COMPARE
BANDHAN Equity Savings Fund-Direct Plan-Growth vs HSBC Equity Savings Fund - Direct Growth
BANDHAN Equity Savings Fund- and HSBC Equity Savings Fund are both in the Equity Savings category, from Bandhan AMC Limited and HSBC Asset Management (India) Private Ltd. respectively. BANDHAN Equity Savings Fund- has posted a higher 3-year rolling CAGR. BANDHAN Equity Savings Fund- has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
BANDHAN Equity Savings Fund- has the lower direct-plan expense ratio, by 0.82 percentage points.
| BANDHAN Equity Savings Fund-Direct Plan-Growth | HSBC Equity Savings Fund - Direct Growth | |
|---|---|---|
| Category | Equity Savings | Equity Savings |
| AMC | Bandhan AMC Limited | HSBC Asset Management (India) Private Ltd. |
| Benchmark | CRISIL Equity Savings TRI | Nifty Equity Savings TRI |
| NAV | ₹36.236 (2026-10-28) | ₹40.7111 (2026-10-28) |
| AUM | ₹383.889 Cr | ₹1,595.008 Cr |
| Expense Ratio (Direct) | 0.65% | 1.47% |
| Inception | 2008-05-05 | 2011-09-27 |
Returns
BANDHAN Equity Savings Fund- leads on 3-year rolling CAGR (7.7% vs HSBC Equity Savings Fund's 14.2%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
HSBC Equity Savings Fund has been the more volatile of the two by standard deviation.
| BANDHAN Equity Savings Fund-Direct Plan-Growth | HSBC Equity Savings Fund - Direct Growth | |
|---|---|---|
| 3Y Sharpe Ratio | -0.15 | 0.59 |
| 3Y Alpha | -0.5474% | 3.7572% |
| 3Y Std Deviation | 2.1048% | 7.6451% |
| 3Y Calmar Ratio | 3.01 | 1.00 |
Portfolio Analytics
BANDHAN Equity Savings Fund- carries the higher portfolio YTM.
| BANDHAN Equity Savings Fund-Direct Plan-Growth | HSBC Equity Savings Fund - Direct Growth | |
|---|---|---|
| P/E Ratio | 21.4021 | 21.7265 |
| P/B Ratio | - | 7.0345 |
| Dividend Yield | 1.308% | 0.9654% |
| Active Share | - | - |
| Portfolio Turnover | 67% | - |
| YTM | 7.6813% | 6.8512% |
| Duration (Macaulay) | 3.39 yrs | - |
Punji Fund Health Score
HSBC Equity Savings Fund has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a higher 3-year return, BANDHAN Equity Savings Fund- or HSBC Equity Savings Fund?
BANDHAN Equity Savings Fund-'s 3-year rolling CAGR of 7.7% is higher than HSBC Equity Savings Fund's 14.2%. BANDHAN Equity Savings Fund- sits in the 5th percentile of its category on this metric, versus the 100th percentile for HSBC Equity Savings Fund - though note both funds may belong to different categories with different medians, so a raw CAGR comparison doesn't account for how each fund performed relative to its own peers. A higher historical return also doesn't necessarily mean lower risk; check the risk metrics below before concluding either fund is the "better" choice.
Which has a lower expense ratio, BANDHAN Equity Savings Fund- or HSBC Equity Savings Fund?
BANDHAN Equity Savings Fund-'s direct-plan expense ratio is 0.82 percentage points lower than HSBC Equity Savings Fund's. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Which fund carries more risk, BANDHAN Equity Savings Fund- or HSBC Equity Savings Fund?
By standard deviation (a measure of how much a fund's returns swing around its own average), HSBC Equity Savings Fund has been more volatile than BANDHAN Equity Savings Fund- over the trailing window. Standard deviation captures total volatility in both directions - up and down - so a higher figure means bigger swings generally, not necessarily bigger losses specifically. Sharpe ratio (-0.15 for BANDHAN Equity Savings Fund- vs 0.59 for HSBC Equity Savings Fund) is a better single measure of risk-adjusted return, since it weighs the return earned per unit of volatility taken rather than volatility alone.
Which has higher AUM, BANDHAN Equity Savings Fund- or HSBC Equity Savings Fund?
HSBC Equity Savings Fund has ₹1,595 Cr in assets under management, versus ₹384 Cr for BANDHAN Equity Savings Fund-. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which has a higher yield to maturity (YTM), BANDHAN Equity Savings Fund- or HSBC Equity Savings Fund?
BANDHAN Equity Savings Fund-'s portfolio YTM (7.6813%) is higher than HSBC Equity Savings Fund's. YTM is the weighted-average return a debt fund's current bond holdings would earn if held to maturity, assuming no defaults and coupons reinvested at the same rate - a useful forward-looking yield estimate for debt funds the way rolling CAGR is for equity funds, though it's an estimate based on today's portfolio, not a guaranteed return, and can move as bonds are bought/sold or as interest rates change.
Which fund has a longer track record, BANDHAN Equity Savings Fund- or HSBC Equity Savings Fund?
BANDHAN Equity Savings Fund- launched on 2008-05-05, making it older than HSBC Equity Savings Fund (launched 2011-09-27). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.