HDFC Value Fund vs HSBC Value Fund
HDFC Value Fund and HSBC Value Fund are both Value / Contra funds. As of 5 Nov 2026 (Direct plan, Growth option): 3-year CAGR +16.70% vs +15.60%, 5-year CAGR +13.23% vs —, volatility 15.43% vs 16.28%, maximum drawdown −43.90% vs −19.61%. Their portfolios overlap by 33.1% (22 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 Value | HSBC Value | |
|---|---|---|
| Fund house | HDFC Mutual Fund | HSBC Mutual Fund |
| Compared as | Value / Contra | Value / Contra |
| NAV | ₹898.0930 | ₹126.9022 |
| NAV date | 5 Nov 2026 | 5 Nov 2026 |
| Launched (first NAV) | 1 Jan 2013 | 28 Nov 2022 |
| Track record | 13.8 yrs | 3.9 yrs |
| Fund size (AUM) | ₹8,039 Cr | ₹14,660 Cr |
| Securities held | 81 | 86 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| HDFC Value | HSBC Value | |
|---|---|---|
| 1 month | +3.58% | +2.21% |
| 3 months | −0.63% | −2.39% |
| 6 months | +5.42% | −1.80% |
| 1 year | +4.59% | +0.30% |
| 3 years (CAGR) | +16.70% | +15.60% |
| 5 years (CAGR) | +13.23% | — |
| 7 years (CAGR) | +16.98% | — |
| 10 years (CAGR) | +14.80% | — |
| Since launch (CAGR) | +15.81% | +17.76% |
| SIP return (XIRR, 5 years) ⓘ | +14.33% | — |
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 Value | HSBC Value | |
|---|---|---|
| 2026 (year to date) | +3.86% | −1.51% |
| 2025 | +9.51% | +8.02% |
| 2024 | +21.73% | +27.13% |
| 2023 | +30.73% | +40.71% |
| 2022 | +4.58% | — |
| 2021 | +36.87% | — |
Risk
| HDFC Value | HSBC Value | |
|---|---|---|
| Volatility (annualised) ⓘ | 15.43% | 16.28% |
| Downside volatility ⓘ | 10.22% | 11.05% |
| Sharpe ratio ⓘ | 0.66 | 0.56 |
| Sortino ratio ⓘ | 1.00 | 0.83 |
| Maximum drawdown ⓘ | −43.90% | −19.61% |
| Recovery from that fall | 8 months | 4 months |
| Current fall from peak | −0.79% | −3.43% |
| Rolling 1-year return: worst | −41.64% | −5.67% |
| Rolling 1-year return: median | +13.76% | +11.39% |
| Rolling 1-year return: best | +107.13% | +64.98% |
| Share of 1-year periods with a loss | 13.38% | 6.06% |
Against each fund's benchmark
| HDFC Value | HSBC Value | |
|---|---|---|
| Beta ⓘ | 0.99 | 1.02 |
| Alpha (Jensen's, annualised) ⓘ | +4.54% | +3.63% |
| R² ⓘ | 97.30 | 91.62 |
| Upside capture | 113.35% | 115.02% |
| Downside capture | 93.24% | 101.20% |
| Tracking error | 2.59% | 4.86% |
| Information ratio | 1.94 | 0.82 |
| Treynor ratio | 8.77 | 7.48 |
Portfolio
Asset mix
| HDFC Value | HSBC Value | |
|---|---|---|
| Equity | 98.45% | 98.11% |
| Cash & equivalents | 1.01% | 1.89% |
| Foreign Securities | 0.54% | 0.00% |
Market-cap split (share of fund assets)
| HDFC Value | HSBC Value | |
|---|---|---|
| Large Cap | 56.57% | 41.68% |
| Mid Cap | 22.69% | 17.66% |
| Small Cap | 18.19% | 38.28% |
| Unclassified | 1.00% | 0.49% |
Concentration
| HDFC Value | HSBC Value | |
|---|---|---|
| Top 10 holdings | 30.77% | 31.57% |
| Effective number of stocks ⓘ | 52.5 | 54.8 |
| Securities held | 81 | 86 |
Portfolio overlap: 33.1%
22 companies are held by both funds; by weight, 33.1% of the two portfolios is the same. That is a moderate overlap.
| Held by both | HDFC Value | HSBC Value |
|---|---|---|
| HDFC Bank Limited | 4.56% | 5.07% |
| ICICI Bank Limited | 6.17% | 4.00% |
| State Bank of India | 3.16% | 3.01% |
| Larsen & Toubro Limited | 2.46% | 2.10% |
| Reliance Industries Limited | 1.85% | 2.72% |
| Tech Mahindra Limited | 1.61% | 1.95% |
| NTPC Limited | 2.01% | 1.60% |
| Maruti Suzuki India Limited | 1.61% | 1.38% |
| PNB Housing Finance Limited | 1.33% | 2.72% |
| Bharti Airtel Limited | 2.84% | 1.24% |
| Axis Bank Limited | 3.20% | 1.18% |
| Sun Pharmaceutical Industries Limited | 2.20% | 1.06% |
| Karur Vysya Bank Limited | 1.05% | 3.50% |
| Multi Commodity Exchange of India Limited | 1.02% | 1.50% |
| United Spirits Limited | 1.32% | 0.96% |
Top 10 holdings
HDFC Value
- ICICI Bank Limited6.17%
- HDFC Bank Limited4.56%
- Axis Bank Limited3.20%
- State Bank of India3.16%
- Bharti Airtel Limited2.84%
- Larsen & Toubro Limited2.46%
- Sun Pharmaceutical Industries Limited2.20%
- AU Small Finance Bank Limited2.19%
- NTPC Limited2.01%
- Infosys Limited1.98%
HSBC Value
- HDFC Bank Limited5.07%
- ICICI Bank Limited4.00%
- Karur Vysya Bank Limited3.50%
- The Federal Bank Limited3.15%
- State Bank of India3.01%
- Finolex Cables Limited2.97%
- Reliance Industries Limited2.72%
- PNB Housing Finance Limited2.72%
- Balrampur Chini Mills Limited2.33%
- Larsen & Toubro Limited2.10%
Sector exposure
| HDFC Value | HSBC Value | |
|---|---|---|
| Banks | 21.90% | 24.68% |
| Finance | 5.65% | 7.57% |
| Textiles & Apparels | 0.00% | 7.05% |
| Pharmaceuticals & Biotechnology | 6.87% | 1.83% |
| Industrial Products | 0.93% | 6.11% |
| IT - Software | 5.99% | 3.56% |
| Automobiles | 4.98% | 4.32% |
| Auto Components | 4.68% | 0.49% |
| Retailing | 4.66% | 1.20% |
| Power | 4.17% | 1.60% |
| Construction | 2.96% | 3.95% |
| Telecom - Services | 3.78% | 1.24% |
| Insurance | 3.77% | 0.00% |
| Petroleum Products | 3.24% | 3.71% |
Questions people ask
What is the difference between HDFC Value and HSBC Value returns?
As of 5 Nov 2026, Direct plan Growth option: 1-year return +4.59% vs +0.30%; 3-year CAGR +16.70% vs +15.60%; 5-year CAGR +13.23% vs —; 10-year CAGR +14.80% vs —. Past returns do not indicate future returns.
How do HDFC Value and HSBC Value compare on risk?
Volatility (36 monthly returns, annualised) 15.43% vs 16.28%; Sharpe ratio 0.66 vs 0.56; Sortino ratio 1.00 vs 0.83; maximum drawdown −43.90% vs −19.61%; beta 0.99 vs 1.02.
How much do HDFC Value and HSBC Value overlap?
By weight, 33.1% of the two portfolios is invested in the same companies; 22 stocks are held by both, the largest shared positions being HDFC Bank Limited, ICICI Bank Limited, State Bank of India. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of HDFC Value and HSBC Value?
HDFC Value: large cap 56.6%, mid cap 22.7%, small cap 18.2%. HSBC Value: large cap 41.7%, mid cap 17.7%, small cap 38.3% (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.
More comparisons
HDFC Value vs
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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 5 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.