Minimum Investment Rs.100 Sundaram Mutual Sundaram Business Cycle Fund NFO
June 5, 2024, CHENNAI: Sundaram Mutual launches a New Fund Offer (NFO) - Sundaram Business Cycle Fund, an open-ended equity scheme following a business cycles-based investing theme.
Themes are powerful drivers of economic change, capable of transforming the way we live and work. Participating across them during their up-cycle can lead to substantial growth and long-term benefits.
Speaking on the launch of Sundaram Business Cycle Fund, Mr. Sunil Subramaniam, Managing Director, Sundaram Mutual said, "Themes create business cycles, which in turn create significant investment and growth opportunities across sectors. They are driven by broader macroeconomic trends such as technology and innovation, government policy and spending, urbanization, formalization, premiumization, etc., and can outperform broader markets. Our fund will follow a dynamic, thematic approach to identify and capitalize on 4-5 emerging medium- to long-term mega global and local trends at inflexion points across sectors."
Mr. Anand Radhakrishnan, Chief Executive Officer, Sundaram Mutual added, "Sundaram Business Cycle Fund will invest in a portfolio of ~35-45 stocks across sectors and market capitalization.The fund will remain benchmark, market cap, and sector agnostic, allowing us to focus on high-potential opportunities to harness key themes. The dynamic nature of the fund alleviates allocation risk, giving investors focused exposure to favourable themes and an opportunity to participate in transformational trends shaping the future."
Sundaram Business Cycle Fund will invest a minimum of 80% in equity and related instruments chosen based on the business cycle. The fund can invest 0-20% in other equity and related instruments, debt and money market securities, and 0-10% in units of REITs and InvITs.
The Equity portion of the fund will be managed by Mr. Ratish B Varier & Mr. Bharath S, fixed income portion by Mr. Dwijendra Srivastava and Mr. Sandeep Agarwal, and Mr. Pathanjali Srinivasan for Overseas Investments. The benchmark chosen for Sundaram Business Cycle Fund is the Nifty 500 TRI.
The New Fund Offer (NFO) opens for subscription on June 5, 2024, and closes on June 19, 2024. The scheme reopens for ongoing subscription and redemption from July 1, 2024.
About Sundaram Asset Management Company:
Sundaram Asset Management Company, a significant player in the fund management space along with its subsidiaries, has assets under management of ~INR 76,000 crores as on May 31, 2024. The brand has a strong retail focus with over 1.3 million active investors and 83 branches across the country. Sundaram Asset Management Company has a bouquet of 16 equity, 9 fixed-income and 6 hybrid open-ended funds catering to diverse investor preferences.
For more information on Sundaram Mutual and its products, please visit www.sundarammutual.com.
Fund Synopsis:
| Scheme Name | Sundaram Business Cycle Fund |
| Scheme Type | An open-ended equity scheme following business cycles based investing theme. |
| Investment Objective | To provide long term capital appreciation by investing predominantly in equity and equity related securities with a focus on identifying medium term cycles which can impact the business fundamentals. This will be done through dynamic allocation between various themes and stocks at different stages of cycles in the economy. |
Asset Allocation:
| Investments | Indicative Allocation | Risk Profile |
| Equity & Equity related instruments selected on the basis of business cycle | 80-100% | Very High |
| Other Equity & Equity Related instruments | 0-20% | Very High |
| Debt and Money Market Securities including units of Debt oriented mutual fund schemes. | 0-20% | Low to Medium |
| Units issued by REITs &InvITs | 0-10% | Very High |
| New Fund Offer Period | : | The Scheme will open for subscription on June 5, 2024 and close on June 19, 2024 |
| Benchmark | : | Nifty 500 TRI |
| Fund Managers | : | Mr. Ratish B Varier & Mr. Bharath S (Equity) Mr. Dwijendra Srivastava & Mr. Sandeep Agarwal (Fixed Income) Mr. Pathanjali Srinivasan (Overseas Investments) |
| Minimum Application Amount | : | Lumpsum: For both Regular and Direct Plan: Rs. 100 and multiples of Rs.1 thereafter per application. SIP: Monthly: Rs.100 (min. 6 instalments), Quarterly: Rs.750 (min. 6 instalments), Weekly: Rs.1000 (min. 6 instalments), Daily SIP: Rs.100 (min. 3 months) |
| Load Structure |
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| Entry Load | : | N/A |
| Exit Load | : | • For redemption or withdrawal by way of SWP within 365 days from the date of allotment: 1% • For redemption or withdrawal by way of SWP after 365 days from the date of allotment: Nil |
Riskometer
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| Sundaram Business Cycle Fund is suitable for investors who are seeking* • Capital appreciation over long term • An equity scheme investing in equity & equity related securities with focus on riding business cycle through dynamic allocation between various sectors and stocks at different stages of business cycle in the economy |
Mutual fund investments are subject to market risks, read all scheme related documents carefully.
For Investment and Investments contact
Mr. R. Venkatesh, Founder
GuruRam Financial Services Pvt. Ltd.
New No. 14, Old No. 37C, First Floor
Nathamuni Street, T Nagar, Chennai -600017
Tel. +91-9677267889, 9677025125
Email: gururamforyou@gmail.com
https://www.gururamfinancialservices.com/index.php
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