Sundaram Mutual Fund launched new fund offer Sundaram Select Small Cap Fund-Series III, 5 year closed ended scheme. The NFO Opens for subscription on 18 March 2015 & closes on 26 March 2015. No entry load will be applicable for the scheme.
[download id =””] [wptabs mode=”horizontal”]
[wptabs mode=”horizontal” background=”false”]
[wptabtitle] Scheme Details[/wptabtitle] [wptabcontent]Key Scheme Feature
|Scheme Name||Sundaram Select Small Cap Fund-Series II|
|Fund House||Sundaram Mutual Fund|
|Type||Closed Ended - 1400 days|
|Category||Small Cap (Micro)|
|Benchmark||S&P BSE Small Cap Index|
|Option||Growth / Dividend|
|Fund Manager||S. Krishna Kumar (Equity ) & Dwijendra Srivastava (Fixed Income)|
|Scheme Name||Sundaram Small Cap Fund -Series II|
|NFO Open||3 Nov 2014|
|NFO Close||17 Nov 2014|
|Scheme Type||1400 days close ended scheme|
|Minimum Application Amount||Rs 5000|
|Load Structure||For Purchase during NFO : Entry & Exit - NIL|
Cheque Details : “Sundaram Select Small Cap Fund-Series III”
Who can Invest
This product is suitable for investors:
- Seeking long term capital appreciation
- With risk appetite of investing in Equities
- Investors willing to take exposure in equity and equity related securities
[wptabtitle] Objective[/wptabtitle] [wptabcontent]Investment Objective for Select small Cap Series III
- To generate long term capital appreciation from a diversified portfolio of predominantly equity and equity related securities , including equity derivatives, in the Indian market .
- The company whose market capitalization is equal to or lower than that of the 101th stock and upto 300 stock in the nse.
Methodology (Portfolio Construction )
The fund will select stocks from within the investment universe based on following criteria
- Small Cap Universe – 200 stocks
- Cyclicals and Exports Theme – 164 stocks
- Sector considered for the analysis – Automobiles, Cement, Chemical, Construction, Energy, Fertilizers and Pesticides, Financial Services, Industrial Manufacturing, IT, Metals, Pharma and Textiles
- Top 3 stocks by market cap in each sector is considered
- The customized portfolio comprises of 36 stocks with a 10 years track records
List of some stock (Portfolio) of Sundaram Select small Cap Fund Series II
Crompton Greaves, Whirlpool, Redignton, Ashok Leland, FAG Bearing, Arvind Mills, Indraprasta Gas, Cummins India, Catrol, Federal Bank, Indian Hotels, Indian Bank, Allahabad Bank, J K Cement etc.
[wptabtitle] Tax Implication[/wptabtitle] [wptabcontent]
Illustrative List of Tax Implications
This summary of tax implication is based on the current provisions of the applicable laws. In view of the individual nature of tax implications, investor are advise to refer the provisions of the Income-Tax Act & consult Investment Advisor or Tax advisor with respects to the specific tax implications arising out of an investment in the scheme.
- Income from Fund : Exempt from Tax
- Dividend from Fund : Tax Free
- Long Term Capital Gain (Unit held for more than 12 months qualify) : Tax Free
- Short Term Capital Gain (Unit held for less than 12 month qualify) : 15%
- Security Transaction Tax : Payable at 0.001% on the value of units sold
- Tax Deduction at Source (TDS) : Not applicable for person resident in India; TDS applied on redemption proceeds payable to NRIs.
[/wptabs][download id =””]