Fundalysisby DARKHORSESTOCKS

Fund manager · HSBC

Sonal Gupta

Head of Research – Equity at HSBC. Runs 4 schemes worth ₹2,703 Cr.

  • Fund house

    HSBCThey run their schemes at HSBC.

  • AUM they run

    ₹2,703 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 · 18 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
Head of Research – Equity
Studied
PGDM (IIM Bangalore), CFA (CFA Institute), Bachelors in Mechanical Engineering
Age
47 years
Experience
22

Schemes now4

  1. HSBC Focused Fund₹1,751 Cr
  2. HSBC Global Emerging Markets Fund₹513 Cr
  3. HSBC Brazil Fund₹353 Cr
  4. HSBC Asia Pacific Ex Japan Dividend Yield Fund₹86.5 Cr

AUM they run(Jul 2021 – Sept 2026)

AUM at month end each month, and its change on the month before
12 months₹ CrChange
Sept 20262,703−69.1%
Aug 20268,761−5.8%
Jul 20269,304+0.9%
Jun 20269,222+2.3%
May 20269,010+1.3%
Apr 20268,892+10.0%
Mar 20268,085−8.7%
Feb 20268,860+1.1%
Jan 20268,763+3.0%
Dec 20258,505−3.9%
Nov 20258,854+1.6%
Oct 20258,711+4.6%
AUM at month end, Sept 2026
₹2,703 Cr
−69.0% since Oct 2025
Fig. 1.The AUM of the schemes Sonal Gupta 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(Jul 2021 – now)

  1. Business Cycles Fund
  2. Aggressive Hybrid Fund
  3. Value Fund
  4. Small Cap Fund
  5. ELSS Tax saver Fund
  6. Equity Savings Fund
  7. Infrastructure Fund
  8. Balanced Advantage Fund
  9. Global Emerging Markets Fund
  10. Brazil Fund
  11. Asia Pacific Ex Japan Dividend Yield Fund
  12. Multi Cap Fund
HSBC20222023202420252026
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(Jul 2021 – now)

HSBC

4 now · since Jul 2021
  1. HSBC Focused Fund
    Fund manager, equityDec 2023—2y 11m₹1,751 CrFocusedTER 1.05%
  2. HSBC Global Emerging Markets Fund
    OverseasDec 2022—3y 11m₹513 CrInternationalTER 0.50%
  3. HSBC Financial Services Fund
    Fund managerApr 2025—Sept 20261y 6mThematic

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

Performance(6 schemes)

Growth · Direct plans

Return as manager
+17.78%
Beat peers
4 of 6
vs peers
+1.11 pt
Longest run
3.9 years
Beat benchmark
Upcoming
Each scheme Sonal Gupta ran, against its peers and benchmark over the same months. Source: AMFI. Click a column's header to sort by it.
HSBC Aggressive Hybrid Fund
Nov '22–Sep '26 · 3.8y
+14.67%+12.17%+2.50 pt––
HSBC Asia Pacific Ex Japan Dividend Yield Fund
Dec '22–now · 3.9y
+21.73%+22.27%−0.54 pt––
HSBC Brazil Fund
Dec '22–now · 3.9y
+18.72%+22.27%−3.55 pt––
HSBC Global Emerging Markets Fund
Dec '22–now · 3.9y
+22.37%+22.00%+0.36 pt––
HSBC Focused Fund
Dec '23–now · 2.9y
+11.76%+9.90%+1.86 pt––
HSBC Financial Services Fund
Apr '25–Sep '26 · 1.4y
+16.83%+13.60%+3.23 pt––
Fig. 1.Each scheme Sonal Gupta ran, against its peers and benchmark over the same months. Source: AMFI.

Works with(1 now)

  1. Neelotpal SahaiFocused Fund1 scheme