HSBC Mutual Fund

HSBC Asset Management (India) Private Limited (HSBC AMC) is a leading asset management company in India. It is a subsidiary of HSBC Global Asset Management, one of the largest asset managers in the world. The company was established in India in 2000 and offers a wide range of mutual fund schemes catering to the investment needs of various investor segments. These include equity funds, debt funds, hybrid funds and solution-oriented funds. HSBC AMC has a team of experienced investment professionals who use a combination of fundamental and technical analysis to identify potential investments and make informed decisions. The company also has a robust risk management framework in place to ensure that investments are made in a disciplined and well-informed manner. The company also offers various digital platforms for the convenience of its investors, this allows them to easily access their account information, track their investments, and make transactions online. It acquired L&T AMC at USD $425 million in 2022.
Total Asset under Management (AUM) of HSBC AMC is ₹1.1L Cr which is 2.1% of the total AUM managed by 58 other amcs in India. It's AUM rank is 14/43. Total number of schemes are 43 out of which 19 are Equity, 15 are Debt and 9 are hybrid. It's 43 schemes are managed by 15 fund managers.

HSBC Mutual Fund Key Information

Total AUM of HSBC Asset Management(India)Private Ltd
₹111232.6Cr Cr
AUM growth
(between Dec'23 - Jan'24)
+ ₹6.99K Cr
Total Number of Funds by HSBC Asset Management(India)Private Ltd
43
Number of Fund Managers
15

Best HSBC Mutual Funds

  • Equity Funds
  • Debt Funds
  • Hybrid Funds
1Y return
Management Team
Mr. Ravi Menon
CEO
Mr. Tushar Pradhan
Chief Investment Officer
Mr. Sumesh Kumar
Chief Compliance Officer
Top Fund Managers of HSBC Mutual Fund
Venugopal Manghat
Venugopal Manghat is managing 6 funds of HSBC AMC. Total asset under management (AUM) managed by Venugopal Manghat is ₹34362Cr. Below is the list of funds managed by Venugopal Manghat
Funds Managed
Vihang Naik
Cheenu Gupta
Shriram Ramanathan
Kapil Punjabi
HSBC SIP Calculator
Explore Amc

How to Invest in HSBC Mutual Fund

Eligibility:

 

In order to invest in HSBC Mutual Fund schemes you must fulfill either of the following eligibility criteria:

  • Must be Individuals of 18 years and above with having their domicile in India.

     

  • Indian Partnership Firms and Hindu Undivided Family (HUF) must be represented by the Karta.

     

  • Non-Resident Indians (NRIs) or Persons of Indian Origin (PIOs) must have the approval of the Reserve Bank of India (RBI).

     

  • Association of Person (AOP) /Body of Individuals (BOI), Public Sector Undertakings, Body Corporates, and societies, must be authorized as under the Societies Registration Act, 1860

     

  • Religious, charitable, and private trusts, must adhere to the provision of the Income Tax Act, 1961 read with the Income Tax Rules, 1962

     

  • Trustee of private trusts, must have been permitted to contribute to the mutual fund schemes as per their trust deed.

     

    Prerequisite Documentation:

     

  • The applicant must have an existing bank account.

  • The applicant must be KYC Compliant.

  • The applicant’s Savings Bank Account status must be preferably Single or Either/Survivor.

  • The applicant must sign the Account Opening Application Form in case he intends to invest directly through a Bank account.

     

Investing in HSBC Mutual Fund via INDmoney:

Investing in HSBC Mutual Fund schemes through INDmoney is a seamless and cost-effective process designed with you in mind.

 

Here's how you can get started:

 

Step 1: Set Up Your INDmoney Account: To begin, make sure you have an active INDmoney account. If not, download the INDmoney app for a smooth onboarding experience.

 

Step 2: Complete Your KYC: Log in or sign in to your INDmoney account and complete the KYC process. Ensure you have valid documents like your PAN card, Aadhaar card, Voter ID, or driving license handy.

 

Step 3: Link Your Bank Account: Connect your bank account to your INDmoney account for easy transactions.

 

Step 4: Select Your Preferred Mutual Fund Scheme: Browse and choose from a range of HSBC Mutual Fund schemes. INDmoney provides comprehensive tools to help you compare schemes, considering factors like risk-return ratio and past market trends.

 

Step 5: Choose Your Payment Method: Decide whether you want to invest through a Systematic Investment Plan (SIP) or a one-time lump sum amount. Rest assured, INDmoney does not charge you any transaction fees, ensuring a cost-effective investment experience.

 

Step 6: Receive Your Mutual Fund Units: After your investment, you'll be allocated HSBC Mutual Fund units based on your chosen scheme, investment amount, and the Net Asset Value (NAV) at the cut-off time. This typically takes 3-4 working days.

Points to consider before Investing in HSBC Mutual Funds

Before diving into HSBC Mutual Funds, consider these crucial points to make informed investment decisions:

 

Diversification for Optimal Returns: Strike a balance between overly diversified and too-concentrated funds. Look for schemes that promise long-term returns across a wide spectrum of options.

 

Align Investments with Goals, Not Trends: Base your investment choices on your financial goals, not fleeting market trends. Choose a scheme that matches your desired investment duration and financial objectives.

 

Beat Inflation with Returns: Ensure that the chosen plan has the potential to outpace inflation in the future. Some high-return funds might not effectively counter the impact of inflation, considering the time-value of money.

 

Liquidity for Short-Term Gains: If considering short-term investments, opt for plans with high liquidity and easy withdrawal options. Be cautious about funds that come with exit loads, as they could eat into your gains.

 

Assess Risk Tolerance: Evaluate your risk tolerance carefully. Stay vigilant about market fluctuations to avoid potential losses when investing in any HSBC Mutual Fund scheme.

 

Tax-Efficient Investing with ELSS: For those looking to minimize tax liabilities, explore tax-advantaged funds like ELSS mutual funds. These can help you stay clear of higher tax brackets while investing.

 

Additionally, with the simplicity of Systematic Investment Plans (SIPs), you can invest your funds effortlessly at intervals that suit you—be it monthly, quarterly, or annually. Remember to review and adjust your SIP plan in line with your financial commitments and goals. This way, you can navigate the investment landscape, even in volatile market conditions, ensuring your investments stay on track.

Frequently Asked Questions

You can invest in HSBC AMC Ltd in a few simple steps through INDmoney by clicking on the HSBC AMC page and select the most suitable funds from there. You can benefit from in-depth insights that we provide or you can also invest in HSBC AMC Ltd directly by visiting the official website as well.
The HSBC Mutual Fund allows its investors to be able to pause their SIPs for a maximum tenure of 3 months. In case if you have directly invested in the funds, you need to also fill out the SIP pause form online on the host website and also specify the intended time- period you wish to pause your SIPs. On the expiry of the time period, the SIP shall continue automatically
You can calculate the Daily/ Weekly/ Monthly/ Quarterly SIP Amount for all HSBC Mutual Funds using INDMoney’s HSBC SIP Calculator
You can directly withdraw the amount invested in any scheme of HSBC Investment Managers (India) Private Limited Limited through the INDmoney app by visiting the scheme's page and clicking on the Redeem button. After submitting the request, the amount will be credited to your bank account within a few days. If you prefer the offline mode, you would have to visit the nearest branch and submit the redemption form. You can also redeem your investment by going to the official website of the HSBC Investment Managers (India) Private Limited Limited and signing in with the folio number.
You can increase the SIP amount by choosing the step-up option available for each scheme. A step-up or top-up SIP option automatically increases the SIP amount by a predetermined sum in a given period. Or you could choose to increase the SIP amount by following the given steps below: 1. Login 2. Go to Investments 3. Go to my mutual funds 4. Select a fund 5. Invest More