HSBC Mutual Fund will be managing the assets of L&T Mutual Fund with effective from 26 November, and as a result of the acquisition the merged L&T Mutual Fund schemes will no longer exist, and all schemes will be renamed to HSBC.
Post the specified time, the mutual fund schemes operated by L&T Mutual Fund will be either transferred to HSBC Mutual Fund with a different name or will be consolidated with identified mutual fund schemes of HSBC.
