HSBC mutual fund has extended the new fund-offering (NFO) period of HSBC Emerging Markets Fund from 25 February to 26 February 2008. HSBC Emerging Markets Fund is an open-ended scheme. The NFO price for the fund is Rs 10 per unit. The minimum investment is Rs 10,000 and in multiple of Re 1 thereafter. The primary objective of the scheme is to provide long-term capital appreciation by investing in India and in the emerging markets, in equity and equity related instruments, share classes, and units/securities issued by overseas mutual funds or unit trusts.
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