HSBC India Export Opportunities Fund - Direct IDCW

HSBC India Export Opportunities Fund - Direct IDCW holds up reasonably well within the Thematic category, backed by a 4-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 71/100.

Cost: At 1.1%, the expense ratio is roughly in line with the Thematic category average of 1.11% — cost isn't a standout factor either way for this fund.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a moderate Sharpe ratio of 0.65 — decent risk-adjusted performance, without being exceptional. Separately, annualised volatility of 15.99% is fairly typical for actively managed equity funds.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Equity fund. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.