HSBC Mutual Fund Acquires L&T Mutual Fund | Value Research People hereby notified that, HSBC Mutual Fund is to take over L&T Mutual Fund, by the end of November 2022
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HSBC Mutual Fund Acquires L&T Mutual Fund

hsbc-mutual-fund-acquires-lt-mutual-fund

People are hereby notified that, HSBC Mutual Fund is to take over L&T Mutual Fund by the end of November 2022. Pursuant to the acquisition, following mentioned changes have been approved to their schemes as follows:
Table 1. Merger of schemes between HSBC Mutual Fund and L&T Mutual Fund :

Table 2. Change in name of L&T Mutual Fund and HSBC Mutual Fund schemes:

Existing Name(s) New Name(s)
HSBC Debt Fund HSBC Medium to Long Duration Fund
L&T Arbitrage Opportunities Fund HSBC Arbitrage Fund
L&T Balanced Advantage Fund HSBC Balanced Advantage Fund
L&T Banking and PSU Debt Fund HSBC Banking and PSU Debt Fund
L&T Business Cycles Fund HSBC Business Cycles Fund
L&T Credit Risk Fund HSBC Credit Risk Fund
L&T Equity Savings Fund HSBC Equity Savings Fund
L&T Gilt Fund HSBC Gilt Fund
L&T India Value Fund HSBC Value Fund
L&T Money Market Fund HSBC Money Market Fund
L&T Nifty 50 Index Fund HSBC Nifty 50 Index Fund
L&T Nifty Next 50 Index Fund HSBC Nifty Next 50 Index Fund
L&T Resurgent India Bond Fund HSBC Medium Duration Fund
L&T Tax Advantage Fund HSBC ELSS Fund
L&T Triple Ace Bond Fund HSBC Corporate Bond Fund


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