Over 55% return! Mutual fund scheme of the year 2025 crown goes to HSBC Brazil Fund
Mutual fund investors had a strong year in 2025, with the HSBC Brazil Fund emerging as the top-performing scheme. The fund delivered over 55% returns, turning a ₹1 lakh lump-sum invested at the start of the year into ₹1.55 lakh, while a ₹10,000 monthly SIP grew to ₹1.48 lakh with an XIRR of 46.45%, despite market volatility.
The year 2025 has been remarkable for mutual fund investors, with several schemes delivering impressive returns despite market volatility. Among them, HSBC Brazil Fund has emerged as the standout performer, earning the title of mutual fund scheme of the year 2025 with a staggering return of over 55.24%
The HSBC Brazil Fund is an open-ended fund of funds scheme that invests in the HSBC Global Investment Funds - Brazil Equity Fund.
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A monthly SIP of Rs 10,000 made at the first day of the current calendar year, the current value of the investment would have been Rs 1.48 lakh now with an XIRR of 46.45%.
The lumpsum investment of Rs 1 lakh made on January 1, 2025, would have been Rs 1.55 lakh now with a CAGR of 55.24%.
The assets under management (AUM) of the scheme has surged by 645% in 2025 from Rs 40.68 crore in December 2024 to Rs 303.13 crore in November 2025. (The last available data)
In 2025, the NAV of the regular plan of the scheme increased by 54% from Rs 5.8064 on January 2, 2025, to Rs 8.9305 as of December 30, 2025. Meanwhile, the NAV of the direct plan rose by 55% from Rs 6.3323 to Rs 9.7914 as of December 30, 2025.
The investment objective of the fund 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.
The performance of the fund is benchmarked against MSCI Brazil 10/40 Index TRI and is managed by Sonal Gupta.
For lumpsum investments, the minimum subscription amount is Rs 5,000 per application and in multiples of Re 1 thereafter. The minimum application amount is applicable for switch-ins as well.
This international fund invests 95-100% in units/shares of HGIF Brazil Equity Fund and 0-5% in money market instruments (including TREPS & reverse repo) and/or units of liquid mutual fund schemes.
The scheme may invest in units of liquid mutual fund schemes managed by the AMC or in the schemes of any other mutual fund, provided it is in conformity with the investment objectives of the scheme and in terms of the prevailing Regulations.