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HSBC Income & HSBC Flexi Debt Fund: Revision in Exit Load


HSBC Mutual Fund has revised the exit load of HSBC Flexi Debt, HSBC Income Short-term plan and HSBC Income Investment plan from June 25, 2012. The revised exit load will be....

HSBC Income Short-term plan
The current exit load (0.50% if switched out within 6 months of investment) will be waived off if switches are made from HSBC Income Short-term plan to certain schemes i.e. HSBC MIP, Dynamic, Emerging Markets, Flexi Debt, Income Investment Plan, all equity and fund of fund schemes. However, it will still charge 0.50% if redeemed out within 6 months of investment.

HSBC Income Investment Plan & HSBC Flexi Debt
Now, the schemes will charge 0.75% instead of 0.50% if redeemed out within 6 months of investment.