COMPARE
HSBC Focused Fund - Direct Growth vs Kotak Quant Fund - Direct Plan - Growth Option
HSBC Focused Fund and Kotak Quant Fund are in different categories (Focused Fund vs Sectoral/ Thematic), from HSBC Asset Management (India) Private Ltd. and Kotak Mahindra Asset Management Company Limited. respectively. HSBC Focused Fund has posted a higher 3-year rolling CAGR. HSBC Focused Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
HSBC Focused Fund has the lower direct-plan expense ratio, by 0.64 percentage points.
| HSBC Focused Fund - Direct Growth | Kotak Quant Fund - Direct Plan - Growth Option | |
|---|---|---|
| Category | Focused Fund | Sectoral/ Thematic |
| AMC | HSBC Asset Management (India) Private Ltd. | Kotak Mahindra Asset Management Company Limited. |
| Benchmark | Nifty 500 TRI | Nifty 200 TRI |
| NAV | ₹28.7489 (2026-09-30) | ₹14.771 (2026-09-30) |
| AUM | ₹1,795.27 Cr | ₹477.409 Cr |
| Expense Ratio (Direct) | 1.04% | 1.68% |
| Inception | 2020-07-01 | 2023-07-12 |
Returns
HSBC Focused Fund leads on 3-year rolling CAGR (18.7% vs Kotak Quant Fund's 14.3%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
HSBC Focused Fund has been the more volatile of the two by standard deviation.
| HSBC Focused Fund - Direct Growth | Kotak Quant Fund - Direct Plan - Growth Option | |
|---|---|---|
| 3Y Sharpe Ratio | 0.48 | 0.44 |
| 3Y Alpha | 4.4489% | 4.2946% |
| 3Y Std Deviation | 15.4143% | 15.0481% |
| 3Y Calmar Ratio | 0.69 | 0.60 |
Portfolio Analytics
HSBC Focused Fund carries the higher portfolio P/E ratio (a rougher proxy for how richly the underlying holdings are valued) - see the table below for the full comparison.
| HSBC Focused Fund - Direct Growth | Kotak Quant Fund - Direct Plan - Growth Option | |
|---|---|---|
| P/E Ratio | 31.0839 | 26.91 |
| P/B Ratio | - | 5 |
| Dividend Yield | 0.9608% | 1.18% |
| Active Share | 75.51% | 63.19% |
| Portfolio Turnover | 44% | 147% |
| YTM | - | - |
| Duration (Macaulay) | - | - |
Punji Fund Health Score
HSBC Focused Fund and Kotak Quant Fund carry the same Punji Quality grade.
| HSBC Focused Fund - Direct Growth | Kotak Quant Fund - Direct Plan - Growth Option | |
|---|---|---|
| Quality Grade | B | B |
| Safety Grade | D | D |
| Compound Grade | C | B |
Frequently asked questions
Which has a higher 3-year return, HSBC Focused Fund or Kotak Quant Fund?
HSBC Focused Fund's 3-year rolling CAGR of 18.7% is higher than Kotak Quant Fund's 14.3%. HSBC Focused Fund sits in the 78th percentile of its category on this metric, versus the 21st percentile for Kotak Quant 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 Focused Fund or Kotak Quant Fund?
HSBC Focused Fund's direct-plan expense ratio is 0.64 percentage points lower than Kotak Quant 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 Focused Fund or Kotak Quant Fund?
By standard deviation (a measure of how much a fund's returns swing around its own average), HSBC Focused Fund has been more volatile than Kotak Quant 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 (0.48 for HSBC Focused Fund vs 0.44 for Kotak Quant 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, HSBC Focused Fund or Kotak Quant Fund?
HSBC Focused Fund has ₹1,795 Cr in assets under management, versus ₹477 Cr for Kotak Quant 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 Focused Fund or Kotak Quant Fund?
HSBC Focused Fund launched on 2020-07-01, making it older than Kotak Quant Fund (launched 2023-07-12). 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 2026-10-01. Source: AMFI disclosures via Punji. Not investment advice.