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Ruchir Parekh resigns from HSBC Mutual Fund


HSBC Mutual Fund has changed the fund managers of the following schemes, as Mr. Ruchir Parekh has resigned from the AMC. The change will be effective from October 18, 2014.

Scheme NameExisting Fund ManagersRevised Fund Managers
HSBC MIP-Savings & Regular PlanAditya Khemani, Ruchir Parekh & Sanjay ShahAditya Khemani Sanjay Shah
HSBC Income Plan-Investment PlanSanjay Shah & Ruchir ParekhSanjay Shah
HSBC Flexi Debt FundSanjay Shah & Ruchir ParekhSanjay Shah
HSBC Income Plan-Short Term PlanSanjay Shah & Ruchir ParekhSanjay Shah & Piyush Harlalka
HSBC Floating Rate Fund-Long Term PlanSanjay Shah & Ruchir ParekhKapil Punjabi & Piyush Harlalka
HSBC Ultra Short Term Bond FundSanjay Shah & Ruchir ParekhKapil Punjabi & Piyush Harlalka
HSBC Cash FundKapil Punjabi & Ruchir ParekhKapil Punjabi
HSBC Emerging Markets FundPiyush HarlalkaAnitha Rangan
HSBC Brazil FundPiyush HarlalkaAnitha Rangan
HSBC Asia Pacific (Ex Japan) Dividend Yield FundSanjay Shah & Piyush HarlalkaAnitha Rangan & Sanjay Shah
HSBC Managed Solutions Fund-Conservative, Growth & ModerateSanjay Shah, Gaurav Mehrotra & Sanjay Shah Anitha Rangan, Gaurav Mehrotra & Sanjay Shah
HSBC Capital Protection Oriented Fund-Series I-Plan IAmaresh Mishra & Sanjay ShahAmaresh Mishra & Sanjay Shah
HSBC Fixed Term Series (91, 94, 95, 96, 98)Ruchir ParekhPiyush Harlalka
HSBC Fixed Term Series (97, 99, 100)Ruchir ParekhKapil Punjabi
HSBC Fixed Term Series (101,102, 105, 106, 107, 109)Ruchir ParekhSanjay Shah