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Sundaram Business Cycle Fund Opens for Applications. Important Points to Know – New Offering

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Sundaram Mutual Fund has launched Sundaram Business Cycle Fund, an open-ended equity scheme that follows business cycle based investments.

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NFO Period
The New Fund Offer or NFO for the scheme is open for applications and will close on June 19. The scheme will reopen for continuing applications/redemptions on July 1.

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Investment Objective
The plan's investment objective is to achieve long-term capital appreciation by investing primarily in equity and equity-related securities with a focus on identifying medium-term cycles that may affect business fundamentals. This is done through a dynamic allocation between different themes and stocks at different stages of the economic cycle.

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Benchmarks and Fund Managers

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Benchmarks and Fund Managers

The scheme will be benchmarked against the Nifty 500 TRI and will be managed by Ratish B Varier and Bharath S (equity investments), Dwijendra Srivastava and Sandeep Agarwal (debt investments) and Pathanjali Srinivasan (overseas investments).

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Minimum application amount

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Minimum application amount

The minimum application amount is Rs 100 and thereafter in increments of Rs 1. For daily SIP, the minimum application amount is Rs 100 with a minimum period of 3 months. For weekly and monthly SIP, the amount is Rs 1,000 and Rs 100 respectively with a minimum of 6 installments each. For quarterly, the investment amount is Rs 750 with 6 installments.

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End Load
A redemption fee of 1% applies if you redeem or withdraw via SWP within 365 days of the allotment date. After 365 days from the allotment date, no redemption fee applies to any redemption or withdrawal via SWP.

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Asset Allocation

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Asset Allocation

The fund will invest 80-100% in equity and equity related instruments selected on the basis of business cycle, 0-20% in other equity and equity related instruments, 0-20% in debt and money market instruments including units in debt oriented mutual fund schemes and 0-10% in units issued by REITs and InvITs.

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