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Sundaram Mutual Fund has launched Sundaram Flexi Cap Fund.
According to the fund house, the objective of this NFO is to create long-term capital appreciation, mainly by investing up to 60% in large cap and fintech, e-commerce companies (large cap, mid cap, small cap stocks) to generate profit through growth.
Minimum Investment:
The minimum investment required to invest in this fund is Rs.100 to Rs.1000. There is no lock-in period for this fund. But exiting the investment within 365 days of investment will attract 25% exit fee.
The fund is currently open for subscriptions. Last date for subscription payments is 30th August.
Disclaimer: Mutual fund schemes are subject to market risks. Consult your advisor before investing and invest at your own discretion.