Sundaram Fund has announced changes in fundamental attributes of Sundaram Flexible Fund – Short Term Plan with effect from 17 March 2017.
The proposed changes are: name of the scheme: Sundaram Banking & PSU Debt Fund
Asset Allocation: The scheme will invest 80%-100% of assets in market & debt securities issued by banks, Public Sector Undertakings (PSUs) & Public Financial Institutions (PFIs) and invest up to 20% of assets in other debt & money market securities with low to medium risk profile.
Existing investors have an option to exit without paying exit load between 16 February 2017 and 17 March 2017.
