Sundaram Equity Plus Fund : New Fund Offer (NFO)

by khalid on 04/05/2011 · 0 comments

Sundaram Mutual Fund has launched a New Fund Offer (NFO) named as Sundaram Equity Plus Fund. NFO is opening on 4th May 2011 and will get close for subscription on 16th May 2011.This equity fund has a Golden Touch as it is investing some parts of its corpus in Gold ETF. This is an open ended equity scheme. The investment objective of the Plan under the Scheme is to generate capital appreciation by investing in equity & equity-related instruments from 65% – 85%, Gold-ETF from 15% – 35% and Fixed Income & Money Market instruments upto 20%. Sundaram Mutual Fund is one of the largest mutual funds and well-established fund house in the country.

The plans shall offer two options – growth and dividend option. Dividend option offers payout and reinvestment facility.

The plans would invest 60% to 100% of assets in debt & money market instruments including securitized debt. The scheme may invest up to 40% of net assets in government securities.

Entry load : Nil
Exit load : 1% if redeemed before One Year and thereafter Nil.

Mr. Srividhya Rajesh and Mr. S Bharath will jointly manage the fund.

Fund NameSundaram Mutual Fund
Scheme Name Sundaram Equity Plus Fund
Scheme CategoryOpen Ended (Income)
NFO Launch Date4th May 2011
NFO Closure Date16th Mar 2011
NFO Price (Rs) 10
Min. Subscription Amount(Rs) 5000 and multiples of Rs 1

A video to understand the scheme easily.
For Further Details Please Visit Website :

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