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Objective : HSBC Advantage India Fund (HAIF) seeks to generate long term capital growth from an actively managed portfolio of equity and equity related securities by investing primarily in sectors, areas and themes that play an important role in, and/or benefit from India’s progress, reform process and economic development.
Structure : Open-ended Equity Scheme
Inception Date : January 27, 2006
Plans and Options under the Plan :
Growth & Dividend Option
Face Value (Rs/Unit): Rs. 10
Minimum Investment :
Rs.5000
Entry Load : For investments below Rs. 5 crores, Entry load is 2.25%. For Investments of Rs. 5 crores and above, Entry Load is Nil.
Exit Load : If redeemed before 6 Months; and Amount less than 5 crores, Exit load is 0.5%. For Amount greater than 5 crore, Exit load is Nil.
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