Sundaram World Brand fund | Fusion - WeRIndia

Sundaram World Brand fund

Sundaram World Brand fund

Sundardam World Brand Fund series I and II are open for investors. This closed-end equity scheme was opened on November 20, 2014 and will end on December 2, 2014. This fund lies in high risk category and ideal for investors who seek long-term capital growth.

Units will be offered at Rs.10 per unit during the New Fund Offers. The entire amount is payable on application. The fund is aimed to achieve growth by investing 65 to 100% in equity and equity related securities listed on recognized overseas stock exchanges across the world with high risk profile, and 35% in domestic fixed income and money market instruments that have low to medium risk profile. The maturity period for Series I and II are 1100 days and 1800 days respectively.

Two types of plans are available with this fund: Regular Plan and Direct Plan. Growth and Dividend Payout options are available. The default option is growth and the default plan is direct plan. The minimum application amount for both regular and direct plans is Rs.5000 and multiples of 10 thereafter. There is no entry or exit load for this fund. The benchmark index is MSCI ACWI Index for this scheme. You can get more details here.

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