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Scheme Information Document for HSBC Ultra Short Duration Fund

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Scheme Information Document for HSBC Ultra Short Duration Fund Scheme Information Document HSBC Ultra Short Duration Fund (An open ended ultra-short term debt scheme investing in instruments such that the Macaulay Duration of the portfolio is between 3 months to 6 months) (Please refer Page no. 9 for explanation on MacaulayÊs duration) Continuous Offer of Units at NAV based prices The particulars of the Scheme have been prepared in accordance with the Securities and Exchange Board of India (Mutual Funds) Regulations 1996, as amended till date, and filed with Securities and Exchange Board of India (SEBI), along with a Due Diligence Certificate from the AMC. The units being offered for public subscription have not been approved or recommended by SEBI nor has SEBI certified the accuracy or adequacy of the Scheme Information Document. The Scheme Information Document sets forth concisely the information about the scheme that a prospective investor ought to know before investing. Before investing, investors should also ascertain about any further changes to this Scheme Information Document after the date of this Document from the Mutual Fund / Investor Service Centers / Website / Distributors or Brokers. Investors in the Scheme are not being offered any guaranteed / assured returns. Investors are advised to consult their Legal / Tax and other Professional Advisors in regard to tax/legal implications relating to their investments in the Scheme before making decision to invest in or redeem the Units. The investors are advised to refer to the Statement of Additional Information (SAI) for details of HSBC Mutual Fund, Tax and Legal issues and general information on www.assetmanagement.hsbc.co.in. SAI is incorporated by reference is legally a part of the Scheme Information Document. For a free copy of the current SAI, please contact your nearest Investor Service Centre or log on to www.assetmanagement.hsbc.co.in. The Scheme Information Document should be read in conjunction with the SAI and not in isolation. This Scheme Information Document is dated April 30, 2021. Product Labeling: To provide investors an easy understanding of the kind of product / scheme they are investing in and its suitability to them, the product labelling is as under: Scheme Name Riskometer HSBC Ultra Short Duration Fund Moderately Moderate High (An open ended ultra-short term debt scheme investing in instruments such that the Macaulay High Low to V Duration of the portfolio is between 3 months to 6 months) Moderate ery High Low This product is suitable for investors who are seeking*: RISKOMETER Income over short term with low volatility. Investment in debt & money market instruments such that the Macaulay Duration of the Investors understand that their principal portfolio is between 3 months - 6 months.^ will be at Low to Moderate risk * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. ^ The Macaulay duration is the weighted average term to maturity of the cash flows from a bond. The weight of each cash flow is determined by dividing the present value of the cash flow by the price. Note on Risk-o-meters: Please note that the above risk-o-meter is as per the product labelling of the Scheme available as on the date of this Scheme Information Document. As per SEBI circular dated October 5, 2020 on product labelling (as amended from time to time), risk-o-meter will be calculated on a monthly basis based on the risk value of the scheme portfolio based on the methodology specified by SEBI in the above stated circular. The AMC shall disclose the risk-o-meter along with portfolio disclosure for all their schemes on their respective website and on AMFI website within 10 days from the close of each month. Any change in risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme. Sponsor: Trustee: Asset Management Company: HSBC Securities and Capital Markets (India) Private Limited Board of Trustees HSBC Asset Management (India) Private Limited Regd. Office: 52/60, Mahatma Gandhi Road, 16, V. N. Road, Fort, Regd. & Corp. Office: 16, V. N. Road, Fort, Fort, Mumbai 400 001, India. Mumbai 400 001, India Mumbai 400 001, India SMS INVEST to 56767 Toll free: 1800 200 2434 / 1800 258 2434 Visit: www.assetmanagement.hsbc.co.in TABLE OF CONTENTS Page No. Page No. Highlights / Summary of the Scheme ........................... 1 Demat Account ................................................................ 25 Restrictions, if any, on the right to freely retain or SECTION I - INTRODUCTION dispose off units .............................................................. 25 Risk Factors ................................................................... 2 Sale, Repurchase and Switch of Units on On-going Standard Risk Factors .................................................... 2 Basis ................................................................................. 28 Scheme Specifi c Risk Factors ....................................... 2 Ongoing price for subscription /switch-in ....................... 29 Requirement of Minimum Investors in the Scheme ... 4 Ongoing price for redemption / switch outs ................... 29 Special Considerations .................................................. 4 Cut off timings for subscriptions / redemptions/switch- Defi nitions ...................................................................... 6 ins/switch-outs ................................................................ 29 Due Diligence Certifi cate .............................................. 8 Where can the applications for purchase Redemptions be submitted? .................................................................. 30 SECTION II - INFORMATION ABOUT THE SCHEME Minimum amount for purchase /Switch-in/Redemptions 30 Type of the Scheme ......................................................... 9 Minimum balance to be maintained and consequences of Investment Objective ....................................................... 9 non maintenance ............................................................. 30 Asset Allocation of the Scheme ....................................... 9 Special Products / Facilities available/offered to Where will the Scheme Invest? ....................................... 9 the investors under the Scheme ....................................... 30 Concept of Macaulay Duration ....................................... 9 Account Statement (for investors holding units in Portfolio rebalancing ....................................................... 9 physical mode) ................................................................ 31 Change in Investment Pattern ......................................... 10 Dividends and Distributions ............................................ 33 Securities / Stock Lending by the Mutual Fund ............... 10 Delay in payment of dividend proceeds .......................... 33 Special Considerations .................................................... 10 Redemption / Repurchase proceeds ................................. 33 Trading in Derivatives .................................................... 10 Delay in payment of Redemption / Repurchase proceeds 33 Valuation of Derivative Products .................................... 11 Duration of the Scheme / Winding up .............................. 33 Investment Strategies ....................................................... 11 Procedure and Manner of Winding up ............................ 33 Investment Approach and Risk Control ........................... 12 Periodic Disclosures ...................................................... 34 Procedure followed for Investment Decisions ................. 12 NAV Information ............................................................ 34 Investments by the AMC in the Scheme ......................... 13 Portfolio Disclosure ........................................................ 34 Segregated Portfolio ......................................................... 13 Half yearly Disclosures: Financial Results ..................... 34 Product Differentiation .................................................... 15 Annual Report ................................................................. 34 Fundamental Attributes ................................................... 17 Associate Transactions .................................................... 34 Benchmark Index ............................................................. 17 Taxation ........................................................................... 34 Who manages The Scheme .............................................. 17 Investor Services ............................................................. 35 Investment Restrictions ................................................... 18 Scheme Performance ....................................................... 19 Computation of NAV ...................................................... 35 Scheme Portfolio Holdings .............................................. 19 Fractional Units ................................................................ 35 Portfolio Turnover ........................................................... 19 SECTION IV - FEES AND EXPENSES Investment by Directors, Fund Managers and Key NFO Expenses ................................................................. 36 Personnel of the AMC in Scheme .................................... 20 Annual Scheme Recurring Expenses ............................... 36 SECTION III - UNITS AND OFFER Goods & Service Tax
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