COMPARE
Bandhan Financial Services Fund - Direct Plan - Growth vs HSBC Infrastructure Fund - Direct Growth
Bandhan Financial Services Fund and HSBC Infrastructure Fund are both in the Sectoral Fund category, from Bandhan AMC Limited and HSBC Asset Management (India) Private Ltd. respectively. HSBC Infrastructure Fund has posted a higher 3-year rolling CAGR. Bandhan Financial Services Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Bandhan Financial Services Fund has the lower direct-plan expense ratio, by 0.10 percentage points.
| Bandhan Financial Services Fund - Direct Plan - Growth | HSBC Infrastructure Fund - Direct Growth | |
|---|---|---|
| Category | Sectoral Fund | Sectoral Fund |
| AMC | Bandhan AMC Limited | HSBC Asset Management (India) Private Ltd. |
| Benchmark | Nifty Financial Services TRI | Nifty Infrastructure TRI |
| NAV | ₹14.484 (2026-10-28) | ₹53.8714 (2026-10-28) |
| AUM | ₹1,027.021 Cr | ₹2,460.009 Cr |
| Expense Ratio (Direct) | 1% | 1.1% |
| Inception | 2023-07-10 | 2007-08-07 |
Returns
HSBC Infrastructure Fund leads on 3-year rolling CAGR (21.9% vs Bandhan Financial Services Fund's 14.8%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
HSBC Infrastructure Fund has been the more volatile of the two by standard deviation.
| Bandhan Financial Services Fund - Direct Plan - Growth | HSBC Infrastructure Fund - Direct Growth | |
|---|---|---|
| 3Y Sharpe Ratio | 0.31 | 0.24 |
| 3Y Alpha | 3.9007% | 1.244% |
| 3Y Std Deviation | 15.3559% | 19.6906% |
| 3Y Calmar Ratio | 0.68 | 0.47 |
Portfolio Analytics
HSBC Infrastructure Fund carries the higher portfolio P/E ratio (a rougher proxy for how richly the underlying holdings are valued) - see the table below for the full comparison.
| Bandhan Financial Services Fund - Direct Plan - Growth | HSBC Infrastructure Fund - Direct Growth | |
|---|---|---|
| P/E Ratio | 18.5356 | 31.9064 |
| P/B Ratio | - | 15.3738 |
| Dividend Yield | 0.8649% | 0.8713% |
| Active Share | 43.03% | 68.07% |
| Portfolio Turnover | 59% | 25% |
| YTM | - | - |
| Duration (Macaulay) | - | - |
Punji Fund Health Score
HSBC Infrastructure Fund has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a higher 3-year return, Bandhan Financial Services Fund or HSBC Infrastructure Fund?
HSBC Infrastructure Fund's 3-year rolling CAGR of 21.9% is higher than Bandhan Financial Services Fund's 14.8%. HSBC Infrastructure Fund sits in the 78th percentile of its category on this metric, versus the 11th percentile for Bandhan Financial Services 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 Financial Services Fund or HSBC Infrastructure Fund?
Bandhan Financial Services Fund's direct-plan expense ratio is 0.10 percentage points lower than HSBC Infrastructure 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 Financial Services Fund or HSBC Infrastructure Fund?
By standard deviation (a measure of how much a fund's returns swing around its own average), HSBC Infrastructure Fund has been more volatile than Bandhan Financial Services 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 (0.31 for Bandhan Financial Services Fund vs 0.24 for HSBC Infrastructure 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 Financial Services Fund or HSBC Infrastructure Fund?
HSBC Infrastructure Fund has ₹2,460 Cr in assets under management, versus ₹1,027 Cr for Bandhan Financial Services 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, Bandhan Financial Services Fund or HSBC Infrastructure Fund?
HSBC Infrastructure Fund launched on 2007-08-07, making it older than Bandhan Financial Services Fund (launched 2023-07-10). 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.