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 |
