COMPARE
HSBC Financial Services Fund - Direct Growth vs Nippon India Japan Equity Fund- Direct Plan- Growth Plan- Growth Option
HSBC Financial Services Fund and Nippon India Japan Equity Fund- are both in the Thematic Fund category, from HSBC Asset Management (India) Private Ltd. and Nippon Life India Asset Management Limited respectively. HSBC Financial Services Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
HSBC Financial Services Fund has the lower direct-plan expense ratio, by 0.41 percentage points.
| HSBC Financial Services Fund - Direct Growth | Nippon India Japan Equity Fund- Direct Plan- Growth Plan- Growth Option | |
|---|---|---|
| Category | Thematic Fund | Thematic Fund |
| AMC | HSBC Asset Management (India) Private Ltd. | Nippon Life India Asset Management Limited |
| Benchmark | BSE Financial Services TRI | S&P JAPAN 500 TRI |
| NAV | ₹11.759 (2026-10-28) | ₹31.1282 (2026-10-28) |
| AUM | ₹966.42 Cr | ₹340.048 Cr |
| Expense Ratio (Direct) | 0.96% | 1.37% |
| Inception | 2025-02-06 | 2014-08-08 |
Returns
Risk Metrics
This fund is less than three years old, so a three-year risk history does not exist yet.
Portfolio Analytics
| HSBC Financial Services Fund - Direct Growth | Nippon India Japan Equity Fund- Direct Plan- Growth Plan- Growth Option | |
|---|---|---|
| P/E Ratio | 20.8526 | - |
| P/B Ratio | - | - |
| Dividend Yield | 0.9387% | - |
| Active Share | 50.97% | - |
| Portfolio Turnover | 15% | 55.00000000000001% |
| YTM | - | - |
| Duration (Macaulay) | - | - |
Punji Fund Health Score
HSBC Financial Services Fund has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a lower expense ratio, HSBC Financial Services Fund or Nippon India Japan Equity Fund-?
HSBC Financial Services Fund's direct-plan expense ratio is 0.41 percentage points lower than Nippon India Japan Equity 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 HSBC Financial Services Fund and Nippon India Japan Equity 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, HSBC Financial Services Fund or Nippon India Japan Equity Fund-?
HSBC Financial Services Fund has ₹966 Cr in assets under management, versus ₹340 Cr for Nippon India Japan Equity 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 Financial Services Fund or Nippon India Japan Equity Fund-?
Nippon India Japan Equity Fund- launched on 2014-08-08, making it older than HSBC Financial Services Fund (launched 2025-02-06). 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.