HSBC Investment launches SIP Plus

NEW DELHI: HSBC Investments India on Tuesday launched SIP Plus with added advantage of free critical illness cover.
    
The fund house has tied up exclusively with ICICI Lombard to design this innovative offering for its customers, HSBC Mutual Fund said in a release.
    
With HSBC SIP Plus, there is the key added advantage of the six critical illness cover on the basis of diagnosis only and it also offers additional personal accidental death and accidental permanent total disability cover, it said.
    
The scheme, which can be availed of with all the open-ended equity, assured is equal to the total sum of SIP investment for the entire period.