HSBC Mutual Fund launches HSBC Fixed Term Series 139

Feb 12, 2019 by News Team

NFO period: 12th February – 20th February, 2019

Highlights of the NFO:

  • Scheme type – A close-ended income scheme

  • Investment objective – To seek generation of returns by investing in a portfolio of fixed income instruments which mature on or before the maturity date of the Plan. However, there is no assurance or guarantee that the investment objective of the Plan will be achieved. The Plan does not assure or guarantee any returns.

  • Product suitability – The product is suitable for investors who are seeking income over the term of the Plan; by investing in debt/money market instruments.

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

  • Plan/ Options available – Regular option and Direct option having Growth and Dividend Payout option.

  • Fund Manager – Kapil Punjabi

  • Benchmark – CRISIL Composite Bond Fund Index

  • Maturity – 1163 days from the date of allotment

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