Our multi-asset portfolios, a unique offering of dynamic asset allocation portfolios, are rated four-star by Morningstar and so are three of our funds in fixed income. We offer a prudent and well-researched process for investors looking to invest for the longer term. Our equity funds are mostly in quartile one or quartile two on a year-to-date basis, according to Morningstar. For example, the HSBC Large Cap Fund since its launch is one of the best performing funds in the country.
BEST PERFORMING MUTUAL FUNDS IN INDIA 2016 FREE
Stay on top of markets and mutual funds with Fundsupermart’s mobile application specially designed for investors of the fast-moving mutual fund industry Its free Get the app. OPPORTUNITIES FUND- GROWTH-11.32: PGIM INDIA GLOBAL EQUITY OPPORTUNITIES FUND- GROWTH. Fund performance is a function of the time period one looks at. Fund Name FRANKLIN INDIA FEEDER - FRANKLIN U.S. What is working well will continue with no changes. A lot of L&T investors may have apprehensions about how the performance will become once the acquisition happens. Historically, your schemes have not sort of topped the performance charts. In India, specifically, what does that mean is that we want to be in the near term, a top 10 player, and in the medium term, a top-five player. The issue is, what is our strategy? And what is this transaction helping us achieve in terms of the big picture story, but also a fairly immediate story, and that rolls in from our group strategy to what we define as our Asia strategy where we aspire for the leadership position. What are your plans and targets for the merged entity? How you decide one in terms of managing and co-managing, I think all of that will be in discussions, which will take place as time progresses. With the plans that we have, there are going to be significant opportunities for all our colleagues on both sides. And I think that's the whole attractiveness of this business. And if one looks at the absolute number of people, on both sides, these are not very large teams. The way we look at it, as the other attractive part of the transaction. In terms of fund managers, how would you decide, who would continue to manage which fund? Globally, HSBC is very, very focused on ESG. On the flip side, we have our capabilities on products, in terms of, international products, and through the fund of funds, which they don't have.
So, there are almost 12 new funds that we will get. Also, L&T MF has close to 29 open-ended schemes, of which we have about 17 funds in common. The scale and size are arising from a large customer base that they have at almost 2.4 million. Their sheer scale and size are very significant. To start with, they are in the ballpark of about ₹80,000 crore (assets under management) and we are at about ₹13,000 crore. L&T is a great fit in terms of where we are, the kind of strengths that we have, and what they bring to the table. In what ways L&T Mutual Fund is a good fit for HSBC AMC?