Sundaram Mutual Fund is a subsidiary of Sundaram Finance Limited. The latter is one of the oldest and most trusted NBFCs in India. The Sundaram Mutual Fund was formed in 1996 with the joint effort of Sundaram Finance Limited and Stewart Newton Holdings (Mauritius) Limited. It is managed by Sundaram Asset Management Company Limited and Sundaram Trustee Company Limited is the trustee.
The Sundaram Large and Mid Cap Fund is an open-ended equity scheme that mainly invests in large and mid cap stocks.
Investment Objectives of the Sundaram Large and Mid Cap Fund - Regular Plan - Growth
The main objective of investment of the Sundaram Large and Mid Cap Fund - Regular Plan - Growth scheme is to facilitate appreciation of capital over a long term through predominant investments in large cap and mid cap stocks.
Key Features of the Sundaram Large and Mid Cap Fund - Regular Plan - Growth
The main features of the Sundaram Large and Mid Cap Fund - Regular Plan - Growth scheme are listed below:
|
Type of fund |
An open-ended equity scheme that primarily invests in large cap stocks and mid cap stocks |
|
Plans available |
|
|
Options under each plan |
|
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Risk |
Moderately High |
|
Systematic Investment Plan (SIP) |
Available |
|
Systematic Transfer Plan (STP) |
Available |
|
Systematic Withdrawal Plan (SWP) |
Available |
Investment Amount for the Sundaram Large and Mid Cap Fund - Regular Plan - Growth
|
Minimum application amount |
Rs.5,000 and in multiples of Re.1 subsequently |
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Minimum additional investment |
Rs.500 and in multiples of Re.1 subsequently |
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Minimum instalment for Systematic Investment Plan (SIP) |
|
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Minimum instalment for Systematic Withdrawal Plan (SWP) |
Rs.1,000 |
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Minimum instalment for Systematic Transfer Plan (STP) |
|
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Entry Load |
N/A |
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Exit Load |
|
Asset Allocation and Benchmark for the Sundaram Large and Mid Cap Fund - Regular Plan - Growth
|
Type of security |
Indicative Allocations (percentage of total assets) |
Risk Profile |
|
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Minimum |
Maximum |
High/Medium/Low |
|
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Equity and other securities related to equity of large cap sectors |
35% |
65% |
High |
|
Equity and other securities related to equity of mid cap sectors |
35% |
65% |
High |
|
Other equities |
0% |
30% |
High |
|
Money market instruments, fixed income, and cash and cash equivalents |
- |
Up to 30% |
Low to Medium |
|
Units issued by REITs and InvITs |
0% |
10% |
Medium to High |
|
Overseas security assets which include ETFs |
0% |
30% |
- |
NAV Disclosure and Benchmark for the Sundaram Large and Mid Cap Fund - Regular Plan - Growth
The Net Asset Value or NAV of each unit under the scheme is calculated and published by the end of every business day. Under the Sundaram Large and Mid Cap Fund - Regular Plan - Growth scheme, the value of each unit is calculated with the help of the following formula:
Net Asset Value (NAV) = (Market value of investments of the scheme + Current Assets + Deposits - Liabilities except for unit capital, Profit and Loss Account, and Reserves) / Number of outstanding units of the scheme. The NAV is calculated up to 4 decimal places.
The benchmark of the Sundaram Large and Mid Cap Fund - Regular Plan - Growth scheme is Nifty 200 Index.
Sundaram Large and Mid Cap Fund - Regular Plan - Growth Fund Manager
The Sundaram Large and Mid Cap Fund - Regular Plan - Growth scheme is managed by the following fund managers:
- Mr. Krishnakumar S
- Mr. Madanagopal Ramu
Why should you invest in Sundaram Large and Mid Cap Fund - Regular Plan - Growth?
The Sundaram Large and Mid Cap Fund - Regular Plan - Growth scheme is one of the many products offered by Sundaram Mutual Fund. If the main objective of investment of an investor is to facilitate capital growth through investments made in large cap and mid cap stocks, then he/she can consider investing in this fund.
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