Compare Mutual Funds

Insights from Fund Comparison

• Both HSBC Infrastructure Fund - Direct (IDCW) and Mahindra Manulife Manufacturing Fund - Reg (G) are Sectoral / Thematic, Equity schemes. HSBC Infrastructure Fund - Direct (IDCW) is 13 yrs 3 m old and manages ₹2,300.26 Crs, whereas Mahindra Manulife Manufacturing Fund - Reg (G) is 1 yrs 10 m old with ₹694.44 Crs.
• HSBC Infrastructure Fund - Direct (IDCW) is therefore older and larger, which may indicate more experience and investor confidence.
• HSBC Infrastructure Fund - Direct (IDCW) has its top 3 sectors in Aerospace & Defence (13.25%), Infrastructure Developers & Operators (11.52%), and Power Generation & Distribution (11.41%), while Mahindra Manulife Manufacturing Fund - Reg (G) focuses on Auto Ancillaries (11.82%), Automobile (9.58%), and Steel (8.09%).
• The funds are completely different in sector allocation, which could result in very different performance patterns based on sector trends.
• HSBC Infrastructure Fund - Direct (IDCW) holds NTPC Limited (9.90%), Bharat Electronics Limited (7.83%), Larsen & Toubro Limited (7.66%), Bharti Airtel Limited (6.33%), and Reliance Industries Limited (6.10%), whereas Mahindra Manulife Manufacturing Fund - Reg (G) holds Tata Steel Limited (6.11%), Mahindra & Mahindra Limited (5.43%), Reliance Industries Limited (4.84%), Bharat Electronics Limited (4.12%), and Hindalco Industries Limited (3.62%).
• The funds share exposure to Bharat Electronics Limited and Reliance Industries Limited, which makes their performance partly correlated. However, the unique holdings like NTPC Limited in HSBC Infrastructure Fund - Direct (IDCW) and Tata Steel Limited in Mahindra Manulife Manufacturing Fund - Reg (G) can create divergence depending on how these stocks perform.
• In terms of risk profile, HSBC Infrastructure Fund - Direct (IDCW) has 99.04% equity and 0.00% debt, while Mahindra Manulife Manufacturing Fund - Reg (G) has 97.47% equity and 0.00% debt.
• Risk profile is similar for both funds.