The NFO will be open from July 15,
2011 to July 29, 2011
Mumbai: Sundaram Mutual Fund
has launched a close ended Sundaram
Capital Protection Oriented Fund Series 3 year (Series 4). The tenure of the scheme will be three years from
the date of allotment.
The investment objective of the scheme is to earn income and minimize risk of capital
loss by investing in a portfolio of fixed income securities. The scheme may
invest a part of the assets in equity to seek capital appreciation. It would allocate 80
to 100 per cent of assets in fixed
income securities including money market instruments with low to medium risk
profile. It would further allocate up to 20 per cent of assets in equity and
equity related securities with high risk profile. Exposure to derivatives will
be limited to 50 per cent of the net assets.
The minimum application amount will be Rs 5,000 and the scheme will not
charge any entry or exit load. The scheme will be jointly managed by Dwijendra
Srivastava (Debt) and Srividhya Rajesh (Equity). It will be benchmarked against
CRISIL MIP Blended Index.
