28-Nov-2022 •News Desk
People are hereby notified that, there has been some below mentioned changes in surviving schemes of HSBC Mutual Fund pursuant to the merger of L&T Mutual Fund into HSBC Mutual Fund as follows-
1. Following are the fund managers of the surviving schemes of HSBC MF , with effect from November 26, 2022:
Surviving Scheme(s) | Fund Manager(s) |
HSBC Aggressive Hybrid Fund |
Cheenu Gupta and
Shriram Ramanathan |
HSBC Arbitrage Fund |
Ritesh Jain and
Praveen Ayathan |
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund | B. Aswin Kumar |
HSBC Balanced Advantage Fund |
Ritesh Jain and
Neelotpal Sahai |
HSBC Banking and PSU Debt Fund |
Mahesh A Chhabria and
Jalpan Shah |
HSBC Brazil | B. Aswin Kumar |
HSBC Business Cycles Fund |
Ankur Arora and
Venugopal Manghat |
HSBC Conservative Hybrid Fund |
Ritesh Jain and
Cheenu Gupta |
HSBC Corporate Bond Fund |
Jalpan Shah and
Shriram Ramanathan |
HSBC Credit Risk Fund |
Kapil Punjabi and
Shriram Ramanathan |
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund |
Ritesh Jain and
Kapil Punjabi |
HSBC Dynamic Bond Fund |
Shriram Ramanathan and
Jalpan Shah |
HSBC ELSS Fund |
Gautam Bhupal and
Cheenu Gupta |
HSBC Equity Savings Fund |
Ritesh Jain and
Cheenu Gupta |
HSBC Flexi Cap Fund |
Venugopal Manghat and
Vihang Naik |
HSBC Focused Fund |
Ankur Arora and
Neelotpal Sahai |
HSBC Gilt Fund |
Shriram Ramanathan and
Jalpan Shah |
HSBC Global Emerging Markets Fund | B. Aswin Kumar |
HSBC Global Equity Climate Change FoF | B. Aswin Kumar |
HSBC Infrastructure Fund |
Gautam Bhupal and
Venugopal Manghat |
HSBC Large and Mid Cap Fund |
Cheenu Gupta and
Neelotpal Sahai |
HSBC Large Cap Fund |
Ankur Arora and
Neelotpal Sahai |
HSBC Liquid Fund |
Shriram Ramanathan and
Kapil Punjabi |
HSBC Low Duration Fund |
Mahesh A Chhabria and
Shriram Ramanathan |
HSBC Managed Solutions India Conservative Fund | Gautam Bhupal |
HSBC Managed Solutions India Growth Fund | Gautam Bhupal |
HSBC Managed Solutions India Moderate Fund | Gautam Bhupal |
HSBC Medium Duration Fund |
Kapil Punjabi and
Shriram Ramanathan |
HSBC Medium to Long Duration Fund |
Shriram Ramanathan and
Jalpan Shah |
HSBC Midcap Fund |
Cheenu Gupta and
Vihang Naik |
HSBC Money Market Fund |
Kapil Punjabi and
Shriram Ramanathan |
HSBC Nifty 50 Index Fund | Praveen Ayathan |
HSBC Nifty Next 50 Index Fund | Praveen Ayathan |
HSBC Overnight Fund |
Mahesh A Chhabria and
Kapil Punjabi |
HSBC Short Duration Fund |
Shriram Ramanathan and
Jalpan Shah |
HSBC Small Cap Fund |
Venugopal Manghat and
Vihang Naik |
HSBC Tax Saver Equity Fund |
Cheenu Gupta and
Gautam Bhupal |
HSBC Ultra Short Duration Fund |
Mahesh A Chhabria and
Jalpan Shah |
HSBC Value Fund |
Vihang Naik and
Venugopal Manghat |
2. Following are the change in benchmark of the surviving schemes of the AMC, with effect from November 28, 2022:
Name of the Scheme(s) | Revised Benchmark |
HSBC Overnight Fund | NIFTY 1 D Rate Index |
HSBC Conservative Hybrid Fund | NIFTY 50 Hybrid Composite Debt 15:85 Index |
HSBC ELSS Fund | NIFTY 500 TRI |
HSBC Value Fund | NIFTY 500 TRI |
HSBC Business Cycles Fund | NIFTY 500 TRI |
HSBC Liquid Fund | Nifty Liquid Index B-I |
HSBC Medium to Long Duration Fund | NIFTY Medium to Long Duration Debt Index B-III |
HSBC Ultra Short Duration Fund | NIFTY Ultra Short Duration Debt Index B-I |
3. Change in minimum application amount:
Scheme(s) | Min. Application Amount |
HSBC Liquid Fund
and
HSBC Overnight Fund |
For Growth Option:
Rs. 5,000/- and in multiples of Rs. 1/- thereafter For Daily & Weekly IDCW Payout & Reinvestment Plan: Rs. 1,00,000/- and in multiples of Rs. 1/- thereafter |
Other Open ended schemes | Rs. 5,000/- and in multiples of Rs. 1/- thereafter |
HSBC ELSS Fund | Rs. 5,00/- and in multiples of Rs. 500/- thereafter |