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Aditya Birla Sun Life US Equity Passive FOF-Direct-Growth vs HSBC Brazil Fund - Growth Direct
Aditya Birla Sun Life US Equity Passive FOF-Direct-Growth and HSBC Brazil Fund are both in the FoF Overseas category, from Aditya Birla Sun Life AMC Limited and HSBC Asset Management (India) Private Ltd. respectively. Aditya Birla Sun Life US Equity Passive FOF-Direct-Growth has posted a higher 3-year rolling CAGR. Aditya Birla Sun Life US Equity Passive FOF-Direct-Growth has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Aditya Birla Sun Life US Equity Passive FOF-Direct-Growth has the lower direct-plan expense ratio, by 0.58 percentage points.
| Aditya Birla Sun Life US Equity Passive FOF-Direct-Growth | HSBC Brazil Fund - Growth Direct | |
|---|---|---|
| Category | FoF Overseas | FoF Overseas |
| AMC | Aditya Birla Sun Life AMC Limited | HSBC Asset Management (India) Private Ltd. |
| Benchmark | NASDAQ 100 (INR) | MSCI Brazil Index (EWZ ETF) |
| NAV | ₹23.2252 (2026-10-28) | ₹10.3235 (2026-10-28) |
| AUM | ₹507.48 Cr | ₹384.066 Cr |
| Expense Ratio (Direct) | 0.34% | 0.92% |
| Inception | 2021-10-15 | 2011-04-15 |
Returns
Aditya Birla Sun Life US Equity Passive FOF-Direct-Growth leads on 3-year rolling CAGR (28.9% vs HSBC Brazil Fund's 1.2%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
HSBC Brazil Fund has been the more volatile of the two by standard deviation.
| Aditya Birla Sun Life US Equity Passive FOF-Direct-Growth | HSBC Brazil Fund - Growth Direct | |
|---|---|---|
| 3Y Sharpe Ratio | 1.23 | 0.59 |
| 3Y Alpha | 3.708% | 5.5818% |
| 3Y Std Deviation | 18.4202% | 23.4535% |
| 3Y Calmar Ratio | 1.27 | 0.73 |
Portfolio Analytics
Punji Fund Health Score
Aditya Birla Sun Life US Equity Passive FOF-Direct-Growth has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a higher 3-year return, Aditya Birla Sun Life US Equity Passive FOF-Direct-Growth or HSBC Brazil Fund?
Aditya Birla Sun Life US Equity Passive FOF-Direct-Growth's 3-year rolling CAGR of 28.9% is higher than HSBC Brazil Fund's 1.2%. Aditya Birla Sun Life US Equity Passive FOF-Direct-Growth sits in the 91st percentile of its category on this metric, versus the 2nd percentile for HSBC Brazil 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, Aditya Birla Sun Life US Equity Passive FOF-Direct-Growth or HSBC Brazil Fund?
Aditya Birla Sun Life US Equity Passive FOF-Direct-Growth's direct-plan expense ratio is 0.58 percentage points lower than HSBC Brazil 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, Aditya Birla Sun Life US Equity Passive FOF-Direct-Growth or HSBC Brazil Fund?
By standard deviation (a measure of how much a fund's returns swing around its own average), HSBC Brazil Fund has been more volatile than Aditya Birla Sun Life US Equity Passive FOF-Direct-Growth 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 (1.23 for Aditya Birla Sun Life US Equity Passive FOF-Direct-Growth vs 0.59 for HSBC Brazil 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, Aditya Birla Sun Life US Equity Passive FOF-Direct-Growth or HSBC Brazil Fund?
Aditya Birla Sun Life US Equity Passive FOF-Direct-Growth has ₹507 Cr in assets under management, versus ₹384 Cr for HSBC Brazil 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 fund has a longer track record, Aditya Birla Sun Life US Equity Passive FOF-Direct-Growth or HSBC Brazil Fund?
HSBC Brazil Fund launched on 2011-04-15, making it older than Aditya Birla Sun Life US Equity Passive FOF-Direct-Growth (launched 2021-10-15). 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.