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 |
