The Sundaram Select Focus - Growth Option is an open-ended equity scheme offered by Sundaram Asset Management Company, a subsidiary of Sundaram Finance Limited. The scheme invests predominantly in stocks of large cap firms and will invest in a maximum of 30 stocks. The growth option of the scheme entitles investors to receive capital returns on completion of the investment period.
To offer capital appreciation to the investor by focusing its investments on up to 30 stocks of firms with large market capitalisation.
Key Features of the Scheme
The Sundaram Select Focus scheme is ideal for investors who wish to grow their capital over a long term and exhibits the below features:
|Type of Fund||An open-ended equity scheme|
|Plans Available||Regular Plan and Direct Plan|
|Options under each Plan||
|Systematic Investment Plan||Available|
|Systematic Transfer Plan||Available|
|Systematic Withdrawal Plan||Available|
Investment Amount for Sundaram Select Focus
|Minimum Application Amount||Rs.5,000 per application and in multiples of Re.1 thereafter|
|Minimum Additional Investment||Rs.500 and in multiples of Re.1 thereafter|
|Minimum installment for Systematic Investment Plan (SIP)||Quarterly - Rs.750 and in multiples of Re.1 thereafter Monthly - Rs.250 and in multiples of Re.1 thereafter Weekly - Rs.1,000 and in multiples of Re.1 thereafter|
|Minimum installment for Systematic Withdrawal Plan (SWP)||Rs.1,000|
|Entry Load||Not Applicable|
|Exit Load||Investors redeeming units before 1 year from unit allotment date will be charged an exit load of 1%. No exit load will be charged thereafter|
Asset Allocation for Sundaram Select Focus
|Instruments||Indicative Allocation Percentage of total assets||Risk Profile|
|Equity and its related securities of large cap firms||65%||100%||High|
|Equity and its related securities of firms other than large cap||0%||35%||High|
|Money market, fixed income securities, and cash & cash equivalents||0%||35%||Low to Medium|
|Investment in InvITs and REITs||0%||10%||Medium to High|
NAV Disclosure and Benchmark for Sundaram Select Focus
The Net Asset Value (NAV) of the Sundaram Select Focus is obtained by dividing its net assets by the number of outstanding units on the date of valuation. The NAV will be updated on the website of the AMFI (www.amfiindia.com) and Sundaram Asset Management Company (www.sundarammutual.com) by 9:00 p.m. every business day.
The NAV will also be sent for publication to at least 2 newspapers every business day. The newspapers publishing the NAV will have a nationwide circulation.
Benchmark: Nifty 50 Index
Mr. Rahul Baijal
The Sundaram Select Focus fund is managed by Mr. Rahul Baijal and he has been managing the scheme for 1 year and 5 months. Mr. Baijal joined Sundaram Asset Management Company in July 2016 and prior to this, he had worked with Bharti AXA Life Insurance and TVF Capital. Some of the funds managed by him include Sundaram Multi Asset, Sundaram Equity Hybrid, and Sundaram Top 100 series (6-7).
Why you should invest in Sundaram Select Focus
- Optimal returns - Since the Sundaram Select Focus fund invests in stocks of large cap firms carefully picked by experienced professionals, it has the potential to generate optimal returns.
- Low investment - For only a sum of Rs.250 a month, investors can subscribe to the units of Sundaram Select Focus fund through an SIP and grow their wealth over a long term.
- Professionally managed - The Sundaram Select Focus fund is managed by a fund manager who has many years of experience in managing investments. Such an experience lets investors enjoy peace of mind knowing that their investments are handled efficiently.
- Special facilities - The Sundaram Select Focus fund comes with additional facilities such as SIP, STP, SWP, Dividend Sweep Facility, Pledge facility, etc. These extra benefits make the scheme a lucrative investment option.
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