Name of Fund: HSBC Dynamic Fund
Scheme: Open-end Asset Allocation Fund
Objective: The fund proposes to allocate assets to both equity and debt markets based upon the market view. This allocation shall be steadily monitored and as and when the market movements demand, a switch would be made.
Asset Allocation: The fund may invest upto 100% of its assets in equity and equity related instrument or upto 100% in debt and money market instruments.
Fund Opens: August 3, 2007
Fund Closes: August 30, 2007
Face Value: Rs 10
Investment Options: Growth, Dividend Payout and Dividend Reinvestment
Entry Load: An entry load of 2.50% would be charged for investment below 5 crores.
Exit Load: An exit load of 1% would be charged for investment below Rs 5 crores if redeemed within one year from the date of allotment.
Minimum Investment Amount: Rs 10, 000
Benchmark Index: BSE 200
Fund Manager: Jitendra Sriram and Mihir Vora (for equity portion)
Gordon Rodrigues (for fixed income securities)