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  • MF News Sundaram MF files 2 offer documents for its Capital Protection Oriented Fund 3 Years (Series 10), Capital Protection Oriented Fund 5 Years (Series 5-6)

    Sundaram MF files 2 offer documents for its Capital Protection Oriented Fund 3 Years (Series 10), Capital Protection Oriented Fund 5 Years (Series 5-6)

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    Team Cafemutual Apr 24, 2013
    Sundaram mutual fund has filed a draft offer documents with SEBI to launch its 2 close ended schemes i.e Capital Protection Fund 3 Years (Series 10) and Capital Protection Oriented Fund 5 Years (Series 5-6).

    Capital Protection Fund 3 Years (Series 10) - The objective of the scheme is to generate capital appreciation by investing in a portfolio of equity and equity related securities.  The scheme portfolio has been rated as AAA by CRISIL for its capital protection orientation. The benchmark of the scheme will be CRISIL MIP Blended Index. The minimum application amount of the scheme will be Rs 5000. No exit loads will be charged in the scheme.  The fund will be mature in 3 years from the date of allotment. The fund will be co-managed by Siddharth Chaudhary (debt), Srividhya Rajesh (equity) and Shiv Chanani (equity).

    Capital Protection Oriented Fund 5 Years (Series 5-6) - The objective of the scheme is to seek income and risk minimization by investing in a portfolio of fixed income securities. The scheme may invest a part of the assets in equity to seek capital appreciation. The scheme’s portfolio has been rated as AAA by CRISIL. The fund will be mature in 5 years from the date of allotment. The minimum subscription amount is Rs 5000. No exit load will be charged in the scheme. The benchmark of the fund will be CRISIL MIP Blended Index. The fund will be co-managed by Siddharth Chaudhary (debt), Srividhya Rajesh (equity) and Shiv Chanani (equity).

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