Fundalysisby DARKHORSESTOCKS

Fund manager · HSBC

Gautam Bhupal

SVP & Fund Manager – Equities at HSBC. Runs 6 schemes worth ₹10,274 Cr.

  • Fund house

    HSBCThey run their schemes at HSBC.

  • AUM they run

    ₹10,274 CrThe AUM of the schemes they run, as main or co-manager, at the latest month's end, as AMFI reports it. A scheme two people run counts for both.

  • Schemes

    6 now · 7 beforeSchemes they run now, as main or co-manager, and ones they ran before, since Sept 2024.

  • Experience

    22 years22

Profile(HSBC's SAI, 24 Jun 2026)

About

Role
SVP & Fund Manager – Equities
Studied
PGDBM, CA, CS, B.Com
Age
49 years
Experience
22

Schemes now6

  1. HSBC Aggressive Hybrid Fund₹5,652 Cr
  2. HSBC Infrastructure Fund₹2,379 Cr
  3. HSBC Business Cycles Fund₹1,179 Cr
  4. HSBC Financial Services Fund₹903 Cr
  5. HSBC Multi Asset Active FoF₹115 Cr
  6. HSBC Aggressive Hybrid Active FoF₹47 Cr

AUM they run(Feb 2019 – Sept 2026)

AUM at month end each month, and its change on the month before
12 months₹ CrChange
Sept 202610,274−3.9%
Aug 202610,691+3.6%
Jul 202610,318−0.5%
Jun 202610,372+2.6%
May 202610,110+1.2%
Apr 20269,990+12.1%
Mar 20268,911−9.6%
Feb 20269,859+1.8%
Jan 20269,688−2.4%
Dec 20259,925−1.1%
Nov 202510,034−0.3%
Oct 202510,069+2.7%
AUM at month end, Sept 2026
₹10,274 Cr
+2.0% since Oct 2025
Fig. 1.The AUM of the schemes Gautam Bhupal ran at each month's end, each only in the months they ran it, ₹ crore. A scheme two people run counts in full for both. Source: AMFI.

Schemes over time(Oct 2015 – now)

  1. Multi Asset Active FoF
  2. Aggressive Hybrid Active FoF
  3. Income Plus Arbitrage Active FoF
  4. Infrastructure Fund
  5. ELSS Tax saver Fund
  6. Business Cycles Fund
  7. Large Cap Fund
  8. Consumption Fund
  9. Aggressive Hybrid Fund
  10. Balanced Advantage Fund
  11. Value Fund
  12. Multi Cap Fund
HSBC201620182020202220242026
Fig. 1.The schemes they ran when, the oldest first: each from the date its fund house gives, or the first document listing them where it gives none, to when they left, coloured by fund house.

Schemes(Oct 2015 – now)

HSBC

6 now · since Oct 2015
  1. HSBC Aggressive Hybrid Fund
    Fund managerOct 2023—3y 1m₹5,652 CrAggressive HybridTER 0.90%
  2. HSBC Financial Services Fund
    Fund manager, equityFeb 2025—1y 9m₹903 CrThematicTER 0.96%

Source.Each scheme's Scheme Summary Document at AMFI and its filings at NSE.

Performance(13 schemes)

Growth · Direct plans

Return as manager
+15.00%
Beat peers
5 of 13
vs peers
−0.38 pt
Longest run
11.0 years
Beat benchmark
Upcoming
Each scheme Gautam Bhupal ran, against its peers and benchmark over the same months. Source: AMFI. Click a column's header to sort by it.
HSBC Multi Asset Active FoF
Oct '15–now · 11.0y
+12.01%+12.40%−0.40 pt––
HSBC Income Plus Arbitrage Active FoF
Oct '15–Apr '25 · 9.5y
+6.89%+12.79%−5.90 pt––
HSBC Aggressive Hybrid Active FoF
Oct '15–now · 11.0y
+12.03%+12.40%−0.38 pt––
HSBC Infrastructure Fund
Nov '22–now · 3.9y
+19.87%+18.84%+1.03 pt––
HSBC ELSS Tax saver Fund
Nov '22–Jun '25 · 2.5y
+22.35%+19.56%+2.79 pt––
HSBC Large Cap Fund
Jun '23–Jun '25 · 2.0y
+18.87%+20.70%−1.83 pt––
HSBC Business Cycles Fund
Jun '23–now · 3.4y
+16.97%+18.48%−1.51 pt––
HSBC Consumption Fund
Sep '23–Jun '25 · 1.7y
+22.33%+19.31%+3.02 pt––
HSBC Balanced Advantage Fund
Oct '23–Jun '25 · 1.7y
+14.68%+15.64%−0.96 pt––
HSBC Aggressive Hybrid Fund
Oct '23–now · 3.0y
+12.62%+9.83%+2.79 pt––
HSBC Value Fund
Oct '23–Jun '25 · 1.7y
+24.91%+21.33%+3.58 pt––
HSBC Multi Cap Fund
Apr '24–Jul '25 · 1.2y
+15.00%+16.09%−1.10 pt––
HSBC Financial Services Fund
Mar '25–now · 1.6y
+12.95%+13.10%−0.14 pt––
Fig. 1.Each scheme Gautam Bhupal ran, against its peers and benchmark over the same months. Source: AMFI.

Works with(5 now)

  1. Mayank ChaturvediAggressive Hybrid Fund · Financial Services Fund2 schemes
  2. Dipan ParikhAggressive Hybrid Fund1 scheme
  3. Mohd. Asif RizwiAggressive Hybrid Fund1 scheme
  4. Shriram RamanathanAggressive Hybrid Fund1 scheme
  5. Venugopal ManghatInfrastructure Fund1 scheme

Career(May 2004 – now)

HSBC Asset Management (India) Private Limited SVP & Fund Manager – Equities, since

  1. Position not stated
    Mar 2022—4y 8m

Vice President & Fund Manager, from

  1. Position not stated
    Oct 2015—Feb 20226y 5m

Vice President – Investment Management, from

  1. Position not stated
    Jun 2015—Oct 20155m

Fund Manager for PMS Portfolios from

  1. Position not stated
    Jul 2008—Jun 20157y

Prior Assignments: UTI Asset Management Company, Equity Research Analyst from

  1. Position not stated
    May 2004—Jun 20084y 2m

Source.HSBC's Statement of Additional Information, as of 24 Jun 2026.