A close ended equity scheme
Sundaram Mutual Fund has filed offer document with Sebi to launch Sundaram Value Fund Series-I-III, a close ended equity scheme. The New Fund Offer price is Rs 10 per unit. The Mutual Fund proposes to offer 3 Plans Sundaram Value Fund-Series-I-III (comprising series I, II & III) of tenure of 3 to 5 years.
Investment objective: To provide capital appreciation by investing in a well diversified portfolio of stocks through fundamental analysis.
Options/plans: Growth and dividend (payout) options under both regular plan and direct plan.
Benchmark: S&P BSE 500 Index
Loads: Nil
Minimum Application Amount: Rs.5,000 and in multiples of Rs 10 thereafter.
Minimum Target Amount: Rs 10 crore under each series
Asset Allocation: The scheme shall invest 80-100% in equity and equity related securities and up to 20% in fixed income and money market securities.
*Investment made in money market instruments shall have residual maturity of upto 91 days. The scheme will not invest in ADR/GDR/foreign securities/ derivatives/securitised debt.
Fund Managers: J Venkatesan & Dwijendra Srivastava
Sundaram Mutual Fund has filed offer document with Sebi to launch Sundaram Value Fund Series-I-III, a close ended equity scheme. The New Fund Offer price is Rs 10 per unit. The Mutual Fund proposes to offer 3 Plans Sundaram Value Fund-Series-I-III (comprising series I, II & III) of tenure of 3 to 5 years.
Investment objective: To provide capital appreciation by investing in a well diversified portfolio of stocks through fundamental analysis.
Options/plans: Growth and dividend (payout) options under both regular plan and direct plan.
Benchmark: S&P BSE 500 Index
Loads: Nil
Minimum Application Amount: Rs.5,000 and in multiples of Rs 10 thereafter.
Minimum Target Amount: Rs 10 crore under each series
Asset Allocation: The scheme shall invest 80-100% in equity and equity related securities and up to 20% in fixed income and money market securities.
*Investment made in money market instruments shall have residual maturity of upto 91 days. The scheme will not invest in ADR/GDR/foreign securities/ derivatives/securitised debt.
Fund Managers: J Venkatesan & Dwijendra Srivastava