value for every fund — show
- Benchmark
- Nifty 500
- 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 +37.56% CAGR against SBI Healthcare Opportunities Fund's +24.70%, 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 1.04% a year against HDFC Defence Fund's 0.89%. 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 (+25.91% annualized vs SBI Healthcare Opportunities Fund's +12.85%), 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 ₹4,319Cr against HDFC Defence Fund's ₹9,371Cr 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.