HSBC Mutual Fund has announced a significant modification to the exit load structure of its HSBC Arbitrage Fund. According to reports from the fund house, the exit load has been reduced from 0.25% for redemption within 1 month to 0.25% for redemption within 15 days. This change represents a 15-day reduction in the redemption window for exit load applicability.
The new exit load structure is effective from October 27, 2026, as reported by HSBC Mutual Fund. The change applies to all new investments made in the fund from this date forward, indicating a comprehensive revision of the fund's redemption policy structure.
The modification specifically affects the HSBC Arbitrage Fund, which is positioned as a arbitrage-focused mutual fund. The change in exit load structure may impact the fund's liquidity profile and redemption patterns for investors, though the fund house has not provided specific details on how this change will affect the fund's overall performance or investor behavior.
According to the latest fund performance data, HSBC Flexi Cap Fund has shown mixed results with a NAV of ₹217.05 and total assets under management of ₹5,748.74 crore. The fund has delivered 13.93% returns over 3 years and 10.59% returns over 5 years, though it has faced challenges with -3.34% returns over 1 year and -2.43% returns over 3 months. The fund is managed by Abhishek Gupta since March 2024 and belongs to the Equity: Flexi Cap category with a suggested investment horizon of more than 3 years.
