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HSBC Dynamic Fund

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)

Fund  Launch Date    Returns (%)  
    3-Month  6-Month  1-Year
DWS Investment Opportunity Jan-04 17.94 14.71 56.69
FT India Dynamic PE Ratio FOF Oct-03 8.09 6.42 28.01
Magnum NRI Inv Flexi Asset Jan-04 2.16 2.37 15.86
Optimix Asset allocator MM FOF Jul-06 6.77 0.67  -
UTI Variable Investment Nov-02 4.38 3.33 13.1