Launch of Sundaram Equity Plus Fund.
v NFO Opens on – 04th May, 2011
v NFO Closes on – 16th May, 2011
v Entry Load – NIL
v Exit Load – 1%, if redeem before 12 months.
v Options – Growth Option and Dividend Option
v Minimum Application Amount – Rs 5,000
v Cheque in Favor of – “SMF EQUITY PLUS”
v Benchmark: S&P CNX Nifty for the equity and Gold Price in INR
Fund Key Characteristics
v Investment in Powerful asset classes: Indian equity and Gold.
v An asset allocation window to Gold (35%) and Indian equity (65%), Equity portfolio to have large-cap tilt and Gold exposure through Indian Gold Exchange-Traded Funds.
v Tax Efficiency – Tax treatment same as of equity fund i.e. benefit of tax-free long-term capital gains and dividend.
v Low correlation between gold and equity
v Gold is a source of stability during equity downturns such as 2000 and 2008.
v Equity component will seek alpha through sector calls & stock allocation.
Application form and product note is enclosed for your gracious perusal
