Resumption of subscriptions in HSBC Credit Risk Fund and HSBC Low Duration Fund

HSBC Mutual Fund has announced the resumption of subscription in HSBC Credit Risk Fund and HSBC Low Duration Fund, with effect from April 29, 2025. Investors can now invest in the scheme through lumpsum, switch-ins, and new SIP (Systematic Investment Plan) or STP (Systematic Transfer Plan) registrations.

Previously, new investments in the fund were temporarily suspended from April 9, 2025, as the scheme had received proceeds from the insolvency resolution of Reliance Broadcast Network Ltd. In order to protect the interest of existing investors, the recovery proceeds have been accounted for in the NAV as of April 28, 2025, and the scheme has reopened for subscriptions from tomorrow.