Sundaram Mutual Fund launches Sundaram Long Term Tax Advantage Fund Series II

Mutual Fund
Nov 3, 2015 by Advisorkhoj Team | Mutual Fund | 24 Downloaded

NFO period: 03rd November – 15th March 2016

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 investing predominantly in equity and equity-related instruments of companies along with income tax benefit. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. No Guarantee: There is no guarantee or assurance that the investment objective of the scheme will be achieved. Investors are neither being offered any guaranteed / indicated return.

  • Product suitability – The 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 along with income tax benefit.

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

  • Plan/ Options available – Regular Plans and Direct Plans having Growth Option & Dividend Payout Option.

  • Fund Managers – S Krishnakumar & Dwijendra Srivastava

  • Benchmark – S&P BSE 500 Index

  • 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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