COMPARE
HSBC Brazil Fund - Growth Direct vs Kotak Global Emerging Market Overseas Equity Active FOF - Growth - Direct
HSBC Brazil Fund and Kotak Global Emerging Market Overseas Equity Active FOF are both in the FoF Overseas category, from HSBC Asset Management (India) Private Ltd. and Kotak Mahindra Asset Management Company Limited. respectively. Kotak Global Emerging Market Overseas Equity Active FOF has posted a higher 3-year rolling CAGR. Kotak Global Emerging Market Overseas Equity Active FOF has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Kotak Global Emerging Market Overseas Equity Active FOF has the lower direct-plan expense ratio, by 0.15 percentage points.
| HSBC Brazil Fund - Growth Direct | Kotak Global Emerging Market Overseas Equity Active FOF - Growth - Direct | |
|---|---|---|
| Category | FoF Overseas | FoF Overseas |
| AMC | HSBC Asset Management (India) Private Ltd. | Kotak Mahindra Asset Management Company Limited. |
| Benchmark | MSCI Brazil Index (EWZ ETF) | MSCI Emerging Markets (INR) |
| NAV | ₹10.3235 (2026-10-28) | ₹40.366 (2026-10-28) |
| AUM | ₹384.066 Cr | ₹1,562.473 Cr |
| Expense Ratio (Direct) | 0.92% | 0.7702% |
| Inception | 2011-04-15 | 2007-07-25 |
Returns
Kotak Global Emerging Market Overseas Equity Active FOF leads on 3-year rolling CAGR (6.5% 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.
| HSBC Brazil Fund - Growth Direct | Kotak Global Emerging Market Overseas Equity Active FOF - Growth - Direct | |
|---|---|---|
| 3Y Sharpe Ratio | 0.59 | 0.98 |
| 3Y Alpha | 5.5818% | 3.4017% |
| 3Y Std Deviation | 23.4535% | 16.5188% |
| 3Y Calmar Ratio | 0.73 | 1.40 |
Portfolio Analytics
Punji Fund Health Score
Kotak Global Emerging Market Overseas Equity Active FOF has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a higher 3-year return, HSBC Brazil Fund or Kotak Global Emerging Market Overseas Equity Active FOF?
Kotak Global Emerging Market Overseas Equity Active FOF's 3-year rolling CAGR of 6.5% is higher than HSBC Brazil Fund's 1.2%. Kotak Global Emerging Market Overseas Equity Active FOF sits in the 17th 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, HSBC Brazil Fund or Kotak Global Emerging Market Overseas Equity Active FOF?
Kotak Global Emerging Market Overseas Equity Active FOF's direct-plan expense ratio is 0.15 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, HSBC Brazil Fund or Kotak Global Emerging Market Overseas Equity Active FOF?
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 Kotak Global Emerging Market Overseas Equity Active FOF 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 (0.59 for HSBC Brazil Fund vs 0.98 for Kotak Global Emerging Market Overseas Equity Active FOF) 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, HSBC Brazil Fund or Kotak Global Emerging Market Overseas Equity Active FOF?
Kotak Global Emerging Market Overseas Equity Active FOF has ₹1,562 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, HSBC Brazil Fund or Kotak Global Emerging Market Overseas Equity Active FOF?
Kotak Global Emerging Market Overseas Equity Active FOF launched on 2007-07-25, making it older than HSBC Brazil Fund (launched 2011-04-15). 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.