• 1 Year Returns: 11.67%

• Private Banks | 36.70%
• Specialized Finance | 16.35%
• Asset Management | 13.23%
• Others | 11.82%
• Home Financing | 7.43%

• ICICI Bank Limited | 9.83%
• HDFC Bank Limited | 9.54%
• Nippon Life India Asset Management Ltd | 5.18%
• Shriram Finance Limited | 4.98%
• State Bank of India | 4.64%

• Equity | 96.91%
• Cash & Equivalents | 3.09%

The alpha ratio for the HSBC Financial Services Fund-Reg(IDCW) is 6.84

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 Financial Services Fund-Reg(IDCW) is 17.67

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 Financial Services Fund-Reg(IDCW) is 0.48

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 Financial Services Fund-Reg(IDCW) is 0.05

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.