HSBC Equity Savings Fund vs ICICI Prudential Equity Savings Fund
HSBC Equity Savings Fund and ICICI Prudential Equity Savings Fund are both Equity Savings funds. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR +13.41% vs +7.41%, 5-year CAGR — vs +7.71%, volatility 8.07% vs 2.95%, maximum drawdown −11.53% vs −19.20%. Their portfolios overlap by 27% (44 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
| HSBC Equity Savings | ICICI Prudential Equity Savings | |
|---|---|---|
| Fund house | HSBC Mutual Fund | ICICI Prudential Mutual Fund |
| Compared as | Equity Savings | Equity Savings |
| NAV | ₹41.7453 | ₹25.6800 |
| NAV date | 6 Nov 2026 | 6 Nov 2026 |
| Launched (first NAV) | 28 Nov 2022 | 8 Dec 2014 |
| Track record | 3.9 yrs | 11.9 yrs |
| Fund size (AUM) | ₹1,558 Cr | ₹14,905 Cr |
| Securities held | 114 | 126 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| HSBC Equity Savings | ICICI Prudential Equity Savings | |
|---|---|---|
| 1 month | +2.13% | +2.52% |
| 3 months | +1.40% | +1.82% |
| 6 months | +4.48% | +3.59% |
| 1 year | +9.43% | +3.97% |
| 3 years (CAGR) | +13.41% | +7.41% |
| 5 years (CAGR) | — | +7.71% |
| 7 years (CAGR) | — | +7.89% |
| 10 years (CAGR) | — | +8.15% |
| Since launch (CAGR) | +13.32% | +8.26% |
| SIP return (XIRR, 5 years) ⓘ | — | +7.32% |
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
| HSBC Equity Savings | ICICI Prudential Equity Savings | |
|---|---|---|
| 2026 (year to date) | +9.18% | +2.27% |
| 2025 | +1.76% | +8.89% |
| 2024 | +25.17% | +8.98% |
| 2023 | +18.09% | +10.44% |
| 2022 | — | +7.70% |
| 2021 | — | +10.22% |
Risk
| HSBC Equity Savings | ICICI Prudential Equity Savings | |
|---|---|---|
| Volatility (annualised) ⓘ | 8.07% | 2.95% |
| Downside volatility ⓘ | 5.81% | 2.19% |
| Sharpe ratio ⓘ | 0.86 | 0.31 |
| Sortino ratio ⓘ | 1.19 | 0.42 |
| Maximum drawdown ⓘ | −11.53% | −19.20% |
| Recovery from that fall | 6 months | 8 months |
| Current fall from peak | 0.00% | 0.00% |
| Rolling 1-year return: worst | +0.07% | −11.28% |
| Rolling 1-year return: median | +12.31% | +8.27% |
| Rolling 1-year return: best | +28.02% | +32.67% |
| Share of 1-year periods with a loss | 0.00% | 3.83% |
Against each fund's benchmark
| HSBC Equity Savings | ICICI Prudential Equity Savings | |
|---|---|---|
| Beta ⓘ | 0.39 | 0.17 |
| Alpha (Jensen's, annualised) ⓘ | +4.92% | −0.19% |
| R² ⓘ | 49.21 | 78.85 |
| Upside capture | 66.09% | 31.14% |
| Downside capture | 23.16% | 4.80% |
| Tracking error | 10.80% | 12.33% |
| Information ratio | 0.41 | -0.12 |
| Treynor ratio | 16.38 | 2.65 |
Portfolio
Asset mix
| HSBC Equity Savings | ICICI Prudential Equity Savings | |
|---|---|---|
| Equity | 73.30% | 73.13% |
| Debt | 21.08% | 11.93% |
| Cash & equivalents | 5.62% | 5.13% |
| Mutual Fund Units | 0.00% | 9.19% |
| REITs / InvITs | 0.00% | 0.63% |
Market-cap split (share of fund assets)
| HSBC Equity Savings | ICICI Prudential Equity Savings | |
|---|---|---|
| Large Cap | 49.19% | 69.09% |
| Mid Cap | 15.87% | 2.68% |
| Small Cap | 7.17% | 1.36% |
| Unclassified | 1.07% | 0.00% |
Concentration
| HSBC Equity Savings | ICICI Prudential Equity Savings | |
|---|---|---|
| Top 10 holdings | 29.86% | 46.63% |
| Effective number of stocks ⓘ | 61.2 | 31.3 |
| Securities held | 114 | 126 |
Portfolio overlap: 27%
44 companies are held by both funds; by weight, 27% of the two portfolios is the same. That is a moderate overlap.
| Held by both | HSBC Equity Savings | ICICI Prudential Equity Savings |
|---|---|---|
| HDFC Bank Limited | 4.78% | 8.63% |
| Reliance Industries Limited | 2.88% | 4.94% |
| ICICI Bank Limited | 3.64% | 1.91% |
| Mahindra & Mahindra Limited | 1.80% | 3.39% |
| Axis Bank Limited | 3.45% | 1.75% |
| Kotak Mahindra Bank Limited | 1.72% | 4.17% |
| Sun Pharmaceutical Industries Limited | 1.68% | 5.48% |
| Bajaj Finance Limited | 1.41% | 2.65% |
| Bharti Airtel Limited | 1.23% | 2.41% |
| Tata Steel Ltd. | 1.03% | 1.64% |
| Bharat Electronics Limited | 0.58% | 0.59% |
| JSW Steel Limited | 0.66% | 0.54% |
| Ambuja Cements Ltd. | 0.52% | 1.43% |
| HDFC Life Insurance Company Limited | 0.46% | 1.76% |
| Canara Bank | 1.70% | 0.39% |
Top 10 holdings
HSBC Equity Savings
- HDFC Bank Limited4.78%
- ICICI Bank Limited3.64%
- Axis Bank Limited3.45%
- State Bank of India3.14%
- Government of India (10/04/2028)2.94%
- Reliance Industries Limited2.88%
- The Federal Bank Limited2.55%
- 6.36% GOI 16-Feb-20312.54%
- Life Insurance Corporation Of India2.05%
- Lenskart Solutions Limited1.89%
ICICI Prudential Equity Savings
- ICICI Prudential Money Market Fund - Direct Plan - Growth9.19%
- HDFC Bank Limited8.63%
- Sun Pharmaceutical Industries Limited5.48%
- Reliance Industries Limited4.94%
- Kotak Mahindra Bank Limited4.16%
- Mahindra & Mahindra Limited3.39%
- Adani Ports and Special Economic Zone Limited3.02%
- ITC Limited2.75%
- Bajaj Finance Limited2.65%
- Bharti Airtel Limited2.41%
Sector exposure
| HSBC Equity Savings | ICICI Prudential Equity Savings | |
|---|---|---|
| Banks | 24.65% | 18.34% |
| Mutual Fund | 0.00% | 9.19% |
| Sovereign | 9.08% | 1.88% |
| Pharmaceuticals & Biotechnology | 2.73% | 8.08% |
| Petroleum Products | 2.88% | 5.59% |
| Diversified FMCG | 0.19% | 4.89% |
| Automobiles | 2.80% | 4.78% |
| Electrical Equipment | 4.47% | 0.24% |
| Finance | 4.16% | 4.42% |
| Retailing | 4.18% | 0.38% |
| Capital Markets | 3.79% | 0.06% |
| CRISIL AAA | 3.67% | 2.16% |
| Transport Infrastructure | 0.35% | 3.66% |
| Telecom - Services | 1.54% | 3.64% |
Questions people ask
What is the difference between HSBC Equity Savings and ICICI Prudential Equity Savings returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return +9.43% vs +3.97%; 3-year CAGR +13.41% vs +7.41%; 5-year CAGR — vs +7.71%; 10-year CAGR — vs +8.15%. Past returns do not indicate future returns.
How do HSBC Equity Savings and ICICI Prudential Equity Savings compare on risk?
Volatility (36 monthly returns, annualised) 8.07% vs 2.95%; Sharpe ratio 0.86 vs 0.31; Sortino ratio 1.19 vs 0.42; maximum drawdown −11.53% vs −19.20%; beta 0.39 vs 0.17.
How much do HSBC Equity Savings and ICICI Prudential Equity Savings overlap?
By weight, 27% of the two portfolios is invested in the same companies; 44 stocks are held by both, the largest shared positions being HDFC Bank Limited, Reliance Industries Limited, ICICI Bank Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of HSBC Equity Savings and ICICI Prudential Equity Savings?
HSBC Equity Savings: large cap 49.2%, mid cap 15.9%, small cap 7.2%. ICICI Prudential Equity Savings: large cap 69.1%, mid cap 2.7%, small cap 1.4% (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.