COMPARE
DSP US Specific Debt Passive FoF - Direct - Growth vs HSBC Brazil Fund - Growth Direct
DSP US Specific Debt Passive FoF and HSBC Brazil Fund are both in the FoF Overseas category, from DSP Asset Managers Private Limited and HSBC Asset Management (India) Private Ltd. respectively. DSP US Specific Debt Passive FoF has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
DSP US Specific Debt Passive FoF has the lower direct-plan expense ratio, by 0.75 percentage points.
| DSP US Specific Debt Passive FoF - Direct - Growth | HSBC Brazil Fund - Growth Direct | |
|---|---|---|
| Category | FoF Overseas | FoF Overseas |
| AMC | DSP Asset Managers Private Limited | HSBC Asset Management (India) Private Ltd. |
| Benchmark | MSCI U.S. Government Bond Index | MSCI Brazil Index (EWZ ETF) |
| NAV | ₹12.2967 (2026-10-28) | ₹10.3235 (2026-10-28) |
| AUM | ₹52.241 Cr | ₹384.066 Cr |
| Expense Ratio (Direct) | 0.17% | 0.92% |
| Inception | 2024-03-07 | 2011-04-15 |
Returns
Risk Metrics
This fund is less than three years old, so a three-year risk history does not exist yet.
| DSP US Specific Debt Passive FoF - Direct - Growth | HSBC Brazil Fund - Growth Direct | |
|---|---|---|
| 3Y Sharpe Ratio | N/A | 0.59 |
| 3Y Alpha | N/A | 5.5818% |
| 3Y Std Deviation | N/A | 23.4535% |
| 3Y Calmar Ratio | N/A | 0.73 |
Portfolio Analytics
Punji Fund Health Score
DSP US Specific Debt Passive FoF has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a lower expense ratio, DSP US Specific Debt Passive FoF or HSBC Brazil Fund?
DSP US Specific Debt Passive FoF's direct-plan expense ratio is 0.75 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.
Why don't DSP US Specific Debt Passive FoF and HSBC Brazil Fund show risk metrics like Sharpe ratio or alpha?
This fund is less than three years old, so a three-year risk history does not exist yet. This is a deliberate methodology choice, not missing data - risk metrics like alpha and Sharpe ratio are most meaningful for actively-managed funds where a manager makes decisions that can add or subtract value versus a benchmark. For a fund that mechanically tracks an index, the equivalent useful metric is tracking error (how closely it follows its index), not alpha.
Which has higher AUM, DSP US Specific Debt Passive FoF or HSBC Brazil Fund?
HSBC Brazil Fund has ₹384 Cr in assets under management, versus ₹52 Cr for DSP US Specific Debt Passive FoF. 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, DSP US Specific Debt Passive FoF or HSBC Brazil Fund?
HSBC Brazil Fund launched on 2011-04-15, making it older than DSP US Specific Debt Passive FoF (launched 2024-03-07). 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.