Fundalysisby DARKHORSESTOCKS

Fund manager · HSBC

Praveen Ayathan

SVP & Head Dealing Equities at HSBC. Runs 4 schemes worth ₹5,746 Cr.

  • Fund house

    HSBCThey run their schemes at HSBC.

  • AUM they run

    ₹5,746 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

    4 now · 0 beforeSchemes they run now, as main or co-manager, and ones they ran before, since Sept 2024. On 2 more schemes for a slice of it: overseas, gold or arbitrage.

  • Experience

    34 years34

Profile(HSBC's SAI, 24 Jun 2026)

About

Role
SVP & Head Dealing Equities
Studied
B.Sc Mathematics
Age
58 years
Experience
34

Schemes now6

  1. HSBC Arbitrage Fund₹3,633 Cr
  2. HSBC Multi Asset Allocation Fund₹3,141 Cr
  3. HSBC Equity Savings Fund₹1,558 Cr
  4. HSBC Balanced Advantage Fund₹1,474 Cr
  5. HSBC Nifty 50 Index Fund₹371 Cr
  6. HSBC Nifty Next 50 Index Fund₹184 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 20265,746+7.6%
Aug 20265,338+9.0%
Jul 20264,895+5.9%
Jun 20264,623+9.8%
May 20264,211+6.4%
Apr 20263,957+4.0%
Mar 20263,804+1.6%
Feb 20263,745+1.8%
Jan 20263,678+0.7%
Dec 20253,653+0.7%
Nov 20253,628−1.1%
Oct 20253,668+0.6%
AUM at month end, Sept 2026
₹5,746 Cr
+56.6% since Oct 2025
Fig. 1.The AUM of the schemes Praveen Ayathan 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(Jun 2014 – now)

  1. Arbitrage Fund
  2. Nifty 50 Index Fund
  3. Nifty Next 50 Index Fund
  4. Equity Savings Fund
  5. Balanced Advantage Fund
  6. Multi Asset Allocation Fund
HSBC201520172019202120232025
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(Jun 2014 – now)

HSBC

6 now · since Jun 2014
  1. HSBC Arbitrage Fund
    Fund managerJun 2014—12y 5m₹3,633 CrArbitrageTER 1.47%
  2. HSBC Multi Asset Allocation Fund
    ArbitrageMar 2026—8m₹3,141 CrMulti Asset AllocationTER 1.06%

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

Performance(4 schemes)

Growth · Direct plans

Return as manager
+9.89%
Beat peers
2 of 4
vs peers
+2.14 pt
Longest run
3.9 years
Beat benchmark
Upcoming
Each scheme Praveen Ayathan ran, against its peers and benchmark over the same months. Source: AMFI. Click a column's header to sort by it.
HSBC Arbitrage Fund
Nov '22–now · 3.9y
+7.42%+7.50%−0.08 pt––
HSBC Nifty 50 Index Fund
Nov '22–now · 3.9y
+5.86%+7.36%−1.49 pt––
HSBC Nifty Next 50 Index Fund
Nov '22–now · 3.9y
+12.96%+7.36%+5.60 pt––
HSBC Equity Savings Fund
Oct '23–now · 3.0y
+12.36%+8.00%+4.37 pt––
Fig. 1.Each scheme Praveen Ayathan ran, against its peers and benchmark over the same months. Source: AMFI.

Works with(6 now)

  1. Mahesh ChhabriaArbitrage Fund · Multi Asset Allocation Fund · Equity Savings Fund · Balanced Advantage Fund4 schemes
  2. Mohd. Asif RizwiArbitrage Fund · Multi Asset Allocation Fund · Equity Savings Fund · Balanced Advantage Fund4 schemes
  3. Cheenu GuptaMulti Asset Allocation Fund · Equity Savings Fund2 schemes
  4. Rajeesh NairNifty 50 Index Fund · Nifty Next 50 Index Fund2 schemes
  5. Neelotpal SahaiBalanced Advantage Fund1 scheme
  6. Prakriti BankaBalanced Advantage Fund1 scheme

Career(May 2000 – Jul 2012)

Kotak Mahindra Asset Management Company Ltd. as Chief Dealer of Equities from

  1. Position not stated
    Sept 2005—Jul 20126y 11m

Dalal and Broacha Stock Broking Private Ltd. as Institutional Head Equity from

  1. Position not stated
    May 2000—Sept 20055y 5m

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