HBL Multi Asset Fund
HBL Multi Asset Fund is an open end balanced fund managed by HBL Asset Management Ltd, a wholly owned subsidiary of HBL.
To provide long-term capital growth and income by investing in multiple asset classes such as Equity, Equity related instruments, Fixed Income Securities, Continuous Funding System, Derivatives and Money Market instruments.
Benefits of Investing in HBL Multi Asset Fund:
- Ideal for investors who are risk averse yet want to avail the capital growth in stock market.
- Minimum Investment: Rs.1,000/=
- Subsequent investment : Rs.1,000/=
- Holding Period: No fixed term; can be redeemed at any time.
- Tax Credit: Can be availed by Salaried and self-employed individuals as per current tax laws.
- CGT: Capital Gains Tax will be deducted as per current tax laws.
- Encashment: 2-3 Days. However constitutive documents of the fund allow up to six working days.
- Front end Load: 2.0%
- Risk Level: Medium -High