Sundaram Mutual fund has launched its three year closed ended income scheme i.e. Sundaram Hybrid Fund-Series-A. The scheme aims to general capital appreciation by investing in a mixed portfolio of equity and fixed income securities.
The NFO of the scheme opens at July 22, 2013 and closes at July 31, 2013. The benchmark of the scheme is CRISIL MIP Blended Index. The minimum amount for the subscription is Rs 5000. Siddharth Chaudhary, Fund Manager, will manage the fixed income portfolio while S Bharath, Fund Manager, will look after the equity portion.
