HSBC Asset Management(India) Private Ltd. is a foreign portfolio investor registered with SEBI for the purpose of investing in the debt and money market instruments in India. The company is also registered with SEBI as a Collective Investment Scheme, which enables the company to offer other products to investors. HSBC AM(India) is headquartered in Mumbai, India, with registered offices in Mumbai, India.
It commenced operations in India in August 2007. The Asset Management Company (AMC) is a joint venture between HSBC Global Asset Management Limited and ICICI Prudential Life Insurance Company Limited. HSBC Global Asset Management Limited holds a 50% stake, and ICICI Prudential holds a 50% stake.
HSBC is a brand that is synonymous with wealth management. The company has been in the business for over 150 years and is an industry leader in multiple financial services. Their services include wealth management, retail banking, commercial banking, insurance, and general banking solutions. Their services include wealth management, retail banking, commercial banking, insurance, and general banking solutions. The company has high net worth individuals and medium enterprises as its clients.
Mutual Fund Key Information
- Mutual fund
- HSBC Mutual Fund
- 27 May 2002
- 12 December 2001
- HSBC Securities and Capital Markets (India) Private Limited
- Board of Trustees, HSBC Mutual Fund
- MD and CEO
- Mr Ravi Menon
- Mr Tushar Pradhan
- Compliance Officer
- Mr Sumesh Kumar
- Standard Chartered Bank
HSBC Mutual Fund Managers
Ravi Menon - CEO, Managing Director, and Head of Global Markets
Ravi Menon, the CEO, Managing Director, and Head of Global Markets at HSBC India, has been awarded the Asset Management Company of the year. He is a seasoned professional who has gained experience over the years and has a great understanding of his clients’ needs.
Menon has been closely involved with the company’s operations in India, which started in the year 1994. He was instrumental in setting up the company’s investment banking arm, HSBC Securities and Capital Markets (India) Pvt. Ltd. He was also associated with the company’s global efforts to develop a greater presence in the asset management field, both in developed and emerging markets.
Neelotpal Sahai - Fund Manager
Mr Neelotpal Sahai, a top fund manager at HSBC Asset Management India, is known for creating a new asset class of debt opportunistic income funds. This means he is driven to seek out bonds and income-producing instruments with high coupon rates, which he aims to convert into higher yields.
This is in a market where the average income fund returns around 6.25% per annum, but Mr Sahai’s flagship fund, HSBC India Income Fund (G), has generated a compounded annual growth rate of over 15% since its launch in 1999. Mr Sahai is a Chartered Accountant by education and has over 18 years of experience in the financial services industry, having worked with HSBC since 1991.
Tushar Pradhan - Fund Manager
Tushar Pradhan is the top fund manager in HSBC Asset Management India. He consistently beats the benchmark and has delivered remarkable returns in the market. He is not only an amazing investor but also a great leader.
He is a part of several charity organizations and is a great human being. If you want to learn about investing, you can request an appointment with him, and he will take your calls!
Sanjay Shah - Fund Manager
Mr Sanjay Shah has been the top fund manager for HSBC Asset Management India since 2006. He has earned his acclaim by creating the best-performing funds in the country of India.
He is known for performing well during times of economic turmoil and has a history of delivering positive returns. He has a great track record of accurately predicting what the market is going to do, and relying on his experience and intuition has allowed him to deliver double-digit returns year after year.
Ankur Arora - Fund Manager
Mr Arora holds a B.Com (H) degree from Guru Nanak Dev University and a PGDM in Management from IIM. He formerly worked with IDFC AMC, ING Investment Management (India) Pvt. Ltd., Macquarie Capital Securities, Evalueserve Pvt. Ltd., and UTI Asset Management Co. Pvt Ltd. before joining HSBC Mutual Fund.
Gautam Bhupal - Fund Manager
Mr Bhupal has a PGDBM, a CA, CS, and a B.Com (Hons). Before joining HSBC Mutual Fund, he formerly worked with IDFC Asset Management Company Ltd., Motilal Oswal Securities Ltd., Infosys Ltd., Vickers Ballas Securities Ltd., SBC Warburg, and UTI Securities Ltd.
B. Aswin Kumar - Fund Manager
Mr Aswin Kumar holds a PGDM from the IIM in Lucknow and a B.Tech from the IIT in Madras. Before joining HSBC, he had worked as a Manager at Ratings at CRISIL Ltd.
Kapil Punjabi - Fixed income - VP & Fund Manager
Kapil Punjabi is the Vice President and Fixed Income Fund Manager of HSBC Asset Management (India). He has over 13 years of expertise and has excelled at comprehending financial market intricacies.
Kapil worked at Taurus Mutual Fund, Edelweiss Mutual Fund, and Transmarket Group before joining HSBC (India). His technical expertise and commercial experience have enabled him to make sound strategic decisions.
Anitha Rangan - Fixed income - Vice President and Credit Analyst
Anitha Rangan is a Vice President and Credit Analyst of Fixed Incomes at HSBC Asset Management (India) Pvt. Ltd. She has over 12 years of expertise in the area. She has previously worked with Lehman Brothers, Nomura, and Crisil. Anitha conducts an in-depth economic analysis of the local bond markets to develop effective portfolio deductions.
Frequently Asked Questions
What is the function of fund managers?
Fund managers are responsible for keeping correct accounting records for investment funds. They are also involved in the implementation of investment plans and the management of the trading activity. This high-profile financial services position is most frequently accessible in private equity firms.
When should I withdraw from a mutual fund?
Suppose an equity scheme has consistently underperformed its peers for three years or more. In that case, you should consider abandoning the scheme and transferring your investment to a similar fund with an established track record.
Is it safe to invest in mutual funds long-term?
Mutual funds are excellent for long-term financial goals and should be invested for at least five years. Short-term volatility should not concern investors. If your investment yields negative returns in the short term, don’t panic; instead, maintain investing because you can buy more units at the same price.
What happens when a mutual fund matures?
You must redeem your units through the same account if you purchased the mutual funds through a Demat or trading account. When the process is finished, an electronic payout (NEFT or IMPS) will be made against the redemption request.
What Are the Different Types of HSBC Mutual Funds?
The HSBC Mutual Funds Series is a set of different accounts that have distinct characteristics intended to benefit different types of investors. HSBC offers a Global Fund and a Value Fund for investors who have indicated a high-risk tolerance in the past. There is a Balanced Account for investors who have shown a medium risk tolerance in the past.
There’s no fund for investors who have indicated a low-risk tolerance. The Growth Fund and the Conservative Fund are set up to be the best investment options for most investors in the market today. The Growth Fund is geared toward those who have shown a high-risk tolerance in the past, and the Conservative Fund is geared toward those who have shown a low-risk tolerance.
Is a mutual fund preferable to a savings account?
While mutual funds carry more risks than savings accounts, the returns are significantly greater and work well for long-term goals such as purchasing your dream home, supporting your children’s school, saving for retirement, etc.
Can mutual funds go zero?
Theoretically, a mutual fund could lose its whole value if all of its investments fell to zero, but this is improbable. On the other hand, mutual funds can lose value since they are meant to take certain risks or target specific markets.
Can I withdraw my entire investment from a mutual fund at any time?
Most mutual funds are liquid investments which can be withdrawn anytime. Some funds, on the other hand, have a term of lock-in. One such scheme is the Equity Linked Savings Scheme (ELSS), which has a 3-year maturity period.
Is HSBC a Good Investment?
HSBC mutual funds are solid and safe investments that can help you gain money and build wealth. But are you familiar with all of the types of HSBC mutual funds? There are several types of HSBC Mutual Funds. The HSBC India Opportunities Fund is an equity fund that invests in large-cap and mid-cap stocks. The HSBC Conservative Hybrid Fund invests in low-growth stocks for long-term gains. The HSBC Stable Return Fund and HSBC Balanced Advantage are bond funds to provide stability to the portfolio.