Sundaram Select Focus


Issue details

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  • Opening date
June 24, 2002
  • Issue price
Rs.10/-
  • Closing date
July 19, 2002
  • Minimum investment
Rs.5,000/- and in multiples of Rs.500/-
  • Entry load
Nil during the initial offer, thereafter 2%
  • Type
Open-ended equity fund
  • Exit load
Nil

Nature of the Scheme:The fund seeks to achieve capital appreciation by investing in very few select stocks.

Highlights

  • This scheme offers dividend option and growth option.
  • 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.
  • The scheme offers SWP wherein the unitholders can withdraw a specified sum of money everymonth.
  • The entire initial issue expenses of the respective Plans will be borne by the AMC.

Investment Strategy

Under normal circumstances, the fund will be invested in equities, equity-related instruments, equity futures and options and money market 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 Select Focus 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 . Therefore, with equity markets getting to stabilize and with good professional mangement, the fund will pay off well for investors looking at high returns with reasonably high risk.

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