; HSBC Emerging Markets Fund
Documents
Resources
Learning Center
Upload
Plans & pricing Sign in
Sign Out
Your Federal Quarterly Tax Payments are due April 15th Get Help Now >>

HSBC Emerging Markets Fund

VIEWS: 347 PAGES: 7

NFO Application Form. Please mentioned broker code ARN- 0155 (NJ Indiainvest) & sub-broker code 54934 on all downloaded forms so that your application will be catured in our system and you can able to view your portofolio online. For more information please email to drashti.investments@rediffmail.com

More Info
  • pg 1
									HSBC Investments

HSBC Emerging Markets Fund (HEMF)
                           An open-ended scheme
                                                                                                                                        New Fund Offer Opens on 28 January, 2008
Issue of Units of Rs.10/- per unit for cash plus applicable load during the New Fund Offer and at NAV
                                                                                                                                        New Fund Offer Closes on 25 February, 2008
based prices upon re-opening.
This Key Information Memorandum (KIM) sets forth the information, which a prospective investor ought to know
before investing. For further details of the Scheme / Mutual Fund, due diligence certificate by the AMC, Key Personnel,      Earliest closing may take effect any day between 28 January,
investors’ Rights & Services, Risk Factors, Penalties & Pending Litigations, Associate Transactions etc. investors           2008 & 25 February, 2008 if subscriptions aggregating USD 300
should, before investment, refer to the Offer Document available free of cost at any of the Investor Service Centres         million are received in the Scheme.
or distributors or from the website of the AMC, www.hsbcinvestments.co.in.
                                                                                                                             Scheme re-opens for continuous sale and re-purchase within 30 days
The particulars of the Scheme have been prepared in accordance with the Securities and Exchange Board of India               from closure of the New Fund Offer.
(Mutual Funds) Regulations, 1996, as amended till date and filed with Securities and Exchange Board of India (SEBI).
The Units being offered for public subscription have not been approved or disapproved by SEBI nor has SEBI certified
the accuracy or adequacy of this KIM.                                                                                        The Trustees /AMC reserve the right to extend the closing date of the
                                                                                                                             New Fund Offer Period, subject to the condition that the subscription
This Key Information Memorandum is dated 15 January, 2008.                                                                   to the New Fund Offer shall not be kept open for more than 30 days.


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, Fort, Mumbai - 400 001.              Office: 314, D. N. Road, Fort, Mumbai - 400 001.          Corp. & Regd. Office: 314, D. N. Road, Fort, Mumbai - 400 001.

                                                                   KEY INFORMATION MEMORANDUM
                                    Investment Objective                                                                                 Name of the Fund Managers
To provide long term capital appreciation by investing in India and in the emerging markets, in        Mihir Vora
equity and equity related instruments, share classes and units/securities issued by overseas           Niren Parekh will be the dedicated Fund Manager for making overseas investments as permitted
mutual funds or unit trusts. The fund may also invest a limited proportion in debt and money           under the Regulations, guidelines and circulars issued from time to time.
market instruments.                                                                                                                     Name of the Trustee Company
                                  Asset Allocation Pattern                                             The Sponsor has appointed a Board of Individual Trustees (the Trustees) to be the Trustees of
 Type of Security                                  Normal Allocation         Risk Profile              HSBC Mutual Fund.
                                                    (% of Corpus)                                      Presently Mr. N. P. Gidwani, Dr. Rudolf Apenbrink, Mr. Nasser Munjee, Mr. Mehli Mistri, Mr. Dilip
 Units / securities issued by overseas mutual          80 - 100           Medium to High               J. Thakkar and Mr. Manu Tandon are the Trustees of HSBC Mutual Fund.
 funds or unit trusts of emerging markets*
                                                                                                                 Performance* of similar Schemes (Equity) launched by
 Domestic Debt, Money Market instruments                  0 - 20           Low to Medium                            HSBC Mutual Fund (As on 31 December, 2007)
 (including CBLO & reverse repo) and units
 of domestic mutual funds.
                                                                                                       HSBC Equity Fund (HEF)
                                                                                                         Compounded                                    Scheme                             Benchmark Returns (%)
* Currently HSBC GEM Equity Fund is envisaged to be used for investing in the emerging                   Annualised Returns^                         Returns (%)                               - BSE 200
markets however, HEMF could use any other global fund of HSBC Group to invest in emerging
markets.                                                                                                 Return for last 1 year                           59.53                                           60.44
If the Scheme decides to invest in securitised debt, it is the intention of the Investment Manager       Return for last 2 years                          47.89                                           49.57
that such investments will not normally exceed 10% of the corpus of the Scheme HEMF will                 Return for last 3 years                          45.94                                           44.17
not invest in underlying global scheme which invests more than 10% of their net assets in
unlisted equity shares or equity related instruments.                                                    Returns Since Inception                          62.01                                           46.48
                                                                                                         Date of Inception                                                 10 Dec., 2002
                                           Risk Profile
                                                                                                       Calculations are based on Growth Option NAVs.
Mutual Fund investments are subject to market risks. Please read the Offer Document carefully
                                                                                                       * Past performance may or may not be sustained in future
for details and risk factors before investing.
                                                                                                       ^ Returns for 1 year & above are Compounded Annualised; return below 1 year are absolute.
                        Acceptance of transaction requests
       (details available at the end of the Key Information Memorandum)
                                                                                                                             110 –
During the NFO : Purchase applications will be accepted only at the collection banks. Applications                           100 –      HEF – Growth                               BSE 200
for switch into the HEMF from other schemes of HSBC Mutual Fund will be accepted only at                                      90 –                                                   89.20
the Official Points of Acceptance of transactions of the AMC and the Registrar.                                               80 –
                                                                                                                              70 –              68.34
                                                                                                                                                      62.82
During the Continuous Offer : All transaction requests will be accepted only at the Official Points                           60 –                                                         55.34
of Acceptance of transactions of the AMC and the Registrar.                                                                   50 –
                                                                                                                              40 –                                 32.01
                                   Options & Sub-Options                                                                      30 –
                                                                                                                              20 – 11.40 10.20                             18.27
The Scheme has two Options Dividend (Payout / Reinvestment) and Growth.                                                       10 –                                                                  0.90 -6.13
                                                                                                                               0–
                                                                                                                             -10 –
           Applicable NAV (for ongoing subscription and redemptions)                                                               Apr. 06 -    Apr. 05 -          Apr. 04 -           Apr. 03 -      Since
                                                                                                                                    Mar. 07      Mar. 06           Mar. 05             Mar. 04      Inception
Purchases including switch-ins :                                                                                                                                                                   to Mar. 03
l   In respect of valid subscription requests received upto 3 p.m., the closing NAV of the day
    on which the request is received shall be applicable.                                              HSBC India Opportunities Fund (HIOF)
l   In respect of valid subscription requests received after 3 p.m., the closing NAV of the next
    Business Day shall be applicable.                                                                    Compounded                                    Scheme                             Benchmark Returns (%)
Redemptions including switch-outs :                                                                      Annualised Returns^                         Returns (%)                               - BSE 500
l   In respect of valid redemption requests received upto 3 p.m., the closing NAV of the day             Return for last 1 year                           50.99                                           63.02
    on which the request is received shall be applicable.                                                Return for last 2 years                          51.27                                           50.37
l   In respect of valid redemption requests received after 3 p.m., the closing NAV of the next
    Business Day shall be applicable.                                                                    Return for last 3 years                          48.77                                           45.67
                                                                                                         Returns Since Inception                          47.21                                           41.53
                               Minimum Application Amount
                                                                                                         Date of Inception                                                 24 Feb., 2004
    Purchase                     Additional Purchase                        Redemption
                                                                                                       Calculations are based on Growth Option NAVs.
   Rs. 10,000       Rs. 1,000 and in multiples of Re. 1 thereafter           Rs. 1,000                 * Past performance may or may not be sustained in future
                                                                                                       ^ Returns for 1 year & above are Compounded Annualised; return below 1 year are absolute.
                    Despatch of Repurchase (Redemption) Request
Within 10 working days of the receipt of the redemption request at the Official Points of
Acceptance of Transactions of the Registrar and the AMC. The Fund would endeavour to effect                                  100 –
                                                                                                                                         HIOF – Growth                                          BSE 500
redemption payouts (net of applicable taxes) within 7 Business Days under normal circumstances.                                  80 –                    77.24
                                                                                                                                                                 65.17
                                       Benchmark Index                                                                           60 –
BSE 200 & MSCI Emerging Market Index                                                                                             40 –                                          35.20
                                        Dividend Policy                                                                                                                                 21.89
                                                                                                                                 20 –   16.00 9.71
Declaration of dividend and its frequency will inter-alia depend upon the distributable surplus.                                                                                                    -3.80 -0.08
                                                                                                                                0–
Dividend may be declared from time to time at the discretion of the Trustees. There is no                                     -10 –
assurance or guarantee to unitholders as to the rate of dividend distribution nor that dividend                                          Apr. 06 -       Apr. 05 -                 Apr. 04 -          Since
                                                                                                                                         Mar. 07         Mar. 06                   Mar. 05          Inception
will be regularly paid.                                                                                                                                                                            to Mar. 04
HSBC Advantage India Fund (HAIF)                                                                     The HSBC Emerging Markets Fund will charge expenses as per SEBI Guideline MFD/CIR.No
                                                                                                     04/11488 /2003 dated 12 June 2003 and SEBI/IMD/CIR No.7/73202/06 dated 2 August 2006.
 Compounded                                 Scheme                      Benchmark Returns (%)        HEMF expenses in India, borne by the investors, will not exceed 0.75% of weekly average net
 Annualised Returns^                      Returns (%)                        - BSE 200               assets in HEMF and expenses of the underlying fund (HSBC GEM Equity or equivalent), borne
 Return for last 1 year                           62.29                                60.44         by the investors, will not exceed 2.50% of weekly average net assets in HEMF. The investors
                                                                                                     will have to bear the expenses as mentioned above. The AMC may enter into a revenue sharing
 Returns Since Inception                          49.16                                48.36         arrangement with HSBC GEM Equity or equivalent underlying fund/ Management Company for
 Date of Inception                                        23 Feb., 2006                              sharing of the investment management fee out of the fee charged by the underlying Funds'
                                                                                                     Management Company.
Calculations are based on Growth Option NAVs.
* Past performance may or may not be sustained in future                                                                   Tax treatment for the Investors (Unitholders)
^ Returns for 1 year & above are Compounded Annualised; return below 1 year are absolute.            As per the taxation laws in force as amended by the Finance Act, 2007 ("the FA") the tax benefits
                                                                                                     that are available to the investors investing in the Units of the Schemes are stated herein below.
                                                                  BSE 200
                                                                                                     The information so stated is based on the Mutual Fund's understanding of such tax laws in force
                                      HAIF - Growth
                                                                                                     as of the date of this Offer Document, which have been vetted by the tax consultants.
                            20 –                                                                     The following information is provided for only general information purposes. In view of the
                            15 –                              12.93
                                                                                                     individual nature of tax benefits, each investor is advised to consult with his or her own
                                          10.20                       10.41                          tax consultant with respect to the specific tax implications arising out of their participation
                            10 –
                                                                                                     in the scheme.
                             5–    3.94
                                                                                                     The following benefits may accrue to the Unitholders with effect from the financial year
                             0–                                                                      commencing from April 1, 2007 (unless otherwise stated).
                                    Apr. 06 - Mar. 07     Since Inception to Mar. 06
                                                                                                     A. INCOME TAX
HSBC Tax Saver Equity Fund (HTSF)                                                                    1. Exemption u/s. 10(35):
 Absolute                                   Scheme                      Benchmark Returns (%)        Under the provisions of Section 10(35) of the Act income received in respect of the units of a
 Returns                                  Returns (%)                        - BSE 200               mutual fund specified u/s. 10(23D) will be exempt from income tax in the hands of all unitholders.
                                                                                                     In view of this position, no tax needs to be deducted at source from such distribution by the
 Returns Since Inception                          55.29                                59.74
                                                                                                     fund. However, by virtue of the proviso to section 10(35), this exemption does not apply to
 Date of Inception                                          5 Jan., 2007                             income arising on "transfer" of units of a mutual fund.
Calculations are based on Growth Option NAVs.                                                        2. Long Term Capital Gains
* Past performance may or may not be sustained in future                                             i. On units of equity oriented funds:
The Scheme in existence for less than one year, hence data not available. Performance of similar     Section 10(38) exempts long term capital gains arising from the transfer of units of an equity
                                                                                                     oriented fund provided the transaction of sale is entered into on or after the date on which the
(Equity) Schemes launched by HSBC Mutual Fund as at 31 December, 2007 is given herein.
                                                                                                     securities transaction tax is made applicable and such transaction is chargeable to the securities
HSBC Unique Opportunities Fund (HUOF)                                                                transaction tax.
 Absolute                                   Scheme                      Benchmark Returns (%)        However such long term capital gains arising to a company shall be taken into account in
 Returns                                  Returns (%)                        - BSE 200               computing the book profit and income tax payable under section 115JB.
 Returns Since Inception                          60.92                                72.57         ii.   On units of funds other than the equity oriented funds:
 Date of Inception                                        23 Mar., 2007                              l     For Individuals and Hindu Undivided Families ("HUF"s):
                                                                                                           Long-term capital gains in respect of units held for a period of more than 12 months will
Calculations are based on Growth Option NAVs.                                                              be chargeable u/s.112 at the rate of 20% (plus surcharge), as applicable. Capital gains would
* Past performance may or may not be sustained in future                                                   be computed after reducing the aggregate of cost of acquisition (as adjusted by cost inflation
                                                                                                           index notified by the Central Government) and expenditure incurred wholly and exclusively
The Scheme in existence for less than one year, hence data not available. Performance of similar           in connection with transfer.
(Equity) Schemes launched by HSBC Mutual Fund as at 31 December, 2007 is given herein.                     An assessee will have an option to apply concessional rate of tax of 10% (plus surcharge)
                     Load Structure and Expenses of the Scheme                                             provided the long term capital gains are computed without substituting indexed cost in place
                                                                                                           of cost of acquisition.
Load Structure (New Fund Offer and Continuous Offer) :
                                                                                                           Further, in the case of Individuals and HUFs, being resident, where taxable income as
Entry Load : 2.50% for investments / Switch in** below Rs. 5 crores, otherwise Nil.                        reduced by long-term capital gains, is below the basic exemption limit, the long-term capital
                                                                                                           gains will be reduced to the extent of the shortfall and only the balance long-term capital
Exit Load : 1% for investments below Rs. 5 crores, if redeemed / switched out** within 1 Year              gains will be subjected to income tax at 20% (plus surcharge) or 10% (plus surcharge) as
from date of investment, otherwise Nil.                                                                    the case may be.
** No load in case of switches between equity Schemes of HSBC Mutual Fund                            l     For Partnership firms, Indian Companies and other residents:
                                                                                                           Long term capital gains will be subjected to the income tax at the rate of 20% (plus
No entry load shall be charged in case of direct applications received by the AMC i.e. application         surcharge) or 10% (plus surcharge) as the case may be.
received through internet, submitted to AMC or Collection Centre / Investor Service Centre and       l     For Non-residents and foreign companies:
are not routed through any Distributor / Agent / Broker. It shall also be applicable to additional         Long-term capital gains will be subjected to the income tax at the rate of 20% (plus
purchases done directly by the investor under the same folio and switch-in to a scheme from                surcharge). However, no benefit of Cost Inflation Indexation is available.
other schemes if such a transaction is done directly by the investor.
                                                                                                     l     For Non-resident Indians : Under section 115E of the Act for non-resident Indians, income
No load (entry/exit) will be charged on the investments made by Fund-of- Funds Schemes                     by way of long-term capital gains in respect of Units is chargeable at the rate of 10% (plus
                                                                                                           surcharge). However, no benefit of Cost Inflation Indexation is available.
launched by mutual funds.
                                                                                                           Non-resident Indians may opt for computation of long-term capital gains as per section 112,
Maximum Switchover Fee : As per the prevailing load structure of the Scheme                                if it is more beneficial.
The entry / exit load set forth above is subject to change at the discretion of the AMC and such     l     For Overseas Financial Organizations, including Overseas Corporate Bodies fulfilling conditions
changes shall be implemented prospectively. Where an investor seeks to move between the                    laid down under section 115AB (Offshore Funds) :
dividend and growth alternatives within an option of the same Scheme / Plan, this will not be              Under section 115AB of the Act, long term capital gains in respect of units held for a period
construed as a switch. Consequently no load will apply to such movements.                                  of more than 12 months will be chargeable at the rate of 10% (plus surcharge). Such gains
                                                                                                           would be calculated without indexation of cost of acquisition.
The repurchase price however, will not be lower than 93% of the NAV and the sales price will
                                                                                                     l     For Foreign Institutional Investors ("FIIs"):
not be higher than 107% of the NAV, provided that the difference between the repurchase price
and the sales price at any point in time shall not exceed the permitted limit as prescribed by             Under section 115AD of the Act, long term capital gains in respect of units held for more
                                                                                                           than 12 months would be taxed at the rate of 10% plus surcharge. Such gains would be
SEBI from time to time, which is presently 7% calculated on the sales price.
                                                                                                           calculated without indexation of cost of acquisition.
Issue Expenses :                                                                                           Tax on long term capital gains in all the above cases will be further increased by the Education
In accordance with the guidelines issued by SEBI, HSBC Emerging Markets Fund being an open-                Cess ("EC") calculated
ended Scheme would meet the sales, marketing and other such expenses connected with Sales                  @ 2% on tax plus surcharge and Secondary and Higher Secondary Cess calculated @ 1%
and distribution of the Scheme from the entry load, if any.                                                on tax plus surcharge as per the FA.
Recurring Expenses :                                                                                 3. Short Term Capital Gains
                                HSBC Emerging Markets Fund
                                                                                                     i. On units of equity oriented funds:
  Description                                                          (% per annum of average       Section 111A provides that the short term capital gains arising from the transfer of units of an
                                                                              net assets)            equity oriented fund will be taxed at 10% (plus applicable surcharge) provided the transaction
  Investment Management & Advisory Fees                                                0.10%         of sale is entered into on or after the date on which the securities transaction tax is made
  Additional Fees (if any)                                                                –          applicable and such transaction is chargeable to the securities transaction tax.
  Trustee Fees                                                                         0.01%         ii. On units of funds other than equity oriented funds:
  Custodian Fees                                                                       0.03%         Short term Capital Gains in respect of Units held for a period of not more than 12 months is
  Marketing & Selling Expenses                                                         0.36%         added to the total income. Total income including short-term capital gains is chargeable to tax
  Registrar & Transfer Agent Fees                                                      0.15%         as per the relevant slab rates. The maximum tax rates applicable to different categories of
  Audit Fees                                                                           0.02%         assesses are as follows:
  Costs related to investor communications                                             0.03%               Resident Individuals and HUF                 30%   plus   surcharge, as applicable
  Other Expenses                                                                       0.05%               Partnership Firms                            30%   plus   surcharge
                                                                                                           Indian companies                             30%   plus   surcharge
  Total Annual Recurring Expenses                                    0.75%                                 Non Resident Indians                         30%   plus   surcharge
The purpose of the above table is to assist the investor in understanding the various costs and            Foreign Companies                            40%   plus   surcharge
expenses that an investor in the Scheme will bear directly or indirectly.                                  Overseas financial Organisations             30%   plus   surcharge
                                                                                                           FIIs                                         30%   plus   surcharge
Tax on short term capital gains in all the above cases will be further increased by the EC calculated       specified company, as the Central Government may, by notification in the Official Gazette,
@ 2% on tax plus surcharge and Secondary and Higher Secondary Cess calculated @ 1% on                       specify in this behalf, out of his income chargeable to tax provided the aggregate sum does
tax plus surcharge as per the FA.                                                                           not exceed one lakh rupees.
4. Capital Loss:
                                                                                                                                 Daily Net Asset Value (NAV) Publication
l  Section 94(7) disallows any capital loss, arising to a unitholder if he acquires units of a mutual
   fund within a period of three months prior to the record date fixed for declaration of dividend      The AMC will calculate and disclose the first NAVs not later than 30 days from the closure of
   or distribution of income and sells or transfers such units within a period of nine months           the New Fund Offer Period. On an ongoing basis, NAVs will be calculated and published for every
   from such record date, to the extent of dividend or income received or receivable on such            Business Day. NAV of the Plan / Option(s) shall be made available at all Investor Service Centres
   units.                                                                                               of the AMC. The AMC shall have the NAV published in two daily newspapers and updated on
l  Section 94(8) provides that if a person buys or acquires units ("the original units") of a mutual    AMC’s website www.hsbcinvestments.co.in and www.amfiindia.com.
   fund within a period of three months prior to the record date fixed for allotment of bonus
   units and sells the original units within nine months from the date of allotment of bonus                                              For Investor Grievances
   units then the loss arising on such sale or transfer shall be ignored. Further, such loss shall      Please contact :
   be deemed to be the cost of acquisition or purchase of the bonus units.
                                                                                                        Registrars
5. Tax deduction at source on Capital Gains                                                             Computer Age Management Services Private Limited (CAMS)
(i) No tax is required to be deducted at source on capital gains arising to any resident unit holder.   HSBC Mutual Fund Unit
                                                                                                        Rayala Towers, 3rd Floor, 158, Anna Salai, Chennai 600 002
(ii) Under section 195 of Act, tax shall be deducted at source in respect of capital gains as under:
     a. In case of a non-resident other than a company -                                                Mutual Fund
     l  Long term capital gains on units of equity oriented funds   nil                                 Mr. K. Sriram
                                                                                                        Vice President & Head of Finance & Customer Service
     l  Long term capital gains on units of funds other than        20% plus surcharge
                                                                                                        HSBC Asset Management (India) Private Limited
        equity oriented funds
                                                                                                        314, D. N. Road, Fort, Mumbai 400 001.
     l  Short term capital gains on units of equity oriented funds 10% plus surcharge                   Tel.: 66668819. Fax : 40029600
     l  Short term capital gains on units of funds other than       30% plus surcharge                  E-mail : hsbcmf@hsbc.co.in
        equity oriented funds
     b. In case of a foreign company -                                                                                                    Unitholders' Information
     l  Long term capital gains on units of equity oriented funds   nil                                 Account Statement (on transactions) and Annual Financial Results shall be provided to investors
     l  Long term capital gains on units of funds other than        20% plus surcharge                  by post or by such other means as permitted from time to time. Half Yearly Results and Portfolio
        equity oriented funds                                                                           disclosure shall be provided to investors by post / published in certain newspapers in line with
     l  Short term capital gains on units of equity oriented funds 10% plus surcharge                   the requirements of the SEBI (Mutual Funds) Regulations, 1996.
     l  Short term capital gains on units of funds other than       40% plus surcharge                                                          Who can apply
        equity oriented funds
                                                                                                        The following persons are eligible and may apply for subscription to the Units of the Scheme
    Tax Deducted At Source on short term and long term capital gains in all the above cases             (subject, wherever relevant, to purchase of units of mutual funds being permitted and duly
    will be further increased by the EC calculated @ 2% on tax plus surcharge and Secondary             authorised under their respective constitutions, charter documents, corporate / other authorisations
    and Higher Secondary Cess calculated @ 1% on tax plus surcharge as per the FA.                      and relevant statutory provisions etc.):
(iii) Under section 196B of the Act tax at 10% plus surcharge and EC calculated @ 2% on tax             l   Indian resident adult individuals either singly or jointly.
      plus surcharge and Secondary and Higher Secondary Cess calculated @ 1% on tax plus
      surcharge as per the FA shall be deducted at source from long term capital gains on units         l   Minor through parent / lawful guardian.
      other than the units of equity-oriented mutual funds earned by Overseas Financial Organisation.   l   Companies, bodies corporate, public sector undertakings, association of persons (AoPs),
(iv) Under Section 196D of the Act, no deduction shall be made from any income by way of                    bodies of individuals (BoIs), societies registered under the Societies Registration Act, 1860,
     capital gains, in respect of transfer of securities referred to in Section 115AD of the Act.           mutual fund schemes (so long as the purchase of units is permitted under the respective
                                                                                                            constitutions).
    As per circular no. 728 dated October 1995 by CBDT, in the case of a remittance to a country
    with which a Double Taxation Avoidance Agreement (DTAA) is in force, tax should be                  l   Religious and Charitable Trusts, Wakfs or endowments of private trusts (subject to receipt
    deducted at the rate provided in the Finance Act of the relevant year or at the rate provided           of necessary approvals as required) and Private Trusts authorised to invest in mutual fund
    in DTAA whichever is more beneficial to the assessee.                                                   schemes under their trust deeds.

    In order for the unitholder to obtain the benefit of a lower rate under the DTAA, the unitholder    l   Partnership Firms.
    would be required to provide the fund with a certificate obtained from his Assessing Officer        l   Karta of Hindu Undivided Family (HUF).
    stating his eligibility for the lower rate.
                                                                                                        l   Banks (including Co-operative Banks and Regional Rural Banks) & Financial Institutions.
6. Investments by Charitable and Religious Trusts
                                                                                                        l   Non-Resident Indians (NRIs) / Persons of Indian Origin on full repatriation basis (subject to
   Units of Mutual Fund Schemes referred to in clause 23D of section 10 of the Act constitute               RBI approval, if required) or on non-repatriation basis.
   an eligible avenue for investment by charitable or religious trusts per rule 17C of the Income
   Tax Rules, 1962, read with clause (xii) of sub-section (5) of section 11 of the Income Tax           l   Foreign Institutional Investors (FIIs) registered with SEBI on full repatriation basis (subject
   Act, 1961.                                                                                               to RBI approval, if required).
B. WEALTH TAX                                                                                           l   Army, Air Force, Navy and other para-military funds and eligible institutions.
Units held under the Schemes of Mutual Fund are not treated as assets within the meaning of             l   Scientific and Industrial Research Organisations.
section 2(ea) of the Wealth Tax Act, 1957 and are, therefore, not liable to Wealth-Tax
                                                                                                        l   Provident / Pension / Gratuity and such other Funds as and when permitted to invest.
C. GIFT TAX
                                                                                                        l   International Multilateral Agencies approved by the Government of India / RBI.
If units of Mutual Fund Scheme are gifted, no gift tax shall be payable either by the donor or
the donee as the Gift Tax has been abolished.                                                           l   Other Schemes of HSBC Mutual Fund subject to the conditions and limits prescribed in SEBI
                                                                                                            Regulations.
Notes:
(i) All tax benefits will be available to the Sole Unitholder or the first named holder in case the     l   Trustees, AMC or Sponsor or their associates (if eligible and permitted under prevailing
    Units are held in the names of more than one person, as the case may be.                                laws), may subscribe to the Units under the Scheme.
(ii) HSBC AMC also confirms that the Income Tax/Wealth Tax/Capital Gains Tax and investment             l   There is no restriction on a foreign national from acquiring Indian securities provided such
     by NRIs/FIIs/OCBs are subject to relevant requirements under the Income Tax, FEMA and                  foreign national meets the residency tests laid down by Foreign Exchange Management Act,
     RBI Directions.                                                                                        1999.
(iii) As per Section 54ED capital gains arising before April 1, 2006 from a transfer of a long term     l   Sale proceeds of securities acquired by a foreign national may be remitted by him outside
      capital asset being listed securities or units of UTI/mutual funds, shall be exempt from tax,         India without approval of RBI if: (a) such proceeds are remitted by a foreign national on his
      if such capital gains are invested in equity shares by way of a public issue. The section             retirement from an employment in India and (b) such proceeds are not in excess of US $
      provides for a lock-in period of one year and if the newly acquired shares are sold or                1 million in any calendar year. If either (a) and (b) above is not met, approval of RBI will be
      transferred during the period, the capital gains earlier claimed exempt, would become                 necessary for the remittance. These requirements originate from the FEMA Remittance
      taxable in the year of sale of the newly acquired shares                                              of Assets Regulations, 2000 which restrict a person, whether resident in India or not, from
                                                                                                            making a remittance of any asset (“remittance of asset” includes remittance outside India
(iv) With effect from June 1, 2006 an investor who sells units of an equity oriented fund to the            of funds representing, amongst others, sale proceeds of shares/securities) held by him or
     mutual fund will have to pay 0.25% of the sale price of the units as securities transaction            by any other person except with the approval of RBI or in certain specific cases listed in
     tax which tax would be collected by the prescribed person in case of every mutual fund.                Regulation 4. One such case is the remittance of upto US $ 1 million by a foreign national
(v) Section 88E provides that where the total income of a person includes income chargeable                 on his retiring from employment in India.
    under the head "Profits and gains of business or profession" arising from sale of units of          Note :
    equity oriented funds, he shall get rebate equal to the securities transaction tax paid by him      Subscriptions from residents in the United States of America and Canada shall not be accepted
    in the course of his business. Such rebate is to be allowed from the amount of income tax           by the Schemes of HSBC Mutual Fund.
    in respect of such transactions calculated by applying average rate of income tax.
                                                                                                        The Fund reserves the right to include / exclude new / existing categories of investors to invest
(vi) Section 80C provides that an individual or HUF shall get deduction, in respect of contribution     in the Scheme from time to time, subject to SEBI Regulations and other prevailing statutory
     to any units of any Mutual Funds notified under clause 10(23D) of section 10 or from the           regulations, if any.
     Administrator or the specified company under any plan formulated in accordance with such
     scheme as the Central Government may, by notification in the Official gazette, specify in          Please refer to the Offer Document of the Scheme for details and full Risk Factors before
     this behalf and in respect of contribution by an individual to any pension fund set up by the      investing.
     Mutual Fund notified under clause (23D) of section 10 or by the Administrator or the
                                                        LIST OF THE COLLECTION CENTRES (During New Fund Offer Period)
                                                                                    HSBC BANK COLLECTION CENTRES
Ahmedabad : Mardia Plaza, C. G. Road, Ahmedabad 380 006. Bangaluru : No. 7, M.G. Road, Bangaluru 560 001. Chandigarh : SCO 1, Sector 9 D, Chandigarh 160 017. Chennai : 96, Dr. Radhakrishnan Salai, Mylapore,
Chennai 600 004. Coimbatore : Srivari Gokul Towers, 108, Race Course Road, Coimbatore 641 018. Gurgaon : JMD Regent Square, DLF Phase II, Gurgaon-Mehrauli Road, Gurgaon 122 002. Hyderabad : Uma Plaza -
Rajagopal Towers, Road No. A, Banjara Hills, Hyderabad 500 082. Indore : Darshan Mall, Upper Ground Floor, 15/2, Race Course Road, Indore 452 001. Jaipur : Vasanti Building, 61-A, Sardar Patel, C-Scheme, Jaipur 302 001.
Jodhpur : Plot No. C 43A (2), PWD Colony, Jodhpur 342 001. Kochi : 39/6765, Harbour View Residency, Opposite Shipyard, M.G. Road, Kochi 682 015. Kolkata : 31 BBD Bagh, Dalhousie Square, Kolkata 700 001; 2/1 A
Ekdalia Road, Kolkata 700 019; The Jasmine Towers, 31 Shakespeare Sarani, Kolkata 700 017. Ludhiana : Ground Floor, Ludhiana Stock Exchange, Feroze Gandhi Market, Ludhiana 141 001. Mumbai : 56/60, M.G. Road,
Mumbai 400 001; HSBC Centre, Dr. Ambedkar Road, Bandra (West), Mumbai 400 050; Saroj, B7 Kapole Society, V. L. Mehta Road, Juhu Vile Parle Scheme, Mumbai 400 049; Siddharth Arcade, L.T. Road - Factory Lane
Junction, Borivli (W), Mumbai 400 092; Ish Krupa, Ram Maruti Road, Naupada, Thane (West) 400 602. Mysore : No. 1, Block III, Kalidasa Road, Jayalakshmipuram, Mysore 570 002. Nagpur : Shriram Shyam Towers, Shop
No. 6 & 7, S. V. Patel Road, Kingsway, Nagpur 440 001. New Delhi : 1st Floor, 25 Barakhamba Road, New Delhi 110 011; 34, Central Market, Sector II, West Avenue Road, Punjabi Bagh (West), New Delhi 110 026. Noida :
K 14-18, Sector 18, Gautam Budh Nagar, Noida 201 301. Patna : Kataruka Niwas, South Gandhi Maidan, Patna 800 001. Pune : Amar Avinash Corporate City, Sector No.11, Bund Garden Road, Pune 411 001. Raipur : D M
Plaza, Holding No. 8/127, Moulana Abdul Rauf Ward No. 36, Fire Brigade Chowk, Chhotapara, Raipur 492 001. Trivandrum : Kulathakal Towers, Diamond Hill, Vellayambalam, Trivandrum 695 010. Vadodara : Sheel, 1/2
Kalpana Society, Inox Multiplex Road, Race Course Circle, Vadodara 390 007. Visakhapatnam : 28-16-31, Suryabagh, Visakhapatnam 530 020.

                                                                                   HDFC BANK COLLECTION CENTRES
Aligarh: 3-316, Ramghat Road, Near Devi Tray Hospital, Aligarh 202 001. Agra : Shop No. F3-A, 1st Floor, Friend’s Plaza, Sanjay Place, Agra 282 002. Ahmedabad : HDFC Bank House, Near Mithakali Six Roads, Navrangpura
380 009. Ahmednagar : Amber Plaza, Station Road, Opp ADCC Bank Sahakar Gruh, Ahmednagar 414 001. Ajmer : AMC No - 13/10 & 14/10, Near Suchma Kendra, Adajcent to Swami Complex, Ajmer 305 001. Akola : Sethi
Heights, Opp. Collector Office, Z. P. Road, Akola 444 001. Allahabad : 54/1 S. P. Marg, Civil Lines, Allahabad 211 003. Alwar : Bhagat Singh Circle Road, No. 2, Alwar 301 001. Ambala : Shingar Palace Complex, Nicholson
Road, Ambala Cantt 133 001. Amravati : C/o Rasik Plaza, Jaistambh Chowk, Morshi Road, Amravati 444 601. Amritsar : 1st Floor, R. S. Towers, Hall Bazar, Amritsar 143 001. Anand : 1st Floor, Sanket Towers, Opp Anand
Arts College, Grid Road, Anand 388 001. Ankleshwar : S. A. Motors Building, Ankleshwar 395 002. Asansol : CMS Dept, P. C. Chatterjee Market, G. T. Road, Rambhandu Tala, Asansol 713 303. Aurangabad : Shivani
Chambers, Manjeet Nagar, Jalna Road, Opp. Akashwani, Aurangabad 431 001. Balasore : C/o. Bharat Motors, F. M. Circle, Balasore 756 001. Bangaluru : No. 8 / 24 Salco Centre, Richmond Road, Bangaluru 560 025; 63/1,
Makam Plaza, 3rd Main Road, 18th Cross Road, Malleswaram, Bangalore 560 005; No. 9 Eterna Koramangala Ind Layout, Bangalore 560 095. Bardoli : Shree Ambika Niketan Temple, Bardoli 394 601. Bareilly : 154, Krishna
Palace, Civil Lines, Bareilly 243 001. Belgaum : 4830 / 28 A Opp District Hospital, Dr Ambedkar Road, Belgaum 590 002. Bharuch : Near Octroi Naka, Link Road, Bharuch 392 001. Bhatinda : 3027 - B Guru Kanshi Marg,
Bhatinda 151 001. Bhavnagar : Gopi Arcade, Opp. Takhteshwar Post Office, Bhavnagar 364 001. Bhilwara : 2-3-4, S. K. Plaza Complex, Pur Road, Bhilwara 311 001. Bhiwadi : SP 54 Ashiana Arcade, Riico Industrial Area,
Bhiwadi 301 019. Bhopal : E - 1/57, Arera Colony, Bhopal 462 016. Bhubaneshwar : Junction of Janpath & Gandhi Marg, Hotal Jajati Complex, Kharvelanagar, Unit - III, Master Canteen Square, Bhubaneshwar 751 001. Bhuj :
101 & 102 Sunrise Tower, 11 - Vijaynagar Society, Hospital Road, Bhuj 370 001. Bokaro : B-9 City Centre, Sector IV, Bokaro Steel City, Bokaro 827 004. Burdwan : 45 G.T. Road, Birhata, Burdwan 713 001. Calicut : Malabar
Palace, G. H. Road, Calicut 673 001. Chalakudy : Police Station Road, Chalakudy 680 307. Chandigarh : SCO 371/372, Sector 35 - B, Chandigarh 160 034. Changanacherry : CMS Dept, Golden Tower, M. C. Road,
Vezhakattiuchira, Changanacherry 686 101. Chengannur : Govt Hospital Junction, Chengannur 689 121. Chennai : Mariam Centre, Ground Floor, 759, Anna Salai, Chennai 600 002. Cochin : 1st Floor, SL Plaza, Palarivattom,
Cochin 682 025. Coimbatore : 1635 Classic Tower, Trichy Road, Coimbatore 641 018. Curchorem : CMS Dept., Mopkar Chamunda, Gr. Floor, Near Post Office, Curchorem-Sanguem Road, Curchorem 403 706. Cuttack :
Bajrakbati Road, Cuttack 753 001. Dahanu : Matruashish Building, Irani Road, Dahanu Road, Dahanu 401 602. Daman : ARC Shopping Mall, Dilip Nagar, Teen Batti, Daman 396 210. Davangere : No. 621, BHM Enclave, Binny
Co. Road, Mandipet, Davangere 577 002. Dehradun : 56, Rajpur Road, Uttaranchal, Dehradun 248 001. Dhanbad : Sri Ram Plaza, 1st Floor, Bank More, Dhanbad, Jharkhand 826 001. Durgapur : A102 & 103, City Centre,
Bengal Shristi Complex, Durgapur Road, Durgapur 713 216. Erode : 456 Brough Road, Erode 638 001. Ferozepur : CMS Dept. Building, 307 / 7, The Mall, Ferozpur City, Haryana 152 002. Gandhidham : Plot No 1, Sector 8,
Rabindranath Tagore Road, Near GPO, Gandhidham 370 201. Gaya : Near Ghanta Ghar, K. P. Road, Gaya 823 001. Gorakhpur : CMS Dept, Prahlad Rai Trade Centre, Ayodhya Crossing, Bank Road, Gorakhpur 273 001.
Guntur : 87-90, Main Road, Lakshmipuram, Guntur 522 007. Gurdaspur : CMS Dept, SCF-1&2 Shopping Complex, Improvement Trust Market, Hanuman Chowk, Gurdaspur 143 521. Guwahati : Fancy Bazar Branch - WBO,
Mishra Complex, Jail Road, Guwahati 781 001. Gwalior : Block G1, Plot No. 43, Anand Deep Building, City Centre, Gwalior 474 011. Haldwani : 8/6, Nainital Road, Bhotia Prao, Haldwani 263 141. Hajipur : Vimal Complex,
Dak Banglow Complex, Opp. T.V.S. Showroom, Hajipur 844 101. Himmatnagar : G.F. Shop No. 5-8 & First Floor 4 - 9 Kumar House, Durga Oil Mill Compound, Himmatnagar 383 001. Hissar : SCO 170 A Commercial Building,
Red Square Market, Station Road, Hissar 125 001. Hoshirapur : SCO 1-2-3, Scheme No. 11, Improvement Trust Market, Chandigarh Road, Hoshiarpur 146 001. Hosur : No. 24 & 25, Maruthi Nagar, Near Dharga, Sipcot P.O.,
Hosur 635 126. Hubli : T. B. Revankar Complex, Vivekanand Hospital Road, Hubli 580 029. Hyderabad : 6-1-73 3rd Floor, Saeed Plaza, Lakadikapaul, Hyderabad 500 004. Indore : 3rd Floor, 9/1 A U. V. House, South Tukonj,
Indore 452 001. Irinjalakuda : Ushus Complex, Main Road, West Tana PO, Irinjalakuda 680 121. Jabalpur : 1702, Naiper Town, Model Road, Jabalpur 482 002. Jagraon : 368 B, Kapoor Building, Tehsil Road, Jagraon 142 026.
Jaipur : 1st Floor, O - 10, Ashok Marg, Ahimsa Circle, C Scheme, Jaipur 302 001. Jalandhar : 911, Near Narinder Cinema, G. T. Road, Jalandhar 144 001. Jalgaon : Plot No. 134 / 135, DSP Chowk, Facing Mahal Road, Jalgaon
425 001. Jammu : CB 13, Railhead Complex, Gandhi Nagar, Jammu Tawi, Jammu 180 001. Jamnagar : Plot No. 6, Park Colony, St. Ann's School, Bedi Bunder Road, Jamnagar 361 008. Jamshedpur : C/o. Mithila Motors
Ltd., Near Ram Mandir, Bistupur, Jamshedpur 831 001. Jodhpur : Plot No. 57 / B, 9th Chopasani Road, Jodhpur 342 003. Junagadh : Moti Palace, Ground Floor, Opp. Raijinagar, Junagadh 362 001. Kadi : Radhaswami
Complex, R.S. No. 242, Highway Char Rastha, Kadi 382 715. Kalyani : B-7/40 & 41(s), Central Avenue West, Central Park, Kalyani 741 325. Kannur : CMS Dept, K V R Towers, South Bazar Road, Kannur 670 002. Kanpur :
Navin Market Branch, 15/46 Civil Lines, Kanpur 280 001. Kapurthala : MGN School, Mall Road, Kapurthala 144 601. Karad : Near Hotel Sangam, Pune Bangalore Highway, Karad 415 110. Karnal : SCO 778-779, Opp. Mahabir
Dal Hospital, Kanjpura Road, Karnal 132 001. Khanna : Opp. Bus Stand, G.T. Road, Khanna 141 401. Kolhapur : Gem Stone, Raosaheb Vichare Complex, 517, E Ward, New Shahupuri, Near Central Bus Stand and Parikh Pool,
Kolhapur 416 001. Kolkata : Abhilasha II, 6, 1st Floor, 6 Royd Street, Kolkata 700 016; 174A Block G, New Alipore, Kolkata 700 053; 2/6 B A 3 Sector I, Salt Lake City, Kolkata 700 064. Kota : Show Room No. 13 - 14, Main
Jhalawar Road, Kota 324 007. Kottayam : Unity Building, Opp. MIDC Centre, K. K. Road, Kottayam 686 002. Kurukshetra : CMS Dept, Shop No. 1 To 5, Kalawati Market, Railway Road, Kurukshetra 136 118. Latur : Shri
Prabha Arcade, Shop No. 3-6, M.G. Road, Near Nagar Parishad, Opp. Town Hall, Latur 413 512. Lucknow : Pranay Tower, Darbari Lal Sharma Marg, Beside Pratibha Cinema, Lucknow 226 001. Ludhiana : CMS Dept, 5th Floor,
Mall Road, Ludhiana 141 001. Madurai : 7 - A, West Veli Street, Opp. Railway Station, Madurai 625 001. Mandi Gobindgarh : Hukum Chand Bansal Building, Main Post Office Road, Mandi Gobindgarh 147 301.
Mangalore : M. N. Towers, Kadri, Mangalore 575 002. Manjeri : CMS Dept, Kurikal Plaza, Bldg. # 20/1245, Kacheripady, Malapurram Road, Manjeri 676 121. Mapuca : S 1 / 2 Ground Floor, Cosmos Towers, Near Govt Bldg
Complex, Mapusa 403 507. Margoa : Ranghavi Building, Opp. Municipality Garden, Dr. George Barette Road, Margoa 403 601. Mathura : CMS Dept, Opp. BSA College, Gaushala Raod, Mathura 281 001. Mehsana : Prabhu
Complex, Near Raj Kamal Petrol Pump, Abhu Highway, Mehsana 384 002. Meerut : 381 Western Kachery Road, Meerut 250 001. Moga : G.T. Road, Opp. D.C. Office, Moga 141 001. Moradabad : Chaddha Shopping
Complex, GMD Road, Moradabad 244 001. Morvi : Om Shopping Center, Revapur, Main Road, Morvi 363 641. Mumbai : Maneckjiwadia Building, Nanik Motwani Marg, Mumbai 400 023; Ganga Jamuna Appts., Gr. Flr., Opp.
Shoppers Stop, S.V. Road, Andheri (W), Mumbai 400 058; Jayabhadra Villa Ground Floor, S. V. Patel Road, Borivali (W), Mumbai 400 092; Land Mark Appts, Pali Naka, Pali Hill, Bandra (W), Mumbai 400 050; 101/102, Vasant
Niwas Bldg., Tilak Road, Ghatkopar (E), Mumbai 400 077; Sharad Kunj, Dr. Moos Road, Talao Pali, Thane (W). Muzzaffarnagar : 53/4-A Bhag, Kambal Wala Jansat Road, New Mandi, Muzaffarnagar 251 001. Muzzaffarpur :
Above Maruti Showroom, Choti Saria Ganj, Muzzaffarpur 842 001. Mysore : Mythiri Arcade, 1st Main, Saraswathipuram, Mysore 570 009. Nabha : SCO 14-15, Patiala Gate, Nabha 147 201. Nadiad : Shoot out Building,
Nadiad Ice Factory Compound, College Road, Nadiad 387 001. Nagpur : 303 & 304 3rd Floor, Wardh Road, 12 Milestone, Near Lokmat Square, Nagpur 440 010. Nasik : Archit Centre, 3rd Floor, Chandak Circle Link Road,
Near Mahamarg Bus Stand, Nasik 422 002. Navsari : Nandini Complex, Ground Floor, Station Road, Sandh Kuva, Navsari 396 445. Nawanshahar : B1 / 48, Nawanshahar 144 514 Nellore : G. T. Road, Nellore 524 001. New
Delhi : Figops, Ist Floor, Kailash Building, 26 K. G. Marg, New Delhi 110 001. Palakkad : 8 / 246, Chandra Nagar, Palakkad 678 007. Palanpur : Parth Complex, Near Cozy Tower, Opp. Joravar Palace, Palanpur 385 001.
Panipat : 801 / 4, G. T. Road, Panipat 132 103. Panjim : Swami Vivekanand Road, 301, Milroc Lar Menezes, Opp. Gomantak Maratha Samaz, Panjim 403 001. Pathanamthitta : CMS Dept, Aban Arcade Ward # 9/1128,
Pathanathitta-Kumbazha Road, Pathanamthitta 689 645. Patiala : S.C.O. 70 - 73, Leela Bhawan Market, Patiala 147 001. Patna : Rajendra Ram Plaza, Exhibition Road, Patna 800 001. Perinthalmanna : Calicut Road,
Perinthalmanna, Malappura Dist, Perinthalmanna 679 322. Phagwara : Kalra Road, Opp. Hanuman Garhi Mandir, G.T. Road, Phagwara 144 401. Ponda : Royal Chambers, GD1-GD4, Tisk, Ponda 403 401. Pondicherry : TS
No. 6, 100 Feet Road, Ellaipillaichavady, Pondhicherry 605 005. Porbandar : Om Shiv Sakthi, R D Chamber, Porbander 360 575. Pune : 5th Floor Millennium Tower, Bhandarkar Road, Shivaji Nagar, Pune 411 004. Quilon :
VGP Buildings, Door No XVI / 1539 (1320A), Vadakumbhagom Ward, Irumpupalam, Kollam 691 001. Raipur : Chawla Complex, Near Vanijya Bhawan, Sai Nagar, Devendra Nagar Road, Raipur 492 009. Rajahmundry : H. No. :
46-17-20, Main Road, Danavaipet, Rajahmundry 533 103. Rajkot : Opp Alfred High School, 2nd Floor, Panchratna Bldg., Jawahar Road, Rajkot 360 001. Rajpura : 11 - 12 Block B, Chandigarh Patiala Road, Rajpura 140 401.
Ranchi : Rohini, 1st Floor, 56 Circular Road, Ranchi 834 001. Rewari : L-203, Old Court Road, Model Town, Rewari 123 401. Rohatak : 401-402, D. Park Model Town, Main Delhi Road, Rohtak
124 001. Ropar : Sohana Chandigarh Rd, College Road, Ropar 141 001. Rourkela : Bisra Road, Dwivedi Bhawan, Dwivedi Square, Rourkela 769 001. Rudrapur : Plot No.1&2,Nanital Road, Rudrapur 263 153. Saharanpur :
Mission Compound, Court Road, Adjoining Top Shop, Saharanpur 247 001. Salem : 5 / 241 - F, Rathna Arcade, Omalur Main Road, Salem 636 004. Sambalpur : Nayapara Golbazar Chowk, Sambalpur 768 001. Sangli : 640,
Venkatesh Senate, Miraj Road, Sangli 414 416. Sangrur : Kaula Park Market Shop No. 1-2-3, Sangrur 148 001. Shimla : Jankidas Building, 3, The Mall, Shimla 171 001. Siliguri : 3 No, Ramkrishna Samity Building, Sevoke
Road, Pani Tanki More, Siliguri 734 401. Silvassa : 1-16 Jaypee House, Opp. Patel Petrol Pump, Vapi Silvassa Road, Silvassa 396 230. Solan : Anand Bhavan, Near DC Office, Rajgarh Road, Solan 173 212. Srinagar : M.S.
Shopping Mall, Residency Road, Srinagar 190 001. Surat : 7th Floor, Kashi Plaza, Next to Dr. Bipin Desai Children Hospital, Majura Gate, Surat 395 002. Thalassery : Avk Nair Road, Thalassery 670 001. Thiruvalla : Illampallil
Buildings, 26/149(1&2), M C Road, Tiruvalla 689 101. Tirupathi : H.No. 10 -14 - 575 / A3, Mosque Road, V. V Mahal Road, Tirupathi 517 501. Tiruppur : 160, Chidambaram Complex, Kumaran Road, Tiruppur 641 604. Trichur :
Global Centre, M. G. Road, Trichur 680 004. Trichy : A - 10, Lakshmi Arcade, 11th Cross Main Road, Thillainagar, Trichy 620 018. Trivandrum : Kenton Towers, Vazhuthacaud, Trivandrum 695 014. Udaipur : 358, Post Office
Road, Chetak Circle, Adjacent to Chetak Cinema, Udaipur 313 001. Udupi : Panduran Towers, Court Road, Diana Circle, Udupi 576 101. Unjha : Suvidhi Complex, 1st Floor, Nr. Radha Krishna Temple, Station Road, Unjha 382
170. Vadodara : 5th Floor, Midway Heights, Next to Panchmukhi Hanuman Temple, Lokmanya Tilak Road, Kirti Mandir, Near Kala Ghoda, Raopura, Vadodara 390 001. Valsad : 1st Floor, Ekta Appt, Near R. J. J. High School,
Thithal Road, Valsad 396 001. Vapi : Lower Ground, Emperor Arcade, Chala Road, Vapi 396 191. Varanasi : D 58 / 2, Kuber Complex, Rathyatra Crossing, Varanasi 221 010. Vasco : Ground Floor, Damodar Building, Swatantra
Path, Vasco Da Gama 403 802. Veraval : Amrutdeep, Opp. Public Garden, Rajamahal Road, Veraval 362 265. Vijayawada : 40 - 1 -48 / 2, M.G. Road, Labbipet, Vijayawada 520 010. Visakhapatnam : 1st Floor, Poduri Castle,
Above Rayomond Showroom Dwarka Nagar, Visakhapatnam 530 016. Warangal : No 1-8-605 / 1 Nakkalgutta, Hanamkonda, Warangal 506 002. Yamunanagar : 103, Model Town, Nehru Park Road, Yamunanagar 135 003.


      INVESTOR SERVICE CENTRES AND OFFICIAL POINTS OF ACCEPTANCE FOR TRANSACTIONS (Available Post NFO and for Switch During NFO Period)
                                                                                       HSBC MUTUAL FUND CENTRES
Ahmedabad : Mardia Plaza, C.G. Road, Ahmedabad 380 006. Bangaluru : No. 7, HSBC Centre, M.G. Road, Bangaluru 560 001. Chandigarh : SCO - 1, Sector-9D, Madhya Marg, Chandigarh 160 017 Chennai : 96, Radhakrishnan
Salai, 2nd Floor, Mylapore, Chennai 600 004. Coimbatore : 108, "Srivari Gokul Towers", Race Course Road, Coimbatore 641 018 Hyderabad : 6-3-1107 & 1108, Raj Bhavan Road, Somajiguda, Hyderabad 500 082. Indore :
Darshan Mall, 15 / 2, Race Course Road, Indore 452 001. Jaipur : Vasanti, 61 - A, Sardar Patel Marg, C-Scheme, Jaipur 302 001. Kochi : HSBC, II Floor, Pulikkal Estate, Pallimukku, M. G. Road, Kochi 682 016. Kolkata :
Jasmine Tower, 1st Floor, 31, Shakespeare Sarani, Kolkata 700 017. Lucknow : C / o Business Bridge, 2nd Floor, Saran Chambers - 2, 5, Park Road, Lucknow 226 001 Mumbai : 314 D. N. Road, Fort, Mumbai 400 001. New
Delhi : 3rd Floor, East Tower, Birla Tower, 25, Barakhamba Road, New Delhi 110 001. Pune : Amar Avinash Corporate City, Bund Garden Road, Pune 411 001. Vadodara : Sheel Building, 1/2 Kalpana Society, Inox Multiplex
Road, Race Course Circle, Vadodara 390 007.
                                                            CAMS INVESTOR SERVICE CENTRES : TEL.: 1-800-425-2267
Agra, Ahmedabad, Ajmer, Aligarh, Allahabad, Alwar, Amaravati, Amritsar, Anand, Ankleshwar, Asansol, Aurangabad, Balasore, Bangaluru, Belgaum, Berhanpur, Bhavnagar, Bhilai, Bhilwara, Bhopal, Bhubaneswar,
Bhuj, Bokaro, Burdwan, Calicut, Chandigarh, Chennai, Cochin, Coimbatore, Cuttack, Davenegere, Dehradun, Dhanbad, Dhule, Durgapur, Erode, Faridabad, Ghaziabad, Goa, Gorakhpur, Guntur, Gurgoan, Guwahati,
Gwalior, Hosur, Hubli, Hyderabad, Indore, Jabalpur, Jaipur, Jalandhar, Jalgaon, Jammu, Jamnagar, Jamshedpur, Jhansi, Jodhpur, Junagadh, Kalyani, Kanpur, Kestopur, Kolhapur, Kolkata, Kollam, Kota, Kottayam,
Lucknow, Ludhiana, Madurai, Mangalore, Manipal, Mathura, Meerut, Moradabad, Mumbai, Muzzafarpur, Mysore, Nagpur, Nasik, Navsari, Nellore, New Delhi, Panipat, Patiala, Patna, Pondicherry, Pune, Raipur,
Rajahmundry, Rajkot, Ranchi, Ratlam, Rohtak, Rourkela, Salem, Sambalpur, Siliguri, Solapur, Surat, Thiruppur, Tirunelveli, Tirupati, Trichur, Trichy, Trivandrum, Udaipur, Vadodara, Valsad, Varanasi, Vashi, Vellore,
Vijayawada, Visakhapatnam, Warangal.
Please note that during the NFO, Switch Transactions (switch-out from an existing scheme of HSBC Mutual Fund to HSBC Emerging Markets Fund) should be submitted only at HSBC Mutual Fund Investor Service
Centres or the CAMS Centres listed above.
     Application Form                                            HSBC Emerging Markets Fund (HEMF)
    Please read the instructions before filling the Form
                                                                                    An open-ended scheme
      DISTRIBUTOR INFORMATION (Only empanelled Distributors / Brokers will be permitted to distribute Units)
           Distributor / Broker ARN          Sub-Broker Code                    Registrar Serial No.
                                                                        54934                                                                        Application No.:               W
      NJ India Invest / ARN-0155
1    EXISTING UNITHOLDER [Please fill in your Folio No. below. Please furnish only KYC and PAN details in Section 2 (if not provided earlier) and proceed to Auto Debit Form]
     Please note that applicant details and mode of holding will be as per existing Folio Number.                   Folio No.
2     APPLICANT'S INFORMATION (Please fill in Block Letters use one box for one alphabet leaving one box blank between two words)
     SOLE / FIRST APPLICANT'S PERSONAL DETAILS                                                                                  Gender (3)      Male        Female
     Name Mr Ms M/s
     PAN** (Mandatory)                                                     Enclosed (3)     PAN Card Copy           KYC Compliance Proof*
     Date of Birth‡ (Mandatory for Minors) D D M M Y Y Y Y
     Occupation‡ ( 4)          Private Sector Service       Public Sector / Government Service        Business         Professional         Agriculturist         Retired
                               Housewife         Student        Forex Dealer         Others (Please specify) _____________________________________
     Guardian Name (if Sole / First applicant is a Minor) Contact Person (in case of Non-individual Investors only)
      Mr Ms M/s
     PAN** (Mandatory)                                                     Enclosed (3)     PAN Card Copy           KYC Compliance Proof*
     Date of Birth‡ (Mandatory for Minors) D D M M Y Y Y Y (PAN/KYC Compliant not required for contact person but required for Guardian of Minor)
     Nationality‡                                                    Country of Residence‡
     Address for Correspondence     ‡ [P.O. Box Address is NOT sufficient] (Should be same as in CVL records, please refer to points 6 in Important Instructions)


       City                                                                                                                                                       Pin Code
      State                                                                                         Country
     Contact Details
     Phone O                                                                          Extn.                             Fax
               R                                                                                   Mobile
      Receive Account Statement, Annual Reports and other information instantly by e-mail*                             I/We wish to receive updates via SMS on my mobile (3)
     e-mail
        I / We wish to receive the above by email               * Note : Where the investor has not opted for any option or has opted for both options, the application will be processed as per the
        I / We do not wish to receive the above by email        default option, i.e., receive the account statement, annual reports and other correspondence by e-mail and receive SMS updates on Mobile.
     Overseas Address (Mandatory in case of NRI / FII applicant in addition to mailing address) (Should be same as in CVL records, please refer to points 6 in Important Instructions)

                                                                                                                                      City
        State                                                                              Country                                                                             Zip Code
     Status ( 4)   Resident Individual                     Minor   Partnership Company     HUF                  FII     NRI       Trust      Society       AOP / BOI         Others ______________
     Mode of Holding (4)        Single                       Joint      Anyone or Survivor
     Name of Second Applicant                                                                                    Name of Third Applicant
     Mr Ms M/s                                                                                                   Mr Ms M/s

     PAN** (Mandatory)                                                                                            PAN** (Mandatory)
     Enclosed (3)                        PAN Card Copy            KYC Compliance Proof*                           Enclosed (3)                   PAN Card Copy              KYC Compliance Proof*
     PoA Holder Details* (If the investment is being made by a Constituted Attorney please furnish Name and PAN of PoA holder)
     Name Mr Ms M/s                                                                                                PAN**
     * W.e.f. 01February, 2008, if the investment is Rs. 50,000 and above, all the applicants including PoA Holder need to be KYC Complaint. Please see point 6 under Important Instructions. ** Please note that
     w.e.f. 01January, 2008, copy of PAN Card is Mandatory for all investors (including Joint Holders, Guardian in case of Minor and NRIs). Please submit photocopy of PAN Card (alongwith the original) for verification,
     which will be return across the counter. Please see point 5 under Important Instructions. ‡ Please note that information sought here will be obtained from CVL also. In case of any differences, the CVL input will
     apply. Please note that in this NFO, any investment of Rs. 50,000 and above will require all applicants to be KYC compliant.                                                                  ...continued overleaf %



      AUTO DEBIT FORM - For SIP Investments
1 ECS DEBIT BANK ACCOUNT DETAILS (MANDATORY) (Cheque should be drawn on bank, details provided below ; Please attach cancelled Cheque copy.)
     I / We hereby authorise HSBC Asset Management (India) Pvt. Ltd., Investment Manager to HSBC Mutual Fund acting through their authorised service providers to debit my / our following bank account
     by ECS (Debit Clearing) / Direct Debit Facility or any other facility for collection of SIP payments.
     Name of the Account
     Holder as in Bank Records                             First Name                                                 Middle Name                                              Last Name
     Name of the Bank
     Branch Address                                                                                                                                    City
     Account Number                                                                                                   A/c. Type (4)    Current Savings NRO* NRE*          * For NRI Investors
     Debit Amount                                                                         SIP Date (4) 3rd 10th 17th 26th                SIP Period Start Date M M Y Y End Date M M Y Y
     MICR Code                                                                       l   This is a 9 digit number next to your Cheque No. IFSC Code

2 AUTHORISATION OF THE BANK ACCOUNT HOLDER [to be signed by the Account Holder(s)]
     This is to inform I / we have registered for the RBI's Electronic Clearing Service (Debit Clearing) / Direct Debit Facility and that my / our payment towards my / our investment in HSBC Mutual Fund
     shall be made from my / our below mentioned bank account number with your bank. I / We authorise HSBC Asset Management (India) Pvt. Ltd. (Investment Manager to HSBC Mutual Fund), acting through
     their service providers and representative carrying this ECS mandate / Direct Debit Facility Form to get it verified & executed. Mandate verification charges, if any, maybe charged to my / our account.
                                                                                                                   SIGNATURE(S) (As In Bank Records)
                     Account Number

                                                                                Sole/First Account Holder                         Second Account Holder                             Third Account Holder

     ACKNOWLEDGEMENT SLIP (To be filled in by the Investor)                                                                                          Application No. :            W
     Received from Mr Ms M/s
     an application for purchase of Units of HSBC EMERGING MARKETS FUND Option   Growth     Dividend Reinvestement    Dividend Payout
        Lumpsum investment alongwith Cheque / DD No. _______________________________________________ Dated ___________________________
        Drawn on (Bank) __________________________________________________________________ Amount (Rs.)
          SIP Investment        1st instalment Cheque No. ___________________________________________                     ECS (Debit Clearing) / Direct Debit Facility
       Total Amount (Rs.)                                                                                                Date D D / M M / Y Y Y Y
                                                                                                                                                                                        Signature, Stamp & date
     Please Note : All purchase are subject to realisation of cheques / DD.
3    BANK ACCOUNT DETAILS (MANDATORY as per SEBI Guidelines)
      My / Our bank details are the same as mentioned in point 1 of the Auto Debit Form. (3)                                                                       Yes        No. If no, please provide the following details
     A/c. No.                                                                                                                               A/c. Type (4)                  Current          Savings           NRO*            NRE*               * For NRI Investors
     Bank Name
     Branch Address                                                                                                                                                           City
      MICR Code (9 digit number next to your Cheque No.)                                         k                                                                                        IFSC Code
4 INVESTMENT & PAYMENT DETAILS (Please (4) Scheme / Option / Sub-Option and then choose Option A or B below) (Please use separate forms for Options A and B below)
   Scheme Name H S B C    E M E R G I N G                    MA R K E T S                     F U N D
      Option ( 4 )                             Growth*                   Dividend
                                                                               Reinvestment**                           Payout                   * Default Option, if not ticked.                           ** Default Sub-option, if not ticked.
    (A) LUMPSUM INVESTMENT :                                                                                                         (B) SIP INVESTMENT :
    Investment Amount Rs.                                                                                                             Frequency (Please 4)   Monthly Quarterly SIP Date (4)                                                3rd         10th         17th         26th
    DD charges (Rs.)                                                                                                                  Period of enrolment From M M / Y Y Y Y To                                                            M M           /    Y Y Y Y
    Net Amount (Cheque /                                                                                                              Amount (Rs. Figures)
    DD amount) Rs.
                                                                                                                                       Amount (Rs. in Words)
    Mode of Payment                          Cheque / DD                                                                               If the instalment amount is Rs. 50,000 and above then KYC needs to be completed.
    Cheque / DD No.**                                                                                                                                                       PAYMENT MECHANISM :
    Dated                                                                                                                              ECS (Debit Clearing) / Direct Debit Facility (Please complete the SIP Auto Debit Form if you choose this Option)
                                                                                                                                       First instalment has to be through cheque / DD.
    Cheque / DD Drawn on :
    Bank                                                                                                                               Cheque / DD No.
    Branch                                                                                                                             Bank
    City                                                                                                                               Branch                                                                            City
    A/C No.                                                                                                                            A/C No.
                                                                                                                                       The first SIP instalment cheque should be dated the date of submission of the Application Form. Auto-Debit instructions will apply for
    A/c. Type (4)     Current Savings NRO* NRE* (* For NRI Investors)                                                                  subsequent installments beginning with the nearest SIP Date at least 25 business days after the first SIP Date. Please note that the first SIP
    ** Please mention the Application No. on the reverse of the Cheque / DD.                                                           instalment cheque and Auto-Debit instruction should be for the same amount.
    MANDATORY DECLARATION : The details of the bank account provided above pertain to my / our own bank account in my / our name (3)                                                                           Yes     No. If No, my relationship
    with the bank account holder is (3)                        Spouse           Child         Parent          Relative          Sibling          Friend          Others. Application Form without this information is liable to be rejected.
5    NOMINATION DETAILS (To be filled in by Individual(s) applying singly or jointly)                                                                                                                                                (ref. important instruction 8)
     I/We                                                                             and                                                                                                                                                                      * do
     hereby nominate the undermentioned nominee to receive the units allotted to my / our credit in my Folio in the event of my / our death.                                                                                    (* strike out which is not applicable)
     Name and Address of Nominee / Guardian (in case Nominee is a Minor)
     Name
     Address

     Date of Birth (in case Nominee is a minor)                                                                                                                                                                           Signature of Guardian
6    DECLARATION AND SIGNATURES
     The Trustees, HSBC Mutual Fund                                                                                                                                      Sole / First
     Having read and understood the contents of the Offer Document of the Scheme, I / We hereby apply to the Trustees of HSBC Mutual Fund for units of the                                                                                  PoA
                                                                                                                                                                         Applicant /                                                        Holder
     Scheme / Option as indicated above and agree to abide by the terms, conditions, rules and regulations of the Scheme. I / We have understood the details of
     the Scheme and I / We have not received nor been induced by any rebate or gifts, directly or indirectly, in making this investment. I / We hereby authorise HSBC
                                                                                                                                                                         Guardian
     Mutual Fund, its Investment Manager and its Agents to disclose details of my / our investment to my/our bank(s) / HSBC Mutual Fund’s Bank(s) and / or Distributor                                                                      PoA
     / Broker / Investment Advisor and to verify my / our bank details provided by me / us. *I/We confirm that I am/we are Non-Residents of Indian Nationality
                                                                                                                                                                         Second
                                                                                                                                                                         Applicant                                                          Holder
     / Origin and that the funds are remitted from abroad through approved banking channels or from my / our NRE / NRO / FCNR Account. I / We confirm that
     the details provided by me / us are true and correct. I / We hereby declare that the amount being invested by me/us in the Scheme(s) of HSBC Mutual Fund
     is derived through legitimate sources and is not held or designed for the purpose of contravention of any Act, Rules, Regulations or any statute or legislation                                                                        PoA
     or any other applicable laws or any Notifications, Directions issued by any governmental or statutory authority from time to time.                                  Third
                                                                                                                                                                         Applicant                                                          Holder
     *Applicable to NRI                                                                                    Date

                                                                                   Applications from investors resident in USA or Canada shall be rejected.


     ECS / Direct Debit - Terms & Conditions
     1.       ECS facility is offered to the investors having bank accounts in select cities mentioned below.                                                is removed, SIP instructions for investors in such cities via ECS (Debit) route will be discontinued
              l Agra l Ahmedabad l Allahabad l Amritsar l Aurangabad l Bangaluru l Bardhaman                                                                 without prior notice.
              l Baroda l Bhilwara l Bhopal l Bhubaneshwar l Calicut l Chandigarh l Chennai l Cochin                                                3.        The bank account provided for ECS (Debit) should participate in local MICR clearing.
              l Coimbatore l Dehradun l Delhi l Durgapur l Erode l Gorakhpur l Guwahati l Gwalior                                                  4.        Investor will not hold HSBC Mutual Fund, its registrars and other service providers responsible
              l Hubli l Hyderabad l Indore l Jabalpur l Jaipur l Jalandhar l Jammu l Jamshedpur                                                              if the transaction is delayed or not effected or the investor bank account is debited in advance or
              l Jodhpur l Kanpur l Kolhapur l Kolkata l Lucknow l Ludhiana l Mangalore l Mumbai                                                              after the specific SIP date due to various clearing cycles of ECS / Direct Debt Facility.
              l Mysore l Nagpur l Nellore l Panjim l Patna l Pune l Raipur l Rajkot l Ranchi l Salem
                                                                                                                                                   5.        HSBC Asset Management (India) Pvt. Ltd., registrars of HSBC Mutual Fund and other service
              l Shimla l Sholapur l Siliguri l Surat l Tirupati l Trichur l Trivandrum l Udaipur l Varanasi
                                                                                                                                                             providers shall not be responsible and liable for any damages / compensation for any loss, damage
              l Vijayawada l Vizag
                                                                                                                                                             etc. incurred by the investor. The investor assumes the entire risk of using this facility and takes
              List of Banks / Branches for SIP Direct Debit Facility                                                                                         full responsibility.
                 Banks                                                                        Branches                                             6.        You can choose to discontinue this facility by giving 25 Business Days written notice to our
                                                                                                                                                             Registrar CAMS.
                  Axis Bank Limited, HDFC Bank Ltd., ICICI Bank,                                                                                   7.        HSBC AMC and its service providers reserve the right to disclose the details of the Investors and
                  IDBI Bank Limited, IndusInd Bank Limited,                                                                                                  their transactions using the SIP Auto Debit Facility to third parties for the purposes of verification
                  Kotak Mahindra Bank Limited and South Indian Bank                                                  All Branches                            and execution of the Auto Debit Facility as also for the purpose of law enforcement, fraud
                 Bank of Baroda, Bank of India and Punjab National Bank                       Select Branches                                                prevention, audit and inspection requirement etc.
                                                                                                                                                   8.        The Investor undertakes and agrees that the SIP Auto Debit Facility requested for via this Form
     2.       The cities in the list may be modified / updated / changed / removed at any time in future entirely                                            is subject to acceptance of the terms and conditions mentioned in Offer Document of the Scheme.
              at the discretion of HSBC Mutual Fund without assigning any reason or prior notice. If any city

INVESTOR SERVICE CENTRES*
HSBC MUTUAL FUND INVESTOR SERVICE CENTRES : l Ahmedabad : Tel: 9898377319 / 21 l Bangaluru : Tel: 080 41186519 / 21 l Chandigarh : Tel: 0172 5008119 / 21 l Chennai : Tel: 044 42008719 / 21
l  Coimbatore : Tel: 9894477319 / 21 l Hyderabad : Tel: 040 66674719 / 21 l Indore : Tel: 9893477319 / 21 l Jaipur : Tel: 9928037319 / 21
l Kochi : Tel: 9895477319 / 21 l Kolkata : Tel:        033 22139919 / 21 l Lucknow : Tel: 9936797319 / 21 l Mumbai : Tel: 022 66668819 / 21 l Nagpur : Tel: 9860827319 / 21
l New Delhi : Tel: 011 41490719 / 21 l Pune : Tel: 020 – 26001119 / 21, 26134283 l Vadodara : Tel: 9898377319 / 21

CAMS COLLECTION CENTRES: Tel.: 1-800-425-2267 Please contact the nearest Investor Service Centre for an updated list of Official Points of Acceptance and details of HSBC Investor Service
Centres and CAMS Investor Service Centres. * ISCs will also be collection centres.

                                                  Contact us at                 hsbcmf@hsbc.co.in                                               Visit us at                www.hsbcinvestments.co.in                                                                             alok
                                                                                                                                                                                                                                                                                graphics
Important Instructions
1) Please refer to the Offer Document before filling the Application Form.                                            In view of this, with effect from February 01, 2008 each investor (including Joint unit holder) who wishes
2) Please refer the section on "Who can invest?" for a list of eligible investors in the Offer Document.              to invest an amount of Rs. 50, 000/- or more need to obtain this KYC confirmation letter from CVL and
3) All applicants are deemed to have accepted the terms subject to which this offer is being made and                 quote the same in the application form for investing in the schemes of Mutual Fund. Please note that
   bind themselves to the terms upon signing the Application Form and tendering the payment.                          in this NFO, any investment of Rs. 50, 000 and above will require all applicants to be KYC
4) Applications under Power of Attorney / Body Corporate / Registered Society / Trust / Partnership                   compliant.
   The original Power of Attorney or a duly notarised copy of the Power of Attorney shall be required            7)   NRIs, Persons of Indian Origin, FIIs
   to be submitted where applications are made under a Power of Attorney.                                             The Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India)
   A company, body corporate, eligible institutions, registered society, trusts, partnership or other eligible        Regulations, 2000 (the "FEMA Regulations") permit a NRI / POI to purchase on repatriation or non-
   non-individuals who apply in the schemes should furnish a certified copy of resolution or authority to             repatriation basis, without limit, units of domestic mutual funds. Payment for such units must be made
   make the application as the case may be and a certified copy of the Memorandum and Articles of                     either by cheque or demand draft by means of: (i) inward remittance through normal banking channels;
   Association and / or bye-laws and / or Trust Deed and / or Partnership Deed and certificate of registration        or (ii) out of funds held in the NRE / FCNR account, in the case of purchases on a repatriation basis
   or any other document as the case may be. In case of a Trust / Fund, it shall submit a certified true copy         or out of funds held in the NRE / FCNR / NRO account, in the case of purchases on a non-repatriation
   of the resolution from the Trustee(s) authorising such purchases. The officials should sign the application        basis.
   under their official designation and furnish a list of authorised signatories. All communications and              Investments by NRIs / FIIs shall be in accordance with the prevailing laws governing such investments.
   payments shall be made to the First Applicant only.                                                                Payment by the FII must be made either by inward remittance through normal banking channels or
5) PAN Details (PAN Mandatory for all investments)                                                                    out of funds held in foreign currency account or non resident rupee account maintained by the FII
   As per Securities and Exchange Board of India (SEBI) Circular dated 27 April 2007 and letter dated                 with a designated branch of an authorised dealer in terms of paragraph 2 of Schedule 2 to the FEMA
   25 June 2007, Permanent Account Number (PAN) has been made the sole identification number for                      Regulations.
   all participants investing in the securities market, irrespective of the amount of investment.                8)   Nomination Details
   With effect from 1 January 2008, for all applicable transactions, investors will need to submit a                  Applicants applying for Units singly / jointly can make a nomination at the time of initial investment
   photocopy of their PAN card, which shall have been either verified with the original or verified/                  or during subsequent investments.
   attested by AMFI registered distributors, bank managers or judicial authorities. The PAN requirements         a)   The nomination can be made only by individuals applying for / holding units on their own behalf singly
   will be applicable to all joint applicants as well as the Guardian, in case of applications by a Minor.            or jointly. Non-individuals including society, trust, body corporate, partnership firm, Karta of Hindu
   Accordingly, submission of Form 49A and/ or declaration in Form 60/61 will not be accepted. Hence,                 Undivided Family, holder of Power of Attorney cannot nominate. If the units are held jointly, all joint
   all applicable transactions not accompanied by a duly verified/ attested copy of PAN card are liable               holders will sign the nomination form.
   to be rejected.                                                                                               b)   A minor can be nominated and in that event, the name, address and PAN of the Guardian of the minor
6) Know Your Customer (KYC)                                                                                           nominee (in case the minor does not have PAN) shall be provided by the Unitholder.
   KYC is mandatory under the Prevention of Money Laundering Act, 2002 for all applications for                  c)   The Nominee shall not be a trust, (other that a religious or charitable trust) society, body corporate,
   subscriptions of Rs. 50,000 and above. This will be applicable for investments from individual investors           partnership firm, Karta of Hindu Undivided Family or a Power of Attorney holder. A non-resident
   including joint holding / institutional customers / other non-institutional investors / investments through        Indian can be a Nominee subject to the exchange controls in force, from time to time. Nomination
   power of attorney holders / investments of minor through guardian.                                                 can also be made in favour of the Central Government, State Government, Local Authority, any person
   The KYC requirements can be completed by filling up the prescribed form and submitting the same along              designated by virtue of his office or a religious or charitable trust.
   with the other requisite details / proof (attested true copies of supporting documents relating to proof      d)   Nomination in respect of the Units stands rescinded upon the transmission of Units.
   of identity and address or verification with the original) to a designated Point of Service (PoS) of CDSL     e)   Transmission of Units in favour of a Nominee shall be valid discharge by the AMC / Mutual Fund
   Ventures Limited (CVL). Any subsequent chang e to Address, Pin Code, Country, Nationality, Occupation,             / Trustees against the legal heir.
   Income details, Date of Birth, Proof of Identity need to be communicated to CVL ONLY. For details             f)   The cancellation of nomination can be made only by those individuals who hold Units on their own
   of the process and list of PoS, please visit our website http://www.hsbcinvestments.co.in In case investor         behalf singly or jointly and who made the original nomination.
   has completed the KYC Compliance process, without submitting a copy of PAN Card, he/she must                  g)   On cancellation of the nomination, the nomination shall stand rescinded and the AMC / Mutual Fund
   forthwith provide a copy PAN Card alongwith the copy of KYC compliance acknowledgment to CVL.                      / Trustees shall not be under any obligation to transmit the Units in favour of the Nominee.




Instructions for filling up the Application Form
1. General Information                                                                                           A) Lumpsum Investment
a) The Application Form should be completed in ENGLISH in BLOCK LETTERS only.                                    a) All cheques and bank drafts must be drawn in the name of the Scheme or its abbreviation
   Please Tick (4) in the appropriate box (     ), where boxes have been provided.                                  as applicable and crossed "Account Payee only". A separate cheque or bank draft must
b) Existing investors of HSBC Mutual Fund who have provided their PAN earlier and                                   accompany each Application. Kindly note that post dated cheques are not allowed except
   wanting to make an investment will need to fill up ONLY their Folio Number in                                    for Systematic Investment Plan (SIP) Transactions.
   Section 1 and then please proceed to section 4. However, new investors will be required                       b) Bank charges for demand drafts will be borne by the AMC and will be limited to the bank
   to fill up the Applicant's Details in Section 2.                                                                 charges as per table below. The AMC will not entertain any request for refund of demand
                                                                                                                    draft charges.
2. Applicant's Information
                                                                                                                      Amount                 DD Charges
Applicants must provide all the details under Section 2 of the Application Form.
a) Name and address must be given in full (P.O. Box Address alone is not sufficient). In case                         Upto Rs.10,000/-       At actuals, subject to a maximum of Rs. 65/-.
   of NRIs / FIIs, 'Overseas Address' should also be provided.                                                        Above Rs.10,000/-      At Rs. 3.50/- per Rs. 1000/-. Minimum Rs 65/- and Maximum Rs 12,500/-.
b) Please provide the name of the Contact Person in case of investments by a Company / Body                           However, such Demand Draft charges would be reimbursed only when the investor is not
   Corporate / Partnership Firm / Trust / Society / FIIs / Association of Persons / Body of                           residing in any of the locations where the AMC or CAMS have official points of acceptance.
   Individuals.
                                                                                                                 B) SIP Investment
c) Investor has an option to receive communication through email. The investor always has
                                                                                                                 a) An investor needs to provide a minimum of 12 cheques (for Monthly Option) and 4 cheques
   a right to demand a physical copy of any or all the documents in respect of the services
                                                                                                                    (for the Quarterly Option). The minimum amount of instalment is Rs.1,000 for monthly
   provided by the Fund.
                                                                                                                    SIP and Rs. 3,000 for quarterly SIP.
3. Bank Account Details                                                                                          b) The cheque for the first SIP instalment can carry any date. The first instalment of the SIP
   Applicants should provide the name of the bank, branch address, account type and account                         will be processed subject to applicable NAV & load, if any, on the date of NFO allotment
   number of the Sole / First Applicant. As per SEBI guidelines, it is mandatory for investors                      (post dated cheque will not be accepted). The second instalment in case of monthly SIP
   to mention their bank account details in the Application Form. AMC will endevour to                              will be processed on the available SIP date (currently 3rd, 10th, 17th or 26th of every month)
   directly credit redemption / dividend proceeds in customer's bank account wherever possible.                     indicated by the investor, but immediately following the expiry of 25 Business Days from
   Applications without this information will be rejected. At present, the AMC has direct credit                    the date of processing the first SIP. If the choice of date for the second instalment is not
   tie-ups with following banks :                                                                                   indicated by the investor, the second instalment of SIP will be processed on the earliest SIP
   ABN AMRO Bank • Centurion Bank • Citibank N A • DBS Bank Ltd. • Deutsche Bank                                    date (3rd, 10th, 17th or 26th) immediately following the expiry of 25 Business Days from
   AG • HDFC Bank Ltd, HSBC Ltd. • ICICI Bank • IDBI Bank Ltd. • IndusInd Bank Limited                              the date of processing the first SIP installment. In case of quarterly SIP, the date for next
                                                                                                                    instalment will be 10th of the relevant month. If any of above dates fall on a holiday, the
   • ING Vysya Bank • Kotak Mahindra Bank Ltd. • Standard Chartered Bank • UTI Bank
                                                                                                                    transaction will be taken as of the next Business Day. Outstation cheques will not be
   Ltd. • Yes Bank.
                                                                                                                    accepted.
4. Investment and Payment Details                                                                                c) Cheque should be drawn in the name of the Scheme or its abbreviation e.g. “HSBC
a) The application amounts can be tendered by cheque / demand drafts payable locally at any                         Emerging Markets Fund or HEMF” and crossed “A/c. Payee only”.
   of the ISCs and designated collection centres. Application Forms accompanied with outstation                  Please use separate Application Form for Option A or B in Section 4.
   cheques / stockinvests / postal orders / money orders / cash will not be accepted. All cheques
                                                                                                                 5. Nomination Details
   and bank drafts must be drawn in the name of the Scheme or its abbreviation e.g. “HSBC
                                                                                                                 Applicants applying for Units singly / jointly can make a nomination at the time of initial
   Emerging Markets Fund or HEMF”and crossed "Account Payee only". A separate
                                                                                                                 investment or during subsequent investments.
   cheque or bank draft must accompany each Application. Kindly note that post dated
   cheques are not allowed.                                                                                      6. Declaration and Signatures
b) If no indication is given for the investment the default Option (Common to all Schemes) will be as            a) Signatures can be in English or in any Indian language. Thumb impressions must be attested
   follows :                                                                                                        by a Magistrate / Notary Public under his / her official seal. In case of HUF, the Karta will
                                                                                                                    sign on behalf of the HUF.
    Indication not made                                                        Default
                                                                                                                 b) Applications on behalf of minors should be signed by their Guardian.
    Dividend / Growth Option                                                   Growth Option
                                                                                                                 HSBC Mutual Fund / AMC, reserves the right to reject any application inter alia in the absence
    Dividend Payout / Reinvestment                                             Dividend Reinvestment
                                                                                                                 of fulfilment of regulatory requirements, fulfilment of requirements of the Offer Document and
    Mode of holding (in cases where there are more than one applicant)         Joint                             furnishing necessary information to the satisfaction of the Mutual Fund / AMC.

								
To top