Sundaram MF has launched the NFO of Sundaram Fixed Term Plan -CY (367 Days), a close ended income scheme.
The NFO opens for subscription on July 18, 2012 and closes on July 25, 2012.
The minimum subscription amount is Rs. 5000.
The scheme’s performance will be benchmarked against CRISIL Short term Bond Fund Index and its fund manager is Dwijendra Srivastava.
The investment objective of the scheme is to generate income with minimum volatility by investing in debt and money market securities, which mature on or before the maturity of the scheme.
Source : Accord Fintech
