Sundaram Mutual Fund has launched the Sundaram Fixed Term Plan IC, a close ended income scheme. The NFO opens for subscription on January 05, 2018 and closes on January 09, 2018. No entry load and exit load will be applicable for the scheme. The minimum subscription amount is Rs 5000.
The investment objective of the scheme is to generate income by investing in debt and money market securities, which mature on or before the maturity of the scheme.