Minimum Investment Rs.100 Sundaram Mutual Sundaram Business Cycle Fund NFO

 

Minimum Investment Rs.100 Sundaram Mutual Sundaram Business Cycle Fund NFO

June 5, 2024, CHENNAI: Sundaram Mutual launches a New Fund Offer (NFO) - Sundaram Business Cycle Fund, an open-ended equity scheme following a business cycles-based investing theme.

Themes are powerful drivers of economic change, capable of transforming the way we live and work. Participating across them during their up-cycle can lead to substantial growth and long-term benefits.

Speaking on the launch of Sundaram Business Cycle Fund, Mr. Sunil Subramaniam, Managing Director, Sundaram Mutual said, "Themes create business cycles, which in turn create significant investment and growth opportunities across sectors. They are driven by broader macroeconomic trends such as technology and innovation, government policy and spending, urbanization, formalization, premiumization, etc., and can outperform broader markets. Our fund will follow a dynamic, thematic approach to identify and capitalize on 4-5 emerging medium- to long-term mega global and local trends at inflexion points across sectors."

Mr. Anand Radhakrishnan, Chief Executive Officer, Sundaram Mutual added, "Sundaram Business Cycle Fund will invest in a portfolio of ~35-45 stocks across sectors and market capitalization.The fund will remain benchmark, market cap, and sector agnostic, allowing us to focus on high-potential opportunities to harness key themes. The dynamic nature of the fund alleviates allocation risk, giving investors focused exposure to favourable themes and an opportunity to participate in transformational trends shaping the future."

Sundaram Business Cycle Fund will invest a minimum of 80% in equity and related instruments chosen based on the business cycle. The fund can invest 0-20% in other equity and related instruments, debt and money market securities, and 0-10% in units of REITs and InvITs.

The Equity portion of the fund will be managed by Mr. Ratish B Varier & Mr. Bharath S, fixed income portion by Mr. Dwijendra Srivastava and Mr. Sandeep Agarwal, and Mr. Pathanjali Srinivasan for Overseas Investments. The benchmark chosen for Sundaram Business Cycle Fund is the Nifty 500 TRI.

The New Fund Offer (NFO) opens for subscription on June 5, 2024, and closes on June 19, 2024. The scheme reopens for ongoing subscription and redemption from July 1, 2024.

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 ~INR 76,000 crores as on May 31, 2024. The brand has a strong retail focus with over 1.3 million active investors and 83 branches across the country. Sundaram Asset Management Company has a bouquet of 16 equity, 9 fixed-income and 6 hybrid open-ended funds catering to diverse investor preferences.

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

 

Fund Synopsis:

Scheme Name

Sundaram Business Cycle Fund

Scheme Type

An open-ended equity scheme following business cycles based investing theme.

Investment Objective

To provide long term capital appreciation by investing predominantly in equity and equity related securities with a focus on identifying medium term cycles which can impact the business fundamentals. This will be done through dynamic allocation between various themes and stocks at different stages of cycles in the economy.

Asset Allocation:

  Investments

Indicative Allocation

Risk Profile

Equity & Equity related instruments selected on the basis of business cycle

80-100%

Very High

Other Equity & Equity Related instruments

0-20%

Very High

Debt and Money Market Securities including units of Debt oriented mutual fund schemes.

0-20%

Low to Medium

Units issued by REITs &InvITs

0-10%

Very High

 

New Fund Offer Period

:

The Scheme will open for subscription on June 5, 2024 and close on June 19, 2024

Benchmark

:

Nifty 500 TRI

Fund Managers

:

Mr. Ratish B Varier & Mr. Bharath S (Equity)

Mr. Dwijendra Srivastava & Mr. Sandeep Agarwal (Fixed Income) Mr. Pathanjali Srinivasan (Overseas Investments)

Minimum Application Amount

:

Lumpsum: For both Regular and Direct Plan: Rs. 100 and multiples of Rs.1 thereafter per application.

SIP: Monthly: Rs.100 (min. 6 instalments), Quarterly: Rs.750 (min. 6 instalments), Weekly: Rs.1000 (min. 6 instalments), Daily SIP: Rs.100 (min. 3 months)

Load Structure

 

 

Entry Load

:

N/A

Exit Load

:

         For redemption or withdrawal by way of SWP within 365 days from the date of allotment: 1%

         For redemption or withdrawal by way of SWP after 365 days from the date of allotment: Nil

 

Riskometer

Benchmark

Fund

 

Nifty 500 TRI

 

Investors understand that their principal will be at Very High Risk

Sundaram Business Cycle Fund is suitable for investors who are seeking*

         Capital appreciation over long term

         An equity scheme investing in equity & equity related securities with focus on riding business cycle through dynamic allocation between various sectors and stocks at different stages of business cycle in the economy

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

For Investment and Investments contact


 

Mr. R. Venkatesh, Founder

GuruRam Financial Services Pvt. Ltd.
New No. 14, Old No. 37C, First Floor
Nathamuni Street, T Nagar, Chennai -600017

Tel. +91-9677267889, 9677025125
Email: 
gururamforyou@gmail.com

https://www.gururamfinancialservices.com/index.php

Smart Investment Solutions is one of the leading comprehensive financial investment solutions advisory with specialization and expertise in the financial sector. GuruRam Financial Services Pvt. Ltd is AMFI qualified and IRDA approved distributors.  This company SEBI registered Sub-Broker and BSE Star Mutual Fund registered BSE members as well. It have more than 15 year's experience in Financial Planning, Retirement Planning, Tax Planning, Mutual Funds, Life Insurance, General Insurance, Health Insurance, Accidental Insurance, Loans, and Demat Accounts etc.

GuruRam Financial Services Pvt. Ltd. have been serving and helping our Retail, HNI and NRI customers and investors in achieving their financial goals which leads to their financial freedom. We firmly believe that "Once Journey to financial freedom is through Financial Literacy only".

GuruRam Financial Services Pvt. Ltd is  associated with SBI, UTI, HDFC, ICICI Pru, Birla, Kotak Mahindra, DSP Black Rock, Franklin Templeton, Axis, Reliance, L&T, Motilal Oswal, Tata Mutual Fund Houses, SEBI Sub-Broker with Nirmal Bang Securities, Star Health Insurance, Religare Health Insurance, National & Reliance General Insurance. What the company does:
1. Analyzing Customer's Financial Health & Risk.
2. Helping the Customers to identify their real financial needs, goals and targets and risks.
3. Making them understand all financial products so that they could choose the right financial product, plan/scheme which exactly matches with their financial goals and targets and achieve them well in time with keeping in mind Return, Inflation and Taxation.
4. Helping them to manage financial risks occurred due to unforeseen and unfortunate events like death and illness.

 

Share:

No comments:

Post a Comment

Popular Posts

Blog Archive

Recent Posts

Featured Post

Rs. 1 crore in 20 years just by investing Rs. 9,000 via SIP: Baroda BNP Paribas Children’s Fund..!

Rs. 1 crore in 20 years just by investing Rs. 9,000 via SIP: Baroda BNP Paribas Children's Fund..!   NFO date ends on December...