Part of HSBC Securities and Capital Markets (India) Private Limited, HSBC Mutual Funds is one of the leading AMCs in the investment market of the country. Being a part of the 7th largest bank in the world, it offers international quality investment options and services to prospective investors across the nation.
HSBC Mutual Fund serves more than 1 million customers through its 1000 plus offices spread all over India. It operates with a total corpus of Rs. 12637.24 Crore as of 2022, and offers more than 103 different types of schemes under three types of options, equity, debt, and product add-on funds.
An abbreviation of the Hong Kong and Shanghai Banking Corporation, the HSBC empire is over 100 years old and was established by Sir Thomas Sutherland in 1886. It is the world’s 7th largest bank in terms of total assets and revenues. Although it is owned by the British, it has an unbeatable track record in wealth and asset management in South Asia too, besides retail and corporate banking.
Given the unpredictable atmosphere in Hong Kong over the ‘One Nation Two System’ norm, HSBC was though to face stiff resistance in entering the Mutual Funds business in India. That, however, did not happen because of their excellent track record in almost every department of banking.
The HSBC empire has more than 100 million active customers all over the world in every continent except the Polar regions. It has a total market capitalisation of more than £102.7 billion as of the end of 2018. It is the second largest company which is listed on London’s Stock Exchange behind only Royal Dutch Shell.
These figures are sufficient to prove the antecedents of their Mutual Funds business. All their businesses in this sector in India are controlled by their wholly-owned subsidiary, the HSBC Asset Management (India) Private Limited.
HSBC’s India business is one of their biggest assets and it has bigger plans for further growth in South East Asia too.
HSBC’s Mutual Fund house was set up in accordance with the Indian Trusts Act of 1882. Its registration number for the Securities and Exchange Board of India (Mutual Funds) under SEBI’s guidelines is MF/046/02/5 (dated May 27, 2002).
| Fund Name | Category | Risk | 1Y Returns | Rating | Fund Size(in Cr) |
|---|---|---|---|---|---|
HSBC Equity Savings Fund | Hybrid | Moderate | 13.5% | 4 | ₹156 |
HSBC Medium Duration Fund | Debt | Moderate | 8.2% | 4 | ₹689 |
HSBC Low Duration Fund | Debt | Low to Moderate | 7.5% | 4 | ₹477 |
HSBC Overnight Fund | Debt | Low | 6.5% | 4 | ₹3,635 |
HSBC Small Cap Fund | Equity | Very High | 35.8% | 3 | ₹11,549 |
HSBC Infrastructure Fund | Equity | Very High | 38.2% | 3 | ₹1,856 |
HSBC Value Fund | Equity | Very High | 34.2% | 3 | ₹9,237 |
HSBC Flexi Cap Fund | Equity | Very High | 25.2% | 3 | ₹3,534 |
HSBC Nifty 50 Index Fund | Other | Very High | 16.4% | 3 | ₹192 |
HSBC Managed Solutions India Growth Fund | Other | Very High | 17.1% | 3 | ₹38 |
HSBC Equity Hybrid Fund | Hybrid | Very High | 1.1% | 3 | ₹475 |
HSBC Balanced Advantage Fund | Hybrid | Moderately High | 14.2% | 3 | ₹1,374 |
HSBC Conservative Hybrid Fund | Hybrid | Moderately High | 10.1% | 3 | ₹109 |
HSBC Arbitrage Fund | Hybrid | Low | 7.4% | 3 | ₹1,700 |
HSBC Ultra Short Duration Fund | Debt | Low to Moderate | 7.2% | 3 | ₹2,752 |
| View All |
| Mutual fund name | HSBC Mutual Fund |
| Founded | 27 May 2002 |
| AMC Incorporation Date | 12 December 2001 |
| Sponsor name | HSBC Securities and Capital Markets (India) Private Limited |
| Trustee organisation | Board of Trustees, HSBC Mutual Fund |
| MD and CEO | Mr. Ravi Menon |
| CIO | Mr. Tushar Pradhan |
| Compliance Officer | Mr. Sumesh Kumar |
| Custodians | Standard Chartered Bank |
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HSBC Mutual Funds online application process makes the entire process hassle-free and time-saving. Following are the steps necessary to invest in one of the leading mutual funds in India.
Step 1. Log-in to your existing Groww account, or create a new account if you are a first-time investor.
Step 2. You will have to upload a copy of identity proof issued by the Government of India. Documents like Voter ID, PAN Card, passport, Aadhaar, etc. is accepted.
Step 3. Submit documents that will work as proof of address.
Step 4. After completing the KYC paperwork, select a preferred investment period from the available options.
Step 5. Choose from low, medium, or high-risk investment plans according to your risk appetite.
Step 6. Select HSBC Mutual Funds from the available options as your preferred investment choice.
Step 7. Choose whether you want to invest a lump sum amount by selecting the “Invest One Time” option or invest via SIP with “Start SIP”.
All your HSBC Mutual Funds online will reflect in your Groww account within 3 to 4 business days.
1. Mr. Ravi Menon
Mr. Ravi Menon is the active CEO of HSBC Asset Management India. With over 33 years of experience behind him, this SIBM (Pune) alumni oversees Rs. 11553.0387 Crore of this AMC. Mr. Menon was named as the best Central Bank Governor in Asia-Pacific for 2018, and one of the first regulators to create a dedicated fintech group recognising modern markets and various technology’ risks and benefits.
Mr. Ravi Menon started his career as the manager of ANZ Grindlays Bank in 1986. In 2004, he associated with Union Bank of Switzerland as the Director and joined HSBC Bank in 1998 as the managing director. In February 2009, he was appointed as the Chief Executive Officer and the Head Strategy and Business Development of the HSBC Asset Management: India.
2. Mr. Neelotpal Sahai
Mr. Neelotpal Sahai is the current Head of Equities at HSBC AM (India). He is an Indian Institute of Technology (Varanasi) graduate, with a Post Graduate Diploma in Management from Indian Institute of Management, Kolkata.
Mr. Sahai started his career as a Senior Management Trainee for Hewlett Packard in 1994. In 1997, he moved to SBC Warburg as a Research Analyst and later joined Infosys Technologies Ltd. as a Senior Project Manager.
Mr. Sahai’s tryst in the financial sector started in 2006 when he joined IDFC Investment Advisors Ltd. as a Senior Research Analyst. He became the Director of Equity Portfolio management for IDFC in 2010 and shifted to HSBC Asset Management as the Head of Equities department in 2013. He currently handles Rs. 744 Crore as HSBC Large Cap Equity Fund along with several other associated investment option’s Equity portions.
3. Mr. Tushar Pradhan
Mr. Tushar Pradhan is an experienced professional skilled in Equity Research, Investment Management, Multi-Asset Management, and Portfolio Management. Presently, he is appointed as the Chief Investment Officer at HSBC Asset Management (India) Pvt. Ltd.
Mr. Pradhan completed his MBA in Finance from the University of Hartford and joined HDFC Limited as a Manager Treasury in 1995. After five years of service, he was appointed as Senior Fund Manager in HDFC AMC.
In 2006, Mr. Tushar Pradhan moved to AIG Investments holding the rank of CIO of Equities. Later on, in 2009, he joined HSBC Asset Management Pvt. Ltd. as the Chief Investment Officer. Presently, he is associated with HSBC MF for more than 10 years.
Mr. Pradhan has a history of successfully working in the financial service industry with some of the largest organisations in the market. He currently runs the core asset of the AMC.
4. Mr. Sanjay Shah
Mr. Sanjay Shah is a 1999 alumni of the Indian Institute of Management (Ahmedabad), currently appointed as the Head of Fixed Income at HSBC Asset Management. He has a career in investment banking spanning 20 years, starting his work as the Chief Manager at SBI Mutual Fund.
In 2003, Mr. Shah moved to ICICI Bank as the Manager of Credit Risk Management. In 2006, he was appointed as the Vice President of Lehman Brothers, and after two years, he shifted to HSBC Asset Management as the Head of Fixed Income. He has held this rank for the last 10 years.
Mr. Sanjay Shah handles all the asset allocation for HSBC MF’s fixed income portion. He is also appointed by HSBC as the Desk Head for International Markets and operations.
5. Mr. Aditya Khemani
Mr. Aditya Khemani is the acting Fund Manager of the Equities section of the HSBC Mutual Fund. He has over 14 years of experience in the investment and debt management sector.
Mr. Khemani is an alumnus of Indian Institute of Management, Lucknow. He completed his Post Graduate Degree in Management from IIM in 2005. After that, he joined Morgan Stanley Advantage Services India Pvt. Ltd. as a research analyst in 2005.
Mr. Khemani’s entry in the asset management market was marked with his association with Prudential ICICI Asset Management India Pvt. Ltd. as a Research Analyst-Equities. He specialises in market evaluation, asset management, equity research, and equity management.
Mr. Aditya Khemani was appointed as the Fund Manager in HSBC Asset Management India Pvt. Ltd. in 2007, where he has been associated with for the last 11 years. He oversees all the direct equity fund-related investment options as well as associated products that offer similar terms. Currently, Mr. Aditya Khemani handles an asset sized Rs. 173 Crore as the direct Tax Saver Equity Fund.
Now let us jump and check about these top 15 mutual fund schemes.
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 14.51% & 9.65%. The HSBC Equity Savings Fund comes under the Hybrid category of HSBC Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for HSBC Equity Savings Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹156Cr |
| 1Y Returns | 13.5% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 6.43% & 7.41%. The HSBC Medium Duration Fund comes under the Debt category of HSBC Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for HSBC Medium Duration Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹689Cr |
| 1Y Returns | 8.2% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 5.33% & 6.23%. The HSBC Low Duration Fund comes under the Debt category of HSBC Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for HSBC Low Duration Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹477Cr |
| 1Y Returns | 7.5% |
Fund Performance: The HSBC Overnight Fund comes under the Debt category of HSBC Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for HSBC Overnight Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹3,635Cr |
| 1Y Returns | 6.5% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 43.31% & 21.02%. The HSBC Small Cap Fund comes under the Equity category of HSBC Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for HSBC Small Cap Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹11,549Cr |
| 1Y Returns | 35.8% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 40.07% & 16.45%. The HSBC Infrastructure Fund comes under the Equity category of HSBC Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for HSBC Infrastructure Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹1,856Cr |
| 1Y Returns | 38.2% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 31.02% & 17.17%. The HSBC Value Fund comes under the Equity category of HSBC Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for HSBC Value Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹9,237Cr |
| 1Y Returns | 34.2% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 23.6% & 13.52%. The HSBC Flexi Cap Fund comes under the Equity category of HSBC Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for HSBC Flexi Cap Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹3,534Cr |
| 1Y Returns | 25.2% |
Fund Performance: The HSBC Nifty 50 Index Fund comes under the Other category of HSBC Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for HSBC Nifty 50 Index Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹192Cr |
| 1Y Returns | 16.4% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 21.01% & 12.83%. The HSBC Managed Solutions India Growth Fund comes under the Other category of HSBC Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for HSBC Managed Solutions India Growth Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹38Cr |
| 1Y Returns | 17.1% |
Fund Performance: The HSBC Equity Hybrid Fund comes under the Hybrid category of HSBC Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for HSBC Equity Hybrid Fund is ₹5,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹475Cr |
| 1Y Returns | 1.1% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 10.45% & 9.55%. The HSBC Balanced Advantage Fund comes under the Hybrid category of HSBC Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for HSBC Balanced Advantage Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹1,374Cr |
| 1Y Returns | 14.2% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 8.64% & 8.31%. The HSBC Conservative Hybrid Fund comes under the Hybrid category of HSBC Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for HSBC Conservative Hybrid Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹109Cr |
| 1Y Returns | 10.1% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 5.25% & 5.67%. The HSBC Arbitrage Fund comes under the Hybrid category of HSBC Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for HSBC Arbitrage Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹1,700Cr |
| 1Y Returns | 7.4% |
Fund Performance: The HSBC Ultra Short Duration Fund comes under the Debt category of HSBC Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for HSBC Ultra Short Duration Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹2,752Cr |
| 1Y Returns | 7.2% |
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