Sundaram Multi Asset Allocation Fund NFO: Key details you need to know

8 Jan 2024 , 11:07 AM

Sundaram Multi Asset Allocation Fund NFO: Key details you need to know

 

Sundaram Mutual Fund is launching NFO under its “hybrid category”, named as Sundaram Multi Asset Allocation Fund. The investment objective of the scheme is to generate long term capital appreciation by investing in Equity & Equity related Securities, Debt & Money Market Instruments and Gold ETFs.

Investment strategy: The exact allocation in various asset classes and schemes would be decided based on the fund manager’s outlook on prevalent market conditions and changing business environment..

Asset allocation: The scheme will invest in Equity and equity related securities including convertible bonds and debentures and warrants carrying the right to obtain equity shares.

Who should invest?

Investors with very high risk appetite and want to invest for 5 to 7 years to diversify their portfolio multiple assets should invest in Sundaram Multi Asset Allocation Fund. 

Risk associated: Very high level of risk.

Benchmark: S NIFTY 500 TRI (65%) + NIFTY Short Duration Debt Index (10%) + Domestic Prices of Gold (25%).

Fund Managers: Mr Rohit Seksaria, Mr S. Bharath, Mr Arjun Nagarajan, Mr Dwijendra Srivastava, Mr Sandeep Agarwal

The NFO is available for subscription from January 5 to January 19. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment. The fund offers systematic investment solutions like SIP and SWP to create a flexible investment plan. The minimum subscription amount is Rs 100/- and in multiples of any amount thereafter. 

It offers Regular Plan and Direct Plan. Each plan offers Growth and Income options. Click here to invest in Sundaram Multi Asset Allocation Fund.