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  • MF News Sundaram Mutual Fund files offer document for its Sundaram Hybrid Fund Series M-O

    Sundaram Mutual Fund files offer document for its Sundaram Hybrid Fund Series M-O

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    Team Cafemutual Nov 13, 2014

    Sundaram Mutual Fund files offer document for its Sundaram Hybrid Fund Series M-O

    Sundaram Mutual Fund has filed a draft offer document with SEBI for its close ended income scheme called - Sundaram Hybrid Fund Series M to O.

    The scheme aims to generate capital appreciation and current income through a mix of investments in equities and fixed income securities. The scheme will invest 65%-90% in fixed income securities, 10%-35% in equity and equity related instruments and up to 30% in money market instruments and cash equivalents.

    The benchmark of the scheme is CRISIL MIP Blended Index. The fund will be co-managed by Siddharth Chaudhary and Shiv Chanani.

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