Sundaram MF has filed an offer document with SEBI to launch Sundaram Fixed Income Interval Fund Yearly Series - Plan A – E, an interval income scheme.
The investment objective is to generate income through investments in fixed income securities & money market securities.
The scheme will invest in money market instruments, short term and medium term debt instruments. The scheme will offer retail and institutional plans with dividend payout and growth options. The benchmark for the scheme will be CRISIL Short Term Bond Fund Index. The fund manager will be Siddharth Chaudhary.
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