HSBC opens 3 international mutual funds to fresh SIPs, what investors need to know before investing
New Delhi, Aug. 22 -- Investors looking to add international exposure through mutual fund SIPs now have three more schemes to choose from. HSBC Mutual Fund has reopened subscriptions in three international mutual funds, giving investors a fresh route to invest in global markets through Indian mutual funds.
The schemes are HSBC Global Emerging Markets Fund, HSBC Asia Pacific (ex-Japan) Dividend Yield Fund and HSBC Brazil Fund. According to Value Research data, all three reopened to fresh SIPs and lump-sum investments from 18 August, with investments capped at Rs.2 lakh a month.
The reopening comes at a time when access to international mutual funds remains constrained by the industry's overseas investment limits. This makes the latest HS...
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