Offer details:
NFO opens: 8 August 2016
NFO closes: 11 November 2016
Lock-in: 3 years
Type: 10 year closed-end
The launches of closed-end funds continue. Sundaram Asset Management Co. Ltd’s latest closed-end fund launch, Sundaram Long Term Micro Cap Tax Advantage Fund Series III (SMCAP), is about to close its new fund offer (NFO) launch period on 11 November. Should you invest in it?