Hsbc Managed Solution India - Conservative

Review Date: 07-03-2025

A review of the different performance parameters of the fund is as follows:

1. Returns: It indicates the appreciation in the investment's value within the investment period, represented as a percentage or a specific amount of money. We conducted an analysis of the six return parameters of this fund to assess their performance. To assess performance, we have segmented the return parameters into three groups: the top 25%, parameters below the top 25% but still above average, and parameters below average. The results are provided below.
   1. Top 25%: The fund does not have any return parameter in the top 25% in the category.
   2. Above Average Below the Top 25%: Two return parameters of the HSBC Managed Solution India - Conservative are above average but below the top 25% in the category, as listed below:
      
      • 1M Return %
      • 3M Return %
   3. Below Average: HSBC Managed Solution India - Conservative has four return parameters that are below average in the category, which are listed below:
      
      • 3Y Return %
      • 1Y Return %
      • 5Y Return %
      • 6M Return %
2. Risk: It signifies the potential for financial loss or the failure to achieve anticipated returns due to diverse elements. We have analyzed two risk parameters of HSBC Managed Solution India - Conservative, and divided it into three groups the lowest 25%, below average but above the lowest 25%, and above average. More details are provided below.
   1. Lowest 25%: two risk parameters in the lowest 25% in the category, which are listed below.
      • Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The standard deviation of the fund is 2.41 %.
      • Semi-Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. The semi-deviation of the fund is 1.82 %.
   2. Below Average but Above the Lowest 25%: HSBC Managed Solution India - Conservative does not have any risk parameters in the below average but above the lowest 25% of the category.
   3. Above Average: HSBC Managed Solution India - Conservative does not have any risk parameters above average; which is a good sign.
3. Risk Adjusted Performance Parameters: In mutual funds, risk-adjusted performance parameters are evaluation tools that gauge the returns of an investment against the risk taken. They assist investors in comparing various investments, factoring in both risk and returns. We have evaluated four risk-adjusted performance parameters of the fund.
   1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
   2. Above Average Below Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.
   3. Below Average Risk Adjusted Performance Parameters: HSBC Managed Solution India - Conservative has four risk-adjusted performance parameters of the fund that are below average in the category.
      • Sharpe Ratio: HSBC Managed Solution India - Conservative has a Sharpe Ratio of -0.25 compared to the category average of 0.47.
      • Sterling Ratio: HSBC Managed Solution India - Conservative has a Sterling Ratio of 0.5 compared to the category average of 0.68.
      • Sortino Ratio: HSBC Managed Solution India - Conservative has a Sortino Ratio of -0.09 compared to the category average of 0.26.
      • Treynor Ratio: HSBC Managed Solution India - Conservative has a Treynor Ratio of -0.04 compared to the category average of -0.04.

Date	Hsbc Managed Solution India - Conservative NAV Regular Growth	Hsbc Managed Solution India - Conservative NAV Direct Growth
07-03-2025	20.8373	22.0576
06-03-2025	20.8386	22.0586
05-03-2025	20.8005	22.0177
04-03-2025	20.759	21.9733
03-03-2025	20.7639	21.9781
28-02-2025	20.7558	21.9681
25-02-2025	20.8289	22.0441
24-02-2025	20.832	22.0469
21-02-2025	20.8423	22.0563
20-02-2025	20.8625	22.0773
18-02-2025	20.8645	22.0784
17-02-2025	20.855	22.0679
14-02-2025	20.8409	22.0516
13-02-2025	20.8525	22.0634
12-02-2025	20.8594	22.0703
11-02-2025	20.8624	22.0729
10-02-2025	20.8884	22.1
07-02-2025	20.9132	22.1248