HSBC Mutual Fund launches HSBC Multi Asset Allocation Fund

NFO period: 08th February ? 22nd February, 2024

Highlights of the NFO:

  • Scheme type ? An open ended scheme investing in Equity & Equity Related instruments, Debt & Money Market Securities and Gold / Silver ETFs

  • Investment objective ? The aim of the fund is to generate long-term capital growth and generate income by investing in Equity & Equity Related instruments, Debt & Money Market Securities and Gold / Silver ETFs. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

  • Product suitability ? The product is suitable for investors who are seeking long term wealth creation by investing in equity and equity related securities, fixed income instruments and Gold / Silver ETFs.

  • Minimum Application Amount ? First investment is Rs. 5,000/? and in multiples of Rs. 1/- thereafter

  • Plan/ Options available ? Regular and Direct Plan having Growth Option and Income Distribution cum Capital Withdrawal option (IDCW) with Payout of IDCW and Reinvestment of IDCW sub-option.

  • Fund Manager ? Ms. Cheenu Gupta (For Domestic equities), Mr. Dipan Parikh (For Gold / Silver ETFs), Mr. Mahesh Chhabria (For Fixed Income), Mr. Sonal Gupta (For foreign securities)

  • Benchmark ? S&P BSE 200 TRI (65%) + NIFTY Short Duration Debt Index (20%) +Domestic Price of Gold (10%) +Domestic Price of Silver (5%)

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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