MUTUAL FUNDS
Sundaram Mutual Fund introduces Fixed Term Plan-IO
Dec-14-2018

Sundaram Mutual Fund has launched the 'Sundaram Fixed Term Plan-IO', a close ended income scheme. The NFO opens for subscription on December 14, 2018 and closes on December 18, 2018. No entry load and exit load for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Rs 10 thereafter.

The scheme’s performance for will be benchmarked against CRISIL Medium Term Debt index and its fund manager is Sandeep Agarwal.

The investment objective of the scheme is to generate income by investing in debt and money market securities, which mature on or before the maturity of the scheme.

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