The scheme seeks to build a balanced portfolio, which would provide a combination of high annual return and capital appreciation. The scheme was made open-ended from March 2000.
The Scheme seeks to generate capital appreciation / income from a portfolio, predominantly of equity & equity related instruments
35.9% of the combined portfolio weight is common between Canara Robeco Equity Hybrid Fund Direct-Growth and HDFC Hybrid Equity Fund Direct Plan-Growth.
27 stocks appear in both portfolios.
The largest shared holding is ICICI Bank Ltd., at 4.65% of Canara Robeco Equity Hybrid Fund Direct-Growth and 7.19% of HDFC Hybrid Equity Fund Direct Plan-Growth.
The funds share a meaningful part of their portfolios but still differ enough to add some diversification.
Largest common holdings
ICICI Bank Ltd.HDFC Bank Ltd.Reliance Industries Ltd.Axis Bank Ltd.State Bank of IndiaBharti Airtel Ltd.Larsen & Toubro Ltd.Infosys Ltd.
Canara Robeco Equity Hybrid Fund Direct-Growth has delivered the higher 3-year CAGR (12.54% vs 7.96%). Canara Robeco Equity Hybrid Fund Direct-Growth is the cheaper of the two with an expense ratio of 0.62% against 1.12%. HDFC Hybrid Equity Fund Direct Plan-Growth manages the larger corpus at ₹22.37k Cr. There is no single "better" fund — the right choice depends on your holding period, risk appetite and what you already own. Use the returns, risk and portfolio overlap tables above to judge which fits your portfolio, and remember that past returns do not guarantee future performance.
Over 1 year, Canara Robeco Equity Hybrid Fund Direct-Growth returned 5.87% against -1.56% for HDFC Hybrid Equity Fund Direct Plan-Growth; and over 3 years, Canara Robeco Equity Hybrid Fund Direct-Growth leads with a 12.54% CAGR versus 7.96%. Returns beyond one year are CAGR (annualised). Short-period returns are heavily influenced by market cycles, so compare over at least three to five years before drawing conclusions.
Canara Robeco Equity Hybrid Fund Direct-Growth has the lower expense ratio at 0.62%, compared with 1.12% for HDFC Hybrid Equity Fund Direct Plan-Growth — a difference of 0.50% a year. The expense ratio is deducted from NAV daily, so a lower ratio directly improves your net return, though it should not be the only reason to pick a fund.
Both Canara Robeco Equity Hybrid Fund Direct-Growth and HDFC Hybrid Equity Fund Direct Plan-Growth carry a "Very High" rating on the SEBI Riskometer. Within the same riskometer band, differences still show up in maximum drawdown, volatility and market-cap mix — all of which are compared in the tables above.
The portfolio overlap between the two funds is 35.9%, which is considered moderate. At this level the funds share a meaningful part of their portfolios but still differ enough to add some diversification. You can see the shared stocks in the overlap section above.
Yes — both are Hybrid: Aggressive Hybrid funds, which means they follow similar mandates and are benchmarked against comparable indices. That makes a direct comparison of returns, expense ratio and risk meaningful.
Canara Robeco Equity Hybrid Fund Direct-Growth has a NAV of ₹428.01 and an AUM of ₹11.14k Cr, and was launched on 31 Dec 2012. HDFC Hybrid Equity Fund Direct Plan-Growth has a NAV of ₹126.37 and an AUM of ₹22.37k Cr, launched on 31 Dec 2012. NAV on its own says nothing about how expensive or cheap a fund is — only the return on it matters.
