HSBC MF Files An Offer Document

HSBC MF has filed an offer document for HSBC Small Cap Fund. This is a Close Ended Equity Scheme. Face value of per unit is Rs. 10 each. The scheme will offer dividend and growth option. Dividend option would have payout and dividend reinvestment options. The minimum application amount is Rs.10000 and in multiples of Re.1 thereafter. Scheme will not charge any entry load during NFO period. After conversion into open-ended scheme there will be 2.25% of entry load on investments less than Rs. 5 crores. Scheme will charge an exit load of 2% if investment is redeemed within one year from the date of allotment. There will be 1.5% and 1% of exit load charged for the investments redeemed within two years and three years time period respectively. The objective of the scheme is to provide long-term capital appreciation primarily from a diversified portfolio of equity and equity related instruments of small cap companies.