Mutual has launched Sundaram Flexi Cap Fund, which will invest across sectors, in large, mid and small cap stocks, without any restrictions on allocation across market cap curves. The new fund offer is currently open and it will close on August 30.
Flexi Cap funds have the potential to outperform over market cycles. They allow investors to stay invested in the best cap curves, sectors and stocks across all market scenarios. Investors tend to chase the markets and may or may not make the right call for their portfolio. By investing in a Flexi Cap, they leave the decision to the experts, allow for greater diversification and can relax while the fund manager Optimizes Opportunities for them,” said Sunil Subramaniam, Managing Director, Sundaram Mutual.
Ravi Gopalakrishnan, Chief Investment Officer – Equity said, “We will invest in a judicious mix of 55-70 large, mid and small cap stocks, with a top-down approach to sector selection, and bottom-up to stock picking. Large caps will be biased towards compounding stories and mid and small caps towards companies that will provide alpha generation.”
The fund will be managed by Sudhir Kedia – Fund Manager – Equity and Ravi Gopalakrishnan, CIO – Equity. The benchmark chosen is the Nifty 500 TRI Index.