Sundaram Mutual Fund launches Sundaram Money Market Fund

Mutual Fund
Sep 12, 2018 by Advisorkhoj Team | Mutual Fund | 7 Downloaded

NFO period: 12th September – 26th September, 2018

Highlights of the NFO:

  • Scheme type – An open ended debt scheme investing in Money Market instruments having maturity up to 1 year

  • Investment objective – The investment objective of the scheme is to generate income by investing in a portfolio comprising of Money Market instruments having maturity up to one year. No Guarantee: Investors are neither being offered any guaranteed/indicated returns nor any guarantee on repayment of capital by the schemes. There is also no guarantee of capital or return either by the mutual fund or by the sponsor or by the asset management company.

  • Product suitability – The product is suitable for investors who are seeking income over a short term investment horizon by investing in money market instruments with maturity up to 1 year.

  • Minimum Application Amount – First investment is Rs. 1,000/- and in multiples of Rs. 1/- thereafter

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

  • Fund Manager – Mr. Siddharth Chaudhary and Mr. Sandeep Agarwal

  • Benchmark – CRISIL Money Market Index

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

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