Insights

Change in the exit load structure of the HSBC Corporate Bond Fund

June 10, 2024 . FundsIndia Desk

The Investors are requested to note that the exit load of the following scheme stands revised with effect from June 07, 2024 (‘Effective Date’). The details of the existing and revised exit load are as follows:

Sr. No. Scheme Name Existing Provisions Revised Provisions
1 HSBC Corporate Bond Fund Exit Load: If the amount sought to be redeemed or switched out on or before 3 months from the date of allotment: 0.50%. If the amount sought to be redeemed or switched out is invested for a period of more than 3 months from the date of allotment: Nil Exit Load: Nil

The aforesaid changes will be applicable on a prospective basis from the Effective Date in respect of investments made in the above scheme on or after the Effective Date.
For more details, read the addendum.

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