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L&T Mutual Fund has received approval from SEBI to change its control to HSBC Asset Management and merge or carry over some schemes. The migration process is in progress and the websites and applications will be unavailable from 25th to 28th November 2022.
This web page allows you to login to your HSBC Mutual Fund account using your PAN number. If you are an existing L & T Mutual Fund user, you can also login from this page.
Acquisition of L&T Investment Management Limited and schemes of L&T Mutual Fund. BACKGROUND.
L&T Mutual Fund: Get the Latest Information on L&T Mutual Fund Schemes, Returns, Latest Nav, Ratings. L&T Mutual Fund Manager, L&T Mutual Fund Application Form.
L&T Mutual Fund was an Indian mutual fund company that operated between 2010 and 2023. The asset manager of its mutual fund schemes was L&T Investment Management Ltd, a wholly-owned subsidiary of Larsen & Toubro. In November 2022, L&T Finance Holdings sold the company to HSBC for ₹ 3,484 crore ($425 million).
Nov 24, 2022 · L&T Value Fund with an AUM of ₹ 8,014 crore will now become HSBC Value Fund. On one-year, three-year and five-year basis, the L&T MF has given 5.30%, 19.44% and 9.83% returns, respectively....
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Nov 28, 2022 · HSBC Asset Management (India) has completed the acquisition of L&T Investment Management, the investment manager of L&T Mutual Fund, for US$ 425 million. The schemes of L&T Mutual Fund will be transferred to HSBC Mutual Fund or merged with HSBC schemes, according to the announcement.
