HSBC Arbitrage Fund Announces change in Exit Load Structure

Published on Aug 01, 2023 15:25

HSBC Mutual Fund has announced that the exit load of the following scheme stands revised with effect from August 01, 2023 (`Effective Date`). The details of existing and revised exit load are as follows:

Change in Exit Load:

Name of the Scheme	Existing Exit Load	Revised Exit Load
HSBC Arbitrage Fund	Exit Load: On and before 1 month from the date of allotment or Purchase applying First in First out basis: 0.5% After 1 month from the date of allotment or purchase: NIL	Exit Load: Any redemption / switch-out of units on or before 1 month from the date of allotment: 0.25% If units are redeemed or switched out after 1 Month from the date of allotment: NIL