# HSBC ASSET MANAGEMENT (INDIA) PRIVATE LIMITED

HSBC ASSET MANAGEMENT (INDIA) PRIVATE LIMITED of MUMBAI is an SEC exempt reporting adviser.

## Registration

- CRD: 324468
- Type: SEC exempt reporting adviser
- SEC file number: 802-127368
- Location: 9-11 FLOORS, NESCO IT PARK BUILDING NO. 3, WESTERN EXPRESS HIGHWAY, GOREGAON (EAST), MUMBAI, 400063
- Phone: 91 22 66145019
- Latest filing: 2026-06-27

## Officers, owners & control persons (22)

| Name | Role | Location |
| --- | --- | --- |
| [MITTAL SAURABH KUMAR](https://search.stillhousedata.com/person/746832) | DIRECTOR | — |
| [SHAH KSHITIJ JITENDRA](https://search.stillhousedata.com/person/816767) | CHIEF FINANCIAL OFFICER | — |
| [RAMANATHAN RANESH NMN](https://search.stillhousedata.com/person/835800) | CHIEF INVESTMENT OFFICER - FIXED INCOME | — |
| [MENON RAVINDRAN NMN](https://search.stillhousedata.com/person/904706) | CO-CHIEF EXECUTIVE OFFICER | — |
| [Kulkarni Kailash NMN](https://search.stillhousedata.com/person/904707) | CHIEF EXECUTIVE OFFICER; CO-CHIEF EXECUTIVE OFFICER | — |
| [Thirumangalathu Padmanabhan NMN](https://search.stillhousedata.com/person/904708) | CHIEF RISK OFFICER | — |
| [Manghat Venugopal NMN](https://search.stillhousedata.com/person/904709) | CHIEF INVESTMENT OFFICER - EQUITY | — |
| [Shahani Indu NMN](https://search.stillhousedata.com/person/904710) | DIRECTOR | — |
| [Ramakrishnan Sumesh Kumar](https://search.stillhousedata.com/person/904711) | HEAD - COMPLIANCE ADVISORY | — |
| [Shah Chirag Ramnik](https://search.stillhousedata.com/person/904712) | CHIEF OPERATING OFFICER | — |
| [Jain Arun Mahendra](https://search.stillhousedata.com/person/904713) | CHIEF FINANCIAL OFFICER | — |
| [Seth Kapil](https://search.stillhousedata.com/person/906657) | NON-EXECUTIVE DIRECTOR | — |
| [Varma Roopa](https://search.stillhousedata.com/person/906658) | NON-EXECUTIVE DIRECTOR | — |
| [Padmanabhan Nmn Thirumangalathu](https://search.stillhousedata.com/person/1632540) | CHIEF RISK OFFICER | — |
| [Shriram Nmn Ramanathan](https://search.stillhousedata.com/person/1632541) | CHIEF INVESTMENT OFFICER - FIXED INCOME | — |
| [Venugopal Nmn Manghat](https://search.stillhousedata.com/person/1632542) | CHIEF INVESTMENT OFFICER - EQUITY | — |
| [Indu Nmn Shahani](https://search.stillhousedata.com/person/1632543) | DIRECTOR | — |
| [Sumesh Kumar Ramakrishnan](https://search.stillhousedata.com/person/1632544) | HEAD - COMPLIANCE ADVISORY | — |
| [Kapil Seth](https://search.stillhousedata.com/person/1632545) | NON-EXECUTIVE DIRECTOR | — |
| [Roopa Varma](https://search.stillhousedata.com/person/1632546) | NON-EXECUTIVE DIRECTOR | — |
| [Kailash Nmn Kulkarni](https://search.stillhousedata.com/person/1632547) | CHIEF EXECUTIVE OFFICER | — |
| [Mittal Jitendra Shah](https://search.stillhousedata.com/person/1632548) | CHIEF FINANCIAL OFFICER | — |


## Disclosures (10)

| Initiated | Type | Allegations | Status | Amount |
| --- | --- | --- | --- | --- |
| 2024-01-04 | regulatory | SEBI HAS ISSUED A SHOW CAUSE NOTICE DATED JANUARY 4, 2024, UNDER RULE 4 OF SEBI (PROCEDURE FOR HOLDING INQUIRY AND IMPOSING PENALTIES) RULES, 1995 TO ONE OF THE KEY EMPLOYEES OF THE AMC IN A MATTER PERTAINING TO HIS PAST EMPLOYER AND ALONG WITH OTHERS, ALLEGING VIOLATION OF SEBI REGULATIONS. | Final | $23K |
| 2023-11-06 | regulatory | SEBI ISSUED A SCN DATED NOV 06, 2023 UNDER SECTION 15-I(3) OF SEBI ACT, 1992 CALLING UPON AMIN TO SHOW CAUSE AS TO WHY THE AO ORDER DATED AUG 23, 2023 SHOULD NOT BE REVISED UNDER SECTION 15-I(3) OF SEBI ACT, 1992. | Final | $6K |
| 2023-08-04 | regulatory | THE LOCAL REGULATOR, SECURITIES AND EXCHANGE BOARD OF INDIA (SEBI) ISSUED A SHOW CAUSE NOTICE DATED 04 AUGUST 2023, TO THE ADVISORY FIRM AND THE MEMBERS OF THE FUND TRUSTEES AS ON THAT DATE, (HEREINAFTER REFERRED TO AS "SAID TRUSTEES") ALLEGING VIOLATION OF REGULATION 18(9) OF THE SEBI (MUTUAL FUNDS… | Final | $29K |
| 2023-05-24 | regulatory | IN MAY 2023 THE COMPETITION AND MARKETS AUTHORITY ISSUED A STATEMENT OF OBJECTIONS TO FIVE BANKS (DEUTSCHE BANK, MORGAN STANLEY, ROYAL BANK OF CANADA, CITI, AND HSBC). IN FEBRUARY 2025, THE COMPETITION AND MARKETS AUTHORITY ANNOUNCED THAT IT HAD REACHED A SETTLEMENT WITH HSBC. HSBC ACCEPTED THAT A S… | Final | $30.0M |
| 2022-06-14 | regulatory | THE INDIAN REGULATOR, SECURITIES & EXCHANGE BOARD OF INDIA HAD ISSUED A SHOW CAUSE NOTICE DATED 14 JUNE 2022 TO LTIML, AN ADVISORY AFFILIATE AND CERTAIN EMPLOYEES OF LTIML ALLEGING CERTAIN DEFICIENCIES AND NON-COMPLIANCES WITH RESPECT TO CERTAIN PROVISIONS OF SEBI (MUTUAL FUNDS) REGULATIONS, 1996 IN… | Final | $141K |
| 2021-12-02 | regulatory | THE EUROPEAN COMMISSION IN DECEMBER 2021 COMPLETED A CARTEL INVESTIGATION INTO THE FOREIGN EXCHANGE ('FOREX') SPOT TRADING MARKET BY IMPOSING FINES ON FIVE FINANCIAL INSTITUTIONS, INCLUDING HSBC HOLDINGS PLC. THE COMMISSION'S INVESTIGATION FOCUSED ON THE TRADING OF THE G10 CURRENCIES. THE COMMISSION… | Final | $197.0M |
| 2018-01-18 | regulatory | IN JANUARY 2018, FOLLOWING THE CONCLUSION OF THE US DEPARTMENT OF JUSTICE'S (DOJ) INVESTIGATION INTO HSBC'S HISTORICAL FOREIGN EXCHANGE ACTIVITIES, HSBC HOLDINGS ENTERED INTO A THREE-YEAR DEFERRED PROSECUTION AGREEMENT WITH THE CRIMINAL DIVISION OF THE DOJ (THE FX DPA), REGARDING FRAUDULENT CONDUCT… | Final | $101.5M |
| 2017-09-29 | regulatory | IN SEPTEMBER 2017, FOLLOWING THE CONCLUSION OF THE US FEDERAL RESERVE BOARD'S REVIEW OF THE EFFECTIVENESS OF HSBC'S FX PRACTICES DURING THE PERIOD OF OCTOBER 2008 THROUGH OCTOBER 2013, HSBC HOLDINGS PLC AND HSBC NORTH AMERICA HOLDINGS INC. ENTERED INTO A CONSENT ORDER REGARDING CERTAIN DEFICIENCIES… | Final | $175.3M |
| 2017-04-12 | regulatory | THE SECURITIES AND EXCHANGE BOARD OF INDIA, THE REGULATORY AUTHORITY FOR SECURITIES AND COMMODITIES MARKET IN INDIA, BY LETTER DATED APRIL 11, 2017 INFORMED HSBC SECURITIES & CAPITAL MARKETS (INDIA) PRIVATE LIMITED (HSCI) REGARDING THE INITIATION OF ADJUDICATION PROCEEDINGS UNDER SEBI ACT, 1992. THE… | Final | — |
| 2016-12-07 | regulatory | IN DECEMBER 2016, THE EUROPEAN COMMISSION (THE 'COMMISSION') ISSUED A DECISION THAT IN EARLY 2007 HSBC, AMONG OTHER BANKS, COLLUDED ON EURO INTEREST RATE DERIVATIVE PRICING ELEMENTS, AND EXCHANGED RELATED SENSITIVE INFORMATION, IN BREACH OF EU ANTITRUST RULES. THE COMMISSION DETERMINED THAT THE DURA… | Final | $37.8M |


## Private funds (38)

_Showing 15 of 38 funds by gross asset value._

| Fund | Type | Formed | Owners | GAV | Min investment |
| --- | --- | --- | --- | --- | --- |
| HSBC SMALL CAP FUND | Other Private Fund | India | 644,697 | $1.5B | $54 |
| HSBC LIQUID FUND | Other Private Fund | India | 21,222 | $1.4B | $54 |
| HSBC VALUE FUND | Other Private Fund | India | 347,144 | $1.4B | $54 |
| HSBC MIDCAP FUND | Other Private Fund | India | 352,933 | $1.2B | $54 |
| HSBC CORPORATE BOND FUND | Other Private Fund | India | 8,126 | $639.8M | $54 |
| HSBC MONEY MARKET FUND | Other Private Fund | India | 6,664 | $638.8M | $54 |
| HSBC AGGRESSIVE HYBRID FUND | Other Private Fund | India | 101,786 | $535.6M | $54 |
| HSBC MULTI CAP FUND | Other Private Fund | India | 239,590 | $513.6M | $54 |
| HSBC FLEXI CAP FUND | Other Private Fund | India | 167,318 | $505.5M | $54 |
| HSBC LARGE AND MIDCAP FUND | Other Private Fund | India | 137,781 | $453.5M | $54 |
| HSBC BANKING AND PSU DEBT FUND | Other Private Fund | India | 2,725 | $425.0M | $54 |
| HSBC SHORT DURATION FUND | Other Private Fund | India | 6,976 | $406.5M | $54 |
| HSBC ELSS TAX SAVER FUND | Other Private Fund | India | 243,541 | $381.1M | $6 |
| HSBC MULTI ASSET ALLOCATION FUND | Other Private Fund | India | 58,441 | $277.0M | $54 |
| HSBC OVERNIGHT FUND | Other Private Fund | India | 3,844 | $265.1M | $54 |


## Related pages

- Form ADV Part 2 brochure: https://search.stillhousedata.com/firm/324468/brochure
- Similar advisers: https://search.stillhousedata.com/firm/324468/similar
- Related entities: https://search.stillhousedata.com/firm/324468/related
- SEC IAPD (source of record): https://adviserinfo.sec.gov/firm/summary/324468

---

Source: public SEC Form ADV data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.