HSBC Mutual Fund schemes
Every live fund HSBC Mutual Fund runs. Returns are for the plan each fund's page leads with, Direct where the fund has one; 3 and 5 year returns are a year, compounded.
- Assets managedAssets managed. The average money in the house's funds over the quarter, added up across its funds. Money its own funds of funds hold in its other funds is counted once.
- ₹1,56,995 CrAverage, quarter to Sep 2026
- Live funds
- 45
- Fund managers
- 18
Equity funds
14 funds
- HSBC Small Cap FundSmall CapNAV₹93.91691Y+3.16%3Y+12.17%5Y+14.95%Size₹18,453 CrCost0.78%
- HSBC Midcap FundMid CapNAV₹501.25551Y+10.07%3Y+21.71%5Y+16.85%Size₹16,299 CrCost1.11%
- HSBC Value FundValueNAV₹120.15171Y−5.08%3Y+14.30%5Y+13.21%Size₹15,096 CrCost0.88%
- HSBC Multi Cap FundMulti CapNAV₹19.81761Y−0.25%3Y+16.36%5Y–Size₹6,264 CrCost0.79%
- HSBC Flexi Cap FundFlexi CapNAV₹247.58031Y−2.14%3Y+14.82%5Y+11.11%Size₹5,806 CrCost1.30%
- HSBC Large & Mid Cap FundLarge & Mid CapNAV₹31.26211Y+2.78%3Y+16.75%5Y+12.77%Size₹5,668 CrCost1.34%
- HSBC ELSS Tax saver FundELSSNAV₹146.44501Y−3.04%3Y+15.21%5Y+11.50%Size₹4,126 CrCost1.21%
- HSBC Infrastructure FundSectoral / ThematicNAV₹53.65201Y+0.96%3Y+14.89%5Y+15.58%Size₹2,416 CrCost1.12%
- HSBC Large Cap FundLarge CapNAV₹509.63571Y−6.16%3Y+10.14%5Y+7.48%Size₹1,826 CrCost1.41%
- HSBC Focused FundFocusedNAV₹27.52901Y−0.44%3Y+13.28%5Y+10.03%Size₹1,787 CrCost1.08%
- HSBC Consumption FundSectoral / ThematicNAV₹14.88661Y−4.74%3Y+13.96%5Y–Size₹1,769 CrCost0.89%
- HSBC India Export Opportunities FundSectoral / ThematicNAV₹11.57181Y+14.13%3Y–5Y–Size₹1,269 CrCost1.05%
- HSBC Business Cycles FundSectoral / ThematicNAV₹45.44541Y−4.93%3Y+15.00%5Y+12.82%Size₹1,200 CrCost1.15%
- HSBC Financial Services FundSectoral / ThematicNAV₹11.68721Y−3.35%3Y–5Y–Size₹941 CrCost0.98%
Hybrid funds
6 funds
- HSBC Aggressive Hybrid FundAggressive HybridNAV₹65.37401Y−0.75%3Y+12.61%5Y+9.55%Size₹5,742 CrCost0.97%
- HSBC Arbitrage FundArbitrageNAV₹22.07251Y+6.58%3Y+7.15%5Y+6.65%Size₹3,170 CrCost1.45%
- HSBC Multi Asset Allocation FundMulti Asset AllocationNAV₹13.69001Y+3.93%3Y–5Y–Size₹3,161 CrCost0.95%
- HSBC Balanced Advantage FundDynamic Asset Allocation or Balanced AdvantageNAV₹50.40781Y−1.65%3Y+9.15%5Y+7.74%Size₹1,517 CrCost1.15%
- HSBC Equity Savings FundEquity SavingsNAV₹40.61951Y+5.54%3Y+12.65%5Y+10.58%Size₹1,388 CrCost1.41%
- HSBC Conservative Hybrid FundConservative HybridNAV₹70.10011Y+0.38%3Y+8.52%5Y+6.94%Size₹154 CrCost1.19%
Debt funds
13 funds
- HSBC Liquid FundLiquidNAV₹2,849.03531Y+6.41%3Y+6.90%5Y+6.41%Size₹23,171 CrCost0.13%
- HSBC Money Market FundMoney MarketNAV₹30.08371Y+6.31%3Y+7.23%5Y+6.59%Size₹7,130 CrCost0.15%
- HSBC Corporate Bond FundCorporate BondNAV₹82.99781Y+3.97%3Y+7.16%5Y+5.99%Size₹6,018 CrCost0.33%
- HSBC Overnight FundOvernightNAV₹1,451.41301Y+5.26%3Y+6.02%5Y+5.77%Size₹4,745 CrCost0.07%
- HSBC Short Term FundShort DurationNAV₹29.90461Y+4.16%3Y+7.06%5Y+6.07%Size₹4,042 CrCost0.32%
- HSBC Banking and PSU Debt FundBanking and PSUNAV₹27.11331Y+3.75%3Y+6.67%5Y+5.57%Size₹3,782 CrCost0.28%
- HSBC Ultra Short Term FundUltra Short DurationNAV₹1,489.92671Y+6.31%3Y+7.12%5Y+6.58%Size₹3,545 CrCost0.18%
- HSBC Ultra Short to Short Term FundLow DurationNAV₹32.77141Y+5.85%3Y+7.70%5Y+6.92%Size₹937 CrCost0.40%
- HSBC Medium Term FundMedium DurationNAV₹23.75491Y+4.13%3Y+7.46%5Y+6.50%Size₹686 CrCost0.41%
- HSBC Credit Risk FundCredit RiskNAV₹37.78281Y+5.66%3Y+11.53%5Y+9.03%Size₹458 CrCost0.84%
- HSBC Gilt FundGiltNAV₹76.68571Y+1.00%3Y+5.73%5Y+4.99%Size₹158 CrCost0.50%
- HSBC Dynamic Term FundDynamic BondNAV₹33.11341Y+2.07%3Y+6.41%5Y+5.54%Size₹122 CrCost0.30%
- HSBC Medium to Long Term FundMedium to Long DurationNAV₹48.53741Y+2.08%3Y+6.38%5Y+5.11%Size₹49 CrCost0.63%
Index funds, ETFs and FoFs
12 funds
- HSBC CRISIL IBX 50 50 Gilt Plus SDL Apr 2028 Index FundIndex FundNAV₹13.37521Y+4.60%3Y+7.40%5Y–Size₹1,758 CrCost0.19%
- HSBC Gold ETFGold ETFNAV₹122.06611Y–3Y–5Y–Size₹669 CrCost0.62%
- HSBC Income Plus Arbitrage Active FOFFund of FundsNAV₹24.204826 Oct 20261Y+4.53%3Y+7.52%5Y+6.10%Size₹533 CrCost0.15%
- HSBC Global Emerging Markets FundOverseas Fund of FundsNAV₹34.147226 Oct 20261Y+24.41%3Y+27.38%5Y+9.60%Size₹493 CrCost0.74%
- HSBC Nifty 50 Index FundIndex FundNAV₹26.96171Y−11.60%3Y+7.06%5Y+5.52%Size₹389 CrCost0.22%
- HSBC Gold ETF Fund of fundFund of FundsNAV₹9.650426 Oct 20261Y–3Y–5Y–Size₹377 CrCost0.07%
- HSBC Brazil FundOverseas Fund of FundsNAV–1Y–3Y–5Y–Size₹353 CrCost0.92%
- HSBC CRISIL IBX Gilt June 2027 Index FundIndex FundNAV₹12.83501Y+5.02%3Y+7.31%5Y–Size₹181 CrCost0.15%
- HSBC Nifty Next 50 Index FundIndex FundNAV₹29.58801Y−2.97%3Y+15.64%5Y+9.80%Size₹177 CrCost0.46%
- HSBC Multi Asset Active FOFFund of FundsNAV₹41.883826 Oct 20261Y+3.90%3Y+14.12%5Y+10.18%Size₹111 CrCost0.59%
- HSBC Asia Pacific (Ex Japan) Dividend Yield FundOverseas Fund of FundsNAV₹36.380826 Oct 20261Y+20.14%3Y+25.60%5Y+12.53%Size₹80 CrCost0.82%
- HSBC Aggressive Hybrid Active FOFFund of FundsNAV₹43.246126 Oct 20261Y+0.73%3Y+11.83%5Y+8.85%Size₹48 CrCost0.24%
HSBC Mutual Fund fund managers
Managers running its funds now, largest first by the money in their funds.
| Money in their funds. The latest month's assets of every fund they run now, added up. A fund run by two managers counts in full for each. | Running funds here since. The earliest start date the fund house files for them on any of its funds. | ||
|---|---|---|---|
| Dipan S. Parikh | 20 | ₹94,383 Cr | 28 Feb 2024 |
| Venugopal Manghat | 4 | ₹41,932 Cr | 24 Nov 2012 |
| Abhishek Iyer | 3 | ₹34,226 Cr | 1 Apr 2025 |
| Mohd. Asif Rizwi | 15 | ₹32,694 Cr | 15 Jan 2024 |
| Mahesh Chhabria | 13 | ₹31,750 Cr | 26 Nov 2022 |
| Rahul Totla | 3 | ₹30,577 Cr | 1 Jan 2026 |
| Cheenu Gupta | 5 | ₹27,434 Cr | 2 Jul 2021 |
| Shriram Ramanathan | 9 | ₹17,789 Cr | 24 Nov 2012 |
| Abhishek Gupta | 4 | ₹11,177 Cr | 1 Mar 2024 |
| Praveen Ayathan | 6 | ₹10,361 Cr | 30 Jun 2014 |
HSBC Mutual Fund investor complaints
Sep 2026, as the fund house reports them.
- Received
- 56
- Resolved
- 54
- Open at month endOpen at month end. Complaints not yet resolved on the month's last day, as the fund house states them, including any carried from earlier months.
- 6
HSBC Mutual Fund votes at company meetings
Quarter to Sep 2026, as its funds voted at the companies they hold.
- Company meetings
- 383
- Resolutions voted onResolutions voted on. Each resolution put to shareholders at those meetings on which the house's funds voted, counted once however many of its funds voted.
- 2,276
- Voted againstVoted against. Resolutions on which at least one of the house's funds voted against.
- 199
- AbstainedAbstained. Resolutions on which at least one of the house's funds abstained.
- 0
HSBC Mutual Fund documents
- FactsheetSep 2026
- Statement of additional informationOct 2026
- Annual reportYear to Mar 2026
About HSBC Mutual Fund schemes
HSBC Mutual Fund is the HSBC Group's mutual fund in India, sponsored by HSBC Securities and Capital Markets (India) Private Limited and run by HSBC Asset Management (India) Private Limited. Registered with SEBI on 27 May 2002, it took over L&T Mutual Fund's schemes in 2022 and runs equity, hybrid, debt, index, ETF and fund of funds schemes.
Sponsor, trustee and AMC
The sponsor, HSBC Securities and Capital Markets (India) Private Limited, set up the fund as a trust and holds all of the AMC's paid-up equity share capital. HSBC Trustees (India) Private Limited, the trustee, holds the schemes' assets for unit holders and oversees the asset management company (AMC), HSBC Asset Management (India) Private Limited, which makes the investment decisions. The AMC was incorporated on 12 Dec 2001, the trust deed is dated 7 Feb 2002, and the fund's SEBI registration number is MF/046/02/5.
The L&T Mutual Fund acquisition
HSBC signed an agreement on 23 Dec 2021 to take over L&T Mutual Fund, and the transfer took effect on 25 Nov 2022, after SEBI communicated no objection in Oct 2022. HSBC Securities and Capital Markets (India) replaced L&T Finance Holdings as sponsor, and HSBC Asset Management (India) acquired L&T Investment Management Limited.
Schemes in 15 categories were then merged: HSBC Large Cap Fund came from L&T India Large Cap Fund and HSBC Large Cap Equity Fund. Others were renamed: L&T Tax Advantage Fund became HSBC ELSS Fund, now HSBC ELSS Tax Saver Fund. A scheme's older history may sit under an L&T name.
Schemes it runs
The house offers equity schemes across market sizes and themes, hybrid schemes, debt schemes from overnight and liquid to gilt and credit risk, and passive products: index funds, ETFs and fund of funds, including overseas ones. This page groups the live schemes under four headings and links to each category.
Returns and assets
Returns over 1, 3 and 5 years come from the plan the scheme's own page leads with, Direct where the fund has one, beside its NAV, the price of one unit. The 3 and 5 year figures are yearly compounded rates. Assets managed is the latest quarter's average added across funds, with money its funds of funds hold in its other funds counted once.
Fund managers, complaints and votes
The manager table lists each person who runs the house's funds, the number of funds, the money in them and the earliest start date filed for them. A fund with two managers counts in full for each, so manager totals exceed the house's assets.
Investor complaints are shown for the latest month. Open complaints are those not resolved on the month's last day, including any carried over. Votes at company meetings are counted per resolution, once, however many of the house's funds voted on it.