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HSBC Equity Fund: Change in Load structure for Switch Transactions


The following changes shall be applicable for switch transcations under HSBC Equity Fund (HEF) with effect from March 17, 2009:

From HSBC Cash Fund (excluding STP) to HSBC Equity Fund:
Entry Load: NIL.
Exit Load: If such switch-ins are switched-out (amounts less than Rs. 5 crores) from HEF to any other scheme within 1 year, exit load of 2.25% shall be chargeable.

For all other switchs (including SIP / STP) into HEF:
Entry Load: 2.25% for amounts less than Rs. 5 crores.
Exit Load: 1% if such switch-ins of less than Rs. 5 crores are switched-out within 1 year.