HSBC Brazil Fund Direct Growth

Equity
Direct
Global - Other
HSBC Brazil Fund Direct Growth

About the Fund

HSBC Brazil Fund Direct Growth is an equity fund. This fund was started on 2 January, 2013. The fund is managed by Sonal Gupta. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. HSBC Brazil Fund Direct Growth has ₹39 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 1.9.

Returns

HSBC Brazil Fund Direct Growth has given a CAGR return of -2.82% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -12.43%, -5.36% and -5.99% respectively.

Holdings

HSBC Brazil Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Energy, Basic Materials, Industrial, Utilities, Consumer Defensive, Consumer Cyclical, Health, Tech, Communication, Derivatives. Its top holdings are HSBC GIF Brazil Equity S3D

Taxation

As it is a global - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of HSBC Brazil Fund Direct Growth

The primary investment objective of the Scheme is to provide long term capital appreciation by investing predominantly in units/shares of HSBC Global Investment Funds (HGIF) Brazil Equity Fund. The Scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which may constitute a significant part of its corpus. The Scheme may also invest a certain proportion of its corpus in money market instruments and/or units of liquid mutual fund schemes, in order to meet liquidity requirements from time to time. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. HSBC Brazil Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
70 people have invested ₹ 3.5L in HSBC Brazil Fund Direct Growth in the last three months

INDmoney Rank

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5Y returns in the bottom 25% of the category
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3Y returns in the bottom 25% of the category
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Underperforms FD returns for both 3Y & 5Y period

Fund Overview

Expense ratio1.85%
Benchmark
MSCI Brazil 10/40 GR LCL
AUM₹39 Cr
Inception Date2 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load
1%
Lock InNo Lock-in
TurnOver
0.12%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-Dec-69)

  • Equity 85.2%

  • Debt & Cash 14.8%

Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
26.7%
Energy
15.1%
Basic Materials
15%
Industrial
12.7%
Utilities
10.9%
Consumer Defensive
7.3%
Consumer Cyclical
3.7%
Health
3.5%
Tech
3.1%
Communication
2.1%

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
HSBC GIF Brazil Equity S3D
HSBC GIF Brazil Equity S3D
87.62%
0%

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
HSBC Brazil Fund Direct Growth
HSBC Brazil Fund Direct Growth
-12.4%
-5.4%
-6%
-2.8%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
53.7%
21.8%
-
25.9%
Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth
Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth
30.9%
13.4%
24.2%
24.4%
Kotak NASDAQ 100 Fund of Fund Direct Growth
Kotak NASDAQ 100 Fund of Fund Direct Growth
27.5%
13%
-
15.3%
See all

Sonal Gupta
Sonal Gupta
Fund Manager of HSBC Brazil Fund Direct Growth, since 2 December 2022
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
HSBC Business Cycles Direct Growth
26.63%
--
HSBC Global Emerging Markets Fund Direct Growth
-1.81%
--
HSBC Brazil Fund Direct Growth
-5.36%
--

Mutual Fund Insights

Insights icon
This fund expense ratio is slightly on the higher side within the category (global - other). Its expense ratio is 1.85% which is higher than the category average expense ratio of 1.01%.
Insights icon
In the last 5 years, Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth has given 24.23% return, outperforming this fund by 30.21% per annum.
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Over the last 3 months, this fund has experienced a 4.6% drop in AUM moving from 41.09 Cr to 39.19 Cr.
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In the last 3 years, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 21.81% return, outperforming this fund by 27.17% per annum.
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In the last 1 year, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 53.7% return, outperforming this fund by 66.13%.

HSBC Brazil Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
Fund Allocations

Fund Allocations

This fund has an allocation of 85.16% in Equity, 0% in Debt and 14.84% in Cash related instruments
AUM size ₹39 Cr

AUM size ₹39 Cr

This fund has AUM of ₹39 Cr which is less than its category average of ₹ 520 Cr
Expense Ratio 1.85%

Expense Ratio 1.85%

This fund has an expense ratio of 1.85% which is more than its category average expense ratio of 1.4%

Frequently Asked Questions

The current NAV of HSBC Brazil Fund Direct Growth is ₹7.2 as on 24-Jul-2024.
Existing (Absolute + CAGR) as on 24-Jul-2024.
HSBC Brazil Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.21%
0.21%
6 Month Returns
-12.55%
-12.55%
1 Year Returns
-12.43%
-12.43%
3 Years Returns
-15.23%
-5.36%
5 Years Returns
-26.57%
-5.99%
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1.85% as on June 2024
₹39 Cr as on June 2024
Financial Services(22.78%), Energy(12.84%), Basic Materials(12.77%) as on June 2024
The alpha ratio for the HSBC Brazil Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
HSBC Brazil Fund Direct Growth
-
-
-
As on June 2024
The alpha for HSBC Brazil Fund Direct Growth is calculated against MSCI Brazil 10/40 GR LCL. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the HSBC Brazil Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
HSBC Brazil Fund Direct Growth
-
-
-
As on June 2024
The Beta for HSBC Brazil Fund Direct Growth is calculated with MSCI Brazil 10/40 GR LCL. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the HSBC Brazil Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
HSBC Brazil Fund Direct Growth
-0.7
-0.29
-0.16
As on June 2024
The sharpe ratio for HSBC Brazil Fund Direct Growth is calculated with MSCI Brazil 10/40 GR LCL. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the HSBC Brazil Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
HSBC Brazil Fund Direct Growth
22.53
28.71
33.04
As on June 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sonal Gupta is the fund manager of HSBC Brazil Fund Direct Growth
The Exit load of HSBC Brazil Fund Direct Growth is 1%