Posts filed under 'Sundaram Mutual Fund'
A fund that started in July 2002, having an asset size of 2315 crores as of July 2011 (2151.3 Cr in June 2011), having an average weighted market capitalization of Rs. 6889 crores, the Sundaram Select Mid Cap Fund is one of the best midcap mutual funds available in the Indian mutual funds space. The fund has given a since-inception returns of 30.4% compared to its BSE Mid-cap Index benchmark of 17.9% proving it a good long term choice.
The scheme had IPCA Labs, Indraprashta Gas, IndusInd Bank, Coromandel Fertilizers, Petronet LNG, FAG Bearings, Trent, EID Parry, Idea Cellular and Bosch Limited as its top 10 holdings.
The scheme is overweight in Fertilisers & Chemicals, Auto Ancillaries, Energy - Utilities and underweight on Financial Services, Services and Industrial Manufacturing.
The scheme has given a dividend of 20% in November 2010 and a total of Rs. 9.5 per unit in the last three years.
The scheme is currently placed at Rank #67 amongst 263 diversified equity schemes on Moneycontrol. With an ‘Average’ Risk Grade and an ‘Above Average’ Return Grade, the script is 4-star rated on ValueResearch.
August 21st, 2011
Global restructuring of various financial corporations in the recent past have brought about many changes in the organizations and their owners. Because of restructuring in the global Fortis group, the Fortis Investment Management now became a part of BNP Paribas.
Because of this, Fortis Mutual Fund was renamed as BNP Paribas Mutual Fund and the AMC will be renamed as BNP Paribas Asset Management India Pvt. Ltd. The change in the names, along with the change in scheme names will become effective October 19, 2010.
It may be recalled that BNP Paribas also has a joint venture with Sundaram Finance Ltd. for the mutual fund business in India where BNP Paribas holds a 49.9 per cent stake. Sundaram BNP Paribas Mutual Fund is now renamed as Sundaram Mutual Fund effective October 12, 2010.
October 19th, 2010
The following is a list of ongoing Mutual Fund New Fund Offers (NFO)s.
Baroda Pioneer Mutual Fund
Baroda Pioneer Public Sector Undertaking (PSU) Bond Fund
DSP BlackRock Mutual Fund
DSP BlackRock World Mining Fund
Fidelity Mutual Fund
Fidelity India Value Fund
Franklin Templeton Mutual Fund
Franklin Templeton Fixed Tenure Fund - Series XIII - Plan A
Templeton India Income Opportunities Fund
IDFC Mutual Fund
IDFC Fixed Maturity Plan Seventeen Month Series 1
Kotak Mahindra Mutual Fund
Kotak FMP 18M Series 3
Reliance Mutual Fund
Reliance Fixed Horizon Fund - XIII - Series 3
Sundaram BNP Paribas Mutual Fund
Sundaram BNP Paribas - Select Thematic Funds - PSU Opportunities
December 10th, 2009
Draft offer documents of the following Mutual fund schemes are submitted to SEBI for approval and are now put on SEBI website for public view and commenting:
ICICI Prudential R.I.G.H.T Fund
Sundaram BNP Paribas FTP - 16-24 Months- Series P-X
Sundaram BNP Paribas FTP 180 days 1-3
September 30th, 2008
Draft offer documents for the following mutual fund schemes are submitted and are put for public view and commenting:
Sundaram BNP Paribas FTP - 90 days - Series 7
March 4th, 2008
Previous Posts