HDFC Aggressive Hybrid Fund vs Kotak Aggressive Hybrid Fund
HDFC Aggressive Hybrid Fund and Kotak Aggressive Hybrid Fund are both Aggressive Hybrid funds. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR +8.11% vs +13.58%, 5-year CAGR +8.37% vs +11.73%, volatility 11.19% vs 13.33%, maximum drawdown −33.56% vs −47.44%. Their portfolios overlap by 19.6% (16 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
| HDFC Aggressive Hybrid | Kotak Aggressive Hybrid | |
|---|---|---|
| Fund house | HDFC Mutual Fund | Kotak Mahindra Mutual Fund |
| Compared as | Aggressive Hybrid | Aggressive Hybrid |
| NAV | ₹126.8720 | ₹47.6680 |
| NAV date | 6 Nov 2026 | 6 Nov 2026 |
| Launched (first NAV) | 1 Jan 2013 | 2 Jan 2013 |
| Track record | 13.8 yrs | 13.8 yrs |
| Fund size (AUM) | ₹21,158 Cr | ₹9,040 Cr |
| Securities held | 133 | 110 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| HDFC Aggressive Hybrid | Kotak Aggressive Hybrid | |
|---|---|---|
| 1 month | +5.57% | +2.90% |
| 3 months | +0.36% | −1.58% |
| 6 months | +3.68% | +2.06% |
| 1 year | −2.63% | +3.85% |
| 3 years (CAGR) | +8.11% | +13.58% |
| 5 years (CAGR) | +8.37% | +11.73% |
| 7 years (CAGR) | +12.12% | +15.16% |
| 10 years (CAGR) | +10.96% | +10.95% |
| Since launch (CAGR) | +11.26% | +5.23% |
| SIP return (XIRR, 5 years) ⓘ | +7.20% | +11.74% |
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
| HDFC Aggressive Hybrid | Kotak Aggressive Hybrid | |
|---|---|---|
| 2026 (year to date) | −3.36% | +3.62% |
| 2025 | +6.60% | +5.48% |
| 2024 | +13.66% | +23.35% |
| 2023 | +18.50% | +21.73% |
| 2022 | +9.58% | +6.50% |
| 2021 | +26.50% | +30.66% |
Risk
| HDFC Aggressive Hybrid | Kotak Aggressive Hybrid | |
|---|---|---|
| Volatility (annualised) ⓘ | 11.19% | 13.33% |
| Downside volatility ⓘ | 8.37% | 9.23% |
| Sharpe ratio ⓘ | 0.14 | 0.53 |
| Sortino ratio ⓘ | 0.19 | 0.77 |
| Maximum drawdown ⓘ | −33.56% | −47.44% |
| Recovery from that fall | 8 months | 14 months |
| Current fall from peak | −3.84% | −1.64% |
| Rolling 1-year return: worst | −26.35% | −29.08% |
| Rolling 1-year return: median | +9.49% | +6.44% |
| Rolling 1-year return: best | +89.22% | +82.38% |
| Share of 1-year periods with a loss | 22.21% | 31.01% |
Against each fund's benchmark
| HDFC Aggressive Hybrid | Kotak Aggressive Hybrid | |
|---|---|---|
| Beta ⓘ | 0.71 | 0.84 |
| Alpha (Jensen's, annualised) ⓘ | −1.62% | +3.60% |
| R² ⓘ | 92.98 | 88.55 |
| Upside capture | 73.13% | 99.98% |
| Downside capture | 72.76% | 78.60% |
| Tracking error | 5.23% | 5.06% |
| Information ratio | -0.39 | 0.73 |
| Treynor ratio | -0.14 | 6.72 |
Portfolio
Asset mix
| HDFC Aggressive Hybrid | Kotak Aggressive Hybrid | |
|---|---|---|
| Equity | 71.78% | 74.39% |
| Debt | 24.22% | 13.98% |
| ETF Units | 1.76% | 0.00% |
| Cash & equivalents | 1.16% | 11.63% |
| REITs / InvITs | 1.08% | 0.00% |
Market-cap split (share of fund assets)
| HDFC Aggressive Hybrid | Kotak Aggressive Hybrid | |
|---|---|---|
| Large Cap | 51.76% | 39.00% |
| Mid Cap | 4.91% | 25.64% |
| Small Cap | 15.11% | 7.24% |
| Unclassified | 0.00% | 2.51% |
Concentration
| HDFC Aggressive Hybrid | Kotak Aggressive Hybrid | |
|---|---|---|
| Top 10 holdings | 35.97% | 26.48% |
| Effective number of stocks ⓘ | 46.3 | 72.2 |
| Securities held | 133 | 110 |
Portfolio overlap: 19.6%
16 companies are held by both funds; by weight, 19.6% of the two portfolios is the same. That is a low overlap: the two portfolios are largely different.
| Held by both | HDFC Aggressive Hybrid | Kotak Aggressive Hybrid |
|---|---|---|
| ICICI Bank Limited | 6.87% | 2.98% |
| State Bank of India | 2.86% | 2.87% |
| HDFC Bank Limited | 7.01% | 2.50% |
| Bharti Airtel Limited | 1.99% | 2.90% |
| 7.34% GOI MAT 220464 | 2.18% | 1.97% |
| Eternal Limited | 1.77% | 3.25% |
| Infosys Limited | 1.88% | 1.47% |
| United Spirits Limited | 0.86% | 1.05% |
| Reliance Industries Limited | 4.15% | 0.71% |
| Cholamandalam Investment and Finance Company Ltd | 0.68% | 2.50% |
| Sun Pharmaceutical Industries Limited | 0.60% | 0.90% |
| Government Securities | 0.53% | 0.96% |
| 360 One Prime Limited | 0.24% | 0.56% |
| Muthoot Finance Ltd. | 0.24% | 0.28% |
| Small Industries Development Bank | 0.12% | 0.28% |
Top 10 holdings
HDFC Aggressive Hybrid
- HDFC Bank Limited7.01%
- ICICI Bank Limited6.87%
- Reliance Industries Limited4.15%
- Kotak Mahindra Bank Limited3.45%
- Axis Bank Limited3.19%
- State Bank of India2.86%
- 7.34% GOI MAT 2204642.18%
- Larsen & Toubro Limited2.14%
- Divi's Laboratories Limited2.09%
- Maruti Suzuki India Limited2.03%
Kotak Aggressive Hybrid
- Eternal Limited3.25%
- ICICI Bank Limited2.98%
- Bharti Airtel Limited2.90%
- State Bank of India2.87%
- Fortis Healthcare Limited2.73%
- Shriram Finance Limited2.54%
- HDFC Bank Limited2.50%
- Cholamandalam Investment and Finance Company Ltd2.50%
- Molbio Diagnostics Limited2.17%
- Bharat Electronics Limited2.04%
Sector exposure
| HDFC Aggressive Hybrid | Kotak Aggressive Hybrid | |
|---|---|---|
| Banks | 23.38% | 11.18% |
| Finance | 0.68% | 10.70% |
| CRISIL - AAA | 8.11% | 0.07% |
| Sovereign | 5.91% | 4.61% |
| Retailing | 2.31% | 5.28% |
| Pharmaceuticals & Biotechnology | 5.15% | 3.20% |
| Healthcare Services | 2.11% | 5.07% |
| IT - Software | 3.92% | 5.03% |
| Capital Markets | 1.07% | 4.92% |
| Petroleum Products | 4.56% | 1.43% |
| Automobiles | 4.00% | 0.00% |
| Consumer Durables | 1.36% | 3.75% |
| Construction | 3.55% | 0.89% |
| CRISIL AAA | 3.27% | 1.41% |
Questions people ask
What is the difference between HDFC Aggressive Hybrid and Kotak Aggressive Hybrid returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return −2.63% vs +3.85%; 3-year CAGR +8.11% vs +13.58%; 5-year CAGR +8.37% vs +11.73%; 10-year CAGR +10.96% vs +10.95%. Past returns do not indicate future returns.
How do HDFC Aggressive Hybrid and Kotak Aggressive Hybrid compare on risk?
Volatility (36 monthly returns, annualised) 11.19% vs 13.33%; Sharpe ratio 0.14 vs 0.53; Sortino ratio 0.19 vs 0.77; maximum drawdown −33.56% vs −47.44%; beta 0.71 vs 0.84.
How much do HDFC Aggressive Hybrid and Kotak Aggressive Hybrid overlap?
By weight, 19.6% of the two portfolios is invested in the same companies; 16 stocks are held by both, the largest shared positions being ICICI Bank Limited, State Bank of India, HDFC Bank Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of HDFC Aggressive Hybrid and Kotak Aggressive Hybrid?
HDFC Aggressive Hybrid: large cap 51.8%, mid cap 4.9%, small cap 15.1%. Kotak Aggressive Hybrid: large cap 39.0%, mid cap 25.6%, small cap 7.2% (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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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 6 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.