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) |
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