Introduction of Exit Load in Eleven Schemes of HSBC Mutual Fund

HSBC Mutual Fund has proposed to introduce an exit load of 1% if redeemed within 1 year from the date of allotment in the following funds: HSBC Equity Fund, HSBC India Opportunities Fund, HSBC Midcap Equity Fund, HSBC Dynamic Fund, HSBC Infrastructure Equity Fund, HSBC Emerging Markets Fund, HSBC Brazil Fund, HSBC Managed Solutions India Conservative Fund, HSBC Managed Solutions India Growth Fund, HSBC Managed Solutions India Moderate Fund, HSBC Monthly Income Fund, HSBC Asia Pacific (Ex Japan) Dividend Yield Fund and HSBC Global Consumer Opportunities Fund.

Earlier, all these funds were charging Nil load.