HSBC Mutual Fund Review – Top Performing MF, Fact Sheet, Benefits, Statement, Office, Login, Application Form, Customer Care, Nav, Calculator & Mobile App – Which is India’s Best Mutual Fund Platform

HSBC Mutual Fund Review – Company Information

Each and every mutual fund or AMC (Asset Management Company) looks to create a niche for itself in the market, either nationally or internationally. There are multiple AMCs which have established themselves as leading capital manager in the country through decades and even so more recently.

However, HSBC mutual fund looks to connect its patrons to the world of capital assets, figuratively and literally as well.

The name of the AMC reveals this as it is HSBC Global Asset Management. They are a part of one of the largest banks in the world which opens you up to a plethora or a world of financial opportunities at your avail.

Combine that with the rich history of the bank going some 150 years back in time. There is no question that such an organization would need any further explanation or introduction.

So, at your service is a 150+ year old bank which serves more than a million customers with its rich and varied financial products which are designed and monitored to avail maximum returns for the customer.

HSBC has another distinguishing trait in its discipline which separates it from the brunch. Since its inception it has always tried to bridge the developed, the developing and the under-developed parts of the world.

It has always had great relationships with the leading entities through the globe and it has done a great job in leveraging those relationships to provide value to the local entities.

This transfer of value from leading global entities to rising local entities is one of the passing-of-the-torch actions and cycles that need immense foresight and insight to pull off.

Even though they are globally established as one of the leading names, their local penetration makes it a network which provides immense opportunities for the local entities and presence for the global entities.

They have a robust system which enables them to leverage their potential for great returns to their customers. It also manages your wealth with great efficiency. This is what is required as per the requirement of today’s world.

So that is exactly what HSBC Mutual Fund offers.

With this mutual fund AMC, you can be guided by them at every step, in detail. This is one of the most peculiar benefits of investing with HSBC Mutual Funds. This makes sure that you do not stumble at any turn or bend on the way. All along, HSBC Mutual Fund has got your back.

Apart from that, all of the funds offered by them are registered and regulated strictly in the sub-continent.

However, the investor needs to be careful of all the schemes offered by any company.

HSBC Mutual Fund is a brand and a name that can be trusted easily and is trusted all around the world since more than a century. They have a clean and impressive history of bringing in great capital products for the people and corporates as well.

They also manage all the funds very wisely, keeping their eyes on the international market as well to make accurate and better decisions.

They also have great platforms through which the investors can invest with great ease and also understand how to invest in Mutual Fund if they are new. This is one of the best features for new investors who do not know the ins and the outs of this market.

However, even if you are a seasoned veteran, there is always something that you can learn and HSBC Mutual Funds has that for you.

They also have a section called as “Investor Expertise” where you get great details about different segments and different schemes according to your risk profile. This is something you should surely look out for when you visit their website.

They bring to you the best of their strategies which they have worked upon with different clients all around the world and they help you leverage these strategies for returns.

You might have a small or a big financial goal for yourself or for your family. No matter what your capital goals are, you can trust HSBC AMC to take care of all your goals.

Everything they do is for the client and for the investor. You are core to their responsibility and purpose and this is how they treat themselves and you.

They have a great team which is spread across the globe with immense resources and commitment that they can help you to make the best capital decisions for your investment. Great research, risk management and strategizing are the meat of their work.

As is mentioned above, they have a separate section called as “Investor Resources” where there is a vast bank of categorized information which the investor can delve into so that he can understand the workings of the mutual fund world.

There are explanatory videos and podcasts which try to explain different concepts at great depth so that the investor knows what the experts know. This knowledge transfer mechanism is a great way to keep investors invested, interested and it also helps in building relation with the investor.

About HSBC Mutual Fund Scheme

Everything about HSBC Mutual Funds has been covered in this article. It is exhaustive so that you do not have to go anywhere else to seek for answers.

Below we have laid for you some important facts and disclosures about the fund, its incorporations, associations and the names attached with it.

These are the people who make sure that the company lives up to its standard and delivers what it has been delivering for years and even better than that.

So, while you are going through this, make sure to read each and every information with detail and understanding.

Top HSBC Mutual Fund Schemes

This is the list of the schemes which are known to be the best mutual fund schemes in HSBC Mutual Fund.

This is due to their great returns over the years. So, make sure to understand each one of them and study them in detail.

HSBC Mutual Fund Benefits

Let us go through some of the benefits of this mutual fund over the others in the same market.

Investment Expertise

HSBC Global AMC connects you with the best mind around the world.

Since it has been in the same market for more than a century, they know what is going on the market and what will be. They achieve this using their immense intellectual resource in the form of experts and they couple it with highly advanced tools developed by them to understand the mechanisms of the market.

These mechanisms keep changing; hence they also adapt themselves by changing their approach. They don’t only have plans for success, but also know how to anchor the ship when things go haywire.

Wide Range of Strategies

The fund managers in HSBC AMC have a wide range of experience through different spectrums in the capital industry.  This makes it easier for them to connect different segments and markets together. This amalgamation of segments produces great results evidently and this is how they thrive.

Their diversification of investments is highly noteworthy as they can take a wide range of assets from a wide range of markets and pack them into one single fund so that you reap benefits from all different markets, nationally and globally.

This unique responsibility of bringing the best to you from around the world has always been core to their approach.

High Liquidity

This has been one of the newest approaches of HSBC Mutual Fund since the last 15 years.

They have been working hard to keep their investments liquid. The level of liquidity that they are trying to provide is incomparable given the low risk associated with it.

It is very difficult to maintain your risk below the moderate level and still manage to deliver this quality of liquidity for the investors.

Of course, this is being done by combining the money market along with some unique securities. These two are merged into a single portfolio, which generates high liquidity.

Risk Management

The one way that mutual fund businesses can thrive and survive at the least is by minimising the risks of the capital that investors are pouring into the fund.

This way the investor is also satisfied and the mutual fund houses are also in business.

As easy as it sounds, this is one of the toughest tasks to accomplish. This is due to the fact that the markets are perpetually volatile and they have no definite mechanism. It is easy to say that it works on demand and supply but that is just one aspect to it.

So, risk management has to be done according to strict rules and norms. There is absolutely no way that you can ignore the importance of having debt papers which are of the highest standards or else there would be further complications. These complications would affect everyone associated with the mutual fund house.

HSBC Mutual Fund SIP, Lumpsum, And Increase SIP

SIP is a great way towards your dream. No matter what your financial goals are, even if they are short term. SIPs come to your help while you are constantly planning for your future but are unsure about the actions that you should be taking.

You can literally finance and fund your dreams. If you want to invest some money for your children’s education or if you want to allocate some corpus for your retirement or even if you want to buy a new home, SIPs can help you achieve those goals with great ease.

The mantra is simple. Keep investing small amounts of money over an extended period of time.

Now this will take a lot of patience and effort, but this is it. You have to keep yourself invested even if you will be tempted to withdraw the money and do something else with it. Like, just spend it.

You need to stay invested and calm like a sage so that your money will keep generating and yielding returns till you are patient enough to let it complete its maturity period.

The scale of flexibility with which you can invest has highly increased in the previous years.

You could only invest in a fixed amount as defined by the fund house. But now you can invest as much or as less as you want with SIPs going down to even Rs. 100 per month.

By decreasing the amount of investment that you can make in SIPs, mutual fund houses have opened the floor for everyone who wants to save capital for their future.

And this has worked very well for the financial market and also for the mutual fund houses as they could collect a lot of cash funds which is usually a very tough challenge.

When you invest in a SIP, you also get to reap the benefits of a very interesting principle called the Rupee Cost Averaging.

Investing is a marathon and it has to be run wisely and patiently so that you complete the entire course of the marathon within the stipulated time so as to win the race.

The market keeps fluctuating and it will keep doing so even in the future. As it fluctuates, it sees a fair number of highs and even lows for that matter.

Since you are investing a fixed amount in a SIP, when the market is low, you get to purchase more units against when the market was high.

And when the market is high, you get to buy a lesser number of units which gets averaged out by the higher number of units that you previously bought when the market was low.

This is how you benefit from the Rupee Cost Averaging.

Lumpsum investment works best if you have a large reserve of capital available and choose to invest or deposit all of it at one place so that it can generate returns for you after a while.

Just as you would deposit it in a FD account, here you invest your lumpsum money into a mutual fund scheme and wait for it as it yields returns over time.

Generally, the returns of Lumpsum Mutual Funds are higher than SIPs as they are locked in for a longer duration and the amount is also significant.

Again, time is the main factor here. The longer you wait, the larger you yield. This is the simple rule of mutual fund schemes.

For Lumpsum funds, it is recommended that you wait for more than 5 years before withdrawing your investment as it generates returns. If you want to invest for a lesser time, than you should try investing in Debt Funds.

Once you invest via lumpsum mode, you do not have to be alert and working to keep transferring funds to your account.

It is very convenient and easier than paying monthly installments.

When you are delving into lumpsum investments, you should make clear your goals and the timeframe you are going to invest in those goals.

This is important because if you are not clear with your goals, your impatience will not permit you to stay invested for a longer haul. Hence it is advisable to prepare yourself for the duration of the investment.

Apart from these two key modes of investment, time has come up with some new inventions with you can make the most out of mutual fund schemes.

In addition to the regular SIP, you can choose to increase your SIP every six months or every year, for example. This feature has been provided given the assumption that you will continue to do better in what you do to earn money, be it a job or a business. This improvement will also come with appreciation in your renumeration.

This lone assumption has motivated investors to invest more apart from their regular SIP. This is called as Step-up SIP.

In addition to the Lumpsum mode of investment, you can also choose to invest in the same fund like a SIP if you wish to do so. In this case you will be investing in a hybrid form of both SIP and Lumpsum investment.

This will only result in your returns getting augmented or increased and you will get the benefits of both SIP and Lumpsum modes of investment.

All HSBC Mutual Fund Schemes

Let us take a closer look at some crucial figures and statistics related to the performance and various parameters of the different mutual fund schemes that HSBC AMC has to offer.

The following table will take you through everything an investor needs to know about the different schemes.

HSBC Mutual Fund NAV

NAV is another crucial term to reckon if you are delving into mutual funds.

When you invest into mutual funds, what you are fundamentally doing is that you are buying a unit of the relevant portfolio. Every unit has a price.

NAV is that price of the unit of a mutual fund scheme. This is similar to that of a stock or commodity.

This is how NAV can be understood which also stands for Net Asset Value.

NAV also is crucial while you are considering investment in mutual funds. You can map the NAV of a mutual fund scheme over a period of time and predict what its returns are going to be after a number of years from now.

However, this is just a preliminary tool and only little can be understood about a mutual fund from its NAV. For more analysis, there are other complicated tests that should be performed.

NAV History of HSBC Mutual Fund

Latest NAV of HSBC Mutual Fund

HSBC Mutual Fund Registration & KYC Process

Let us take a look at the registration process of HSBC Mutual Fund in case you are a new investor and want to start investing with HSBC Mutual Funds. This portion of the article will help you with the first-time user registration of HSBC Mutual Fund.

• You will have to first visit the web platform of HSBC Mutual Funds.
• Next, as shown in the screenshot below, kindly click on ‘Invest Online’.

• On the next page, click on the dot beside ‘First-time user? Register Now’.

• Now, you can enter your details like Name, PAN, Contact, etc. so that you can easily register and create an account with HSBC Mutual Fund.
• To complete your KYC Process, scroll down to the “Important Forms” section of this articles.
• Download the KYC form, fill it and submit it to your nearest HSBC Mutual Fund Branch. You can check the address of the same in the article as we move further.
• Alternatively, you will find the same form in the “Forms” section under the “Investor Resources” tab on the website platform of HSBC Mutual Fund.

How To Buy Or Invest In HSBC Mutual Fund

Out of the many ways in which you can invest or buy in HSBC Mutual Funds, we shall look at one of the easiest and most accessible ways to invest.

You can choose to invest online with HSBC MF Online Investment Platform which is their website platform.

The steps to login and start investing are as follows:

• Open the web platform of HSBC Mutual Funds to start this process.
• Next, as shown in the screenshot below, kindly click on ‘Invest Online’.

• Now, enter your credentials and log in to the platform
• After you have logged in, you can select your desired mutual fund according to your goals.
• You can then start your SIP to yield returns.
• You can also carry out transactions such as STP and SWP.
• The transaction will be done either through UPI or net banking.

HSBC Mutual Fund Login Process

Now, let’s take a quick look at the login process if you wish to make some transactions or buy, sell, switch, etc. There is only a client login with HSBC so we shall take quick look at it.

Client Login Process

If you are an individual who wants to invest in mutual funds, this client login is exactly for you.

• Open the web platform of HSBC Mutual Funds to start this process.
• Next, as shown in the screenshot below, kindly click on ‘Invest Online’.

• Now, enter your credentials and log in to the platform

All HSBC Mutual Fund Important Forms Download

HSBC Mutual Fund Office And Branch Address

HSBC Mutual Fund Mobile App – HSBC India

Built specially for the customers in the Indian subcontinent, this app makes it easy and fast for the customers to log in and start transacting. It is highly secure and built so that you can also log in using your fingerprint.

If you are a new customer, you will have to first register on their website platform and then start investing here at in a matter of clicks with your login credentials.

This app provides the following features and functionalities:

1. Log on with your fingerprint
2. Keep tab on all your accounts
3. Transact effortlessly and locally
4. Keep your eye on your statements all the time

HSBC Mutual Fund Basic Point

Redemption And Withdrawal Process

This action or operation can be done at your own convenience from anywhere and at any time. HSBC Mutual Fund has increased their digital capabilities to make things easier for its customers.

A.   ONLINE

To redeem or withdraw in HSBC Mutual Funds,

1. Log on to the investors section in HSBC Mutual Fund website.
2. Once you have logged on, there will be three tabs and the third one will be “Redeem”.
3. Click on that tab to start your redemption or withdrawal process.

B.   ONLINE

1. Go to the website platform of HSBC Mutual Fund or to the “Important Forms” section of this article and download the Transaction Form.
2. Print and fill the form.
3. After filling the form with necessary and relevant details, you will have to submit it to the nearest HSBC Mutual Fund Branch.

While filling the form, kindly consider the factor of cut-off time.

How To Check HSBC Mutual Fund Current Value

The HSBC Mutual Fund redirects you to the CAMS website to find the NAV of a particular fund.

However, let us begin the steps for NAV.

• Visit the website platform of HSBC Mutual Funds in your browser.
• As shown in the screenshot below, kindly click on the “Fund centre” tab.

• Now click on the NAV of HSBC Mutual Fund scheme option.
• Once you click on it, you will be redirected to a CAMS website where you can enter the scheme details and find out the current value of the particular scheme(s).

How To Close Or Stop HSBC Mutual Fund

You can stop or close your HSBC Mutual Fund through downloading a form and filling it offline. At the time of writing this article, any online process was not discovered.

A.   OFFLINE

To close or stop your HSBC Mutual Fund,

1. Please download the “Request for Cancellation of HSBC MF Personal Identification Number” either from the HSBC Website or from the “Downloads” section in the article.
2. Fill all the required information and submit or courier it to your nearest HSBC Mutual Fund branch.

How To Get HSBC Mutual Fund Fact Sheet

To get HSBC Mutual Fund Factsheet,

• Visit the HSBC Mutual Fund website.
• Now, click on the “Investor Resources” tab as shown in the screenshot below.

• Under “Filter results”, click on Fund factsheets and you will find factsheets according to months.

How To Get HSBC Mutual Fund Folio Number

To get your Mutual Fund Folio Number with HSBC Mutual Fund, kindly contact the customer service number given in the latter part of this article.

How To Get HSBC Mutual Fund Statement

To get your HSBC Mutual Fund account statement,

1. Land on the website platform of HSBC Mutual Fund.
2. Log yourself in to the website.
3. Now you will find an option related to account statement.
4. Find the option, click on it and you will have your account statement at your disposal.

How To Update Mobile Number, Email & Address With HSBC Mutual Funds

HSBC Mutual Funds has introduced a single form which needs to be filled to update multiple changes at a single time in a single form. This can be done easily by just downloading a single form

1. Visit the HSBC Mutual Funds web platform.
2. Download the “Common Form For Non-Financial Transactions” from the “Important Forms” section of this article or from the website platform.
3. Print the form.
4. Now, fill the form with all relevant details.
5. Submit it to your nearest HSBC MF branch for further processing.
6. Kindly note, that it might take some days for the changes and updates to be reflected.

How To Link Aadhaar

This again is same as the above process. Follow the steps given below to link your Aadhaar with the folio:

1. Download the KYC form from the “Important Forms” section of this article or from the website platform of HSBC MF.
2. Print and fill the form with relevant details.
3. Submit the form at your nearest HSBC Mutual Fund branch to complete the process.

HSBC Mutual Fund Past Year Returns

Let us take a quick look at the standard returns of the mutual fund schemes offered by HSBC Mutual Fund. This will give you a fair picture of what you can expect from HSBC Mutual Fund and what schemes you can choose to invest in.

Benefits Of Investing In A Mutual Fund

If you have never invested in mutual funds and are looking to invest for the first time, you obviously will have some concerns about investing your hard-earned money in mutual funds.

It is natural and we are here to help you understand the benefits of investing in a mutual fund over investing in other capital assets or products.

Mutual Funds are where a lot of investors invest their money together to yield excellent returns over a period of time, short or long. This capital is utilized and compounded by their further investing in a number of securities. And this is how they yield returns which is distributed or shared by all the investors.

Now, what are the major categories or segments of mutual funds?

They are equity, debt and hybrid.

Mutual Funds in the Equity segment are usually invested into stocks so that the investors will yield a good amount of returns against their investments. Equity funds are more than often risky but nevertheless a lot of investors invest in equity segment due to its huge return capacity over a short period of time.

Now comes Mutual Fund Schemes classified in the debt category.

They are usually invested in bonds and government securities. They are safer and are not as risky as equity schemes. Apart from that they offer fair returns to investors over a prolonged period of time. Investors with a less risky investing attitude invest in such mutual fund schemes which are from the debt category.

Hybrid mutual fund schemes are schemes which are invested in both equity and debt securities. They are very precisely designed and managed so as to give investors both safe and quicker returns against their incomes.

So, this is how mutual fund schemes are divided. They are further divided among these three main segments as well. But we need to understand the various segments which will be a crucial factor as you go further in your investment journey.

Now, let us try to understand quickly what advantage investing in a mutual fund holds over the other forms of capital investment.

Investments are processes within processes which need your money and brain. You need to know where you are investing, when it will flourish or flunk and when it needs to yield potential results.

In mutual funds, the hassle of you managing your investments is take from your shoulder and it is placed on the shoulders of experts who have impressive records of managing capital from a lot of other investors.

These fund managers know the ins and outs of the market and they are usually rooted in the analytical scope of schemes to begin with.

Hence, they have highly accurate analytical skills which help them to understand the behavior of the economy as time progresses.

Apart from that, you get the unusual luxury of investing in multiple segments and markets at the same time so that you can yield returns from all those markets whenever you draw your invested amount.

Even if one market goes down, your losses can be compensated by the profits or the rise in the other remaining markets. This unique balance is only availed to you through mutual funds. So, this is one of the other important factors which makes mutual funds advantageous than other forms of capital investment.

Instead of investing a small amount in a small number of markets, you can invest the same amount in a large number of markets with varying ratios. This makes sure that you don’t suffer losses even if some markets fail.

Mutual Funds depend upon the market and its behavior. Usually the market keeps excelling with some lows. The economy is always thriving with some hurdles and this is evident if you go to the world of stocks where this rule is very apparent.

Therefore, it should be understood that even if you face negative returns over a short period of time, you should generate enough returns over a long period to make up for those negative returns.

However, you are always advised to invest at your own risk and according to your own consent in the rare case of the market failing. At the end of the day, it is your hard-earned money which is being invested.

HSBC Mutual Fund – Fund Managers List

Mr. Priyankar Sarkar

Mr. Priyankar Sarkar is the fund manager for HSBC Asia Pacific (Ex Japan) Dividend Yield Fund, HSBC Brazil Fund, HSBC Global Emerging Markets Fund and the HSBC Global Consumer Opportunities Fund.

He has a wide ranged experience. He currently is also the Associate Vice President of Equities.

Before HSBC Global AMC, he worked as an Investment Analyst with Motilal Oswal Asset Management Company Limited for close to 5 years. He has also been associated with companies such as D.E. Shaw Group, Standard Chartered Bank and Kotak Mahindra Asset Management Company apart from others.

He has completed his Bachelors from The University of Liverpool and his Masters from Symbiosis Institute of Business Management in Finance.

Mr. Neelotpal Sahai

Mr. Neelotpal Sahai is a veteran in the field of mutual funds. He has immense experience and expertise in the field of managing funds and in research of more than 18 years.

He manages the HSBC Large and Mid Cap Equity Fund (HLMEF), HSBC Large Cap Equity Fund (HLEF), HSBC Multi Cap Equity Fund (HMEF) and the HSBC Equity Hybrid Fund (HEHF).

Before working with HSBC Mutual Fund, he has had stints with IDFC AMC, Motilal Oswal, Infosys, UTI Securities Limited and Hewlett Packard.

He has completed his Bachelors from the esteemed IIT- Varanasi and his Diploma from IIM-Kolkata in Management.

Mr. Ankur Arora

Mr. Ankur Arora manages the HSBC Small Cap Equity Fund (HSEF) currently. He has a combined experience of more than seven years.

Most of his work has been in the equity market.

He has been associated with IDFC Mutual Fund. He has also worked for Aegon Life, Arvind Limited after IDFC. Before IDFC Mutual Fund, he worked as a Fund Manager in ING Investment Management Private Limited. He was also an Associate Vice President there.

He completed his Bachelors in the field of commerce from GNDU, Amritsar and his PGDM in Finance from the prestigious Indian Institute of Management- Lucknow.

Apart from that, he has also completed his CFA in the year 2010.  

Mr. Gautam Bhupal

Mr. Gautam Bhupal has more than 11 years of experience in the field of mutual funds.

He currently manages the HSBC Infrastructure Equity Fund (HIEF), HSBC Small Cap Equity Fund (HSEF), HSBC Managed Solutions India – Growth, HSBC Managed Solutions India – Moderate, HSBC Managed Solutions India – Conservative and the HSBC Regular Savings Fund (HRSF).

For the most part of his career he has worked with UTI Asset Management Company before joining HSBC Mutual Funds. He holds a PGDM, CA and CS.

Ms. Anitha Rangan

Ms. Anitha Rangan is currently a fund manager and also a vice president at HSBC Global AMC.

She is the co-fund manager for HSBC Managed Solutions India – Growth, HSBC Managed Solutions India – Moderate and HSBC Managed Solutions India – Conservative.

Before HSBC Global AMC, she has also been the director of CRISIL Limited for a year and a half. Before that she has been vice president of NOMURA INTERNATIONAL PLC FOR 2 years and she has also been vice president of Lehman Brothers Holdings Inc. for two years. Her total experience is more than 12 years which also includes the role of a credit analyst.

Mr. Kapil Punjabi

Mr. Kapil Punjabi is the fund manager for HSBC Equity Hybrid Fund (HEHF), HSBC Regular Savings Fund (HRSF), HSBC Short Duration Fund (HSDF), HSBC Debt Fund (HDF), HSBC Low Duration Fund (HLDF), HSBC Flexi Debt Fund (HFDF), HSBC Cash Fund (HCF) and the HSBC Ultra Short Duration Fund (HUSDF).

He is also the vice president for the fixed income segment.

Before HSBC Global AMC, he has worked as a fund manager for Taurus Mutual Fund for close to two years. He has also been a fund manager for Edelweiss Mutual Fund for two and half years and also as a proprietary trader.

He has completed his BMS in finance from Mumbai University and his MMS from the same university.

What Are Charges/ Commissions Of HSBC Mutual Fund

One of the best things about HSBC Mutual Funds is that if you are an account holder with HSBC Bank, you will not be charged any fee or charges as per their website. If you are doing online banking with HSBC Bank, you will not be charged.

There are different types of charges when you choose to invest in a mutual fund scheme as everything comes with a cost. There are fund managers, corporations and people who are working day in and day out to make sure that your investment yields the returns it is supposed to yield and even beyond that.

So, let us get into the charges associated with any mutual fund scheme.

ENTRY LOAD is the charge that is usually accounted for when you are purchasing units of a mutual fund or at the time of investing in a mutual fund. However, this is not in current practice as it has been done away by SEBI.

EXIT LOAD is the charge accounted for at the other end of your investment journey should you choose to withdraw your investment before the investment duration planned. This charge makes sure that you do not leave your mutual fund scheme midway and encourages you to stay locked in so that you can yield good returns.

TRANSACTION CHARGE is the charge which was supposed to be in the place of entry load charges. These are the charges which are levied when you make any transaction and are charged only once in your investment. They are levied only if the transaction amount is more than Rs. 10,000/-

Most of the AMCs or Mutual Fund houses deduct the charges from your investment amount itself. However, it is not unusual for Mutual Fund houses to ask you to pay the charges over your investment amount so that your money yields great returns as planned.

Whenever you are investing in a mutual fund scheme, always remember to read and make clear for yourself all the different charges associated with these Mutual Funds.

HSBC Mutual Fund Support And Customer Care

Conclusion

One thing that is clear as we have studied about HSBC Mutual Fund is that it is not a small Mutual Fund house. It is a global asset management company.

It is one of the most renowned and long-standing company since more than a century and is one of the symbols of financial security for investors who want to save their money and compound it.

This company has displayed throughout its history that it is highly capable of managing large capital in the corporate world and compounding it. It has attempted to bring the same service to investors and has been largely successful in doing so.

This is how the global security and the global capital system has been brought to the service of investors who are working and trying hard to save their hard-earned money.

They have also done a great job of being all over the world and have thrived in localizing themselves and working at the grassroots level among investors, large and small.

They do not discriminate among large and small investors and provide the same services without any partiality to both types of investors.

Their risk profile is also a very balanced one which ensures that people with different risk capacities can invest and yield returns on the investment.

Their digital and website platforms are highly capable of performing multiple tasks and bringing the world of mutual funds at your fingertips, either by their mobile app or their website.

HSBC Mutual Fund FAQs

Is CKYC different from KYC? How?

Yes. CKYC is the KYC done at any financial institution. Once you complete your KYC with a financial body, this KYC is centralized and you need not do KYC with other financial institutions as your previous KYC is already in the pool of depository.

What is FATCA?

FATCA is short for the Foreign Account Tax Compliance Act which is mandatory for all Mutual Fund investors and is just a declaration of your assets in case you are investing in schemes which also involve foreign assets.

My account is locked, what should I do?

If your online account is locked, you need not worry. You can reach them at their given email or contact number and HSBC Mutual Fund representatives will help you out.

I want to change my email address and contact number. How do I do it?

There is a form known as Common Non-Transactional form which as to be filled and submitted to change any kind of updates in your details.

Are there any costs associated with HSBC Mutual Fund Online Portal?

Absolutely not. This is a service that is paperless and is offered without any additional charge.

Can I pay using my credit or debit card?

No, this facility has not been offered by HSBC MF. However, you can complete your payment through Net banking or UPI.

How many banks can I register in my folio?

You can add or register up to five banks in a single folio if you are an investor and the number of banks shall not exceed five.

I am investing on behalf of my minor child. D we both have to complete KYC?

No, the guardian needs to complete his/her KYC, specifically the PAN must be verified through the KYC Process.

What is OTP?

OTP is one of the paperless services offered by HSBC Mutual Fund which is free of cost and you can make transactions and register for new schemes.

What is the requirement to register for OTP?

As with all other services, you will have to complete your KYC and PAN verification if you are a new investor.