Sundaram Mutual Fund has launched the New Fund Offer (NFO) of Sundaram Fixed Term Plan -GG (366 Days), a close ended income scheme. The NFO opens for subscription on May 21, 2014 and closes on May 26, 2014. No entry load or exit load will be applicable for the scheme. The minimum subscription amount is Rs 5000.
The scheme’s performance will be benchmarked against Crisil Short Term Bond Fund Index and its fund manager is Sandeep Agarwal.
The investment objective of the scheme is to generate income with minimum volatility by investing in debt and money market securities, which mature on or before the maturity of the scheme.
No comments:
Post a Comment