• 1 Year Returns: -9.79%
• 3 Year Returns: 0.67%
• 5 Year Returns: 0.08%

• Private Banks | 18.81%
• G-Sec | 12.19%
• Pharmaceuticals | 5.99%
• Oil & Gas - Refining & Marketing | 5.72%
• Public Banks | 5.47%

• HDFC Bank Limited | 5.61%
• ICICI Bank Limited | 4.75%
• Axis Bank Limited | 4.16%
• Aurobindo Pharma Limited | 4.14%
• Reliance Industries Ltd | 4.03%

• Equity | 72.66%
• Government Securities | 12.19%
• Corporate Debt | 9.67%
• Secured Debt | 3.28%
• Cash & Equivalents | 1.87%

The alpha ratio for the HSBC Balanced Advantage Fund(IDCW-Payout) is 0.96

Alpha is the excess return of a fund compared to its expected return, based on its beta and the risk-free rate. Positive alpha indicates that the fund has outperformed its expected return, while negative alpha suggests underperformance.

The volatility or standard deviation for the HSBC Balanced Advantage Fund(IDCW-Payout) is 7.17

Standard deviation measures the volatility or risk associated with the returns of a mutual fund. A higher standard deviation indicates higher volatility, suggesting that the returns of the mutual fund are more spread out from the average. On the other hand, a lower standard deviation implies lower volatility and a more stable performance.

The Sharpe ratio for the HSBC Balanced Advantage Fund(IDCW-Payout) is -0.94

The Sharpe ratio is a measure of risk-adjusted return that evaluates the performance of a mutual fund, by adjusting for its risk. Higher Sharpe ratio indicates a better risk-adjusted performance. A positive Sharpe ratio indicates that the MF has provided a return in excess of the risk-free rate for the amount of risk taken. Conversely, a negative Sharpe ratio suggests that the MF did not adequately compensate for the risk.

The Sortino Ratio for the HSBC Balanced Advantage Fund(IDCW-Payout) is -0.10

The Sortino ratio of a mutual fund is a measure of its risk-adjusted return, considering only downside volatility. It helps investors evaluate how well a fund is performing relative to its downside risk. A higher Sortino ratio (value >1) means the fund generates better returns for the downside risk taken.