HSBC Mutual Fund has launched new HSBC Dynamic Fund. NFO period from 3 August-30August 2007. The scheme objective is to provide long term capital appreciation by allocating funds in equity and equity related instruments. It also has the flexibility to move, entirely if required, into debt instruments in times that the view on equity markets seems negative.
The fund will invest up to 0%-100% in equity and equity related instruments and 0%-100% in debt and money market instruments. However investment in securitised debt will up to 30% of the corpus of the scheme.
Fund Opens: 3 August 2007
Fund Closes: 30 August 2007
Face Value: Rs 10 with applicable entry load.
Investment Options: The scheme offers dividend and growth option. Under the dividend option the scheme offers reinvestment and payout option.
Entry Load: The scheme charge an entry load of 2.50% for investment less than Rs 5 crore. There will no entry load charged for the investment above Rs 5 crore.
Exit Load: The scheme charges an exit load of 1.00% for the investment less than Rs 5 crore, redeemed within one year of investment.
Minimum Investment Amount: Rs 10,000.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment