Sundaram Mutual Fund has launched its new open-ended equity scheme Sundaram Flexi Cap Fund. The scheme will invest across large, mid and small cap stocks.
Sunil Subramaniam, Managing Director, Sundaram Mutual said, “Flexi Cap funds have the potential to outperform over market cycles. They allow investors to stay invested in the best cap curves, sectors and stocks across all market scenarios. Investors tend to chase the markets and may or may not make the right call for their portfolio. By investing in a flexi cap, they leave the decision to the experts, allow for greater diversification and can relax while the fund manager Optimizes Opportunities for them.”
Ravi Gopalakrishnan, Chief Investment Officer – Equity said, “We will invest in a judicious mix of 55-70 large, mid and small cap stocks, with a top-down approach to sector selection and bottom-up to stock picking. Large caps will be biased towards compounding stories and mid and small caps towards companies that will provide alpha generation.”
Sudhir Kedia - Fund Manager – Equity and Ravi Gopalakrishnan, CIO – Equity will manage the scheme.