Sundaram Income Plus |
Issue details
c |
|
|
June
24, 2002 |
|
Rs.10/- |
|
|
July
19, 2002 |
|
|
Nil
during the initial offer, thereafter 2% |
|
Rs.5,000/-
and in multiples of Rs.500/- |
|
|
1.5% if redeemed within six months |
|
Open-ended
debt fund |
| . |
. |
|
Nature of
the Scheme:The fund seeks to achieve capital appreciation by investing a majority of
the corpus in AA rated papers. |
|
Highlights |
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- This scheme offers dividend option and growth option.
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- The scheme offers the unit holders an option to switch all
or part of their investment in the scheme to any other scheme of Sundaram Mutual Fund.
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- The scheme offers systematic investment plan wherein the
unitholder can invest a fixed amount every month for the additional purchase of units.
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- The scheme offers SWP wherein the unitholders can withdraw a
specified sum of money everymonth.
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- The entire initial issue expenses of the respective Plans
will be borne by the AMC.
|
|
Investment Strategy |
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| Under normal circumstances,
majority of the fund will be invested in debt instruments. |
|
Performance of other funds in the fund house |
|
| Name |
3 months |
6 months |
1 year |
3 years |
inception |
| Sundaran Growth fund |
1.04% |
15.21% |
14.95% |
6.15% |
11.48% |
| Sundaram Bond Saver |
1.54% |
4.76% |
12.92% |
13.30% |
13.54% |
| Sundaram Balanced |
2.37% |
12.12% |
13.73% |
N/A |
1.34% |
|
|
Risk Perception |
|
| Sundaram Income Plus is one of
the first innovative products in the mutual fund industry, launched by Sundaram MF. The
existing funds of Sundaram MF have set an exemplary performance in terms of returns and
diversification . Sundaram Income Plus has been designed for investors looking for higher
returns from debt instruments with moderate risk. |
|