Sundaram Mutual Fund has announced 20 March 2019 as the record date for declaration of dividend on the face value of Rs 10 per unit under regular plan-dividend option of Sundaram Diversified Equity Fund. The amount of dividend will be Rs 0.30 per unit under plan / option as on the record date.Powered by Capital Market - Live News

Sundaram Mutual Fund has announced 19 March 2019 as the record date for the declaration of dividend on the face value of Rs 10 per unit under the following schemes. The amount of dividend (Rs per unit) will be: Sundaram Mid Cap Fund - Regular Plan-Dividend Option, Direct Plan-Dividend Option & Institutional Plan-Dividend Option: 0.20 each. Sundaram Equity Hybrid Fund - Regular Plan-Dividend Option & Direct Plan-Dividend Option: 0.16 each.Powered by Capital Market - Live News

Sundaram Mutual Fund has announced 18 March 2019 as the record date for the declaration of dividend on the face value of Rs 10 per unit under the following schemes. The amount of dividend (Rs per unit) will be: Sundaram Infrastructure Advantage Fund-Regular Plan-Dividend Option & Direct Plan-Dividend Option: 0.50 each. Sundaram Financial Services Opportunities Fund-Regular Plan-Dividend Option, Direct Plan-Dividend Option & Institutional Plan-Dividend Option: 0.50 each.Powered by Capital Market - Live News

Sundaram Mutual Fund has launched a new fund named as Sundaram Overnight Fund, an open ended debt scheme investing in overnight securities. The New Fund Offer (NFO) price for the scheme is Rs 1000 per unit. The new issue will be open for subscription from 15 March to 20 March 2019. The investment objective of the scheme is to generate income by investing in debt, money market instruments, cash and cash equivalents with overnight maturity / maturing in one business day. The scheme offers options: growth, dividend payout (Monthly), dividend sweep and dividend reinvestment (daily, weekly, fortnightly and monthly). The scheme would allocate 100% of assets in debt, money market instruments, cash and cash equivalents with overnight maturity / maturing in one business day with low risk profile. The minimum application amount is Rs 5000 and in multiples of Rs 1/- thereafter. The minimum additional amount is Rs 1000 and in multiples of Rs 1/- thereafter. The fund seeks to collect a minimum subscription (minimum target) amount of Rs 20 crore under the scheme during the NFO period. Entry load: Not applicable. Exit load: Not applicable Benchmark Index for the scheme is NIFTY 1D Rate Index.The fund managers of the scheme are Siddharth Chaudhary and Sandeep Agarwal.Powered by Capital Market - Live News

Sundaram Mutual Fund has launched a new fund named as Sundaram Fixed Term Plan - IS, a close ended income scheme with the duration of 1120 days from the date of allotment of units. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open for subscription from 15 March 2019 and closes on 19 March 2019. The objective of the Scheme would be to generate income by investing in debt and money market securities, which mature on or before the maturity of the scheme. The scheme offers growth and dividend payout, dividend sweep options. The scheme will allocate up to 0%-20% of assets in money market instruments including bills rediscounting & cash equivalents and up to 80%-100% of assets in short term & medium term debt instruments with low to medium risk profile. The minimum application amount is Rs 5000 and in multiples of Rs 10 thereafter. The fund seeks to collect a minimum subscription (minimum target) amount of Rs 20 crore under the scheme during the NFO period. Entry load: Nil Exit load: Not applicable. The scheme`s performance will be benchmarked against Crisil MediumTerm Debt Index. The scheme will be managed by Sandeep Agarwal.Powered by Capital Market - Live News