COMPARE
HSBC Brazil Fund - Growth Direct vs Navi NASDAQ100 US Specific Equity Passive FOF- Direct- Growth
HSBC Brazil Fund and Navi NASDAQ100 US Specific Equity Passive FOF- Direct- Growth are both in the FoF Overseas category, from HSBC Asset Management (India) Private Ltd. and Navi AMC Limited respectively. Navi NASDAQ100 US Specific Equity Passive FOF- Direct- Growth has posted a higher 3-year rolling CAGR. Navi NASDAQ100 US Specific Equity Passive FOF- Direct- Growth has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Navi NASDAQ100 US Specific Equity Passive FOF- Direct- Growth has the lower direct-plan expense ratio, by 0.66 percentage points.
| HSBC Brazil Fund - Growth Direct | Navi NASDAQ100 US Specific Equity Passive FOF- Direct- Growth | |
|---|---|---|
| Category | FoF Overseas | FoF Overseas |
| AMC | HSBC Asset Management (India) Private Ltd. | Navi AMC Limited |
| Benchmark | MSCI Brazil Index (EWZ ETF) | NASDAQ 100 (INR) |
| NAV | ₹10.3235 (2026-10-28) | ₹25.3291 (2026-10-28) |
| AUM | ₹384.066 Cr | ₹1,210.78 Cr |
| Expense Ratio (Direct) | 0.92% | 0.26% |
| Inception | 2011-04-15 | 2022-03-03 |
Returns
Navi NASDAQ100 US Specific Equity Passive FOF- Direct- Growth leads on 3-year rolling CAGR (31.5% 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 | Navi NASDAQ100 US Specific Equity Passive FOF- Direct- Growth | |
|---|---|---|
| 3Y Sharpe Ratio | 0.59 | 1.17 |
| 3Y Alpha | 5.5818% | 1.822% |
| 3Y Std Deviation | 23.4535% | 19.631% |
| 3Y Calmar Ratio | 0.73 | 1.29 |
Portfolio Analytics
Punji Fund Health Score
Navi NASDAQ100 US Specific Equity Passive FOF- Direct- Growth has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a higher 3-year return, HSBC Brazil Fund or Navi NASDAQ100 US Specific Equity Passive FOF- Direct- Growth?
Navi NASDAQ100 US Specific Equity Passive FOF- Direct- Growth's 3-year rolling CAGR of 31.5% is higher than HSBC Brazil Fund's 1.2%. Navi NASDAQ100 US Specific Equity Passive FOF- Direct- Growth sits in the 96th 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 Navi NASDAQ100 US Specific Equity Passive FOF- Direct- Growth?
Navi NASDAQ100 US Specific Equity Passive FOF- Direct- Growth's direct-plan expense ratio is 0.66 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 Navi NASDAQ100 US Specific Equity Passive FOF- Direct- Growth?
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 Navi NASDAQ100 US Specific 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 (0.59 for HSBC Brazil Fund vs 1.17 for Navi NASDAQ100 US Specific Equity Passive FOF- Direct- Growth) 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 Navi NASDAQ100 US Specific Equity Passive FOF- Direct- Growth?
Navi NASDAQ100 US Specific Equity Passive FOF- Direct- Growth has ₹1,211 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 Navi NASDAQ100 US Specific Equity Passive FOF- Direct- Growth?
HSBC Brazil Fund launched on 2011-04-15, making it older than Navi NASDAQ100 US Specific Equity Passive FOF- Direct- Growth (launched 2022-03-03). 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.