Being part of the 60-year-old Sundaram Finance Limited Group which is a diversified venture having an interest in the investments, finance, and automobile, Sundaram Mutual Fund has a recognised position in the Indian mutual fund industry. This fund house is based on the model of “Unearthing Opportunities” for the investors due to which it has been able to provide a large number of investment options to the investors. It is a 19-year-old mutual fund and has Sundaram Asset Management Company as its investment manager. By pooling the large amounts of investors’ monies with a common objectives, it invests the same across different market opportunities and shares the proceeds mutually with the investors. On the basis of the investment objectives of the investors, Sundaram Mutual Funds invest in equities, fixed income, and various other instruments.
Different Types of Funds from Sundaram MF
Open-Ended Funds - This includes the schemes which do have a zero lock-in period and tend to provide a high degree of flexibility to the investors to redeem or withdraw the funds as and when required. It includes the schemes having an investment in equity instruments across different market caps and sectors to provide high worth on the invested capital. The schemes included in this category are Sundaram Select Fund, Sundaram SMILE Fund, Sundaram Equity Multiplier, and so on.
Tax-Saving Fund - The scheme under this category is specialised in providing the tax benefit to the investors under Section 80C of the Income Tax Act. By investing in this plan, you can save up to Rs.1,50,000 and reduce your tax liability for a financial year up to a great extent.
Theme-Based Funds - In order to focus on a specific sector or theme, Sundaram Mutual Fund has invested a huge capital in Rural India projects, Financial Services, and Infrastructure activities. The investors who wish to grow their money with these growing sectors should consider investing in these plans.
Balanced Fund - A balance is quite important in life to maintain stability and chase growth. The balanced mutual funds offered by Sundaram MF are based on the same concept and aimed at providing financial stability along with capital growth. The scheme falling in this category tends to invest in the equity and debt instruments on a simultaneous basis and then aim at delivering returns which are highly appreciable and favourable in order to accomplish the desired returns.
Fund of Fund - In order to provide wide diversification to the invested capital of the investors,
Sundaram Mutual Fund online investment have launched a scheme with the name Sundaram Global Advantage Fund. This scheme plays on global asset classes which include the emerging equity markets, real estate, and commodities. The fund is actively managed by the fund manager and looks at various asset classes to generate growth across the world.
Index Fund - This is another plan offered by this AMC which invests in companies having constituents of Nifty 100 Equity Weighted Index in the same proportion as in the index. It is suitable for the investors who are seeking to invest in the companies which are constituent of the Nifty 100.
Close-Ended Funds - This constitutes the plans which have a set lock-in period and do not provide the flexibility benefits to the investors until the maturity. These plans are aimed to appreciate capital during a fixed tenure and help investors attain their prefix investment goals easily. The schemes falling in this category are Sundaram Top 100, Sundaram Value Fund, Sundaram Select Small Cap Fund, and so on.
This way, Sundaram Mutual Fund aims to provide the best investment opportunities to the investors as per their requirements and investment goals. If you wish to plan your financial future with a trustworthy brand, then this AMC can’ be missed out. Let your money work for you with Sundaram MF while you enjoy your life to the fullest.
This article elucidates all the different types of investment products offered by Sundaram Mutual Fund due to which it has been called an AMC with brilliant opportunities. You must read this to know which fund is best suited to your requirements to make a right choice of the scheme for your portfolio.