Fund News

Merger of HSBC Floating Rate Short Term into HSBC Cash Fund

Merger of HSBC Floating Rate Short Term into HSBC Cash Fund

HSBC Mutual Fund has approved the merger of the relevant options/ sub-options of HSBC Floating Rate Fund Short Term Plan with the like options/ sub-options of HSBC Cash Fund with effect from September 02, 2011.
All the scheme features of HSBC Cash Fund will remain unchanged post the merger. However, the proposed merger of HSBC Floating Rate Fund Short Term Plan will be in the nature of a change in the fundamental attributes.



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