Sundaram Capital Protection Oriented Fund – Series 7–This is a close ended fund which seeks to protect your capital by investing predominantly in high quality fixed income securities maturing in line with the maturity of the scheme. It would also aim to generate capital appreciation by investing some amount in equities. The tenure of the fund is 3 years.
Investment Strategy: The fund has a mandate to invest 80-100% of its corpus in high quality debt instruments. This investment will ensure that the maturity value will be equal to or more than 100% of the total investment at inception. The balance 0-20% will be invested in equity and related instruments. This strategy ensures that the investor gets his capital back, irrespective of market conditions. It provides an opportunity to the investors to enjoy the upside of equities without losing sight of capital protection orientation.
Who Should Invest?
Corporates & High Net-worth Individuals: The product is recommended as it is more tax-efficient than bank FDs. As gains on maturity is taxed as long term capital gains, the returns would be superior on a post-tax basis
Individual with Time Bound Goals: Ideal product for investors with specific time-bound goals (education, marriage, retirement etc). This fund is suited for investors who aspire for deposit-plus returns without assuming excessive risk
New to Equities: An excellent avenue to participate in the equity market with the comfort of capital protection
Safety: The fund has been rated AAA (so) by CRISIL. This rating indicates highest degree of certainty regarding payment of face value of investment at the time of maturity.
Scheme Features:
|
Particulars |
Details |
| Opening Date |
07/12/2011 |
| Closing |
19/12/2011 |
| Minimum Amount |
Rs. 5,000 |
| Tenure |
3 Years |
| Options |
Dividend Payout & Growth |
| Benchmark |
Crisil MIP Blended Index |
| Entry Load |
Nil |
| Exit Load |
Not Applicable |
| Fund Manager |
Dwijendra Srivastava & Srividhya Rajesh |
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