Bajaj Finserv Large & Mid Cap Fund vs HSBC Large & Mid Cap Fund
Bajaj Finserv Large & Mid Cap Fund and HSBC Large & Mid Cap Fund are both Large & Mid Cap funds. As of 4 Nov 2026 (Direct plan, Growth option): 3-year CAGR — vs +17.66%, 5-year CAGR — vs +13.72%, volatility 14.91% vs 18.36%, maximum drawdown −16.20% vs −36.10%. Their portfolios overlap by 22.3% (21 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| Bajaj Finserv Large & Mid Cap | HSBC Large & Mid Cap | |
|---|---|---|
| Fund house | Bajaj Finserv Mutual Fund | HSBC Mutual Fund |
| Compared as | Large & Mid Cap | Large & Mid Cap |
| NAV | ₹12.5220 | ₹32.4483 |
| NAV date | 4 Nov 2026 | 4 Nov 2026 |
| Launched (first NAV) | 29 Feb 2024 | 4 Apr 2019 |
| Track record | 2.7 yrs | 7.6 yrs |
| Fund size (AUM) | ₹2,324 Cr | ₹5,784 Cr |
| Securities held | 66 | 83 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Bajaj Finserv Large & Mid Cap | HSBC Large & Mid Cap | |
|---|---|---|
| 1 month | +3.08% | +1.42% |
| 3 months | −4.25% | −2.12% |
| 6 months | +0.46% | +4.35% |
| 1 year | −1.74% | +7.72% |
| 3 years (CAGR) | — | +17.66% |
| 5 years (CAGR) | — | +13.72% |
| 7 years (CAGR) | — | +17.80% |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +8.68% | +16.80% |
| SIP return (XIRR, 5 years) ⓘ | — | +15.38% |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| Bajaj Finserv Large & Mid Cap | HSBC Large & Mid Cap | |
|---|---|---|
| 2026 (year to date) | −3.03% | +8.29% |
| 2025 | +6.76% | −2.47% |
| 2024 | — | +39.99% |
| 2023 | — | +31.69% |
| 2022 | — | −2.19% |
| 2021 | — | +37.39% |
Risk
| Bajaj Finserv Large & Mid Cap | HSBC Large & Mid Cap | |
|---|---|---|
| Volatility (annualised) ⓘ | 14.91% | 18.36% |
| Downside volatility ⓘ | 10.98% | 12.99% |
| Sharpe ratio ⓘ | 0.15 | 0.61 |
| Sortino ratio ⓘ | 0.20 | 0.86 |
| Maximum drawdown ⓘ | −16.20% | −36.10% |
| Recovery from that fall | 9 months | 8 months |
| Current fall from peak | −4.38% | −4.50% |
| Rolling 1-year return: worst | −6.94% | −25.54% |
| Rolling 1-year return: median | +5.32% | +15.03% |
| Rolling 1-year return: best | +15.86% | +89.10% |
| Share of 1-year periods with a loss | 19.52% | 16.30% |
Against each fund's benchmark
| Bajaj Finserv Large & Mid Cap | HSBC Large & Mid Cap | |
|---|---|---|
| Beta ⓘ | 0.92 | 1.03 |
| Alpha (Jensen's, annualised) ⓘ | +1.39% | +5.12% |
| R² ⓘ | 96.95 | 81.15 |
| Upside capture | 101.81% | 119.89% |
| Downside capture | 94.59% | 101.43% |
| Tracking error | 2.93% | 8.13% |
| Information ratio | 0.56 | 0.68 |
| Treynor ratio | 0.71 | 10.34 |
Portfolio
Asset mix
| Bajaj Finserv Large & Mid Cap | HSBC Large & Mid Cap | |
|---|---|---|
| Equity | 97.88% | 97.92% |
| Cash & equivalents | 2.12% | 2.08% |
Market-cap split (share of fund assets)
| Bajaj Finserv Large & Mid Cap | HSBC Large & Mid Cap | |
|---|---|---|
| Large Cap | 39.37% | 35.44% |
| Mid Cap | 37.02% | 40.35% |
| Small Cap | 20.21% | 16.83% |
| Unclassified | 1.28% | 5.30% |
Concentration
| Bajaj Finserv Large & Mid Cap | HSBC Large & Mid Cap | |
|---|---|---|
| Top 10 holdings | 35.00% | 38.10% |
| Effective number of stocks ⓘ | 43.4 | 39.1 |
| Securities held | 66 | 83 |
Portfolio overlap: 22.3%
21 companies are held by both funds; by weight, 22.3% of the two portfolios is the same. That is a low overlap: the two portfolios are largely different.
| Held by both | Bajaj Finserv Large & Mid Cap | HSBC Large & Mid Cap |
|---|---|---|
| HDFC Bank Limited | 6.25% | 5.81% |
| ICICI Bank Limited | 5.37% | 6.52% |
| The Federal Bank Limited | 2.32% | 3.34% |
| JSW Steel Limited | 1.50% | 2.20% |
| Coforge Limited | 2.23% | 1.46% |
| Divi's Laboratories Limited | 4.07% | 1.33% |
| GE Vernova T&D India Limited | 1.21% | 2.54% |
| Multi Commodity Exchange of India Limited | 1.24% | 1.00% |
| Thermax Ltd. | 1.73% | 0.72% |
| One 97 Communications Limited | 0.51% | 1.77% |
| Sun Pharmaceutical Industries Limited | 0.30% | 1.59% |
| Prestige Estates Projects Limited | 1.26% | 0.20% |
| National Stock Exchange Of India Ltd | 1.28% | 0.17% |
| Prudent Corporate Advisory Services Limited | 0.67% | 0.16% |
| Larsen & Toubro Limited | 0.24% | 0.16% |
Top 10 holdings
Bajaj Finserv Large & Mid Cap
- HDFC Bank Limited6.25%
- ICICI Bank Limited5.37%
- Divi's Laboratories Limited4.07%
- Sona BLW Precision Forgings Limited3.28%
- Reliance Industries Limited3.17%
- ITC Limited2.68%
- State Bank of India2.66%
- Tata Steel Ltd.2.59%
- K.P.R. Mill Limited2.51%
- Vedanta Aluminium Metal Limited2.42%
HSBC Large & Mid Cap
- ICICI Bank Limited6.52%
- HDFC Bank Limited5.81%
- Lenskart Solutions Limited4.96%
- Meesho Ltd3.79%
- Aditya Infotech Limited3.37%
- The Federal Bank Limited3.34%
- Ather Energy Limited2.72%
- Dhoot Transmission Ltd2.60%
- GE Vernova T&D India Limited2.54%
- Radico Khaitan Limited2.45%
Sector exposure
| Bajaj Finserv Large & Mid Cap | HSBC Large & Mid Cap | |
|---|---|---|
| Banks | 18.86% | 17.50% |
| Electrical Equipment | 2.94% | 13.04% |
| Retailing | 1.74% | 11.20% |
| Auto Components | 10.57% | 2.60% |
| Pharmaceuticals & Biotechnology | 10.35% | 8.57% |
| Finance | 6.93% | 7.16% |
| Consumer Durables | 5.64% | 0.06% |
| Automobiles | 1.45% | 5.13% |
| Industrial Manufacturing | 0.00% | 5.06% |
| Capital Markets | 4.69% | 4.67% |
| Textiles & Apparels | 4.61% | 0.00% |
| Ferrous Metals | 4.09% | 2.20% |
| Petroleum Products | 3.17% | 0.01% |
| IT - Software | 2.99% | 2.13% |
Questions people ask
What is the difference between Bajaj Finserv Large & Mid Cap and HSBC Large & Mid Cap returns?
As of 4 Nov 2026, Direct plan Growth option: 1-year return −1.74% vs +7.72%; 3-year CAGR — vs +17.66%; 5-year CAGR — vs +13.72%; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do Bajaj Finserv Large & Mid Cap and HSBC Large & Mid Cap compare on risk?
Volatility (36 monthly returns, annualised) 14.91% vs 18.36%; Sharpe ratio 0.15 vs 0.61; Sortino ratio 0.20 vs 0.86; maximum drawdown −16.20% vs −36.10%; beta 0.92 vs 1.03.
How much do Bajaj Finserv Large & Mid Cap and HSBC Large & Mid Cap overlap?
By weight, 22.3% of the two portfolios is invested in the same companies; 21 stocks are held by both, the largest shared positions being HDFC Bank Limited, ICICI Bank Limited, The Federal Bank Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of Bajaj Finserv Large & Mid Cap and HSBC Large & Mid Cap?
Bajaj Finserv Large & Mid Cap: large cap 39.4%, mid cap 37.0%, small cap 20.2%. HSBC Large & Mid Cap: large cap 35.4%, mid cap 40.4%, small cap 16.8% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
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All Large & Mid Cap comparisons → · Compare up to six funds yourself → · Every fund in this category → · All comparisons →
Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 4 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.