MUTUAL FUNDS
Sundaram Mutual Fund files offer document for Bluechip Fund
Nov-15-2019

Sundaram Mutual Fund has filed offer document with SEBI to launch an open ended equity scheme named ‘Sundaram Bluechip Fund'. The New Fund Offer price is Rs 10 per unit. Entry load will be nill and Exit load for redemption within 12 months from the date of allotment will be 1%; for redemption on or after 12 months from the date of allotment will Nil. The scheme offers growth and dividend options and seeks to collect a Minimum Target Amount of Rs 10 crores.

The performance of the scheme will be benchmarked against Nifty 100 TRI index. The minimum application amount for initial purchase is Rs 100 and in multiples of Re 1 thereafter.

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


  RELATED NEWS >>