MUTUAL FUNDS
Sundaram MF introduces Bluechip Fund
Sep-17-2020

Sundaram Mutual Fund (MF) has launched the Sundaram Bluechip Fund, an open ended equity scheme predominantly investing in large cap stocks. The NFO opens for subscription on September 17, 2020 and closes on September 30, 2020. The Entry load is not applicable for the scheme. The Exit load will be 1%, for redemption within 12 months from the date of allotment and nil, for redemption on or after 12 months from the date of allotment. The minimum subscription amount is Rs 100 and in multiples of Re 1 thereafter.

The scheme’s performance will be benchmarked against its performance to the Nifty 100 TRI index and its fund managers are Rahul Baijal & S Krishnakumar (equity), Dwijendra Srivastava (Fixed Income) and Rohit Seksaria is the dedicated fund manager for investments in overseas securities.

The investment objective of the scheme is to generate capital appreciation by investing in large cap stocks.

  RELATED NEWS >>