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Mumbai, Jan. 22 HSBC Investments has launched the HSBC Emerging Markets Fund (HEMF), an open-ended scheme that seeks to provide long-term capital growth by investing in emerging economies the world over.

The fund would invest both within and outside India. “With the HSBC Emerging Markets Fund, an investor has the opportunity to invest through other emerging markets in industries that are relatively underdeveloped in India.

"His risk can also be diversified through investments across geographies,” said Mr Sanjay Prakash, CEO of HSBC Investments (India).

HEMF can invest up to 100 per cent of its assets in overseas markets.

The fund may also invest a limited proportion in domestic debt and money market instruments in case equity markets are considered unfavourable.

The offer period of the HSBC Emerging Markets Fund runs from January 15 until February 15.

The minimum investment amount is Rs 10,000.

More Stories on : New Fund Offer

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