HSBC Mutual Fund – Review, Fund Managers, Investment Process, KYC, Fees & more

In India, the HSBC Mutual Fund AMC is the investment branch of HSBC Global. The company mainly deals with portfolio management services and mutual funds.

Back in 2004, the fund was launched. Thanks to its brand name that today, it is famous among a plethora of investors. Additionally, it also has a global presence.

About HSBC Mutual Fund

One of the leading AMCs in the investment market of India is HSBC Mutual funds. It is an arm of HSBC securities and capital market Private limited.

You get an international quality of investment here because it is the 7th largest bank in the globe. Across the country, the fund serves a plethora of investors. 

Through its 1000 offices spread across the country, HSBC serves at least 1 million clients. The total corpus of the fund is Rs.11553.0837 crores. 

Additionally, the fund offers 103 schemes in the branch of debt, equity, and other add on funds. 

In 1886, Sir Thomas Sutherland formed this company. The abbreviation of HSBC is Hong Kong and Shanghai Banking Corporation. 

No doubt the British own it, but it is quite popular in South Asia too. Besides retail and corporate banking, the fund has an unmatchable track record in wealth and asset management.

While entering the mutual funds market in India, HSBC faced stiff competition. It is because the company has a norm of one nation and two systems. 

The company has an empire of 100 million and moreover the globe. Above all, the firm serves both individuals and businesses. 

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How to invest in HSBC mutual fund?

You can follow these steps to invest in HSBC mutual fund:

• Firstly if you want to invest here, you need to collect the application form from the respective centers. You can also visit the website if you don’t want to go physically.
• Then you need to submit a cheque or demand draft. You need to draw the demand draft from a bank that is a member of the Banker’s clearinghouse. The clearing house is located at where the application of the plan is submitted. The bank account of the fund issues the receipt of credit, which then the AMC accepts. 
• You must ensure that all the cheques are encoded with MICR or magnetic ink character recognition. It is ideally essential for people who are investing in the HSBC Cash Fund and HSBC Ultra Short Term Bond Fund.
• Additionally, you need to avoid sending any outstation cash, post-dated cheques, and money orders. It is because they are not acceptable.
• You need to apply as per the minimum amount of the scheme.
• Draw the check or draft in the name of the investor. 
• If there are any discrepancies, the application is not acceptable. 

Online Investment Process

• Firstly you need to login into your existing account.
• Upload the identity proof copy. It can be any proof under the government of India like the PAN card, Voter ID, passport, etc.
• You can select the investment period as per your preference after submitting the documents. 
• As per your risk-taking appetite, you can choose medium term, short term, or long term goals. 
• Lastly, you can choose any fund from the available funds.

Why invest in HSBC AMC?

HSBC mutual funds offer a plethora of benefits, and you must consider investing here. The professionals who provide these funds provide expert advice on investments. 

Additionally, the experts also tend to customize the schemes in HSBC AMC as per the needs of the clients. Through various media, clients can also expect transparency. 

The best part about investing here is that the company aims to build a long-lasting relationship with the clients and make them feel like family. 

Lastly, the company is backed by one of the substantial companies. Above all, when it comes to investing here, you can be stress-free.

HSBC Fund Managers

Here are the list of Top HSBC Fund Managers –

Mr. Ravi Menon

The current active CEO of HSBC asset Management India is Ravi Menon. He has experience of at least 33 years. 

Back in 2018, Mr. Ravi Menon was the best central bank governor in the Asia Pacific. And he is also one of the first regulators to recognize modern markets and make a dedicated fintech group. 

Besides this, he also considers benefits and the latest technology risks. In 1986 he started his career as the manager of ANZ Grindlays Bank.

In 1998 he joined HSBC Bank as the managing director, and in 2009 he was appointed as Chief executive officer.

Besides that, he also looks into the Business development of HSBC asset management.

Neelotpal Sahai

The current head of equities at HSBC AM is Mr. Neelotpal Sahai. He is B.Tech from IT BHU. For the last 15 years, he is working with HSBC. 

In 2006, he started his career in the financial niche by joining as a senior financial analyst in IDFC investment advisors Ltd. 

Currently, he handles an HSBC large-cap equity fund of Rs.744 crore. Besides this, he also manages other equity operations.

Mr. Tushar Pradhan

An expert having a lot of experience in equity research, multi-asset management, investment management, and portfolio management is Mr. Tushar Pradhan. 

Currently, he is the Chief investment officer of HSBC Asset management. Before joining HDFC, he completed his MBA in finance from Hartford university. 

After five years of working in HDFC, he joined as a senior fund manager in HDFC AMC. He is associated with HSBC for more than ten years now. 

You can say he has the most experienced in the financial industry, and he is thriving too.

Mr. Sanjay Shah

Back in 1999, Mr. Sanjay Shah graduated from the Indian Institute of management.

Currently, with HSBC, he works as the head of fixed income. For 20 years now, he has a successful career in investment. 

For the last ten years, he is the head of fixed income. Additionally, he handles all the assets allocation under the fixed payment for HSBC. 

Mr. Aditya Khemani

For the equities section of the HSBC mutual fund, Mr. Aditya Khemani is the acting fund manager. He holds experience of 14 years in the debt and investment niche. 

In 2007, he joined HSBC as the fund manager.  For the past 11 years, he looks into direct equity fund-related investment. 

As the direct tax saver equity fund, he currently handles Rs.173 crore of asset size. Besides equity, he also oversees other options.

How to do a KYC check of the HSBC mutual fund?

KYC is basically a one-time customer check process, and it is compulsory for all investors who plan to invest in this fund. It is mandatory as per SEBI guidelines. 

You need to do your KYC check before investing here if you are investing for the first time. Additionally, you can complete the process at the fund house or any KYC registration agency. 

Furthermore, you can also complete the process online by visiting the official site of the fund.

All you need to do is fill in your personal details with your Aadhar linked mobile number so, with the OTP, you can verify the same. 

Lastly, you can upload the self -attested copies of the documents, including identity proof.

Documents required for HSBC mutual fund:

The list of documents is:

Identity Proof:

• Passport
• Driving License
• Aadhaar Card
• PAN Card

Address Proof:

• Passport
• Recent Utility Bill
• Rental/Lease Agreement
• Aadhar Card
• Driving License

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HSBC Mutual Fund Fees or Charges

From HSBC Asia Pacific (Ex-Japan) Dividend Yield Fund – Growth – Direct Plan to HSBC Global Emerging Markets Fund – Growth – Direct Plan irrespective of the fund type, the minimum investment value is Rs.5000. 

The entry load is not available for any of the funds. But the maximum exit load is 1%.

Best performing HSBC mutual fund

No fund can beat HSBC Managed Solutions India – Moderate as it offers a 13.30% return per annum in terms of returns. But the only pitfall here is that they have only a 2-star rating. 

If you are looking for a higher rating fund, then you can choose HSBC Large Cap Equity Fund having a return of 12.40% as it has a 4-star rating. 

Additionally, if you are planning to take low risk, then HSBC Cash Fund is your best bet.

Being a debt fund, it offers a low return of 4.20%. But if you can take the moderate risk, then you have a plethora of options.

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Top 10 HSBC AMC Funds

No matter what fund you choose, but one thing is for sure that you can expect higher returns with long-term investment. 

If you want to earn significant returns in both three year and five-year plan, then you can invest in HSBC Asia Pacific (Ex-Japan) Dividend Yield Fund – Growth – Direct Plan. 

Additionally, if you want to invest only for one year, then you can invest in HSBC Equity Hybrid Fund – Growth – Direct Plan. It is because here, you can earn returns up to 12.31% per annum.

Best HSBC AMC funds – Portfolio

In terms of the Market value, no fund can beat HSBC Low Duration Fund – Growth – Direct Plan as it has a market value of 18460.03cr. Additionally, it also has an excellent net asset value of 796898.71cr. 

If you are looking for a debt fund, then you can go for HSBC Debit Fund – Growth – Direct Plan. It has a  market value of 4977.56cr. 

HSBC Regular Savings Fund – Growth – Direct Plan is ideal for investors looking forward to regular savings. It has a market value of 4544.84cr.

HSBC Mutual Fund Scheme NAV

If you are looking for the highest paying NAV, then HSBC Cash Fund – Growth – Direct Plan is your best bet. It is because irrespective of 52 weeks high or low, you can expect a range of 2031.22 to 1950.74. 

HSBC Debt Fund – Growth – Direct Plan is ideal for investors looking forward to investing in debt. If you want to invest in dividend yield, then you can choose HSBC Asia Pacific (Ex-Japan) Dividend Yield Fund – Growth – Direct Plan. 

For fixed-term series HSBC Fixed Term Series 130 – Growth – Direct Plan is an excellent option.

HSBC Customer care details

If you have any doubt, you can visit the address of the AMC that is 16, V N Road, Fort, Mumbai – 400 000. You can also call the experts at their official number +91 (22) 66145000.

Fax facility is also available so you can fax on number +91 (22) 40029600. Additionally, you can also drop in a mail 

HSBC – Important Links

HSBC Mutual Fund AMC – Conclusion

When it comes to wealth creation, you can always choose HSBC funds. The company has a vast client base across the globe. 

For its clients, the fund claims to be trusted. Hence if you want to invest here, then you must fill in the KYC details and also give all the documents required.

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