Last updated: 08-Jul-2024•News Desk
HSBC Mutual Fund has approved the merger of HSBC Floating Rate Fund - Long Term Plan into HSBC Ultra Short Term Bond Fund. The merger shall be effective from May 25, 2016 and consequently, HSBC Floating Rate Fund - Long Term Plan will cease to exist from the effective date. The exit option will be available to the unit holders from April 25, 2016 to May 24, 2016.
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