HSBC Mutual Fund Announces Change in Potential Risk Class (PRC) & Benchmark under its Two schemes

Published on Sep 04, 2023 10:27

HSBC Mutual Fund has announced that the Potential Risk Class (PRC) & Benchmark of following schemes of HSBC Mutual Fund shall stand revised with effect from September 4, 2023:

Changes in Benchmark:

Name of Scheme	Existing	Revised
HSBC Short Duration Fund	NIFTY Short Duration Debt Index B-II	NIFTY Short Duration Debt Index A-II
HSBC Medium to Long Duration Fund	NIFTY Medium to Long Duration Debt Index B-III	NIFTY Medium to Long Duration Debt Index A-III

Changes in Potential Risk Class (PRC):

Name of Scheme	Existing	Revised
HSBC Short Duration Fund	B-II (Moderate interest rate risk and moderate Credit Risk)	A-II (Moderate interest rate risk and Relatively Low Credit Risk)
HSBC Medium to Long Duration Fund	B-III (Relatively High interest rate risk and moderate Credit Risk)	A-III (Relatively High interest rate risk and Relatively Low Credit Risk)