HSBC Mutual Fund launches HSBC Ultra Short Duration Fund

Mutual Fund
Jan 14, 2020 by Advisorkhoj Team | Mutual Fund | 4 Downloaded

NFO period: 14th January – 28th January, 2020

Highlights of the NFO:

  • Scheme type – An open ended ultra-short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 months to 6 months

  • Investment objective – The investment objective of the scheme is to provide liquidity and generate reasonable returns with low volatility through investment in a portfolio comprising of debt & money market instruments. However, there is no assurance that the investment objective of the scheme will be achieved.

  • Product suitability – The product is suitable for investors who are seeking income over short term with low volatility. By investing in debt & money market instruments such that the Macaulay Duration of the portfolio is between 3 months- 6 months.

  • Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter

  • Plan/ Options available – Regular and Direct Plan having Growth Option and Dividend Option (Payout and Reinvestment facility).

  • Fund Manager – Kapil Punjabi

  • Benchmark – CRISIL Ultra Short Term Debt Index

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

Locate HSBC Mutual Fund Advisors in your city
comments powered by Disqus