MUTUAL FUNDS
HSBC MF introduces Fixed Term Series 140 (1147 days plan)
Apr-16-2019

HSBC Mutual Fund (MF) has launched the HSBC Fixed Term Series 140 (1147 days plan), a close ended income scheme. The NFO opens for subscription on April 16, 2019 and closes on April 25, 2019. No entry load and exit load will be applicable for the scheme. The minimum subscription amount is Rs 5,000 & in multiples of Re 1 thereafter. 

The scheme’s performance will be benchmarked against Crisil Composite Bond Fund Index and its fund manager is Kapil Punjabi. 

The investment objective of the scheme is to seek generation of returns by investing in a portfolio of fixed income instruments which mature on or before the maturity date of the Plan.

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