Saving-Ideas.com

Icon

Personal Finance Blog India –

NFO Review:Sundaram Equity Plus Fund.


Sundaram Mutual Fund have announced a new fund offer of Sundaram Equity Plus Fund.

The objective of this fund is to generate capital appreciation by investing capital in combination of Equity related instruments and Gold ETFs.This fund offers equity and Gold investment in one pack.

NFO Summary:

1.NFO start Date : 04th may 2011.

2.NFO End date: 16th May 2011.

3.Entry load: NIL.

4.Exit Load: 1% if redeemed before 1 year.

5.Min application amount : Rs.5000/-

6.Fund Type: Open ended.

7.Asset allocation pattern: Equity : 65 – 85%

                                                       Gold ETfs: 15 -35%.

                                                     Fixed Income securities: Max upto 20%.

Finally,,Success of this fund depends upon how actively and accurately fund house will  able to track equity and Gold prices and allocate according % asset.Here Additional “PLUS” indicates only addition of Gold portfolio.There is not like additional yield or anything like this,,as it may sound.

Personally I feel that investing in equity through good equity diversified  Fund SIP and  Gold through Gold fund  SIP + Value averaging (Or through Gold Etfs directly if you are active share trader)may be the better way if opting for longer term.


Category: Mutual Funds

Tagged:

Leave a Reply

Advertisement:

Categories

Categories

Blog Archives

See How Much Interest Your Saving Have Generated!!!Final Value will be Original Principal + Interest generated

Blog Author

Blog Author

Who's Online

14 visitors online now
3 guests, 11 bots

Disclaimer

Information provided on this blog is for general purpose only & not investment advice.Please take advice of SEBI Registered Investment Advisors before taking any investment decision.
14 visitors online now
3 guests, 11 bots, 0 members
Max visitors today: 19 at 09:55 am UTC
This month: 34 at 08-17-2017 11:17 pm UTC
This year: 56 at 02-27-2017 10:53 am UTC
All time: 363 at 09-23-2016 05:45 am UTC
Thank You For Visiting This Blog!!!