HSBC Mutual Fund launches HSBC CRISIL IBX Gilt June 2027 Index Fund

NFO period: 06^th March – 20^th March, 2023

Highlights of the NFO:

• Scheme type – An open-ended Target Maturity Index Fund tracking CRISIL-IBX Gilt Index - June 2027


• Investment objective – The investment objective of the scheme is to provide returns corresponding to the total returns of the securities as represented by the CRISIL-IBX Gilt Index - June 2027 before expenses, subject to tracking errors. However, there is no assurance that the investment objective of the scheme will be achieved.


• Product suitability – The product is suitable for investors who are seeking income over target maturity period by investing in Government Securities and Tbills.


• Minimum Application Amount – First investment is Rs. 5000/– and in multiples of Rs. 1/- thereafter


• Plan/ Options available – Regular and Direct Plan having Growth Option and Income Distribution cum Capital Withdrawal option (IDCW) with Payout of IDCW and Reinvestment of IDCW sub-option.


• Fund Manager – Mr. Ritesh Jain and Mr. Kapil Lal Punjabi


• Benchmark – CRISIL-IBX Gilt Index - June 2027