HSBC MF revises exit load in two of its debt schemes

Effective August 23, 2010, HSBC Mutual Fund has revised the exit load including SIP/STP under HSBC Ultra Short Term Bond Fund and HSBC Income Short Term Fund.

Earlier, the exit load used to be Nil under both the schemes. Now, it will be 0.25% if redeemed within 15 days from the date of allotment under HSBC Ultra Short Term Bond Fund and 0.25% if redeemed within 3 months from the date of allotment under HSBC Income Short Term Fund.