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Sundaram Mutual Fund launches Sundaram Long Term Micro Cap Tax Advantage Fund Series V

Mutual Fund

by Advisorkhoj Team | Mutual Fund | 8 Downloaded

NFO period: 29th March – 29th June, 2017

Highlights of the NFO:

  • Scheme type – A 10 year close ended equity linked savings scheme

  • Investment objective – The investment objective of the scheme is to generate capital appreciation over a period of ten years by predominantly investing in equity and equity-related instruments of companies that can be termed as micro-cap. The investment will be eligible for Income Tax benefit. For the purpose of investment by the scheme 'Micro cap' stock is defined as one whose market cap is equal to or lower than the 301st Stock by market cap (after sorting the securities in the descending order of market capitalization) on the National Stock Exchange of India limited, Mumbai, at the time of investment. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.

  • Product suitability – This product is suitable for investors who are seeking capital appreciation over a period of 10 years by investing in equity and equity related instruments of companies that can be termed as micro-caps along with income tax benefit.

  • Minimum Application Amount – First investment is Rs. 500/- and in multiples of Rs. 500/- thereafter

  • Plan/ Options available – Regular Plan and Direct Plan having Growth Option, Dividend Payout Option and Dividend Sweep Option.

  • Fund Managers – S Krishnakumar & Dwijendra Srivastava

  • Benchmark – Nifty Small Cap 100

  • Maturity period – 10 years from the date of allotment.

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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