Sundaram Smart NIFTY 100 Eq Weight Fund-Reg(G)

Sundaram Smart NIFTY 100 Eq Weight Fund-Reg(G)
Dividend Yearly
NA
Category
Equity - Large Cap
52-week NAV high
12.21  (As on 16-04-2019)
52-week NAV low
10.41  (As on 22-08-2019)
Expense
1.0%  (As on 31-10-2019)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns -0.85 10.09 -1.85 4.46 -1.18 - - - -
Scheme Details
Fund Type
Open Ended
Investment Plan
Growth
Bonus
NA
Launch Date
Jan 12, 2017
Last Dividend
NA
Minimum Investment
100

Sundaram Smart Nifty 100 Equal Weight Fund - Regular Plan - Growth is an open-ended scheme that duplicates Nifty 100 Equal Weighted Index. This Smart Beta fund is offered by Sundaram Mutual Fund. Those who are looking for an alternative to traditional index-based funds can choose the Sundaram Smart Nifty 100 Equal Weight fund as it has the potential to outperform traditional index-based funds and also has comparatively lower risk. This fund is best-suited for institutions like PF Trusts.

Sundaram Asset Management Company is the asset management company (AMC) of Sundaram Mutual Fund. The AMC boasts a vast experience in fund management to the tune of more than 20 years. It is wholly-owned by Sundaram Finance Limited which is considered to be amongst India's most respected and oldest non-banking financial companies (NBFCs). Sundaram Asset Management offers a wide range of funds in liquid, fixed-income, and equity in order to cater to the varying preferences of the investors. The AMC was a pioneer in launching a series of funds in themes like Micro-cap, Mid-cap, Leadership, Capex, and Rural India. The company's research team helps the fund management team identify winners in the small and mid-cap segments. High net worth individuals can partake of Sundaram Asset Management's Portfolio Management Services (PMS).

Investment Objective of Sundaram Smart Nifty 100 Equal Weight Fund - Regular Plan - Growth

The investment objective of the scheme is to invest in companies that are a part of the Nifty 100 Equal Weighted Index in order to generate returns that are in relation to the performance of the index. The investment will be in the same proportion as the underlying index. The returns corresponding to the performance of the underlying index is subject to 2% tracking error. The scheme doesn't offer any guarantee or assurance of the success of the above-mentioned investment objective.

Key Features of Sundaram Smart Nifty 100 Equal Weight Fund - Regular Plan - Growth

This mutual fund scheme is best suited for those individuals who are looking for capital appreciation in the long run. Here are some main features of the scheme:

Type of fund

It is an open-ended scheme duplicating Nifty 100 Equal Weighted index.

Plans available

The types of plans available under this scheme are Regular and Direct plans.

Options under each plan

  • Regular and Direct plans offer Dividend and Growth options.
  • Under the Dividend option, you have the Dividend Payout, Reinvestment, and Sweep facilities or sub-options.
  • Growth is the default option while Dividend Reinvestment under the Dividend option is the default facility or sub-option.

Risk

Moderately High

Systematic Investment Plan

Available

Systematic Transfer Plan

Available

Systematic Withdrawal Plan

Available

Investment Amount for Sundaram Smart Nifty 100 Equal Weight Fund - Regular Plan - Growth

Minimum application amount

Rs.5,000 and thereafter in multiples of Re.1

Minimum additional investment

Rs.500 and thereafter in multiples of Re.1

Minimum installment for Systematic Investment Plan (SIP)

  • Rs.1,000 per weekly installment and thereafter in multiples of Re.1
  • Rs.250 per monthly installment and thereafter in multiples of Re.1
  • Rs.750 per quarterly installment and thereafter in multiples of Re.1

Minimum installment for Systematic Transfer Plan (STP)

  • Rs.1,000 per weekly installment and thereafter in multiples of Re.1
  • Rs.250 per monthly installment and thereafter in multiples of Re.1
  • Rs.750 per quarterly installment and thereafter in multiples of Re.1

Minimum installment for Systematic Withdrawal Plan (SWP)

Rs.1,000

Entry Load

NA

Exit Load

Nil

Asset Allocation for Sundaram Smart Nifty 100 Equal Weight Fund - Regular Plan - Growth

Instruments

Indicative allocation of assets (%)

Risk Profile

Minimum

Maximum

Equity and equity-related instruments covered by Nifty 100 Equal Weighted Index

95%

100%

High

Debt and money market instruments and cash including CBLO or Reverse Repos

0%

5%

Low to Medium

NAV Disclosure and Benchmark for Sundaram Smart Nifty 100 Equal Weight Fund - Regular Plan - Growth

  • NAV Disclosure: The investment manager will update the net asset value (NAV) of the scheme before 9:00 p.m. every business day on its official website (www.sundarammtual.com) and the website (www.amfiindia.com) of the Association of Mutual Funds in India (AMFI). The formula for NAV calculation is given below:

NAV per unit in Rupees = (Market/Fair Value of Scheme’s Investments + Current Assets including Accrued Income - Current Liabilities and Provisions)/Number of units outstanding under the scheme divided by the option on the day of valuation

  • Liquidity: During the ongoing offer period, the purchase, switch-in, and switch-out of the units of this scheme can be done on any business day at NAV-based prices. Within 10 business days from the date of the unitholder making the redemption request, the redemption proceeds will be dispatched by the AMC.
  • Benchmark Index: Nifty 100 Equal Weighted Index

Sundaram Smart Nifty 100 Equal Weight Fund - Regular Plan - Growth Fund Manager

S. Bharath is the fund manager of the Sundaram Smart Nifty 100 Equal Weight Fund - Regular Plan - Growth scheme. He has more than 10 years of work experience. He also manages other schemes such as the Sundaram Long Term Tax Advantage Fund Series I - III and Sundaram Value Fund Series.

Why you should Invest in Sundaram Smart Nifty 100 Equal Weight Fund - Regular Plan - Growth?

Potential investors who are looking for capital appreciation in the long term can choose this scheme. Smart Nifty 100 Equal Weight Fund promises returns that correspond to the performance of Nifty 100 Equal Weighted Index. Consult experienced fund managers to find out if a mutual fund scheme is suitable for you.

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