Sundaram Balanced Advantage Fund

Sundaram Balanced Advantage Fund NFO Details

Sundaram Balanced Advantage Fund NFO period Feb 14 to Feb 28, 2020:

The Sundaram Mutual Fund launched a new fund offer. The NFO is Sundaram Balanced Advantage Fund. The subscription period of NFO will start on 14th Feb and it will end on 28th Feb 2020. The fund will re-open on 12th March. 

Sundaram Balanced Advantage Fund NFO Details:

Fund Name  Sundaram Balanced advantage Fund
Fund House Sundaram Mutual Fund
NFO Period Feb 14 to Feb 28, 2020
Benchmark CRISIL Hybrid 50%+50% Moderate Index

It was an open-ended dynamic asset allocation fund. The benchmark of this NFO is the ‘CRISIL Hybrid 50%+50% Moderate Index’. This scheme will be available in both the direct plan and the regular plan. Initially, the face value of the scheme is Rs 10 per each unit. 

Entry load and exit load:

There is a nil entry load for this new fund offer.

The exit load, If the investor already purchased some of the units in another scheme of the same fund then

For nearly 10% of such units – Nil

For more than 10% of such units – 1% of NAV applicable.

Allocation pattern:

Instruments Allocation Risk Profile
Equity and Equity Related Instruments 0% to 100%  High
Fixed Income, Money Market Instruments, and Government Securities Cash and Cash Equivalents 0% to 100%  Low-High 
Units issued by REITs and InvITs  0% to 10% Medium-High

Minimum Investment:

The minimum investment should be Rs 100 and in multiples of Re 1. The additional investment needs to pay Ra 100 and in multiples of Re 1 thereafter. 

Sundaram Asset Management Company Limited and Sundaram Finance Limited are the asset management and trustee companies of this NFO. The objects of the NFO, it plans to generate long term capital appreciation by investing in equity, debt, REITs/InvITs along with equity derivatives.

Disclaimer: This post is just about scheme information. Investors should consult their financial advisers if in doubt about whether the product is suitable for them or any.

Related posts

Sundaram Bluechip Fund NFO Details


Draft SID Of ICICI Prudential India Equity Fund

Stock Investor

Muthoot Finance NCD : Muthoot Finance Limited NCD Opens On Sep 27