Wrong NAV for the MF scheme 'HSBC Smallcap Fund Growth Direct'

[Sankar]

Recently, 'L&T Emerging Business Fund Direct Plan Growth Option' was merged with HSBC AMC's 'HSBC Smallcap Fund Growth Direct' Fund. So, I chose merge option and transferred the balance units from the former scheme to the latter scheme in the application. However, the NAV shown for the latter scheme, as on date (03-12-2022) is Rs.12.7765 instead of Rs.52.7340.


Please look into the matter.

[Tanmay Keni]

Dear Sankar,


Our concerned team is reviewing the L&T and HSBC funds on priority. As L&T acquired by HSBC there are multiple schemes undergoing merger, name change and change in fundamental attributes.


Once it is done we will notify you via email. Also if required our team will contact you. You can send your queries to [email protected]