| Back |
| Company |
HSBC Mutual Fund |
| Scheme Name |
HSBC Nifty 50 Index Fund (IDCW) |
| Fund Manager |
Praveen Ayathan |
| Minimum Investment |
5000 |
| Objective |
The scheme will adopt a passive investment strategy. The scheme will invest in stocks comprising the Nifty 50 index in the same proportion as in the index with the objective of achieving returns equivalent to the Total Returns Index of Nifty 50 index by minimizing the performance difference between the benchmark index and the scheme. The Total Returns Index is an index that reflects the returns on the index from index gain/ loss plus dividend payments by the constituent stocks. There is no assurance that the investment objective of the Scheme will be realized. |
| Entry Load % |
Nil |
| Exit Load % |
If the units redeemed or switched out are upto 10% of the units purchased or switched in (the limit) within 1 month from the date of allotment: Nil. If units redeemed or switched out are over and above the limit within 1 month from the date of allotment: 1% If units are redeemed or switched out on or after 1 month from the date of allotment: Nil. |
| Option Type |
NA |
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