Sundaram Mutual launches Sundaram Flexi Cap Fund NFO

Sundaram Mutual launches Sundaram Flexi Cap Fund NFO

August 16, 2022, Chennai: Sundaram Mutual announces the launch of its new open-ended equity scheme, Sundaram Flexi Cap Fund. This New Fund Offer (NFO) invests across sectors, in large, mid and small cap stocks, without any restrictions on allocation across cap curves. It opens for subscription on August 16, 2022 and closes on August 30, 2022.

Speaking on the launch of Sundaram Flexi Cap Fund, Mr. 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."

Mr. 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."


The company is rolling out a multi-channel marketing and advertising campaign across print, outdoor and digital to build awareness among investors and distributors. For this campaign,the fund house has drawn inspiration from the Laughing Buddha - a symbol of happiness, relaxation, contentment, and well-being. The idea behind choosing the Laughing Buddha is that through the flexi cap nature of the fund, the fund manager seeks to deliver these aspects to investors using the AMC's expertise in fund management. The message the creative carries is that investors can relax and rely on the experts to navigate through market volatility, while taking advantage of India's growth.

The fund will be managed by Mr. Sudhir Kedia - Fund Manager – Equity and Mr. Ravi Gopalakrishnan, CIO - Equity. The benchmark chosen is the Nifty 500 TRI Index.

About Sundaram Asset Management Company:

Sundaram Asset Management Company, a significant player in the fund management space along with its subsidiaries, has assets under management of about INR 52,379 crores as on July 29, 2022. The brand has a strong retail focus with over 1.1 million active investors and 80+ branches across the country. Sundaram Asset Management Company has a bouquet of nineteen equity and ten fixed-income funds catering to diverse investor preferences.

For more information on Sundaram Mutual Fund and its products, please visit www.sundarammutual.com.

 

For Media Enquiries:

Harit S. Tank

Phone: 022 – 30100215 Mobile: +91 98194 55607      

Email:harittank@sundarammutual.comor harit.smf@gmail.com

 

Fund Synopsis:

Scheme Name

Sundaram Flexi Cap Fund

Scheme Type

An open-ended dynamic equity scheme investing in large cap, mid cap and small cap stocks

Investment Objective

To generate capital appreciation by dynamically investing in a mix of equity and equity related instruments across market capitalization (i.e., large, mid and small cap stocks).

Asset Allocation:

 

Type of Instruments

Minimum

Maximum

Risk Profile

 

 

Equity & equity related instruments of large cap, mid cap and small cap companies

65%

100%

Very High

 

 

Debt & Money Market Instruments

0%

35%

Low to Medium

 

 

Units issued by REITs/InVITs

0%

10%

Very High

 

 

Overseas Securities (including ETFs)

0%

30%

Very High

 

New Fund Offer Period

:

The Scheme will open for subscription on August 16, 2022 and close on August 30, 2022.

Benchmark

:

Nifty 500 TRI

Fund Managers

:

Mr. Ravi Gopalakrishnan & Mr. Sudhir Kedia (Equity), Dwijendra Srivastava (Fixed Income), Mr. Rohit Seksaria (Overseas securities)

Minimum Application Amount

:

For both Regular and Direct Plan: ₹100 and multiples of ₹1thereafter per application.
SIP: ₹100(Monthly), ₹750(Quarterly), ₹1000 (Weekly)

Load Structure

 

 

        Entry Load

:

N/A

        Exit Load

:

If units are redeemed, withdrawn by way of SWP or transferred by way of STP within 365 days from the date of allotment

      Up to 25% of the units: Nil

      More than 25% of the units: 1%

If units are redeemed, withdrawn by way of SWP or transferred by way of STP after 365 days from the date of allotment

      Nil

 

 

 

Sundaram Flexi Cap Fund is suitable for investors who are seeking*

      Capital appreciation over long term

      Investments in a dynamic mix of equity and equity related instruments across large cap, midcap and small cap stocks

*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

Mutual fund investments are subject to market risks, read all scheme related documents carefully.



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