Sundaram Mutual Fund has launched the Sundaram Value Fund Series X, a close ended growth scheme. The NFO opens for subscription on November 03, 2017 and closes on November 17, 2017. No entry load and exit load will be applicable for the scheme. The minimum subscription amount is Rs 5,000.
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 long term capital growth by investing primarily in well-diversified portfolio of companies accumulated at a discount to its fair value after taking into consideration various factors such as earnings, asset Value, free cash flow and dividend yield.