HSBC MF launches Quarterly Interval Fund

Name of Fund: HSBC Quarterly Interval Fund Plan III

Scheme: Debt oriented interval scheme.

Objective: The objective of the scheme is to seek generation of returns by investing in a portfolio of fixed income instruments normally maturing in line with the time profile of the respective plan.

Asset Allocation: The fund will invest 0%-100% in debt instruments including securitised debt. The fund will invest 0%-100% in money market instruments.

Fund Opens: 26 December 2007

Fund Closes: 26 December 2007

Face Value: Rs 10

Investment Options: HSBC Quarterly Interval Fund Plan III offers investors with regular & institutional options and sub-options of dividend reinvestment & growth. The dividend and growth options will have two facilities viz. automatic renewal and automatic redemption with the default facility as automatic redemption.

Entry Load: There will no entry load charged for the scheme due to its close-ended structure.

Exit Load: The scheme charges an exit load of 0.50%, if the investment is redeemed any time other than specified transaction period. Whereas there will be no exit load charged on the redemption made on or after specified transaction period.

Minimum Investment Amount: The minimum investment under regular plan is Rs 10,000 and in multiple of Re 1 thereafter. The minimum investment under institutional plan is Rs 1 crore and in multiple of Re 1 thereafter.