HSBC Mutual Fund
HSBC Asset Management(India) Private Limited was floated as a joint venture company between HSBC Global Asset Management Limited, a wholly-owned subsidiary of the HSBC Group, and ICICI Prudential Mutual Fund Limited, a wholly-owned subsidiary of ICICI Prudential Life Insurance Company Limited.
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- HSBC Mutual Fund
Founded- 27 May 2002
Incorporated- 12 December 2001
Sponsors- HSBC Securities and Capital Markets (India) Private Limited
Trustee- 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
Top 10 HSBC Mutual Fund Schemes –
HSBC Mutual Fund – Top Fund Managers
Mr Ravi Menon
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.
Mr Neelotpal Sahai
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.
Mr Tushar Pradhan
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!
Mr Sanjay Shah
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.
Frequently Asked Questions About HSBC Mutual Fund
1. How to Invest in HSBC Mutual Funds Using 5paisa?
-Investing in HSBC mutual funds is more seamless than one would think. The entire process happens online through a series of easy-to-follow steps. This is one of the reasons why it continues to be the leading mutual fund in India.
Step 1. Sign up or Log-in into your existing 5Paisa account.
Step 2. You will have to upload copies of your identity proof for investment. This could be your Voter ID, PAN Card, passport, Aadhaar, and so on.
Step 3. Complete the KYC Process
Step 4. Select your preferred investment method and your risk investment plan.
Step 5. Pick HSBC mutual funds from the option and start the investment process.
2. 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.
3. 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.