Fundalysisby DARKHORSESTOCKS

Fund manager · HSBC

Hitesh Gondhia

VP – Dealing Equities at HSBC. Runs no scheme today.

  • Fund house

    HSBCThey run their schemes at HSBC.

  • AUM they run

    None today

  • Schemes

    0 now · 3 beforeSchemes they run now, as main or co-manager, and ones they ran before, since Sept 2024.

  • Experience

    21 years21

Profile(HSBC's SAI, 24 Jun 2026)

About

Role
VP – Dealing Equities
Studied
PGDBM Finance
Age
45 years
Experience
21

Schemes now0

None today; their last ended in Jun 2025.

AUM they run(Oct 2023 – May 2025)

AUM at month end each month, and its change on the month before
12 months₹ CrChange
May 20254,454−0.7%
Apr 20254,487+3.4%
Mar 20254,340+1.0%
Feb 20254,299−1.3%
Jan 20254,356−5.3%
Dec 20244,597+1.1%
Nov 20244,546+1.2%
Oct 20244,494+1.1%
Sept 20244,446+0.4%
Aug 20244,430+1.5%
Jul 20244,362+3.7%
Jun 20244,206+6.3%
AUM at month end, May 2025
₹4,454 Cr
+5.9% since Jun 2024
Fig. 1.The AUM of the schemes Hitesh Gondhia 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 2023 – now)

  1. Balanced Advantage Fund
  2. Equity Savings Fund
  3. Arbitrage Fund
HSBC202420252026
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 2023 – now)

HSBC

since Oct 2023
  1. HSBC Balanced Advantage Fund
    Fund managerOct 2023—Jun 20251y 9mBalanced Advantage

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

Performance(3 schemes)

Growth · Direct plans

Return as manager
+14.58%
Beat peers
1 of 3
vs peers
−0.14 pt
Longest run
1.7 years
Beat benchmark
Upcoming
Each scheme Hitesh Gondhia ran, against its peers and benchmark over the same months. Source: AMFI. Click a column's header to sort by it.
HSBC Balanced Advantage Fund
Oct '23–Jun '25 · 1.7y
+14.68%+15.64%−0.96 pt––
HSBC Equity Savings Fund
Oct '23–Jun '25 · 1.7y
+14.58%+12.49%+2.08 pt––
HSBC Arbitrage Fund
Oct '23–Jun '25 · 1.7y
+7.77%+7.91%−0.14 pt––
Fig. 1.Each scheme Hitesh Gondhia ran, against its peers and benchmark over the same months. Source: AMFI.

Career(Jun 2005 – May 2014)

Edelweiss Securities Limited as Equity dealer from

  1. Position not stated
    Mar 2007—May 20147y 3m

Karvy Stock Broking Limited as Equity dealer from

  1. Position not stated
    Jun 2005—Mar 20071y 10m

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