This entry is part 2 of 3 in the series Sundaram New Fund Offer

Sundaram Mutual Fund launched new fund offer Sundaram Select Small Cap Fund-Series II, 1400 days closed ended scheme. The NFO Opens for subscription on 3 Nov. 2014 & closes on 17 Nov. 2014.  No entry load will be applicable for the scheme.

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Scheme Details

Key Scheme Feature 
Scheme NameSundaram Select Small Cap Fund-Series II
Fund HouseSundaram Mutual Fund
TypeClosed Ended - 1400 days
CategorySmall Cap (Micro)
BenchmarkS&P BSE Small Cap Index
Option Growth / Dividend
Fund ManagerS. Krishna Kumar (Equity ) & Dwijendra Srivastava (Fixed Income)
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Scheme NameSundaram Small Cap Fund -Series II
NFO Open3 Nov 2014
NFO Close17 Nov 2014
Scheme Type1400 days close ended scheme
PlanRegular
Minimum Application AmountRs 5000
Load StructureFor Purchase during NFO : Entry & Exit - NIL

Cheque Details        : “Sundaram  Select Small Cap Fund-Series II”

Who can Invest

This product is suitable for investors:

  • Seeking long term capital appreciation
  • With risk appetite of investing in Equities
  • Investors willing to take exposure in equity and equity related securities

Objective

Investment Objective for Select small Cap Series II

  • To generate long term capital appreciation from a diversified portfolio of predominantly equity and equity related securities , including equity derivatives, in the Indian market .
  • The company whose market capitalization is equal to or lower than that of the 101th stock and upto 300 stock in the nse.

Methodology (Portfolio Construction ) 

The fund will select stocks from within the investment universe based on following criteria

  • Small Cap Universe – 200 stocks
  • Cyclicals and Exports Theme – 164 stocks
  • Sector considered for the analysis – Automobiles, Cement, Chemical, Construction, Energy, Fertilizers and Pesticides, Financial Services, Industrial Manufacturing, IT, Metals, Pharma and Textiles
  • Top 3 stocks by market cap in each sector is considered
  • The customized portfolio comprises  of 36 stocks with a 10 years track records

 

 

 

 

Tax Implication

Illustrative List of Tax Implications

This summary of tax implication is based on the current provisions of the applicable laws. In view of the individual nature of tax implications, investor are advise to refer the provisions of the Income-Tax Act & consult Investment Advisor or Tax advisor  with respects to the specific tax implications arising out of an investment in the scheme.

  • Income from Fund : Exempt from Tax
  • Dividend from Fund  :  Tax Free
  • Long Term Capital Gain (Unit held for more than 12 months qualify) : Tax Free
  • Short Term Capital Gain (Unit held for less than 12 month qualify) : 15%
  • Security Transaction Tax : Payable  at 0.001% on the value of units sold
  • Tax Deduction at Source (TDS) :  Not applicable for person resident in India; TDS applied on redemption proceeds payable to NRIs.

 

 

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Contact Us for Investment

rajendra@puneinvest.com

Mobile 7719917444