HSBC Asset Management(India)Private Ltd

HSBC Mutual Funds, a part of HSBC Securities and Capital Markets (India) Private Limited, is one of the leading asset management companies (AMCs) in India’s investment market. As part of the world’s 7th largest bank, HSBC Mutual Funds provides top-tier investment options and services across the country. Serving over 1 million customers, the company operates through more than 1,000 offices across India. With assets under management (AUM) of ₹1,09,825.42 crore as of 2024, HSBC Mutual Fund offers over 103 schemes across equity, debt, and product add-on categories. HSBC, short for Hong Kong and Shanghai Banking Corporation, has a legacy that dates back to 1886, founded by Sir Thomas Sutherland. Despite being a British-owned institution, HSBC has established a strong reputation in South Asia for wealth and asset management, along with retail and corporate banking. Although there were concerns about HSBC entering the Indian mutual fund market due to the political climate in Hong Kong, the bank faced no significant challenges thanks to its exceptional track record. Globally, HSBC serves over 100 million customers across continents, except in the Polar regions, and had a market capitalization exceeding £102.7 billion by the end of 2018. It is the second-largest company listed on the London Stock Exchange, after Royal Dutch Shell. These credentials highlight the strong foundation of HSBC’s Mutual Fund business. All of its mutual fund operations in India are managed by its wholly-owned subsidiary, HSBC Asset Management (India) Private Limited. HSBC’s India business is a significant part of its global operations, and the bank has ambitious plans for further expansion in Southeast Asia. HSBC Mutual Fund was established under the Indian Trusts Act of 1882, and its registration with SEBI (Securities and Exchange Board of India) is MF/046/02/5, dated May 27, 2002.