Fund News

Load Revision in HSBC Equity Fund

Last updated: 08-Jul-2024•News Desk

HSBC Mutual Fund has revised the load structure in HSBC Equity Fund with effect from August 1, 2003.

HSBC Mutual Fund has revised the load structure in HSBC Equity Fund with effect from August 1, 2003.Investments above Rs 2 crores will not be charged an entry load. For all other investments, an entry load of 2 per cent will be applicable.

The fund has announced a change in the load structure for the fourth time in the past five months. Currently, the fund charges an entry load of 2 per cent for investments below Rs. 25 lakhs and 1 per cent for investments of Rs. 25 lakhs and above but below Rs.2 crores.

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