HTML5 Application Cache vs Browser Cache

HTML5 applicationCache

It can be understood by an example that a web application is cached, and accessible without a connected internet. 

Application cache has some advantages: users can use the application when they're offline, cached resources load faster and reduced server load.

 Browser cache 

Web browsers use caching to store HTML web pages by storing a copy of visited pages. After that, the copy is used to render when you visit that page again