Presenting the HSBC Tax Saver Equity Fund with FREE Critical Illness Cover

Why Equity Funds?

All of us aspire for enough wealth to be able to finance at least some of our dreams. Giving our family the very best, educating our children, indulging in a hobby - things that can make our lives more rewarding. One of the best chances of doing so is by investing wisely and regularly today. When one is investing for the long-term, one has to look at generating a return that is greater than inflation. For example, if you get a return of 10% from your investment and inflation is 8% then the real return you have made is 2%. Studies show that equity and equity linked instruments tend to outperform all other forms of investments in the long run. Hence you should look at investing some portion of your money in equity markets with an aim to meet future goals comfortably.


Presenting the HSBC Tax Saver Equity Fund with FREE Critical Illness Cover

HSBC Tax Saver Equity Fund (HTSF) is an Equity Linked Savings Scheme (ELSS) that offers an opportunity for tax saving by providing Sec 80C benefits. Moreover, it seeks to provide capital appreciation by investing in a diversified portfolio of equity and equity-related instruments of companies across various sectors and industries. With the Indian economy possessing strong fundamentals and corporate earnings showing great growth potential, equity as an asset class looks set to provide remarkable returns.

FREE Critical Illness Cover

Now with every HSBC Tax Saver Fund investment you get a FREE Critical Illness Cover (ICICI Lombard) for a minimum lump sum investment of Rs. 10,000. The Critical Illness Cover will insure you against six illnesses (on diagnosis) or in case of accidental death or accidental permanent total disability, the sum insured is paid. For investments below Rs. 10,000, normal HTSF is also available.
The scope of the cover is as follows:
Critical Illnesses
Cancer
End stage renal failure
Major organ transplant
Stroke
Heart valve replacement
Bypass surgery
Accidental death
Accidental permanent total disability


Important:

Applicable only for a minimum of
Lump sum investment of Rs 10,000 or
SIP of Rs 2,000 for 36 months**
Insurance tenure
3 years for lump sum
3, 4 or 5 years for SIP Plus, depending upon SIP tenure
Sum insured
In case of lump sum investment, equal to the value of investment
In case of HSBC SIP Plus it will be worth the total SIP investment amount for the SIP period. For example, if you decide to invest Rs 15,000 p.m. in HSBC SIP Plus for a period of 5 years you will get a Critical Illness Cover of Rs 900,000 for the said period.
Maximum sum insured is Rs 10,00,000 per person,irrespective of multiple investments. Not available to Non Resident Indians
Age limit is 20 years to 50 years of age completed
HSBC Tax Saver Equity Fund (HTSF) is an Equity Linked Savings Scheme (ELSS) that offers an opportunity for tax saving by providing Sec 80C benefits. Moreover, it seeks to provide capital appreciation by investing in a diversified portfolio of equity and equity-related instruments of companies across various sectors and industries. With the Indian economy possessing strong fundamentals and corporate earnings showing great growth potential, equity as an asset class looks set to provide remarkable returns.
FREE Critical Illness Cover
Now with every HSBC Tax Saver Fund investment you get a FREE Critical Illness Cover (ICICI Lombard) for a minimum lump sum investment of Rs. 10,000. The Critical Illness Cover will insure you against six illnesses (on diagnosis) or in case of accidental death or accidental permanent total disability, the sum insured is paid. For investments below Rs. 10,000, normal HTSF is also available.
The scope of the cover is as follows:
Critical Illnesses
Cancer
End stage renal failure
Major organ transplant
Stroke
Heart valve replacement
Bypass surgery
Accidental death
Accidental permanent total disability
Important:
Applicable only for a minimum of
Lump sum investment of Rs 10,000 or
SIP of Rs 2,000 for 36 months**
Insurance tenure
3 years for lump sum
3, 4 or 5 years for SIP Plus, depending upon SIP tenure
Sum insured
In case of lump sum investment, equal to the value of investment
In case of HSBC SIP Plus it will be worth the total SIP investment amount for the SIP period. For example, if you decide to invest Rs 15,000 p.m. in HSBC SIP Plus for a period of 5 years you will get a Critical Illness Cover of Rs 900,000 for the said period.
Maximum sum insured is Rs 10,00,000 per person,irrespective of multiple investments. Not available to Non Resident Indians
Age limit is 20 years to 50 years of age completed

** Investments of lower amounts can be made through regular HTSF and HSBC SIP