HSBC Mutual Fund has launched its maiden Exchange Traded Fund (ETF) offerings in India with the introduction of HSBC Gold ETF and HSBC Gold ETF Fund of Fund (FoF), marking the fund house’s entry into the ETF segment in the country. The new schemes aim to provide investors with a convenient way to gain exposure to gold through financial instruments.
The New Fund Offer (NFO) for HSBC Gold ETF is open from March 16 to March 18, 2026, while the HSBC Gold ETF Fund of Fund will be available for subscription from March 19 to March 25, 2026. Both schemes will be managed by Dipan Parikh. During the NFO period, investors can participate with a minimum investment of Rs 5,000 and in multiples of Re 1 thereafter.
Commenting on the launch, Kailash Kulkarni, CEO of HSBC Mutual Fund, said gold continues to hold a strong place in Indian households and is increasingly recognised as an important asset allocation pillar that helps diversify portfolios and hedge against market volatility. He noted that gold ETFs allow investors to gain exposure to gold without the challenges of physical storage or handling.
Venugopal Manghat, CIO – Equity at HSBC Mutual Fund, said gold’s low correlation with equities makes it a valuable diversifier and an effective hedge during periods of market volatility. He added that disciplined allocation to gold can help investors manage portfolio risk and maintain long-term financial stability.
In Guwahati, investor interest in gold-based financial products has been gradually rising in the region, especially among urban investors looking for alternatives to physical gold purchases. With gold traditionally holding strong cultural and investment value in Assam, the launch of HSBC’s gold ETF products is expected to attract participation from the Guwahati market, offering investors a regulated and convenient way to benefit from domestic gold price movements while diversifying their portfolios.
