Sundaram Mutual Fund is launching its new fund named Sundaram Equity Fund. This new fund is being launched in the NFO (New Fund Offer) from 16th August 2019 to 30th August 2019. During this offer, the units of the new fund will be offered to the investors at a price of Rs 10 per unit. The upcoming fund is an open-ended equity scheme which will invest across large cap, mid cap, small cap stocks. Sundaram Mutual Fund is sponsored by Sundaram Finance Limited, a subsidiary of Sundaram Finance Group, a Chennai based financial services company. The assets of this company are managed by Sundaram Asset Management Company Limited, a joint venture between Sundaram Finance Limited and Mauritius based Stewart Newton Holdings Limited. As on 30th June 2019, the Asset Under Management (AUM) of Sundaram Mutual Fund stands at Rs 31,220.13 crore.
Sundaram Equity Fund – NFO Details
| Type of Offer | NFO (New Fund Offer) |
|---|---|
| Name of the Fund | Sundaram Equity Fund |
| Name of the Fund House | Sundaram Mutual Fund |
| Type of Scheme | Open-Ended |
| Category of Scheme | Equity: Multi Cap Fund |
| Offer Starts | 16th August 2019 |
| Offer Ends | 30th August 2019 |
| Plans | Regular and Direct |
| Options | Growth and Dividend |
| NFO Unit Price | Rs 10 Per Unit |
| Minimum Investment | Rs 100 |
| Entry Load | Nil |
| Exit Load | Nil; 1% if redeemed within 12 months |
| Investment Manager | Sundaram Asset Management Company Limited |
| Fund Manager(s) |
Equity: S Krishnakumar and Bharath S Fixed Income: Dwijendra Srivastava Investments in overseas securities: Rohit Seksaria |
| AMC Address |
Sundaram Towers, I & II Floor, 46, Whites Road, Chennai – 600 014. India Website: www.sundarammutual.com |
Sundaram Equity Fund – Scheme Features
- This is an open ended equity scheme investing across large cap, mid cap, small cap stocks.
- The investment objective of the scheme is to generate capital appreciation by investing in a diversified portfolio of equity & equity related instruments across market capitalisation.
- This scheme will follow the S&P BSE 500 TRI index.
Sundaram Equity Fund – Asset Allocation
Sundaram Equity Fund – Important Documents
Please click here to read the Scheme Information Document (SID) of Sundaram Overnight Fund.
Disclaimer: This post is just information about the scheme. It does not give any advice or recommendation. Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing.
Tags: #NFO #Mutual Fund #Sundaram NFO #New Fund Offer #Sundaram Mutual Fund #Sundaram Equity Fund
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