NFO Alert: HSBC Mutual Fund launches financial services fund
HSBC Mutual Fund has launched HSBC Financial Services Fund, an open-ended equity scheme investing in the financial services sector.
Budget with ET
Tax calculator
The new fund offer or NFO of the scheme will open for subscription on February 6 and close on February 20.
Also Read | Defence mutual funds down by 20% in six months. Will the scenario change post budget?
Best MF to invest
Looking for the best mutual funds to invest? Here are our recommendations.
View Details» <div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-117941985»>The financial services sector plays a crucial role in economic growth and development of the country. Driven by increasing financial inclusion, digitalisation, and supportive regulatory policies along with the shift towards Indian households channelising their savings into financial assets, has meant that the sector is on a growth trajectory. The HSBC Financial Services Fund aims to capitalise on the growth opportunities and potential of the financial services sector, according to a release by the fund house.
The scheme will track the BSE Financial Services Index TRI and will be managed by Gautam Bhupal. This product is suitable for investors seeking to create wealth over the long term.
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Basics of Generative AI: Unveiling Tomorrows Innovations
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Generative AI for Dynamic Java Web Applications with ChatGPT
By —
