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HSBC Mutual Fund announced the merger of HSBC Small Cap Fund into HSBC Midcap Equity Fund effective from April 26, 2014. Following the merger, HSBC Small Cap Fund will cease to exist. The asset allocation section of HSBC Midcap Equity Fund will be changed to Equity and equity related securities of companies whose market capitalization - does not exceed the capitalization of the largest constituent and is not less than the market capitalization of the smallest constituent of BSE MID CAP Index.

 

The existing unit holders, who do not approve of the above merger, have an option to exit the scheme anytime between March 25, 2014 to April 25, 2014 without paying any exit load.

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

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