HSBC MF announces 15% div under Tax Saver Equity Fund

17 Oct 2014

HSBC Mutual Fund has announced 15 per cent dividend under dividend payout option of scheme named as “HSBC Tax Saver Equity Fund” on the face value of Rs 10 per unit.

The record date for the dividend is October 17. The latest NAV of the scheme is Rs 21.90.

The investment objective of the Equity – ELSS scheme is to provide long term capital appreciation by investing in a diversified portfolio of equity & equity related instruments of companies across various sectors and industries, with no capitalisation bias. The Fund may also invest in fixed income securities.

The performance of the scheme is benchmarked against BSE 200 Index (200 Cos). Aditya Khemani is the fund manager of the scheme.

Source: Dion Global Type: Mutual Fund Review

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HSBC MF announces 15% div under Tax Saver Equity Fund

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