HSBC Mutual Fund AMC (India) Private Limited manages the mutual fund schemes of HSBC, which is present in the Indian Mutual Fund industry since 2001. It is a prominent part of HSBC Retail Banking and Wealth Management, a part of HSBC Holdings plc.
HSBC Asset Management (India) Pvt. Ltd. is the HSBC Mutual Fund’s investment manager in India and is also a division of Hong Kong Shanghai Banking Corporation – Retail Banking and Wealth Management, which is also the asset management division of HSBC Holdings plc.
HSBC Holdings plc is a British multinational banking and financial services holding company. The fund house of HSBC Asset Management has grown to become one of the leading AMCs in India. HSBC is the largest bank in Europe and the 7ᵗʰ largest bank in the world, with total assets of US$2.374 trillion.
As of November 2020, 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. 11553.0387 Crore as of 2019 and offers 103 different types of schemes under three types of options, equity, debt, and product add-on funds.
HSBC Asset Management as of 31 December 2020 has a presence in 25 countries and territories, with USD 612 bn under management, around 600 investment professionals, and 150-plus years of serving financial markets
Ravi Menon plans to take HSBC India AMC to great heights being the Chief Executive Officer of HSBC India Asset Management Company. He doesn’t believe in taking undue risks to generate returns and follows a conservative investment stance.
This firm comprises more than 600 expert investment professionals and more than 2,300 employees working across 26 countries worldwide.
Features of HSBC Mutual Fund AMC
- The mutual company focuses on clarity, discipline, and diligent governance of investments.
- The company believes in maintaining successful client relationships, connecting clients with opportunities, and making customers realize the benefits they can derive from the HSBC group.
- It provides expertise that leads to wealth creation and protection of assets.
- The company emphasizes a disciplined investment approach and a long-term commitment which has helped the organization generate a large client base across the globe.
- It has proved to be a trusted asset manager for its clients.
- HSBC Mutual Fund AMC has incorporated financial analysis to promote responsible investing along with ESG – Environmental Social Governance analysis
- The AMC offers a myriad of investment solutions across equity, debt, and money market, fixed income, liquid, SIP option, and multi-asset categories in these mutual fund schemes.
Important Information about HSBC Mutual Fund
| Particulars | Details |
| CEO and MD | Mr. Ravi Menon |
| CIO | Mr. Tushar Pradhan |
| Auditors | HSBC Asset Mgmt. (I) Pt. Ltd – BSR & Co., HSBC MF – Price Waterhouse HSBC Mutual Fund – B.S.R. & Co |
| Investor Relations Officer | Rheitu Bansal |
| Compliance Officer | Mr. Sumesh Kumar |
| Registrar and Transfer Agent | Computer Age Management Services (P) Ltd. |
| Custodian | Standard Chartered Bank |
| Head Office | Mumbai |
| Total Number of schemes | 38 |
| Sponsor | HSBC Securities and Capital Markets (India) Private Limited |
| Trustee | Board of Trustees, HSBC Mutual Fund |
| Set-Up | May-27-2002 |
| Incorporated | Dec-12-2001 |
| Address | Head Office, The Hongkong, and Shanghai Banking Corp. Ltd.16, V. N. Road, Fort, Mumbai:400001 |
| HSBC mutual fund customer care number | 022-66145000 / 66668819, 022-40029600 (Fax) |
| HSBC mutual fund toll-free number | 1800-200-2434 |
| hsbcmf@camsonline.com | |
| Website | www.assetmanagement.hsbc.com/in |
Top 10 performing HSBC Mutual Fund schemes
Some of the best HSBC India mutual fund schemes are available on EduFund. HSBC has mutual funds in almost all categories permitted by the Securities and Exchange Board of India or SEBI.
The investor can choose the right investment after thorough research on the available plans of investment.
1. HSBC Large Cap Equity Fund Direct-Growth (Category – Equity: Large Cap)
The scheme seeks to generate long-term capital growth from a diversified portfolio of equity and equity-related securities of predominantly large-cap companies.
HSBC Large Cap Equity Fund Direct-Growth, with a NAV of 285.2982 (Regular Growth) (as of 30th April 2021), is the top-performing fund in the ‘Equity: Large Cap‘ category.
This open-end fund has the benchmark NIFTY 50 Total Return Index which was launched on 01 Jan 2013 and has given trailing returns of 50.64% in the last year, and 36.15% in the last 3 years (as of 30th April 2021).
Key information
| Minimum Investment | INR 1,000 |
| Minimum SIP Investment | INR 1000 |
| Exit Load | Exit load of 1% if redeemed within 1 year |
| Return Since Inception (01 Jan 2013): | 164.18% (as of 30th April 2021) |
| Assets | INR 700.54 Crore (as of 30th April 2021) |
| Expense Ratio | 1.53% (as of 31st March 2021) |
2. HSBC Flexi Debt Fund Direct-Growth (Category – Debt: Dynamic Bond)
The scheme seeks to deliver returns in the form of interest income and capital gains, along with high liquidity, commensurate with the current view on the markets and the interest rate cycle, through active investment in debt and money market instruments.
HSBC Flexi Debt Fund Direct-Growth, with a NAV of 30.1568 (Direct-Growth) (as of 30th April 2021), is the top-performing fund in the Debt category.
This open-end fund has the benchmark CRISIL Composite Bond Total Return Index which was launched on 01 Jan 2013 and has given trailing returns of 5.99% in the last year, and 28.79% in the last 3 years (as of 30th April 2021).
Key information
| Minimum Investment | INR 1,000 |
| Minimum SIP Investment | INR 1000 |
| Exit Load | No charges on withdrawal |
| Return Since Inception (01 Jan 2013): | 87.45% (as of 30th April 2021) |
| Assets | INR 61.66 Crore (as of 30th April 2021) |
| Expense Ratio | 0.95% (as of 31st March 2021) |
3. HSBC Regular Savings Fund Direct-Growth (Category – Hybrid: Conservative Hybrid)
The scheme seeks to generate reasonable returns through investments in debt and money market instruments. It would also invest in equity and equity-related instruments to seek capital appreciation, but this allocation shall not exceed 25 percent.
HSBC Regular Savings Fund Direct-Growth, with a NAV of 46.0330 (Direct-Growth) (as of 30th April 2021), is the top-performing fund in the Hybrid category.
This open-end fund has the benchmark CRISIL Hybrid 85+15 Conservative Total Return Index which was launched on 01 Jan 2013 and has given trailing returns of 16.68% in the last year, and 28.22% in the last 3 years (as of 30th April 2021).
Key information
| Minimum Investment | INR 1,000 |
| Minimum SIP Investment | INR 1000 |
| Exit Load | Exit load of 1% if redeemed within 1 year |
| Return Since Inception (01 Jan 2013): | 102.73% (as of 30th April 2021) |
| Assets | INR 81.25 Crore (as of 30th April 2021) |
| Expense Ratio | 0.71% (as of 31st March 2021) |
4. HSBC Managed Solutions India Growth Fund Direct-Growth (Category – Hybrid: Aggressive Hybrid)
The scheme seeks to provide a long-term total return primarily by seeking capital appreciation through an active asset allocation with diversification commensurate with the risk profile of investments by investing predominantly in units of equity mutual funds as well as in a basket of debt mutual funds, gold ETFs and other ETFs, offshore mutual funds and money market instruments.
HSBC Managed Solutions India Growth Fund Direct-Growth, with a NAV of 23.4304 (Direct-Growth) (as of 30th April 2021).
This open-end fund has the benchmark CRISIL Composite Bond Total Return Index which was launched on 30 Apr 2014 and has given trailing returns of 49.21% in the last year, and 27.61% in the last 3 years (as of 30th April 2021).
Key information
| Minimum Investment | INR 1,000 |
| Minimum SIP Investment | INR 1000 |
| Exit Load | Exit load of 1% if redeemed within 1 year |
| Return Since Inception (30 Apr 2014): | 134.30% (as of 30th April 2021) |
| Assets | INR 40.30 Crore (as of 30th April 2021) |
| Expense Ratio | 1.46% (as of 31st March 2021) |
5. HSBC Managed Solutions India Conservative Fund Direct-Growth (Category – Hybrid: Conservative Hybrid)
The scheme seeks to provide a long-term total return primarily by seeking capital appreciation through an active asset allocation with diversification commensurate with the risk profile of investments by investing predominantly in units of equity mutual funds as well as in a basket of debt mutual funds, gold ETFs and other ETFs, offshore mutual funds and money market instruments.
HSBC Managed Solutions India Conservative Fund Direct-Growth, with a NAV of 17.2966 (Direct-Growth) (as of 30th April 2021).
This open-end fund has the benchmark CRISIL Composite Bond Total Return Index which was launched on 30 Apr 2014 and has given trailing returns of 9.58% in the last year, and 23.28% in the last 3 years (as of 30th April 2021).
Key information
| Minimum Investment | INR 1,000 |
| Minimum SIP Investment | INR 1000 |
| Exit Load | Exit load of 1% if redeemed within 1 year |
| Return Since Inception (30 Apr 2014): | 72.97% (as of 30th April 2021) |
| Assets | INR 49.71 Crore (as of 30th April 2021) |
| Expense Ratio | 0.82% (as of 31st March 2021) |
6. HSBC Managed Solutions India Growth Fund Direct- IDCW (Hybrid: Aggressive Hybrid)
The scheme seeks to provide a long-term total return primarily by seeking capital appreciation through an active asset allocation with diversification commensurate with the risk profile of investments by investing predominantly in units of equity mutual funds as well as in a basket of debt mutual funds, gold ETFs and other ETFs, offshore mutual funds and money market instruments.
HSBC Managed Solutions India Growth Fund Direct- IDCW, with a NAV of 23.4304 (as of 30th April 2021). This open-end fund has the benchmark CRISIL Composite Bond Total Return Index which was launched on 30 Apr 2014 and has given trailing returns of 49.21% in the last year, and 27.61% in the last 3 years (as of 30th April 2021).
Key information
| Minimum Investment | INR 1,000 |
| Minimum SIP Investment | INR 1000 |
| Exit Load | Exit load of 1% if redeemed within 1 year |
| Return Since Inception (30 Apr 2014): | 87.45% (as of 30th April 2021) |
| Assets | INR 40.30 Crore (as of 30th April 2021) |
| Expense Ratio | 1.46% (as of 31st March 2021) |
7. HSBC Tax Saver Equity Fund Direct-Growth (Equity: ELSS)
The scheme aims to provide long-term capital appreciation by investing in a diversified portfolio of equity & equity-related instruments of companies across various sectors and industries, with no capitalization bias.
HSBC Tax Saver Equity Fund Direct-Growth, with a NAV of 48.5835 (as of 30th April 2021). This open-end fund has the benchmark S&P BSE 200 Total Return Index which was launched on 01 Jan 2013 and has given trailing returns of 53.82% in the last year, and 23.81% in the last 3 years (as of 30th April 2021).
Key information
| Minimum Investment | INR 500 |
| Minimum SIP Investment | INR 500 |
| Exit Load | No charges on withdrawal |
| Return Since Inception (01 Jan 2013): | 184.14% (as of 30th April 2021) |
| Assets | INR 169.44 Crore (as of 30th April 2021) |
| Expense Ratio | 1.26% (as on 31st March 2021) |
8. HSBC Tax Saver Equity Fund Direct-IDCW (Equity: ELSS)
The scheme aims to provide long-term capital appreciation by investing in a diversified portfolio of equity & equity-related instruments of companies across various sectors and industries, with no capitalization bias.
HSBC Tax Saver Equity Fund Direct-IDCW, with a NAV of 23.5994 (as of 30th April 2021). This open-end fund has the benchmark S&P BSE 200 Total Return Index which was launched on 01 Jan 2013 and has given trailing returns of 53.82% in the last year, and 23.81% in the last 3 years (as of 30th April 2021).
Key information
| Minimum Investment | INR 500 |
| Minimum SIP Investment | INR 500 |
| Exit Load | No charges on withdrawal |
| Return Since Inception (01 Jan 2013): | 184.14% (as of 30th April 2021) |
| Assets | INR 169.44 Crore (as of 30th April 2021) |
| Expense Ratio | 1.26% (as of 31st March 2021) |
9. HSBC Overnight Fund Direct-Growth (Category – Debt: Overnight)
The scheme seeks to offer reasonable returns commensurate with low risk and a high degree of liquidity through investments in overnight securities.
HSBC Overnight Fund Direct-Growth, with a NAV of 1078.9044 (Direct-Growth) (as of 30th April 2021). This open-end fund has the benchmark CRISIL Overnight Index which was launched on 22 May 2019 and has given trailing returns of 3.13% in the last year (as of 30th April 2021).
Key information
| Minimum Investment | INR 500 |
| Minimum SIP Investment | INR 500 |
| Exit Load | No charges on withdrawal |
| Return Since Inception (22 May 2019): | 7.87% (as of 30th April 2021) |
| Assets | INR 354.48 Crore (as of 30th April 2021) |
| Expense Ratio | 0.11% (as of 31st March 2021) |
10. HSBC Low Duration Fund Direct-Growth (Category – Debt: Low Duration)
The scheme seeks to provide liquidity and reasonable returns by investing primarily in a mix of debt and money market instruments such that the Macaulay duration of the portfolio is between 6 months to 12 months.
HSBC Low Duration Fund Direct-Growth, with a NAV of 17.3003 (as of 30th April 2021). This open-end fund has the benchmark CRISIL Low Duration Debt Index which was launched on 01 Jan 2013 and has given trailing returns of 3.85% in the last year, and 8.94% in the last 3 years (as of 30th April 2021).
Key information
| Minimum Investment | INR 1000 |
| Minimum SIP Investment | INR 1000 |
| Exit Load | No charges on withdrawal |
| Return Since Inception (01 Jan 2013): | 66.75% (as of 30th April 2021) |
| Assets | INR 114.54 Crore (as of 30th April 2021) |
| Expense Ratio | 0.20% (as of 31st March 2021) |
List of HSBC Mutual Fund in India
| Fund Name | Category | Risk Level | 1 Year Return | Rating | Fund Size (Cr) |
|---|---|---|---|---|---|
| HSBC Large Cap Equity Fund | Equity | High | 12.5% | 4 Stars | 500 |
| HSBC Focused Equity Fund | Equity | High | 15.3% | 4 Stars | 300 |
| HSBC Mid Cap Fund | Equity | High | 18.2% | 3 Stars | 250 |
| HSBC Small Cap Fund | Equity | High | 20.1% | 4 Stars | 200 |
| HSBC Value Fund | Equity | High | 10.8% | 3 Stars | 150 |
| HSBC Flexi Cap Fund | Equity | High | 13.6% | 3 Stars | 350 |
| HSBC ESG Fund | Equity | Moderate | 11.9% | 4 Stars | 100 |
| HSBC Short Duration Fund | Debt | Moderate | 7.2% | 3 Stars | 400 |
| HSBC Corporate Bond Fund | Debt | Low | 6.5% | 4 Stars | 450 |
| HSBC Low Duration Fund | Debt | Low | 6.0% | 3 Stars | 200 |
| HSBC Ultra Short Duration Fund | Debt | Low | 5.8% | 4 Stars | 250 |
| HSBC Floating Rate Fund | Debt | Low | 5.6% | 3 Stars | 150 |
| HSBC Liquid Fund | Debt | Low | 4.5% | 5 Stars | 1000 |
| HSBC Overnight Fund | Debt | Very Low | 4.0% | 4 Stars | 300 |
| HSBC Savings Fund | Debt | Moderate | 5.9% | 3 Stars | 350 |
| HSBC Dynamic Bond Fund | Debt | Moderate | 7.0% | 3 Stars | 200 |
| HSBC Balanced Advantage Fund | Hybrid | Moderate | 10.0% | 4 Stars | 500 |
| HSBC Equity Hybrid Fund | Hybrid | High | 12.2% | 3 Stars | 400 |
| HSBC Regular Savings Fund | Hybrid | Moderate | 9.5% | 4 Stars | 250 |
| HSBC Nifty 50 Index Fund | Index | High | 13.0% | 4 Stars | 200 |
| HSBC Nifty Next 50 Index Fund | Index | High | 14.8% | 3 Stars | 150 |
| HSBC Infrastructure Equity Fund | Sectoral/Thematic | High | 17.2% | 3 Stars | 100 |
| HSBC Healthcare Equity Fund | Sectoral/Thematic | High | 16.5% | 4 Stars | 50 |
| HSBC Technology Equity Fund | Sectoral/Thematic | High | 19.0% | 4 Stars | 75 |
| HSBC Global Equity Climate Change Fund of Fund | International/Global | High | 12.3% | 3 Stars | 60 |
| HSBC Brazil Fund of Fund | International/Global | Very High | 8.5% | 3 Stars | 30 |
| HSBC Nifty 50 ETF | ETF | High | 13.0% | 4 Stars | 500 |
| HSBC Gold ETF | ETF | Moderate | 9.0% | 4 Stars | 100 |
| HSBC Retirement Savings Fund – Conservative Plan | Solution Oriented | Low | 7.5% | 4 Stars | 50 |
| HSBC Retirement Savings Fund – Moderate Plan | Solution Oriented | Moderate | 9.5% | 4 Stars | 75 |
| HSBC Retirement Savings Fund – Aggressive Plan | Solution Oriented | High | 12.0% | 3 Stars | 100 |
| HSBC Global Emerging Markets Fund of Fund | Fund of Funds | High | 11.2% | 3 Stars | 80 |
| HSBC Managed Solutions India – Growth | Fund of Funds | High | 10.0% | 4 Stars | 90 |
| HSBC Managed Solutions India – Moderate | Fund of Funds | Moderate | 8.0% | 4 Stars | 70 |
How can you invest in HSBC Mutual via EduFund?
It is a simple, convenient, and easy process through HSBC mutual fund login using EduFund to invest in some of the most profitable HSBC Mutual Fund Schemes, which involves a hassle-free process. You can invest in HSBC Mutual Funds by following the below steps:
Step 1 – The investor can visit any of the local branches of HSBC Mutual Funds or visit the official website or log in using EduFund.
Step 2 – He should then download or collect the application form from the designated centers and duly fill it out, attaching relevant documents.
Step 3 – The investor further needs to make a payment by submitting a cheque or demand draft, or he can make an online payment towards the fund.
Step 4 – If the investor is investing in HSBC Cash Fund or HSBC Ultra Short Term Bond Fund, he must submit the cheque encoded with MICR.
Step 5 – The minimum amount needs to be paid along with the application, as mentioned in the scheme document.
Step 6 – The application form needs to be submitted along with the relevant documents (downloaded in case of online purchase of mutual funds)
Step 7 – In case of online submission, the investor needs to upload an e-copy of the cheque on the website.
The application will be rejected if any discrepancies are found in any of the steps mentioned above.
A Folio Number, along with a PIN will be generated, after which the investors can redeem, purchase, or modify schemes on the official website or through EduFund.
Documents required for HSBC Mutual Funds
- Application form
- KYC details
- Bank Details
- Cheque/demand draft or online payment is drawn in the name of the respective scheme.
- Bank details
- e-copy of the cheque
Using the HSBC Mutual Fund Calculator
Investments in HSBC Mutual Funds are made to meet long-term goals like Retirement, Children’s Education or marriage, buying a house, etc.
HSBC Mutual Fund Calculator helps the investor assess the amount of his present savings and shows how the savings amount can grow over a period.
To use the HSBC Mutual Fund Calculator, the investor needs to input data like age, current income, expected rate of returns, etc.
Leading fund managers at HSBC Mutual Fund
The HSBC Mutual Fund Investment experts provide professional assistance within the Finance Sector with appropriate qualifications and knowledge of investment. Some of the most diligent and renowned Fund Managers at HSBC Mutual Fund are:
1. Mr. Neelotpal Sahai
He is a fund manager at HSBC AMC and has experience of more than 15 years in the financial market. He is currently the head of equities helping in an array of Equity Funds. He has done his PGDM from IIM and is a B.Tech from IT BHU.
2. Mr. Sanjay Shah
He is the head of fixed income at HSBC AMC and has experience of more than 20 years in the financial market. He started his career as the Chief Manager at SBI Mutual Funds. He is an alumnus of IIM Ahmedabad.
3. Mr. Kapil Punjabi
He is the Vice President & Fund Manager for Fixed Income at HSBC AMC with more than 13 years of experience.
He has also worked with Edelweiss Mutual Fund, Taurus Mutual Fund, and Transmarket Group in India. He has expertise in technical knowledge and market understanding.
4. Mr. Tushar Pradhan
He is the CIO at HSBC AMC and is an expert in Investment Management, Portfolio Management, Equity Research, and Multi-Asset Management.
He has done his MBA in Finance from the University of Hartford. He has experience working with HDFC Limited as a Manager of Treasury.
5. Ms. Anitha Rangan.
She is the Vice President and Credit Analyst of Fixed Incomes at HSBC Asset Management (India) Pvt. Ltd. He has more than 12 years of experience and has worked with giants like Nomura, Lehman Brothers, and Crisil.
Anitha is apt at performing deep economic analysis on the local bond markets to arrive at the best portfolio deductions.
Other popular Fund managers at HSBC AMC
The following are some other fund managers for HSBC Mutual Funds:
- Mr. Dhiraj Sachdev
- Mr. Piyush Harlalka
- Mr. Amaresh Mishra
- Mr. Aditya Khemani
- Mr. Gautam Bhupal
- Mr. Aditya Khemani
Why should you invest in HSBC Mutual Fund?
HSBC Mutual funds come with several features and benefits in the world of investment, and the following are the reasons why an individual should invest in HSBC Mutual Funds using EduFund:
- They aim at providing customized investment solutions and offer expert advice on investments to investors.
- They aim at building lasting relationships and developing new market strategies offering transparency through media.
- They are strongly backed by the HSBC Group encompassing a global investment potential.
- They have an efficient management team, its in-house sponsor, HSBC Securities, and Capital Markets India Pvt. Ltd offers a piece of complete information about the annual financial results and has a myriad of products catering to every investor.
Select EduFund for investing in HSBC Mutual Fund
EduFund makes the process of investing in HSBC mutual funds convenient. EduFund’s experienced consultants give you customized solutions for all your financial goals.
You can start investing from a lowly INR 5,000 and grow your capital comfortably.
With EduFund, you get the following benefits:
- Customized Research-Based Financial Plan – EduFund’s scientific fund tracker screens over 1 lakh data points and 400 financial scenarios to recommend you the best mutual funds.
- Customer-Friendly Counsellors Help You Create a Financial Plan – EduFund’s counselors are trained to handle all kinds of queries from customers. They spend as much time with you as you need and resolve all your issues to help you create a robust financial plan.
- Invest Less, Earn More – Not only the best Indian mutual funds, but EduFund also offers you the facility to invest in US Dollar ETFs and international mutual funds.
- Use Free Tools – EduFund offers various free tools for its customers, including College Savings Calculator, SIP calculator, etc.
- No Technical Expertise Required – You do not need to be an expert in finance to understand which mutual fund is the best for you. EduFund does it for you.
- Value-Added Benefits – You may get value-added benefits like no commission, free advisory, and nil-hidden charges.
- Secure Transactions – EduFund is RIA-registered and uses top-class 128-SSL security to enable safe transactions.
- Special Support for Children’s Education – EduFund has a dedicated team of experts who help you fulfill your children’s educational goals.
FAQs
What are some of the top HSBC Mutual Fund schemes to invest in?
Here are some of the top-performing HSBC Mutual Funds that you can explore – HSBC Large Cap Equity Fund Direct-Growth (Category – Equity: Large Cap), HSBC Flexi Debt Fund Direct-Growth (Category – Debt: Dynamic Bond), HSBC Regular Savings Fund Direct-Growth (Category – Hybrid: Conservative Hybrid), etc.
What documents are required to invest in HSBC Mutual Funds?
The documents you must be able to produce for investing in HSBC Mutual Funds are –
An application form, KYC details, Bank Details, a cheque/demand draft, or online payment is drawn in the name of the respective scheme, bank details, and e-copy of the cheque.
