Sundaram Mutual Fund has launched a new close-ended capital protection-oriented scheme, MoneyGuru India reports. The Sundaram Capital Protection Oriented Fund 3 Years (Series 4) will track the performance of the Crisil MIP Blended Index.
The scheme will invest about 80-100% of assets in fixed income securities with low to medium risk profile and 20% to equity and equity-related instruments with high risk profile. Dwijendra Srivastava will manage the debt portion, while Srividhya Rajesh will manage the equity portion of the scheme.
Click here for the story from
Click here for the additional coverage from Moneylife Personal Finance.