Sundaram Mutual Fund has launched the Sundaram Value Fund Series IX, a close ended growth scheme. The NFO opens for subscription on October 23, 2017 and closes on November 06, 2017. No entry load and exit load will be applicable for the scheme. The minimum subscription amount is Rs 5000.
The scheme's performance will be benchmarked against S&P BSE 500 Index and its fund managers are S Krishnakumar, Madanagopal Ramu, Dwijendra Srivastava, and Shiv Chanani.
The investment objective of the scheme is to provide capital appreciation by investing in a well diversified portfolio of stocks through fundamental analysis.