COMPARE
Edelweiss ASEAN Equity Off-shore Fund - Direct Plan - Growth Option vs HSBC Brazil Fund - Growth Direct
Edelweiss ASEAN Equity Off-shore Fund and HSBC Brazil Fund are both in the FoF Overseas category, from Edelweiss Asset Management Limited and HSBC Asset Management (India) Private Ltd. respectively. Edelweiss ASEAN Equity Off-shore Fund has posted a higher 3-year rolling CAGR. Edelweiss ASEAN Equity Off-shore Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Edelweiss ASEAN Equity Off-shore Fund has the lower direct-plan expense ratio, by 0.17 percentage points.
| Edelweiss ASEAN Equity Off-shore Fund - Direct Plan - Growth Option | HSBC Brazil Fund - Growth Direct | |
|---|---|---|
| Category | FoF Overseas | FoF Overseas |
| AMC | Edelweiss Asset Management Limited | HSBC Asset Management (India) Private Ltd. |
| Benchmark | MSCI AC ASEAN 10/40 Index TRI | MSCI Brazil Index (EWZ ETF) |
| NAV | ₹38.877 (2026-10-28) | ₹10.3235 (2026-10-28) |
| AUM | ₹144.697 Cr | ₹384.066 Cr |
| Expense Ratio (Direct) | 0.75% | 0.92% |
| Inception | 2011-06-10 | 2011-04-15 |
Returns
Edelweiss ASEAN Equity Off-shore Fund leads on 3-year rolling CAGR (5.7% 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.
| Edelweiss ASEAN Equity Off-shore Fund - Direct Plan - Growth Option | HSBC Brazil Fund - Growth Direct | |
|---|---|---|
| 3Y Sharpe Ratio | 0.57 | 0.59 |
| 3Y Alpha | 0.7256% | 5.5818% |
| 3Y Std Deviation | 12.6142% | 23.4535% |
| 3Y Calmar Ratio | 0.88 | 0.73 |
Portfolio Analytics
Punji Fund Health Score
Edelweiss ASEAN Equity Off-shore Fund and HSBC Brazil Fund carry the same Punji Quality grade.
Frequently asked questions
Which has a higher 3-year return, Edelweiss ASEAN Equity Off-shore Fund or HSBC Brazil Fund?
Edelweiss ASEAN Equity Off-shore Fund's 3-year rolling CAGR of 5.7% is higher than HSBC Brazil Fund's 1.2%. Edelweiss ASEAN Equity Off-shore Fund sits in the 13th 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, Edelweiss ASEAN Equity Off-shore Fund or HSBC Brazil Fund?
Edelweiss ASEAN Equity Off-shore Fund's direct-plan expense ratio is 0.17 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, Edelweiss ASEAN Equity Off-shore Fund 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 Edelweiss ASEAN Equity Off-shore 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 (0.57 for Edelweiss ASEAN Equity Off-shore Fund 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, Edelweiss ASEAN Equity Off-shore Fund or HSBC Brazil Fund?
HSBC Brazil Fund has ₹384 Cr in assets under management, versus ₹145 Cr for Edelweiss ASEAN Equity Off-shore 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, Edelweiss ASEAN Equity Off-shore Fund or HSBC Brazil Fund?
HSBC Brazil Fund launched on 2011-04-15, making it older than Edelweiss ASEAN Equity Off-shore Fund (launched 2011-06-10). 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.